MBA Production and Operations Management

MBA in Production and Operations Management is usually a two-year program. It is a significant specialisation of the MBA playing a leading role in addressing key problems, topical issues of concern, and business solutions, for managing, manufacturing, and service and technology organisations, which are crucial these days.

MBA Production and Operations Management: Course Highlights

It's a rapidly growing field of business administration, where graduates can land various lucrative jobs. If you have also completed your bachelor's program and are interested in pursuing this course, feel free to read this article.

Program

Postgraduate

Course

MBA in Production and Operations Management

Duration of the Course

Between 1.6 and 2 years (based on top 4 universities)

Eligibility Criteria

{High school (10 + 2 equivalent), 60% recommended}, bachelor’s degree (preferably in business such as BBA),  {IELTS, PTE, or TOEFL (IELTS 6.5 or equivalent recommended)}, and entrance exams such as GMAT or GRE

Entrance Exams

{IELTS, PTE, or TOEFL (IELTS 6.5 or equivalent recommended), and GMAT or GRE 

Tuition Fees

Between 5867525 and 6781050 INR (based on the top 4 universities)

Jobs 

Production Manager – Manufacturing, Business Development Manager, Senior Technical Manager, etc. 

Average Salary

755136 INR (based on 5 jobs)

What is an MBA Production and Operations Management?

Production and Operations Management is yet another significant specialisation of the popular MBA degree. During this two-year program, students will learn a lot about the concepts required to manage the manufacturing part of a business, which is the backbone of any company.

Top Universities For MBA Production and Operations Management

To help you commence your MBA in Production and Operations Management journey, we have narrowed down the top 4 universities offering this course. Another benefit is that 3 of these universities are among the top 20 as per QS World Ranking. Overall, these universities are ranked among QS's top 200 in 2022.

S.NO 

University Name 

Country 

QS World Ranking

1

Harvard University

The USA

5

2

The Massachusetts Institute of Technology (MIT)

The USA

1

3

Purdue University

The USA

129

4

The University of Pennsylvania

The USA

13

MBA Production and Operations Management: Syllabus

Typically during this two years course, you will study various subjects, which will equip you with the skills and knowledge to work as a production manager. The topics are a mix of standard MBA and production and operations concepts. 
Please read below Management of Organizations.
  1. Quantitative Techniques and Methods.
  2. Managerial Economics.
  3. Corporate Environment.
  4. Business Skills Development.
  5. Corporate Legal Environment.
  6. Accounting for Managers.
  7. Electives.
  8. Human Resource Planning and Development.
  9. Management of Industrial Relations.
  10. Compensation Management.
  11. Organizational Change and Development.
  12. Management of Financial Institutions.
  13. Financial Markets and Services.
  14. Security Analysis and Portfolio Management.
  15. Derivatives and Risk Management.
  16. Production Planning and Control.
  17. Total Quality Management.
  18. Training and Development.
  19. Labor Laws.
  20. Industrial Psychology.
  21. Performance Management.
  22. Purchase Management.
  23. Management of Logistics.
  24. Management of International Business.
  25. Business Policy and Strategic Management.
  26. Summer Training Project.
  27. Seminar.
  28. Services Marketing.
  29. Marketing Research.
  30. Sales and Distribution Management.
  31. Retail Marketing Management.
  32. Database Management System.
  33. System Analysis and Design.
  34. Communication Networks for Business.
  35. Service Operation Management.
  36. Industrial Marketing.
  37. Consumer Behavior.
  38. International Marketing.
  39. Advertising and Sales Management.
  40. Plant Design and Layout.
  41. Computer-Aided Design and Manufacturing.

Cost of Studying MBA Production and Operations Management

For the top universities offering an MBA in Production and Operations Management course, the program fees can be anywhere between 40,00,000 and 70,00,000 INR. However, you also have to manage other expenses, such as living costs, so we recommend keeping the budget at the upper limit and applying for any scholarships you qualify for to afford your education.

S.NO 

University Name 

Course

Duration

Tuition Fees in INR

1

Harvard University

MBA in Technology and Operations Management 

2 years

58,67,525

2

The Massachusetts Institute of Technology (MIT)

MBA in Operations Management

2 years

64,23,598

3

Purdue University

MBA in Supply Chain and Operations Management 

NA

NA

4

The University of Pennsylvania

MBA in Marketing and Operations Management

1.6 years

67,81,050

Eligibility Criteria for MBA Production and Operations Management

Typically for an MBA in Production and Operations Management abroad, there are extensive eligibility prerequisites that applicants must meet to qualify. These include various entrance exams and qualifications. Please read below.

  • A general and basic requirement for any MBA, production and operations management included, is a bachelor's degree, preferably in a business area, such as a BBA or Bachelor of Business (BBus), with at least 60% cutoff or equivalent GPA expected.
  • The GMAT score per your institute's requirement is an entrance exam score that goes along with your qualification. Some universities may ask for GRE or may not require any entrance exam certificate.
  • You need a minimum of IELTS 6.5 or equivalent to prove your English language fluency. However, it is only a recommended score, and your university may require a lesser score.
  • Work experience is a requirement for any MBA, especially for executive MBAs. We recommend at least 2-3 years of experience, if applicable, at your university. 

Exams Required for MBA Production and Operations Management

Besides the English language proficiency test score such as IELTS, PTE, etc., you also need to submit entrance exam scores such as the GMAT, which are mandatory for MBAs. However, some universities have waivered off this prerequisite. Read below the minimum requirements for the top 4 institutes.

Name of the University 

Exam Name 

Minimum Band Requirement 

Harvard University

IELTS, GMAT

7.5, NA

The Massachusetts Institute of Technology (MIT)

IELTS, GMAT

7.0, 700

Purdue University

IELTS, GMAT

7.5 (7.0 in Listening), NA

The University of Pennsylvania

IELTS, GMAT

NA

Scholarships to Study MBA Production and Operations Management

Many university-funded scholarships are available to aid domestic and international students financially. These include various amounts and perks and may sometimes cover all the costs of a student. So you are recommended to apply for any scholarship that you qualify for.

S.NO 

Scholarship Name 

Description 

Eligibility 

Amount in INR

1

Need-Based Scholarship

The Harvard Business School of the Harvard University in America offers this scholarship

NA

33,55,611 (Average per year in total)

2

McKinsey Award

The Sloan School of Management of the MIT in the USA offers this award

NA

7,98,955

3

ROMBA Fellowship

This award is offered by the Wharton School of Management of the University of Pennsylvania in the USA  

NA

At least 15,97,910 + exclusive leadership programming 

Scope of MBA Production and Operations Management

The services and manufacturing sectors are developing rapidly, increasing employment opportunities for production and operations managers. Production managers can get various jobs across various fields. Plus, they will enjoy lucrative salaries because of the managerial level designation.

Job Profile 

Salary in INR

Production Manager – Manufacturing 

7,80,000

Business Development Manager

5,63,674

Senior Technical Manager

12,00,000

Inventory Manager

5,17,453

Purchase Manager 

7,14,557

How to Study for a MBA Production and Operations Management?

Operations and production is an MBA specialization, and rigorous study will be there when this program is concerned. So the first step is to continuously enrol in one of the best colleges abroad, offering it. Afterwards, you must follow these tips to go through your course smoothly.

Step 1: Taking notes always helps you get the essential knowledge and details regarding your business administration area. Highlighting important points is also very helpful, which you can ask your professor after class.

Step 2: Having a practical approach to learning is also excellent. You can do this by participating in workshops and seminars and enrolling in internships your institute offers. This way, you will gain real-world experience, which will help you academically and in your career.

Step 3: This tip is recommended for all MBA students, regardless of their specialization. We suggest you read as many management-related books as possible outside your syllabus. Ask your seniors and professors for the best books available in the library. Plus, searching the internet for valuable related information is always beneficial.

Step 4: For any MBA student, it is essential to keep up with the market trends so that they will have ease in their roles in their future jobs. You can do this by conducting market surveys or via the internet's social media websites.

Step 5: Done.

Still, have any doubts? Then, connect with AECC India and get satisfactory answers.

AECC is one of the world's leading educational consultancies with versatile expert professionals ready to help you with any queries you may have. Contact us so we can be of assistance to you in your journey to achieving your dream.


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