Why Choose an MBA in Operations Management? Exploring Scope, Benefits, and Career Opportunities

Operations Management is a process associated with the production of goods and services. The primary role of MBA in Operations Management is to plan, direct, and control business operations. The main advantage of this degree is that it ensures business operations are managed smoothly to meet consumer demands. As a business operations manager, you will ensure business operations are efficient. This is necessary to convert resources into goods and services to maximise profits.

The scope of an MBA in Operations Management is vast. It generally covers all aspects of businesses. We all know that operations management is critical to any business; effective operations will allow companies to thrive and grow. So, if you plan to pursue an MBA in Operations Management, we assure you that you will find plenty of job opportunities. If you are an engineering student and planning to do an MBA, then in this field, you can find vast career advancement opportunities and earn high salaries.

What is an MBA in Operations Management?

MBA in Operations Management is a professional degree program that focuses on developing managerial skills for taking care of the day-to-day operations of an organisation. Its curriculum is designed to include subjects such as supply chain management, inventory management, project management and much more. The critical areas of focus are manufacturing and service operations. Students in this field gain skills and knowledge in process improvement, cost management and data analysis.

Operations managers are responsible for managing activities such as producing goods and services. They have complete control over utilising staff, materials, equipment and technology. The main task of operations managers is to acquire, develop and deliver goods based on client needs. Here are some of the reasons why choose an MBA in Operations Management.

All businesses need operation managers to function effectively.

The primary function of operations management is to convert a company’s resources into products and services. If your business is into manufacturing, you must know the key areas where your company makes profits and losses. To work in these industries, you must understand operations as essential for differentiating or determining companies in the exact location.

Knowledge of operations can help you become a top executive.

As per reports, students generally enrol in an MBA in Operations Management because they want to work in top executive roles. Nowadays, businesses hire professionals with a holistic understanding of operations management. The role of operations manager is highly sought after and in demand. Due to globalisation, operation and supply chain managers are in great demand. Moreover, an MBA in Operations Management helps students build the skills required for top executive positions.

Understanding operations helps you become a good manager.

Understanding all the parts of operations helps you become a good manager. We all know it's necessary to comprehend operations to do your job better in the operation manager position. If you have completed an MBA in Operations Management, you can give input in operations management and other functional areas.

How can engineers benefit from an MBA in Operations Management?

With an MBA, engineers equip themselves with soft skills crucial for technical leadership. For example, the engineers will learn skills like effective time management and communicating complex information to diverse audiences. In this program, you will master the art of leading teams and delegating responsibilities to the middle managers. As an engineering manager, your responsibility will include:

1. Conduct research and develop products and designs
2. Manage and propose budgets for projects
3. Supervise cross-disciplinary teams
4. Ensure teams receive support from upper management
5. Identify talent development opportunities and training needs
6. Build teams and hire contractors

Additionally, an MBA in Operations Management will provide comprehensive insight into the business aspects. You get detailed managerial accounting, financial planning, and risk management insight. This knowledge is essential to attain top managerial positions and helpful for those who want to establish their consulting firm. You learn to tackle problems holistically and position yourself well for chain management roles.

Benefits of doing an MBA in Operations Management

Here are a few benefits of enrolling in an MBA in Operations Management. Let's have a look at:

1. Vast and lucrative employment opportunities

You can explore plenty of job opportunities with an MBA in Operations Management. Operations management is a part of almost all businesses. It is one of the significant benefits of an MBA after engineering.

2. Opportunity to get into managerial roles

With an MBA in Operations Management, you gain skills and knowledge to work as a manager. This knowledge is helpful for career advancement and success.

3. Stay current with industry trends.

The MBA in Operations Management curriculum is designed to stay updated on trends and technologies.

4. Gain in-depth knowledge of industry operations.

With this course, you will gain in-depth knowledge about operations management in various industries and be aware of processes involved in business operations.

5. Chance to work with new technology

You will get to work in different technologies after pursuing an MBA in Operations Management. It will help you prepare to upskill and be updated to work in a challenging job market.

MBA in Operations Management Syllabus

MBA in Operations Management Subjects

1. Business Statistics
2. Operations Research
3. Project Management
4. Material Management
5. Supply Chain Management
6. Financial Accounting and Management
7. International Logistics
8. Enterprise Resource Planning
9. Marketing Management
10. Human Resource Management
11. Information Technology and System Management
12. Technology and Innovation Management

Documents Required for MBA Operations Management Admission

1. Official academic transcripts
2. Resume/CV
3. Proof of Standardised GMAT/GRE Score
4. Valid passport
5. Photographs
6. Scholarship documents (if applied)
7. Education loan documents (if applied)
8. Letter of Support
9. Personal Statement
10. Letter of Recommendation

MBA Operations Management Eligibility

Students enrolled in an MBA in Operations Management undergo different admission requirements. The admission process is based on a first-come and first-served basis. Many colleges provide admission based on academic performance or cut-off score of the qualifying examination. The essential eligibility criteria require a candidate to have cleared their graduation with a minimum aggregate score of 50% and above or an equivalent CGPA.

MBA Operations Management Salary

Who are the Top Recruiters for an MBA in Operations Management?

1. Tech Mahindra
2. Amazon
3. DTDC
4. Blue dart
5. Bank of America
6. Maruti Suzuki
7. Wipro
8. Emerson
9. Shell
10. United Technologies

What is the Scope of an MBA in Operations Management?

Companies have realised that well-managed operations management can reduce glitches in supply chain management and expansion of business in the market. This is why companies are hiring professionals who have gained experience in operations management to add more value to their business. If you aspire to make a career in Operations Management, then we have created a list of some profiles that are worth considering:

1. Product Manager
2. Business Leadership Associate
3. Operations Manager
4. Enterprise service manager
5. IT sourcing strategist
6. Supply Chain Functional Analyst
7. Supplier Risk Manager
8. Supply Chain Manager
9. Logistics Manager
10. Production Manager
11. Quality Assurance Manager
12. Inventory Manager
13. Operations Analyst
14. Project Manager
15. Business Process Analyst
16. Operations Consultant

In conclusion, there are many compelling reasons for studying an MBA in Operations Management for aspiring professionals. This course will give you a comprehensive understanding of efficient resource utilisation and process optimisation. This knowledge will assist you in navigating through complex business environments and drive organisational success. Chandigarh Group of Colleges, Jhanjeri, offers comprehensive programs tailored to meet the evolving needs of the industry. Through CGC's commitment to academic excellence, practical learning experiences, and industry collaborations, students have the knowledge and skills necessary to excel in operations management roles. So, what are you waiting for? Visit our official website to learn more about MBA in Operations Management admissions.