#Updated 31st May 2024 | #5:34 pm | #MBAinOperations
The increase in students’ interest in management led to increased demand for the MBA specialization in Operations Management. It is a challenging field that equips graduates with the skills and knowledge to manage an organization's day-to-day work. This specialization covers key topics, including process optimization, efficient production and delivery of goods or services, and minimizing costs with maximum quality.
To get into MBA operations program, the candidate must have a bachelor’s degree with a minimum of 50% of the subjects and required entrance scores, including CAT, GMAT, and MAT. The fee structure for this course in India ranges between INR 2 lakhs to 10 lakhs per factor, such as the MBA college, the experience level or the admission criteria. The average pay that students can get ranges from 8 to 9 lakhs per annum, along with experience and adequate skill level and the required standards of the employer, the pay scale may improve.
MBA in Operations is a 2-year postgraduate program focusing on planning, implementing, and managing operational processes for any organization. The curriculum in operations management focuses on how companies can cost-effectively create compelling products or services.
Operations is an academic subject that focuses on establishing effective processes, both on the production and distribution side of a business, and experts say this subject is essential for MBA students to master. Therefore, MBA candidate with an analytical mindset may want to consider an MBA program with a strong production or operations management curriculum.
Operations is an engaging field, opening numerous opportunities for aspirants in various fields. Get to know more about the specialization in operations management to have a clear picture in case you want to pursue it as a career option.
The table below provides the highlights of the program for a clear understanding of the subject.
|
Program Highlight |
Details |
|
Course Level |
Post Graduate |
|
Specialization |
Operations Management |
|
Degree Awarded |
Master of Business Administration (MBA) |
|
Duration |
Typically 2 years full-time, Some executive programs are 1 year |
|
Top Colleges in India |
IIM Ahmedabad, IIM Bangalore, SP Jain Institute of Management & Research, XLRI Jamshedpur, FMS Delhi |
|
Fees |
INR 3 lakhs to INR 20 lakhs per year (Varies depending on the college) |
|
Recruiters |
Amazon, Apple, Accenture, Deloitte, McKinsey & Company, Unilever, Nestle, Tata Motors, Reliance Industries |
|
Job Profiles |
Operations Manager, Supply Chain Manager, Logistics Manager, Production Manager, Project Manager, Consultant |
|
Important Skills |
Leadership, Problem-solving, Analytical thinking, Communication, Teamwork, Data analysis |
College selection is one of the most difficult choices one has to make, leading to a long-term effect on your profile and other things. A good college can positively impact you in many ways in your entire career journey, but a wrong college selection can be highly fatal. There are numerous government colleges that offer MBAs in operations management to open doors for freshers in the fields of overall operations and management of the organization.
Here are some of the top colleges in India offering MBA programs with a specialization in Operations Management.
|
College Name |
Fees (In Lakh) |
Avg. Salary (LPA) |
|
ISB |
34.63 |
20.00 |
|
XLRI Jamshedpur |
23.00 |
21.00 |
|
IIM Bangalore |
21.00 |
24.54 |
|
IIM Calcutta |
21.00 |
25.40 |
|
NMIMS |
18.50 |
23.00 |
|
IIPM |
16.25 |
2-3 |
|
SPJIMR |
16.00 |
22.24 |
|
GLIM |
15.86 |
13.10 |
|
IIM Mumbai |
14.83 |
19.97 |
|
SJMSOM, IIT B |
9.11 |
20.80 |
|
IIM Lucknow |
14.00 |
15.00 |
|
SIBM, Hyderabad |
12.20 |
6.47 |
|
FORE |
11.00 |
18.00 |
|
VGSoM, IIT Kharagpur |
10.51 |
17.40 |
|
DMS IIT Delhi |
8.80 |
16.50 |
|
DMA IIT Madras |
8.00 |
13.50 |
|
SIOM, Nasik |
8.00 |
10.80 |
Admission to top B-schools is not a cakewalk; it involves a hefty and rigorous process, starting from an entrance test to assess the aptitude abilities of the candidate, which are required for top B-schools in India.
Here are the names of the entrance exams in India for MBA in Operations Management:
The syllabus curriculum for operations includes, corporate finance, managerial economics, strategic management, project management, and business analytics, equipping students with essential skills for efficient operations.
Here is the semester-wise syllabus of the MBA in Operations Management program:
|
Semester |
Subjects |
|
1 |
Financial Accounting, Managerial Economics, Organizational Behavior, Quantitative Techniques for Management, Marketing Management, Information Technology for Management |
|
2 |
Corporate Finance, Operations Management, Human Resource Management, Business Research Methods, Management Information Systems, Legal Aspects of Business |
|
3 |
Strategic Management, Project Management, Business Analytics, Elective 1, Elective 2, Elective 3 |
|
4 |
Elective 4, Elective 5, Elective 6, Elective 7, Elective 8, Elective 9 |
After completing MBA in Operations Management, students usually find placements in job domains that focus more on the delivery side of a business. A good role comes with its own set of responsibilities and expectations, which may look exciting from the outside. However, before selecting your field, you should have a thorough understanding of your roles and responsibilities.
The following table lists some of the job profiles that MBA graduates in Operations Management can pursue:
|
Job Profile |
Description |
Avg. Salary (INR LPA) |
|
Operations Manager |
This role oversees day-to-day operations, plans production, manages inventory, and implements quality control. |
6-10 |
|
Supply Chain Manager |
This role demands planning and managing the flow of goods and services, negotiating with suppliers, and optimising inventory. |
8-14 |
|
Production Manager |
In this role, the product manager will supervise manufacturing, schedule production activities, manage staff and equipment, and monitor quality and costs. |
7-11 |
|
Business Analyst |
This role involves analysing data, identifying problems, developing solutions, and communicating findings to stakeholders. |
5-8 |
|
Quality Assurance Manager |
If you opt for this role, you may have to develop and implement quality control programs, inspect products, and identify and resolve quality issues. |
10 18 |
|
Procurement Manager |
This role demands sourcing and negotiating with suppliers, managing purchasing contracts, and ensuring timely materials delivery. |
10-15 |
|
Logistics Manager |
Plans and manages the transportation and storage of goods and optimizes logistics processes. |
5-10 |
|
Project Manager |
In this role, you might have to work on planning, executing, and controlling projects within budget and timeframe, manage resources, and communicate with stakeholders. |
12-17 |
|
Operations Consultant |
This role provides consulting services to companies to improve their operations, identifies areas for improvement, and recommends solutions. |
8-10 |
Securing a position in a top-level MNC is like a dream come true, but it requires hard work, complete dedication, and the required skillset and experience. Getting into one isn't the hard part; maintaining your position can be more challenging.
Here are some of the top companies that recruit MBA graduates with a specialization in operations management:
|
Airtel |
Amazon |
Accenture |
|
BCG |
Bain & Company |
Apple |
|
Samsung |
Flipkart |
Microsft |
|
P&G |
JP Morgan |
Wipro |
Examples of companies recognized for strong operations management:
Yes, an MBA in Operations Management is a promising career choice, offering opportunities to streamline business processes, enhance efficiency, and contribute to organizational success in various industries.
An MBA in Operations Management focuses on optimizing processes, managing resources, and improving efficiency within organizations. Graduates often work in supply chain management, logistics, and project management roles.
Industries such as manufacturing, healthcare, technology, retail, and logistics highly value professionals with expertise in Operations Management for streamlining their processes.
The duration of an MBA in Operations typically ranges from one to two years, depending on the program format (full-time, part-time, or online) and the institution's curriculum structure.