ABOUT THE COURSE
Material management aims to get an equitable return on the investments with reasonable competent management of material, which in turn ensures decreased overall expenses and seamless supply of inputs. Indenting, planning of purchase procedures, standardization procedures, controlling supply according to demand are some responsibilities of material management professionals.
A PG Diploma in Material Management presents a range of opportunities in various domains of business, rendering the field lucrative for certified and knowledgeable professionals like you. The field is wide open for deserving participants in supply chain management companies, material management, and retail industries. As the manufacturing sector is poised to grow rapidly in the country and the world, a wide range of opportunities within the industry in various strata are expected to further open up.
Learn 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 S3C13 Project Management 4 S3W07 Production, Planning and Control 4 S3W08 Inventory Management 4 S3W09 Materials Management 4 S3W10 Warehouse Management 4 - Elective Basket (Select Any One)
4 Total Credits 24 -
Elective Basket (Select Any One)
S3EL3 HR Analytics 4 S3EL2 Marketing Analytics 4 S3El5 Supply Chain Analytics 4 S3FM4 Financial Analytics 4 -
Project Term – 3 Months
S. No Subject Credits 1 Desk Research 2 2 Project Work 4
- 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 III | Total Fee |
| Lumpsum | - | - | - | ₹ 65,000 |
| Installment | ₹ 25,000 | ₹ 24,000 | ₹ 24,000 | ₹ 73,000 |
Fee Structure For NRI Students
| Fee Option | Installment I | Installment II | Total Fee |
| Lumpsum | - | - | $ 1,800 |
| Installment | $ 1,000 | $ 1,000 | $ 2,000 |
- 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.
- Third Installment needs to be paid within 6 months from the date of admission
Validity
| Course Duration | Extension | Validity |
| 21 Months (18 + 3 months project work) | 6 Months | 2 Years 3 Months |
Potential Career
As a successful candidate, the course shall equip you with strategic material management skills. Job prospects will open up namely:
- Strategic Manager
- Supply Chain Manager
- Material Manager
- Procurement Manager
- Inventory Manager
- Commodity Manager
- Strategic Sourcing Manager
- Warehousing Manager
