Degree Overview: Master of Business Administration (MBA) Degree in Operations Management
Majors Overview May 9, 2015Students in Master of Business Administration (M.B.A.) degree programs in Operations Management will be ready to oversee the daily operations of the company’s production of services or goods. The program features courses in quality control, production planning, and organizational behavior.
Master of Business Administration (M.B.A.) Programs in Operations Management
Operations managers are required to oversee the specific processes and methods used in creating services and goods for direct sale, eventually leading to a profit. Individuals enrolled in an M.B.A. program in Operations Management are trained to comprehend the job responsibilities delegated to an operations manager and the concepts, tools, and language that they would need when dealing with operations.
Students enrolled in this two-year program are also taught about utilizing employees, managing daily operations, formulating policies, and planning business purchases. Applicants are expected to hold a bachelor’s degree in a related field.
Coursework in an M.B.A. program in Operations Management is imparted through a combination of examinations, simulated operations experiences, and classroom lectures with written assignments. Many schools expect students to perform reviews and analyses of the operational methods of numerous types of businesses, including manufacturing businesses, restaurants, and retail establishments, among others.
Education Requirements
Admission criteria typically require incoming students to hold an undergraduate degree in supply chain management, business administration, operations, or business, among other related fields. In many schools, incoming graduate students are required to submit GRE, or Graduate Record Examination, scores with their application.
Coursework
The focus of the curriculum is mainly on management strategies and principles. Core coursework may include topic areas such as:
•Organizational behavior
•Production control and planning
•Managerial economics
•Management information systems
•Financial management
•Operations management
•Accounting for management
•Quality control
Job and Wage Outlook
Employers of operations managers require these professionals to coordinate the practical operations of public and private sector businesses. In May 2012, there were about 1.9 million individuals employed as general and operations managers in the United States. Over the 2012 – 2022 decade, a job growth rate of 12% has been predicted for general and operations managers (U.S. Bureau of Labor Statistics). In May 2014, these professionals brought in an average annual wage of $117,200 (BLS).
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