Jim Hytner, from the Barclays Awards Panel, said: "Reading continue to impress in their debut season in the Barclays Premiership.
"Coppell's second award in three months shows he and his club really are at the top of their game."
Coppell has admitted he was surprised to land November's award.
"I'm pleased to win the award because it means the team are doing well, although I must admit I was surprised to win it because we lost our first game of the month," he said.
"But that's my second award this season and I suppose I'd settle for winning it every other month!"
Coppell won the September award as well.