No kidding. I guess I'll cancel my plan to get a certificate in project management...
Nah, just get your PMP instead. You can stick coders in some third world cesspool, outsource your systems administrators to Outer Mongolia if the money is right, do away with business analysts entirely, but when it comes to communicating with the client they still have a preference for clear, concise, understandable English. Project management seems to be an area that they have some problems shifting overseas because of the customer contact and for the time being at least a PMP is still the standard they measure PMs by. Admittedly it doesn't prove anything other than you could pass a test, but companies seem to like it.
Signed,
Non-Sequitur, MBA, PMP