Masters of Business Administration (MBA) programs in operations management prepare students to oversee the day-to-day operations of a company's production of goods or services through advanced studies in organizational behavior, quality control and production planning. Students in this two-year program also learn to delegate tasks to employees, manage daily operations, formulate policies, and plan business purchases. Applicants need a bachelor's degree for admission, preferably in a related field.
Master's Degree in Operations Management
An MBA program in operations management combines classroom lectures with written assignments, simulated operations experiences and examinations. Students are often expected to review and analyze the operational methods of several different types of businesses, such as retail establishments, restaurants, and manufacturing firms. The core coursework in an MBA program in operations management focuses heavily on management principles and strategies. Possible course titles include:
- Accounting for management
- Operations management
- Financial management
- Managerial economics
- Production planning and control
- Quality control
Employment Outlook and Salary Info
According to the U.S. Bureau of Labor Statistics (BLS), operations managers are responsible for coordinating the practical operations of private and public sector businesses. General and operations managers held over two million jobs in May 2018. There was expected to be 7% job growth for general and operations managers between 2018 and 2028. The mean annual salary of general and operations managers in May 2018 was $123,880 (www.bls.gov).
Overall, an MBA in operations management provides students with the theoretical and hands-on business training they need for a career as an operations manager.