This branch of management is concerned with running an industry, incorporating all its aspects such as man, material and energy to produce certain commodities. Industrial production managers plan, direct and coordinate the production activities that produce millions of goods every year. Their aim is to make sure that production proceeds smoothly and stays within the budget. They also monitor product standards and implement quality-control programs. Professionals are expected to keep abreast of new technology that can be used in the production process. They must be computer savvy, as computers increasingly play an integral role in the manufacturing process and in the coordination among departments, suppliers, and clients. The demand for highly skilled personnel in the stream of industrial management is increasing day by day owing to globalization and industrialization.
Courses and eligibility:
Industrial management involves technical aspects of production process, quality control, safety standard, tools and machinery, energy and power along with optimum utilization material and human resources. Thus, unlike other streams of management, post graduate programs in industrial management, is open to only engineering/technology graduates (B.E/B.Tech). Admission into these courses is made through several entrance tests.
Applicants with college degrees in industrial engineering, management, or business administration, and particularly those with undergraduate engineering degrees and master's degrees in business administration or industrial management, should enjoy the best job prospects. Employers are also likely to seek candidates who have excellent communication skills and related work experience and who are personable, flexible and eager to enhance their knowledge and skills through ongoing training.
Industrial Managers are employed in various industrial units such as textiles, steel, power, chemicals, aviation robotics etc. Public sector undertakings particularly those of iron and steel, power and energy, tools and machinery industries also offer lucrative job opportunities for these graduates. Industrial managers with a proven record of superior performance may advance to plant manager or vice president for manufacturing. Others transfer to jobs with more responsibilities at larger firms. Opportunities also exist for managers to become consultants.
A fresh graduate can earn Rs 25,000 to 40,000 initially, depending upon qualification, nature and location of job. In the public sector pay packages are relatively lower than what private industries offer. Experienced candidates can earn even more along with other benefits.
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