MBA (Operation Management)

What is MBA in Operations Management?

One of the most common specializations among most business schools is an MBA in operations management. Pursuing an MBA in operations management offers a global perspective on industry trends to meet client demand. Also, with a boom in technology, agile innovation has led to solving the age-old problem of integrating operations and innovation. For instance, Amazon mastering the rapid delivery of the products at a standard time that all companies need to meet.

Some of the best business schools understand this change and offer specialization in operations or any other related field such as logistics.  A Master of Business Administration in operations management is generally for 2-year.

The primary function of operations is to deliver reliable, predictable services and products. This means you are trying to minimize the variations in what you are producing so that the customers know they can rely on the consistency of your product. Here is where Lean Six Sigma comes to play.

Why Study MBA Operations Management?

There are various reasons for studying operations management, which will help you to build a good career. Check them in the points below.

• Productivity is one of the best things, for which one should pursue a career in operations management. Operations management ensures proper staffing of the employees to the resources so that they can get the maximum result. Operations management is one of the best ways to ensure productivity.
• One of the best benefits to pursue operations management as a career is having a good compensation. The average salary of an operations manager in India is INR 7,63,559, according to the PayScale. It is much higher compared to the average annual salary of MBA Marketing and MBA HR, which are INR 67,95,45, and INR 69,41,74, respectively.
• One of the best advantages of pursuing a career in operations and management, is gaining flexibility between jobs and sectors. This means, a degree in MBA in operations and management, will make you learn everything and the entire process of sourcing your raw materials and the process of manufacturing and providing that product to the various customers.
• Apart from providing multiple opportunities, operations management is also a secured job and with no dearth of opportunities. Every organization needs a particular individual who will be able to streamline their activities eventually resulting in maximum profit.
• Having a respected job in renowned companies is the desire of many individuals. MBA in operations management, enables you to work in some of the renowned companies like Amazon, Deloitte, Apple, and various other multinational companies.

MBA Operations Management Scope:

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 students 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:

• Construction
• Consulting Firms
• Financial Institutions
• Hospitality
• Information Technology
• Manufacturing & Retail
• Inventory
• E-Commerce

·         Warehousing etc.

Syllabus Of the Course:

MBA Operations Management: Eligibility

MBA Eligibility criteria might vary from college to college, but the overall gist is the same.

• You need to have completed your graduation or must be in the final year of graduation to be eligible for MBA operations management course.
• Your graduation score should be at least 50%. Premier institutes like IIMs and IITs ask for a minimum of 60% marks.
• Students of reserved categories like OBC, SC, and ST get 5% relaxation in the percentage asked.