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MBA in Production Management I at Institute of Management Studies, Balasore
Balasore, Odisha
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About the Specialization
What is Production Management I at Institute of Management Studies, Balasore Balasore?
This Production & Operations Management program at Raghunath Jew School of Management Studies, affiliated with Fakir Mohan University, focuses on optimizing production processes and managing supply chains efficiently. It is crucial for driving operational excellence and cost-effectiveness in diverse Indian industries. The program''''s blend of theoretical knowledge and practical application addresses the increasing demand for skilled operations managers in India''''s manufacturing and service sectors.
Who Should Apply?
This program is ideal for engineering graduates seeking entry into manufacturing or supply chain roles, commerce graduates aiming for operational consulting, and working professionals looking to upskill in areas like logistics or quality control. Individuals with an analytical mindset, keen on process improvement and resource optimization, will thrive. Prior exposure to quantitative methods or basic industrial understanding is beneficial.
Why Choose This Course?
Graduates can expect career paths as Operations Managers, Supply Chain Analysts, Quality Assurance Specialists, or Logistics Managers in Indian manufacturing, retail, and e-commerce companies. Entry-level salaries typically range from INR 4-7 LPA, with significant growth potential up to INR 15+ LPA for experienced professionals. The curriculum often aligns with certifications like Six Sigma or APICS, enhancing career prospects.
Student Success Practices
Foundation Stage
Build Strong Analytical & Quantitative Skills- (Semester 1-2)
Focus rigorously on Managerial Economics, Business Statistics, and Research Methodology. Master data interpretation, statistical analysis, and basic modeling techniques crucial for future operations roles.
Tools & Resources
Excel for data analysis, R or Python for basic statistical programming, Online tutorials like NPTEL courses on statistics
Career Connection
Strong analytical skills are foundational for understanding and optimizing production processes, inventory management, and supply chain logistics, directly aiding in problem-solving roles.
Develop Foundational Management Acumen- (Semester 1-2)
Actively engage with core subjects like Marketing, Finance, HR, and Operations Management. Participate in group discussions, case studies, and presentations to understand interdepartmental functions and integrated business perspectives.
Tools & Resources
Harvard Business Review case studies, Business newspapers like The Economic Times, Joining management clubs
Career Connection
A holistic understanding of business functions helps future operations managers collaborate effectively with other departments, leading to more integrated and successful project outcomes.
Enhance Communication & IT Proficiency- (Semester 1-2)
Utilize the Communication Skills and IT Application Lab to improve written and oral communication, and proficiency in MS Office Suite. Practice giving professional presentations and drafting business reports.
Tools & Resources
LinkedIn Learning courses on presentation skills, Toastmasters International for public speaking, Microsoft Office certifications
Career Connection
Effective communication is vital for coordinating with teams, stakeholders, and clients in operations, while IT proficiency streamlines data management and reporting, boosting efficiency.
Intermediate Stage
Dive Deep into Production Planning and Quality- (Semester 3)
Focus intensely on Production Planning and Control and Total Quality Management. Work on real-world problems or simulations related to forecasting, scheduling, and quality improvement using methodologies like Six Sigma.
Tools & Resources
Simulation software (e.g., Arena), Minitab for statistical quality control, Industry case studies on TQM implementation
Career Connection
Mastering these areas directly qualifies students for roles in production planning, inventory control, and quality assurance within manufacturing and service industries.
Engage in Strategic Thinking and Entrepreneurship- (Semester 3)
Apply concepts from Strategic Management and Entrepreneurship Development to analyze business strategies and identify new venture opportunities. Participate in business plan competitions.
Tools & Resources
SWOT analysis frameworks, Porter''''s Five Forces, Lean Canvas model, Startup incubators/mentorship programs (if available locally)
Career Connection
This fosters a mindset for operational strategy, innovation, and problem-solving, preparing for leadership roles or starting entrepreneurial ventures in the operations domain.
Undertake a Meaningful Summer Internship- (Summer after Semester 2 / During Semester 3)
Secure a summer internship in a manufacturing, logistics, or operations consulting firm. Actively contribute to projects, apply theoretical knowledge, and build industry contacts.
Tools & Resources
College placement cell, LinkedIn, Industry networking events, Company career pages
Career Connection
Practical industry exposure through internships is paramount for understanding real operational challenges, building a professional network, and enhancing employability for final placements.
Advanced Stage
Specialize in Supply Chain and Operations Research- (Semester 4)
Gain expertise in Supply Chain Management and Operations Research. Work on optimization problems, logistics network design, and demand-supply balancing projects.
Tools & Resources
Supply chain simulation tools, Optimization software (e.g., LINGO, Gurobi for academic use), Advanced Excel functions for OR
Career Connection
These skills are highly sought after for roles in supply chain design, logistics optimization, demand forecasting, and inventory management in e-commerce, retail, and manufacturing.
Develop a Robust Dissertation- (Semester 4)
Choose a challenging research topic for the dissertation related to Production & Operations Management. Conduct thorough research, analyze data critically, and present findings professionally.
Tools & Resources
Academic databases (JSTOR, Scopus), Statistical software (SPSS, R), Guidance from faculty mentors
Career Connection
The dissertation showcases in-depth analytical skills, research capabilities, and problem-solving abilities, which are critical for higher-level managerial or analytical positions.
Prepare for Placements and Industry Readiness- (Semester 4)
Actively participate in placement preparatory activities, including mock interviews, group discussions, and resume building workshops. Network with alumni and industry professionals.
Tools & Resources
Placement cell resources, Online interview practice platforms, Professional networking platforms like LinkedIn
Career Connection
Comprehensive preparation ensures students are well-equipped to articulate their skills and knowledge, leading to successful placements in desired operations roles.
Program Structure and Curriculum
Eligibility:
- Bachelor''''s degree in any discipline with at least 50% marks (45% for SC/ST) and a valid OJEE/CAT/MAT/XAT/CMAT score, as per general Fakir Mohan University MBA admission guidelines.
Duration: 2 years / 4 semesters
Credits: 100 Credits
Assessment: Internal: 30%, External: 70%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MBA-101 | Management Process and Organizational Behaviour | Core | 4 | Management Concepts, OB Foundations, Motivation Theories, Leadership Styles, Group Dynamics, Organizational Culture |
| MBA-102 | Managerial Economics | Core | 4 | Demand Analysis, Production Theory, Cost Analysis, Market Structures, Pricing Policies |
| MBA-103 | Business Environment and Indian Ethos | Core | 4 | Economic Environment, Social & Cultural Environment, Political & Legal Environment, Business Ethics, Corporate Social Responsibility |
| MBA-104 | Accounting for Management | Core | 4 | Financial Accounting Principles, Cost Accounting Concepts, Management Accounting Tools, Financial Statement Analysis, Budgetary Control |
| MBA-105 | Business Statistics | Core | 4 | Data Collection & Presentation, Measures of Central Tendency, Probability Distributions, Sampling Methods, Hypothesis Testing |
| MBA-106 | Communication Skills and IT Application Lab | Lab | 2 | Oral Communication, Written Communication, Presentation Skills, MS Office Applications, Internet & Email Etiquette |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MBA-201 | Marketing Management | Core | 4 | Marketing Concepts, Market Segmentation, Product Decisions, Pricing Strategies, Promotion Mix, Distribution Channels |
| MBA-202 | Financial Management | Core | 4 | Capital Budgeting, Working Capital Management, Cost of Capital, Capital Structure, Dividend Policy |
| MBA-203 | Human Resource Management | Core | 4 | HR Planning, Recruitment & Selection, Training & Development, Performance Management, Compensation & Benefits, Industrial Relations |
| MBA-204 | Operations Management | Core | 4 | Production Systems, Facility Layout, Inventory Management, Quality Management, Supply Chain Management |
| MBA-205 | Research Methodology and Quantitative Techniques | Core | 4 | Research Design, Data Collection Methods, Sampling Techniques, Hypothesis Testing, Multivariate Analysis |
| MBA-206 | Business Simulation and Analytics Lab | Lab | 2 | Business Simulation Models, Data Analytics Tools, Decision Making Techniques, Data Interpretation, Case Studies in Business |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MBA-301 | Strategic Management | Core | 4 | Strategic Planning Process, Environmental Analysis, Strategy Formulation, Strategy Implementation, Strategic Control |
| MBA-302 | Business Law and Ethics | Core | 4 | Indian Contract Act, Sale of Goods Act, Consumer Protection Act, Company Law, Business Ethics |
| MBA-303 | Entrepreneurship Development | Core | 4 | Entrepreneurial Process, Business Idea Generation, Business Plan Development, Funding Sources, Legal Aspects of Start-ups |
| MBA-304(PO) | Production Planning and Control | Elective (Production & Operations Management) | 4 | Forecasting Techniques, Aggregate Planning, Master Production Scheduling, Material Requirements Planning (MRP), JIT and Lean Manufacturing |
| MBA-305(PO) | Total Quality Management | Elective (Production & Operations Management) | 4 | Quality Philosophies, Quality Costs, Statistical Process Control (SPC), Six Sigma Methodology, TQM Implementation, ISO Standards |
| MBA-306 | Project Work (Summer Internship) | Project | 4 | Problem Identification, Data Collection, Analysis & Interpretation, Report Writing, Presentation Skills |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MBA-401 | International Business | Core | 4 | Globalization & International Trade, Foreign Exchange Markets, Multinational Corporations (MNCs), International Marketing, Global Human Resource Management |
| MBA-402 | Management Information System | Core | 4 | Information Systems Concepts, Database Management, Decision Support Systems (DSS), Enterprise Resource Planning (ERP), Customer Relationship Management (CRM) |
| MBA-403(PO) | Supply Chain Management | Elective (Production & Operations Management) | 4 | Supply Chain Design, Logistics Management, Inventory Management in SCM, Transportation Management, SC Performance Measurement |
| MBA-404(PO) | Operations Research | Elective (Production & Operations Management) | 4 | Linear Programming, Transportation Problems, Assignment Problems, Queuing Theory, Simulation Techniques |
| MBA-405(PO) | Technology and Innovation Management | Elective (Production & Operations Management) | 4 | Technology Strategy, Innovation Process, R&D Management, Technology Transfer, Intellectual Property Rights (IPR) |
| MBA-406 | Dissertation | Project | 8 | Research Problem Formulation, Literature Review, Methodology Design, Data Analysis, Thesis Writing, Viva Voce |
