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MBA Materials Management is a 2-years postgraduate management degree course which is centred around laboratory and field studies with theoretical and computational skills aimed at addressing issues related to Materials and Stores Management. The subject helps in studying the Planning, Organization, Leading and Controlling Materials.
The basic eligibility criteria required to pursue the course include candidates having cleared their graduation in any discipline with an average aggregate score of 50% or equivalent CGPA from a recognized university. Admissions to the course are done on the basis of MBA Entrance Exams such as CAT, XAT, MAT, SNAP and CMAT.
The departments facilitating MBA in Materials Management are certified by UGC, AICTE, NBA, AMBA. The fee of this course can start from INR 50,000 to 10,00,000 while the placement package is INR 8,00,000 for MBA Jobs. The positions that are offered to MBA students like that of Purchase Manager, Strategic Planner and Materials Analyst. Read MBA Specialization
Table of Contents |
MBA Material Management: Course Highlights
Highlights of the MBA Materials Management is given in the tabulated form below with basic information related to
Course Level | Postgraduate Level |
Full-Form | Masters of Business Administration in Materials Management |
Duration | Two years |
Examination type | Semester system |
Eligibility | 60% in the last qualifying examination in BBA |
Admission Process | Entrance Test & Personal Interview |
Course Fee | INR 2,00,000 – 10,00,000 |
Average Salary | INR 5,00,000 - 7,00,000 |
Employment Areas | Inventory Manager, Business Development Manager, Asset Manager, Corporate Manager, Senior Consultant , Market Research Analyst, Marketing Executive, Operations Manager. |
Recruiting Companies | GlaxoSmithKline ,Raymond, PepsiCo ,Hyundai , Mahindra & Mahindra, Future Group, Maruti Suzuki, Ford , SAIL, Nestle, HUL, DTDC , Himalaya, ITC, Reliance Industries Ltd. |
What is MBA in Material Management?
MBA Materials Management aims at making the student a professional ecologist and researcher. This course highlights the development of new technologies that would create a long term solution and also open business avenues.
- The topics that the candidates can cover in this course are Principles of Management and Organizational Behaviour.
- This program encourages graduates to grow more consciousness and awareness about Material Management aspects such as Business Research Methodology, Operations Management ,Material Management, Purchasing and Procurement Management.
- The course is designed to cover ,learn and research every topic that comes under the bar of Management and prepare students for practical implications.
- The way of assessment in this course is the semester exam at the end and also the review of the project performed during the two year span.
- An advanced level of study of Sustainable Management, Business Environment and Ethics, Quantitative Techniques for Management can be expected.
- The aim is to help the Materials and Procurement Manager is to develop, articulate and gather information in an area and spread the knowledge in the same frontier.
- In future these candidates can be great researchers and academicians.
MBA in Materials Management provides a platform to build the innovative minds of thousands of talented students to manage materials like raw materials, work in progress materials, finished good materials .
- It is a practical work based subject so it needs the improvement in their performance during the course by analysing the subject.
- Immediate first hand application i.e. Planning, Organizing, Leading and Controlling is the highlight of this course. Students get to learn and perform that is how the curriculum is set up.
- MBA in Materials Management degree flows around several disciplines before choosing the specialisation.
- The continuous adaptive learning by expanding the skill set in response to the new developments and changing environment.
- In this 2 year programme the students are prepared to be job ready with the immediate completion of the course.
- They are offered jobs for the role of Packing and Distribution Management, Export and Import Trade ,Total Quality Management, Inbound and Outbound Logistics.
- The average annual salary can be from INR 6,50,000 to 10,00,000.
What is the MBA Material Management Admission Process?
Institutes in India take into consideration the last qualifying examination i.e. Graduation Degree as well as their own entrance examination for admission in MBA in Materials Management.
- The top universities especially Indian Institute of Materials Management conduct entrance examinations while the private institutions conduct their own admission test and interview sessions.
- While some universities have the direct admission system on the basis of the weightage of marks in the UG degree/Diploma and 10+2 score.
How to apply for MBA Material Management?
Candidates have to register and then wait for the notification of availability of online application.
- After filling up the application with the correct details i.e. degree, marks obtained, experience, current profile where one month is given for completing and finally submitting the application.
- Uploading the required documents and paying the application fee is a crucial step otherwise the application will not be accepted.
- Application will be considered only after successful payment of fees.
- The Entrance exam gives the option to choose from the exam centres according to the convenience of the candidate.
- Candidates need to sit for the exam on the given date as mentioned in the website and admit card .
What is Eligibility Criteria for MBA Material Management?
The eligibility criteria for MBA in Materials Management is almost similar across all universities in India. The candidates must have one of the following degrees as mentioned below
- BBA Course or any other Bachelor Degree from an institute or college recognized by University Grants Commission.
- Bachelor Degree (BBA/BTech/BA/BSc) in the relevant field from a recognized college.
- Candidates must have secured at least 60% in the last qualifying exam.
Check: MBA Eligibility
What are the top MBA Material Management Entrance Exams?
Most institutes take direct admission on experience or Bachelor degree marks, entrance examination is conducted only by few universities which is followed by merit screening.
- CAT: It is conducted by Indian Institute Management. The official website for this exam is iimcat.ac.in. The duration of CAT Exam is two hours consisting of three sections.
- GMAT: It is an internationally accepted score and valid upto 5 years.Candidates can appear for GMAT 5 times a year.
Some of popular entrance examination for MBA in Materials Management are
MBA Material Management Syllabus
MBA Materials Management is a dynamic stream with various region of specialization.The table below includes all the subjects that a Junior Research Fellow can specialize in
Principles of Management and Organizational Behaviour | Packing Distribution Management |
Quantitative Techniques for Management | Total Quality Management |
Marketing Management | Purchasing and Procurement Management |
Management Information Systems | Business Environment and Ethics |
Managerial Economics | Logistic and Supply Chain Management |
Material and Store Management | Project Management & Documentation |
Corporate Communication | Strategic Management |
Human Resources Management | Enterprise Resource and Planning |
MBA in Materials Management Important Books
These are some of the essential books during MBA Material Management are
Books | Author |
---|---|
Indian Financial System | Pathak Bharti |
Project Management | Dr. Raj Kumar Yadvendra |
Management of Financial Services | Kanu Jain |
Introduction to Materials Management | N. Chapman Stephen, Arnold J.R. Tony |
Purchasing and Materials Management | P. Gopalakrishnan |
Materials Management a Supply Chain Perspective | Chitale |
Materials Management with SAP ERP | Martin Murray and Jawad Akhtar |
MBA Material Management Top Colleges
These are some of the top universities for MBA Materials Management in India with the geographical location, fees ,and annual expected salary mentioned as follows
College Name | Location | Average Annual Fees |
---|---|---|
INDIAN INSTITUTE OF MATERIAL MANAGEMENT | Kolkata | INR 8,00,000 |
CHRIST UNIVERSITY | Bangalore | INR 3,00,000 |
INDIAN INSTITUTE OF MATERIAL MANAGEMENT | Trichy | INR 8,00,000 |
XAVIER SCHOOL OF MANAGEMENT | Jamshedpur | INR 5,00,000 |
SLIET | Sangrur | INR 51,000 |
NATIONAL SCHOOL OF BUSINESS | Bangalore | INR 4,30,000 |
BIRLA GLOBAL UNIVERSITY | Bhubaneswar | INR 7,00,000 |
NSU | Jamshedpur | INR 2,71,000 |
SVPM'S INSTITUTE OF MANAGEMENT | Pune | INR 79,500 |
LPU | Jalandhar | INR 2,32,000 |
Course Comparison: MBA Material Management vs MBA Actuarial Science
MBA Material Management and MBA Actuarial Science are both demanding courses due to their similarity in purpose i.e. of sustainability, renewability. Both the MBA courses have differences in their areas of research specialization which is hereby given in the tabulated form.
PARAMETERS | MBA Material Management | MBA Actuarial Science |
---|---|---|
Overview | MBA in Materials Management that deals with all the materials related activities in an organization such as logistics, inspection, supply, standardisation and proper storage. | MBA in Actuarial Science is a specialized professional course where mathematical and statistical skills are fundamental in order to risk in the insurance and financial sector. |
Admission procedure | The admission is mainly done by the score in the entrance examination like self conducted exams by the universities like XAT,GMAT,CAT. | The admission is carried out by following the entrance examination like CAT,SNAP, GMAT. |
Course Fee | INR 3,00,000-8,00,000 | INR 10,000 to 20,00,000 |
Eligibility | Minimum aggregate of 60% in BSc or BTech with more than a few years of experience. | 60-70% marks in Bachelors Degree. |
Syllabus | Managerial Economics, Packing and Distribution Management, Accounting and Finance for Managers, Logistic and Supply Chain Management, Materials and Stores Management. | Financial Mathematics, General Insurance, Life and Health Contingencies, Statistical Methods, Actuarial Risk Analysis ,Business Economics , Capital and Reserving Modelling. |
Top Institutes | INDIAN INSTITUTE OF MATERIAL MANAGEMENT,CHRIST UNIVERSITY | Shankarlal Khandelwal Arts and Science College, Bishop Heber College, Chidambaram Pillai College. |
Job Profile | Materials Manager, Inventory Manager, Purchase Officer, Materials Supervisor, Sourcing Manager. | Actuarial Modeller, Quantitative Analyst, Actuarial Analyst. |
Average Annual salary | INR 4,00,000 – 8,00,000 | INR 5,00,000-7,00,000 |
![Course](https://images.collegedunia.com/public/image/70c4dc02cc14b47946dcbc25ab236694.png?tr=w-600,h-371,c-force)
MBA Material Management Jobs
Generation of employment opportunities will be rising as the world is suffering from resource crisis and Materials Management is a long term sustainable solution to the problem.The top three nations will create more jobs in this field which are China,India,US and Germany.
- The employment areas are TATA,IBM,Godrej,ITC,Hindustan Unilever,Future Group,DTDC as a Purchase Manager,Strategic Planner,Materials Analyst, Supply Chain Manager.
- Big shot companies like Microsoft,Google,Amazon offer a position known as Sustainability Regional Lead with a very competitive base salary,annual bonus,stock and good benefits exchange.
- The students may join Institutes as a faculty or a researcher (Doctoral Research Committee)or they may choose to work independently.
The career option is diverse as mentioned in the beginning –
Job Profile | Job Description | Average Annual Fee |
---|---|---|
Purchase Manager | To maintain purchase records of the raw material,equipment and supplies. | INR 5,00,000 to 7,00,000 |
Materials Manager | To ensure material flow,quality control. | INR 5,50,000 to 8,00,000 |
Inventory Manager | To maintain inventories of all transactions,procurement ,planning . | INR 3,50,000 to 6,00,000 |
Sourcing Manager | To manage the company supply portfolio ,implement strategies for sourcing and category management. | INR 5,00,000 to 6,00,000 |
Materials Analyst | To design supply chain management of the company ,transport ,export and import. | INR 4,00,000-6,00,000 |
![Average Salary](https://images.collegedunia.com/public/image/a9c41b823455ca303bf40cda1d1c1299.png?tr=w-600,h-371,c-force)
MBA Material Management Future Scope
The key to success in Materials Management is the ability to get funded and the ability of management of Logistics and Materials Quality which will keep growing a Master of Business Administration but money solely cannot be the driving force in this field.
- The fact that research and the hunger to know and find out about new developments with complete authority while working is what pushes a MBA Materials Management to go for higher studies, they voluntarily choose to be a part of the ecosystem by becoming a full time researcher and a part time professor.
- The consolidated fellowship is INR 40,000 to 65,000 per month while in India the fellowship can be starting from INR 33,000 per month
- Few well known universities around the world famous for their Materials Management Departments where candidates can pursue their MBA are University Of Manchester,Imperial College London,University of Wyoming, Nottingham Trent University,University of Glasgow,Monash University among few.
MBA Material Management: FAQs
Ques. What is the fee structure in public and private college?
Ques. What is the average annual salary of a Material Manager after completion of MBA ?
Ques. Is MBA Materials Management a worthy option to take up or the candidate should directly join a company ?
Ques. What is the duration of the course ?
Ques. What makes Material Manager a desired course ?
Ques. Name some entrance examinations which are accepted by reputed institutes?
Ques. What is the most sought after job profile ?
Ques. What are some of the areas of specialisation in this course ?
Ques. What is the admission process in this course ?
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