MBA in Industrial Management: Course Details, Eligibility, Admission, Fees

Duration: 2 Years
Avg Fees: ₹3.5 - 5.5 LPA
GMU
GMU

Updated on - Nov 28, 2023

MBA in Industrial Management is a 2 year postgraduate management course that deals with the knowledge and skills for managerial, operations, and other related positions in the industrial sector and provides more focus on fundamental business management operations like finance, human resource, marketing, sales, etc., that are applied to ensure the smooth running of the industry. Graduates are entitled to receive numerous job opportunities in the industrial sector, namely manufacturing, assembling plants, production units, logistics, and much more.

Table of Contents

MBA in Industrial Management Course Details

Degree Masters
Full Form Master of Business Administration in Industrial Management
Duration 2 Years
Age No age limit
Subjects Required Engineering (preferable)
Minimum Percentage A minimum of 50% average marks in graduation
Average Fees ₹3.5 - 5.5 LPA
Similar Options of Study MBA Operations Management, MBA
Average Salary INR 4 LPA to 12 LPA (Source: Payscale)
Employment Roles Business Development Manager, Administrative Manager, Chief Operating Manager

About MBA in Industrial Management

MBA in Industrial Management in India involves the efficient management of several domains such as planning, operations, financial planning, etc. The program focuses on the knowledge and skills required in managing different functions in a factory. This course falls under the umbrella of MBA.

The subjects of MBA in Industrial Management include supply chain management, production management, and various other objects. MBA in Industrial Management job scope is diverse, and it is best suited for students who want to get into the core manufacturing sector.

MBA in Industrial Management Eligibility Criteria

According to UGC guidelines, MBA in Industrial Management eligibility criteria requires the aspirants to have completed their undergraduate courses with a minimum of 50% aggregate marks in the bachelor's degree from a recognized institute in any course. Graduates should clear the entrance examinations like MAT, GMAT, XMAT, etc., with a minimum cutoff score suggested by the university.

Admission for MBA in Industrial management course requires aspirants to meet the institutions' eligibility criteria, which the University of Grants Commission generally lays out. Similar to other MBA courses, MBA in Industrial Management doesn't have any age restrictions for pursuing.

Who Should Pursue MBA in Industrial Management Course?

The MBA in Industrial Management programme aims to create successful leaders in the Industrial Management industry. It focuses on the development of managerial, financial and Industrialrisk factors involved in the industry. The following factors should be taken into account when selecting an Industrial Management MBA programme for those who desire to stand out in their sector.

  • Candidates must sincerely care about the topic.
  • If a student has a Bachelor's degree in a relevant field, they should be able to enrol in the course.
  • Candidates can enrol in the course to hone and expand their IndustrialManagement abilities after at least a year of relevant experience.

When To Do MBA in Industrial Management Course?

There are several professional prospects available in Industrial Management at the national and international levels. The pursuit of Industrial Management can be done at any time. Several factors that affect Industrial Management include the following:

  • Before pursuing a career in Industrial Management, it is best to have at least a year of experience as an Industrial Consult in the industry. Even if it is not necessary, gaining weight while being welcomed is an excellent thing.
  • Candidates must have three to five years of professional experience if they plan to study Industrial Management overseas.
  • Due to the high expense of the programme, it is advised to have some resources on hand and work experience before enrolling in Industrial Management.
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How To Get Admission for MBA in Industrial Management?

MBA in Industrial Management admissions are made considering either the scores obtained in the relevant entrance exam or can be based on merit. The aspirants should have a bachelor's degree in any specific domain. On clearing the entrance exam, the applicants will be selected for the second round of selection, where a group discussion will be conducted. A personal interview process for the final selection will be held as an admission process for MBA in Industrial Management course.

The admission procedure for the MBA in Industrial Management course majorly depends on the eligibility criteria, which differ for each institution. When opting to get admission in any MBA course, students must ensure they are aware of the eligibility criteria. The admission procedure for MBA in Industrial Management in India is similar to that of any MBA course.

Apply For the Course

Aspirants can apply online by filling out the application form available on the colleges' websites and by attaching the required documents. They can also visit the college to apply by filling out the form and by submitting the proper documents.

Selection Criteria

All the shortlisted applicants who get selected based on the entrance exam score or merit will have to appear for the group discussion, followed by a personal interview. On getting selected, the student can pay the fee and get their admit card.

Read More on MBA Admission

Types of MBA in Industrial Management Courses

Aspirants can pursue the course in full-time or part-time mode. Below are the types of MBA IndustrialManagement courses in detail:

Full-Time MBA in Industrial Management

A two-year, full-time MBA programme in IndustrialManagement is available. Practical knowledge is more important than theoretical understanding in this line of work. A full-time course provides the benefit of allowing students to connect closely with teachers and other students, thus expanding their exposure, experience, and knowledge.

Part-Time MBA in Industrial Management

There is a part-time MBA programme in industrial management. In this line of business, practical expertise supersedes theoretical comprehension. The advantage of a part-time MBA is, it allows candidate flexibility to work while studying.

Distance MBA in Industrial Management

When pursuing an MBA in Industrial Management after having a bachelor's degree but lacking the time to attend traditional sessions, distance learning is the ideal option. Depending on the candidate's schedule, it takes two or three years to finish.

Entrance exams are conducted for MBA aspirants at three different levels, namely at the national level, state level, and university level. These entrance exams will test the basic knowledge of the students who are aspiring to do an MBA course. Institutions consider the scores obtained in the exams for the admission process. The students who are desiring to take up their postgraduate in MBA in Industrial Management should take up the entrance exams and perform well to secure admission. Some of the well-known entrance exams that can be taken are: 

A Quick Glance at the MBA in Industrial Management Entrance Exams

The eligibility criteria of the entrance exams vary depending on the conductors of the examination. A few common patterns that were found among the exams are:

  • The exam patterns consist of different sections like quantitative technique, data interpretation, logical reasoning, and language comprehension.
  • The entrance exam duration is approximately three hours.
  • The examination can be conducted either in online or offline mode.
  • The exam pattern changes according to the exam.

Top MBA in Industrial Management Colleges in India

MBA in Industrial Management is one of the popular courses in India. The best MBA in Industrial Management colleges in India are listed below:

MBA in Industrial Management Colleges in India
S.No Colleges
1 NITIE Mumbai
2 IISWBM Kolkata
3 National Institute of Construction Management and Research, Hyderabad
4 IIMT Pune
5 BHU Varanasi
6 Vaishali Institute of Business and Rural Management, Bihar
7 Integral University, Lucknow
8 OPJS University, Churu
9 Sikkim Manipal University, East Sikkim
10 Pacific University, Udaipur

Top MBA in Industrial Management Colleges in Bangalore

Below is the list of colleges which are the top MBA in Industrial Management colleges in Bangalore:

SL.NO. Institutions
1 Reva University
2 GEMS B-School
3 ISB&M
4 London American City College

Top MBA in Industrial Management Colleges in Pune

Below is the list of colleges which are the top colleges of MBA in Industrial Management in Pune:

SL.NO. Institution
1 SIU
2 Institute of Management Education
3 Brihan Maharashtra College of Commerce
4 Tilak Maharashtra Vidyapeeth
5 CFESM

Top MBA in Industrial Management Colleges in Mumbai 

The top MBA in Industrial Management Colleges of Mumbai are given below:

SL.NO. Institution
1 NITIE
2 IIBMS
3 Kaizen School of Business Management
4 Institute of Logistics and Aviation Management

Top MBA in Industrial Management Colleges in Delhi

Here is the list of top colleges of MBA in Industrial Management colleges in Delhi:

SL. NO. Institution
1 Noida International University
2 MVN University
3 DAV Institute of Management
4 Primordial Center of Excellence

Top MBA IndustrialManagement Colleges in Kolkata 

Check the Table below for the top colleges in Kolkata:

SL.NO. Institution
1 ISB&M

Top MBA in Industrial Management Colleges in Government Colleges 

Government Colleges that offer MBA are affordable and cater to the economically backward and financially despondent section of society. Here is a table of government colleges offering an MBA in Industrial Management:

Sl.No Institution
1 IIT Kanpur
2 NITIE Mumbai
3 UNIRAJ, Jaipur
4 BHU Varanasi
5 IIT Varanasi (BHU)

Top MBA in Industrial Management Colleges in Private Colleges

Numerous prestigious universities in private universities offer a range of MBA programmes. Numerous famous schools and universities are located throughout the country. The top universities that offer an MBA in Industrial Management are listed below:

SL.NO. Institutions
1 Reva University, Bangalore
2 Chandigarh Business School of Administration, Mohali
3 VIBRM, Muzaffarpur
4 Integral University, Lucknow
5 NIMS University, Jaipur 

Study MBA in Industrial Management Abroad

Students may decide to enrol in an international MBA programme in Industrial Management if they can afford it. The length of an international MBA in Industrial Management programme can range from one to two years, depending on the course, the college, and the nation.

Students may access some of the best facilities, lecturers, and resources, as well as a global perspective on the subject and various cultures when they study for an MBA in Industrial Management abroad.

Top MBA in Industrial Management Colleges Abroad

The table below contains a list of some of the best colleges abroad for MBA in Industrial Management:

Institution Fees 
University of Toronto, Canada CAD 78,533.02
University of British Columbia, Canada CAD 81,034.07
Technical University Munich, Germany EURO 20,474.12
Teeside University, UK GBP 16,407.95
University of Alberta, Canada CAD 40,350.30
Coventry University, UK GBP 31,100.03
Harvard University, USA USD 91,190.40
University of Greenwich, UK GBP 24,022.10
University of Melbourne, Australia AUD 11,1742.32
University of East London, UK GBP 24,448.80

Top MBA in Industrial Management Colleges in the USA

The USA is home to some of the greatest organisations and colleges in the world that provide the best MBA programmes in Industrial Management. The following table lists the top American colleges and universities that offer an MBA in Industrial Management:

SL.NO. Institution
1 Harvard University
2 Texas A&M University
3 Northeastern University
4 Arizona State University
5 Massachusetts Institute of Technology

Top MBA in Industrial Management Colleges in Germany 

One of the most sought-after degrees offered by German universities is an MBA in Industrial Management. The best universities offering an MBA in Industrial Management in Germany are shown in the table below:

SL.NO. Institutions
1 ESMT Berlin
2 WHU - Otto Beisheim School of Management
3 Frankfurt School of Finance and Management
4 Munich Business School
5 Mannheim Industrial School

Top MBA in Industrial Management Colleges in Canada

Canada is a fantastic alternative to think about for your MBA in Industrial Management courses, giving a plethora of research opportunities to help you enhance your skills. Here are the top universities in Canada for MBA in Industrial Management:

SL.NO. Institution
1 University of Toronto
2 University of British Columbia
3 University of Alberta
4 McGill University
5 York University

Top MBA in Industrial Management Colleges in Australia

Gaining knowledge and skills through an MBA in Industrial Management in Australia can ultimately improve your chances of finding a job both in Australia and abroad. The best universities in Australia offering an MBA in Industrial Management are shown in the table below:

SL.NO. Institution
1 University of Melbourne
2 University of Sydney
3 RMIT University
4 Victoria University
5 Deakin University

Fee Structure for MBA in Industrial Management

MBA in Industrial Management is a postgraduate management course for two years consisting of four semesters. The average MBA in Industrial Management fees ranges from INR 3.5 LPA to 5.5 LPA.

Some of the colleges are listed below according to their fees structure:

MBA in Industrial Management Fee Structure
Colleges  Fee Structure (INR)
NITIE, Mumbai 7.03 LPA
IISWBM 2.55 LPA
National Institute of Construction Management and Research, Hyderabad 4.33 LPA

Syllabus and Subjects for MBA in Industrial Management

The course MBA in Industrial Management deals with industrial topics from managers' perspectives on maintaining the supply chain and general functions of the industry. Since this era marks the revolutionary industry 4.0 as it is wholly automated, it requires workers and managers to know more about the machinery working to operate it, making way for increased job opportunities.

Apart from the industrial concepts such as the evolution of industries and the automation prevalent in the real-time sectors, the course also inculcates the financial and analytical aspects. The financial management, analysis of the overall work, economic balance, marketing, and business strategies, including the planning and execution, are concentrated in the MBA in Industrial Management course.

Some of the subjects that are included in the MBA in Industrial Management syllabus are listed below:

  • Production Management
  • Supply Chain and its Management
  • Business Optimization
  • Industrial Project Management
  • Outcome Efficiency

Read More: MBA in Industrial Management Syllabus and Subjects

Why Choose MBA in Industrial Management Course?

Let's break "Why choose MBA in Industrial Management?" into a simpler manner by breaking it down into the following three short questions. 

What is MBA in Industrial Management All About?

MBA in Industrial Management is a post-graduate management degree of two-year duration that focuses on studying various aspects of business and their application in managing the industrial sector. The MBA in Industrial Management course includes subjects like finance management, organizational behaviour, marketing management, etc., that equip them to manage day-to-day tasks of supply chain management, scheduling of tasks, and human resources.

It helps them implement efficient methods of enhancing the business and branding of the entity. The job scope for MBA in Industrial Management is vast as a project manager, operations manager, organizational consultant, business development executive, compliance officer, and many more such designations. 

What does an Industrial Manager do?

Multitask: Industrial Managers oversee the production of a manufacturing plant or factory and are responsible for strategically planning and organizing the work safely. 

Employee Management: Industrial managers are in a position to recruit and train employees. Also, monitor and evaluate their performance.

Reasons Why MBA in Industrial Management Can Fetch You a Rewarding Career?

Wide Range: MBA in Industrial Management is dynamic and fast-growing with industry 4.0. The sector has been developed into rewarding career options

Career growth: Programs offer industry insights that prepare professionals for real-world scenarios. Eventually, they become seasoned to handle critical business. Multiple job opportunities are available in this field. The graduates will have a fruitful future with a pool of opportunities to choose from. The Industrial industry requires qualified researchers or technical people, but it also demands skilled managers who can use their managing skills & ideas for the growth of the sector.

Read More: MBA in Industrial Management Jobs and Scope

MBA in Industrial Management Course Comparison

The MBA in Industrial Management programme covers a variety of subjects, including operations, Industrialadministration, analytical work, and media management. The table that follows compares other courses to the MBA in Industrial Management programme.

MBA Media Management vs MBA Material Management

Below is a comparison between the MBA IndustrialManagement and MBA in Industrial Management

Course MBA in Industrial Management MBA Material Management
Full Form Master of Business Administration in Industrial Management Master of Business Administration in Material Management
Stream Management Management
Duration 2 Years 2 Years
Eligibility BBA or Bachelor’s in relevant field with 50% total aggregate. BBA or Bachelor’s in relevant field with 50% total aggregate.
Entrance Exams CAT, XAT, MAT, GMAT CAT, XAT, MAT, GMAT
Top Colleges IIM, UPES, LPU, JMI Chandigarh University, Amity University, NIMS University
Fees INR 3 - 10 LPA INR 3 - 15 LPA

Preparation Tips for MBA in Industrial Management Course

Contact students and alumni of MBA: A conversation with the students or alumni of the same course will help make decisions regarding the course.

Prepare for Exams: Understanding the exam pattern and syllabus of the examination that is to be taken is very important. Make sure you prepare a strategy to take up the time-bound exams.

Mock Exams: Taking up Mock exams will help prepare for the exam and help you learn time management. Your strengths and weaknesses can be analyzed and can be concentrated further for securing higher grades.

Exposure: Keep yourself updated on the latest technologies and industry trends. Industrial training will aid in exposure and a better understanding of the sector. Invest time in gaining firm knowledge of the industrial technicalities, different types of industries, the standard practices prevalent, and the overall process in the sectors, such as collecting raw materials, processing the raw materials, storage methods, and transporting the finished goods to the customer.

Scope For Higher Education

Students who want to pursue higher education can do certification courses in related fields or do their PhD and certification courses. Some of the options are:

  • PhD in Management
  • PhD in Industrial Management
  • PhD in Industrial Economics
  • Fellow Programmes in Management from IIMs
  • Diploma in Marketing Management

MBA in Industrial Management Salary

MBA in Industrial Management is one of the key areas in the medicinal and Industrial manufacturing and distribution industry, owing to the significant role they play in decision-making and placing financial strategy. This is done with the utmost care, and only graduates of this course are skilful enough to manage a role of high compliance with ease.

Hence, the job scopes for the graduates of this course are generally higher owing to a significant boom in the Industrial domains daily. The average MBA in Industrial Management salary in India package ranges from INR 4 to 12 LPA.

Read More: MBA in Industrial Management Salary

Career Options After MBA in Industrial Management

Industrial Management is always important as they play a vital role in human lives. An MBA in Industrial Management possess all the necessary skills for that task and can get MBA in Industrial Management jobs under the following job titles:

  • Organization Manager
  • Production Manager
  • Quality Control Manager
  • Entrepreneur
  • Project Manager
  • Compliance Office
  • Chief Operating Officer

Skills That Make You The Best Industrial Manager

Every Industry requires a specific set of skills. In this chosen field, both hard skills and soft skills play a vital role, and the ability to handle criticism, and being unbiased will help you prosper in your desired career. By Master of business administration in Industrial Management, the following skills will be gained:

  • Interpersonal skills
  • Time management
  • Communication skills
  • Problem-Solving skills
  • Leadership skills
  • Decision-Making skills
  • Presentation skills

MBA in Industrial Management Fee Structure

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