Industrial management can be defined as the effective utilization of human and non-human resources to run an organization to reach its targeted goal. Industrial Management includes planning of processes, Production, Inspection, Procurement, Quality, selection of materials, Store management Scheduling and controlling the activities, etc. The concept of industrial management aroused when the Industrial Revolution took place and the method of production gradually shifted methods of craftsmanship to mass production and automation.
The industrial management course emphasizes the statistics in management, the use of computer technology, mathematics, and trains the professionals to bear the management responsibilities in industrially oriented industries.
|Exam Type||Semester type|
Areas of Specialization:
- Supply Chain Management
- Healthcare management
- Organizational Behavior
- Marketing and Strategy
- Business Planning
- Risk Analysis and Safety in use of Chemicals
- Accident Prevention and Cost of Accidents
- Human Factors
- Operations Research
- Production and Management Systems etc.
Courses & Eligibility
|MBA||2 years||Candidates should have completed a Bachelor's degree with a minimum aggregate mark of 50% in any stream from a recognized university.||CAT, MAT, XAT|
- ICICI Bank
Admission Process for this course is done on the basis of the candidate's performance in the entrance exams like CAT, MAT, XAT, etc. There are some institutions that provide direct admission on the merit basis. After evaluation of academic and entrance exam performance, the institution conducts a personal interview that tests the ability of the candidate.
Important subjects taught in Industrial management are:
- Principles of management
- H R Management
- Production and material management
- Marketing management
- Financial management
- Business policy and strategic management
- Investments, security, and portfolio management
- Product, services, and distribution management
- Advertising and Sales Promotion
- Global marketing
- Knowledge in computer application
- Motivating spirit
- Leadership qualities
- Time managing skills
- Analytical skills
- Good communication skills
Career & Job Prospects
|Job Profile||Job Description||Average Salary Per Annum|
|Industrial Production Manager||Industrial production managers typically work in manufacturing plants, where they supervise and coordinate the production of products and goods ranging from consumer electronics to vehicles. They manage workers to ensure they meet performance and safety goals.||6 - 8 lakhs|
|Operations Manager||An operations manager is key part of a management team and oversees high-level HR duties, such as attracting talent and setting training standards and hiring procedures. They also analyze and improve organizational processes, and work to improve quality, productivity, and efficiency.||5 - 6 lakhs|
|Quality Assurance Control Manager||Duties of a quality assurance manager vary from industry to industry. Determining, negotiating, and agreeing on in-house quality procedures, standards, and specifications. Assessing customer requirements and ensuring that these are met. ||6 - 8 lakhs|
|Construction Manager||Construction managers are a part of the building process from the very beginning, working closely with architects and engineers to go over plans and blueprints, making timetables for the project, determining material and labor costs, negotiating with and hiring subcontractors and workers, scheduling workers on site, etc.||9 - 10|
|Organizational Consultant||Organizational consultants are responsible for enhancing the workplace based on research and the application of psychological principles. They often work closely with company management to solve common business-related issues through reorganization.||4 - 5 lakhs|
Question: What is the importance of industrial management?
Answer: Industrial Management helps in achieving group goals, it arranges the factors of production, assembles and organizes the resources, integrates the resources in an effective manner to achieve goals. It directs group efforts towards the achievement of pre-determined goals.
Question: What is the concept of industrial management?
Answer: Industrial management is the organizational process that includes strategic planning, setting; objectives, managing resources, deploying the human and financial assets needed to achieve objectives and measuring results.