Management Degrees with a Focus on Operations
For those with an organized, efficient lifestyle, or those who enjoy working with and around people, a management degree might seem the logical, if not easy choice when it comes to selecting a degree. However, there are certain aspects of management that might not be as simple as you think.
Operations could be one of those categories of management that might require a bit more effort than you expect when it comes to class work and subject matter.
It isn’t all human interaction and wit that gets the job done in operations. In addition to general management courses, those focusing on this side of management will likely need a good grasp of mathematics, finance and accounting to find themselves proficient in particular areas within the field of operations.
One area of management in which those with an operations focus might find themselves drawn is project management. While in general terms, project management might seem a simple role, there can be plenty of requirements that call for an educational background within the area. Analyzing capacity requirements or needs, determining labor costs, conducting productivity analysis, supply or project analysis, and similar roles might all come along with a position in project management. You might also be called upon to determine timelines, do cost analysis, review shrinkage (loss of products before the point of sale), and deal with loss prevention. A management degree with a focus upon operations could help you better understand and be prepared for such tasks in project management. Browse though a complete list of colleges that offer project management degrees.
Inventory management presents itself as another pertinent subject area within the realm of operations that could be a focus area within your degree coursework. Classes might have you learning how to determine inventory levels and inventory on hand, tracking shrinkage levels, doing cost analysis, creating pricing models and running various inventory analysis programs. You might also find yourself learning about various aspects of manufacturing and production as well as how to manage supplies and suppliers, which leads to another important area within operations — logistics.
In today’s expanding business world, logistics is becoming increasingly important to many management roles. Learning about outsourcing and offshoring for businesses, customer service, and production needs, determining international sales and supply needs, and considering shipping issues and opportunities may be just some of what you might learn when it comes to managing logistics in today’s high tech business culture. Fast paced supply and demand can make the ability to analyze the area of logistics in operations necessary to operate and manage a business efficiently, effectively and profitably.