Material management is one of the India’s most rapidly growing fields. The reason behind this rapid growth is the scarcity of invaluable resources as per the growing population. Hence pursuing the PGDM in Material Management will open up various job opportunities with high packages in the government and private sectors.
A material management expert’s primary responsibility is to plan purchase procedures, manage supply as per the requirements, and standardize procedures. This job role offers intends to obtain a fair return on the investments through reasonable and responsible material management that assures reduced overall expenses and input supply.
Material Management course provides huge opportunities in various business areas, providing practical value for a certified and knowledgeable professional. This field is broadly open for a deserving candidate in supply chain management and material management. This course enables you to improve your knowledge to have more significant career options.
PG Diploma in Material Management is created for the students/ learners to offer information regarding business insight by the advanced study of various subjects like inventory management, stock management, supply chain management, purchasing, and delivery management to acquire information in practical work.
Diploma in Material management course duration is one to three years. However, the course duration depends upon the course type- one year for a full-time course and three years for a distance learning course. Minimum eligibility criteria are graduation from a recognized university or diploma certificate in the appropriate field with work experience of three years.
Highlights of PGDM in Material Management
| Course Level | Postgraduate |
| Duration | One to three years |
| Examination Type | Semester based |
| Eligibility Criteria | Graduation from an authorized university or diploma certificate in the appropriate field with work experience of three years. |
| Admission Process | As per the scorecard of the entrance exam |
| Course Fee | INR 27,000 to 47,000 |
| Average Salary | INR 5 lacs to 10 lacs per annum |
Top Institutes for Post Graduate Diploma in Material Management
| Name of Institute | Average Fees (INR) | City |
| Indian Institute of Materials Management | 45,000 | Mumbai |
| MIT School of Distance Education | 27,000 | Dalhousie |
| Indian Institute of Materials Management | 43,550 | Delhi |
| MIT School of Distance Education | 50,000 | Pune |
| Indian Institute of Materials Management | 47,150 | Ahmedabad |
| MIT School of Distance Education | 50,000 | Kolkata |
| Indian Institute of Materials Management | 45,000 | Bangalore |
Syllabus and Subject Structure of PGDM in Material Management course
Six Semester-based course
Semester I
- Management Information Systems
- Legal Framework and Business
- Managing e-business
- Quantitative Methods
- Technology and Operations Management
Semester II
- Material and Store Management
- Legal Aspect of Supply Chain Management
- Enterprise Resource and Planning
- Risk Management
- Project Report
Semester III
- Inventory Management
- Logistics and Supply Chain Management.
- Two subjects (Packaging, Distribution Management)
- Research Methodology
Semester IV
- Project Work
- Viva
Semester V
- Strategic cost & Financial Management
- Business Strategies and World Class practices
- Advanced Supply Management
- Elective (anyone)
Semester VI
- Dissertation Work
- Viva
Elective subjects
- Project Management
- Retail Supply Chain Management
- Operation Strategy
- Marketing Management
- Total Quality Management
Tri Semester-based course
Semester I
- Principles of Management
- Indian Economy and Policy
- Business Communication
- Accounting for Managers
- Marketing Management
- Legal and Business Environment (Micro and Macro)
Semester II
- Management Information System
- Human Resource Management
- Research Methodology and Management Decision
- Strategic Management
- Business Analytics
- Financial Management
Semester III
- Project Management
- Production, Planning, and Control
- Inventory Management
- Materials Management
- Project Work
- Elective Basket (Select Any One)
Elective subjects
- Business Ethics and Corporate Social Responsibility
- Marketing of Financial Services
- Social Media Marketing
Eligibility Criteria For PGDM in Material Management
Candidates are required to complete graduation from an accredited university. Diploma holders can also apply for this course, so they need to complete their diploma in the appropriate field with work experience of three years.
Admission process For PGDM in Material Management
The admission process is based on the entrance exam as well as a personal interview. Still, various institutes conduct their separate entrance test to offer admissions. Here is a list of entrance exams that are applicable for admission:
- AIMS Test for Management Admission (ATMA)
- Common Admission Test (CAT)
- Management Aptitude Test (MAT)
- Xavier Aptitude Test (XAT)
- Graduate Management Admission Test (GMAT)
- Common Management Admission Test (CMAT)
As per the standard process, admission will be given according to the entrance exam scorecard and performance in the personal interview.
Career Opportunities After PGDM in Material Management
As this course involves various advanced concepts, the students have huge career opportunities. There are various job roles available for them, such as Strategic Planner, Purchase Manager, Purchase Analyst, Supply Chain Manager, etc. They can also work as Procurement Manager, Operations Manager, Materials Analyst, Materials Manager, and Inventory Manager after completing this course successfully.
Here is a list of the top recruiting companies and job roles for a candidate holding PGDM in Material Management.
Top Recruiting Companies Material Managers
- ACC Limited
- Accenture
- CTS
- Global Services
- Godrej
- HCL
- HSBC
- IBM
- Idea Cellular Services
- Infosys
- ITC
- Pepsi
- R Systems
- Reliance Infocomm
- Stage
- Whirlpool
- Wipro
- Zenith computers
- ANI
- IFC
Job Roles for Postgraduate candidates in PGDM in Material Management
- Strategic Manager
- Supply Chain Manager
- Material Manager
- Procurement Manager
- Inventory Manager
- Commodity Manager
- Strategic Sourcing Manager
- Warehousing Manage
Conclusion
This article has provided complete information regarding the Post Graduate Diploma in Material Management course available in India. So as we know, PGDM in Material Management offers huge opportunities in various business areas, providing practical value for a certified and knowledgeable professional. This field is broadly open for a deserving candidate in supply chain management and material management.
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