Master of Business Administration [MBA] (Materials Management) - Course Overview

  • STREAM

    MANAGEMENT

  • DURATION

    3 YEARS

  • COURSE

    Retail Management

  • COURSE TYPE

    Post Graduation

    MBA Material Management Top Colleges, Admission Process, Eligibility, Entrance Exams, Syllabus, Jobs, Salary, Scope 2020-21

    Pranjal Singhal Pranjal Singhal
    Content Curator

    What is MBA Material Management?

    MBA Materials Management is a postgraduate level course of two years 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 eligibility criteria for PhD is 50% minimum aggregate in Bachelor's Degree (BSc , B. Tech , BBA). Mostly the admission process for the colleges or universities are Personal Interview and Entrance Test for some universities.

    Some of the top colleges offering MBA Material Management course are:

    COLLEGECITYADMISSION PROCESSAVERAGE ANNUAL FEEAVERAGE PLACEMENT PACKAGE
    INDIAN INSTITUTE OF MATERIAL MANAGEMENTKolkataEntrance basedINR 8,00,000INR 6,00,000
    CHRIST UNIVERSITYBangaloreEntrance basedINR 3,00,000INR 5,80,000
    XAVIER SCHOOL OF MANAGEMENTJamshedpurEntrance basedINR 5,00,000INR 5,40,000
    INDIAN INSTITUTE OF MATERIAL MANAGEMENTTrichyEntrance basedINR 8,00,000INR 8,00,000
    SLIETSangrurEntrance basedINR 51,000INR 6,20,000

    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 more: Top MBA Material Management Colleges in India

    Admission Process

    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.

    Check Out : All about MBA

    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 .

    See more: MBA Material Management Cut Offs

    Eligibility

    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.

    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

    Exam NameConducting BodyModeApplication PeriodExam Date
    CATIIMsOnlineAugust, 2020November, 2020
    GMATGMACOnlineThroughout the yearThroughout the year
    How to prepare for Entrance Exam

    How to Prepare for MBA Material Management Entrance Exams?

    The entrance exam syllabus can vary a little from exam to exam like CAT,XAT,SNAP,GMAT.In order to secure a position here are some tips to follow:

    • Firstly candidates need to know about the exam pattern and syllabus.
    • CAT,GMAT or private entrance examination has a similar pattern.
    • The second phase after qualifying the entrance ,which is solely done on the merit basis ,is the personal interview conducted by the respective universities.
    • The candidates need to brush up the knowledge of the Bachelor degree and come up with a genuine new research proposal.
    • Clearing up basic concepts regarding Materials Management will be beneficial even for the Interview Round.
    • Some of the books that will enhance the preparation strategy for the entrance examination for MBA .
    BOOKSAUTHOR
    How to Prepare for Quantitative Aptitude for the CATArun Sharma
    GMAT Official Guide 2021 : Book + Online Question BankGMAC
    Barron's GMAT Math WorkbookEnder Markal
    Quantitative Aptitude for the CATNishit K. Sinha
    Complete Guide for MAT and other MBA Entrance ExamsDisha Experts

    How to get Admission in top MBA Material Management colleges?

    In order to get admission and study in the best colleges MBA in Materials Management these are some of the following points

    • A research of the top colleges and the curriculum of MBA in the following subject.
    • The syllabus, faculty, career options should be the guiding step to filter out colleges according to the candidate’s ease of access.
    • Constant checking of the updates and notifications is important.
    • Having a talk with the Seniors about the prospect can help in choosing the best college .
    • Preparing for the entrance as per the syllabus given.
    • Practice, brushing up on knowledge and then clearing the cut off will only fetch the candidate their ideal institute.           
    MBA/PGDM IN CHENNAIMBA/PGDM IN TELANGANAMBA/PGDM IN DELHI-NCR
    Details about Course

    MBA Material Management: What is it About?

    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 Material Management Course Highlights

    Highlights of the MBA Materials Management is given in the tabulated form below with basic information related to

    Course LevelPostgraduate Level
    Full-FormMasters of Business Administration in Materials Management
    DurationTwo years
    Examination typeSemester system
    Eligibility60% in the last qualifying examination in BBA
    Admission ProcessEntrance Test & Personal Interview
    Course FeeINR 2,00,000 – 10,00,000
    Average SalaryINR 5,00,000 - 7,00,000
    Employment AreasInventory Manager, Business Development Manager, Asset Manager, Corporate Manager, Senior Consultant , Market Research Analyst, Marketing Executive, Operations Manager.
    Recruiting CompaniesGlaxoSmithKline ,Raymond, PepsiCo ,Hyundai , Mahindra & Mahindra, Future Group, Maruti Suzuki, Ford , SAIL, Nestle, HUL, DTDC , Himalaya, ITC, Reliance Industries Ltd.

    Why Study MBA Material Management?

    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.
    MBA Material Management vs MBA Actuarial Science

    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.

    PARAMETERSMBA Material ManagementMBA Actuarial Science
    OverviewMBA 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 procedureThe 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 FeeINR 3,00,000-8,00,000INR 10,000 to 20,00,000
    EligibilityMinimum aggregate of 60% in BSc or BTech with more than a few years of experience.60-70% marks in Bachelors Degree.
    SyllabusManagerial 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 InstitutesINDIAN INSTITUTE OF MATERIAL MANAGEMENT,CHRIST UNIVERSITYShankarlal Khandelwal Arts and Science College, Bishop Heber College, Chidambaram Pillai College.
    Job ProfileMaterials Manager, Inventory Manager, Purchase Officer, Materials Supervisor, Sourcing Manager.Actuarial Modeller, Quantitative Analyst, Actuarial Analyst.
    Average Annual salaryINR 4,00,000 – 8,00,000INR 5,00,000-7,00,000
    MBA Material Management vs MBA Acturial Science
    Top Colleges

    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 NameLocationAverage Annual FeesAverage Annual Salary
    INDIAN INSTITUTE OF MATERIAL MANAGEMENTKolkataINR 8,00,000INR 4,00,000 -6,00,000
    CHRIST UNIVERSITYBangaloreINR 3LacINR 3,00,000-5,00,000
    INDIAN INSTITUTE OF MATERIAL MANAGEMENTTrichyINR 8LacINR 6,00,000-8,00,000
    XAVIER SCHOOL OF MANAGEMENTJamshedpurINR 5,00,000INR 2,50,000-5,40,000
    SLIETSangrurINR 51,000INR 4,00,000-6,00,000
    NATIONAL SCHOOL OF BUSINESSBangaloreINR 4,30,000INR 3,00,000-5,60,000
    BIRLA GLOBAL UNIVERSITYBhubaneswarINR 7,00,000INR 2,50,000-5,00,000
    NSUJamshedpurINR 2,71,000INR 5,00,000-8,00,000
    SVPM'S INSTITUTE OF MANAGEMENTPuneINR 79,500INR 4,00,000-6,00,000
    LPUJalandharINR 2,32,000INR 4,00,000-6,00,000
    Syllabus

    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 BehaviourPacking Distribution Management
    Quantitative Techniques for ManagementTotal Quality Management
    Marketing ManagementPurchasing and Procurement Management
    Management Information SystemsBusiness Environment and Ethics
    Managerial EconomicsLogistic and Supply Chain Management
    Material and Store ManagementProject Management & Documentation
    Corporate CommunicationStrategic Management
    Human Resources ManagementEnterprise Resource and Planning

    MBA in Materials Management Important Books

    These are some of the essential books during MBA Material Management are

    BooksAuthor
    Indian Financial SystemPathak Bharti
    Project ManagementDr. Raj Kumar Yadvendra
    Management of Financial ServicesKanu Jain
    Introduction to Materials ManagementN. Chapman Stephen, Arnold J.R. Tony
    Purchasing and Materials ManagementP. Gopalakrishnan
    Materials Management a Supply Chain PerspectiveChitale
    Materials Management with SAP ERPMartin Murray and Jawad Akhtar
    Job Prospects

    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 ProfileJob DescriptionAverage Annual Fee
    Purchase ManagerTo maintain purchase records of the raw material,equipment and supplies.INR 5,00,000 to 7,00,000
    Materials ManagerTo ensure material flow,quality control.INR 5,50,000 to 8,00,000
    Inventory ManagerTo maintain inventories of all transactions,procurement ,planning .INR 3,50,000 to 6,00,000
    Sourcing ManagerTo manage the company supply portfolio ,implement strategies for sourcing and category management.INR 5,00,000 to 6,00,000
    Materials AnalystTo design supply chain management of the company ,transport ,export and import.INR 4,00,000-6,00,000
    MBA Material Management Average Salary

    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.
    FAQs

    MBA Material Management FAQs

    Ques. What is the fee structure in public and private college?

    Ans. The fee in Public College can be between INR  50,000 to 1,00,000 while in Private Colleges the fee may vary from  INR 5,00,000 to 10,00,000 approximately.

    Ques. What is the average annual salary of a Material Manager after completion of MBA ?

    Ans. The salary can be from INR 4,00,000 to 8,00,000 according to the project or assignment provided.

    Ques. Is MBA Materials Management a worthy option to take up or the candidate should directly join a company ?

    Ans. If the candidate is eager to gather knowledge to polish their choice of skill and specialise in it one must opt for it so the MBA solely depends on the nature and wish of the candidate.

    Ques. What is the duration of the course ?

    Ans. The duration of the course i.e. MBA Materials Management is two year.

    Ques. What makes Material Manager a desired course ?

    Ans. Materials and Procurement Management encourages and fosters an environment of learning and innovation while questioning the future of our existence and deriving solutions .

    Ques. Name some entrance examinations which are accepted by reputed institutes?

    Ans. CAT, XAT, GMAT, MAT, IBSAT, NMAT entrance are the popular entrance examinations which are accepted nationally .

    Ques. What is the most sought after job profile ?

    Ans. Material Quality Analyst, Procurement Manager, Materials Manager, Logistics Manager, Supply Chain Manager, Purchasing Manager are some of the jobs profile.

    Ques. What are some of the areas of specialisation in this course ?

    Ans. Material, Logistics, Procurement are some of the areas of specialization over a period of two years.

    Ques. What is the admission process in this course ?

    Ans. Entrance test followed by personal interview is normally the procedure in India for MBA admission.

    Master of Business Administration [MBA] (Materials Management) Fee Structure in India


    11 K (Minimum Fee)PUBLIC COLLEGES49.98 K (Maximum Fee)
    30.49 K (Average Fee)
    66 K (Minimum Fee)PRIVATE COLLEGES2.7 L (Maximum Fee)
    1.46 L (Average Fee)

    Comments

    Comments


    1 Comment
    P
    Purushottam Kumar

    what is the procedure to take admission in MBA -Material Management from reputed organisation -distance education mode?

    12 Oct, 2019 20:12
    S
    Shobhna Chaturvedi

    Hi Purushottam, kindly mention the college/university in which you are applying for admission so that we can provide you the relevant details.

    15 Oct, 2019 14:28

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