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

Duration

2 Years

Average Fees

INR 50,000 - 10 Lakhs

Updated on Jan 4, 2023 by Lisha Gupta

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. MBA in Material Management graduates have high job opportunities in the IT, automobile, and retail management sectors.

MBA in Material Management Course Details

Degree	Masters
Full Form	Master of Business Administration in Materials Management
Duration	2 Years
Age	No age limit.
Minimum Percentage	50% in undergraduate degree
Average Fees	INR 50,000 - 10 Lakhs
Average Salary	INR 8 LPA (Source: PayScale)
Employment Roles	Purchasing Manager, Supply Chain Manager, Quality Manager, Logistics, Inventory Manager, Materials Manager, Materials Supervisor

About MBA in Material Management

MBA in Material management in India is the integrated functioning of the various sections of an organization dealing with the supply of materials and allied activities to achieve maximum coordination. The MBA Material Management course's goal draws insights into why things happened, what will happen, and what should be done for the solution. MBA in Material Management syllabus mainly offers planning, organizing, controlling, and leading materials.

The term 'material' refers to office supplies, mail, food, building products, raw materials, wastes, and services. After graduation, students have high job scope in various fields such as IT companies, logistics, and automobile industries. This course falls under the umbrella of the MBA course.

Table of Contents

Eligibility Criteria for MBA in Material Management
How To Get Admission for MBA in Material Management
Popular Entrance Exams for MBA in Material Management
Top MBA in Material Management Colleges in India
Fee Structure for MBA in Material Management
Syllabus and Subjects for MBA in Material Management
Why Choose MBA Material Management Course?
MBA Material Management Course Comparision
Preparation Tips for MBA Material Management Course
Scope For Higher Education
Salary of a MBA in Material Manager
Career Options After MBA in Material Management
Skills That Makes You The Best Material Manager

Eligibility Criteria for MBA in Material Management

MBA in Material Management eligibility criteria requires students to have completed their 12th and graduation degrees from any recognized university with a minimum of 50% aggregate marks in any discipline. Along with essential criteria, students must have cleared the standard entrance exams with good scores.

There are no age limits for pursuing this course as it is open to students who meet the required criteria.

How To Get Admission for MBA in Material Management

MBA in Material Management admission procedure in India is designed to identify students' personalities possessing a spirit of excitement and the capability to pursue this course. Students are required to satisfy the minimum eligibility criteria which can be either through entrance exam scores or on a merit basis on the graduation percentage.

To obtain an MBA degree, it is an essential step that the students to research the admission procedure. Listed below is the admission process for the MBA Material Management course:

Apply For the Course

All invited students to fill out the admission form online or offline by attaching all the documents in that format, including address proof, voter ID card, Aadhar card, domicile, and mark sheet of 10th, 12th, and final year graduation mark sheet.

Selection Criteria

All shortlisted students after the group discussion will appear for a personal interview by a college/university expert. After the personal interview, students can verify their college/university documents, and then after, they can pay their fees and register their names for final admission.

Read More on MBA Admission

Popular Entrance Exams for MBA in Material Management

Students opting for MBA in Material Management can appear for the entrance exams for getting admission to top colleges and universities in India. The selection process will be based on the merit-basis, depending on his graduation percentage. The selected students can appear for GD (Group Discussion) and PI (Personal Interview). Listed below are the MBA in Material Management entrance exams:

A Quick Glance at the Entrance Exams

MBA in Material Management is one of the best courses to pursue to fulfil one's technological aspirations with management studies aid. Listed below are the exam patterns of entrance exams:

The exam patterns consist of different sections like reading comprehension, data interpretation, logical reasoning, and quantitative ability.
The entrance exam duration is three hours.
The pattern of the exam is online or offline mode according to the colleges/universities' decisions.
The pattern of the exam changes according to the colleges/universities.

Top MBA in Material Management Colleges in India

MBA in Material Management is one of the top-rated courses in the current trend, and let's have a look at the top MBA in Material Management colleges in India according to NIRF:

Top MBA in Material Management Colleges
NIRF Rankings	Colleges	Average Fees (INR)
1	IIM Bangalore	23 Lakhs
2	IIM Ahmedabad	23 Lakhs
3	IIM Calcutta	23 Lakhs
4	IIM Lucknow	19 Lakhs
20	SIBM Pune	23 Lakhs

Fee Structure for MBA in Material Management

The MBA in Material Management is a two-year course, and it consists of 4 semesters. According to the colleges and their rankings, the average MBA in Material Management fees range from INR 5 LPA to 25 LPA. Some of the MBA in Material Management colleges are listed below according to their fees structure:

MBA in Material Management Fees
Colleges	Total Fees (INR)
IIM Bangalore	23 Lakhs
IIM Ahmedabad	23 Lakhs
IIM Kolkata	23 Lakhs
SIBM, Pune	23 Lakhs
IIM Lucknow	19 Lakhs

Syllabus and Subjects for MBA in Material Management

MBA Material Management course does not have any difference with other 1st-year students of other MBA programs. Students will learn about marketing, organizing design, finance, human resources management, decision sciences, and operations management. But in the 2nd year of the MBA Material Management course syllabus gets different. Some are the key topics covered in the courses of the MBA Material Management Syllabus:

Packing and Distribution Management
Export and Import Trade
Total Quality Management
Inventory Management
Project Management
Operations Management
Inbound and Outbound Logistics
Procurement Management

Why Choose MBA Material Management Course?

MBA in Material Management is a degree that consists of understanding big material management, forecasting, problem-solving, and improving communication skills. Let's get to know more about Material Management "Why to choose MBA in Material Management?" with some simple questions.

What is MBA in Material Management All About?

MBA in Material Management is a two-year postgraduate course that focuses on that branch of management course, which deals with planning and facilitating raw materials required for the manufacturing industry. Material Management includes a large part of its logistics and supply chain management activity.

Some of the MBA Material Management course subjects include material and store Management, project management & documentation, purchasing and procurement management, and total quality management. MBA in Material Management offers a wide range of job scope in various industries with high salaries.

What Does an MBA in Material Management Do?

MBA Materials Manager postgraduate students will oversee the planning, procurement, storage, distribution, and control of materials and products according to company needs and customer requirements. Listed below are the job roles of a material manager.

Planning: Material management managers look forward to company progress, planning to develop their knowledge and skills for the products to be delivered and sold out to the customers. A material manager's work is related to the products to be sold and given to agencies and maintaining their records.

Material Management: Material managers can either work for a company for their selling of industries products. The involvement of managers in an industry will help to know about the storage and control over the product delivery and distribution of products according to the market demand.

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

MBA in Material Management is a specialization which is offered in selected universities and colleges. There are many reasons students can make their career rewarding, and they can be successful by working hard in one particular field.

Demand: The demand for material management graduates are high, and this specialization has a comprehensive career option for the students. The need for Material Management graduate students is high in the manufacturing industries.

Career Growth: It provides new opportunities and challenges to face in day-to-day life, and by this, students can polish their skills for the future.

MBA Material Management Course Comparision

Given below is the course comparison of the MBA in Material Management with another similar course:

MBA in Material Management vs MBA in Actuarial Science

Given below is the course comparison of the MBA in Material Management with the MBA in Actuarial Science:

PARAMETERS	MBA in Material Management	MBA Actuarial Science
Overview	MBA in Materials Management 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 procedure	Admission is mainly done on 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, and GMAT.
Course Fee	INR 3 - 8 LPA	INR 1 - 20 LPA
Top Institutes	IIMM, Christ University, Jain University	Shankarlal Khandelwal Arts and Science College, Bishop Heber College, Chidambaram Pillai College.
Job Profile	Materials Manager, Inventory Manager, Purchase Officer, Materials Supervisor, and Sourcing Manager.	Actuarial Modeller, Quantitative Analyst, Actuarial Analyst.
Average Annual Salary	INR 5 LPA	INR 7 LPA

Preparation Tips for MBA Material Management Course

Some of the preparation tips for getting admission to the top business schools offering MBA in Material Management are as follows:

Talk to Alumni of MBA in Material Management: Students must communicate with their seniors who have already completed their MBA Material Management course.

Research: What you gain from an MBA in Material Management Program is problem-solving and leadership skills in the business industry.

Skill Based Learning: An MBA in Material Management program helps develop leadership and management skills to advance your career.

Scope For Higher Education

Students completing MBA Material Management course can get hired in professional groups like ITC, TATA, Wipro, IBM, Infosys Group. MBA in Material Management graduates can also choose to pursue their higher education like PhD in Supply Chain Management or pursue certification courses related to Material Management.

Salary of a MBA in Material Manager

MBA in Material Management graduates can get placed in companies like Accenture, IBM, Cognizant, Tata Consultancy Services, HP, American Express, etc. The average MBA in Material Management salary in India is approximately INR 7-8 LPA.

Read More: MBA in Material Management Salary

Career Options After MBA in Material Management

Material Management can be implemented in the industry to find a real-time solution to the problems faced in logistics and supply chain management. This course has its importance in business that can help you to live your dream. After opting for an MBA in Material Management, you can get employment opportunities for the following job titles:

Supply Chain Manager
Purchasing Manager
Quality Manager
Logistics
Inventory Manager
Materials Manager
Materials Supervisor

Skills That Makes You The Best Material Manager

MBA in Material Management scope is rising in a current trend, and thus taking up an MBA Material Management course and learning skills can help you in advance for your future career. By Master of Business Administration Material Management, you will gain the following skills: