MBA in Operations Management
An MBA in operations management is one of the most popular specializations offered by most business institutions. To satisfy customer demand pursuing an MBA in operations management provides a global perspective on industry trends. As technology has advanced, agile innovation has helped to resolve the long-standing issue of combining innovation and operations. For example Amazon has mastered the quick delivery of goods at a set time that all businesses must adhere to.
A minimum cumulative score of 50% or higher or an equivalent CGPA from an accredited university is a prerequisite for admission to this program. Students must pass MBA entrance exams like the CAT SNAP XAT and GMAT to be admitted to the course. Most of the universities in India will accept these entrance exam scores to qualify students for admission. However, some of the colleges conduct their entrance exams to qualify students. After submitting entrance exam scores students must appear for group discussion and personal interview rounds to qualify for admission.
Deloitte, Accenture, IBM, Google, TCS, KPMG, and many other deemed firms are the top employers for MBA in Operations Management positions. The companies offer an income ranging from 6.00 LPA to 26 LPA. the job profiles include supply chain manager, operations manager, production manager and logistics manager.
Highlights
Here are some of the important information related to the management degree in Operations Management. Students aspiring to have a degree in Operations Management can refer to the information given below:
What is an MBA in Operations Management
MBA in Operation Management involves various aspects of operations, including supply chain management process optimization quality assurance inventory control and strategic planning. It offers analytical tools and conceptual frameworks for making the best choices possible when planning and overseeing operational procedures. The two-year MBA program in operations management is intended for individuals who want to work in manufacturing production supply chain, planning and maintenance. Candidates will become versatile professionals capable of working in the numerous operations disciplines in any industry after completing the course which will teach a person about everything that falls under the area of operations. In this program students will gain a deep understanding of how to ensure business operations. They will also gain skills to incorporate sustainable and scalable methods while making procedures more efficient reducing costs increasing efficiency and enhancing customer satisfaction. Through a blend of theoretical ideas and real-world applications, graduates are equipped for leadership positions in sectors such as technology, manufacturing, logistics and consulting. To revolutionize operations the program also strongly emphasizes data-driven decision making and contemporary technologies like automation and artificial intelligence.
Eligibility
The admission criteria for the MBA in Economics are discussed below:
Students should have a bachelor's degree or an undergraduate degree in any discipline from a recognized university. A passing percentage of 50% or equivalent CGPA is acceptable.
For students under the reserved category ( OBC/SC/ST) 5% relaxation is offered from the mandatory passing percentage.
Students can apply in their final year after submitting a no objection certificate from the principal.
Score of 60% or more is required for admission to top universities like IIMs and IITs.
Students must have a great score on the entrance exam if they aspire to be admitted to the top colleges.
Admission Process
The steps that the admission process for an MBA in Operations Management includes are as follows:-
Students must fulfill the admission criteria which usually include a bachelor's degree with a minimum passing percentage of at least 50%.
Few of the colleges/ universities have criteria that demand at least one year of relevant experience. Experience is important to understand management studies. The individuals can acquire the skills better for their advancement in the future.
Students need to pass entrance exams like CAT XAT CMAT SNAP GMAT and other private university-based examinations depending on the requirements of different universities. Depending upon the cut-off or the score admissions will be provided in this course.
All invited candidates have to fill up the online or offline admission form and attach all required papers, including their Aadhar card number proof of address proof of residency grade sheets 10 and 12 and graduation grade sheet.
After clearing the entrance exams needed by the respective universities students need to appear for the group discussion round and the personal interview round. These rounds are conducted to assess student’s communication skills and problem-solving abilities.
The final selection in the universities is based on the overall score that will be calculated depending on the entrance exam score GD/PI performance and work experience.
The results of the entrance exam and interview determine who finally gets admitted into the MBA program in public policy. Colleges may have different degrees of importance assigned to the entrance exam and interview results.
The students can go through the documents with the institution before paying the costs and can enroll in the classes further.
Syllabus and Subjects for MBA in Operation Management
MBA in operations management programs are extremely popular as it is focused on incorporating students in charge of monitoring activities for the successful operation of business, to make sure that a business runs every day efficiently. Hence serving as a basis for daily operations within a business entity and helping achieve high-quality products and services to meet deadlines is needed. These skills are most commonly acquired by a human as he upgrades to operations and include processing data resolving conflicts managing people and project management. An MBA in operations management is therefore responsible for ensuring the activities of the business are within the expected profitability. Their services lay the foundation for the everyday running of the business and enable the effective delivery of quality goods and services within the given schedules and budgets. Some of the most common subjects included in this course are Financial Accounting Reporting Services Operations Management -I and many others.
MBA in Operations Management Online
Nowadays many students apply for an online MBA course. It is especially for working men who have no time to attend college and instead can pursue it from home. An online master's degree in operations management has a lot of value on resumes and is widely accepted all over the country. Candidates who enroll in an online MBA program in operations management receive training in skills like data processing abilities, conflict resolution abilities, people management abilities, project management abilities and many more. Candidates must have a bachelor's degree and at least 50% of their total scores with 5% leverage for restricted categories to be eligible to pursue an online MBA program. However part-time or distance MBA in Operation Management do not require students to appear in the entrance exams and are mostly merit-based. Admissions are based on academic qualifications and relative job experience.
Colleges with specializations in PGP/MBA Operation Management
The colleges names mentioned below are the top colleges for an MBA in Operations Management, according to the NIRF Ranking. The table includes government and private colleges. Government colleges include IITs like the Indian Institute of Technology Delhi, New Delhi with a fee of ₹12.00 lakhs and an average package of ₹25.82 lakhs. The private colleges mentioned include SPJIMR- S P Jain Institute of Management & Research, Mumbai which has a fee of ₹22.50 Lakhs and offers an average package of ₹25.68 lakhs per annum. These colleges offer a 2-year PGP/ MBA in Operations Management. It also highlights the fees and average packages of the respective colleges.
Specialised MBA in Operation Management Colleges List
The colleges mentioned below are top private and government colleges, according to NIRF, that provide a specialized 2-year degree in MBA in Operations Management where the curriculum primarily focuses on studies related to Operations like production scheduling, quality management and inventory control. IIM Mumbai-Indian Institute of Management, Mumbai is one of the the leading colleges in India for an MBA in Operations Management. It has a program fee of ₹14.0 Lakhs. The companies that offer placements are Amazon, IBM, Wipro and L&T App Zen.
List of colleges in Operation Management- Other programs
The table mentions colleges that provide programs in Operations Management other than MBA and specialised MBA. The courses mentioned are Integrated programs, Dual country programs executive PhD, PhD and fellow programs in management. It shows the best private and public colleges providing these courses, according to the NIRF. Their fees and the duration of the program are also present in the table. It includes public institutes like IITs and IIMs. The program duration ranges from 1 year to 5-6 years.
Career Opportunities after an MBA in Operation Management
MBA in Operations Management provides a good placement opportunity for students in India and all over the world. After marketing the second most recruiting specialization was operation management. Among the top industries where graduates can find work are supply chain management, logistics and distribution, operations planning, service operations management and consulting. Among the leading employers of recent graduates with an MBA in Operations Management are Boeing, Amazon IBM Accenture Ford Motors and ICICI Lombard. They can work as inventory control managers supply chain managers logistics managers and more.
Future Scope
Given the growing complexity and globalization of corporate environments, the future scope for an MBA in Operations Management is bright. The need for experts in operations optimization is predicted to increase as long as businesses continue to place a high priority on customer happiness cost reduction and efficiency. Graduates with an MBA in operations management will be able to manage supply chains, apply lean management techniques and enhance overall operational performance in a variety of industries including manufacturing logistics healthcare retail technology and consulting.
One of the lesser-chosen MBA specializations is operations management which is one of the more understudied ones. Students have ignored operations management simply due to a lack of knowledge and the hope built around marketing finance and human resource management. The decline of many companies has highlighted the importance of the emergent need for a good operation management system in any organization.
MBA graduates with a solid foundation in strategic decision-making and leadership will also be well-positioned for top-tier management roles, including operations director, supply chain manager logistics executive and chief operations officer. Overall the future for MBA graduates in Operations Management looks bright, offering dynamic career prospects in a rapidly evolving business landscape.
Professionals with an MBA in Operations Management will be required to use the current technology to carry out the processes, forecast demand and create innovative solutions to operational challenges. This technology includes artificial intelligence, automation and data analytics. Furthermore the increasing emphasis on sustainability and environmental responsibility will create opportunities for those skilled in operational management.
MBA in Operations Management opens the door to job opportunities in various sectors:
Construction
Consulting Firms
Financial Institutions
Hospitality
Information Technology
Manufacturing & Retail
Inventory
E-Commerce
Warehousing etc.
Conclusion
This program trains the students on how to deliver value and drive efficiency in a complex global economy. It empowers the graduates to design and manage supply chains. It teaches the student how to build a production system that meets market demands with organizational goals. The curriculum of this program in leading colleges incorporates the technology such as artificial intelligence and predictive tools leading to digital transformation.
This program is not just about streamlining a process but defining competitive advantage. In India, the markets are growing rapidly, and market leaders must be efficient with a thorough knowledge of their field. Hence, this degree positions the candidate to lead organisations towards future-ready operations, which creates a lasting value for the business. With an increase in the industries that heavily rely on production and delivery, the demand for an operations graduate will only grow in future.
FAQ for MBA in Operations Management
Most of the business schools use CAT as a criterion for admission. Other entrance exams are also conducted by reputed universities like MAT XAT XMAT. It is worth mentioning that very few universities conduct their entrance exam for selection.
The topics include- Inventory, Quality, Design, Supply chain Costing Layout capacity Maintenance Project Management.
Some of the job profiles after pursuing an MBA in Operations are: Operations Analyst Production Manager Project Manager Logistic Manager Operations Analyst Production Manager Purchasing Manager
Some of the different kinds of MBA specialisations available are 1. Finance Master's degree 2. Marketing Master of Business Administration 3. Human Resources MBA 4. Operations MBA 5. Entrepreneurship with an MBA