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MBA in Production Operations Management at Lorven International Institute of Management Studies
Bengaluru, Karnataka
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About the Specialization
What is Production & Operations Management at Lorven International Institute of Management Studies Bengaluru?
This Production & Operations Management program at Lorven International Institute of Management Studies focuses on optimizing the processes of creating goods and services. Given India''''s burgeoning manufacturing and service sectors, the specialization is highly relevant for enhancing efficiency, productivity, and quality. The program differentiates itself by integrating modern techniques like lean, agile, and supply chain strategies crucial for contemporary Indian industries. It addresses the growing demand for professionals who can navigate complex operational challenges in a dynamic market.
Who Should Apply?
This program is ideal for fresh graduates seeking entry into the manufacturing, logistics, or service industries, aiming for roles in production, quality, or supply chain. It also caters to working professionals looking to upskill their operational expertise, enhance career progression, or transition into management roles. Individuals with a background in engineering, commerce, or business administration who possess analytical skills and a drive for efficiency would find this specialization particularly rewarding.
Why Choose This Course?
Graduates of this program can expect promising career paths in roles like Operations Manager, Supply Chain Analyst, Quality Assurance Manager, or Project Manager across various sectors in India. Entry-level salaries typically range from INR 4-7 lakhs per annum, with experienced professionals earning significantly more. The growth trajectories in Indian companies often lead to leadership positions, aligning with the industry''''s continuous need for operational excellence and efficiency improvements, potentially leading to certifications like Six Sigma or PMP.
Student Success Practices
Foundation Stage
Solidify Core Management Principles- (Semester 1-2)
Actively engage in lectures and discussions on fundamental management, economic, and financial concepts. Form study groups to dissect case studies, focusing on how these theories apply to Indian business contexts.
Tools & Resources
Core textbooks, HBR case studies (Indian context if available), Online management courses (e.g., NPTEL, Coursera), Peer study groups
Career Connection
A strong foundation ensures a holistic understanding of business, crucial for effective decision-making in any management role, including operations.
Develop Quantitative & Analytical Skills- (Semester 1-2)
Master Business Statistics and Computer Applications. Practice data analysis using Excel, basic statistical software, and apply these skills to solve quantitative problems from Indian industry reports or fictional business scenarios.
Tools & Resources
MS Excel, R/Python for beginners, Khan Academy, GeeksforGeeks for basic programming/statistics
Career Connection
Essential for operations roles involving forecasting, inventory management, quality control, and process optimization.
Enhance Professional Communication & Ethics- (Semester 1-2)
Focus on improving both written and oral communication through presentations, report writing, and active participation in class debates. Understand Indian business ethics and corporate social responsibility principles.
Tools & Resources
Toastmasters clubs (if available), Business communication guides, News articles on ethical business practices in India, Mock interviews
Career Connection
Effective communication is vital for leading teams, negotiating with suppliers, and presenting operational strategies, while ethics build trust and reputation.
Intermediate Stage
Deep Dive into Operations Specialization- (Semester 3)
Beyond classroom learning, undertake mini-projects or simulations related to supply chain, quality management, or project management. Seek guest lectures from Indian operations professionals and participate in relevant workshops.
Tools & Resources
Operations management simulation software, Industry journals (e.g., Logistics Management, Supply Chain Management Review), LinkedIn for industry insights
Career Connection
Builds specialized knowledge and practical skills directly applicable to operations roles, making you a more attractive candidate for internships and placements.
Pursue Industry Internships & Certifications- (Semester 3)
Actively seek internships in manufacturing, logistics, or service companies in India. Apply classroom knowledge to real-world problems. Consider pursuing relevant certifications like Six Sigma Green Belt or PMP foundation courses.
Tools & Resources
College placement cell, Internship portals (Internshala, LinkedIn), Certification bodies (ASQ, PMI India chapters)
Career Connection
Internships provide invaluable experience and networking opportunities, while certifications demonstrate specialized expertise and commitment to the field.
Network with Operations Professionals & Alumni- (Semester 3-4)
Attend industry events, seminars, and webinars focusing on operations and supply chain trends in India. Connect with Lorven alumni working in operations roles to gain insights and mentorship.
Tools & Resources
Industry association events (e.g., CII, FICCI), Professional networking platforms (LinkedIn), College alumni network
Career Connection
Building a strong professional network can lead to job opportunities, mentorship, and a deeper understanding of industry dynamics.
Advanced Stage
Master Advanced Operations Tools & Techniques- (Semester 4)
Focus on advanced topics like Production Planning & Control, Lean & Agile Manufacturing, and Logistics. Work on capstone projects or research papers that apply these concepts to real Indian industry challenges.
Tools & Resources
ERP software tutorials (SAP/Oracle basics), Advanced Excel modeling, Academic databases for research papers
Career Connection
Develops high-level technical proficiency sought by employers for complex operational problem-solving and strategic roles.
Strategic Project Work & Placement Preparation- (Semester 4)
Dedicate significant effort to the Major Project Work, choosing a topic aligned with career aspirations in operations. Simultaneously, intensely prepare for placements through mock interviews, group discussions, and resume building workshops.
Tools & Resources
Placement office resources, Industry mentors, Online interview platforms, Professional resume writers
Career Connection
A well-executed project demonstrates research and application skills, while rigorous placement preparation maximizes chances of securing a desirable job.
Cultivate Leadership & Innovation Mindset- (Semester 4)
Participate in leadership roles within student organizations or manage small operational projects. Explore innovation in operations, focusing on how technology and new methodologies can drive efficiency and sustainability in the Indian context.
Tools & Resources
Leadership training programs, Books on innovation and lean management, Industry reports on emerging technologies
Career Connection
Positions graduates for leadership roles, fostering a proactive approach to operational improvements and driving organizational growth.
Program Structure and Curriculum
Eligibility:
- Bachelor''''s degree (10+2+3 or 10+2+4 pattern) from a recognized university with minimum 50% marks (45% for SC/ST/Cat-I candidates).
Duration: 2 years (4 Semesters)
Credits: 106 Credits
Assessment: Internal: 30%, External: 70%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 1.1 | Management & Organisational Behaviour | Core | 4 | Introduction to Management, Planning & Decision Making, Organizing, Staffing & Directing, Controlling, Organisational Behaviour |
| 1.2 | Managerial Economics | Core | 4 | Introduction to Managerial Economics, Demand Analysis, Production & Cost Analysis, Market Structure, Pricing Practices |
| 1.3 | Accounting for Managers | Core | 4 | Introduction to Accounting, Financial Statements, Funds Flow & Cash Flow, Ratio Analysis, Budgeting & Budgetary Control |
| 1.4 | Business Statistics | Core | 4 | Introduction to Statistics, Probability & Probability Distributions, Sampling & Estimation, Hypothesis Testing, Correlation & Regression |
| 1.5 | Marketing Management | Core | 4 | Introduction to Marketing, Product Decisions, Pricing Decisions, Place & Promotion Decisions, Marketing in the New Millennium |
| 1.6 | Computer Applications for Business | Lab | 2 | MS-Excel for Business, MS-Word, MS-PowerPoint, Internet & E-mail Usage, Tally ERP (Basic) |
| 1.7 | Business Communication | Lab | 2 | Principles of Communication, Oral Communication, Written Communication, Non-Verbal Communication, Presentation Skills |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 2.1 | Human Resource Management | Core | 4 | Introduction to HRM, HR Planning & Recruitment, Training & Development, Performance Management, Compensation Management |
| 2.2 | Financial Management | Core | 4 | Introduction to Financial Management, Time Value of Money, Capital Budgeting, Capital Structure, Working Capital Management |
| 2.3 | Operations Management | Core | 4 | Introduction to Operations Management, Facilities Management, Production Planning & Control, Inventory Management, Quality Management |
| 2.4 | Research Methods for Management | Core | 4 | Introduction to Research, Research Design, Sampling Techniques, Data Collection Methods, Data Analysis & Report Writing |
| 2.5 | Legal Aspects of Business | Core | 4 | Indian Contract Act, Sale of Goods Act, Consumer Protection Act, Company Law Fundamentals, Cyber Law |
| 2.6 | Entrepreneurship & Ethics | Core | 4 | Entrepreneurship Concepts, Business Plan Development, Institutions Supporting Entrepreneurship, Business Ethics, Corporate Governance |
| 2.7 | Skill Development | Lab | 2 | Self-Awareness, Interpersonal Skills, Team Building, Leadership Skills, Interview Skills |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 3.1 | Strategic Management | Core | 4 | Introduction to Strategic Management, Strategy Formulation, Strategy Implementation, Strategic Control, Global Strategy |
| 3.2 | Corporate Social Responsibility & Governance | Core | 4 | CSR Concepts & Principles, CSR in India, Corporate Governance, Ethics in Business, Sustainability Practices |
| 3.3 | Digital Transformation & AI for Business | Core | 4 | Digital Transformation, AI Concepts & Technologies, AI Applications in Business, Data Analytics Fundamentals, Emerging Digital Trends |
| 3.4 | Management Information Systems | Core | 4 | Introduction to MIS, Information Systems Development, Database Management Systems, E-commerce, Decision Support Systems |
| OM 3.1 | Supply Chain Management | Elective (Production & Operations Management) | 4 | Introduction to SCM, Logistics & Transportation, Inventory Management in SCM, SCM Strategy & Design, Global Supply Chain |
| OM 3.2 | Total Quality Management | Elective (Production & Operations Management) | 4 | Principles of TQM, Quality Gurus & Philosophies, Quality Tools & Techniques, Quality Standards (ISO), Six Sigma |
| OM 3.3 | Service Operations Management | Elective (Production & Operations Management) | 4 | Nature of Services, Service Design & Delivery, Service Quality, Capacity & Demand Management, Technology in Services |
| OM 3.4 | Project Management | Elective (Production & Operations Management) | 4 | Introduction to Project Management, Project Planning & Scheduling, Project Organization & Control, Risk Management, Project Closure |
| 3.5 | Internship Project | Core | 4 | Problem Identification, Literature Review, Research Methodology, Data Collection & Analysis, Report Writing |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 4.1 | International Business | Core | 4 | Introduction to International Business, Theories of International Trade, Global Trade & Investment, Foreign Exchange Markets, International Marketing & HRM |
| 4.2 | Business Analytics & Decision Making | Core | 4 | Introduction to Business Analytics, Data Mining Techniques, Predictive Analytics, Decision Modeling, Optimization Techniques |
| 4.3 | Financial Markets & Services | Core | 4 | Indian Financial System, Money Market, Capital Market, Banking & NBFCs, Investment Banking |
| OM 4.1 | Production Planning & Control | Elective (Production & Operations Management) | 4 | PPC Overview & Objectives, Demand Forecasting, Aggregate Planning, Master Production Scheduling, MRP & ERP Systems |
| OM 4.2 | Logistics Management | Elective (Production & Operations Management) | 4 | Introduction to Logistics, Transportation Management, Warehousing & Inventory, Material Handling, Reverse Logistics |
| OM 4.3 | Lean & Agile Manufacturing | Elective (Production & Operations Management) | 4 | Lean Principles & Tools, Value Stream Mapping, Just-In-Time (JIT), Agile Manufacturing, Kaizen & Kanban |
| OM 4.4 | Technology & Innovation Management | Elective (Production & Operations Management) | 4 | Technology Management, Innovation Process, R&D Management, Intellectual Property Rights, Technology Transfer |
| 4.4 | Major Project Work | Core | 8 | Research Design, Data Analysis & Interpretation, Findings & Discussions, Conclusion & Recommendations, Thesis Writing & Viva-Voce |
