Scope of MBA in Logistics and Operations Management
Before talking about the scope of MBA in Logistics and Operations Management, let us see that what exactly Logistics and Operations Management contain. Operations Management is the function of managing the operating core of an organisation: the activities associated with creation, production, distribution and delivery of the organisation’s goods and services. And the MBA programme in Logistics & Operations seeks to provide Indian organisations the knowledge base relating to this operating core, to help them become domestically and internationally competitive.
Work of MBA operations is procurement and materials management, analysing and assessing the movement of materials and services, development of information system, manufacturing planning, inventory control, logistics management and Supply chain management.
Now, coming on to the scope, the logistics and supply chain come under the future growing sector as India is expected to improve in this field widely. Since logistics management includes wide range of activities; hence there are numerous job opportunities after successfully completed MBA in Logistics. Any business with the aim to evolve cannot overlook the importance of logistics in business operations. It is logistics that supervise the transportation and distribution of goods, materials and all other commodities. After earning an MBA in Logistics & Operations, your career opportunities are set to broaden. You would easily get opportunities to work in planning and policymaking, motivation, evaluation, product development and inventory control. If your company large enough, you could focus on overall management or on a small specific area of the supply chain. Supply chain and logistics MBA graduates get to work as general operations managers, logistics engineers who coordinate the flow of materials, information, and products for an organization. Also, you can work in manufacturing development and operations managing in production planning, forecasting, etc.
Now coming on the salary, an operations manager can earn anything between Rs 4-12 lakh a year while the figures for a senior operations manager are Rs 6-16 lakh. If a career in Supply Chain Management & Logistics interests you, there are a number of colleges which you can join both in India and abroad like Cranfield University School of Management (UK), MIT – School of Engineering, Cambridge, USA, IIM- Ahmedabad, IIM- Bangalore, IIM- Calcutta, FMS- New Delhi, Jamnalal Bajaj Institute- Mumbai, IIFT- New Delhi and many more.
You can have admission in MBA in Logistics and Operations Management only when you fulfil the following eligibility criteria:
- You should have at least 50% marks in aggregate at Secondary and Senior Secondary level.
- You should be a graduate with at least 50% marks from a recognized university or institution.
- You should get bachelor’s degree in computer or business field.
Other than these eligibility requirements you should also have some skills like
- Ability to work under extreme work pressure
- Dedication and team spirit
- Good communication skills
If you have interest in MBA in Logistics and Operations Management and think that you fulfil the eligibility conditions and have the adequate skills then this field is certainly for you.