Top Online MBA in Operations Management Colleges in India 2024: Fees, Admissions, Placements & Rankings

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Update at Feb 18, 2024, 2:13 am

An MBA in Operations Management is a highly valued specialization, preparing managers to enhance productivity, efficiency, and quality across business operations. This postgraduate degree equips professionals with the expertise to streamline processes, optimize resource utilization, apply analytical tools, and spearhead innovation in service and manufacturing organizations. As markets become intensely competitive, operations management capabilities help harness technology, visualize end-to-end processes, and implement lean principles for sustainable growth. The online MBA in operations management empowers graduates to excel as operations heads, plant managers, supply chain leads, purchase managers, and business analysts.

Top Highlights of the Online MBA in Operations Management 2024

Leading online MBA in operations management programs for 2024 include offerings by S.P. Jain Institute of Management & Research, IMT GhaziabadSRM University, and UPES Dehradun. Their robust curriculum, accomplished faculty, industry-applied projects, and virtual internships with leading corporations prepare students for operations leadership roles. The Top online MBA in operations management in India colleges facilitate invaluable campus recruitment opportunities through their extensive corporate networks. Graduates secure roles like operations managers, business analysts, etc. with attractive packages averaging 8–10 LPA.

Eligibility and Requirements for Online MBA in Operations Management

The basic eligibility criteria for the online MBA in operations management are:

  • Bachelor's degree (50%+ marks)
  • Minimum 2-3 years’ work experience
  • No age limit.

Some colleges have additional requirements, like:

  • CAT, MAT, XAT etc. exam scores
  • Minimum academic scores
  • Essays or video introductions
  • Letters of recommendation

Prior experience in operations, manufacturing, or supply chain roles adds an edge to your application. Strong analytical, logical, and quantitative abilities are also highly valued in top online MBA operations management programs. So, ensure you check the eligibility norms before applying to the shortlisted online MBA colleges for operations management.

Specialized Courses in Online MBA with Focus on Operations Management

Some key courses in the operations management specialization focus on:

  • Production Planning and Control: Covers scheduling, forecasting, inventory analysis, plant location, and layout planning.

  • Supply Chain Management: Examines procurement, supplier relationships, logistics, warehouse management, and distribution.

  • Operations Research: This includes quantitative techniques like linear programming, simulation, decision analysis, etc. to optimize processes.

  • Project management imparts skills in planning, budgeting, resource allocation, risk mitigation, and performance tracking.

  • Quality Management: Teaches statistical quality control, TQM, lean, Six Sigma, benchmarking, and process improvement.

  • Technology in Operations: Leveraging ITIoT, automation, and data science for process excellence

How to Get Admitted: Online MBA in Operations Management Process?

Online MBA in Operations Management admissions involves:-

Step 1: Apply directly or through CAT, XAT, MAT, etc. scores.

Step 2: Shortlisting based on eligibility, academics, and entrance test scores

Step 3: Psychometric test, personal interview, group discussion evaluation

Step 4: Final selection based on comprehensive performance across admission rounds

Candidates can also earn direct admission to online MBA in operations management in India programs through graduation scores based on institute policies.

Top Accredited Online MBA in Operations Management Rankings

Leading accredited colleges offering online MBAs in operations management include S.P. Jain Institute of Management & ResearchIMT Ghaziabad, Great Lakes Institute of Management, JAIN OnlineSRM University, and UPES Dehradun. Each of these premier institutes features among the top 100 management schools in India as per the NIRF rankings. They are recognized for their world-class curriculum, distinguished faculty, industry collaborations, state-of-the-art infrastructure, and excellent placement support, which make them among the most sought-after choices for management aspirants. Below is the list of the top accredited colleges offering online MBA in operations management specialization:

S.NO

Colleges

Accreditations

NIRF Ranking

1

Management Development Institute

AACSB, AMBA, NBA and SAQS.

13

2

Amity University

NAAC with 'A+' Grade

28

3

Lovely Professional University

A++ University by NAAC

32

4

Birla Institute of Management Technology

NAAC A+ grade

48

5

Manipal online University

UGC, AICTE, WES

79

6

Jain University

NAAC

85

7

ICFAI University

NAAC A++

NF

8

Symbiosis Center for Distance Learning

UGC, AICTE

NF

9

D y Patil University

UGC, DEB, NRIF, NAAC, AICTE

NF

10

IGNOU

NAAC A++

NF

Fees for the Online MBA in Operations Management Program

The average fee for an online MBA in operations management is INR 8–15 lakhs in India. However, premium institutes charge higher fees, up to INR 25 lakhs. The fee is inclusive of all online learning materials, recorded lectures, projects, certifications, and the final degree certificate.

Many colleges offer partial or full scholarships for deserving applicants. Education loans are facilitated to fund the program fee through tie-ups with banks like SBI, ICICI, etc. Below is the list of the fee details of the online MBA in Operations Management Program:

S.NO

College Name

Average Fees

1

Amity University

INR 1,26,800

2

IGNOU

INR 31,500

3

Lovely Professional University

INR 9,900

4

Indian School of Business Management

INR 60,000 – 75,000

5

IMT Ghaziabad

INR 100,000 - 200,000

6

ICFAI University

INR 2,00,000

7

Jain University

NF

8

D y Patil University

NF

9

Birla Institute of Management Technology

NF

10

Symbiosis Center for Distance Learning

NF

Syllabus for Online MBA in Operations Management: Core Concepts and Applications

The online MBA in Operations Management syllabus includes:-

  • Operations Strategy - Developing operations objectives aligned to business strategy

  • Capacity Planning - Optimizing capacity, facility location, layouts

  • Inventory Control - Managing stock levels, costs, and service levels

  • Scheduling - Production planning, sequencing, line balancing

  • Supply Chain Management - Procurement, logistics, distribution, vendor management

  • Quality Management - Statistical control, Six Sigma, TQM, process excellence

  • Project Management - Scope, scheduling, costing, risk management, KPIs

  • Technology Management - Leveraging automation, IoT, AI, and data science

The curriculum provides a strong base in operations concepts blended with real-world applications. Live projects, case studies, and internships facilitate hands-on learning.

Top Online MBA in Operations Management: Highest Packages Offered

Graduates of leading online MBA programs in operations management receive lucrative job offers from top recruiters. As per the latest placement reports, Genpact offered a package of INR 18 LPA, Flipkart gave INR 15 LPA, Infosys rolled out INR 12 LPA packages, Wipro provided INR 11 LPA salary offers, and HCL Technologies handed out INR 9 LPA packages to Operations Management postgraduates from premier colleges. The highest stipends for online MBA Operations Management interns also went up to INR 35,000–40,000 per month at marquee companies owing to intense competition amongst corporates to attract the top talent. The table below summarizes the list of online MBA colleges offering the highest package placement.

S.NO

Colleges

Average Package

Highest Package

1

IGNOU, New Delhi

2.5 LPA

25 LPA

2

Symbiosis International

 

 

3

ICFAI Business School, Hyderabad

8.71 LPA

53.45 LPA

4

Sikkim Manipal University, Sikkim

6.02 LPA

29.25 LPA

5

Amity University

 

18 LPA

6

Suresh Gyan Vihar University

 

43 LPA

7

Lovely Professional University

6.9 LPA

29.7 LPA

8

WeSchool

7 LPA

13 LPA

9

University of Madras

3.60 LPA

10 LPA

Improve Your Professional Growth: Online MBA in Operations Management for Working Individuals

Pursuing an online MBA in operations management allows professionals to boost their management capabilities while working full-time. Key advantages are:

  • Learn from anywhere with 24/7 access to learning resources: Pursuing an online MBA allows professionals to learn from anywhere remotely by leveraging 24/7 access to pre-recorded lectures, study materialse-booksvideo tutorials, etc. through their student portal.

  • Customize pace of learning as per your schedule: The self-paced learning model of online MBA programs empowers working professionals to customize their learning pace as per their schedules and priorities.

  • Apply concepts directly in your workplace: The applied nature of the online MBA curriculum enables working professionals to implement the management concepts learned directly in their workplace for tangible impact.

  • Become management-ready for leadership roles: Online MBA builds vital management capabilities to help professionals seamlessly undertake leadership responsibilities and become boardroom-ready.

  • Transition into operations specialist or consultant roles: Online MBA qualifications allow operations professionals to transition into specialist or consultant roles leveraging their enhanced business proficiency.

  • Earn salary increments up to 50-60% post-MBA: Completion of online MBA programs allows working professionals to command higher salaries owing to their proven management credentials with average increments going up to 50-60%.


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