Looking for a hike? Become a certified project manager

Our Bureau New Delhi | Updated on January 20, 2018

Job prospects: A job fair in a Bengaluru college (file photo). Data show just 12 per cent of women have PMP certification, and there is a huge gap in the salary ranges for men and women

Certifications such as PMP give you an edge in earnings potential, says survey

If you are an IT professional looking for a boost in your career or among the 80 per cent of India’s youth who aspire to become an engineer, getting a Project Management Professional (PMP) certification might be worth considering.

Certifications such as PMP, offered by the Project Management Institute, give you an edge when it comes to salary and earning potential, according to PMI’s ‘Earning Power: Project Management Salary Survey’.

Those with such a certification get an average 20 per cent higher salary than those without one, says the survey. For instance, in India, the median salary of those with a PMP certification is ₹17 lakh (₹12 lakh for those without the qualification).

The report also suggests that project management experience has a key impact on salaries globally. The median salary range for those just starting out in project management and those who have been in the field for 20 years is ₹14 lakh to ₹31 lakh.

The data show that just 12 per cent of women have PMP certification, and there is a huge gap in the salary ranges for men and women. The average pay for men ranges between ₹6,59,179 and ₹21,73,384, whereas, women earn between ₹4,60,107 and ₹17,54,870.

Most popular job profiles for employees with PMP certification include Project Manager, IT Senior Project Manager, IT Project Manager, Software Development Project Manager, Engineering Operations Manager, Program Manager, and IT Deputy General Manager.

Some popular employers for qualified project managers are IBM, Infosys, Accenture, Tata Consultancy Services, HCL Technologies, Hewlett-Packard and Wipro Technologies. Bengaluru, Mumbai, Pune, Chennai, Hyderabad, Gurgaon and New Delhi are preferred destinations for such professionals.

The ninth edition of the PMI report is based on self-reported salary information from more than 26,000 project management professionals from 34 countries. A total of 1,197 professionals from India participated in the study.

Published on May 10, 2016

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