I’ve noticed the same trend. A Master’s in Project Management definitely has its place, especially in academia, certain large corporations, or consulting environments.
But the reality is: most graduates coming straight out of a Master’s program don’t yet bring the hands-on experience. They usually start in junior roles, because employers know theory alone isn’t enough to deliver in complex projects.
The PMP, on the other hand, proves that you already have that experience. You don’t just know the frameworks – you’ve applied them. That’s why, in practice, PMP, combined with real project experience, will almost always outweigh a Master’s degree without experience.
And if you look closely at job listings, most of them actually say: completed degree in XY or equivalent qualification. In those cases, a PMP ticks the box – and often in a stronger way, because it signals both knowledge and proven practice.
So my view: PMP is a must-have if you want to move up in PM, while a Master’s is optional unless you have a particular academic or corporate career track in mind.