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Navigating a career in Operations Management

Consider a scenario where you are the manager of a car manufacturing company. The company produces 100 cars per day. You are responsible for achieving the target of 100 units produced daily. You must ensure that the workers and assembly line is working at an optimum level.

You must also prepare for a sudden increase in demand or an increase in worker leaves. You also have to prepare a budget and control the costs. You must ensure that the raw material does not pile up and there is no delay in the delivery of finished goods. An operations manager is responsible for all these activities.

Operations management involves monitoring, controlling, and measuring the performance of each activity of the production process. It makes the process smooth and efficient.

An efficient operations manager has the following skills - 

•Multi-tasking - Managing the supply chain is the fundamental responsibility of an operations manager. Hence, they must multi-task when managing the business processes.

•People Management- The production process involves many stakeholders like labourers, suppliers, transporters, senior management, etc. The operations manager must communicate well and have the people skills to deal with various stakeholders.

•Risk management - The manager must be agile and adaptable to last-minute changes and unexpected circumstances. Risk management is an essential skill for an operations manager.

•Budget planning - The goal of any manager is to reduce costs and maximise profits. Hence, the operations manager must develop a budget and plan the expenses accordingly.

•Analytical skills -  Analytical skills are essential to drive meaningful conclusions. The manager must be good at analysing the data to understand the trends, patterns or threats. It will help them in inventory management, quality management and efficient and effective business operations.

•Leadership & Organisational skills - An operations manager must possess leadership, communication, and organisational skills. 

Operations management is a versatile domain and has many career prospects. You can find opportunities in various industries, such as manufacturing, healthcare, hospitality, retail, and more. Here are some typical roles within operations management:

•The Production Manager participates in the product design and planning production activities. The manager ensures that the products are standardized and are produced within time.

•The Supply Chain Manager optimises the flow of materials, information, and finances throughout the supply chain.

•Quality Control Manager ensures products or services meet the highest quality standards.

•The Project Manager is accountable for a particular project. The manager must oversee all the operations and ensure the project is completed on time.

•Operations Director is an executive-level position. The director oversees the entire operations department.

An operations manager in India earns between Rs. 10 lakh and Rs. 18 lakh annually. The operations manager's salary depends on the location, years of experience, and industry. To earn a 6-figure salary, the individual must have the perfect blend of technical and managerial skills.

Educational Requirements - 

Although entry-level jobs in operations are available for graduates, upskilling is necessary for career growth. Some job roles at senior levels require a postgraduate degree. 

That is where MIT School of Distance Education will come into the picture. MITSDE offers one of the best PGDM Operations Management courses in India. 

MIT School of Distance Education (MITSDE) is approved by AICTE, Govt of India. The top PGDM Operations course is a 21-month course delivered by Industry experts and renowned faculty.

The online Operations course focuses on various aspects of operations management -

•Basic Principles of Operations Management

•Basic principles of Project Management

•Risk assessment and risk management

•Human Resource management strategies

•Quantitative skills

•Global Operations management practices

•Latest tools & techniques in operations

MITSDE also provides a dedicated team of student success managers to assist learners in their academic journey.

The placement cell offers services like resume-building and career-building sessions to help one secure a rewarding career.

Lastly, initiatives like MITSDE Labs and Harbour offer a perfect blend of practical hands-on training and psychological counselling.

Thus, MITSDE's best PGDM operations courses offer a 360-degree learning approach that guarantees a rewarding career.

A career in operations management is all about making things work like a well-oiled machine. These professionals are the backbone of many organizations, ensuring everything runs efficiently. If you have a knack for problem-solving, strong organizational skills, and a desire to make a positive impact, a career in operations management could be the right path for you. It's a field with various opportunities and a chance to be at the heart of businesses' operations.

Which are the Best Business Analytics courses in India

Business analytics uses data to help businesses make better decisions. Professionals in this field collect, analyse, and interpret data to find trends and patterns. This information helps improve business processes, increase efficiency, and make more money.

 MIT School of Distance Education offers the best Post Graduate Certification in Business Analytics. This one-year online course teaches students the skills and knowledge they need to become successful Business Analytics professionals. 

 MITSDE's PGCM course in Business Analytics covers a wide range of topics, including:

● Data mining and machine learning

● Statistical analysis

● Data visualization

● Programming languages

● Business intelligence tools

 Benefits of MITSDE's Best Business Analytics Courses in India

High salary potential

Business Analytics professionals are in high demand and earn some of the highest salaries in the tech industry. According to Glassdoor, the average salary for a Business Analyst in India is ₹10 lakhs per annum.

Diverse career opportunities

Business Analytics professionals can work in finance, healthcare, retail, and manufacturing. They can also work in various roles, such as Business Analyst, Data Analyst, Data Scientist, and Analytics Consultant.

Strong job prospects

The job market for Business Analytics professionals is growing rapidly. Experts project that the number of jobs for data scientists will increase by 31% from 2020 to 2030. This growth rate is higher than the average for all jobs.

 Job Opportunities in India

India is one of the fastest-growing markets for Business Analytics professionals. Nasscom's report predicts the Indian IT industry will grow to $350 billion by 2025. Digital technologies and government support for innovative technology solutions boost this growth.

MIT School of Distance Education has the Best Business Analytics courses in India, with a dedicated placement cell that offers 100% placement assistance. Some of the top industries include:

Finance

Business Analytics experts are needed in the Indian finance industry. Banks, insurers, and other financial firms use Business Analytics to enhance risk management, detect fraud, and segment customers.

Healthcare

The Indian healthcare sector is undergoing a rapid transformation, and Business Analytics plays a key role in this process. Business Analytics professionals are being used to improve the efficiency of healthcare delivery, develop new treatment plans, and prevent the spread of diseases.

Retail

The Indian retail sector is one of the largest and fastest-growing sectors in the country. Retailers use Business Analytics to improve their inventory management, target their marketing campaigns, and better understand their customers.

Manufacturing

The Indian manufacturing industry is using Business Analytics to improve efficiency and productivity. Working professionals in this field help optimize production, cut costs, and enhance quality control.

MITSDE's Best Business Analytics courses in India will practically train you with real-world case studies, ensuring you are market-ready. Throughout the course, you get clear guidance on how to enforce analytical techniques. This course will demystify data analytics and equip you with concrete skills to apply at your workplace.