In an ever faster changing world, where competition is getting fierce, resources and budgets are running out faster and customers become more and more picky, companies need to find a way not only to survive, but to remain competitive. One of the possible options to deal with these challenges is to adopt a project oriented business model. This orientation of companies towards projects increases the need for competent project managers. This trend has also been recognised by the educational providers and nowadays, more and more institutions offer project management courses in their curricula. This master thesis investigates to what degree the educational offers for project management programs from the DACH region correspond to the requirements of the labour market. The methodological approach consists of a mixture of literature review, quantitative analysis of 124 online job advertisements and 12 expert interviews with experienced project managers from Austria (seven), Germany (three) and Switzerland (two). The main findings show that the key competences of a project manager are the methodological competences, the professional competences, the social competences and the business competences. Most of the identified educational programs cover these four competences areas. Nevertheless, the current programs are far from perfect and improvements still need to be done. By describing the requirements of the labour market for a project management position and the expectations of practitioners from a project management education, this paper helps education providers asses their strengths and weaknesses and identify potential areas of improvement.