MBA in Operation Management
Operations Management is a comprehensive production-related responsibility that includes Inventory Management, Vendor Development, and Purchase Management. It also includes areas that demand multi-disciplinary skills like Supply Chain Management and ERP (enterprise resource planning).
What is the benefit of doing MBA in Operation Management?
A candidate with a MBA in Operation Management would be able to look after a factory or other operations of the factory in a better manner as compared to others due to their competency and knowledge regarding handling the operations of an organization.
A student needs to have completed his/her graduation from any stream in order to pursue a MBA in Operation Management. The candidate needs to have good negotiation skills; they must have the ability to remain calm in the toughest of situations and lastly have good coordination skills.
The Entrance tests are same for all the MBA specialization.
Future prospects of MBA in Operation Management:
Depending on the type of organization, one might be responsible for a few activities / regions in the initial stages and consequently growing up to handling broader areas. This career involves handling a few plants/ vendors initially, followed by the responsibility for an entire factory and eventually undertake a more strategic view like global sourcing / alternate materials / imports etc. but, at each stage there is a lot of responsibility and risk.
While the demand for Operation Management has reduced in today's organizations, there is still a demand in areas like Supply Chain Management and ERP (enterprise resource planning).
Institutes offering MBA in Operation Management:
- Narsee Monjee Institute of Management Studies (NMIMS), Mumbai
- SP Jain, Mumbai
- Indian Institute of Management (all centers like Lucknow, Ahmedabad,Banglore and Calcutta)