ABOUT THE COURSE
Material Management is a logistical career similar to supply chain management in which professionals are hired to supervise purchasing decisions. Material Management plays a pivotal role in guaranteeing all tools needed by medical staff, IT staff, construction staff, and manufacturing production unit or even office equipment and stationery are accessible through efficient ordering. Buying the best quality products at the most cost-effective prices for their facility’s inventory is the goal.
The PG Diploma in Business Administration with specialization in Material Management is an opportunity that prepares you to enter the stockrooms of renowned MNCs and manage businesses. The course gets you accustomed to workable terminologies of material management- stock and inventory control, store management, modern purchasing procedures, and Enterprise Resource Planning (ERP).
Learning Outcomes:
- Learn the objectives and importance of material planning, handling and forecasting
- Understand the International Standards Organization (ISO) guidelines
- Learn the tools and techniques of quality management and the principle of TQM
- Understand the value analysis framework and its importance
- Learn the vendor evaluation process, negotiation skills, implementation of material management in ERP and SAP
COURSE SYLLABUS
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Semester I
Code Subject Credits S1C01 Principles of Management 4 S1C02 Indian Economy and Policy 4 S1C03 Business Communication 4 S1C15 Accounting for Managers 4 S1C05 Marketing Management 4 S1C06 Legal and Business Environment (Micro and Macro) 4 Total Credits 24 -
Semester II
Code Subject Credits S2C07 Management Information System 4 S2C08 Human Resource Management 4 S2C09 Research Methodology and Management Decision 4 S2C10 Strategic Management 4 S2C11 Business Analytics 4 S2C16 Financial Management 4 Total Credits 24 -
Semester III
Code Subject Credits S3EL1 Business Ethics and Corporate Social Responsibility 4 S3W07 Production, Planning and Control 4 S3W08 Inventory Management 4 S3W09 Materials Management 4 S3C13 Project Management 4 PWMI1 Project Work 6 - Elective Basket (Select Any One) 4 -
Elective Basket (Select Any One)
S3EL3 HR Analytics 4 S3EL2 Marketing Analytics 4 S3El5 Supply Chain Analytics 4 S3FM4 Financial Analytics 4 Total Credits 30 -
Semester IV
Code Subject Credits S9EV2 Entrepreneurship and Venture Capital Management 4 S4W21 World Class Manufacturing 4 S9AI4 Achieving Supply Chain Integration 4 S3W10 Warehouse Management 4 PWMJ2 Project Work 8 - Elective Basket (Select Any One) 4 -
Elective Basket (Select Any One)
S3EL3 Marketing of Financial Services 4 S3EL4 Social Media Marketing 4 S3EL6 Predictive Modelling 4 Total Credits 28
- The above course curriculum is subject to revision as per AICTE guidelines from time to time and as per industry updates.
- Exams would be conducted during the January and July exam cycles.
- All the Exams at MITSDE (Internal & External) are in the form of Multiple Choice Questions.
- Student will have to attempt all the components in the Learning Management System and submit TWO Quizzes (30 marks each) for each subject.
- Internal Examinations carry 60% marks (2 Quizzes of 30 Marks each) and External Proctored Exam carry 40% weightage (passing criteria for both internal & external exam is 50%).
Fee Structure
Fee Option | Installment I | Installment II | Installment II | Total Fee |
Lumpsum | - | - | - | ₹ 85,000 |
Installment | ₹ 30,000 | ₹ 27,500 | ₹ 27,500 | ₹ 85,000 |
Fee Structure For NRI Students
Fee Option | Installment I | Installment II | Total Fee |
Lumpsum | - | - | $ 3,400 |
Installment | $ 1,850 | $ 1,850 | $ 3,700 |
- Alumni– up to 25% in course fees.
- Defence personnel- up to 30% in course fees.
- Specially Abled- up to 20% in course fees.
- Students are required to pay additional exam fee per exam per attempt. For Installments
- The first instalment needs to be paid at the time of admission.
- Second Installment needs to be paid within 3 months from the date of admission.
Validity
Course Duration | Extension | Validity |
2 Years | 6 Months | 2 Year 6 Months |
Potential Career
Understanding the new-age models, you can crack complex problems and deal with material management in a smarter way, and prepare to take up exciting roles namely:
- Strategic Manager
- Supply Chain Manager
- Material Manager
- Procurement Manager
- Inventory Manager
- Commodity Manager
- Strategic Sourcing Manager
- Warehousing Manager