Executive Diploma in Operations Management

Have you completed Bachelor’s Degree course? Are you interested in pursuing a good Operations Management course? If yes, this article will be of help to you. Here, we will have an in-depth analysis of Executive Diploma in Operations Management course.

Executive Diploma in Operations Management

 

 

How’s this article of help to me, you may ask. Here, you will find everything you need to know about Executive Diploma in Operations Management. This article covers topics such as – program details, duration, eligibility, colleges, syllabus, fees, careers and salary.

 

It is a job oriented PG Diploma program. Operations Management has got immense scope and potential. If you are interested in Executive management courses, this academic program will be of help to you!

 

It is not uncommon to see Engineering Graduates going after Operations Management programs. This is due to the fact that Operations Management is closely associated with manufacturing and production industry.

 

As a result, this program is very popular among Mechanical and Production Engineering graduates. Graduates hailing from other streams and disciplines are also eligible to pursue Operations Management program!

 

If you are already working in a corporate setup and want to acquire operations management skills, you may rely on Executive Diploma in Operations Management program.

 

Bachelor’s Degree holders have access to a handful of Operations Management programs. Some such notable courses are –

 

Apart from the above mentioned programs, there also exists Executive MBA (EMBA) programs related to operations management. Executive Diploma in Operations Management is one such course.

 

Here’s an overview of the course –

  • Name of the course: Executive Diploma in Operations Management
  • Type of course: PG Diploma course
  • Duration: 1 year (may vary from one institute to another)
  • Eligibility: Completed Bachelor’s Degree (work experience may also be required)

 

What is operations management all about? What’s the scope associated with this field? What is it like to become an operations management professional? You will find answers to these questions in the next section. Here they are –

 

Operations Management: Basic Details

Operations management primarily deals with optimization of operating systems and processes. The main aim of this management field is to optimize the resources in hand and minimize the overall cost of operations and processes.

 

An Operation manager’s main task is to manage and reduce the cost of operations, without affecting the quality of the product or service offered. It is a diverse field and consists of specializations such as –

  • Supply Chain Management
  • Logistics Management
  • Inventory Planning

 

Operations management studies covers the entire supply chain – starting from production to the final stage of distribution systems! This shows how diverse this field is!

 

Using operations management principles, one may optimize the production process through the following steps –

  • Process development
  • Process improvement
  • Supply chain management
  • Logistics management
  • Quality management
  • Project management
  • Inventory management
  • Purchasing
  • Demand planning

 

Come, let us take a closer look at the course details. Here they are –

 

Course Details

 

Type of course

Technically, it is a postgraduate level Diploma course.

 

Duration

Program’s duration may vary from one institute to another. Generally, it is around 12 months long.

 

Eligibility

Completed Bachelor’s Degree course from a recognized University/Institute. Some institutes also need applicants to have adequate work experience.

 

Colleges

There exists many Government and Private colleges across India offering this course. Government colleges charge relatively lower fees than their private counterparts.

 

Some of the notable Colleges are –

  • IIMs
  • XLRI
  • Jamnalal Bajaj Institute of Management Studies
  • SIBM

 

Admission Process

Reputed institutes rely on merit based admission process. Such institutes make use of relevant entrance test to select deserving candidates. Some institutes are also known to conduct their own qualifying test in order to select deserving candidates.

 

Some other institutes are also known to conduct direct as well as donation based admission process.

 

Syllabus

Here are some of the important subjects present in Executive Diploma in Operations Management program –

  • Organizational behaviour
  • Principles of Management
  • Business Communication
  • HR management
  • Finance management
  • Production Management
  • Operations Management
  • Operations Strategy
  • Quality Management
  • Product Planning
  • Location and Plant Layout
  • Project Management
  • Supply Chain Management
  • Project Work

 

Fees

Fees charged for the academic program may vary from one institute to another. Course fees depends upon the following factors –

  • Type of institute (Government, Private, Aided etc)
  • Location of the college
  • Status and rating of the college
  • Scholarship status (of student, if applicable)

 

Government colleges are known to charge low fees. Average fees in private colleges could be anywhere between 80-150K INR per semester. Also check – management courses in India.

 

Career Prospects

Some of the well known recruiters are –

  • Manufacturing Industries
  • Production Plants
  • Supply Chain Firms
  • Logistics Firms
  • Retail Firms
  • Consultancies
  • Energy, Oil and Gas Firms
  • E-Commerce Firms
  • Government Organizations

 

In the above mentioned firms, operations management professionals may don the following roles –

  • Operations Manager
  • Asst Manager (Operations)
  • Plant Manager
  • Production Manager
  • Plant Supervisor
  • Supply Chain Manager
  • Logistics Manager
  • Process Manager
  • Area Operations Manager

 

Salary

Starting salary of an Operations manager depends upon a number of factors. Some of the prominent factors are –

  • Institute from which the candidate completed the course
  • Level of education (UG, PG etc)
  • His/her specialization
  • The domain he/she has chosen
  • Job location

 

On an average, starting salary could be anywhere between 60-80K INR per month. In case of a Government job, the salary will be as per the pay scale and grade. Also check – high salary jobs in India.

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