Top industries you can work in after an MBA in Operations Management

The Bureau of Labor Statistics projects that the employment of operations managers will grow by 6% between 2020 and 2030 – about as fast as the national average for all occupations. Operations management is the administration of a company’s structure, methods, and processes to increase efficiency and optimize profits. As an operations manager, you are in charge of making sure a firm runs smoothly and efficiently. This involves responsibilities including managing the supply chain, supervising various divisions, and guiding day-to-day operations.

To get a lucrative career in operations management, you require the necessary skills and qualifications. An MBA in Operations Management program focuses on providing students with the information and abilities necessary to manage an organization’s operations. Students who complete this program obtain skills and expertise in areas such as process improvement, supply chain, and cost management. It makes way for improved job possibilities, greater earnings, and the chance to work in various industries, including manufacturing, healthcare, retail, and consulting. Let’s explore the industries you can work in after an MBA in Operations Management.

Industries you can work in post-MBA in Operations Management

Jobs after an MBA in Operations Management can be in the following common industries:

1. FMCG

The fast-moving consumer products industry is evergreen. The industry makes, distributes, and manages a diverse variety of items, including food and drinks, personal care, medications, and plastics. In the FMCG industry, an operations manager is responsible for the day-to-day operations of the manufacturing plant. They are responsible for ensuring that production targets are met, quality standards are maintained, and operational efficiency is maximized. They also examine production data, identify areas for improvement, and implement plans to increase efficiency and lower costs.

2. Consulting

Organizations from a variety of sectors are looking for operations consultants to help them overcome operational difficulties, improve performance, and cut costs. Operations consultants assist organizations in enhancing their value chains by increasing their functionality, efficiency, and growth. They assist organizations in analyzing essential procedures, optimizing management, and various other aspects of the business. They help in distribution and logistics planning, estimating demand, and determining the quantity of stocks to order.

3. Healthcare

A collaborative survey by healthcare service provider Pristyn Care India and job portal Indeed revealed a 22.4% increase in job posts in the healthcare sector. This expansion is being driven by the increasing complexity of healthcare systems and a greater emphasis on cost management and efficiency. These problems need experienced managers to manage operations, enhance services, and maintain regulatory compliance. Healthcare operations management seeks to improve patient outcomes, optimize resource allocation, streamline procedures, and reduce costs.

4. Manufacturing

Operations management examines each stage of the production process, from design to delivery and inventory, to ensure that operations function as effectively as possible while minimizing costs. These managers strive to decrease waste, improve goods’ quality, and increase customer happiness and corporate revenues. They are in charge of supply chain management, resource allocation, production planning and control, quality control, maintenance, inventory management, and other tasks.

5. IT

As organizations become more reliant on technology, the demand for qualified IT operations managers increases. From 2023 to 2031, the global IT operations management (ITOM) market is expected to grow at a CAGR of 12.10%, from USD 15.23 billion in 2022 to 2030.

Operations management in IT plays a critical role in ensuring that an organization’s technological systems and infrastructure run smoothly and efficiently. They supervise the day-to-day activities of the IT operations team, administer the company’s IT infrastructure, and verify that all systems comply with the organization’s standards and rules.

6. E-commerce

As the e-commerce market evolves, the need for e-commerce operations managers is projected to rise. Between 2016 and 2026, the Bureau of Labor Statistics anticipates a rise of approximately 2,300 new employment for general and operations managers in e-commerce. Job searchers may expect more vacancies and advancement chances in the field.

An e-commerce operations manager is responsible for inventory management, order fulfillment, and customer interactions. They improve operational efficiency, promote online sales, and boost customer happiness.

7. Banking and Finance

Bank operations managers’ job is predicted to expand substantially faster than the average over the next decade. This expansion is being driven by the rising complexity of financial transactions, regulatory regulations, and banks’ need to improve operational efficiency and customer service.

A bank operations manager is responsible for collaborating with several departments to ensure operational efficiency, compliance with banking rules, and the provision of high-quality customer service. Their tasks also include optimizing operational procedures, managing staff, and adopting policies that are consistent with the bank’s objectives, ensuring that the bank runs smoothly and efficiently.

MBA in Operations Management with MAHE

Manipal Academy of Higher Education (MAHE) offers an online Master of Business Administration (MBA) in Operations Management program that seeks to provide professionals with the most up-to-date skills in operations management. MAHE helps students reach their full potential by offering them accessible, affordable, and industry-relevant degrees and new-age certificates from premier colleges and institutions.

• The course possesses a more industry-oriented approach, which allows students to obtain real-world experience through various industry-related courses, modules, and projects.
• The modules provided are focused on improving strategic thinking and decision-making abilities.
• You can join learners from over 1,500 cities and towns in 50 countries to connect, network, and exchange ideas with a varied peer group from a variety of sectors, domains, regions, and levels of expertise.
• Increase your chances of landing a job by taking advantage of MAHE’s career-readiness sessions, resume development seminars, and expert-led webinars, as well as virtual placement drives.

Conclusion

If you would like to manage resources and develop operational strategies in any of the industries mentioned above, you might consider pursuing an MBA in Operations Management to prepare for a future in this profession. According to the United States Bureau of Labor Statistics (BLS), general and operations managers can earn more than USD 160,000 per year, depending on their sector.
An MBA in Operations Management combines a traditional business administration degree with a strong focus on logistics and operations. This degree includes courses in supply chains, data analysis, project management, business forecasting, quality control, and production planning. It teaches students how to acquire effective organizational and analytical abilities, as well as how to manage a business’s planning, production, and manufacturing processes. Individuals seeking operations management jobs with an online MBA may have a competitive edge over those without one.