Operations management involves the supervision and coordination of operations related to the production of goods. If you have strong problem-solving and leadership skills, this field of business may be right for you. Read on to learn more.
Inside Operations Management
Professionals who work in operations management are responsible for designing and overseeing functions related to the use of the raw materials, labor and equipment required to produce a marketable product. Their day-to-day tasks may involve project coordination, quality management, and logistics or supply chain control. In order to be successful, managers must be able to predict elements related to supply and demand, solve problems, lead employees and multitask. They must understand the needs of the companies they represent, work well under pressure and be both detail- and deadline-oriented.
Educational requirements for professionals in operations management can vary by company and industry, although a bachelor's degree in business or operations management is usually required. Those working in more complicated positions may be required to hold a master's degree in business administration (MBA) with a focus in operations management. Coursework in this field can include finance management, operations control, database management and organizational behavior management. Review the links below for more details about degree programs in this field.
- Materials and Operations Management Degrees
- Industrial Management Degrees
- Master of Management Degree
Distance Learning Options
Nowadays, online courses and programs in fields such as operations management are plentiful and range from Web courses to complete degree programs. Here are some articles offering more information regarding online learning options.
- Distance Learning Courses in Operations Management
- Online Operations Management Bachelor's Degree
- Online MBA in Operations Management
Studies in operations management afford graduates a wide range of career options depending on the area of specialization. Whether you are considering earning a bachelor's degree to become a production manager or an MBA to pursue a management career with a large corporation, Education-Portal.com offers the resources you'll need to make your career decisions. Below are only a few examples of the careers that are related to operations management.
Employment Outlook and Salary Information
According to the U.S. Bureau of Labor Statistics (BLS), employment of industrial production managers was expected to see little to no change between 2012 and 2022; although employment growth typically may vary according to industry (www.bls.gov). Employment of logistics professionals, however, was predicted to climb 22 percent over the decade, which was considered much faster than average when compared to all occupations in the country.
The average annual salary for general and operations managers in 2013 was $116,090. According to the BLS, operations managers in computer systems design earned $156,610, while those in financial investment averaged $187,640 a year. In the same year, industrial production managers averaged $99,370 annually, while logisticians earned a mean wage of $76,330.
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