Management in Operations Management
Operations Management
Master of Business Administration (MBA) in Operations Management is a 2-year Post-Graduate Program. People with a Bachelor’s Degree in any stream with a minimum of 55% marks or equivalent CGPA from a recognized university can apply for this program. All top Management Institutes in India offer an MBA program in Operations Management.
Operations form an integral part in the function of an organization and hence MBA in Operations Management is considered a valuable degree. The average fee for an MBA program in Operations Management ranges from INR 4 to 17 Lacs.
An MBA in Operations Management in India, at entry level, can make you earn anything between INR 3 to 12 Lakh per annum. Top recruiters include Ernst & Young and Amazon India. Though the number of students opting for an MBA in Operations Management is less in comparison to those opting for an MBA in Finance or an MBA in Marketing, the program has its own takers. About 10% of total enrolments in MBA programs are in the fields related to Operations Management.
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Top Institutes offering MBA Operation Management are:
- ICFAI Business School, Hyderabad
- Symbiosis Institute of Business Management, Pune
- Institute of Management Studies, Dehradun
- Anna University, Chennai
To apply for the program, a candidate must have a Bachelor’s degree in any stream. However, a bachelor’s degree alone is not sufficient and you need to clear one of the various exams conducted by management institutes. For top-rated institutes like the IIMs, cut off for CAT Exam is 90-99 percentile. For admission through CMAT, a decent score is anywhere between 250-300.
MBA Operations Management: Course Highlights
| Course Level | Post-Graduate |
|---|---|
| Duration | 2 years |
| Examination Type | Semester System |
| Eligibility | graduation in aviation |
| Admission Process | Based on counselling after clearing Entrance Tests like CAT for different colleges. |
| Course Fee | INR 4 to 17 Lacs |
| Average Starting Salary | INR 3 to 12 lacs per annum |
| Top Recruiting Companies | Ernst & Young, JP Morgan Chase, Amazon India, Accenture, Adecco, L&T, KPMG, Novartis |
| Job Positions | Operations Manager, General Operations Manager, Area Operations Manager, Plant Manager, Process Managers, Supply Chain Program Manager |
MBA Operations Management: Eligibility
A Bachelor’s degree in any discipline obtained through the 10+2+3 system or an equivalent qualification with a minimum aggregate of 50% or equivalent CGPA of any of the Universities incorporated by an act of the central or state legislature in India.
MBA Operations Management: Admission Process
Most Management Institutes conduct National level Entrance tests for selection of students. Some of these tests are CAT, XAT, MAT etc. The application process generally starts after the month of August and goes on till December for most of the Entrance Tests. The admission process can be explained via the following Steps:
- Application Process
- Entrance Test
- GD/P I, Final Admission List
These tests are generally Computer-based except for a few like SNAP which is a paper-based test. After the Entrance Test, every Institute shortlists candidates who then appear for Group Discussion and Personal Interview. Some Institutes like IIM Ahmedabad, IIM Bangalore, and IIM Calcutta do not have a group discussion round but conduct grilling sessions of Personal Interview.
Selection Process
The selection for MBA program in Operations Management in any of the premier institutes depends heavily on the performance of a candidate in the Entrance Test and subsequent rounds of Group Discussion and Personal Interview. While preparing the final list, a candidate’s academic performance and work experience are also given some weightage. Below is an estimate of the average weightage given to each criterion while preparing the final list of candidates selected for admission.
| Criteria | Weightage |
|---|---|
| Entrance Test | 60-70% |
| GD/PI | 5-10% |
| Academic Performance | 10-15% |
| Work Experience | 5-10% |
MBA Operations Management: Salary Trends
There are multiple job roles associated with MBA in Operations Management and the salary trend varies according to these roles and responsibilities associated. Below is a graph charting the minimum, median and maximum salaries for various roles.