Header Ads

MBA In Operations Management : Careers, Market Trend, Growth, Salary & Top B-Schools

MBA in Operation Management mainly deals with planning, organizing and supervising in the contexts of production, manufacturing or the provision of service. Operation Management deals with an expanded role of decision-making tasks such as product designing, forecasting, supply chain processes, inventory, maintenance, and quality management, etc. In this article, we will discuss the market growth and trends, career growth, jobs after MBA in Operations Management, salary, top companies that offer job opportunities in MBA in Operations Management, etc.

Market Growth and Trends

Recently, organizations are giving a lot of value on Operation Management. It opens the door for various sectors such as Construction, Consulting Firms, Financial Institutions, Information Technology, Manufacturing & Retail, E-Commerce, Warehousing, etc. Candidates can expand their responsibilities as per market growth and trends such as store operation management, customer management, supplier management, logistics, and warehousing management, etc.

MBA in operation management is very trending as students of operation management need to handle different parts of the business. It is a discipline with multiple facets attached to it. The main part of Operation Management is associated with supply chain management and logistics. Lots of different branches are an integral part of this specialization. Students who are ready to face all sorts of challenges that come across in operation management, then this field is meant for their progress in future and career growth.

Career Growth

One of the best parts of Operation Management is that candidates can go for any industry and thus multiple options and opportunities exist for them. Students who are specialized in Operation Management can be an integral part of the IT industry or insurance. Finance, HR, hospitality, retail, and construction are the other available options.

The most common category students in Operation Management finds in their job roles are logistics manager and/or supply chain manager. Being a consultant is a second option for the students who are completing the degree of Operation Management. Operation Management holds multiple options for the students and students are sure to reach the pinnacle of the organizational hierarchy at some of the renowned designations.

Course Content

The course consists of several topics such as Quantitative Techniques & Methods, Corporate Environment, Business Skills Development, Business Skills Development, Summer Training Project, Business Policy and Strategic Management, etc. The core subjects of Operation Management are Human Resource Management, Marketing, Finance, Information Technology, Operation Management/Material Management, etc.

Jobs after MBA in Operation Management 

The core jobs after completing MBA in Operation Management are Production Management, Operations Management, Operations Strategy, Demand, and Business Forecasting, Inventory Control, Total Quality Management, Project Management, Operations Scheduling, Quantitative Techniques, etc. Candidates can also avail job positions such as Operations Manager, General Operation Manager, Plant Manager, Supply Chain Program Manager, etc.

Salary

The salary depends on the various job positions in different organizations.The average starting salary of a Logistics Manager is INR 3.6 lakhs/year and it can expand up to 15-20 lakhs/year.

Here we are providing a chart of salary for various posts under Operation Management:

Career
Median Annual Salary*
Operations Manager
Rs. 7.8 LPA
Supply Chain Program Manager
Rs. 8.74 LPA
Area Operations Manager
Rs. 6.02 LPA
Plant Manager
Rs. 16.68 LPA

Top Companies

The top companies that offer employment opportunities for MBA graduates in Operation Management are Ernst & Young, JP Morgan Chase, Amazon India, Accenture, Adecco, L&T, KPMG, etc. The main sectors are Consulting Firms, Construction, Hospitality, Information Technology, E-Commerce, etc.

Top Colleges that offer MBA in operation Management


The top colleges that offer MBA in Operation Management are:

·        Indian Institute of Management, Bangalore
·        Symbiosis Institute of Business Management
·        Xavier Institute of Management and Entrepreneurship
·        ISME ( International School Of Management Excellence )
·        Ramaiah Institute of Management (MSM)
·        Regional College of Management Bangalore - RCMB
·        IIBS - International Institute of Business Studies, International Airport
·        REVA University, Bangalore

No comments

MBA Admission in Bangalore
Powered by Blogger.