MBA Industrial Management: Syllabus, Eligibility, Course Details, Jobs & Salary

In today's dynamic business landscape, where industries are constantly evolving, staying ahead of the competition requires a unique blend of managerial knowledge and specialised knowledge. If you're excited by the inner workings of industrial enterprises and aspire to lead them to greater heights of success, then pursuing an MBA degree in Industrial Management might be the perfect stepping stone towards achieving your goals.

In this blog, we will uncover the transformative power of an MBA in Industrial Management and the immense potential it holds for aspiring professionals.

What is Industrial Management?

• Industrial management refers to the practice of planning, organising, directing, and controlling the operations and resources within an industrial setting. 
• It involves overseeing various aspects of industrial processes, including production, operations, personnel management, logistics, and quality control, with the ultimate goal of optimizing efficiency, productivity, and profitability.
• The field of industrial management encompasses a wide range of industries, such as manufacturing, engineering, construction, energy, transportation, and more. 
• Industrial managers are responsible for ensuring that resources, including human capital, materials, equipment, and technology, are effectively utilised to meet production targets, deliver products or services on time, and achieve organisational objectives.
• Industrial managers play a crucial role in coordinating and supervising teams, allocating resources, developing and implementing strategies, and making informed decisions to streamline operations and improve overall performance.

What is MBA in Industrial Management?

• An MBA in Industrial Management is a specialised master's degree program that focuses on the principles and practices of managing industrial or manufacturing organisations. 
• MBA in Industrial Management is a two-year program, with average fees ranging anywhere from ₹ 1,00,00 - ₹7,00,000.
• The program is designed to develop professionals who can effectively lead and manage industrial enterprises.
• It equips students with the skills and knowledge needed to optimise productivity, streamline operations, and enhance overall organisational performance in an industrial setting.
• The future scope of an MBA in Industrial Management is bright, driven by factors such as digital transformation, supply chain complexities, sustainability concerns, the need for operational excellence, entrepreneurship opportunities, and the demand for effective leadership. 

Eligibility for MBA in Industrial Management

• Students are first required to complete their high school education with a minimum of 50% marks from any stream. 
• While applying for the top MBA colleges in India, students are then required to score a minimum of 60% in their bachelor’s programs. There is a 5% relaxation for students of the reserved category.
• You will be required to give MBA entrance exams for admission, followed by group discussions and personal interviews. 

Syllabus for MBA in Industrial Management

The syllabus of an MBA in Industrial Management may vary slightly depending on the institution and program. However, here is a general outline of the typical subjects and topics covered in the curriculum:

Principles of Management and Organisational Behaviour	Business Analysis Tools
Quantitative Techniques for Management	Total Quality Management
Industrial Project Management	Purchasing and Procurement Management
Management Information Systems	Business Environment and Ethics
Managerial Economics	Supply Chain Management
Information Technology	Project Management & Documentation
Corporate Communication	Strategic Management
Human Resources Management	Enterprise Resource and Planning

Many MBA programs include case studies, group projects, and internships to provide practical exposure to real-world industrial management challenges. These activities allow students to apply the concepts and theories learned in the classroom to practical situations and develop problem-solving and decision-making skills.

Jobs after MBA in Industrial management

After completing an MBA in Industrial Management, graduates can pursue a wide range of job opportunities in various industrial sectors. Here are some common career paths and job roles that are available:

Job Roles	Job Description	Average Salary
Logistics Manager	You will be responsible for managing the movement of goods, materials, and information within the supply chain.	₹6.5 LPA
Operations Manager	You will be responsible for optimising processes, improving productivity, managing inventory, and ensuring the smooth functioning of the overall operations.	₹8 LPA
Production Manager	You will be responsible for ensuring efficient production schedules, managing resources, and maintaining quality standards.	₹8.5 LPA
Supply Chain Manager	You will be responsible for optimising the supply chain, coordinating with suppliers, managing logistics, and ensuring timely delivery.	₹12.5 LPA
Quality Assurance Manager	You will be responsible for ensuring that products or services meet or exceed quality standards.	₹14.5 LPA
Industrial Consultant	You will be responsible for offering expertise and guidance to organisations seeking to improve their operations, implement best practices, or address specific challenges.	₹15 LPA
Industrial Manager	You will be responsible for overseeing the overall operations of an industrial organisation.	₹16.5 LPA

Top Recruiters for MBA in Industrial Management

Several top recruiters actively seek MBA graduates in Industrial Management for various roles within their organisations. Here are some notable companies and sectors known for recruiting MBA graduates in Industrial Management:

• GlaxoSmithKline 
• Raymond
• PepsiCo 
• Hyundai 
• Mahindra & Mahindra
• Maruti Suzuki
• Ford 
• Nestle 
• Himalaya 
• Reliance Industries Ltd.

Conclusion

As we conclude our exploration of the world of an MBA in Industrial Management, it becomes evident that this specialised program holds immense potential for aspiring professionals seeking to make their mark in the industrial landscape. The future offers a multitude of opportunities for MBA graduates in Industrial Management. Whether it is within established industrial organisations, entrepreneurial endeavours, or consulting roles, their unique skill set and specialised knowledge will be in high demand.

With Sunstone, students can learn occupational skills with the help of training courses. Students are benefited from 70+ training sessions from expert guest faculty (ex-IIMs, IITs). Along with this, students can get hands-on experience from capstone projects, which can help secure job offers.

FAQs - MBA Industrial Management

Can I pursue an MBA degree without an entrance exam?

Yes, few universities take admissions for MBA programs based on a student's performance in his/her bachelor’s degree.

Is there any age limit for MBA programs?

No, there are no age restrictions for students to pursue MBA programs. 

Can I pursue MBA programs from colleges powered by Sunstone?

Yes, you can pursue MBA courses from colleges powered by Sunstone. Some of the top colleges are:

• Atlas Ideal International College
• Ajeenkya DY Patil University
• GD Goenka University
• Bangalore Institute of Management Studies
• SAGE University