Operations management is all about analyzing and organizing every operation imaginable that is used in modern day society. For example, it covers operational procedures for almost everything you can think of – from education to medical care, transportation to finance. It’s the largest single area of management and is constantly being updated and re-evaluated in line with the most up to date thinking. Operations management training is a fascinating area to study, and one which will develop your analytical skills, risk assessment, forecasting and operational strategy to the utmost. So if you’re the kind of person who looks at a situation and automatically begins to think how it could be done better, then an operations management degree could well be the start of a fascinating and lucrative career, not to mention providing you with extreme personal satisfaction as well.
What’s it all about?
Operations management is all about problem solving. From the smallest of businesses to the largest of global enterprises, the smooth running of everything depends on a large amount of well thought out operational strategies. The first year of an operations management degree will be focused on nurturing the theoretical, statistical and mathematical skills necessary to succeed in this field of study. After that there is likely to be the chance to begin to specialize in the various applications and techniques that interest you the most. These could include quality and risk management, supply chain management, business analytics, consultancy skills and project management, demand forecast and revenue management or innovative development in operations management.
What will I learn?
Whilst every institution has its own individual methods of delivering the syllabus, you can expect your operations management training to cover the following:
- The concepts of operational management
- Analysis of the management of organizations taking into account the three major themes of service, efficiency and quality
- Mathematical and statistical skills related to the management context
- Microsoft Excel, Word and other software programs
- Analysis and problem solving
- Organizational structure
- Managerial reporting
- Cost and staff effectiveness analysis
How will I learn?
It’s highly likely that an operation management degree will take advantage not only of theoretical and practical training, but also work placement opportunities as well. Lectures, case studies and practical exercises will all be used, with much of this being based on real-time situations to ensure that your education is as realistic as possible. Any work placements are likely to take place at larger corporations. Computing skills are often taught in smaller group scenarios, meaning that the necessary knowledge can be learnt quickly and in the most efficient manner possible.
After gaining my degree, what options are open to me for employment?
After gaining your degree in operations management a huge amount of career options become available to you. Because this training hones your skills in a very valuable combination of operational issues, this makes operations management graduates very sought after by employers. You can consider moving into either the public or private sector, services or manufacturing. Options include the finance field, public services, marketing, strategy or project management.