How Much is PMP Certification Worth?
What is a PMP Certification Worth?
When deciding whether to pursue PMP certification one of the big questions is: How much is it really worth? The answer: 20 percent of your salary. That represents a considerate jump in salary. Now, there are several variables, which we’ll explain below.
We gathered salary information for project managers from a broad range of companies including: PMI, PayScale, Glassdoor, Indeed, Salary.com, Monster, Career builder. The chart shows the salary ranges that a PMP project manager can expect to make, by location.
According to PayScale, Project Managers in Information Technology earn between $88,120-$149,195 while Project Managers in Engineering earn between $67,629-$139,597. Meanwhile, the average salary for an MBA graduate is $99,625.
You can take a PMP certification exam preparation training class for less than $2,000 and the entire process for less than $2,500. In less than three months, you could become PMP certified. However, it takes 18-24 months and between $20,000-$100,000 to earn an MBA.
Financially prudent professionals who invest wisely in their career education may consider a PMP certification to be a far better option with significantly higher returns on investment (ROI) than an MBA.
There are over 13,000 job openings on Linkedin for professionals with a PMP certification. The top cities hiring for PMP certified professionals include:
|City||Job openings||PMP certification training|
|Washington DC||1420||PMP Certification Training in Washington DC|
|New York||813||PMP Certification Training in New York|
|San Francisco||534||PMP Certification Training in San Francisco|
|Chicago||362||PMP Certification Training in Chicago|
|Boston||334||PMP Certification Training in Boston|
|Dallas||333||PMP Certification Training in Dallas|
|Atlanta||326||PMP Certification Training in Atlanta|
|Seattle||277||PMP Certification Training in Seattle|
|Denver||184||PMP Certification Training in Denver|
|Houston||148||PMP Certification Training in Houston|
|Phoenix||138||PMP Certification Training in Phoenix|
|Austin||127||PMP Certification Training in Austin|