The field of Construction management is a fairly new one wherein management fundamentals are blended with Civil Engineering. An MBA Construction management graduate will be tasked with numerous responsibilities which include analysing and preparing a construction project overview, performing viability and feasibility studies, assessing risk and legal factors involved, marketing, and much more. As this is done within the corporate structure, an MBA degree gives you the necessary edge. If you are interested in pursuing this degree, read on.
MBA in Construction Management Abroad
The growth in the construction and civil engineering sector, especially in Asian and continent has no less than driven the evolution of the sector in the world. This has stimulated the demand for qualified professionals who understand the ins and outs of the industry and are capable of navigating through different business scenarios. Skills of problem-solving, critical analysis and thinking, leadership and teamwork have become a must-have. To take advantage of this growth, institutions around the world have started offering highly appreciated, industry-backed courses for students willing to enter into this domain.
Top Colleges for MBA in Construction Management/ MBA in Construction Project Management in World
The MBA in Construction Management or MBA in Construction Project Management is a relatively new course addition in university catalogs. Further, you will also find interesting Masters or MSc degree combinations. The following table gives a few options to consider.
|S. No.||Degree Program||University|
|1||MBA Project Management||University of East London|
|2||MBA Construction Project Management||Amity Business School, Dubai|
|3||MBA-Project Management||Dublin Business School, Ireland|
|4||MSc Construction Management||New York University, USA|
|5||MBA Construction Management||RMIT University,|
|6||Master of Construction Management||The University of Melbourne, Australia|
|7||Master of Applied Science in Civil Engineering- Project and Construction Management||University of British Columbia, Canada|
|8||MSc Construction Project Management||University of Manchester, UK|
|9||Master of Construction Management||University of Southern California, USA|
|10||MBA Construction Management||Australian National University|
Why MBA in Construction Management/ MBA in Construction Project Management?
Here are a few reasons that will help you make your decision.
- Range of Job Options: With more ambitious construction projects being undertaken, the job market has diversified with a range of jobs and employment options. Given here are some job profiles.
o Design Engineer
o Project Procurement Manager
o Team Leader
o Project Cost Estimator
o Risk and Safety Expert
Diverse Employers: There are diverse categories of organisations that are looking to hire graduates in this field.
o International Consultancies
o Government Agencies
o Architecture Firms
o Social Sector Organisations
o Private Firms
o Personal Venture
- A Gold-Edge to Your Engineering Degree: Core engineering graduates are always criticised to be not ready for the market. If you have a B.Tech in Civil Engineering, an MBA in Construction Management or similar courses will help you build that profile that propels into the top ranks of the business and real estate world. You can also go for specialised project management certifications.
What Does a Construction Project Manager Do?
The job responsibilities of a Construction Project Manager entails:
- Conducting feasibility studies [cost and return, etc.]
- Assessing risk factors
- Giving inputs and working with the HR for hiring competent junior professionals
- Working with the architects on design, materials, finance, etc.
- Constant inspection and changes
- Liaising with legal experts and authorities
- Regularly be in touch with seniors
- Fulfilling the safety protocols
- Assimilating new-age technology into business processes such as 3D printing, drones, robots, data analysis, sensors, prefabrication, etc.
MBA in Construction Management Abroad: Admission Procedure
The applications cycle typically open in September/October and close in February/March of next year. Apart from this cycle, universities may also operate a Winter Admission Window from March-May/June. If you intend to be considered for scholarships and funding, apply as early as possible.
- Fulfil the minimum eligibility requirements[equivalent qualifying degree, minimum marks in graduation, the requisite number of industry experience, etc. as required].
- Take and Submit the English ProficiencyIELTS/TOEFL/PTE and SAT/GMAT/GRE Test Scores [as required]
- Submission ofApplication Set [Passport, Statement of Purpose, Two/Three letters of Recommendation, Experience Letter (if required), Transcripts, Financial Support Statement/Funding Essay (if applying for funding), etc.]
- Payment of Application Fee.
- Personal Interview/Group Discussion/Writing Task[if required]
- Within the 2-3 months of applying, usually, your results will be declared. Your application will be confirmed, waitlisted or rejected.
- Deposit the requisite Tuition Fees within the deadline
- Submit Student Visa Application [may vary as per Embassy regulations]
MBA in Construction Management/ MBA in Construction Project Management Syllabus
While the syllabus of a program depends on course structure and objectives, here is a rough approximation of what you might expect. The subjects, electives offered, time duration and projects may vary from university to university.
|1st Semester||2nd Semester||3rd Semester||4th Semester|
|Management Principles||Procurement & Tendering||Financial Risk Management||Quality, Health and Safety Management|
|Project Development & Pre-Construction Planning||Business Marketing||Professional Writing||Project Execution & Control|
|Business Communication||Probability and Statistics||Project Performance Measuring & Evaluation||Case Studies in Project Management|
|Behavioural Analysis||Human Resources Management||Dispute Management||Business and Industry Ethics|
|Sustainable Practices||Project Quality Management||Organisational Structure & Issues||Purchasing & Contracting|
|Electives/Projects/ Foreign Languages/ Internships||Electives/Project/ Foreign Language/ Internships||Electives/Projects/ Foreign Language/ Internships||Electives/Projects/ Foreign Language/ Internships|
|Electives Offered: International Practices, Corporate Law, Integrated Transportation, Business Environment, Investment & Real Estate Finance, etc.|
As is mentioned throughout the article, an MBA Construction Management gives you entry into the real estate business as a qualified professional. If you are interested and hope to make a career, then it is a no-brainer.