MBA in Material Management: Course Details, Eligibility, Admission, Fees
MBA in Material Management is a two-year postgraduate management course that deals with the designs and plans for collecting, distributing, storing, and delivering raw materials and services. The course provides insights into solving issues related to managing materials and stores management.
Students should have a minimum of 50-60% marks in their bachelor's degree from a recognized university to meet the eligibility criteria for MBA in Material Management. A relaxation of 5% in graduation marks will be given to SC/ST students. As part of admission to the MBA in Materials Management course, the candidates are required to clear entrance exams such as MAT, CAT, GMAT, etc. The MBA in Material Management fees vary from INR 40,000 - 2.5 LPA.
Table of Contents
- What is an MBA in Material Management?
- Why Choose an MBA in Materials Management Degree?
- MBA in Material Management Admission 2023
- MBA in Material Management Entrance Exams
- Top MBA in Material Management Colleges in India With Fees
- Types of MBA in Materials Management Courses
- MBA in Material Management Syllabus and Subjects
- MBA in Material Management vs MBA in Logistics and Supply Chain Management
- Courses After MBA in Material Management
- MBA in Materials Management Salary
- Career Options After MBA Material Management
- MBA in Material Management Scholarships
- Skills to Excel as an MBA in Material Management Graduate
MBA in Material Management Course Details
| Degree | Masters |
| Full Form | Master of Business Administration in Materials Management |
| Duration | 2 Years |
| Age | No minimum specific age limit. |
| Entrance Exam | CAT, MAT, XAT, GMAT, etc. |
| Minimum Percentage | 50-60% in graduation for unreserved category and 45% for SC/ST/PWD categories. |
| Average Fees | ₹50K - 10 LPA |
| Similar Options of Study | MBA in Logistics and Supply Chain Management |
| Average Salary | INR 6 to 20 LPA (Source: Glassdoor) |
| Employment Roles | Material Managers, Purchase Managers, Warehouse Managers, etc. |
| Top Recruiters | Reliance Industries, Amazon, Mahindra and Mahindra, Infosys, TATA Group, etc. |
What is an MBA in Material Management?
The Master of Business Administration in Material Management is one of the most demanding specializations under MBA courses. The MBA in Materials Management involves the functioning of the various sections of an organization dealing with subjects like the supply of materials and allied activities, packaging and distribution, purchasing and procurement, etc.
MBA in Material Management graduates have high job opportunities in various sectors like IT, automobile, retail management, etc. The scope of this course is diverse and there are many job roles such as Purchasing Manager, Supply Chain Manager, Production Manager, Warehouse Supervisor, etc. MBA in Material Management average salary in India is in the range of INR 6-20 LPA. (Source: Glassdoor)
MBA in Material Management Eligibility Criteria
The MBA in Materials Management eligibility requirements vary from college to college. Below are a set of standard eligibility criteria that students must fulfill to take up this course:
- Aspirants should score a minimum of 50-60% aggregate marks in the bachelor's degree from a recognized institute. There is a 5% relaxation in marks for reserved category students.
- Students must clear the standard entrance examinations like CAT, MAT, XAT, etc.
- There is no minimum specific age limit to take up the course.
Why Choose an MBA in Materials Management Degree?
MBA in Material Management course helps students in knowing the process of managing raw materials, work-in-progress materials, and finished goods materials. Below are some points on why a student should pursue an MBA Material Management course:
- The advanced materials sector is likely to be a USD 10 billion market in India by 2028.
- India is a major producer of raw materials like iron ore, coal, bauxite, and copper.
- Students will get to learn in detail about Export and Import Trade, Total Quality Management, Inbound and Outbound Logistics, and others.
- The course expands the skill set of students with respect to the new developments and changing environment in the demands of the materials sector.
MBA in Material Management Admission 2023
The admission procedure for the MBA in Material Management course is either through an entrance exam score or on a merit basis. Listed below is the admission process to be followed to pursue the MBA in Materials Management course:
- Step 1: The candidate can fill out the application form for respective colleges through online or offline mode.
- Step 2: The students need to clear the entrance exams as required by the respective colleges.
- Step 3: After entrance exam results are published, the colleges shortlist the candidates for GD and PI sessions.
- Step 4: The candidate must finish the document verification process and pay the required college fees.
MBA in Material Management Entrance Exams
The students have to take part in various entrance exams conducted at the national, state, or college level to seek admission to the MBA Material Management course. Listed below are some of the important national-level entrance exams:
|
MBA Material Management Entrance Exams |
Tentative Registration Date |
Exam Registration Details |
Accepting Colleges |
|
CAT |
Aug 2 - Sep 13, 2023 |
Application Form |
NITK, Bir Tikendrajit University, NIMS |
|
MAT |
Aug 17 - Sep 14, 2023 |
Application Form |
Bir Tikendrajit University, NITK, NIMS |
|
XAT |
Jul 15 - Nov 30, 2023 |
Application Form |
Bir Tikendrajit University |
|
CMAT |
February 2024 |
Application Form |
Bir Tikendrajit University, NIMS |
|
GMAT |
August 2023 |
Application Form |
NITK, NIMS |
Top MBA in Material Management Colleges in India With Fees
The MBA in Material Management course fees range from INR 40,000 to 2.5 LPA. Given below is a list of some of the best MBA in Material Management colleges along with the fee breakdown:
|
SL No |
Colleges |
Average Fees (INR) |
|
1 |
School of Management - NIT Surathkal |
2.5 LPA |
|
2 |
Bir Tikendrajit University |
1.5 LPA |
|
3 |
Bharathiar University |
40,000 PA |
|
4 |
NIMS |
91,000 PA |
|
4. |
Dr. D Y Patil Vidyapeeth, Pune |
90,000 PA |
Types of MBA in Materials Management Courses
Students can complete an MBA in Material Management degree through full-time, executive, online and distance modes. Many colleges offer this course according to the needs of students and working professionals. MBA Material Management course details are given below:
|
Type |
Eligibility |
Course Duration |
Top Colleges |
Average Fees (INR) |
|
MBA in Materials Management Full Time |
Should have cleared bachelor degree with a minimum of 50-60% marks + Entrance Exam, 45% for SC/ST/PWD categories
|
2 Years |
NITK, Bir Tikendrajit University |
40,000-2.5 LPA |
|
ExecutiveMBA in Materials Management |
Should have earned bachelor's degree with a minimum of 50% marks, 45% for SC/ST/PWD categories |
2 Years |
NIMS |
91,000 LPA |
|
Online MBA in Materials Management |
Should have earned bachelor's degree with a minimum of 50% marks |
2 years |
Dr. D Y Patil Vidyapeeth, Pune |
90,000 PA |
|
Distance MBA in Materials Management |
Should have earned bachelor's degree with a minimum of 50% marks, 45% for SC/ST/PWD categories |
2 Years |
NIMS |
91,000 LPA |
MBA in Material Management Syllabus and Subjects
The MBA in Material Management syllabus will equip students with all the fundamentals and functional areas of material processing and distribution. Students will get to learn about process quality improvement and warehouse management. Some of the MBA in Material Management course details and subjects are listed below:
|
MBA in Material Management Subjects |
Topics Covered |
|
Packing And Distribution Management |
Duties And Responsibilities Of Materials And Production Controller, Methods Of Determining Output, Sales Forecast To Production Programme, Product Breakdown, Critical Path Analysis, Etc |
|
Logistics And Supply Chain Management |
Logistic: Definitions, Business Activities Coverage & Logistics Renaissance, Logistic Network Configuration, Mapping Business Process & Measuring Process Performance, Global Cost Forces & Political And Economic Forces, Etc |
|
Purchasing And Procurement Management |
Role Of Purchase In Business, Sources And Quality Of Purchase Management, Purchasing Capital Equipment, Purchasing Environment, Etc |
|
Materials And Stores Management |
Determination Of Stockholding Policy, Variety Reduction And Standardization, Physical Management Of Stock Selection, Management Aspects Health And Safety At Work, Etc |
|
Total Quality Management |
Pillars Of Total Quality Management, Total Quality Models, Quality Education And Training Quality Process, Tqm And Iso 9000, Etc |
Read More: MBA in Material Management Syllabus and Subjects
MBA in Material Management vs MBA in Logistics and Supply Chain Management
MBA in Material Management course shares insights into topics like collecting, distributing, storing, and delivering raw materials and services while MBA in Logistics and Supply Chain Management focuses on sourcing, materials management, operations management, warehousing, and distribution.
Explained below are some of the main differences between an MBA in Material Management and an MBA in Logistics and Supply Chain Management.
|
Parameter |
MBA in Material Management |
MBA in Logistics and Supply Chain Management |
|
Full Form |
Master of Business Administration in Material Management |
Master of Business Administration in Logistics and Supply Chain Management |
|
Type |
Master’s degree |
Master’s degree |
|
Duration |
2 years |
2 years |
|
Entrance Exam |
CAT, MAT, etc |
CAT, MAT, etc |
|
Average Fees |
INR 40,000 - 2.5 LPA |
INR 1-5 LPA |
|
Colleges |
Bir Tikendrajit University, NITK, etc |
LPU, UPES, Jain University, etc |
|
Job Opportunities |
Materials Manager, Project Manager, Procurement Managers, etc |
Supply Chain Management, Logistics Managers, Production Manager |
|
Average Salary |
INR 6-20 LPA |
INR 6-10 LPA |
Courses After MBA in Material Management
MBA in Material Management scope for higher education is broad. The graduates can also choose to pursue their higher education in materials management through research or another masters program. Students can take similar certification courses. Some of the courses are:
- Ph.D. in Supply Chain Management/Materials Management
- Certification courses in Materials Management
MBA in Materials Management Salary
MBA Material Management is considered one of the high-paying job areas. The salary depends on the type of company, job location, work experience, etc. The average MBA in Material Management salary ranges from INR 6 - 15 LPA (Source: Glassdoor). Below is a list of the top cities in India with the average salary for a Material Management MBA:
|
Top Cities in India |
Average Salary |
|
Bangalore |
INR 8 LPA |
|
Pune |
INR 14 LPA |
|
Gurgaon |
INR 6.9 LPA |
|
Mumbai |
INR 11 LPA |
|
Chennai |
INR 15 LPA |
|
Delhi |
INR 6.5 LPA |
[Source: GlassDoor]
Career Options After MBA Material Management
Masters in Material Management graduates can work in various job areas such as IT, Manufacturing, E-commerce, Telecommunications, etc., in various government and private companies with job roles like Materials Managers, Operations Managers, Purchase Managers, etc. Some of the MBA in Material Management job designations with companies are listed below:
|
MBA in Material Management Jobs |
Job Description |
Companies |
Salary (INR) |
|
Materials Manager |
Planning, procurement, storage, control, and distribution of materials and products according to company needs |
Reliance Industries, Larsen and Toubro, Mahindra and Mahindra, Ultratech Cements |
10 LPA |
|
Supply Chain Manager |
Coordinates, organizes and oversees all activities involved in the identification, acquisition, production, and distribution of the company's goods |
Bharti Airtel, L&T, Maruti Suzuki, ABB, Bajaj Electricals |
13.2 LPA |
|
Purchase Manager |
Heads a team responsible for procuring goods and services for resale |
Schneider Electric, JCB, TATA Motors,Bosh, Siemens |
6.6 LPA |
|
Production Manager |
Oversees the production process and coordinates all activities to ensure enough resources on hand |
Amazon, Infosys, Cipla, Google, Wipro |
8.4 LPA |
|
Warehouse Manager |
Coordinate and monitor the receipt, order, assembly, and dispatch of goods |
Future Group, TVS, Asian Paints, BigBasket |
4.8 LPA |
[Source: Ambition Box]
MBA in Material Management Scholarships
Students pursuing MBA courses can avail various scholarships that could help them during their studies. Listed below are some Materials Management MBA scholarships offered by government and private institutions:
|
Scholarship |
Eligibility |
Scholarship Amount |
|
ONGC Scholarship |
Students must have passed graduation with a minimum 60% mark |
INR 48,000 per annum to each scholar |
|
LR Mundra Memorial Scholarship |
Students pursuing a full-time postgraduate programme in Management |
INR 3 LPA |
|
Post Graduate Scholarship for Professional Courses for SC/ST |
Students must belong to the SC/ST category and be pursuing a professional course at the postgraduate level |
INR 4,500 per month |
Skills to Excel as an MBA in Material Management Graduate
MBA in Material Management graduates should possess both technical skills and soft skills to prosper in a professional career. After completing an MBA in Material Management, the following skills will be gained:
- Manufacturing: The graduates should know the manufacturing roles, where they will be responsible for managing the production process and ensuring that the organization's products are of high quality.
- Supply Chain Management: The MBA professionals should know to manage the flow of materials and resources within an organization, from sourcing to delivery.
- Basic Idea of Operations: They should know how to manage the day-to-day activities of an organization, such as production, inventory management, and distribution.
- Knowledge of Materials: MBA professionals should know basic types of materials and their processing methods and delivery.
- Goods Handling, Package and Storage: The students should know how to handle certain sensitive goods and their packaging methods for ideal storage.
Top MBA in Material Management Colleges
Top Management Entrance Exams
Exam Date: May 19, 2024
MBA in Material Management Fee Structure
FAQs
What is MBA in Material Management?
It is a 2-year postgraduate programme that deals with collecting, distributing, storing, and delivering raw materials and services.
What is the MBA in Material Management eligibility criteria?
Students should have a minimum of 50-60% aggregate marks in the bachelor's degree from a recognized university.
What are some core subjects taught in MBA Material Management?
Packing And Distribution Management, Logistics And Supply Chain Management, Purchasing And Procurement Management, Materials And Stores Management, etc are some important subjects taught in the course.
Is there a scope for an MBA in Materials Management?
Yes, students can get jobs at top companies in the fields of IT, Retail, Manufacturing, Telecommunications, etc.
What are the top colleges that offer MBA in Material Management courses?
NIT Surathkal, Bir Tikendrajit University, NIMS, etc are some top management colleges that offer this course.
What is the average salary for an MBA in Material Management graduate?
The average salary offered for graduates of an MBA in Material Management is INR 6-20 LPA (Source: Glassdoor)
What are some top companies that recruit MBA in Material Management graduates?
Amazon, Infosys, Reliance Industries, Larsen and Toubro, etc are some top companies that hire graduates.