Master of Business Administration (MBA) in Operations Management is a 2-year Post-Graduate Program. People with a Bachelor’s Degree in any stream with a minimum of 55% marks or equivalent CGPA from a recognized university can apply for this program.
All top Management Institutes in India offer an MBA program in Operations Management. Operations form an integral part in the function of an organization and hence MBA in Operations Management is considered a valuable degree. The average fee for an MBA program in Operations Management ranges from INR 4 to 17 Lacs.
An MBA in Operations Management in India, at entry level, can make you earn anything between INR 3 to 12 Lakh per annum. Top recruiters include Ernst & Young and Amazon India. Though the number of students opting for an MBA in Operations Management is less in comparison to those opting for an MBA in Finance or an MBA in Marketing, the program has its own takers. About 10% of total enrolments in MBA programs are in the fields related to Operations Management.
Top Institutes offering MBA Operation Management are:
- ICFAI Business School, Hyderabad
- Symbiosis Institute of Business Management, Pune
- Institute of Management Studies, Dehradun
- Anna University, Chennai
To apply for the program, a candidate must have a Bachelor’s degree in any stream. However, a bachelor’s degree alone is not sufficient and you need to clear one of the various exams conducted by management institutes. For top-rated institutes like the IIMs, cut off for CAT Exam is 90-99 percentile. For admission through CMAT, a decent score is anywhere between 250-300.
Top Colleges for Master of Business Administration [MBA] (Operations Management)
- Master of Business Administration [MBA] (Operations Management) in Tamil Nadu
- Master of Business Administration [MBA] (Operations Management) in Uttar Pradesh
- Master of Business Administration [MBA] (Operations Management) in Maharashtra
- Master of Business Administration [MBA] (Operations Management) in Rajasthan
- Master of Business Administration [MBA] (Operations Management) in Gujarat
MBA Operations Management: Course Highlights
|Examination Type||Semester System|
|Eligibility||graduation in aviation|
|Admission Process||Based on counselling after clearing Entrance Tests like CAT for different colleges.|
|Course Fee|| INR 4 to 17 Lacs|
|Average Starting Salary||INR 3 to 12 lacs per annum|
|Top Recruiting Companies||Ernst & Young, JP Morgan Chase, Amazon India, Accenture, Adecco, L&T, KPMG, Novartis|
|Job Positions||Operations Manager, General Operations Manager, Area Operations Manager, Plant Manager, Process Managers, Supply Chain Program Manager|
MBA Operations Management: What is it About?
Operations Management is chiefly concerned with the planning, organizing and supervising aspects of production and manufacturing. The roles associated with Operations Management are generally delivery focused. People in such roles have to ensure that an organization turns resources and raw materials into final products efficiently. Operations Management deals with a wide range of decision making tasks such as forecasting, product designing, supply chain processes, inventory, maintenance, and quality management.
What are the skills associated with an MBA in Operations Management?
Since Operations Management is related to planning and execution, it requires a careful blend of creative and analytical skills. An MBA in Operations Management must be adept in organizational ability to carry out a seamless
MBA Operations Management: Top Institutes
There is no dearth of Management Institutes in India but for a promising career, a candidate should opt for institutes which have made a mark in the industry in terms of faculty, courses, infrastructure, and placements. Below is a list of some of the top institutes for MBA in Operations Management:
|Name of Institute||Location||Average Fee (in INR)||User Rating|
|Xavier Labour Research Institute||Jamshedpur||1- 2 Lacs||8.8/10|
|Indian Institute of Management||Bangalore||9-10 Lacs||9.1/10|
|Indian Institute of Management||Calcutta||10-15 Lacs||8.4/10|
|National Institute of Industrial Engineering||Mumbai||2-3 Lacs||8.4/10|
|SP Jain Institute of Management and Research||Mumbai||9-10 Lacs||8.1/10|
|Symbiosis Institute of Operations Management||Nashik||5-6 Lacs||8.5/10|
|Indian School of Business||Hyderabad||6-7 Lacs||8.2/10|
|Indian Institute of Management||Lucknow||5-6 Lacs||7.9/10|
MBA Operations Management: Eligibility
A Bachelor's degree in any discipline obtained through the 10+2+3 system or an equivalent qualification with a minimum aggregate of 50% or equivalent CGPA of any of the Universities incorporated by an act of the central or state legislature in India.
MBA Operations Management: Admission Process
Most Management Institutes conduct National level Entrance tests for selection of students. Some of these tests are CAT, XAT, MAT etc. The application process generally starts after the month of August and goes on till December for most of the Entrance Tests. The admission process can be explained via the following Steps:
- Application Process
- Entrance Test
- GD/P I, Final Admission List
These tests are generally Computer-based except for a few like SNAP which is a paper-based test. After the Entrance Test, every Institute shortlists candidates who then appear for Group Discussion and Personal Interview. Some Institutes like IIM Ahmedabad, IIM Bangalore, and IIM Calcutta do not have a group discussion round but conduct grilling sessions of Personal Interview.
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There are certain private institutes which take direct admission in their MBA courses based on the percentile/marks scored in one of the nationally conducted Entrance Tests. Such Institutes, however, are likely to conduct Group Discussion and Personal Interview for shortlisted candidates. Certain Institutes also take direct admission on seats which fall under management quota.
MBA Operations Management: Distance Mode of Education
Many Universities and Management Institutes in India also offer MBA in Operations Management in the correspondence mode of education. Some of these institutes are listed below:
- Welingker Institute of Management Development
- Alliance School of Business, Alliance University
- Venkateshwara Open University
- Indira Gandhi National Open University
Early Entry Option
Some institutes like Indian School of Business (ISB)also have Early Entry option for eligible candidates. Candidates who have a Bachelors degree, a valid GMAT score and less than 24 months of work experience are eligible to apply for early entry option. Such candidates will get a deferred admission and can join the institute once they complete a minimum of 24 months of full-time work experience.
The selection for MBA program in Operations Management in any of the premier institutes depends heavily on the performance of a candidate in the Entrance Test and subsequent rounds of Group Discussion and Personal Interview. While preparing the final list, a candidate’s academic performance and work experience are also given some weightage. Below is an estimate of the average weightage given to each criterion while preparing the final list of candidates selected for admission.
MBA Operations Management: Syllabus and Course Description
The Course Structure for MBA in Operations Management is similar to other MBA programs. In the first year of the program, candidates study some core subjects which pertain to skills related to all aspects of Business Administration. In the second year, students have to select electives specific to the Operations Management program.
After the completion of the first year, students also have to undergo industry training or summer training of 6-8 weeks duration which is designed to enhance the practical knowledge of the student. At the end of the training period, a student needs to submit an evaluation report. Submission of the report is compulsory for obtaining the degree from the respective institute. The Course Structure is well explained in the below Steps:
- I year /Core Courses
- Summer Training / Evaluation Report
- II Year / Electives
MBA Operations Management: Syllabus
Course Delivery Methods for MBA program in Operations Management includes Lectures, Discussions, Presentations – Group and Solo, Quizzes, Assignments, Paper Submissions, Student Projects, and Industry Visits.
Like all MBA programs, an MBA in Operations Management requires a student to take certain compulsory courses in the first year and move on to specialized electives in the second year. The core courses remain similar to other MBA programs, the electives are different. Electives for MBA in Operations Management are listed below:
|Units||Topics Covered||General Description|
|Production Management||Integrated Production Management, System Productivity, Capital Productivity, Labor Productivity, Capacity Planning, Location Planning, Job Evaluation, Value Analysis||This course is about the basic aspects of Production Management like planning, organizing and controlling.|
|Operations Management||Operations Management and Strategy, Tools for Implementation of Operations, Industry Best Practices, Aggregate Planning||This course discusses the basic concepts related to the Operational aspects of Production Management.|
|Operations Strategy||Operations Strategy, Competitive Capabilities and Core Competencies, Developing Operations Strategy, Competitive Priorities, Manufacturing Strategies, Service Strategies||This course helps to learn the tools that aid in devising the methods of goods production.|
|Production Planning and Control||Applications of Production Planning Techniques, Operations Research Applied to Production Planning, Optimised Production Technology, Computer Aided Process Planning, Simulation Techniques, Computer Integrated Manufacturing, PPC in Supply Chain Management||This course teaches students the advanced techniques for managing operations.|
|Demand and Business Forecasting||Strategic Importance of Forecasting, Methods of Forecasting, Qualitative Methods of Forecasting, Associative Models of Forecasting, Accuracy of Forecasting, Estimation of Demand||This course is about the factors affecting Forecasting and teaches qualitative and quantitative forecasting techniques.|
|Inventory Control||Introduction to Scientific Inventory Management, Static and Dynamic Inventory Control Methods, Simulated Inventory System, Multi-Echelon Inventory System, Materials Requirement Planning||This course is about Practical aspects and latest developments in the field of Inventory control and management.|
|Total Quality Management||Meaning and Dimensions of Quality, Quality Control Techniques, Quality based Strategy, Total Quality Management, Total Productive Maintenance, Cost of Quality, Tools of Quality Control, Value Stream Mapping, Statistical Quality Control||This course aims at introducing the concept of Total Quality Management and how and why it is so important in the present context.|
|Business Process Modelling||Importance of Business Process Modelling, Business Process, Physical Database Modelling||This course focuses on BPM methodologies which aim at improving organizational efficiency and quality.|
|Project Management||Project Management Principles, Project planning, Project process Flow, Project Feasibility Studies, Human Aspects in Project Management, Application of Project Management Software, Contract Management, Project Cost Control, Risk Analysis in Project Management, Project Audit and Project Termination||It is an application-oriented course which is designed to provide skills related to starting, management and termination of a project.|
|Logistics & Supply Chain Management||Domain Applications, Supply Chain Management, Bullwhip effect in SCM, Collaborative Supply Chain, Inventory Management in Supply Chain, Financial Supply Chain, Supply Chain Drivers and Obstacles, Organization of the Supply Chain||This module deals with the problems and challenges faced in the field of logistics and Supply Chain Management. It teaches the technical and managerial elements related for the smooth functioning of the field.|
|Operations Scheduling||Purpose of Operation Scheduling, Scheduling Strategies, Scheduling Methodologies, Scheduling in Services||This course introduces the importance of scheduling in production or manufacturing process.|
|Operations Research||Linear Programming Problems, Integer and Goal Programming Problems, Dynamic Programming Problems||This course focuses on the quantitative aspect of problem-solving and introduces mathematical used for problem-solving.|
|Quantitative Techniques||Theory of Probability, Discrete and Continuous Distribution, Decision Theory, Sampling and Estimation, Parametric Inference, Regression Analysis and Tests of Correlation Coefficients||This course provides knowledge about basic toolkit necessary for decision making.|
|Enterprise Resource Planning||Introduction to ERP systems, Use of SAP 3, Modelling business processes using the tools of ERP software, Configuring an ERP system, Extending ERP system to Suppliers and Customers||ERP is considered the backbone of business organizations today. This course helps to understand the functionality of ERP and teaches the use of tools required to understand and tailor ERP system.|
MBA Operations Management: Career Prospects
Operations Management is one of the lesser popular branches of MBA making it one of the less selected branches of MBA. Lack of information and the hype associated with Marketing, Finance or HRM has kept student veering away from Operations Management. However, in recent years individuals and organizations alike have realized the value of effective planning and efficient management. The fallout Apple had in China recently has only highlighted how important it is to have an efficient Operations Management system within an organization.
MBA in Operations Management opens door to job opportunities in various sectors like:
- Consulting Firms
- Financial Institutions
- Information Technology
- Manufacturing & Retail
- Warehousing etc.
Some of the responsibilities associated with an MBA in Operations Management are:
Apart from these some of the roles associated with Operations Management are:
- Operations Manager
- General Operations Manager
- Area Operations Manager
- Plant Manager
- Process Managers
- Supply Chain Program Manager
MBA Operations Management: Top Recruiters
Organizations, over time, have realized the benefit of having an expert Operations Manager on board. Some of the top recruiters for MBA in Operations Management are:
- Ernst & Young
- JP Morgan Chase
- Amazon India
MBA Operations Management: Salary Trends
There are multiple job roles associated with MBA in Operations Management and the salary trend varies according to these roles and responsibilities associated. Below is a graph charting the minimum, median and maximum salaries for various roles.