MBA in Operation Management | All you need to know in 2021 | Top best Colleges, Salary

July 29, 2020September 12, 2020 Career Mantra

MBA in Operation Management | All you need to know before choosing | Top Colleges, Salary

What is MBA in Operation Management?

MBA in Operations management is the organization of strategic approaches to make the most elevated level of effectiveness conceivable inside an association. It is worried about changing over materials and works into products and ventures as productively as conceivable to amplify the benefit of an association. Tasks supervisory crews endeavor to offset costs with income to accomplish the most noteworthy networking benefit conceivable.

Why MBA in Operation Management?

MBA in Operation management look like the highest-impact role for some people in the effective altruism and existential risk communities right now, rather than the roles that might first come to mind, such as research, outreach, or earning to give. Operation Management gets the opportunity to tackle issues day by day while interfacing with individuals from all around the globe. In contrast to funding or showcasing which (while significant) put you more on the frontier, activities the executives permit you to be legitimately engaged with conveying the last item to the buyer.

Scope in Operation Management

MBA in Operation Management the board readies the understudies to deal with various parts of a business. The understudies are consistently a stride in front of the organizations’ needs and consequently, the information, aptitudes, and points of view gained from this course can enable the understudies to leave an imprint by turning into an advantage for the association. MBA in Operation Management is an evergreen order as it builds the odds of employability on the grounds that the understudy/wannabe can get into any assembling industry and would be sufficiently talented to deal with practically all the elements of assembling and creating division.

Process of Admission for MBA in operation management

The student should be graduate in any stream or identical from a perceived college
Entrance Exam followed by Group Discussion/Personal Interview.
Entrance Exams like CAT, XAT, GMAT, ATMA, and so on.

Career Option for MBA in Operation Management

The best piece of this specialization is that it fits the experts hailing from any industry and consequently different alternatives and openings exist for them. The understudy spent significant time inactivity the executives can be a piece of the IT business or that of protection. Money, HR, accommodation, retail, and development are the other accessible choices.

Planning and control of operations
Sustainable supply chain management and logistics
Managing queues for service operations
Revenue management
Decision making and simulation
Six-Sigma quality implementation
Data mining for business

Also, Refer- MBA in Information Technology (IT)

Top Companies for MBA in Operation Management

Amazon
Wal-Mart
Johnson & Johnson
Dell
Deloitte Consulting
Procter & Gamble
FedEx Corporation
Apple
Philips Healthcare
Nike

Colleges for MBA in Operation Management

College Name	Entrance Exam	Fees	Average Placement Salary
Indian Institute of Management Bangalore	CAT	21 Lakhs (Approx.)	24 lakhs
Indian Institute of Management Calcutta	CAT	21 lakhs (Approx.)	25.50 lakhs
XLRI Xavier School of Management	XAT, GMAT	23 lakhs (Approx.)	22 Lakhs
National Institute of Industrial Engineering	CAT	15 lakhs (Approx.)	20 lakhs
S. P. Jain Institute of Management and Research	CAT, XAT	16 lakhs (Approx.)	23 lakhs
Symbiosis Institute of Operations Management	SNAP	8 Lakhs (Approx.)	12 lakhs
Indian School of Business	GMAT, CAT	35 lakhs (Approx.)	20 lakhs
Jamnalal Bajaj Institute of Management Studies	CET, CAT, GMAT	4.5 lakhs (Approx.)	10 lakhs

know more – List of Top MBA Specializations

Indian Institute of Management Bangalore

The Indian Institute of Management Bangalore (IIMB) is a main doctoral level college of the board in Asia. Under the IIM Act of 2017, IIMB is an Institute of National Importance. IIMB has 109 full-time employees, around 1200 students across different degree-allowing programs, and almost 5000 yearly Executive Education members.

Entrance Exam	Fees	Average Placement Salary
CAT	21 Lakhs (Approx.)	24 lakhs

Indian Institute of Management Calcutta

The Indian Institute of Management Calcutta (IIMC) was set up as the principal national foundation for Post-Graduate investigations and Research in Management by the Government of India in November 1961 in a joint effort with Alfred P. Sloan School of Management (MIT), the Government of West Bengal, The Ford Foundation and Indian industry. During its underlying years, a few conspicuous workforce framed piece of its core, including Jagdish Sheth, J. K. Sengupta, among others.

Entrance Exam	Fees	Average Placement Salary
CAT	21 lakhs (Approx.)	25.50 lakhs

XLRI Xavier School of Management

XLRI, the most settled B-school in India, was built up in 1949 by two or three visionary Jesuit Fathers to get a change the economy and society free as a bird. The foundation reliably attempts to be an organization school with a qualification.

Entrance Exam	Fees	Average Placement Salary
XAT, GMAT	23 lakhs (Approx.)	22 Lakhs

National Institute of Industrial Engineering

NITIE is committed to helping Indian organizations to make their quality felt worldwide. NITIE has chosen to go about as a main impetus in the assembling division as well as every single unique segment of the Indian economy. It has adjusted its vision and exercises in accordance with the current and future needs of the Indian economy and its dynamic and developing segments.

Entrance Exam	Fees	Average Placement Salary
CAT	15 lakhs (Approx.)	20 lakhs

P. Jain Institute of Management and Research

Bharatiya Vidya Bhavan’s S P Jain Institute of Management and Research (SPJIMR) is a main school of the board in the core of India’s monetary focus, Mumbai. SPJIMR is a piece of the Bharatiya Vidya Bhavan and capacities as a self-governing organization with enterprising dexterity. It reliably positions among the main ten administration establishments in India.

Initiated in 1981 by the then British Prime Minister, the Late Hon. Margaret Thatcher, SPJIMR’s strategic to Influence Practice and Promote Value-based Growth. It expands on this strategic instructive developments and spearheading programs, cutting an unmistakable way in the executive’s training.

Entrance Exam	Fees	Average Placement Salary
CAT, XAT	16 lakhs (Approx.)	23 lakhs

Symbiosis Institute of Operations Management

Welcome to the Technology and Operations Management region of Symbiosis International (Deemed University). Beneficial interaction Institute of Operations Management (SIOM), Nasik, under the extent of Symbiosis, is a sui generis foundation that targets giving world-class instruction in Operations Management. Established on the vision of “Advancing global comprehension through quality instruction”, SIOM gives esteem based instructive abilities which etch engineers into exceptional business techno – experts on the current serious markets. SIOM is India’s just Institute committed to Operations Management, comprised of a dream of Empowering and Leading Operations Excellence.

Entrance Exam	Fees	Average Placement Salary
SNAP	8 Lakhs (Approx.)	12 lakhs

Indian School of Business

The Indian School of Business (Hyderabad and Mohali), has authoritatively gotten accreditation from the Association of MBAs (AMBA), making it the 100th School on the planet to accomplish the ‘triple crown’ of accreditations from AMBA, EQUIS, and the Association to Advance Collegiate Schools of Business (AACSB).

Triple accreditation, otherwise called ‘Triple Crown’ accreditation, is the blend of accreditations held by only 100 Business Schools around the world (under 1% of all schools on the planet), granted by the three biggest and most compelling accreditation associations

Entrance Exam	Fees	Average Placement Salary
GMAT, CAT	35 lakhs (Approx.)	20 lakhs

Jamnalal Bajaj Institute of Management Studies

The name has consistently been equal with first-class otherworldly quality administration instruction in quite a while for as far back as five decades and an adored workshop of information creation, impregnating the understudies with the significance of the collaboration of sound business hypothesis with close by down to earth applications.

Entrance Exam	Fees	Average Placement Salary
CET, CAT, CMAT	4.5 lakhs (Approx.)	10 lakhs

Conclusion

Thusly Operation Management must need to consider numerous variables while delivering an item. They should settle on a choice to adjust the expense and nature of their item or administration when concluding whether to redistribute, be creative with innovation, or have stock. Additionally to decide to utilize globalization as a procedure for the business. The director needs to comply with every lawful strategy and decide to have or don’t have a business that is corporate socially mindful. The administration of these key components will add to the achievement or disappointment of the business so the chief’s decisions sway huge sums on how their business capacities.

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