IGNOU
- Fees: ₹ 64000
What is Operations Management
Operations Management is the process of administration of business practices to create the highest level of efficiency. The main concern of Operations Management is to convert the materials into goods and services efficiently. The term Operations Management comprises planning, implementing, and also supervising the production of goods and management and also looking after the management. The professionals working in this field have to look after the production as well as management of the goods and services.
Operations Management is a course that deals with various areas related to business and its procedures. The individuals who are interested in learning about the field of business and also corporate life, then a career in operations management is a great choice for you. Once the course of Operations Management is completed, the candidates are hired in various job profiles such as Operations Manager, Account Manager, and Security Officer. The candidate gets in-depth knowledge about the subjects and gets thorough with the course.
Eligibility Criteria (UG & PG) of Operations Management
The minimum eligibility criteria to pursue Operations Management course is a minimum aggregate of 50 per cent or equivalent from a recognised college or university.
For Undergraduates:
The minimum eligibility criteria to pursue this course as an Undergraduate is a 10+2 pass in any relevant stream with a minimum of 50 per cent marks or equivalent.
Some of colleges or universities have merit-based admission processes while some conduct entrance examinations.
For Postgraduates
The candidate should have a qualified bachelor’s degree from a recognised institute or university with a minimum aggregate of 50 per cent marks or equivalent.
The candidate should pass the entrance examination, if any, conducted by the institute or university to grant admission to the candidate.
Entrance Exams
The candidates who wish to pursue this course have to appear for entrance examinations conducted by colleges to procure admission. Some of the entrance examinations are:
CAT - Common Admission Test is an entrance examination that is conducted to procure admission in a management program. It is an online examination for which the candidate has to appear for
XAT - Xavier Aptitude Test is an entrance examination that is conducted to obtain admission in MBA/PGDM programs. B-schools accept XAT scores for admission.
MAT - Management Aptitude Test is an aptitude test that is conducted in India. The scores obtained in this examination are accepted by business schools across India.
CMAT - Common Management Admission Test is an entrance examination conducted at a national level to procure admission in management programmes.
College Predictors VIEW ALL
Scope of Operations Management in India and Abroad
Operations Management is a course that deals with the area of management and also looks after operations. The scope of this field keeps increasing by providing career opportunities to individuals. Operations Management course helps the individual in understanding the planning, coordination and also supervision of production as well as manufacturing. The candidate has to make sure that he/she understands all the aspects of the course to work in the field simultaneously.
Though the Operations Management course is not known to many people but is considered one of the best courses for exploring career opportunities. Once the individual completes this course, they are hired as Operations Manager and Supply Chain Manager. Therefore, pursuing a course in this field is beneficial as it opens the door to many career opportunities. Hence, the scope of this course is growing and expanding not only in India but also in Abroad.
Course Fees Operations Management
| Minimum Fees | Maximum Fees | |||
|---|---|---|---|---|
| Private | Government | Private | Government | |
| UG |
48.50 K
B.Voc. in Operations Management at Bhikaji Cama Subharti Institute of Hotel Management, Meerut
|
78.21 K
B.Com in Operations Management at College of Applied Science, Neruvambram
|
20.62 Lakhs
BBA MBA in Operations Management at School of Business, UPES, Dehradun
|
1.50 Lakhs
B.B.A in Operations Management at DSEU Vivek Vihar Campus, Delhi
|
| PG |
24.00 K
MBA in Operations Management at Global Open University, Dimapur
|
8.00 K
P.G.D in Operations Management at Dr BR Ambedkar Open University, Hyderabad
|
65.90 Lakhs
M.D. in Operations Management at Maharishi Markandeshwar University, Solan
|
1.16 Lakhs
M.M.S in Operations Management at SNDT Womens University, Mumbai
|
| DOCTORAL |
91.00 K
Ph.D in Operations Management at Bengaluru School of Management Studies GITAM, Bengaluru
|
---
Data not available
|
5.75 Lakhs
Ph.D in Operations Management at Woxsen University, Hyderabad
|
---
Data not available
|
| DIPLOMA |
14.90 K
Diploma in Operations Management at Indian School of Business Management and Administration, Kochi
|
4.00 K
Diploma in Operations Management at Tamil Nadu Open University, Chennai
|
2.25 Lakhs
Diploma in Operations Management at Starex University, Gurugram
|
4.00 K
Diploma in Operations Management at Tamil Nadu Open University, Chennai
|
Course Subjects
The subjects included in the course gives the candidate a thorough understanding of the aspects of the course. The subjects covered to give the candidate in-depth knowledge about how operations management works.
Some of the subjects included are:
Operations Management
Operations Strategy
Demand and Business Forecasting
Total Quality Management
Business Process Modelling
The subjects included in the Diploma are:
Managerial Economics
Marketing Management
Operations Management
Entrepreneurship Development
Seminar
Careers in Operations Management
The Operations Management course aims at making the students well-versed with the aspects of the course. The students are made confident in handling the various functions of the organisation. There is a wide scope of career opportunities in this field. The students who are willing to learn about the business model and the operations and management should pursue this course. Pursuing this course, the course opens the door to job opportunities like:
| Construction | Inventory |
| Hospitality | ICICI Lombard |
| Manufacturing and Retail | Flipkart |
| E-Commerce | Amazon |
| Warehousing | Myntra |
The candidates are hired in job profiles such as:
- Operations Manager
- Consultant
- Executive
- Inventory Control Manager
- Logistics Manager
Therefore, the course helps the students to enhance their skills and also makes them confident. Hence, the candidates are hired in various job profiles, and the recruiters are also many in this field of Operations Management.
Upcoming trends
The organisations are modifying the role of Operations Management in the field. Everything these days is available online now, related to which the candidate should make sure that their product is different from others. Operations Management is one of the broad job functions.
They are also responsible for how businesses will run efficiently after the aftermath of COVID-19. To become more competitive in the market, it is important to adopt new upcoming trends and stay updated. Below mentioned are some of the upcoming trends:
Streamlining Organizational Communication
Extreme Efficiency Through Automatisation
Mobile Communication Tools
Upskill Frontline Staff
Improving Demand Responsiveness
Therefore, the employees in the organisation need to keep themselves updated to bring changes in the business. They should keep in mind the ongoing business trends and work accordingly on the new product.
Certifications for Operations Management
Certified in Production and Inventory Management Certified Supply Chain Professional Operational Risk Manager Operations & Performance Management Professional certification Project Management Professional CertificationJob Profiles and Top Recruiters
Operations Management is a course that is pursued by students who have a willingness and interest to know more business, the growth of a business. After getting hired for a job position, you need to meet all the requirements mentioned in the job criteria. Below mentioned are some of the job profiles:
Job Profile | Job Description |
Operations Manager | The main responsibility of the Operations Manager is to plan the sales promotion and execute the plan accordingly. They have to formulate strategies and improve performance. |
Supply Chain Manager | Supply Chain Managers are the ones who keep the track of logistics and update it. They are supposed to collaborate with vendors and look after the operations. |
Logistics Manager | The Logistic Managers have a wide range of responsibilities which include managing warehouse inventory, keeping the records. They are supposed to be very alert while working. |
Executive | Executives are responsible for carrying out the departmental goals, policies, and also procedures. They also look after the organisation’s smooth functioning. |
Top Recruiters
Consulting Firms | Hospitality |
Warehousing | Accenture |
Financial Institutions | ICICI Lombard |
IT Firms | Flipkart |
Retail | L&T |
The above mentioned are some of the top recruiters in Operations Management. The candidate can apply in whichever recruiting area he/she wishes to apply depending on their choice.
Average Salary
The salary package is decided based on the job profile of the candidate. The salary keeps fluctuating depending on the candidate’s performance. The salary is paid to the employee based on their overall performance. It differs from a job profile to another job profile. The salary of some of the job profiles is as follows:
Job Profile | Average Salary |
RS. 6 to 12 Lakhs p.a. (Approx.) | |
Consultant | RS. 3 to 8 Lakhs p.a. (Approx.) |
Operation Manager | RS. 7 to 8 Lakhs p.a. (Approx.) |
Management Trainee | RS. 3 to 4 Lakhs p.a. (Approx.) |
Online Media Analyst | RS. 2 to 4 Lakhs p.a. (Approx.) |
Required Skillset for Operations Management
Every profession requires the candidate to possess certain skill sets to work efficiently in the organisation. The required skill sets in the field of Operations Management are:
Interpersonal Skills - Interpersonal Skills are the skills that are used every day in our daily lives to communicate with people around us. The candidate needs to possess these skills to communicate with the people in the organisation.
Good with Documentation - The candidate needs to possess this skill because they should be able to handle the documentation work of the organisation. He/she has to make sure that documentation is up to date and can be understood by everyone as it is very important in Operations Management .
Leadership Skills - The candidate should have leadership skills to lead his/her team to work efficiently. Therefore, the candidate needs to possess this skill.
Good motivational skills - They should be able to motivate the team members to work in the team accordingly and make sure that the work is done on time. They should be able to encourage team members.
Strong Negotiation Skills - The negotiation skills allow the parties to compromise, and the candidate should be able to negotiate with the party. He/she should be able to negotiate accordingly. The candidate should possess this skill because this is the first step to become a strong negotiator.
Course Curriculum for Operations Management
The course curriculum of Operations Management courses encompasses lectures, presentations, discussions, and assignments. The student should study the subjects thoroughly so that it helps them to understand the course properly. The course curriculum for Operations Management includes:
Production Management
Project Management
Enterprise Resource Planning
Operations Research
Inventory Control
Popular Operations Management Entrance Exams in India
Popular Operations Management Colleges in India VIEW ALL
BRAOU Hyderabad
- Fees: ₹ 8000
Jain University
- Fees: ₹ 150000
SRM Institute of Science and Technology, Vadapalani Campus
- Fees: ₹ 600000
- Exams: SRMJEEM
CMJ University, Shillong
- Fees: ₹ 120000
Frequently Asked Questions (FAQs)
Question: What is the scope of Operations Management?
Answer :
The course is not well-known, but in recent years, individuals are applying for the course and gaining knowledge about the same. The organisations have also started realising about the importance of professionals in the field.
The scope of this course keeps expanding with giving career opportunities to the individuals. The need for professionals is also increasing day-by-day simultaneously.
Question: Is a course in Operation Management good?
Answer :
Yes, a course in Operation Management is good because if you’re someone who wishes to learn about business, operations and also the management, then a career in Operation Management is the best choice for you.
The course opens the door to many career opportunities giving the candidate a wide scope about the course as well as career.
Question: What are the job profiles in this field?
Answer :
After the successful completion of the course, the candidates are hired in various job profiles such as Consultant, Operation Manager, Supply Chain Manager, Executive, and Online Media Analyst. The candidate needs to fit in the criteria given by the organisation to increase the chances of getting hired. The candidate should be well-versed with the subjects and also possess the skill required in the job profile.
Question: After the completion of a course in Operations Management . Where can I apply for a job?
Answer :
The course aims at making the students well-versed with the aspects of the course. The students are made confident in handling the various functions of the organisation. There is a wide scope of career opportunities in this field. The students who are willing to learn about the business model and the operations and the management should pursue this course of Operations Management.
You can apply in various organisations such as ICICI Lombard, Amazon, Flipkart, Myntra, Hospitality, and Warehousing.
Question: Is there any chance that without appearing for the entrance examination, admission is granted?
Answer :
Yes, certain institutions grant admission to MBA courses based on the percentile scored in the previous degree. But such institutions conduct Group Discussions and Personal Interviews. Therefore, it is very important to give a personal interview and also be present for group discussion. Also, some institutions give admission, which falls under Management quota.
Question: Which is a better course MBA in Rural Marketing or MBA in Operations Management ?
Answer :
There is nothing such as a better course. It depends on the candidate’s interest and skills. It depends on the candidate that they are willing to pursue which course. Although, both MBA in Rural Marketing or MBA in Operations Management is not well known, the candidate is free to make a choice.
Questions related to Operations Management
Showing 297 out of 297 Questions
15 Views
Hi Iam an Agriculture graduate with work experience in procurement and warehouse management.Iam planning to do PGDM in Operations management from SCDL.Is it a good option for my career or should I choose PGDM in Agri business management.
16th Oct, 2024
If you are interested in operations and you do enjoy your work as Procurement and warehouse management then you should do pgdm in operations management.iif you are choosing this you can get help to grow by your experience as both are important parts of a supply chain.The operations ladder you know can lead you upto being the COO of a company.
In india there are many top institute for operations management they are
- IIM Banglore
- IIM Lucknow
- New Delhi Institute of Managment
- NITIE Mumbai
- SJMSOM IIT Bombay
- DMS IIT Delhi
- FORE School of Management
Now coming to pgdm in agri business it is also good opportunity but you need to start from scratch and it takes time to move to top position.you can get job position like accounting, finance, and banking, as well as controlling seed yield, farm management, global marketing, and retail sales in agriculture.decision is yours make the most of it ..
Answer later 5 Views
hello i have 656 rank (OM) in 12th paramedical cources e.g (X ray ecg )etc can i am able for govt college in kashmir plx ans. i am from kashmir pl
20th Aug, 2024
Hello aspirant,
Considering a rank of 656 (OM) in 12th paramedical courses,
there's a good chance of securing a seat in a government paramedical college in Kashmir
. However, the specific college and course you get will depend on the factors mentioned above.
Here are some of the recommendations for you:
1. Research Colleges:
Gather information about different government paramedical colleges in Kashmir, their course offerings, and previous year cutoffs.
2. Check Counseling Process: Understand the admission process, including document verification, counseling rounds, and seat allotment.
3. Prepare for Counseling: Have all necessary documents ready to avoid last-minute hassles.
4. Explore Other Options:
While the chances look promising, it's wise to explore other options (private colleges, other states) as a backup plan.
I hope this information helps.
11 Views
Given that I graduated in 2022 with a Bachelor of Commerce degree and currently work in the operations field at Genpact, which online MBA colleges in India are the best under two lakhs? Could you recommend the top three?
28th Jul, 2024
Here are three top online MBA colleges in India that offer programs under two lakhs:
1. IGNOU (Indira Gandhi National Open University)
Program: MBA
Duration: 2.5 years
Approximate Fees: Around rupees 37,800
Recognized by UGC, flexible learning schedule, well-established distance learning institution.
2. Amity University Online
Program: MBA
Duration: 2 years
Approximate Fees: Around rupees 1.75 lakhs
Industry-oriented curriculum, interactive learning, global recognition.
3. Symbiosis Centre for Distance Learning (SCDL)
-Program: Post Graduate Diploma in Business Administration (PGDBA)
- Duration: 2 years
Approximate Fees: Around rupees 50,000 to 60,000
These institutions are known for their quality education .
18 Views
I have got waiting list 73 in the first list Can I get seat for SIOM nashik agribusiness and operations. Please let me know
7th Mar, 2024
Hello,
Hope you are doing great.
Answering to your question ,
The likelihood of your acceptance hinges on the number of withdrawals during the current academic year. It's not feasible to assess this based on past academic years. It's advisable to reach out to someone at the college for more information on the current situation. Alternatively, exercise patience and await the release of the second list, which will be available soon. Thank you.
Hope this helps!!
3 Views
Question : Anglo India Ltd. has an Operating Profit Ratio of 10%. To maintain this ratio at 15%, management may ____________.
Option 1: Increase selling price of Stock in-trade.
Option 2: Reduce Cost of Revenue from Operations.
Option 3: Increase selling price of Stock-in-Trade and to reduce Cost of Revenue from Operations.
Option 4: None of the above
27th Jan, 2024
Correct Answer: None of the above
Solution : Answer = All of the above
If S.P. increases, the cost of Revenue from operations Reduces, firm's Net profit will improve. So, in all cases, ROI would increase.
Hence, the correct option is 4.
