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            Operations Management - Courses, Colleges and Careers

            Operations Management

            The competitive scenario in business nowadays has put an increased stress on effective planning and management, which can enable an organization to be at par with its competitors and increase its overall profitability and customer base. Operations Management (OM) is a specialized field that facilitates the process of delivering value to the end customer by improving productivity, quality, cost, and turnaround time. It includes inventory management, vendor management, purchase management and enterprise resource planning (ERP), all of which facilitates the seamless running of a company's supply chain.

            An MBA in Operations Management teaches students to effectively manage the processes behind the successful production and distribution of a product in an organization. Students are taught to oversee the entire gamut of the supply chain, starting from product creation and development to production and distribution to sales outlets.

            What does a course in Operations Management teach?

            The post graduate diploma in Operations Management can be a regular full-time course or a distance education course and the duration can vary. The curriculum is generally covered across four semesters and involves project work, assessments and internships too.

            The main topics covered in the course may include some or all of the following:

            • Operations Research
            • Business Statistics
            • Materials Management
            • Project Management
            • Enterprise Resource Planning
            • Financial Accounting and Management
            • Supply Chain Management
            • International Logistics
            • Technology and Innovation Management
            • Project Management
            • Information Technology & Systems Management
            • Marketing Management
            • Human Resource Management

            In the third semester, students usually have the option to select their minor subjects apart from the core subjects of their specialization. The choices from which students can select their minor subjects include supply chain management, IT and systems management, finance management, marketing management, human resource management, or project management.

            Career Scope & Job Prospects in Operations Management

            After completing the course, a student can pursue a career in several sectors such as

            1. Manufacturing
            2. Retail
            3. Financial Institutions
            4. Construction
            5. Management Consulting
            6. Hospitality
            7. Information Technology
            8. Transportation
            9. Logistics

            An operations manager will usually be recruited in an executive role and will be expected to oversee and optimize the day to day business processes so that the overall costs of the company are reduced and profitability is increased.

            Top 10 Colleges/Institutes for Operations Management

            No. College/Institute
            1 National Institute of Industrial Engineering - Mumbai
            2 SP Jain Institute of Management and Research - Mumbai
            3 IIM - Calcutta
            5 IIM - Lucknow
            6 IIM - Ahmedabad
            7 IIT - Kharagpur
            8 IIT - Delhi
            9 Narsee Monjee Institute of Management Studies - Mumbai
            10 IIM - Bangalore

            Other MBA specializations in India

            1. Human Resource (HR) Management
            2. Finance Management
            3. Telecom Management
            4. Retail Management
            5. Textile Management
            6. Sports Management
            7. Tourism Management
            8. IT Management
            9. Infrastructure and Real Estate Management
            10. MBA (Entrepreneurship)
            11. Supply Chain Management
            12. Marketing Management
            13. Hospital Management
            14. Facility Management
            15. Fashion Management
            16. Healthcare Management
            17. Communication Management

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