MBA with a Specialization in Industry/Operations
Operations management is the corporate area in charge of designing, managing and tracking different processes. These processes are made up of interrelated, sequential activities through which the components and actors required (raw materials, labor, capital, information, the client, etc.) are transformed into products. The key is the value added through the process as perceived by the customer, i.e. the end product has a greater value than the elements pre-process. Companies now need a new kind of supply chain/logistics/operations manager and this need has led to the creation of an MBA in supply chain management or logistics & operations. An MBA in operations teaches the student how to deal with production management or shop floor management. An operations management MBA specialization looks at how products, services and supply chains are designed and managed. One learns how to maintain process flows and to develop vendor and inter-departmental relationships. Most candidates with engineering backgrounds go for an MBA in operations, as it gives them an edge over their peers in product development and designing and in process optimization.
If you are looking for the best MBA in operations management, take a look at the below ranking that lists the top operations management MBA programs right now. As so many business schools offer this specialization, a competitive candidate should really only be considering the best business schools for operations management available.
Best MBA Programs in Production/Operations: USNews 2019 Rankings
- Massachusetts Institute of Technology (Sloan)
- Carnegie Mellon University (Tepper)
- Purdue University–West Lafayette (Krannert)
- Stanford University
- University of Michigan–Ann Arbor (Ross)
- University of Pennsylvania (Wharton)
- Georgia Institute of Technology (Scheller)
- Northwestern University (Kellogg)
- Columbia University
- Ohio State University (Fisher)
- Harvard University
- Indiana University (Kelley)