Master of Business Administration [MBA] (Operations Management) From ICFAI University Tripura, West Tripura

Master of Business Administration (MBA) in Operations Management is a 2  year Post Graduate Program. People with a Bachelor’s Degree in any stream with a minimum of 55% marks or equivalent CGPA from a recognized university can apply for this program.

All top Management Institutes in India offer an MBA program in Operations Management. Operations forms an integral part in the function of an organization and hence MBA in Operations Management is considered a valuable degree.

The average fee for an MBA program in Operations Management ranges from 4 Lakh INR to 17 Lakh INR.

An MBA in Operations Management in India, at entry level, can earn anything between 3 Lakh INR to 12 Lakh INR per annum. Top recruiters include Ernst & Young and Amazon India.

Though the number of students opting for an MBA in Operations Management is less in comparison to those opting for an MBA in Finance or an MBA in Marketing, the program has its own takers. About 10% of total enrolments in MBA programs are in the fields related to Operations Management.

To apply for the program, a candidate must have a Bachelor’s degree in any stream. However, a bachelor’s degree alone is not sufficient and you need to clear one of the various exams conducted by management institutes.

Some of the exams conducted for admission to Management Institutes are:

For top rated institutes like the IIMs, cut off is 90-99 percentile. For admission through CMAT, a decent score is anywhere between 250-300.

What is Operations Management?

Operations Management is chiefly concerned with the planning, organizing and supervising aspects of production and manufacturing. The roles associated with Operations Management are generally delivery focused. People in such roles have to ensure that an organization turns resources and raw materials into final products efficiently. Operations Management deals with a wide range of decision making tasks such as forecasting, product designing, supply chain processes, inventory, maintenance, and quality management.

What are the skills associated with an MBA in Operations Management?

Since Operations Management is related to planning and execution, it requires a careful blend of creative and analytical skills. An MBA in Operations Management must be adept in organizational ability to carry out a seamless

Where to study?

There is no dearth of Management Institutes in India but for a promising career a candidate should opt for institutes which have made a mark in the industry in terms of faculty, courses, infrastructure and placements. Below is a list of some of the top institutes for MBA in Operations Management:

• Xavier Labour Research Institute, Jamshedpur
• Indian Institute of Management, Bangalore
• Indian Institute of Management, Calcutta
• National Institute of Industrial Engineering, Mumbai
• SP Jain Institute of Management and Research, Mumbai
• Symbiosis Institute of Operations Management, Nashik
• Indian School of Business, Hyderabad
• Indian Institute of Management, Lucknow

Duration of the Program

The program is of 2 years duration and each year is divided in either 2 or 3 terms/semesters. For Distance mode of education the minimum duration of the program is 2 years and maximum duration to complete the essential requirements is 4 years. For Executive program, the duration is 1 to 2 years. 

Aspirants seeking admission to 2 years Full-time MBA Program should meet the following criteria as specified by the institute.

Academic Requirement:

Candidate must have passed in Graduation in any discipline with minimum 45% (40% in case of SC/ST/ OBC) aggregate marks

Entrance Exam:

Candidates must qualify one of the following entrance test - CAT / XAT / MAT / CMAT

Fee Structure:

• Domicile Fee: Per Semester Rs. 65,000
• Non- Domicile: Per Semester Rs. 75,000