India remains to be one of the best places to start a business. Due to which, MBA with a specialization in Operations Management is nowadays being preferred by most of the MBA aspirants.
Because of its tremendous growth prospects in management and planning sectors of any organization, students who complete their MBA with a specialization in operations management are placed in job domains that focus more on the delivery side of a business.
Operations management deals with a wide range of tasks associated with business-related concerns, such as:
- Forecasting
- Product Designing
- Supply Chain Processes
- Inventory
- Maintenance and Quality Management
Career options after an MBA in Operations Management usually begin with roles related to resource management and operation handling within the specific firm that is hiring the candidate.
In India, an MBA Operations graduate from any of the reputed B-schools can get a starting annual salary package of around INR 8 to 15 lakhs. Candidates from other institutes can earn an initial annual package of INR 2.5 to 12 lakhs. Mid-level professionals can earn an annual salary of INR 20 to 30 lakhs with a few years of working experience, whereas the payscale of senior-level professionals can go up to INR 80 lakhs annually.
As we can see in the infographic (mentioned above) the career opportunities after MBA Operations Management is mainly populated by the males. Whereas, only 27.3 per cent of the total MBA Operations Management jobs are procured by female graduates.
Major employment areas after completing MBA in Operations Management degree:
Operations Executive | Assistant Manager |
Deputy Manager | Area Operations Manager |
Operations Manager | Plant Manager |
General Operations Manager | Manufacturing Consulting Managers |
Process Reengineering Manager |
What Jobs are Available for MBA Operations Management graduate?
There are a number of managerial job positions that both a fresher and experienced professional can get their hands on after MBA Operations Management. It depends upon your capabilities, your college record, your skills, and your experience.
Some of the top job designations for MBA Operations Management graduates are mentioned below:
Job Designation | Description | Average Salary (in INR) | Top Recruiting Companies |
---|---|---|---|
Supply Chain Manager | Purchasing services and goods for the organization | 6 - 12 LPA | Accenture, MEIL, L&T, KPMG etc. |
Logistics Manager | Implementing and managing supply chains | 6 - 10 LPA | ICICI Lombard, Flipkart, HDF Bank, etc. |
Consultant | Planning and recommending operational changes | 3 - 8 LPA | IBM, Casting Networks, EY, etc. |
Inventory Control Manager | Creating and perfecting plans to minimize inventory cost and maximize customer satisfaction | 4 - 10 LPA | Randstad, Optum Global, Myntra, Amazon etc. |
Therefore, MBA students must take their summer project and industry training very seriously to reflect what they have done, in their CVs; which helps them to get better job opportunities, across various sectors.
Private jobs for MBA Operations Management
The job of an MBA in Operations Management revolves around process analysis, productivity, responsiveness and quality of the product/service. Operations Management MBAs are hired by top private companies due to their cost-effectiveness and target acquisition capabilities.
Some of the top companies that hire MBA operations management graduates are mentioned below in a tabulated format along with the average salary offered.
Name of the Organization | Salary |
---|---|
The Boeing Company | 8.7 LPA to 13 LPA |
Amazon.com Inc | 8.6 LPA to 10 LPA |
IBM | 3 LPA to 8 LPA |
ICICI Lombard | 6 to 10 LPA |
Medtronic Inc | 5.8 LPA to 18 LPA |
General Electric Co. (GE) | 4.8 LPA to 20 LPA |
Accenture | 6 LPA to 12 LPA |
Ford Motors | 9 LPA to 20 LPA |
Most of these companies, unlike government organizations, hire freshers to get the job done. This is because they have enough capital to invest in a management trainee to make them skilled and ready them for their future endeavours.
Government Jobs for MBA Operations Management Graduates
Those with a suitable degree or diploma in operations management can find government job opportunities in a number of sectors such as -
- Shipping companies
- Air cargo companies
- Outsourcing industry
- Distribution channel
- Printing and publishing
- Banking
- Insurance
- Transportation and other logistics
- Project management
- Construction
- Manufacturing
- Coal
- Petroleum refinery
- Mining
Apart from the above-mentioned sectors, an MBA in Operations Management may also look for job opportunities in Pharmaceutical and other tech-related companies. Government organizations also accept applications for the role of Assistant Professor in the area of Operations Management.
Interested candidates who wish to go for government jobs after pursuing an MBA in Operations Management are advised to visit prepp.in for any information regarding the same.
FAQ
Ques: What is the scope of Operations Management MBA?
Ans: MBA Operations Management has gained significant popularity within recent years as companies have started to realize the importance of the operations management department in an organization. Operations Management graduates can work as an Operations Manager, Plant Manager, Process Manager, etc. The initial paychecks may seem low but a few years of experience will be able to fix that.
Ques: Is MBA Operations Management any good?
Ans: MBA Operations Management provides an excellent career path if you want to be accustomed to a range of operations related to organizational management. Masters in Business Administration (MBA) in operations management students are equipped to work in supply chain design, logistics and management sectors of an organization.
Ques: Is MBA Finance better than pursuing an MBA in Operations Management?
Ans: It totally depends on your skills and areas of interest. Although MBA Finance is always preferred over any other specializations because of its high ROI.
Ques: What is the salary of an Operations Management MBA?
Ans: An MBA Operations Management gets an average salary of INR 11 lakhs per annum which is bound to increase with an increase in knowledge and experience.
Ques: Which MBA specialization offers the highest salary package?
Ans: MBA in Finance, MBA in Marketing and MBA in Entrepreneurship are the topmost sectors where the students get fat paychecks. The initial salary after completing these course from any of the renowned B-school may linger around 6 LPA to 12 LPA. However, institutions like IIM offer an initial salary package of 18 LPA to deserving students.
Ques: Which IIM is best for pursuing an MBA with Operations Management?
Ans: Best colleges for pursuing Masters of Business Administration (MBA) in Operations are as follows - NITIE, SJSOM (IIT Mumbai), IIM Calcutta, IIM Ahmedabad, etc.
Ques: What kind of job profiles are available after MBA Operations?
Ans: MBA graduates with a specialization in Operations Management can work in - Supply Chain Management, Product Planning, Inventory Management, Production Management Logistics, Shop Floor Management, Quality Control, Plant Manager, etc.
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