Komal
25 February, 2025
Table of Contents
The global operations management market is projected to grow at a CAGR of 10.2% from 2023 to 2030 (MarketsandMarkets 2024). This projection is due to advancements in AI, supply chain automation, and sustainability. There is strong demand for an MBA in operations management because of the rise in global supply chains, e-commerce, and sustainability. This programme would give you many opportunities in various sectors of India. You can expect a competitive salary after completing the course.
Operations are an important element of a business. They focus on handling and strategizing the introduction of new products or services. The operations management team forms a company’s core. It oversees its daily operations to ensure the production of high-quality and punctual products or services. Therefore, a business graduate with an MBA in Operations Management is tasked with managing the staff, procedures, technology, and materials used in the creation of products and services, making sure they are both productive and resourceful.
Read the blog to learn more about this specialisation, including its eligibility criteria, course structure, list of colleges, and career prospects.
Also Read: Online MBA Courses: A Comprehensive Guide
A Master of Business Administration (MBA) in operations management is a two-year post-graduation business administration programme. This is one of the MBA specialisations that focuses on logistics and operations. This programme includes the standard MBA core subjects such as management, leadership, economics, finance, and accounting. It may offer you a deep knowledge of project management, supply chain management, business prediction, data analysis, quality assurance, and planning for production.
Course Name | Full Time MBA in Operations Management |
Duration | 2 Years |
Eligibility | Graduation From Recognised College |
Admission Process |
• Entrance Exams • Direct Admission |
Average Course Fees | INR 50,000 – INR 10 LPA |
Top Colleges |
• UPES • Parul University • IIM Mumbai • Somaiya University |
Career Opportunities |
• Operations Manager • Supply Chain Manager • Plant Manager • Quality Manager |
Salary Range | INR 8 LPA – 30 LPA |
Top Recruiters | IBM, Accenture, Google, PwC |
According to Anil Somani, Chairman of FOSTIIMA Business School, Delhi, 📚:
“If you build a career in management, it would unlock endless career opportunities. Management isn’t just about climbing the corporate ladder 📈; it’s about driving meaningful change through data-driven strategies 📉📊.
It empowers individuals by:
Pursuing an MBA in Operations Management may lead you to various career prospects across several industries. You may effectively manage and optimise the production and delivery processes inside a company with the abilities this specialisation gives you. You may knowledge on how to increase productivity, lower expenses, and enhance quality, which would make you a priceless asset to any company. You may explore careers as an operations manager, supply chain manager, logistics manager, and production planner. Businesses in a variety of industries, including technology, manufacturing, retail, and healthcare, are looking for experts who can boost strategic growth and operational efficiency.
The employment of managers of operations is expected to grow by 3% between 2020 and 2030, which is around the same rate as the national average for all occupations. (Bureau of Labor Statistics 2023)
You should consider the following points when choosing this MBA specialisation.
You can choose an MBA in operations management if you like process optimisation and do well in dynamic contexts. You need to be interested in increasing productivity and resolving challenging logistical issues. It is essential to possess strong analytical abilities and a rigorous mindset. This MBA would be very helpful if you want to work in supply chain, manufacturing, or logistics as a leader. Individuals with an engineering or industrial management background may find this specialisation very beneficial. Finally, this programme is perfect for you if you’re dedicated to promoting creative and sustainable business operations techniques.
The course includes 4 semesters. You can check the list of subjects involved in the course structure. These are general subjects, and the electives may also vary from college to college.
Semester 1 | Semester 2 |
---|---|
Principles of Economics and Markets | Entrepreneurship |
Managerial Effectiveness and Ethics | Marketing Management and Research |
Accounting and Finance | Enterprise Resource Planning |
Organisational Behaviour and Human Resources Management | Business Intelligence and Applications |
Quantitative Techniques and Analytics | Service Operations Management |
Semester 3 | Semester 4 |
---|---|
Business Environment and Strategy | Data Mining and Visualization |
Operations Management | E-Business Technologies |
Information Technologies in SCM | Strategic Sourcing and Inventory Management |
Total Quality Management | Strategic Operations Management |
Lean and Six Sigma | Cross-Functional Elective Course |
Open Elective Course | Master Thesis / Project * |
The list of colleges that offer full-time MBAs in operations management are listed below along with their fee structure.
Name of Institution | Fee Structure |
---|---|
UPES | INR 1,666,320/full course fee * |
Parul University | INR 81,550/annually |
IIM Mumbai | INR 21,00,000* |
Somaiya University | Not disclosed |
*-These are based on information available on various sources. Latest fees may differ.
The list of colleges that offer online MBAs in operations management is listed below along with their fee structure.
Name of Institution | Fee Structure |
---|---|
LPU Online (UGC-DEB, NAAC A++) | INR 1,80,000 (Lump Sum Fee) |
Dr. D. Y Patil Vidyapeeth Online (UGC, NAAC A++) | INR 1,89,400 |
Amity Online (UGC, NAAC A+) | INR 1,99,000 |
UPES Online (UGC, NAAC A) | INR 1,75,000 |
IIM Lucknow (Executive Programme) (Live Online) | INR 2,07,000 |
We have listed the top 10 job opportunities after an MBA in operation management specialisation. You can see the job role and description below.
You may supervise the process, guarantee effectiveness, and uphold quality standards. Creating production schedules, allocating resources, and achieving output goals are all part of your job.
You can oversee the procurement process, bargain with suppliers, and guarantee that products are available on schedule.
You have to supervise day-to-day activities, optimise workflows, and boost output. Among your duties are personnel management, financial management, and maintaining operational efficiency.
From procurement to delivery, you would oversee the whole supply chain. Managing inventories, arranging logistics, and enhancing supply chain efficiency are all part of your job.
As a plant manager, you are in charge of every aspect of a manufacturing facility.
Implementing quality control procedures, carrying out audits, and responding to client complaints are among your duties.
Checking stock movements, controlling inventory levels, and guarding against shortages and overstock.
You may be in charge of logistics, supervise product distribution to clients, and guarantee prompt delivery.
You have to make reports, analyse costs, and reach out to assist with production scheduling.
As an industrial engineer, you can create effective systems that include people, equipment, supplies, and data.
Source: Indeed
The salary range for MBA professionals in operation management specialisation is listed below.
Job Role | Salary Range in INR |
---|---|
Production Manager | 8.5 LPA – 23 LPA |
Purchasing Manager | 7 LPA – 24.6 LPA |
Operations Manager | 9 LPA – 22.6 LPA |
Supply Chain Manager | 12 LPA – 26.7 LPA |
Plant Manager | 9 LPA – 20 LPA |
Quality Manager | 7 LPA – 22 LPA |
Inventory Manager | 8 LPA – 24.6 LPA |
Distribution Manager | 10 LPA – 29 LPA |
Production Analyst | 7 LPA – 24.6 LPA |
Industrial Engineer | 6 LPA – 21 LPA |
If you have completed an MBA in operations management you may have an advantage over those without one when applying for jobs in the field. MBA in this specialisation may give you marketable abilities in invention, problem-solving, and production. The scope for this specialisation is bright. You can even make your career outside India. After completing the MBA degree you are eligible to apply to senior-level roles in various sectors. You get salary hikes and other competitive monetary advantages. So, start your journey now.
Yes, it is worth doing an MBA in Operations Management. The scope of operation management is vast. You can acquire topmost executive positions in different sectors.
MBA in Operations Management is an advanced degree that teaches students about business processes, workflows, logistics, operations, and product development. Operations management is a popular specialisation among business degrees.
The average salary of an MB in operations management per month is between INR 6 LPA to 30 LPA.
IIM Mumbai offers an MBA in operation management specialisation. IIM is one of the prestigious management colleges in India that provides MBA in Operations Management.
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