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MMS in Operations at Prin. L. N. Welingkar Institute of Management Development & Research
Mumbai City, Maharashtra
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About the Specialization
What is Operations at Prin. L. N. Welingkar Institute of Management Development & Research Mumbai City?
This Operations specialization program at Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai, focuses on optimizing business processes, supply chains, and resource utilization to enhance efficiency and productivity. It is highly relevant in the dynamic Indian industrial landscape, where manufacturing, logistics, and service sectors are experiencing rapid growth. The program aims to equip future managers with analytical and strategic skills to tackle complex operational challenges in India''''s competitive market.
Who Should Apply?
This program is ideal for engineering graduates seeking to enter the manufacturing, logistics, or consulting sectors, as well as commerce graduates keen on understanding process optimization. Working professionals in mid-level roles aiming to upskill in supply chain management or quality control, and career changers transitioning into operations leadership, will find this program beneficial. Prior analytical aptitude and a desire to improve business efficiency are key prerequisites for success.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India-specific roles such as Supply Chain Manager, Operations Analyst, Quality Control Head, Production Manager, or Logistics Coordinator across various industries. Entry-level salaries typically range from INR 5-8 lakhs per annum, growing to INR 15-30 lakhs with experience. The program aligns with industry demand for professionals skilled in Lean Six Sigma and modern supply chain practices, contributing to significant growth trajectories in Indian companies.
Student Success Practices
Foundation Stage
Build a Strong Analytical Foundation- (Semester 1-2)
Focus intently on quantitative methods, business statistics, and accounting principles. These foundational subjects are crucial for understanding operational data and making informed decisions later. Engage in practice problems and case studies to solidify understanding.
Tools & Resources
Excel (for data analysis), Statistical software like R or Python (basics), Management textbooks and online tutorials
Career Connection
Strong analytical skills are indispensable for any operations role, enabling data-driven problem-solving and process improvement. This directly enhances employability in analytics-heavy operations positions.
Develop Effective Communication Skills- (Semester 1-2)
Participate actively in group discussions, presentations, and report writing exercises. Business communication is vital for conveying operational insights, coordinating with teams, and interacting with stakeholders in the Indian business context.
Tools & Resources
Grammarly, Presentation software (PowerPoint/Google Slides), Toastmasters International (for public speaking)
Career Connection
Clear communication helps in leading teams, presenting project findings, and negotiating with suppliers/vendors, critical for career progression in operations management.
Network and Seek Industry Exposure- (Semester 1-2)
Attend guest lectures, industry seminars, and workshops organized by the institute. Connect with alumni and industry professionals on platforms like LinkedIn to understand real-world operational challenges and career paths in India.
Tools & Resources
LinkedIn, Welingkar Alumni Network events, Industry association events (e.g., CII, FICCI)
Career Connection
Early networking can lead to valuable internship opportunities, mentorship, and insights into specific industry segments, facilitating better career choices and placements.
Intermediate Stage
Master Operations-Specific Software & Tools- (Semester 3)
Dive deep into learning ERP systems, project management software, and basic business analytics tools as soon as specialization subjects begin. Hands-on experience with these tools is highly valued in the Indian job market.
Tools & Resources
SAP (ERP), Oracle ERP (basic modules), MS Project, Primavera (for Project Management), Tableau, Power BI (for Business Analytics)
Career Connection
Proficiency in industry-standard software makes you job-ready for roles like ERP Consultant, Project Coordinator, or Operations Analyst, giving a competitive edge in placements.
Undertake Live Industry Projects and Internships- (Semester 3 (Summer Internship))
Actively seek and participate in internships and live projects focused on supply chain, quality management, or process improvement. This practical application of classroom knowledge is crucial for understanding India''''s operational ecosystem.
Tools & Resources
Institute''''s placement cell, Company websites for internship applications, Industry-specific forums
Career Connection
Internships provide invaluable real-world experience, often leading to pre-placement offers (PPOs) and significantly enhancing your resume for operations-centric roles.
Participate in Operations Case Competitions- (Semester 3)
Form teams and participate in inter-college or national-level operations case study competitions. These enhance problem-solving, teamwork, and strategic thinking skills in a simulated business environment relevant to Indian industries.
Tools & Resources
IIM/IIT conducted case competitions, Online platforms like Dare2Compete, Operations management journals and articles
Career Connection
Winning or even participating in such competitions demonstrates initiative, practical skills, and analytical prowess, which are highly regarded by recruiters for operations roles.
Advanced Stage
Specialize in Emerging Operations Areas- (Semester 4)
Focus on electives like Lean Management, Six Sigma, or Green & Sustainable Operations. Pursue certifications in these areas (e.g., Lean Six Sigma Green Belt) to align with industry trends and employer demand in India.
Tools & Resources
ASQ (American Society for Quality) certifications, Coursera/edX courses on Lean Six Sigma, Industry whitepapers on sustainable practices
Career Connection
Specialized knowledge and certifications make you a highly sought-after candidate for roles requiring advanced skills in process excellence and sustainable practices, leading to better career prospects.
Develop a Robust Capstone Project/Dissertation- (Semester 4)
Choose a project topic directly relevant to current operational challenges in an Indian industry. Conduct thorough research, data analysis, and propose actionable solutions. This project showcases your ability to apply learned concepts.
Tools & Resources
Research databases (JSTOR, EBSCO), Statistical software (SPSS, R), Mentorship from faculty and industry experts
Career Connection
A well-executed project serves as a significant talking point in interviews, demonstrating your problem-solving capabilities and industry-specific knowledge, often leading to direct employment opportunities.
Intensive Placement Preparation- (Semester 4)
Engage in rigorous mock interview sessions, group discussion practices, and aptitude test preparation. Tailor your resume and cover letter to highlight operations-specific skills, projects, and achievements relevant to Indian companies. Focus on behavioral and technical operations questions.
Tools & Resources
Welingkar Career Services, Online aptitude platforms (IndiaBix), Company-specific interview prep guides
Career Connection
Thorough preparation directly translates into better performance in recruitment drives, securing desirable positions in core operations, supply chain, or manufacturing sectors.
Program Structure and Curriculum
Eligibility:
- Bachelors Degree in any discipline with a minimum of 50% marks (45% for reserved categories) and valid score in MAH-CET/CAT/MAT/XAT/ATMA/CMAT.
Duration: 2 years (4 semesters)
Credits: 100 Credits
Assessment: Internal: 40%, External: 60%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MMS-C101 | Management Perspectives | Core | 4 | Evolution of Management Thought, Functions of Management (POSDCORB), Managerial Roles and Skills, Ethics and Social Responsibility, Decision Making and Problem Solving |
| MMS-C102 | Organizational Behavior | Core | 4 | Individual Behavior (Perception, Motivation), Group Dynamics and Team Building, Leadership Theories and Styles, Organizational Culture and Climate, Conflict Management and Change Management |
| MMS-C103 | Business Communication | Core | 4 | Communication Process and Barriers, Verbal and Non-Verbal Communication, Business Reports and Presentations, Intercultural Communication, Digital Communication and Etiquette |
| MMS-C104 | Business Economics | Core | 4 | Demand and Supply Analysis, Market Structures and Pricing Strategies, National Income and Business Cycles, Monetary and Fiscal Policies, International Trade and Globalization |
| MMS-C105 | Accounting for Management | Core | 4 | Financial Statements Analysis, Cost Concepts and Classifications, Budgeting and Budgetary Control, Marginal Costing and Break-Even Analysis, Capital Budgeting Decisions |
| MMS-C106 | Quantitative Methods for Management | Core | 4 | Linear Programming and Graphical Method, Transportation and Assignment Problems, Network Analysis (PERT/CPM), Decision Theory under Uncertainty, Game Theory and Queuing Theory |
| MMS-C107 | Business Statistics | Core | 4 | Data Collection and Presentation, Measures of Central Tendency and Dispersion, Probability and Probability Distributions, Hypothesis Testing (t, z, Chi-square), Correlation and Regression Analysis |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MMS-C201 | Marketing Management | Core | 4 | Marketing Mix (4Ps), Consumer Behavior and Market Segmentation, Product Life Cycle and Branding, Pricing Strategies and Channels of Distribution, Integrated Marketing Communications |
| MMS-C202 | Financial Management | Core | 4 | Capital Budgeting Techniques, Working Capital Management, Cost of Capital and Capital Structure, Dividend Policy Decisions, Sources of Finance and Financial Markets |
| MMS-C203 | Human Resource Management | Core | 4 | HR Planning and Job Analysis, Recruitment and Selection, Training and Development, Performance Appraisal and Compensation Management, Industrial Relations and Labor Laws |
| MMS-C204 | Operations Management | Core | 4 | Operations Strategy and Productivity, Process Design and Facility Layout, Capacity Planning and Scheduling, Inventory Management Techniques, Quality Control and Maintenance Management |
| MMS-C205 | Management Information Systems | Core | 4 | Role of MIS in Business, Database Management Systems, Decision Support Systems (DSS), ERP, SCM, CRM Applications, E-business and IT Strategy |
| MMS-C206 | Business Research Methods | Core | 4 | Research Design and Problem Formulation, Data Collection Methods (Primary/Secondary), Sampling Techniques and Questionnaire Design, Data Analysis and Interpretation, Report Writing and Ethical Considerations |
| MMS-C207 | Legal Aspects of Business | Core | 4 | Indian Contract Act, 1872, Sale of Goods Act, 1930, Consumer Protection Act, 2019, Companies Act, 2013 (Basics), Intellectual Property Rights (IPR) |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MMS-O301 | Service Operations Management | Core - Operations | 4 | Characteristics of Services, Service Design and Development, Service Quality and Measurement, Capacity and Demand Management in Services, Waiting Line Management |
| MMS-O302 | Supply Chain Management | Core - Operations | 4 | Introduction to SCM and its Drivers, Supply Chain Network Design, Logistics and Transportation Management, Inventory Management in SCM, Information Technology in SCM |
| MMS-O303 | Quality Management | Core - Operations | 4 | Total Quality Management (TQM) Principles, Quality Costs and Measurement, Statistical Process Control (SPC), Acceptance Sampling, ISO Standards and Quality Awards |
| MMS-OE301 | Enterprise Resource Planning | Elective - Operations | 4 | ERP Concepts and Architecture, ERP Implementation Challenges, ERP Modules (HR, Finance, SCM, CRM), Benefits of ERP Systems, ERP in specific industries |
| MMS-OE302 | Project Management | Elective - Operations | 4 | Project Life Cycle and Selection, Project Planning and Scheduling (Gantt, PERT/CPM), Project Costing and Budgeting, Project Risk Management, Project Monitoring and Control |
| MMS-OE303 | Purchasing and Materials Management | Elective - Operations | 4 | Purchasing Process and Policies, Vendor Selection and Development, Inventory Control Techniques, Stores Management and Warehousing, Value Analysis and Negotiation Skills |
| MMS-OE304 | Logistics Management | Elective - Operations | 4 | Logistics Systems and Components, Transportation Management Modes, Warehousing and Distribution Strategies, Material Handling and Packaging, International Logistics and Documentation |
| MMS-OE305 | Technology & Innovation Management | Elective - Operations | 4 | Concepts of Technology and Innovation, Technology Strategy and Forecasting, R&D Management and Commercialization, Intellectual Property Rights, Innovation Ecosystems and Policies |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MMS-O401 | Strategic Operations Management | Core - Operations | 4 | Operations Strategy Formulation, Competitive Capabilities and Priorities, Process Choice and Design Decisions, Capacity and Facilities Strategy, Global Operations Strategy |
| MMS-O402 | Business Analytics for Operations | Core - Operations | 4 | Introduction to Business Analytics, Data Mining and Visualization, Predictive Analytics for Operations, Optimization Techniques for Operations, Simulation Modeling in Operations |
| MMS-OE401 | Lean Management & Six Sigma | Elective - Operations | 4 | Principles of Lean Manufacturing, Value Stream Mapping and Waste Reduction, Introduction to Six Sigma Methodology (DMAIC), Six Sigma Tools and Techniques, Lean Six Sigma Implementation |
| MMS-OE402 | Green & Sustainable Operations | Elective - Operations | 4 | Environmental Management Systems (EMS), Sustainable Supply Chains, Waste Management and Recycling, Green Technology and Eco-design, Corporate Social Responsibility in Operations |
| MMS-OE403 | Operations Strategy | Elective - Operations | 4 | Alignment of Operations with Business Strategy, Developing Operations as a Competitive Weapon, Manufacturing and Service Strategy Decisions, Technology and Workforce Strategy in Operations, Global Operations Strategy Challenges |
| MMS-P401 | Project Report | Project | 4 | Research Problem Identification, Literature Review and Research Design, Data Collection and Analysis, Findings, Conclusions, and Recommendations, Report Writing and Presentation |
