Operations Management – Career Path, Salary and Best MBA
What are the responsibilities of an Operations Management personnel?
In the global marketplace, Operations Management personnel are the backbone of a company's operations, determining costs, quality, and delivery of products and services. They are involved in all processes, right from choosing the right raw materials to selecting suppliers and providing a strong customer experience. They ensure that a company's strategy is implemented on the ground, whether in the factory or in the marketplace. As a result, Operations Management has become a critical function, especially when it comes to e-commerce or technology products, where suppliers, as well as customers, are spread across the world. The latter expects no compromise on the quality of the products or services. Optimal operations is the key to competitive edge, and the long-term success of a company lies.
Although Wharton has a slight advantage over Columbia in terms of history and reputation, the demand from our readers to do a detailed analysis allowed us to dig deeper into 8 comparison factors: location, ranking, cost, funding, incoming class, curriculum, experiential learning, and post-MBA opportunities.
The study of strategy basically revolves around the question - Why do some firms do consistently better than others? Strategy stresses on the awareness and skillsets required to grasp, analyze and create ways to succeed in a competitive, complex and dynamic business situation. Expertise in strategy is vital in all business, especially for consultants.
Australia’s economy follows open-market policies that encourage global trade and investment. It is home to dynamic entrepreneurs and a buzzing private sector. What makes Australia particularly attractive to MBA graduates are the salaries, which are among the highest in the Asia-Pacific region. MBAs in Australia working as Management Consultants earned the highest total salary of up to AU$195,442, followed by Business Development Managers (AU$143,941), Operations Manager (AU$135,129) and finally another popular post-MBA role, Marketing Managers, who earned AU$123,520 in total salary.
Despite Businesses and the world at large looking at Finance professionals as a pariah, post-2008, the demand for Finance as an Industry and job function has returned in 2015. By 2024, financial operations are estimated to add 632,400 new jobs. 
More and More recruiters are questioning the conventional methods used to teach MBAs. In their path-breaking book, 
For people who wish to stay in Latin America, there are several advantages: low living costs, friendly hospitable people, rich heritage in culture & arts, and an easy going way of life. Most of the MBA programs in the region are taught in Spanish, with some in Brazil even conducted in Portuguese. 
An MBA in Information Systems teaches how to effectively store, manage, protect, share and distribute information. But more importantly, it deals with realizing the real value of information, and how to efficiently utilize the information to offer newer and better services, thereby delivering higher profits. 
The Global Innovation index (GII) ranking for the first half of 2013 has been released. Switzerland, Sweden, and United Kingdom have taken the top 3 positions. Netherlands and United States completes the top 5 ranking. 
