pmp certification fees in india
The Project Management Professional (PMP) certification, offered by the Project Management Institute (PMI), involves several fees that candidates in India should be aware of. The primary fee consists of the exam fee, which varies depending on whether the candidate is a PMI member or a non-member. As of my last update, PMI members pay approximately USD 405, while non-members pay around USD 555. Additionally, there may be costs associated with preparatory courses or study materials, which can range from a few thousand to tens of thousands of Indian Rupees, depending on the format and provider. Candidates should also consider other expenses, such as membership fees (around USD 139 annually), renewal fees, and any potential tax implications when budgeting for the PMP certification in India.
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1 - Certification Exam Fees: The primary fee consists of the PMP certification exam fee, which is around INR 25,000 for PMI members and INR 35,000 for non members. This fee is essential for students to budget as part of their certification costs.
2) Training Course Fees: Many students opt for PMP training courses, which can vary significantly. These courses typically range from INR 15,000 to INR 50,000 based on the provider, duration, and delivery format (online or in person).
3) Membership Fees: Joining the Project Management Institute (PMI) is advantageous for students, as membership provides discounts on exam fees and access to resources. The membership fee is approximately INR 8,000.
4) Study Materials: Students may need to purchase additional study materials or reference books, which can cost between INR 2,000 to INR 5,000.
5) Re examination Fees: If students do not pass the exam on the first attempt, the re examination fee for PMI members is around INR 13,000 and INR 18,000 for non members.
6) Online Course Access: Some training providers offer comprehensive online courses that include exam simulators and study guides, which can add an extra cost between INR 5,000 to INR 10,000.
7) Travel Expenses: For in person classes, students may incur travel expenses depending on their location relative to the training center, which can vary widely.
8) Workshops and Bootcamps: Intensive workshops or boot camps designed to prepare students for the PMP exam may have additional fees, ranging from INR 10,000 to INR 25,000.
9) Networking Events: Attending PMI events or networking opportunities can incur costs, typically around INR 2,000 to INR 5,000 per event, but these can be beneficial for professional growth.
10) Group Discounts: Training providers may offer group discounts for students enrolling together, leading to potential savings of about 10 20% on course fees.
11) Online Resources Subscription: Some students may choose to subscribe to online platforms for additional practice exams and resources, costing around INR 3,000 to INR 5,000.
12) Time Investment: While not a direct financial cost, students should also consider the time required for studying and completing the training, which can affect their ability to work or study simultaneously.
13) Practice Exam Fees: Mock exams are crucial for preparation and may cost around INR 1,500 to INR 3,000 separately.
14) Job Preparation Fees: Additional expenses may be attributed to resume preparation or job placement services, which could cost between INR 2,000 to INR 10,000.
15) Miscellaneous Costs: Students should also consider miscellaneous costs such as printing, stationary, or internet access, which can add up to a couple of thousand rupees.
By breaking down these various aspects, students pursuing PMP certification can effectively plan and manage their budgets to meet the necessary requirements for certification in India.
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