Concepts, problems and techniques applicable to the operations of a variety of business organizations. The emphasis is on decision making (to include business ethics) in operational areas such as:
facility requirements and utilization, control and coordination of resource inputs and outputs, types of transformation/conversion processes, and performance measurements.
Matching supply with demand is an enormous challenge for firms: excess supply is too costly, inadequate supply irritates customers. In the course, we will explore how firms can better organize their operations so that they more effectively align their supply with the demand for their products and services. Throughout the course, we illustrate mathematical analysis applied to real operational challenges — we seek rigor and relevance. Our aim is to provide both tactical knowledge and high-level insights needed by general managers and management consultants. We will demonstrate that companies can use (and have used) the principles from this course to significantly enhance their competitiveness.
- To provide an introductory course in Prodn/Opns. Management.
- To present the student with an overall view of the decision-making process as it relates to the major areas of Production/Operations Management.
- To place the historical development of Prodn./Opns. Mgmt. Techniques in their perspective by discussing the evolution of principles that make it possible to design facilities, processes, and control systems with a degree of predictability as to their performance.
- To present the principles of operations economies (how to employ labor materials, machines, and capital) in a balance to match the changing relative values of the basic components.
- To develop (through the use of computer projects, problems, cases, and discussion questions) a degree of competency in controlling the operations system that are designed, so that products and services may be made to meet quality standards, and be available when needed, at a cost which may be predicted with some degree of accuracy.
- To emphasize the concept that Prodn./Opns. Management is not represented by any one of its component fields (commerce, economics, science, and technology) but that it is a delicate blend of them all; that the concept of operational systems embrace integrated systems as a whole, not segments of a system.
- To expose the students to the use of the computer packages in solving a few operational problems such as scheduling, forecasting, inventory control, project management, MRP, etc.
Top 10 Colleges offering Operations & Power Management in India : -
1. Faculty of Management Studies - New Delhi, Delhi
2. Xavier Institute of Management and Entrepreneurship - Bangalore, Karnataka
3. Sardar Patel University - Vidyanagar, Gujarat
4. Indian Institute of Management - Bangalore, Karnataka
5. Amity School Of Distance Learning - Noida, Uttar Pradesh
6. Rajdhani College of Engineering and Management - Bhubaneswar, Orissa
7. Govindram Seksaria Institute Of Management and Research - Indore, Madhya Pradesh
8. Global Institute Of Management - Bhubaneswar, Orissa
9. Loyola Institute of Business Administration - Chennai
10. International School of Management & Research - Pune
Pay scale for operations managers depends on factors such as qualification, efficiency, job profile, knowledge, skills and experience. For a fresher in this field he/she can earn a salary of Rs.15,000 to Rs.20,000 per month, whereas for a person with 2-3 years of experience can earn even higher.
The profile of a product manager has a lot of promising combinations. As a product and operation manager one can work in an industry which focuses on brand management and development. On other hand one might find himself in a business setting where he/she cultivates a smaller group of customers very well.
Product and operation managers typically earn lucrative salaries depending on factors such as qualification, job profile and experience. Product management is considered as a fast track career because of its extensive requirements. The sum of products that bring in major revenue determines the number of product managers required by a company.
Some job Profile in this field : -
- Retail Manager
- Antique Dealer
- Betting Agency Manager
- Hair or Beauty Salon Manager
- Post Office Manager
- Travel Agency Manager
UG: -
For admission into bachelor’s degree program a student must pass higher secondary education or 10+2 with a minimum 50% marks from a recognized university / institution. The duration for this program is of 3 years.
PG: -
For admission into master’s degree program a student must have a bachelor’s degree or equivalent in any discipline from any recognized University/ Institute/ College. The duration for this program is of 2 years.
Eligibility Criteria for Advance Diploma Courses: -
For admission into Advance diploma course a student must have a higher secondary education or 10+2 or equivalent. The duration of this program is of 6 months to 1 year.
Eligibility Criteria for Diploma Courses: -
For admission into Diploma course a student must have a higher secondary education or 10+2 or equivalent. The duration of this program is of 6 months to 1 year.
