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Mohit Dhulia
Industrial management is the discipline of management concerned with the construction and management of processes in an effective manner is known as industrial management. It is a two-year postgraduate program for which a minimum of 60% in graduation is required. Industrial management is the area of business administration that investigates the structural framework of businesses. It includes the areas of business management that are critical to a firm’s success in the manufacturing industry.
Acceptance to the program is determined by a student’s performance on a qualifying admissions test or merit on the previous assessment test. In India, the annual tuition expense for a degree ranges from INR 1 lakh to INR 8 lakhs. The median income for such individuals is INR 5 Lakhs to 6 Lakhs per year, with knowledge and expertise raising the salary.
The CAT score and any other admissions test that the individual institution regards would be used to screen applicants. The students who have been selected are then invited to a round of Group Discussion and Face To face interviews. Different institutes hold multiple entrance examinations for admission, while some institutions pick students based on a few common tests such as the CAT, GMAT, and others. Among the other tests.
| Course Level | Graduation |
| Duration | 2 years |
| Examination Type | Semester System |
| Eligibility | A minimum of 60% marks in graduation |
| Admission Process | In various recognized universities, there are entrance tests held followed by an interview |
| Course Fee | INR 8.10 Lakhs p.a. |
| Average Starting Salary | INR 6 Lakhs |
| Job Positions | Industrial Production Manager, Construction Manager, Compliance Officer, Production Manager, Operations Manager, Purchasing Manager, Quality Assurance Control Manager, Facility Manager, Organizational Consultant |
The Post Graduate Diploma in Industrial Management (PGDIM) is designed to develop young executives who can not only create improved processes and systems but also efficiently handle the innovations that go along with them. Career prospects have opened up as the Indian economy has become more globalized and the industrial sector has become more accessible. Many multinational corporations, joint projects, and even indigenous firms are drawn to India’s social and economic policies and wish to establish manufacturing facilities and factories throughout the country. Industrial management engineering degree programs normally cover the processes of managing, building, and administering production systems.
Aspiring young individuals who wish to attend a Postgraduate Diploma in Management degree and do well both academically and in everyday life must develop a number of qualities.
Communication: Aspiring young individuals who wish to attend a Postgraduate Diploma in Management degree and do well both academically and in everyday life must develop a number of qualities.
Logical thinking: One of the most important abilities demanded of business students is logical thinking. Logical thinking is a deliberate and rational way of thinking that concentrates on examining key variables that will affect an industry’s, team’s, or individual’s personal long-term development.
Leadership Skills: Developing proper leadership abilities can help increase employee productivity and foster career development. Management professionals need to be able to set goals in order to keep their teams motivated. Leadership skills include consciousness, self-control, collective awareness, and emotional and social control.
To gain knowledge of scientific principles of management, procedures, and quantitative and statistical abilities.
To transform businesses into well-oiled, efficient supply networks of goods, services, and information
| Name of the institute | City | Average fee p.a. |
|---|---|---|
| Indian Institute Of Management – [Iim] | Ahmedabad | INR 10 Lakhs |
| Indian Institute Of Management – [Iimb] | Bangalore | INR 14 Lakhs |
| Icfai Business School – [Ibs] | Hyderabad | INR 6.25 Lakhs |
| Indian Institute of Management – [Iimc] | Kolkata | INR 5.63 Lakhs |
| Indian School Of Business – [Isb] | Hyderabad | INR 24.7 Lakhs |
| Indian Institute of Management – [Iim] | Lucknow | INR 5.94 Lakhs |
| Xavier Labour Relations Institute – [Xlri] | Jamshedpur | INR 14 Lakhs |
| University of Delhi, Faculty Of Management Studies – [Fms] | New Delhi | INR 10,480 |
| Indian Institute of Management | Kozhikode | INR 8 Lakhs |
| Shailesh J. Mehta School 0f Management – [Sjmsom] | Mumbai | INR 1 Lakhs |
| National Institute of Industrial Engineering – [Nitie] | Mumbai | INR 3.81 Lakhs |
Given below the course structure for the PGDIM course:
| Subjects of Study |
| Organizational Behaviour and Human Resource Management |
| Managerial Accounting |
| Business Communication |
| Managerial Economics |
| Statistics for Management |
| Industrial Engineering and Productivity Management |
| Financial Management |
| Business Research Methods |
| Operations Management |
| Procurement and Materials Management |
| Quality Management |
| Project Management |
| Operations Research |
| Marketing Management |
| IT for Management |
| Supply Chain Management |
| System Dynamics |
| Sustainable Development |
| Summer Project |
An Industrial Manager’s primary role is to create and supervise a production schedule that takes into consideration resources, schedules, and finances.
Applicants can choose from a variety of job opportunities in various manufacturing plants across the country:
| Job Position | Job Description | Average Annual Salary in INR |
|---|---|---|
| Production Manager | Schedules are planned and organized. Examining the project’s and resources needs. with clients and staff, estimating, bargaining, and agreeing on budgets and timeframes | INR 7 Lakhs |
| Quality Assurance Control Manager | Creating, debating, and approving internal quality procedures, standards, and specifications. Identifying and ensuring that work is completed on time. | INR 9 Lakhs |
| Organizational Consultant | Aims to increase a company’s productivity and profits while keeping its personnel. | INR 6 Lakhs |
Industrial management is the discipline of management concerned with the construction and management of processes in an effective manner is known as industrial management. It is a two-year postgraduate program for which a minimum of 60% in graduation is required. Industrial management is the area of business administration that investigates the structural framework of businesses. It includes the areas of business management that are critical to a firm’s success in the manufacturing industry.
1) Aspirants should have a Bachelor’s Degree or equivalent from a recognized institution, with a minimum requirement of 60% minimum aggregate or equal to any subject.
2) Given the overall numerous applications submitted, the final selection process can be a greater percentage.
3) Upon finishing higher secondary schooling under the 10+2 system or an equivalent, the applicant must receive a Bachelor’s Degree or similar qualification that entails a minimum of three years of education.
4) Students in their last year of an Engineering/Technology degree are also eligible to apply.
XLRI Jamshedpur, NITIE Mumbai, FMS University of Delhi, Indian Institute of Management are some of the top colleges for Post Graduate Diploma in Industrial Management.
The selection process totally depends on the college for a few of them they ask for work or experience but some colleges do not ask. Therefore always check the college’s website for the selection procedure.
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