Operation Management segment of an organization not only deals with the management of processes and manufacturing systems but also deals with different aspects in which the company deals. The one who handles the operation department is responsible for ensuring the quality of the product as well as the quantity and quality manufactured in the manufacturing unit of the organization. The production must be manufactured and delivered in a cost-effective and efficient manner keeping in view the customer standards which should not be compromised at any cost. Since there are several fields that work in sync with the operation department, thus the candidate graduating with a specialization in operation management gets a chance to avail multiple options when it comes to the selection of a career in post graduation. Operation Management is an umbrella term which refers to the responsibility of each and every production process for all the goods and services. Company’s long-term performance is based on the operation department and so it forms a crucial part of the firm’s success.
Why MBA in Operation Management?
MBA in operation management is a discipline with multiple facets attached to it. If you are someone who likes to handle different parts of the business and/or task then this is the field, you should opt for. The main parts that are associated with Operation management are supply chain management and logistics. MBA in supply chain management makes a professional responsible enough to handle the planning, execution, organizing and supervisory functions in the context of the production and provision of the products and services. It is also a good field if you want to go see yourself in the leadership positions in future as the subject prepares you for the same through different twists and turns. Several different branches of other subjects are an integral part of this specialization. Hence, if you consider that you are ready to face all sorts of challenges that come across in operation management, then this field is aptly meant for you. Don’t give a second thought and just get yourself right ahead with the various profiles and situational based analysis that can be supportive of your progress in future and career growth.
Scope of MBA in Operation Management
MBA in operation management prepares the students to handle different aspects of a business. The students are always a step ahead of the companies’ needs and thus the knowledge, skills, and perspectives acquired from this course can help the students leave a mark by becoming an asset to the organization. MBA in Operation Management is an evergreen discipline as it increases the chances of employability because the student/aspirant can get into any manufacturing industry and would be skilled enough to handle almost all the functions of manufacturing and production department. Operation Management makes you skilled in process analysis, productivity, responsiveness, quality and product variety, and thereafter, you can enter into any of these functions of the manufacturing firm, as a professional.
Career Options after MBA in Operation Management
The best part of this specialization is that it fits the professionals hailing from any industry and thus multiple options and opportunities exist for them. The student specialized in operation management can be a part of IT industry or that of insurance. Finance, HR, hospitality, retail, and construction are the other available options.
Job titles available to the Aspirants of MBA in Operation Management
The most common categories providing employment opportunities are inclusive of logistics manager and/or supply chain manager. Becoming a consultant is another aspect while selecting a career after attaining a degree in operation management. No matter where you start but if you are dedicated then you are sure to reach the pinnacle of the organizational hierarchy at some of the renowned designations.
Pay Packages Offered for MBA in Operation Management
MBA in operation management is one of the highest paying fields with initial packages range stretching from 2 lakhs to 3 lakhs per annum. The pay packages vary according to the geographic location and the qualification of a candidate. A difference lies in the experience and background if any, along with the profitability and level of the organization that hire operation management professionals. The following table lists the available job opportunities and the average pay package per annum for the three most common designations for those candidates with a specialization in operation management.
| Career Option |
Operation Executive |
Assistant Manager for Operation |
Plant Manager |
| Educational Background |
Bachelors and MBA Operation |
Bachelors and MBA Operation |
Bachelors and MBA Operation |
| Percentage of Job Opportunities |
11% |
9% |
15% |
| Average Salary/annum |
Rs. 2,89,189-7,25,000 |
Rs. 6,50,000-13,20,000 |
Rs. 10,00,000-20,00,000 |
Source: www.payscale.com
Top Colleges
Now that we know that the degree in operation management accounts for multiple opportunities, it is important to note some of the best institutes in India and abroad, which provide a management degree in MBA in operation management. Some of the top Indian universities with a course in operation management include:
- IIM – Lucknow
- IIM - Kozhikode
- Narsee Monjee Institute of Management Studies (NMIMS)
- ICFAI Centre for Distance Education
- Indira Gandhi National Open University
- Annamalai University
- Sikkim Manipal University
- Symbiosis Institute of Business Management
- Chennai Business School
- Bangalore Management Academy
There are several international universities too, that offer a course in operation management. Some of the top institutes from that list have been included below:
- Harvard Business School
- Stanford University
- Columbia Business School
- University of California
- Chicago Graduate School of Business
- New York University
- Kelley School of Business
Top Recruiters
The job sectors in which the demand of operation management persists include KPOs, insurance companies, consulting firms, financial institutions, transportation and logistics, manufacturing, hospitality, construction, etc. Some of the companies that recruit operation professionals include:
- Tech Mahindra
- Maruti Suzuki
- Blue Dart
- Amazon.in
- Trigent
- Wipro
- Genpact
- DTDC
There are INTERNATIONAL COMPANIES also that hire professionals specialized in operation management. These companies are:
- Bank of America
- Cummins
- Caterpillar
- Emerson
- Shell
- United Technologies
