MBA in Operations - Careers, Salary, Jobs, Scope
MBA in Operations: Brief Summary
Course Name | MBA in Operations |
Duration | 2 years |
Level -Degree/Diploma | Postgraduate Degree |
Eligibility | Graduation in any field (10+3+3/10+3+4) |
Key Skills Required | Managing, operations, staffing and analyzing |
Expected fee | 1-8 Lakh PA |
Average Starting Salary | 3-6 Lakhs PA |
Admission process | Online/Offline both |
Top recruiting companies | Ernst & Young, JP Morgan Chase, Accenture, Adecco, Amazon India |
Why MBA in Operations Management?
MBA in Operations is a 2 year’s postgraduate degree course. Graduates in any discipline having minimum education of 10+2+3, 10+3+3 or 10+2+4 format can pursue this program. Students having relevant skills in managing import, export, supply chain managements, demand-supply chain management, etc. are suited for this specialization.
The program exposes management students towards tackling the challenges in logistics, supply chain design and supply chain management. It also develops the skill of continuously looking for ways and means to make operating systems or processes more efficient and simpler to use.
The average fee for MBA in Operations between Rs. 80,000 to 6,00,000 depending upon  the college.
Below are the top 5 colleges offering MBA in Operations–
- Xavier Labor Research Institute, Jamshedpur
- Indian Institute of Management, Bangalore
- Indian Institute of Management, Calcutta
- National Institute of Industrial Engineering, Mumbai
- SP Jain Institute of Management and Research, Mumbai
The graduates of this specialization land in mostly Product or service based companies. They get an opportunity to work in sectors like Product Industries, Pharmaceutical Industries, Public Service Units, etc.
Students who want to pursue this specialization through distance mode can check out our Distance MBA in Operations Management Article.
MBA in Operations Management Job Roles and Career Opportunities
Below is the list of most popular job roles of an MBA in Operations Graduate.
- Operations Manager
- Plant Manager
- Process Managers
- Supply Chain Program Manager
- General Operations Manager
- Area Operations Manager
- Inventory Control Manager
- Technical Operations Manager
- Operations Management Engineer
Below is the description of few popular job roles-
Operations Manager
The Operations Manager is a senior role which includes responsibilities like managing overall operations, ensuring effective and successful management of labour, productivity, quality control and safety measures set for the Operations Department.
Graduates in any discipline with MBA/PGDM in Operations as Post-Graduation with excellent skills of paper work, excel and management of people and resources with an experience of 5-10 years can reach up-to this position.
The average salary offered to Operations Manager is Rs 7.12 Lakhs per annum.
Plant Manager
The Plant Managers’ day to day responsibilities includes planning, organizing, directing and running day-to-day operations to excel in customers’ expectations. Increasing production and minimizing unnecessary costs and maintaining current quality standards.
The average salary offered to Plant Manager is Rs 12.27 Lakhs per annum which has an excellent growth with time.
Process Managers
The day to day responsibilities of Process Managers includes coordinating day-to-day execution of the process, identifying and implementing changes to the process, calculating deviations, analysing and distributing process. The work also includes evaluating the performance of the process within the company.
The average salary offered to Process Manager is Rs 7.28 Lakhs per annum which has a growth rate of 4-10% after an experience of 10 years.
Supply Chain Program Manager
The supply chain manager has the duties of Communication, Transportation, Planning and Analysis, Inventory Control and overall Management. The supply chain manager plays a crucial role in logistics as well. He/ she needs to keep a close eye on the market and demands of the customers.
The average salary offered to Supply Chain Manager is Rs 4.34 Lakhs per annum. The salary is 48% higher than the average in cities like Mumbai and Bangalore.
Inventory Control Manager
Inventory Control Manager ensures sufficient inventory of materials and products according to the industrial inventory cycles. They have the job of conducting daily inventory analysis to solve inventory problems. Developing and implementing inventory control procedures is also a part of their job.
The average salary offered to Inventory Control Manager is Rs 4.34 Lakhs per annum. The growth rate of salary with experience is 16% to 64%.
MBA in Operations Management: Salary
The median salary of MBA Operations Managers in India is Rs 7.65 Lakhs. The salary at entry level (0-5 years) is around Rs 4 Lakhs. This salary is 4% less than the National Average at mid-career (5-10 years) and increases by 28% and 36% with experience from 10-20 years and greater than 20 years respectively.
Salaries in many cities like Gurgaon, Mumbai, Noida, Bangalore etc. is way above than National Average.
Amazaon.com Inc., Federal Express Corporation, Cisco FedEx Ground, Target Corporation, etc. are some of the companies where MBA in Operations offered salaries above the national average and are high on demand.
Recruiters
Below is a list of top recruiters hiring Operation Managers:
- Amazon India
- Aviva
- ACT (Internet Services)
- TVS Motor Company
- Bajaj
- Reddy’s Laboratories (Pharmaceuticals)
- Alshaya (Retail)
- Airtel (Telecoms)
- Ernst & Young
- JP Morgan Chase
- Accenture
- Adecco
- L&T
- Paytm
- Flipkart
Specializations Offered
Below are the various specializations offered in MBA in Operations:
- Project Management
- Productions /Manufacturing
- Supply Chain Management
- Logistics
- Enterprise Resource Planning
- Materials and Resources
MBA in Operations Management: Syllabus
The syllabus that the students cover in 2 years of MBA in Operations is as follows-
Year 1 | Year 2 |
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Popular colleges offering MBA in Operations Management
Below is a list of colleges offering MBA in Operations:
College | Admission Procedure | Eligibility | Placements | Average Salary (Rs) | Fee (Rs) |
Xavier Labour Relations Institute (XLRI), Jamshedpur | Qualifying marks in XAT, GMAT followed by GD and Interview | Graduate in any Discipline.
Max. Age- 52 years |
100% Placements with 132 recruiters in 2018 | 20.1 Lakhs | 20 Lakhs |
S. P. Jain Institute of Management & Research, Mumbai
|
Qualifying Marks in CAT followed by GD and Interview | Graduate in any discipline with at least 50% marks | 100% Placement | 22.24 Lakhs | 16.25Lakhs |
Indian Institute of Management, Bangalore | Qualifying Marks in CAT followed by GD and Interview | Graduate in any discipline with at least 50% marks | 100% Placements with 140 recruiters in 2018 | 21.42 Lakhs | 19.8 Lakhs |
Indian Institute of Management, Calcutta | Qualifying Marks in CAT, GMAT followed by GD and Interview | Graduate in any discipline with at least 50% marks | 100% Placements | 20 Lakhs | 15.41 Lakhs |
National Institute of Industrial Engineering, Mumbai
|
Qualifying Marks in CAT followed by GD and Interview | Graduate in any discipline with at least 50% marks | 100% Placements with 130+ offers | 6.35 Lakhs | 19 Lakhs |
Requirements for MBA in Operations
- Students must have Bachelor’s degree (10+3+3/10+2+4/10+2+3) from a recognized university in any discipline with Institute wise varying criteria of minimum percentage in graduation.
- Valid score in CAT, XAT, MAT, GMAT, CMAT or any University or Institute level exam.
Why should you choose to do an MBA in Operations Management?
MBA in Operations is a degree level course which has a great application in the market. Countries run on commodities and logistics to supply those commodities. The management of logistics and the products and people involved is the task of an Operations Manager. With the market shifting to an online media and e-commerce driven market, it is very certain that the need for management professional specializing in the Operations domain will increase.
Specializations like in logistics, general operations have been of great demands in cities like Gurgaon, Mumbai, Hyderabad, Pune, etc. (according to payscale.com)
With a growth rate of above 40% (experience of 5-10 years), MBA in Operations seems to be an ideal choice for a challenging yet rewarding postgraduate specialization.
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