If you enjoy organizing and seeing things run smoothly, an Operations Management MBA might be the appropriate master’s degree to advance your business career. From car manufacturers to hospitals to consulting firms, every organization needs to deliver its goods or services efficiently. Operations managers oversee and improve a company’s day-to-day production and delivery processes and operations. In some organizations, an operations manager is also accountable for the company’s bottom line.
In an Operations Management MBA program, you’ll take your business administration experience to the next level with intensified training in business planning, global sourcing, procurement, distribution, production, and supply chain management. The management piece of the Operations Management MBA includes management theory, best practices, organizational behavior, research and evaluation, critical thinking, and problem-solving skills.
The Online MBA is a fast-growing type of Operations Management MBA program. Online Operations Management MBA programs are designed for working professionals with at least three years of business experience. Many reputable schools offer online Operations Management MBA programs now, but watch out for diploma mills. Before registering for an online Operations Management MBA program anywhere other than at a familiar brand-name school, you should confirm that both the school and the MBA program have legitimate accreditation.
Operations Management MBA Related Careers
There are always opportunities for MBA graduates in our 21st-century knowledge economy. Your Operations Management MBA degree can be applied to a wide range of business, management, supervisory, and leadership positions in both government and industry. Operations Management MBA grads may find cutting edge use for their marketing expertise in new business specializations such as online marketing, green products, and green energy.
What’s the Job Outlook?
Nearly 70% of employers who participated in a GMAC 2008 recruitment survey reported they’re likely to hire new MBA grads in 2009, offering starting salaries similar to those offered in 2008. Even better, most nonprofit and government organizations, as well as energy and utility firms, plan to increase average annual base salaries for new MBAs in 2009. On the employee side, the 2008 GMAC survey of MBA grads documented that 94% were working and a vast majority were satisfied with their current job and employer. Only 20% of MBA grads who participated in the survey reported any concern about their job stability.
How much does it pay?
Your MBA salary will depend on the type of job you hold; whether your employer is public, private, for-profit, or nonprofit; and the region you live and work in. According to Payscale.com, median salaries for MBA grads start around $70,000 and go up from there.
