- Degree Course Type
- Entry Level Qualification
- Degree Course Duration
- Course Fields
- Degree Course Entrance Exam
- Average Course Fee
- Average Salary Offered
- Course Details
- Course Highlights
- About Course
- Why Choose Course And Required Skills
- Eligibility
- Entrance Exams Details
- Degree Course Syllabus
- Top Colleges
- Course Fees
- Top Recruiters And Salary
- Course Scope And Career Options
- Admission Process
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Course Details
MBA IN MATERIALS MANAGEMENT
Degree Course Type
Masters
Entry Level Qualification
Graduate
Degree Course Duration
2 Year
Course Fields
Management
Average Course Fee
40000 - 250000
Average Salary Offered
600000 - 2000000
Course Highlights
Degree | Masters |
Full Form | Master of Business Administration in Materials Management |
Duration | 2 Years |
Age | No minimum specific age limit. |
Entrance Exam | CAT, MAT, XAT, GMAT, etc. |
Minimum Percentage | 50-60% in graduation for unreserved category and 45% for SC/ST/PWD categories. |
Average Fees | INR 40,000 - 2.5 LPA. |
Similar Options of Study | MBA in Logistics and Supply Chain Management |
Average Salary | INR 6 to 20 LPA |
Employment Roles | Material Managers, Purchase Managers, Warehouse Managers, etc. |
Opportunities | Reliance Industries, Amazon, Mahindra and Mahindra, Infosys, TATA Group, etc. |
About Course
MBA in Materials Management is becoming a widely popular course among candidates interested in planning, designing, building, logistics, etc. the material till it reaches its final destination. MBA in Material Management involves the thorough study of all material-related activities and how to carry them out in a cost-effective manner. To get through in material management, a bachelor’s degree is a must.
The also focuses on communication and negotiation skills which are an essential requirement of the industry as the main aim of the material manager is to bring down the cost, without compromising on the quality and timely supplies. MBA in Material Management is one of the fields of business study, however, it offers a great scope.
Why Choose Course And Required Skills
MBA in Material Management course helps students in knowing the process of managing raw materials, work-in-progress materials, and finished goods materials. Below are some points on why a student should pursue an MBA Material Management course:
1. The advanced materials sector is likely to be a USD 10 billion market in India by 2028.
2. India is a major producer of raw materials like iron ore, coal, bauxite, and copper.
3. Students will get to learn in detail about Export and Import Trade, Total Quality Management, Inbound and Outbound Logistics, and others.
4. The course expands the skill set of students with respect to the new developments and changing environment in the demands of the materials sector.
MBA in Material Management graduates should possess both technical skills and soft skills to prosper in a professional career. After completing an MBA in Material Management, the following skills will be gained:
1. Manufacturing: The graduates should know the manufacturing roles, where they will be responsible for managing the production process and ensuring that the organization's products are of high quality.
2. Supply Chain Management: The MBA professionals should know to manage the flow of materials and resources within an organization, from sourcing to delivery.
3. Basic Idea of Operations: They should know how to manage the day-to-day activities of an organization, such as production, inventory management, and distribution.
4. Knowledge of Materials: MBA professionals should know basic types of materials and their processing methods and delivery.
5. Goods Handling, Package, and Storage: The students should know how to handle certain sensitive goods and their packaging methods for ideal storage.
Eligibility
The MBA in Materials Management eligibility requirements vary from college to college. Below are a set of standard eligibility criteria that students must fulfill to take up this course:
1. Aspirants should score a minimum of 50-60% aggregate marks in the bachelor's degree from a recognized institute. There is a 5% relaxation in marks for reserved category students.
2. Students must clear the standard entrance examinations like CAT, MAT, XAT, etc.
3. There is no minimum specific age limit to take up the course.
Entrance Exams Details
The students have to take part in various entrance exams conducted at the national, state, or college level to seek admission to the MBA Material Management course. Listed below are some of the important national-level entrance exams:
1. CAT
2. MAT
3. XAT
4. CMAT
5. GMAT
Degree Course Syllabus
First Year:
Principles of Management and Organisational Behavior | Quantitative Techniques for Management | Marketing Management |
Research Methods for Management | Managerial Economics | Corporate Communication |
Human Resources Management | Operations Management | Accounting and Finance for Managers |
Second Year:
Packing and Distribution Management | Total Quality Management | Purchasing and Procurement Management |
Project Management | and Documentation | Business Environment and Ethics |
Materials and Stores Management | Strategic Management | Logistic and Supply Chain Management |
Top Colleges
Following are some of the top colleges offering Management courses:
Xavier Labour Relations Institute (Jamshedpur), Department of Management Studies, Indian Institute of Technology (Delhi), Indian Institute of Management (Lucknow), Shailesh J Mehta School of Management (Mumbai), Institute of Management-Christ University (Bangalore). You can explore these colleges on our website to check if they offer MBA - Materials Management or not.
Course Fees
The average fee for MBA - Materials Management is INR 2,50,000 per year.
Top Recruiters And Salary
Masters in Material Management graduates can work in various job areas such as IT, Manufacturing, E-commerce, Telecommunications, etc., in various government and private companies with job roles like Materials Managers, Operations Managers, Purchase Managers, etc. Some of the MBA in Material Management job designations with companies are listed below:
MBA in Material Management Jobs | Job Description | Companies | Salary (INR) |
Materials Manager | Planning, procurement, storage, control, and distribution of materials and products according to company needs | Reliance Industries, Larsen and Toubro, Mahindra and Mahindra, Ultratech Cements | 10 LPA |
Supply Chain Manager | Coordinates, organizes and oversees all activities involved in the identification, acquisition, production, and distribution of the company's goods | Bharti Airtel, L&T, Maruti Suzuki, ABB, Bajaj Electricals | 13.2 LPA |
Purchase Manager | Heads a team responsible for procuring goods and services for resale | Schneider Electric, JCB, TATA Motors,Bosh, Siemens | 6.6 LPA |
Production Manager | Oversees the production process and coordinates all activities to ensure enough resources on hand | Amazon, Infosys, Cipla, Google, Wipro | 8.4 LPA |
Warehouse Manager | Coordinate and monitor the receipt, order, assembly, and dispatch of goods | Future Group, TVS, Asian Paints, BigBasket | 4.8 LPA |
Course Scope And Career Options
Materials Management has diverse employment in. From railways to research, to the military to public transport to supply chain industries, material managers can be found everywhere. Not only this, with great managerial skills and zeal for your career, you can even go up to the level of Chief Purchasing Officer (CPO) and President. Following is some of the popular jobs in the field of material manager:
1. Supply Chain Manager
2. Purchasing Manager
3. Materials Manager
4. Quality Manager
5. Logistics
6. Inventory Manager
7. Purchase Officer
8. Materials Supervisor
Admission Process
The admission procedure for the MBA in Material Management course is either through an entrance exam score or on a merit basis. Listed below is the admission process to be followed to pursue the MBA in Materials Management course:
Step 1: The candidate can fill out the application form for respective colleges through online or offline mode.
Step 2: The students need to clear the entrance exams as required by the respective colleges.
Step 3: After entrance exam results are published, the colleges shortlist the candidates for GD and PI sessions.
Step 4: The candidate must finish the document verification process and pay the required college fees.
