Which PMP or MBA? Here’s the answer!

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Which PMP or MBA? Here’s the answer!

Are you confused? What should you do? There is nothing to be concerned about. Let me share my knowledge with you.
For the past 27 years, I have worked in the corporate sector. I have completed both the MBA and the PMP. Let me share my experiences with you, in case it helps you decide which priorities to place and how to choose one.
Let me tell you about my MBA journey, which took place before PMP. I received my MBA from an elite Indian institute. Back then, there was a lot of interest in an MBA. Everybody who was an MBA was rated by employers as the best in their breed category. I passed my entrance exam and was selected by two institutes. I then chose to go with the better one.
I come from core engineering and have worked in the technical field. MBA was a new experience for me. There were too many subjects, different examination patterns and a new method of measuring them. I also had to learn new methods of presentation, case studies, brainstorming, role play, and a primary level research, which I wasn’t used too in engineering. This is how I became fascinated with MBA. I worked hard and would never forget that experience. It was challenging, but it was a rewarding experience.
I was able to get a great job as a Project Manager immediately after my MBA. I started working on various projects, learned a lot about project management, and began to interact with colleagues, friends, and family on the topic. This was very interesting as I was able to use what I learned in my MBA days to make this interesting. So far so good.
The challenges of the corporate world called me to something different. Slowly, I realized that even though I work in a mechanical manner getting projects planned and executed, the global world of project and portfolio management was far beyond my comprehension. I thought I was just a tip of the iceberg. I had only 5 years of experience and could not see the actual 90% of growth.
Here is where I would call a “Miracle”. I was able to get in touch with PMI (Project Management Institute), which is the largest non-profit, volunteer driven organization in Project management and related topics. PMI was supported by REPs (Registered Education Providers) and many chapters around the world. I had the opportunity to meet with the local chapter board. They were still looking for core volunteers to help with branch expansions and I was able to get involved in local chapter activities. We used to meet once per month in person at the chapter office. I used to volunteer for 2-4 hours per week.
The PMI experience helped me realize my futuristic dreams. However, it was only possible because of the push of the organization I was working for, which is “PMP”.
The GREAT WORLD OF PMP Certification
My global company required all project managers to be PMP certified. This was a pressure on my department. I used to be part of the Dept of PPM, Portfolio and Program Management. I was not keen or inclined to get this certification. I always asked the question about the value and how much money it would cost. I discovered the GOLDEN POOT (amazing depth to this profession) while doing extensive research. I began to explore it more and more, and was eventually attracted to it. My organization contacted a local chapter trainer to lead the 5-day PMP training in-house.
My first failure
I was well aware of the importance of this certification, but I procrastinated getting my PMP Certification. It took me one year to finish it, and by that time I had forgotten almost all the concepts I had learned during my five day course. After passing the exam, the company offered to cover 80% of the course and certification fees. I regained all my energy and focused on this certification.
Here are the core differences I discovered between PMP and MBA during preparation
PMPMBAFocussed upon core project management principles. Apply body of knowledge principles to live projects in real-life situationAcademic research and application of simulated situations. Fresh graduates can do MBAAssessment on situational based questions regarding project management. Assess your general managerial skills, especially with reference to one of the functions. Organizations are constantly trying to stay ahead of the competition and take on new initiatives and endeavors.