Is PMP certification worth it?

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 $60,000-$200,000 to earn an MBA.

Program Cost Duration Salary
PMP $2,500 3 months $111,135
MBA $100,000 21 months $99,625

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.  Here are the top cities hiring for PMP certified professionals.

What is a PMP Certification Worth?

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

In conclusion, given the intense competition in the workplace, PMP Certification is extremely beneficial. Becoming PMP certified sets the standard and quickly highlights your ability and experience. The PMP Credential is specifically designed to be an unbiased endorsement of your experience, competence and ability to leading project teams.  If you’re a project manager with a minimum of 2-3 years of experience and you want to solidify your skills, stand out among your peers, as well as maximize your career security and earning potential, you should confirm you meet the PMP certification requirements and then attend one of our PMP Boot Camps.