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A Guide to PGDM in Operations: Fees, Syllabus, Scope, Salary & More

A Guide to PGDM in Operations

What Is PGDM In Operations?

Operations are the main business function of any organization. For example, in a manufacturing business, the manufacturing of the product, its packaging, and supply to the customers would be termed as operations. Similarly, in a service-based industry, the services and the provision of the services would be termed as operations of that company. In the PGDM in Operations, students get to develop their operations management skills.

Operations can cover a wide variety of functions, based on the industry. Therefore, it can be vastly different. In the PGDM in operations, you will learn to develop fundamental managerial and technical skills that are applicable in all industries, so you become eligible to work in any industry of your choice. The PGDM in operations is a popular course to do after graduation owing to its importance in the professional world and is one of the courses to consider after graduation.

In the following blog, you will find all important information regarding the PGDM in operations course. From the future scope of the course to the professions you can pursue and the salary you can expect, you will get all the information that will help you understand the course, and make a decision on whether or not to pursue it after graduation.

Learn more about PGDM, click here Everything you need to know about PGDM course.

PGDM in Operations Course Highlights

The following course highlights will give an idea about the important aspects of the course. It contains information that will help you understand the importance and scope of a PGDM in operations course.

  • Course Level – It is a postgraduate course.
  • Duration – It is a 2-year course, but many institutes also offer a 1-year course.
  • Examination Type – The PGDM in operations is taught in a semester pattern. Therell be an exam at the end of every semester.
  • Eligibility – You need to be a graduate in a recognised stream with a final percentage of more than 50%.
  • Admission Process – You will have to clear a competitive entrance exam. Some institutes may provide admission based on merit.
  • Course Fee – The current fee for the course averages between INR 50,000 to 2 lakhs.
  • Average Starting Salary – PGDM in operations graduates make a salary between INR 3 lakhs to 8 lakhs.
  • Top Recruiting Organizations – Impex, Synechron, Airtel, Amazon, and L&T.
  • Top Recruiting Areas – Purchasing, Supply Chain, Research, Analysis, and Materials.
  • Top Job Profiles – Operations Manager, Purchase Manager, Procurement Manager, Operations Analyst, and Materials Manager.

 

PGDM in Operations Course Eligibility

Before you can consider PGDM in operations, the first step would be to check your eligibility for the course. Not everyone can do this course. There are certain criteria you must match to be able to do the course. Heres the PGDM in operations course.

  • You need to be a graduate with more than 50% as your final score in the degree course.
  • Your graduate degree has to be from a recognised university and discipline.
  • You may need to clear an entrance exam and attain a certain percentile to be able to get admission.
  • And in case of merit-based admission, all you must do is fill out the required forms, submit the required documents and pay the fees.

 

Why Choose PGDM in Operations?

It can be quite a confusing time after graduation. There are so many courses you can pursue that will bring you good career opportunities, but are they right for you? PGDM in operations is the right way to go, and here are the best reasons why you should choose it.

1. Importance

Operations is probably the most important aspect of a business. Its importance cannot be stressed enough, and with a PGDM in operations, you are going to be a part of a business main functionality. Therefore, you and your profession will always have a lot of importance.

2. Career –

There are many areas where you can work in operations. From managers to analysts, there is no dearth of career choices after you do PGDM in operations. In these careers, you will get ample opportunity to move ahead and gain more responsibilities.

3. Salary –

Considering the fee structures in most institutes for PGDM in operations, you will be making an excellent starting salary. And your salary figures are only going to get better as you get experience and promotions. You can also negotiate for good benefits along with your salary.

4. Multiple Industries

Any industry that provides products and services as the main part of its business, is a potential place for employment for PGDM in operations. Therefore, you will have a lot of choices when it comes to employment. You can also easily switch industries in search of green pastures.

5. Challenging Profession

Any profession in the operations industry comes with its set of challenges and obstacles. So, whatever career you choose, you are going to face challenges that are going to help you grow and become a better professional in the field of operations.

 

PGDM in Operations Course Syllabus & Subjects

The following information will give you an idea of the subjects that you will face in the PGDM in operations. The subjects are divided according to the 4 semesters. Knowing about the syllabus and subjects will help you decide between pursuing PGDM in operations.

Semester 1

  • Principles of Management
  • Managerial Economics
  • Financial Accounting
  • Marketing Management
  • Human Resource Management
  • Fundamentals of Communication and Interview Preparation

Semester 2

  • Strategic Management
  • The Integrative Manager
  • Cost Accounting
  • Innovation Management
  • Mastering the Interview and Networking Skills
  • Project Work

Semester 3

  • World Class Manufacturing
  • Production and Operations Management
  • Project Management
  • Total Quality Management
  • Product Planning and Control
  • Project ISR

Semester 4

  • Six Sigma
  • Radical Business Performance Improvement
  • Customer-Centric Organization
  • Outsourced Manufacturing
  • Global Supply Chain Management
  • Project Work

 

Career Opportunities After PGDM in Operations

The following careers are some of the best careers you can achieve with a PGDM in operations. These a just a few options from the many careers to choose from

1. Operations Manager –

The operation manager is the person in charge of all the operations. They have to keep a watch on the daily operations and ensure smooth operations.

2. Purchase Manager –

Purchasing of raw materials, purchasing machinery and other important materials is the job of the purchasing manager. They are given budgets by the senior management for their purchasing activities.

3. Purchase Analyst –

The main job of the purchasing analyst is carefully studying all the purchase requirements, quality of purchases, markets and vendors, and make an analytical report on the purchasing activity for improvements

4. Operations Analyst –

An operations analyst is the professional in charge of analyzing all the operations in a company, and provides reports for improvement of overall operations.

5. Materials Manager –

The materials managers look after all the materials in the manufacturing business. From raw materials to finished materials, they have to look after the supply and storage of materials.

Dual PGDM

Future Scope of PGDM in Operations

One should always look at what the future is going to look like for a certain industry. It gives a clear idea. Heres whats happening in the operations industry in India, and what is going to happen.

  • Make in India has pushed manufacturing operations in India.
  • Operations management is changing thanks to information technology and information systems.
  • E-commerce companies are driving the increase in operations jobs in India.
  • Amazon is pushing leadership programs in operations management.
  • The use of technology is also increasing in operations management.

 

Top Recruiting Organizations after PGDM in Operations

Heres some more information that will make you feel confident about the PGDM in operations. It will help a lot when you know the kind of companies that are hiring PGDM in operations graduates. It will give you an idea regarding the demand for professionals in the operations field.

  • Impex – Wholesaler of electronics goods giant, Impex hires a lot of talent for the operations department to have a smooth supply & demand cycle.
  • Synechron – The US-based IT company has large-scale operations in India that are increasing by the day. They hire many people for their spreading operations.
  • Airtel – Airtel is one of the largest telecom service providers in India, thanks to its operations department that is expertly managing expansion in areas like DTH and Broadband.
  • Amazon – The e-tailer needs to have the most robust operations to keep up with the demand, and they have done just that by large-scale hiring of talent.
  • L&T – Larsen & Toubro are a force to reckon with in the Indian market and they continue to dominate owing to immaculate operation strategies.
  • Bajaj – Baja dominates the 2-wheeler and 3-wheeler market and has plans of entering the auto cars market.
  • Aviva – The Indian insurance market is one of the fastest-growing, and Aviva is moving quickly to capture the market by improving operations and sales.
  • Flipkart – Flipkart is the only challenger to Amazon as they have equally strong operations all over the country.
  • Paytm – One of Indias biggest digital payments company recently secured a massive investment and are set to scale operations to fight against competition
  • TVS Motors – TVS has been facing stiff competition, and they are all set to increase operations to recapture their strong market position.

 

Top Recruiting Areas

The following are the industries that require PGDM in operations graduates. There are many professions in these areas that you can pursue and make a high-paying career. With a PGDM in operations, you get the luxury of choice.

  • Purchasing
  • Supply Chain
  • Research
  • Analysis
  • Materials
  • BFSI
  • Consulting
  • Logistics
  • E-Commerce
  • Retail
  • Service
  • Pharma
  • Manufacturing etc.

 

PGDM in operations is one of the best courses you can do if you want to have a great career. There are so many things you can and have opportunities to grow. With a PGDM in operations, you are giving yourself a wonderful opportunity to be a part of an ever-growing industry, and get a job that you will cherish and succeed in.

Operations are such an integral part of any organisation and a PGDM in operations is the right way to go about it. However, doing the course from the right institute also matters a lot. Along with great education, you also need to have great teachers, modern infrastructure and excellent placements. You will find all of this at ASMs IBMR. Whats more, is that we offer PGDM in operations as a part of a dual specialization program. So, get in touch with our counsellors today to know more about the PGDM in operations dual specializations program.

 

Team ASM IBMR
Team ASM IBMR
ASM's Institute of Business Management & Research, Pune was established in 1983. It is affiliated to University of Pune. It is a prominent institute for higher education in the state of Maharashtra.

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