About MBA Material Management course:
MBA or Master of Business Administration in Material Management is a two year post graduate degree pursued after Bachelor degree which focuses on developing skills and upscale knowledge in the field of supply chain management. The course includes the study of procurement, inventory management, logistics, and transportation.
The aim of the course is to understand the flow of materials and products within the organization and also learn about the sourcing of raw materials, purchasing, and inventory management which help them to manage the materials. They also learned about the quality control, packaging, and distribution of materials which helps them to lend in high paying jobs in material management industry.
The MBA Material Management students are making their careers in the industries like manufacturing, retail, logistics, and consulting. There are wide range of jobs are offered by these industries like supply chain managers, procurement managers, inventory managers, logistics managers, or start their own businesses in the field of material management. Overall this branch of MBA is unique and there is not a lot of competition.
The average course fees for [MBA ] Material Management Courses range between INR INR 2-10 lakhs per annum (may vary as per college).
[MBA ] Material Management Course Admission Process:
[MBA ] Material Management Quick facts
Highlights for [MBA ] Material Management program are provided in the table given below:
Course Level |
Masters |
Full form |
[MBA ] Material Management |
Duration |
2 Years |
Examination type |
Semester |
Eligibility |
Bachelor degree in any stream from a recognized college or university along with minimum 50% aggregate. |
Age Limit |
No age limit |
Course fee |
INR 2-10 lakhs per annum (may vary as per college) |
Average Salary |
INR 3-8 LPA (may vary based on industry and job role) |
Job Positions |
supply chain managers, procurement managers, inventory managers, logistics managers |
[MBA ] Material Management Eligibility & Entrance exam
Eligibility Criteria for MBA Material Management:
Eligibility for getting admission in MBA Material Management course may vary from college to college but there is some common criteria of admission are discussed below:
- Student must have a Bachelor degree in any stream from a recognized college or university along with minimum 50% aggregate.
- Some reputed college may conduct their own entrance exams or they can accepts scores of state and national level entrance exams scores, followed by group discussion and personal interview.
- There is no criteria regarding to age limit, study is beyond the age.
- Some colleges may require work experience before admission this may vary and totally depends on college.
Students who have meeting above criteria are eligible to take admission in the MBA Material Management course; student may also have to check with the college official website so they can know more about the exact eligibility criteria.
How to apply for college?
Properly research about the college and also check the eligibility criteria of the college. To apply in particular college student must have to follow given steps:
- Visit to the official website of the college.
- Apply in admission section.
- Fill all the details in admission form like personal details, educational details, entrance exams scores and many more.
- Submit all the necessary documents like photo, signature, personal documents, educational certificates etc.
- Also check is there any counseling round or not. If college is conducting counseling than apply for it.
- Pay the fees for application Form.
Here given above process is common process it may vary from college to college.
Entrance Exams for MBA Material Management:
Scores obtained from entrance exams are key to get admission in reputed colleges, Good score leads to top colleges and vice versa. Student has to prepare for entrance exams to get admission in top colleges. Here is the list of some top entrance exams for MBA Material Management for which a student can prepare and get top college are:
Entrance Exam Name
|
Mode of Exam
|
Conducting Body
|
CAT (Common Admission Test)
|
Online
|
IIM (Indian Institutes of Management)
|
XAT (Xavier Aptitude Test)
|
Online
|
XLRI (Xavier School of Management)
|
CMAT (Common Management Admission Test)
|
Online
|
NTA (National Testing Agency)
|
MAT (Management Aptitude Test)
|
Online/Offline
|
AIMA (All India Management Association)
|
NMAT by GMAC
|
Online
|
GMAC (Graduate Management Admission Council)
|
NOTE: For exam fees, eligibility criteria, dates and exact cut off please visit to the official website of particular exam.
[MBA ] Material Management Duration & Fees
MBA Material Management Course duration:
This MBA Material Management degree is two years full time post graduate degree which is further divided into four semesters whereas in some colleges there are three semester in a year.
The curriculum of degree is designed such as it includes classroom lectures, industry visits, guest lectures, internships, and practical training which lead to real world practical experience in particular industry.
MBA Material Management Course Fees:
Fees for course may vary from institution to institution it depends on the ranking, Infrastructure, Faculty, Placements, Facilities provided by the college. Usually the fees for MBA Material Management course are ranges between INR 2 LAKH to INR 10 LAKH per annum.
[MBA ] Material Management Jobs,Scope,Salary after course
Scope after MBA Material Management:
Pursuing a post graduate degree like MBA leads to high paying jobs along with gaining advance knowledge in particular field. MBA is a very demanding degree in India; many of students are passed out in this degree. The MBA Material Management students are making their careers in the industries like manufacturing, retail, logistics, and consulting. There are wide range of jobs are offered by these industries like supply chain managers, procurement managers, inventory managers, logistics managers, or start their own businesses in the field of material management. Overall this branch of MBA is unique and there is not a lot of competition. Here is the list of some popular job roles after MBA Material Management are:
Job Role
|
Job Description
|
Average Salary (INR)
|
Supply Chain Manager
|
Manages goods and services flow from supplier to customer.
|
6-12 lakhs per annum
|
Logistics Manager
|
Manages goods transportation, storage, and distribution.
|
4-9 lakhs per annum
|
Inventory Manager
|
Manages inventory levels to ensure adequate stock.
|
4-8 lakhs per annum
|
Purchasing Manager
|
Manages procurement of goods and services.
|
5-10 lakhs per annum
|
Quality Control Manager
|
Ensures goods and services meet quality standards.
|
4-8 lakhs per annum
|
Note: The salary mentioned above may vary from company to company and based on experience and interview of individual student.
[MBA ] Material Management Top colleges offering course
Top Colleges for MBA Material Management:
Choosing a good college is a difficult task, good college leads to good career. Before choosing a college one has to check all the details about the college. There are many colleges are offering MBA Material Management course but to choose a right college student must check some points like ranking, Infrastructure, Faculty, Placements, Facilities provided by the college. The top colleges may have high fees but the placements are good from top colleges. Here is the list of some top colleges offering MBA Material Management Course is:
College/University
|
Location
|
Average Fees (per year)
|
Placement Ratio
|
Indian Institute of Materials Management (IIMM)
|
Mumbai, Maharashtra
|
82,500
|
95%
|
Symbiosis Institute of Operations Management (SIOM)
|
Nashik, Maharashtra
|
5.5 lakhs
|
100%
|
Department of Management Studies, Indian Institute of Technology (IIT)
|
Delhi
|
2.22 lakhs
|
80%
|
Narsee Monjee Institute of Management Studies (NMIMS)
|
Mumbai, Maharashtra
|
6.26 lakhs
|
95%
|
MIT School of Distance Education (MIT-SDE)
|
Pune, Maharashtra
|
88,000
|
90%
|
VIT Business School, Vellore Institute of Technology (VIT)
|
Vellore, Tamil Nadu
|
3.63 lakhs
|
80%
|
Indian Institute of Materials Management (IIMM)
|
Kolkata, West Bengal
|
82,500
|
85%
|
KIIT School of Management (KSOM)
|
Bhubaneswar, Odisha
|
9.85 lakhs
|
90%
|
Indian Institute of Logistics (IIL)
|
Chennai, Tamil Nadu
|
2.4 lakhs
|
75%
|
Amity Global Business School (AGBS)
|
Noida, Uttar Pradesh
|
4.28 lakhs
|
80%
|
Note: The fees and placement ratio may vary, for exact information please visit to the official websites of the particular college.