11 Factors to Consider When Pursuing a Construction Management Degree
The construction sector provides a wide range of projects, be it houses, flats, offices, bridges, or skyscrapers. Each of those projects is led by construction managers during every development phase, whether it be planning or completion.
Knowing about construction management degrees of higher educational level and the benefits and drawbacks of obtaining one might assist you in exploring this career path.
In this post, we’ll look at what a construction management degree is and eleven things to consider to help you decide whether or not a construction management degree is a perfect fit for you.
So we’ll start by understanding: What is a construction management degree?
What exactly is a degree in construction management?
A construction management degree is an undergraduate program of four years. A bachelor’s degree in construction can cost between $28,000 to over $100,000, depending on whether you study in person or through online programs.
Throughout your construction management degree courses, you acquire managerial abilities, learn construction legislation, and study construction project management, evaluating, and planning. Some two-year associate degrees in construction management may be available at a cheaper cost.
11 Things You Must Consider Before Pursuing a Construction Management Degree
Following are the 11 things to consider before pursuing a construction management degree:
- Employers demand a bachelor’s degree.
- A degree can help you gain more experience.
- College might provide opportunities for networking.
- Practical experience is very valuable.
- A degree takes time to complete.
- A college education is not cheap.
- A degree in construction management is a specialist degree.
- Additional certificates and licenses are required for construction management.
- A master’s degree can help you develop in your profession.
- A degree brings you more money.
- Job satisfaction is provided by construction management.
1. Employers demand a bachelor’s degree
Although on-the-job experience is crucial, many employers prefer construction managers with a higher education degree. It can assist you to stay competitive in the job market, earn higher pay, and progress in construction management. If you start your own construction company, a construction management degree will help you build client confidence and a good reputation.
2. A degree can help you gain more experience
Learning about construction management aspects, such as systems, procedures, construction project management, will help you obtain essential skills faster instead of learning on the job through trial and error. Construction management internships or working while pursuing a degree are great ways to bring the skills into play you learn in college.
3. College might provide opportunities for networking
The college experience provides many opportunities for growing your professional network of contacts, whether by meeting professors, industry colleagues, or fellow students through construction management internships. This can be beneficial for future career prospects, project bidding, professional development, or hiring on your team.
4. Practical experience is very valuable
A construction management degree is a significant financial investment, especially with prior construction expertise. If you’ve already made a name for yourself in the industry, a formal degree program may not provide enough new skills and knowledge to compensate for the cost of the credential. If you already have considerable construction experience or background, consider mentoring with other construction business owners, earning a two-year associate’s degree, or investing in business management courses and certifications, particularly for areas you want to get better at.
5. A degree takes time to complete
A bachelor’s degree in construction management takes many years to complete, usually four if you study full-time and longer if you study part-time. Though getting construction management jobs while pursuing a degree in construction is normal, it demands solid time management skills and a healthy work-life balance for both your schooling and your career. Other pursuits, such as hobbies or social engagements, may have to take a back seat to your education. An associate degree usually takes two years to complete.
6. A college education is not cheap
College degrees are a wise investment in your career, though the expense is an essential factor to consider. Prices vary depending on where you live, your degree, whether you attend public or private colleges and take online or in-person classes, and if you receive financial help or scholarships. Tuition for construction management degrees can range from $28,000 to more than $100,000. Room and board, books, transportation, and personal expenses are additional expenses.
7. A degree in construction management is a specialist degree
Highly specialized degrees are fantastic for professional progress within a particular sector, but switching to other areas of interest in your career outside of the industry can be more difficult. Consider whether construction management is a good fit for you, and speak with others experts in the field to learn more about the construction management degree and the jobs you can get with it. Construction science, engineering, engineering technology, civil engineering, and architecture are alternative college majors you can consider studying.
8. Additional certificates and licenses are required for construction management
Depending on where you reside or work, you may still require construction management certification and licensure as a construction manager.
To obtain these certifications, you will require:
- A degree
- Professional experience
- Passing score
Acquiring these qualifications and licenses can help you flourish in your career and earn more money.
Here are several construction management certifications and licenses to consider:
The American Institute of Constructors (AIC): This institute offers certification for associate constructors.
Construction Management Association of America: This organization offers certification for certified construction managers.
State licensing: This license varies depending on where you live, work, as well as the sort of job and cost. Make sure to look into the licensing fees and requirements in your specific state.
9. A master’s degree can help you develop in your profession
Some professionals may consider doing a master’s in construction management to enhance their careers, gain promotions, or work on high-profile, high-cost projects. As a bachelor’s degree in construction management or a related discipline is required to enroll in a master’s program, it’s crucial to think about your long-term job goals when deciding on your educational path.
10. A degree brings you more money
You can generally earn a higher income and competitive wages if you have a construction management degree. The average construction management salary is $78,395 per year in the United States.
Entry-level construction management jobs start from $66,683 per year, while the most experienced construction managers earn up to $81,490 per year.
Salaries vary by region, work experience, project scope, and other factors, but it is a well-paying and rapidly rising career path. From 2019 to 2029, the US Bureau of Labor Statistics predicts an 8% increase in the field, more significant than all other employment averages.
11. Job satisfaction is provided by construction management
Construction managers often have a high level of job satisfaction since they work on buildings and projects that benefit people and communities. It is typically rewarding to blend training, knowledge, and skills with creativity, leadership, and a passion for the sector.
Earning a construction management degree is beneficial as you will get higher pay, have a high level of job satisfaction, and gain considerable experience through it.
We hope reading this article helped you decide if pursuing a construction management degree is right for you. If you have any queries related to this field, do let us know in the comment section.
The Primus Workforce team is proudly built on hands-on industry knowledge and experience.