There is an ongoing debate about the relevant and value of getting professional certifications in project management versus academic qualifications in project management.
It should be depending on your career phase, interest and current project management knowledge and competencies.
For a young graduate who is keen in project management, he or she could consider a Bachelor degree in PM or related degrees with PM focused.
As for working professionals who like to shift to pm career, he or she might consider to pursue a Master degree or post-graduate diploma in PM. Try to gather as many pm experience as possible. Volunteer yourself to participate in projects.
However, project managers who have sufficient years of experience, it is more worth considerating to get a professional certification like PMP or PRINCE2 Practitioner. Academic qualifications might not be so meaningful at this stage.
Another possibility is to get a Doctorate degree in PM or a PhD if one is really very interested in conducting further research in PM and to contribute theoretical knowledge in PM.
Lastly, it is depending whether the certifications or academic qualifications have any contributions to your career advancement and to the organizations you are working with. Personal interest is another key consideration.
Welcome to share your thoughts.