Saurav Anand
Table of Contents
MBA Operation Management – Full-time MBA Operations Management offers students the most comprehensive and in-depth education possible over the period of two years, leading to a professional degree. Find out more about the MBA in operations management scope and also learn about the Best MBA colleges for Operations Management in India.
What is an MBA Full Form? MBA is a two-year master’s degree program in management. MBA programs are offered in a variety of specialties, including MBA Human Resources, MBA Finance, and MBA Marketing. When the institution is AICTE-certified, PGDM is comparable to MBA. IIMs in India provide PGPM, which is comparable to MBA.
MBA programs are classified into three types: distance MBA, online MBA, and executive MBA. PGPX stands for Executive MBA, while EPGP stands for Executive Management Program. PGPX and EPGP are for students who have worked in the sector for more than 5 years.
People also ask
Q. What exactly is operations management in an MBA?
Ans. Operations management is involved with the planning, organization, and supervision of product and service design, development, and delivery. It offers conceptual frameworks and analytical tools to optimize important choices in operational process design and management.
Q. Is an MBA in operations management beneficial?
Ans. An MBA in Operations Management is a solid career choice since it increases your employability. The truth is that aspirants may join any manufacturing firm and may be properly qualified to handle practically all aspects of the production and manufacturing departments.
Q. Which MBA program is the best for operations management?
Ans. For MBA students interested in a career in operations management, MIT Sloan School of Management remains the greatest business school in the world.
Q. Is MBA operations a worthwhile investment for the future?
Ans. In contrast to finance or marketing, which are both important, operations management allows you to be directly engaged in the delivery of the completed product to the consumer. Jobs in operations management are plentiful after an MBA.
What is operations management in MBA?
Operations Management is concerned with planning, organizing, and supervising the design, development, and delivery of products and services. It provides conceptual frameworks and analytical tools to optimize key decisions in designing and managing operational processes.
The MBA Operations management admissions procedure is comparable to those of other MBA concentrations. Students must pass MBA admission examinations such as the CAT, MAT, and GMAT, and they will be assigned to universities based on their performance.
Working professionals with 2-5 years of experience may pursue an executive MBA in operations management from IIMs to improve their abilities and advance their professional careers. Examine MBA Specialization
The top MBA Operations Management Jobs after graduating MBA Operations Management includes Operations Executive, Area Operations Manager, and Operational Research Analyst, with an annual income of INR 7.12 lakhs.
Master of Business Administration in Operations Management
- Duration: 2 Years
- Level: Post Graduation
- Type: Degree
- Eligibility: Graduation and Equivalent
| Admission Process | Entrance Exam, Direct Admission |
| Entrance Exams | CAT, MAT, SNAP, XAT, GMAT, etc |
| MBA Operations Management Course Fees | INR 4,00,000 – INR 9,00,000 |
| MBA Operations Management Top Colleges | IIT Madras, IIT Roorkee, IIT Kharagpur, etc |
| MBA Operations Management Salary | 5 LPA to 30 LPA |
A Post-Graduate Operations Management course is the MBA in Operations Management or Master of Business Administration in Operations Management. Operations management refers to the business sector in charge of planning, managing, and monitoring numerous processes. This includes all aspects of producing and delivering a product or service, from selecting suppliers and/or raw materials through supply chain management and distribution.
The Master of Business Administration degree program in Operations Management covers topics such as supply chain management, project management, technology management, modeling dynamic systems, and quality management. The students are ready to confront the obstacles that their firm may encounter in terms of strategy, development, and execution. You will have various work opportunities after finishing the Master of Business Administration in Operations Management degree.
MBA Operations Management Eligibility
- Candidates must have a Bachelor’s degree in any relevant field or an equivalent certification from a recognized university.
- Candidates must have a minimum of 55% aggregate marks or equivalent in their Bachelor’s degree.
- Some of the most prestigious institutions have entrance exams for admittance.
Why Study MBA in Operations Management?
There are several reasons to study operations management, all of which can help you develop a successful career. Check them out in the list below.
- Productivity is one of the finest reasons to seek a career in operations management. Operations management ensures that personnel is properly matched to resources in order to get the best possible results. One of the most effective methods to guarantee productivity is via operations management.
- One of the strongest reasons to seek a career in operations management is the high pay. According to the payscale, the average compensation of an operations manager in India is INR 7,63,559 per year. It is much more than the average yearly pay for an MBA in Marketing and an MBA in HR, which are INR 67,95,45 and INR 69,41,74, respectively.
- One of the most significant benefits of pursuing a career in operations and management is the ability to move across occupations and industries. This implies that an MBA in operations and management will need you to study everything and the complete process of acquiring raw materials, producing, and supplying that final product to diverse clients.
- Apart from having several chances, operations management is also a secure employment with enough of them. Every company need a certain employee who will be able to simplify their tasks, resulting in optimum profit.
- Many people want to work in prestigious organizations and have recognized jobs. MBA in operations management allows you to work for well-known organizations such as Amazon, Deloitte, Apple, and other international corporations.
Why Study MBA?
Many individuals nowadays want to earn an MBA because of the benefits that come with the degree. Many applicants seek an MBA without even realizing why they are doing so. This is the reason B-schools question their applicants ‘Why MBA?’. Some of the motivations for earning an MBA degree are as follows:
- Work prospects- An MBA offers several job chances, which is why many individuals choose it over other postgraduate degrees. The MBA themes taught aid in the development of various talents that are valued in the workplace. When it comes to management responsibility, business intelligence, negotiation, and other business chances, an MBA graduate from a reputable B-school has an advantage.
- Career advancement- With an MBA, individuals may advance in their jobs. People today choose well-paying and fascinating professions than simply repetitive ones.
- Improves personal reputation- An MBA from a reputable B-school earns a lot of respect from many firms with strong brand identities.
- MBA programs provide students with the opportunity to gain management and entrepreneurial abilities. People acquire a variety of new skills here, including public speaking, leadership, dispute resolution, negotiation, collaboration, and so on.
- Opportunity to form new networks- Networking is very crucial in the MBA world. Social gatherings and product launches are excellent places to meet new professionals.
- Distance learning is an option- Since the pandemic hit the nation, schools, and institutions have been functioning in an online format, allowing MBA professionals to mix employment and study. This allows them to combine full-time studies and jobs.
Why is an MBA Important?
In today’s professional environment, obtaining an MBA degree may significantly improve a person’s employment possibilities.
People may advance from mid-level to decision-making representatives. Most job descriptions for senior managers or management jobs need an MBA. So, although an MBA degree is not required, it is unquestionably a turn-off on one’s résumé.
Why MBA in Operations?
MBA in Operations aids in the development of abilities that are constantly in demand by firms. These abilities enable you to maximize human resources, raw materials, inventories, and so forth.
- MBA in Operations is the most in-demand course not just by multinational businesses, investment banks, and consultancies, but also by international organizations such as the World Trade Organization, the World Bank, and other enterprises who want an MBA graduate to lead their organizations.
- According to the GMAC Corporate Recruiters Survey, 26% of respondents want to recruit MBA graduates for operations jobs in 2019.
- The scope of activity is quite broad. The Operations MBA covers the complete process, from raw material procurement through manufacturing and transporting the finished product to the client. As a result, an MBA in Operations Management provides considerable flexibility as you transition between job titles and industries.
- Students who pursue an MBA in Operations management will have the opportunity to engage with cutting-edge technologies. Whether in a hospital or on the manufacturing floor, an operations manager is often forced to use technology to address difficulties.
MBA Operations Management: Admission 2023
- Admission to MBA Operations Management programs is based on the CAT, XAT, MAT, XAT, and a variety of additional tests specific to the universities.
- Registration for top IIMs is already concluded; they will begin registration in January, as soon as the CAT results are revealed.
- Registration for most MBA programs that offer a specialty in operations management begins in the months of May to August 2023.
MBA Operations Management: Entrance Exams
The formal announcement for the CAT is likely to be given in the final week of July 2023. MAT and state-level registrations for MBA operations management are now underway in Kerala and Andhra Pradesh. Complete information on all MBA operations management entrance tests may be found in the sections below.
Exams for State MBA Operations Management
MBA Colleges may be found all throughout India. Some of them take MBA Entrance Exams conducted by states. Some of the state-organized entrance tests are listed below:
| Entrance Exam | State |
|---|---|
| APICET | Andhra Pradesh |
| HPCET | Himachal Pradesh |
| Karnataka PGCET | Karnataka |
| KMAT | Kerala |
| MAHCET | Maharashtra |
| TANCET | Tamil Nadu |
| PU CET | Punjab |
| TSICET | Telangana |
National Level MBA Operations Management Exams
Top B-schools like IIMs prefer CAT scores and almost all MBA colleges accept national-level MBA entrance exam scores.
Types of MBA Operations Management
Unlike other courses, MBA is a bit different in terms of structure. Students can opt for a one-year degree or a full-time degree or a distance degree as well.
| Types of MBA | Eligibility | Admission |
|---|---|---|
| Executive MBA | Bachelor’s Degree + Work Experience | Merit/ Entrance Based |
| Distance MBA | Bachelor’s degree with 50% and to have a work experience of 2 to 3 years | Merit/Entrance-Based |
| Online MBA | Bachelor’s Degree | Merit-Based |
| Part-time MBA | Bachelor’s Degree with 50% | Merit/Entrance-Based |
What is Operations Management in MBA?
The MBA in Operations is a two-year postgraduate degree program offered by the MBA program. The most apparent aspect of this course is that Operations is the foundation of every business since it is mainly concerned with the launch and management of goods and services. The operations department of a company is in charge of the technologies and procedures utilized in the production of products and services.
- Full-time MBA Operations Management is a two-year professional degree program that offers students a comprehensive and complete curriculum.
- MBA admissions are based on MBA entrance exams administered at either the national or university levels.
- An entrance exam, a group discussion, a written ability test, and a personal interview are all part of the full-time MBA in Operations admissions process.
Executive MBA Operations Management
The Executive MBA is also a two-year degree, but it is fundamentally different from the traditional MBA. At least 5 years of management experience is required.
- Candidates continue to work full-time and attend courses on Fridays and weekends. They cover the same stuff, just at a faster pace.
- Work experience, a group discussion, a written ability test, and a personal interview are all required for admission to the Executive MBA program with Operations as a concentration.
- Students with past experience in business management may learn faster than novices. That is one of the benefits of an executive MBA.
- The advantage of an MBA in operations is that it is not confined to a single industry, but has expanded to encompass several.
The following are some well-known MBA operations management programs:
| Name of Institute | Fees |
|---|---|
| IIT Madras, Chennai | INR 6 lakhs |
| SIMS Pune | INR 1.09 lakhs |
| PUMBA Pune | INR 76,594 |
| RGU Guwahati | INR 2.47 lakhs |
MBA Operations Management Online
In this day and age, many people seek an online MBA. It is designed specifically for working guys who do not have the time to attend college and want to complete their studies from home. Online MBA in operations management is widely recognized across the nation and adds significant value to one’s career.
- IGNOU is one of the leading educational institutions for pursuing the MBA in Operations Management program. The institution is well-known for its remote learning and online programs.
- Candidates who pursue the MBA in operations management degree online are prepared to work as executives in public companies, corporate organizations, and so on.
- Candidates must have a bachelor’s degree with at least 50% aggregate scores and a 5% relaxation for reserved categories in order to pursue the MBA degree online.
Online MBA Operations Management: Top Colleges
| College Name | Average Fees |
|---|---|
| Amity University | INR 1,26,800 |
| IGNOU | INR 31,500 |
| Lovely Professional University | INR 9,900 |
| Indian School of Business Management | INR 60,000 – 75,000 |
| IMT Ghaziabad | INR 100,000 to 200,000 |
Part-Time MBA Operations Management
- Part-time, distance, or online MBA in Operations admissions are often merit-based and do not need an entrance test.
- Admission is based on academic credentials and relevant work experience.
The following are some of the best universities for part-time MBA programs:
| College | MBA Fees |
|---|---|
| Xavier Labor Research Institute, Jamshedpur | INR 10.72 lakh |
| Indian Institute of Management, Bangalore | INR 23.00 lakh |
| Indian Institute of Management, Calcutta | INR 23.00 lakh |
| MDI Gurgaon | INR 21.34 lakh |
| Indian Institute of Management, Lucknow | INR 19.00 lakh |
| BIMTECH, Noida | INR 12.00 lakh |
| Symbiosis Institute of Business Management, Pune | INR 18.00 lakh |
Distance MBA in Operations Management
Many Indian colleges offer distance MBA programs in Operations Management. Candidates may get their degrees from the comfort of their own homes by studying online. IGNOU is a popular option among students, however, it is always a good idea to do your homework before enrolling at any institution. Some well-known MBA Operation Management programs include-
| Name of Institute | Fees |
|---|---|
| Indian School of Business Management | INR 60,000 – 75,000 |
| IIBM Institute of Business Management | INR 35,000 – 50,000 |
| Institute of Management Technology | INR 1 – 2 lakhs |
| IGNOU | INR 19,000 – 20,000 |
Distance MBA Operations Management: Admission 2023
A distance MBA program from an accredited school is officially recognized by the UGC-DEB/AICTE. Only a few institutions and institutes in India are authorized to provide MBA courses online.
- MBA was granted permission to run correspondence courses by the UGC-DEB (University Grants Commission – Distance Education Bureau) in 2018.
- Since then, numerous prestigious business schools, like ISB and XLRI, have launched their own remote learning MBA programs.
- Admission to MBA programs is done via all-India examinations such as CAT, CMAT, XAT, and MAT, however, some schools have their own admission exams.
- IGNOU administers the OPENMAT to select candidates for MBA distance learning programs.
IGNOU MBA Operations Management
MBA in Operations Management at IGNOU is a two-year distance learning program. To pursue the course at this educational establishment, candidates must hold a bachelor’s degree.
- MBA Operations Management at Indira Gandhi National Open University lasts two years and is completed via correspondence courses.
- Candidates must sit for and pass IGNOU’s OPENMAT entrance test in order to be admitted to this program. The test is administered twice a year, in April and September.
- Candidates may apply for the OPENMAT entrance test in March for the April exam and in August for the September session. The application form is available to all applicants via the college’s official website.
- The fundamental requirement for pursuing an MBA in operations management at IGNOU is a graduation grade point average of 50%. Reserved categories have a 5% relaxation. There is no upper age limit for this course.
MBA Operations Management Colleges
MBA operations management colleges are found in top cities in India like Mumbai, Delhi, Kolkata, Chennai, etc. The average fee in MBA Operations Management Colleges is INR 3 Lakhs to INR 20 Lakhs.
MBA Operations Management Colleges in Mumbai
| Name of Institutes | Fees (INR) |
|---|---|
| Amity University, Mumbai | INR 5,15,000 |
| SP Jain Institute of Management and Research | INR 17,50,000 |
| BITS School of Management | INR 24,50,000 |
| NMIMS | INR 10,42,000 |
| National Institute of Industrial Engineering | INR 5,98,000 |
| National Institute of Management | INR 40,700 |
| Kohinoor Management School | INR 6,10,000 |
| Vidyalankar School of Business | INR 6,50,000 |
MBA Operations Management Colleges in Delhi
| Name of the Colleges | Fees (INR) |
|---|---|
| Faculty of Management Studies, IIT Delhi | INR 4,80,000 |
| Indian Institute of Foreign Trade | INR 8,85,000 |
| International Management Institute | INR 8,70,000 |
| GD Goenka University | INR 3,72,500 |
| Amity University, Noida | INR 6,72,000 |
| Delhi School of Business | INR 8,45,000 |
| University of Delhi (FMS) | INR 96,000 |
| Jindal Global Business School | INR 5,50,000 |
MBA Operations Management Colleges in Kolkata
| Name of Colleges | Fees (INR) |
|---|---|
| IIM – C | INR 27,00,000 |
| BIMS | INR 5,51,000 |
| Amity University, Kolkata | INR 3,90,000 |
| Calcutta Business School | INR 3,50,000 |
| Praxis Business School | INR 3,89,000 |
| Army Institute of Management | INR 4,26,144 |
| University of Calcutta | INR 16,508 |
MBA Operations Management Colleges in Chennai
| Name of Colleges | Fees (INR) |
|---|---|
| IIM Tiruchirappalli | INR 11,90,000 |
| LIBA | INR 15,26,000 |
| Anna University | INR 59,080 |
| XIME | INR 3,50,000 |
| Department of Management Studies, IIT Madras | INR 11,25,000 |
| Indian School of Science and Management | INR 5,50,000 |
| National Institute of Business | INR 14,700 |
| Great Lakes Institute of Management | INR 16,01,000 |
MBA Operations Management Colleges in Bangalore
| Name of Colleges | Fees (INR) |
|---|---|
| Alliance University | INR 13,50,000 |
| Christ University | INR 3,80,000 |
| NSB Academy | INR 6,50,000 |
| SDM Institute for Management Development | INR 11,20,000 |
| Reva University | INR 3,00,000 |
| Presidency University | INR 3,25,000 |
| International Institute for Business Studies | INR 7,00,000 |
| Symbiosis International University | INR 1,31,000 |
MBA Operations Management Colleges in Hyderabad
| Name of Colleges | Fees (INR) |
|---|---|
| ICFAI, Hyderabad | 7,00,000 |
| ICFAI Business School | 7,10,000 |
| Symbiosis Institute of Business Management | 6,80,000 |
| Woxsen University | 6,95,000 |
| Symbiosis International University | 6,80,000 |
| Hyderabad School of Management | 27,000 |
| NIT Warangal | 84,736 |
| Vignana Jyothi Institute of Management | 7,50,000 |
MBA Operations Management Colleges in Pune
| Name of Colleges | Fees (INR) |
|---|---|
| Symbiosis Institute of Business Management, Pune | INR 9,80,000 |
| Symbiosis Centre for Management and Human Resource Development | INR 9,40,000 |
| Lexicon Mile – Management Institute of Leadership and Excellence | INR 8,30,000 |
| Symbiosis Institute of Management Studies | INR 4,70,000 |
| MIT World Peace University | INR 3,75,000 |
| International Institutes of Management Studies | INR 9,00,000 |
| International School of Management and Research – [ISMR] | INR 4,00,000 |
| Indira School of Business Studies | INR 2,05,000 |
Here are the best business schools for MBA in Operations Management:
- Massachusetts Institute of Technology (Sloan School of Management)
- Georgia Institute of Technology (Scheller)
- University of Michigan–Ann Arbor (Ross)
- Stanford University
- University of Pennsylvania (Wharton)
- Michigan State University (Broad)
- Ohio State University (Fisher)
- Carnegie Mellon University (Tepper Business School)
- Purdue University–West Lafayette (Krannert)
- Pennsylvania State University–University Park (Smeal)
Scope of MBA in Operations
Operations Management is presently in demand in India! Finance, marketing, and human resources are examples of specialties. The following aspects describe the use of an MBA in operations in India and abroad: –
- Recognize and comprehend an industry’s demand: An MBA in Operations Management will equip you to manage interdepartmental endeavors and enter the workforce. It will inform them of what organizations are searching for and what they have. It will assist them in becoming a long-term asset to the firm and in meeting these corporate house requirements.
- Opportunities in the business sector are favorable: Operations Management professionals are in great demand, which leads to advancement in employment prospects. Every manufacturing industry requires project cycle efficiency in production and logistics procedural execution. This need has significantly expanded the scope of MBA in operations since these sectors require operations management expertise at all levels.
- Gaining in-depth knowledge: It allows students to learn how to address real-world industry problems utilizing their in-depth knowledge and abilities gained while pursuing an MBA in Operations Management. Skills such as process analysis, business process management, quality analysis, and vendor management improve overall production and supply chain management operations.
- Demanded in practically every industry: Operations Management in MBA is a rapidly rising profession choice in India and throughout the world. It would be a mistake to ignore the significance of operation management in recent years, as it has evolved into a manufacturing and logistics tool. However, in recent years, operations management has seen a dramatic shift.
Future Prospects for an MBA in Operations Management
- Although the future is unknown, the breadth of operation management is not! E-commerce is one of India’s fastest-growing sectors, with its scope expanding all the time. Did you know that logistics and storage are vital to the e-commerce industry? Given this rising tendency, the adoption of blockchain has skyrocketed, since it is beneficial to project efficiency.
- As these e-commerce sectors engage operations professionals and experts, it will pave the door for MBAs to broaden their reach in operations management. The benefit of an MBA in operations is that it is not limited to a particular business, but has broadened its reach to include various sectors.
- The degree also allows you to go to the top of the organizational structure and take on leadership responsibilities! Operations are a crucial component of every business, from the commercial to the governmental sectors. It is well known that in terms of operations management dimensions, it makes little difference since any small to the large organization is likely to recruit operations specialists.
- Recently, the service sector has had a significant expansion, which clearly indicates that the future scope of MBA in operations will exhibit an increasing trend, and there will be more chances for operations management in the near future, particularly in the service sector.
- The importance of operation management can be seen in the immediate future, as competition has been fostering up and the companies need to streamline their supply chain to face the rivalry
- According to the US News and World Report, operations management jobs will grow by an estimated 12.4% between 2012 and 2022. This means that there will be an eminent opportunity for the operations management specialist in the next two years.
- Operation professionals’ work is undoubtedly stressful, but they are compensated very well because of their skills, experience, and education. As mentioned earlier, operational experts are enjoined in every Industry, so according to the sector in which they are working, they are paid as per the universal standard. But these professionals are paid six figures, which increases with experience, and the demand for these experts abroad is slightly high compared to India.
- Job Titles Following an MBA in Operations: They are primarily responsible for providing operational plans and goals to guarantee that the organization meets its objectives and functions correctly.
- Area Operations Manager: The primary responsibilities include reporting and monitoring the team, as well as correctly overseeing the application of corporate rules and standards.
- Operations Manager: They play an important role as operations managers, supervising HR activities and assessing and optimizing organizational procedures and productivity.
- General Operations Manager: The manager position is in high demand. The General Operations Manager is primarily responsible for finances and is responsible for monitoring the budget and its utilization.
Frequently Asked Questions About MBA in Operation Management
Q. Is there a scope for an MBA in operations?
Ans. MBA candidates should seek as much experience in a variety of businesses as possible since the MBA in Operations Management compensation increases with experience. Students may choose from a variety of MBA in Operations Management employment jobs and career prospects.
Q. Which MBA is in demand in India?
Ans. A number of MBA specializations in demand include fields like Marketing, Finance, International Business, Human Resources Operations Management, Information Systems, and Supply Chain Management. This reflects the increasing role of interdisciplinary paradigms in industry and the corporate sector.
Q. Which is the toughest MBA specialization?
Ans. MBA in operations management is also one of the most demanding specializations in MBA.
Q. In terms of placements, which MBA institutions are the best for Operations?
Ans. According to numerous studies, the top five IIMs for Operations placements are IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, and IIM Kozhikode. Aside from the IIMs, top-ranked operations programs include XLRI Jamshedpur, MDI Gurgaon, SPJIMR Mumbai, Symbiosis Pune, and ICFAI Hyderabad.
Q. What are the entrance requirements for an MBA in Operations?
Ans. The full-time MBA in Operations admission standards are the same as for regular MBAs and include an entrance test, group discussion, and personal interview. Candidates for the Executive MBA in Operations should have at least three years of work experience.
Q. What is the typical beginning pay for Operations Management positions?
Ans. The annual starting pay for an Operations Manager is INR 7.8 lakh. If a candidate pursues an MBA in Operations from a Tier 1 institution, they will be employed with firms on a salary of INR 14-23 lakh per year.
Q. How much does an MBA in Operations program cost?
Ans. The course price for an MBA in Operations program at a private institution is often more than INR 10 lakh. Government institutions, on the other hand, charge tuition of up to INR 2 lakh. Most MBA programs provide scholarships to deserving students or those from low-income families.
Q. What are the prerequisites for getting an MBA in Operations?
Ans. To pursue an MBA in Operations, you must have a bachelor’s degree in any field or an equivalent from a recognized institution. MBA in Operations applicants come from engineering and technological backgrounds.
Q. Can I get an MBA in Operations after working for a while?
Ans. Yes, after working for a few years, one may pursue an MBA in Operations. Such applicants have many alternatives accessible to them. They may pursue an MBA in Operations as a traditional full-time MBA program or as a part-time, distance, or online MBA program. Professionals with prior job experience may also pursue an Executive MBA.
