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About operations management
About operations management
About operations management
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MBA with specialization in Operations Management
A two-year MBA program has the first and the second year separated by the summer internship. The first year is more generic in nature where the students learn core subjects and get an idea of all that they must know regarding various management functions.
In the second year, the students have to choose from a variety of specialization choices. These choices lead to specialization in a specific area of management and are meant to provide extensive and intensive knowledge in that specific area. There are five main specializations that are offered by almost all MBA institutes. They are Marketing, Finance, Human Resource development, Operations Management, Information Technology.
Making a choice
Generally most of the students have no idea when it comes to choosing specialization. They tend to choose it mostly on their preconceived notions. They are largely influenced by ongoing trends, their peers and teachers. You have to choose your career very carefully. You should select the right path on the basis of your interest and instincts and not on the basis of peer pressure or high salary. While doing an MBA program, the specializations should be chosen on the basis of your passion, choice and capability.
The first year is the time when you will have the hunch
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It includes a series of acts or events that produces the end result or end product. An MBA specialization in operations management looks at the underlying concepts of the production and operations function of an organization, and are generally divided into two areas. The first is the study of manufacturing or production operations and the second is service operations. This may encompass study in the following areas: design-related activities that form the function of a particular operation; the planning and control activities necessary to run the operation; and/or improving the way a particular operation performs its
It is evident that people have different and unique desires when it comes to career interests. Therefore, this desire is the driving motive for people in their career growth and development. Perhaps, the first step towards selecting a satisfying career is to find out the things that are exciting and a source of joy. I have always found business management an interesting career option because my ultimate objective is to become among the leading businesspersons. Business management involves dealing with various kinds of people and a lot of strategic decision-making, which are the two major important attributes of a business person (O'Grady, 2009). Business management career is an interesting career, because it is one of the ways that an individual can become their own boss through establishing a business and seeing it through to success. In this particular research, my focus was based on Apple Inc (Hitt, Hoskisson & Ireland, 2013). It is one of the leading companies in the mobile phones and computer industry. Its success is accredited to the manner in which management has been handled within the company.
Most of undergraduate or high school student graduate lacked is experience. Experience in the field or life experience is both require having a successful career. To become a competitive candidate employee, student should take time to gain experience. There is no better way to do it but taking a gap year. Gap year offers a sufficient time for student to earn both experiences that needed. Gaining experience from the real life setting is a break from traditional education. According to gooversea.com, many people who enter college straight from high school regret their choices with the first two years. Also, students have a choice to where their want to gain experience. It could be through humanitarian volunteer or shadowing doctor in a medical camp in Peru. All thighs are possible through gap year. Moreover, students can earn experience and money at the same time. The wages save up from working is put toward future endeavors such as education. By doing internship related to career path, students gain valuable experience and a chance to network with expert in the industry. Which, it is likely to benefit their career in the future. Additional to gain experience is meeting new people. It is impossible not to make a new friend through out the year. Entering college right away may surround student with the same folk. However, gap year allows student to discovered other and interact with people from all over the
According to Aquilano, Chase, and Jacobs (2005), "Operations management (OM) is defined as the design, operation, and improvement of the systems that create and deliver the firm's primary products and services" (p.19).
After almost three years at Bernstein, I am once again seeking career advancement. My education and work experience have provided me with an excellent introduction to business, and they have sparked my interest in finance. Taking into consideration my foundation and my interests, graduate business school is the next logical step. At this point in my life, I consider a Wharton MBA to be necessary since I need to gain a broader understanding of finance and to sharpen my analytical skills in order to be successful in corporate finance. Wharton's MBA program will allow me to concentrate in finance, strengthen my global business perspective, and provide me with the opportunity to study with and learn from people with varied backgrounds. The school's location in the financial capital of the world and in one of the most diverse cities in the world also suits me perfectly.
And I have the master degree which is better than bachelor degree students to find a job. The MBA program offers me management techniques and more viable. However the weakness is I am the international students, that means I have to find a company can sponsor H1B. And my oral English is not that good. But this can be practiced.
Operations management focuses on managing the processes of producing and distributing products and services. Operations activities often include product creation, development, production and distribution. It deals with all operations within the organization. Related activities include managing purchases, inventory control, quality control, storage, logistics and evaluations. The nature of how operations management is carried out in an organization depends very much on the nature of products or services in the organization, for example, retail, manufacturing, wholesale, etc.
Operations management focuses on carefully managing the processes to reduce and distribute products and services. Related activities include managing purchases, inventory control, quality control, storages, logistics and evaluations. A great deal of focus is on efficiency and effectiveness of processes. Therefore, operations management often includes substantial measurement and analysis of internal processes. Ultimately, the nature of how the operations management is carried out in an organisation depends very much on the nature of products or services in the organisation, for example, retail, manufacturing, wholesale and etcetera.
I develop and deliver technical solutions to collection of applications used by retail giants across the globe. My responsibilities have given me scenarios to put on my problem solving and interpersonal skills in real life situations. Frequent interactions with client aroused in me, an urge to get into a management consultant role. But, with time I realized that I have to upgrade my skill-sets and make myself more relevant and attractive to the job market. I also realized that I have to diversify my aspects of management such as leadership, entrepreneurship and finance etc. and Broad MBA will equip me with these skills and will increase chances of succeeding in my goals, manifold. After accomplishing virtuous knowledge of IT industry, I believe that Broad MBA program will help me learn more about business problems drawn from real-life scenarios and prepares me to take the next step toward career success. I believe Broad is more than just a place to learn. Through Broad MBA, I will not only shorten my learning cycle but also get a chance to learn from world class faculty, established curriculum and diverse peer groups. This innovative pedagogy will help me put the big foot forward towards my goals, build a professional and personal network and edify me as where to look for information and how to interpret it, when required. The Broad is well respected for the quality of its program, which has been recognized for its cutting edge design and delivery, with rankings that indicate its place among the top tier programs around the world. It will help me create a unique learning experience and it will be my passport to new world of opportunities. While global economic vagueness make me, insecure but I believe that now these challenges wil...
Demand is for those who earned a degree in business administration or business related field are in high demand. Versatility is for those with a degree in business who are entering the working world with unrivaled versatility. Opportunities, there are so many opportunities out there for those with a business degree. In the business field, there are so many different opportunities such as: getting to know others company that you are competing with, meeting plenty of board members, being able to get promoted, and etc. The business world has a lot that people can benefit from in the long
The specific breakdown of operations management came from reading chapter 1 of the online textbook titled Operations Management. Further explained in the book, operations services are products of the transformations of inputs to outputs. Manufacturing products differs from providing services in seven factors: degree of customer contact, uniformity of input, labor content of jobs, uniformity of output, measurement of productivity, production and delivery, quality assurance, and amount of inventory (Operations Management, 2004, p.6). Operations management includes many processes, all of them should be considered thoroughly by the manager. These processes include: forecasting, capacity planning, scheduling, managing inventory, assuring quality, and motivating and training employees (Operations Management, 2004, p.8). Operations management also includes different models, quantitative approach, the analysis of trade-offs, establishing priorities, ethics, the study of the ...
Operations management strategies play an important role in any organization to achieve organizational goals. An organization uses these operations strategies to maintain and control all its operations...
The further education in today’s modern world is extremely important because of the sheer competition for jobs. An MBA significantly increases the hiring opportunities and improves a persons career choices significantly. My research found that a number of huge companies actually required an MBA to even get a first interview. The MBA teaches different techniques from companies and the undergraduate degrees, so you learn skills that are essentially very much exclusive to graduate business programs. It is clear that the MBA degree is sought by Finance companies as currently JP Morgan, Chase, HSBC and Wells Fargo currently offer sponsorships for employees to continue their education if they work for the company for a certain period of ti...
At this stage of my life, I would like to expand my knowledge by pursuing higher studies in the field of Master of Engineering Management. The Engineering Management field is a perfect fit for me. I want to connect my engineering background with business and management field. In this
This topic, challenges and performance of MBA graduates in their career, is deeply related with my situation and future since I am going to specialize in business administration. Therefore I predicted it is important for me to understand challenges and performance of MBA. People, including me, consider MBA is beneficial, however severable articles argue about challenges of MBA program itself through evaluating workers who have MBA degree. As a future MBA student, investigation of these topics is going to be highly meaning full for my feature career.
In every organization, different operational functions exist to ensure the smooth learning of the organization. In order for an individual to have the knowhow on how to operate the functions delegated to them they must have implicit knowledge on the functionalities themselves. Understanding markets, customers and the company goals has always proven to be a core starting point for individuals who ply their trade in the organization. The essence of the skills is evident in globalization, cooperate social responsibility and risk management issues. In operations management, the basic principles of operations should be followed to ensure that the profitability of the organization ensures the operation of the organization is