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Top MBA Colleges for Operations Management in India: Fees, Ranking and Placement

IIM Mumbai, XLRI Jamshedpur, IIM Bangalore, IIM Calcutta and SPJIMR Mumbai are top colleges in India for operations management. IIM Lucknow, ISB Hyderabad, SJMSOM IIT Bombay, DMS IIT Delhi and JBIMS Mumbai complete the list.

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What is Operation Management?

Operations management refers to achieving the highest level of efficiency in organisational processes. It teaches converting materials, labour and technology into goods and services to maximise profits. 

It involves controlling, designing and continuously redesigning business operations related to the production of goods and services. Managing logistics, supply chains, inventory control, and quality assurance are the key responsibilities of an operations manager. 

For a manufacturer, operations management teaches scheduling production runs and maintaining equipment. However, a service provider must focus on staffing levels and customer flow to ensure smooth and efficient operations.

Best MBA Colleges in Operations Management in India

MBA in Operation Management

An MBA in Operations Management teaches students to optimise production, streamline distribution and use data-driven decision-making in business processes. The curriculum focuses on improving efficiency and productivity by building expertise in process analysis, lean methodologies and strategic planning. 

This specialisation trains graduates to lead teams and enhance operational performance. Hereafter, they can become supply chain analysts, logistics directors, plant managers or operations managers. It effectively bridges strategy and execution by ensuring that products reach the customer seamlessly. 

An MBA in Operations Management is most suited for analytical and detail-oriented professionals who seek impactful and leadership roles to improve business outcomes.

h2-Entrance Exams for the best MBA in Operations Management Colleges in India 

The top entrance exams for MBA operations are CAT, XAT, GMAT and NMAT. All government colleges such as IIMs, IITs and JBIMS accept the CAT score. JBIMS also accepts the scores of MH CET and CMAT. XLRI and GLIM accept the XAT scores, conducted by XLRI. ISB and GLIM Chennai accept the scores of GMAT also.

Top Colleges' Placement: MBA Operations Management

There are excellent placements, along with a nice average salary is offered to operations management graduates. The average salary varies by college. IIM M, IIM B, IIM L, IIM C, ISB, XLRI and SPJIMR passouts are getting the best of salaries in the range of INR 30 LPA. Other college students are offered slightly lower salaries. Top recruiters for this business management programs are top companies like Apple, Infosys, Amazon, TCS, Flipcart, GE and many more.

A list of the Top MBA Operations Colleges in India with Ranking, Fees and Average Salary

A list of ten best colleges for operations management is given here. IIM Mumbai offers the MBA degree in Operations and Supply Chain Management, ISB offers the degree in Operations and Supply Chain. All other colleges mentioned below offer the regular MBA, MMS or PGDM degree and operations is taught as a specialisation in the final year.

College Name

NIRF Ranking

IIRF 25 Ranking

Program fess in INR

Average Salary in INR, LPA

Indian Institute of Management Mumbai (IIM Mumbai)

6

G9

21

33.84

Xavier School of Management (XLRI Jamshedpur)

10

P2

30.6

31.08

Indian Institute of Management Bangalore (IIM Bangalore)

2

G3

28.1

34.88

Indian Institute of Management Calcutta (IIM Calcutta)

7

G3

27

35.07

SP Jain Institute of Management and Research (SPJIMR) Mumbai

20

P1

26.5

33

JBIMS Mumbai

-

G9

7

26.15

Indian Institute of Management Lucknow (IIM Lucknow)

5

G4

20.75

32.03

Indian School of Business Hyderabad

-

-

14

22

SJMSOM, IIT Bombay

14

G10

15.25

28.01

DMS, IIT Delhi

4

G16

12

25.82

'G' stands for 'government' and 'P' stands for 'private', as the IIRF holds a separate ranking for government and private colleges. 

Other Top Institutes in MBA operations

  1. Narsee Monjee Institute of Management Studies (NMIMS), Mumbai

  2. VGSOM, Indian Institute of Technology (IIT) Kharagpur

  3. Indian Institute of Technology (IIT) Kharagpur

  4. Department of Management Studies, Indian Institute of Technology (IIT) Kharagpur

  5. Department of Management Studies, Indian Institute of Technology (IIT) Madras

  6. Great Lakes Institute of Management (GLIM) Chennai

FAQs

IIM Mumbai, XLRI Jamshedpur, IIM Bangalore and IIM Calcutta are considered the best MBA colleges in India for the operations management course.

IIM Mumbai, IIM Calcutta, IIM Bangalore, IIM Lucknow, DMS IIT Delhi, SJMSOM IIT Mumbai and JBIMS Mumbai are the best government MBA colleges in operations.

IIM Mumbai and ISB Hyderabad administer a specialised MBA programmes in operations management.

Yes, an MBA program from IITs, such as IIT Kharagpur, IIT Bombay and IIT New Delhi is prestigious and guarantees good placements.