MBA in Industrial Management: Syllabus, Salary, Colleges

7 minute read
10 shares
mba in industrial management

MBA in Industrial Management: MBA in Industrial Management is a postgraduate business course that inculcates in a student with the skills and knowledge that are required to manage different functions at a factory. It is a two-year degree program that helps a student understand the operations, planning, and financial aspects that are involved in running a business. Students of this program gain managerial and technical skills that are required to face challenges in the industry. The course is best for students who want to get into the manufacturing sector. Keep reading to know more about the course syllabus, salary, colleges, and distance education programs.

Why study MBA in Industrial Management?

Below are the reasons why a student should choose MBA in Industrial management.

  • The course will help the student gain greater awareness of the global market, widen their professional network, and manage time better.
  • The student will also learn about general management, sustainable production and technology, and digital transformation.
  • After completing MBA in Industrial management the student will get a variety of work opportunities and will be eligible to work for top-notch industrial companies.
  • Salary in India ranges between INR 3 lakh- INR 10 lakh per annum.
  • It is the most sought-after course for students with innovative minds

Relevant Read- MBA detailed guide 

Syllabus 

Below is the general syllabus for MBA in industrial management. 

S.NOSyllabus
1Principle of Management and Organizational Behaviour
2Business Analysis Tools
3Quantitative Techniques for Management
4Total Quality Management
5Industrial Project Management
6Purchasing and Procurement Management
7Management Information Systems
8Business Environment and Ethics
9Managerial Economics
10Supply Chain Management
11Information Technology
12Project Management & Documentation
13Corporate Communication
14Strategic Management
15Human Resources Management
16Enterprise Resource and Planning

Eligibility Criteria 

Below are the eligibility criteria for MBA in Industrial Management.

  • The student must possess a bachelor’s degree with a minimum of 50% marks from a recognized college or university
  • The student must clear the entrance examination for the same.  
  • Work expensive in the industry is preferred but not mandatory.

Relevant Read – MBA in material management 

Top Colleges 

Below is the list of top colleges for MBAs in industrial management that students can apply to.

University NameAnnual Tuition FeesAdmission Process
NITIE, MumbaiINR 2.38 lakhCAT/ MAT/ XAT
IISWBM, KolkataINR 2.28 lakhCAT/ MAT/ XAT
NICMAR, PuneINR 1.78 lakhCAT/ MAT/ XAT
Integral University, LucknowINR 58,000CAT/ MAT/ XAT
OPJS University, ChuruINR 98,500CAT/ MAT/ XAT

Distance Education

MBA in Industrial Management can be done either full-time or part-time. Moreover, it is a course that supports distance learning. Here is a list of colleges where you can pursue this course in distance learning

Distance Learning Top CollegesAnnual Fees 
NMIMS global access school for continuing educationNA
Neptune Institue of Management and Technology, New DelhiINR 10,000

Types of MBA in Industrial Management Courses

As we discussed above, the MBA in Industrial Management can be done full-time or part-time. The different types of courses one can pursue are briefly mentioned below.

Part-Time MBA in Industrial Management

Pursuing a part-time program always helps students to have flexibility in their schedules. The programme’s practical expertise supersedes theoretical comprehension. Best choice for students who are willing to pursue MBA with a flexible routine.

Full-Time MBA in Industrial Management

The 2 year full-time MBA in Industrial Management course provides benefits to the students like connecting closely with teachers and other students. This helps them to expand their study exposure and knowledge. The course helps the students to explore practical knowledge other than theoretical understanding in this field.

Distance MBA in Industrial Management

Distance learning is an ideal option when pursuing MBA in Industrial Management after having bachelor’s degree. You might have less time to attend the traditional sessions or have limited time to invest in the classes. Distance learning option can make things easier for you. Depending on the candidate’s schedule, it takes two or three years to finish.

Pathways after Industrial Engineering

Several educational pathways can be followed by an individual to become an industrial manager. They are listed below.

Pathway 1BS/ BE/ B Tech degree in Industrial Engineering along with Engineering Management, Industrial & Production Management,  Production Management, Manufacturing Management or similar courses
Pathway 2B.Eng in mechanical, chemical, or electrical engineering. Master’s in Industrial engineering, industrial management or Industrial engineering and management
Pathway 3B.E in Engineering and MBA in industrial management
Pathway 4B.A and M.A in engineering followed by MBA in industrial management
Pathway 5B.A. in engineering or similar courses such as physics. It can be followed by MBA in industrial management.
Pathway 6B.A. and M.A. in engineering or science subjects such as physics. It can be followed by an advanced diploma in Industrial management
Pathway 7B.A in industrial management and technology and optional Master’s degree
Pathway 8B.A in engineering with MSc in Mechanical engineering with Industrial management (International)
Pathway 9BSc in any subject followed by Msc in Industrial management and innovation (International).
Pathway 10B.A. in engineering or similar courses like physics followed by a Master’s and MBA in Industrial management.

Skills Required 

Below are the skills required for MBA in Industrial management. Several companies require professionals with these skills.

  • Develop analytical models of production systems
  • For the successful management of large and complex organizations, quantitative skills are required
  • Optimization skills for the supply chain management process
  • Operations management skills and the ability to organize business processes are essential
  • The skill to evaluate manufacturing cost, predictive and preventive maintenance, and work method designs are in demand. 

Merits and Challenges 

There are several merits and demerits of choosing to study MBA in industrial management. For awareness, students can go through the merits and challenges listed below.

Merits Challenges
High yearly salaryLong working hours. That is, 9 to 5 on a regular basis
Can work in several industries such as automotive, oil, food, electronic, and cosmetic industries Difficult decisions have to be made in important situations 
Can work in public administration, hospitals and other spacesMight have to do extra shifts to complete the deadlines
Get to work in different verticals in a company such as supply chain management and quality assurance Have to manage several verticals of a business even while handling a lower role.

Relevant Read- MBA interview questions and common mistakes 

Jobs and Salary

Below is the list of jobs that a student can apply for. We have also listed the average salary for your reference. Do note that a fresher can earn between  INR 4 lakh- INR 8 lakh. Students hired by international firms have the potential to earn more. They can earn up to INR 18 lakh per annum.

Designation Average Annual Salary
Purchase ManagerINR 7 lakh per annum
Industrial Production ManagerINR 4.85 lakh per annum
Project ManagerINR 8.12 lakh per annum
Quality Assurance ManagerINR 5.95 lakh per annum
Organizational ConsultantINR 6.29 lakh per annum
Construction ManagerINR 5.52 lakh per annum

MBA Entrance Exam

There are various MBA entrance exams conducted in the country for the aspirants willing to take admission in MBA programmes. Universities evaluate the knowledge of aspirants and also consider their scores secured for the admission process. 

Students willing to pursue must know about all the MBA entrance exams held. The list of the following exams is briefly given below. 

  • Common Admission Test (CAT) 
  • Zavier Aptitude Test (ZAT) 
  • Management Aptitude Test (MAT) 
  • Common Management Admission Test (CMAT) 
  • Maharashtra Common Entrance Exam (MAH CET)

Future Scope 

MBA in industrial management offers a wide variety of job options to students. After the completion of the course, a student is eligible to work as Project Manager, Business Development Executive, Industrial Production Manager, Production Manager, Compliance Officer, Operations Manager, Quality, Assurance Control Manager, Purchasing Manager, Facility Manager, Organisational Consultant, and Construction Manager.

Students with an MBA in industrial management can also choose to pursue higher education such as a PhD in the same field. Another option is to pursue the Fellow Programme in Management (equivalent to PhD) provided by the IIMs. Students can also prepare for competitive examinations that offer jobs in the government sector.

Is it the Right Course for you?

Follow these steps to identify whether Industrial Management is the right career choice for you.

  • Get to know your strengths and weaknesses. It includes your interests, aptitude and personality.
  • Conduct personal research on a career in Industrial management.
  • Find out the course you need to do after the 12th examination. For example, whether you need to do Bachelor’s in a different discipline first.
  • Find out the best colleges and institutions offering training in this field.
  • Finally, make an informed decision based on the information you have gathered.

FAQs

Q1. What is MBA in Industrial Management?

Ans. MBA in Industrial Management is a 2-year degree course that imparts skills to students that will enable them to manage different functions at a factory. The program is aimed at teaching the operations, planning, and financial aspects that play a crucial role in the functioning of any industry.

Q2. What is the salary for MBA in Industrial Management?

Ans. The salary of MBA in industrial management students can range between INR 4 lakh – INR 12 lakh per annum.

Q3. Is Industrial Management a good degree?

Ans. Industrial management is an important part of any economy. As a result, it is a good degree that any student can pursue.

MBA in industrial management is a postgraduate degree that helps a student how to manage different challenges faced in an organization. The program prepares the students for a variety of jobs including Project Manager, Business Development Executive, Industrial Production Manager, and Production Manager, among others. We hope the information will be helpful for the students.

For more such updates, check out our Indian exams page and do not forget to follow us on Instagram, Facebook, Twitter and LinkedIn.

Leave a Reply

Required fields are marked *

*

*