The post graduate diploma in Material Management is a 2-3 year postgraduate level course which can be pursued by candidates either full time or correspondence that offers eligible candidates specialization in a wide range of management skills, while at the same time building competence in a particular area of business.
The duration of the full time course is 2 years while correspondence is for 3 years.
In order to be eligible for the course the candidate must have completed their graduation or diploma in a relevant field from a recognised college/ university.
The admission for post graduate diploma in material management is entrance exam based, the candidate has to clear either of the entrance exams like CMAT, XAT, etc
See Also: PGD in Material Management
The important subjects taught in post graduate diploma in material management course include principles of management and organisational behaviour, packing and distribution management, total quality management(TQM), Quantitative techniques for management, managerial economics, corporate communication, strategic management and human resource management.
PGD in Material Management: Course Highlights
| Course Level | Post graduation Diploma |
| Course name | Post graduation diploma in material management |
| Duration | 2-3 year |
| Examination type | Semester wise |
| Eligibility | successful completion of graduation degree or diploma from a recognised university with minimum of 60% score |
| Admission Process | Entrance exam followed by counselling and personal round of interviews |
| Course Fee | INR 25,000 - INR 90,000 |
| Average Salary | INR 5,00,000 - INR 7,00,000 |
| Top Recruiting Companies | Hindustan Unilever, Pepsico, ITC, Marico, TATA group, Reliance, Future group, coca cola, samsung, whirlpool, Idea, IBM, P&G |
| Job Positions | Supply Chain manager, Warehouse manager, purchase manager, strategic planner, material analyst, material manager, commodity manager, sourcing manager. |
| Top recruiting sectors | Fast Moving Consumer Good (FMCG), Manufacturing, Export and Import, Retail |
PGD in Material Management: Eligibility
The minimum eligibility for candidates who want to pursue post graduate diploma in material management is as follows :
- The candidate must have completed their 10+2 in any field of Science, Commerce or Humanities from a recognised school which is affiliated to a central or state board.
- The candidate must have successfully completed their graduation in the field of BBA/ B.com/ Btech etc. from recognised college or university.
- The candidate must have scored 60% in their last qualifying exam.
- The candidate must have successfully passed either the common entrance exam or university’s own entrance exam.
Apart from these the eligibility criteria may vary from one college to another and accordingly candidates are required to meet the same for the purpose of getting enrolled in the college.
PGD in Material Management : Admission Process
The admission procedure for post graduation diploma in material management varies from one college to another, while some colleges give direct admission considering the scores of graduation and there are many other colleges where candidates have to appear for either the common entrance exams or university/college’s own entrance exam followed by counselling and personal interviews.
| Exam Name | Exam Details |
|---|---|
| CAT | Check Here |
| MAT | Check Here |
| SNAP | Check Here |
| IIFT | Check Here |
| IBSAT | Check Here |
| CMAT | Check Here |
| MAH CET | Check Here |
| NMAT | Check Here |
| ATMA | Check Here |
| XAT | Check Here |
| TISSNET | Check Here |
| TANCET | Check Here |
PGD in Material Management: What is it all about?
The postgraduate diploma in material management is a management course designed specially to inculcate the knowledge of material management which is a function of management that deals with inventory management, value analysis, storekeeping, maintenance of inventory at hand and as well as which is under the process. The aim of Material management is to support and make sure that the smooth flow of materials from the place of purchase and production to planning and controlling of work in progress at the warehouse, shipping till it gets transformed into final product and is finally sent off for distribution.
The course gives extensive theoretical as well as practical exposure to the candidates to general subjects along with a pool of specialist subjects like stock management, inventory management, demand and supply chain management and delivery management, from where they can choose their specialization field.
The course can be pursued full time or through correspondence depending on the choice and requirement of the candidate. While the duration of the full time course is 2 years, the post graduate diploma in material management is a 3 year course through correspondence.
The fees of the post graduate diploma in material management ranges between INR 25,000 to INR 90,000. With the huge demand in the industry the course is lucrative for anyone who is planning to move upwards in the manufacturing industry.
Why Study PGD in Material Management ?
The post graduate diploma in Material Management has become one of the most promising courses because of the following reasons :
- It opens up great career opportunities in the management functions related to stock management, inventory management, demand and supply chain management and delivery management.
- It has lucrative pay in both public and private sector organisations
- On successful completion of the post graduate diploma in material management, the candidates can move up the career ladder or can also switch careers easily in the field of manufacturing and material management.
- As the manufacturing industry is supposed to rise worldwide, there is demand for people who can handle supply chains tremendously. This has increased the need for material managers who can move products in a smooth manner along with cutting the costs short.
PGD in Material Management: Syllabus
The syllabus for the course post graduate diploma in material management differs from one college to another.
| Semester 1 | Semester 2 |
|---|---|
| Nature of management | Foundation of Economics |
| Planning and Decision Making | Market and Pricing |
| Organising | Sectoral Economics, Banking and Finance |
| Controlling | Role of Government and Government policies |
| Motivation | Economic Indicators and Measurement |
| Working in Groups | Business and its Environment |
| Leadership | Concept of supply and demand |
| Effective Communication | Overview of financial management |
| Developing Excellence | Understanding Financial statements and cash flow |
| Manpower planning and development | Valuation of future cash flow |
| Human Resource Development concepts | Valuing stocks and bonds |
| Human Resource Management | Capital budgeting |
| Employee relations and trade unions | Long term and short term financial management |
| Industrial Laws and Legislative Framework | - |
| Semester 3 | Semester 4 |
| Foundation of organisational behaviour | Introduction to Business Environment |
| Individual behaviour | Economic Liberalisation |
| Learning | Privatisation |
| Values, attitudes and job satisfaction | Globalisation |
| Emotions and perception | Industrial Policy |
| Work motivation | Public Sector |
| Group behaviour and team work | Financial Environment |
| Leadership | Balance of Payment |
| Transactional Analysis | Foreign Direct Investment in India |
| Conflict management | International Bank for Reconstruction and Development world bank |
| Power and politics | World Trade Organisation |
| Organisational structure | The International Monetary Fund (IMF) |
| Organisational change | Factors of Global competitiveness |
| Stress management | - |
PGD in Material Management Top Colleges
| Name of Institute | Average Fees |
|---|---|
| MIT School of Distance Education | INR 27,000 |
| MIT School of Distance Education | INR 35,000 |
| Indian Institute of Materials Management | INR 47,150 |
| Indian Institute of Materials Management | INR 45,000 |
| Indian Institute of Materials Management | INR 43,550 |
| Indian Institute of Materials Management | INR 45,000 |
| MIT School of Distance Education | INR 27,000 |
PGD in Material Management Jobs
After the completion of the post graduate diploma in Material Management there are ample of career options which open up for the candidates. There are attractive pay packages in both private and public sectors.
Candidates can work as any one of the following :
- Supply Chain manager
- Warehouse manager
- purchase manager
- strategic planner
- material analyst
- material manager
- commodity manager
- sourcing manager.
Along with career options, the candidates also get opportunity to work with different industries namely
- Manufacturing
- Retail
- Fast Moving Consumer Good or FMCG
- Logistics
The top recruiters who are always on the search of people who have a post graduate diploma in Material Management
- Hindustan Unilever,
- Pepsico
- Amazon
- Flipkart
- ITC
- Marico
- TATA group
- Reliance
- Future group
- Coca Cola
- Samsung
- whirlpool
- Idea
- IBM
- P&G
Some of the job profiles with salary are mentioned below:
| Name of Job Profile | Description of what roles does the particular person has to ply | Average salary in INR |
|---|---|---|
| Supply Chain manager | Oversees and manages every stage of production flow for efficient operations from buying the product’s raw materials till its final delivery. They keep track of logistics and look after inventory. | 3,45,000 - 5,00,000 |
| Warehouse manager | Supervises all the activities of the warehouse. They process orders, oversee team performances, receiving and shipping of goods, ensuring efficient and organised storage of all the inventory and checking all the stock is safe and as per the standardisation | 4,80,000 - 5,20,000 |
| Purchase Manager | The job of the purchase manager is to develop and implement strategies related to daily purchasing activities,supervising staff and allocating tasks. Further they oversee that all the supplier database is taken care of and relations with them are intacted | 7,00,000 - 8,00,000 |
| Strategic Planner | Works on designing the business strategies by closely analysing the existing strategies pertaining to the present plans. Their work also involves researching and analysing data related to the clients for making an informed choice for the client itself. | 9,00,000 - 10,00,000 |
| Material Analyst | Take the stock of inventory now and then to check that organisation’s inventory is up to date. They also make sure that the flow process is smooth by providing the materials used into the process. | 3,60,000 - 4,80,000 |
| material manager | The job of the materials manager is to keep a check on every detail which is happening with the material management process. They ensure all the activities are carried out as per the standards which meet the demand of the clients | 9,00,000 - 10,00,000 |
| Commodity Manager | Takes care of the particular commodity of the stock which is a part of the company's bigger supply chain process. | 6,30,000 - 7,00,000 |
| Sourcing Manager | Analyse and take out estimation of cost of procurement in order to suggest best strategies that will reduce the entire cost. | 8,30,000- 9,40,000 |
PGD in Material Management :FAQs
Ques: What is Material management ?
Ans: Material management is a function of management which deals with inventory management, value analysis, storekeeping, maintenance of inventory at hand and as well as which is under the process.
Ques: What is Post diploma in material management all about ?
Ans: The post graduate diploma in Material Management is a 2-3 year postgraduate level course, where the candidates are taught subjects like principles of management and organisational behaviour, packing and distribution management, total quality management(TQM), Quantitative techniques for management, managerial economics, corporate communication, strategic management and human resource management in order to give them an holistic knowledge of how things are done.
Ques: What are the other entrance exams except CAT for admission in post graduate diploma in material management ?
Ans: To enroll in the post graduate diploma in material management the candidate has to pass the entrance exam. Common Entrance exams other than CAT are XAT, CMAT, etc while there are some reputed colleges who conduct their own entrance exams.
Ques: What are the career options after pursuing the postgraduate diploma in material management course ?
Ans: After completion of the course the candidates can either move the ladder of their existing jobs or make a shift in career and choose to become Supply Chain manager, Warehouse manager, purchase manager, strategic planner, material analyst, material manager, commodity manager, sourcing managers per their area of specialization and interest
Ques: Is MBA in Material management and Post Graduate Diploma in Material management same ?
Ans: While MBA is a 2 year full time degree, the post graduate diploma is a 2-3 year diploma which can either be done full time or part time depending on the needs and interests of the candidates.
Ques: How much does a person with a post graduate diploma in material management make?
Ans: The salary package ranges between INR 4,00,000 to INR 10,00,000 depending on the job role and experience of the person.
Ques: What are the sectors recruiting candidates who have successfully completed their post graduate diploma in material management ?
Ans: Sectors like manufacturing, Fast moving consumer goods (FMCG), Exports and Imports, and others having huge stock management have high requirements for candidates with post graduate diploma in material management.
Ques: Do big brands hire people with post graduate diploma in material management ?
Ans: Yes! Big brands like Hindustan Unilever, Pepsico, ITC, Marico, TATA group, Reliance, Future group, coca cola, samsung, whirlpool, Idea, IBM, P&G prefer to hire professionals with post graduate diploma in material management.
Ques: What is a better MBA in material management or Post graduate diploma in material management ?
Ans: Every course has its own pros and cons. Depending on the needs of the candidate they can either opt for MBA or Postgraduate Diploma in Material management. Though MBA is more of a theoretical while a post graduate diploma in material management is more practical and relevant as per the job market is concerned.
Ques: How much does a post graduate diploma in material management course costs ?
Ans: The fees of the post graduate diploma in material management varies from college to college. The fees of the course ranges between INR 25,000 TO inr 90,000.
![Annamalai University - [AU]](https://images.collegedunia.com/public/college_data/images/appImage/25868_ANNAMALAIU_APP.jpg?tr=h-150,w-320,c-force)
![Annamalai University - [AU]](https://images.collegedunia.com/public/college_data/images/logos/1394440386Annamalai University.png?tr=h-30,w-30,c-force)
![Indian Institute of Materials Management - [IIMM]](https://images.collegedunia.com/public/college_data/images/appImage/17883_IIMM_New.jpg?tr=h-150,w-320,c-force)
![Indian Institute of Materials Management - [IIMM]](https://images.collegedunia.com/public/college_data/images/logos/1501745316logo.edt.png?tr=h-30,w-30,c-force)
![Advanced Institute of Management - [AIM]](https://images.collegedunia.com/public/college_data/images/appImage/45013_AIMDNCR_APP.jpg?tr=h-150,w-320,c-force)
![Advanced Institute of Management - [AIM]](https://images.collegedunia.com/public/college_data/images/logos/col45013.jpg?tr=h-30,w-30,c-force)
![H.B. Institute of Communication and Management - [HBICM]](https://images.collegedunia.com/public/college_data/images/appImage/1501914958BhartiyaVidyaBhawan.jpg?tr=h-150,w-320,c-force)
![H.B. Institute of Communication and Management - [HBICM]](https://images.collegedunia.com/public/college_data/images/logos/col7358.jpg?tr=h-30,w-30,c-force)
Comments