About the Course MBA in Total Quality Management
An MBA in Total Quality Management is a postgraduate degree in management. It aims at imparting advanced learning and focuses on improving component areas of an organization. Typically, it takes two years to complete and is available both on-campus and online. To be eligible, candidates must hold a Bachelor's degree in a relevant field. Those with work experience in Manufacturing or allied industries are encouraged to apply for this program.
The course covers all aspects of TQM, from its inception to the latest tools. The MBA in Total Quality Management also covers various aspects of quality management, including Lean operations, Six Sigma, and employee empowerment. It prepares individuals for real challenges associated with Total Quality Management. You must have a bachelor's degree to enroll in an MBA in Total Quality Management.
TQM is a continuous effort to improve the overall quality of a company. It takes data from feedback from customers and helps develop the company's overall development. An MBA professional is the best choice for a TQM management position, as they have the necessary skills to create a budget. And, as a manager, you should always have a professional MBA qualification. Your employees should be reliable and adept at handling various aspects.
Overview of the Course MBA in Total Quality Management
The table below describes some of the major highlights of the course:
Name | MBA in Total Quality Management |
Level | Post-Graduate |
Duration | 2 years |
Examination Type | Semester System |
Eligibility Criteria | 10+2 with a 50% minimum aggregate score and a bachelor's degree |
Admission Process | Based on counseling after clearing Entrance Tests or Direct Admission in some cases. |
Average Annual Fee | INR 1.5- 3 Lakhs |
Average Annual Salary | INR 4 to 11 Lakhs |
Top Recruiting Companies | Banks, Security Agencies, Manufacturing and Construction Firms. |
Job Opportunities | Quality Supervisor, Quality Engineer, Quality Leader, etc. |
Why the Course MBA in Total Quality Management?
An MBA in Total Quality Management provides additional education in enterprise customized development. Students gain hands-on experience in assessing the quality of products for end customers and designing new strategies. A graduate can find jobs in the top companies and organizations after completion of the program.
An MBA with a focus on Total Quality Management can help a company improve its overall performance and profitability. MBAs with a strong business management background can take on the challenges of implementing Total Quality Management in their organizations. The benefits of TQM are numerous. An MBA program can improve a company's product quality, the quality of service it provides to customers, and the environment it fosters for workers. However, this type of MBA education also requires a strong commitment from the MBA student to the company's culture and mission statement.
An MBA in Total Quality Management aims to meet the professional and academic needs of managers in a global business environment. Students will gain skills necessary to improve management practices and bring them into line with international best practices. In-depth studies of middle-to-top management will equip graduates with the knowledge and skills necessary to advance into higher leadership roles. They will be well-equipped to handle the ethical dilemmas that come with the new position.
Comparison
Name | MBA in Total Quality Management | BBA in Banking and Insurance |
Overview of the Course | An MBA in Total Quality Management is a postgraduate degree in management. It aims at imparting advanced learning and focuses on improving component areas of an organization. | The three-year undergraduate BBA Banking and Insurance program helps students develop their management and entrepreneurial abilities while allowing them to focus on the banking and insurance industries. |
Level | Post-Graduate | Under Graduation |
Duration | 2 years | 3 Years |
Examination Type | Semester System | Sem-based |
Eligibility Criteria | 10+2 with a 50% minimum aggregate score and a bachelor's degree | 12th with 45% |
Admission Process | Based on counseling after clearing Entrance Tests or Direct Admission in some cases. | Entrance Exam + Merit |
Average Annual Fee | INR 1.5- 3 Lakhs | INR 22,000 to INR 50,000 per year |
Average Annual Salary | INR 4 to 11 Lakhs | INR 2.5,00,000-8,00,000 |
Top Recruiting Companies | Banks, Security Agencies, Manufacturing and Construction Firms. | IBM, INNOWAR, HDFC Bank, Fidelity |
Job Opportunities | Quality Supervisor, Quality Engineer, Quality Leader, etc. | Credit and Risk Manager, Insurance Manager, Auditor, Equity Research Analyst, Loan Officer, Market Analyst, Sales Officer, Sales Manager, etc. |
Admission Process for the Course MBA in Total Quality Management
Based on the candidate's performance in a pertinent entrance exam, such as the CAT, CET, JMET, MAT, XAT, and AIMS Test for Management Admissions (ATMA), which are all held in India for admission to the course. The majority of the time, admission is granted based on the candidate's overall performance on the written exams, during the rounds of group discussions and personal interviews, and in certain situations, based on job experience.
Candidates are evaluated by a written exam in areas including verbal ability, reading comprehension, quantitative ability, and business data interpretation.
Candidate personality traits including leadership potential, grasping capacity, analytical thought process, communication skills, etc. are evaluated throughout the group discussion and interview phases.
Accepted Entrance Exams for the Course MBA in Total Quality Management
A few of the well-known entrance exams are offered in India for course admission. Each of these exams has a minimum cut-off score that must be met to be considered for the program.
Skills Required for the Course MBA in Total Quality Management
The skills required for an MBA in Total Quality Management (TQM) vary depending on the specific program, but some of the most common skills include:
Technical skills in quality management | Problem-solving and analytical skills |
Communication and interpersonal skills | Leadership and teamwork skills. |
Selection Process for the Course MBA in Total Quality Management
There are certain basic features in each school's application procedure for an MBA in Total Quality Management (TQM), albeit the process differs. The phases in the selection procedure that are most frequently used are as follows:
1. Application: Candidates are required to submit an application form together with their academic records, GMAT or GRE scores, letters of recommendation, and a personal statement.
2. Interview: A panel of teachers or administrators may interview applicants as part of the admissions process at some institutions.
3. Experience in the workplace: Some schools could favor candidates with experience in quality management or a comparable industry.
4. GPA: Most institutions demand a minimum GPA of 3.0 from candidates, however, some may have greater standards.
Qualifications for an MBA in Total Quality Management
They must possess a Bachelor's degree from an accredited university that they have completed with at least 45% overall, or possess an equivalent degree.
There are entrance exams for admittance at certain extremely reputable institutions.
Top Colleges and Fees Structure for the Course MBA in Total Quality Management
The below table gives the basic information about the top colleges that provides MBA in total quality management course along with their average annual fees:
College | Average Fees |
Indian Institute of Management - Bangalore (IIMB) | INR 17,00,000 |
Indian Institute of Management - Calcutta (IIMC) | INR 16,20,000 |
Narsee Monjee Institute of Management Studies (NMIMS) | INR 63,000 |
Symbiosis Institute of Business Management | INR 80,000 |
Birla Institute of Management Technology | INR 10,00,000 |
S P Jain Institute of Management and Research | INR 11,70,000 |
Future Scope of MBA Total Quality Management
The MBA Total Quality Management degree program focuses on improving decision-making abilities, and it takes two years to complete. After completing the program, candidates will be qualified to pursue various career opportunities. Applicants must have a college degree in the relevant field, and some reputed institutes conduct entrance exams. The Future Scope of MBA Total Quality Management depends on the candidates' aptitudes and experience.
Upon completing the course, candidates can expect to work in the fields of healthcare quality management, product quality, and language quality. They can also opt for careers as quality inspectors, assessment managers, project managers, and operations directors. They may also pursue further studies in research or education after passing the UGC-NET exams. These graduates will be eligible for management jobs in various industries, such as in the pharmaceutical and biotech industries.
Quality management is practiced in all kinds of organizations, from small to large. For this reason, you may need to travel frequently and sometimes even work overseas. To increase your chances of landing a quality management position, you should look for job vacancies on online job search portals, social media, and in the business sector. After graduation, you can also apply for membership in relevant professional bodies. These organizations will host free events and networking opportunities for graduates.
Scope for Higher Education After the Course MBA in Total Quality Management
An MBA in Total Quality Management (TQM) opens you with a wide range of choices for further education. The following are a few of the preferred choices:
1. DBA in TQM, Doctor of Business Administration This Ph.D. degree provides advanced training in the theories and practices of TQM. The typical research-focused degree program requires students to complete a dissertation.
2. The Master of Science in Quality Management (MSQM) degree offers comprehensive instruction in the technical facets of TQM. Students are often required to complete a thesis or capstone project as part of a coursework-based degree.
3. TQM certificate programs: Several certificate programs offer specialized training in particular fields of TQM, including Six Sigma or lean manufacturing. These courses might be an excellent approach to advancing your TQM knowledge and abilities without committing to a full degree program.
Career Opportunities and Job Prospects for the Course MBA in Total Quality Management
The MBA in Total Quality Management offers you career opportunities in several industries. This course involves the concept of quality control standards, planning, and audit of management systems. In addition to the coursework, there is a substantial project component to this degree. After graduation, you will be well-equipped to hold positions in quality supervision, quality engineering, and quality leadership. These positions are highly sought after in various industries, including healthcare and finance.
1. Division Head
2. Food Factory Manager
3. Quality supervisor
4. Competent engineer
5. Expert in quality control
6. Instructor
7. Lecturer
8. Researcher
9. Product Manager
10. Quality Analyst/Statistician/Quality Management Officer
Job Profiles for the Course MBA in Total Quality Management
The MBA Total Quality Management program is recognized as one of the most valuable and sought-after courses in the world, and it offers graduates the opportunity to pursue executive-level positions.
Job Role | Description |
Quality Manager | Oversees quality control processes, ensures compliance with standards, and leads quality improvement initiatives. |
Operations Manager | Manages production processes optimizes operations, and implements quality management strategies. |
Supply Chain Manager | Coordinates the flow of materials and goods, focusing on quality assurance throughout the supply chain. |
Process Improvement Specialist | The role of a process improvement specialist is to identify opportunities for process improvement and put solutions into action to increase effectiveness and quality. |
Quality Assurance Analyst | Conducts audits and inspections to ensure products and services meet quality standards. |
Six Sigma Black Belt | Leads Six Sigma projects to reduce defects and improve processes within an organization. |
Compliance Officer | Ensures that the company adheres to regulatory and quality standards, minimizing legal and financial risks. |
Consultant | Provides expertise to organizations seeking to enhance their quality management systems and practices. |
Business Analyst | Analyzes data and processes to identify areas where quality improvements can be made, leading to better business decisions. |
Employment Fields for the Course MBA in Total Quality Management
To maintain consistency and a high degree of excellence throughout all of an organization's operations, products, and services, quality management is an essential component of every business.
The following sectors' quality assurance divisions hire successful postgraduates of the program:
Business organizations | Financial institutions |
Construction companies, Ministries, manufacturing | Colleges & Universities |
Research organizations | Security Companies |
Salary for the Course MBA in Total Quality Management
These jobs have a range in pay depending on the sector, amount of expertise, and particular responsibilities. The pay for specialists in quality management is, nevertheless, competitive in general.
You can find satisfying employment in several sectors with an MBA in TQM. Organizations can benefit from your assistance in enhancing their quality, cutting expenses, and boosting client pleasure. An MBA is a wonderful way to start a career in quality management, so consider getting one.
Job Role | Average Salary (INR) |
Business Process Manager | 9 Lakhs |
Customer Service Manager | 6 Lakhs |
Project Manager | 8 Lakhs |
Operations Manager | 10 Lakhs |
Supply Chain Manager | 9 Lakhs |
Data Analyst | 7 Lakhs |
Information Technology (IT) Manager | 11 Lakhs |
Human Resources (HR) Manager | 8 Lakhs |
Safety Manager | 7 Lakhs |
Environmental Manager | 7.5 Lakhs |
Skills that make you a good employee after the Course MBA in Total Quality Management
1. Strategic thinking skills
2. Data analysis skills
3. Project management skills
4. Continuous learning skills
FAQS
In terms of TQM, what is an MBA?
Total quality management's ideas and practices are the main topics of the MBA in TQM, a Master of Business Administration degree. It's intended to educate students for employment in quality management, including Six Sigma, quality engineering, and quality assurance.
What is the price of an MBA in TQM?
Depending on the institution, an MBA in TQM might cost anywhere between INR 10 lakhs and INR 20 lakhs.
What advantages come from pursuing an MBA in TQM?
You can gain the following advantages by earning an MBA in TQM:
- The ability to network with other quality management experts.
- A solid foundation in the concepts and practices of quality management.
- The abilities and knowledge you need to enhance the quality of goods and services.
- The chance to work on projects and internships to obtain practical experience in quality management. the chance to have a lucrative profession and earn big pay.
How can I get ready for the MBA in TQM?
You can undertake the following to be ready for your MBA in TQM:
- Obtain job experience in quality management or a similar sector. Take statistics, problem-solving, and quality management courses.
- Establish contacts with experts in quality management.
- Prepare for the GRE or GMAT
What are the chances for an MBA in TQM in the future?
The MBA in TQM has promising future potential. As companies put more emphasis on enhancing the quality of their goods and services in the upcoming years, there will likely be an increase in demand for quality management specialists.
What difficulties may an MBA in TQM present?
Among the difficulties of pursuing an MBA in TQM are:
The competitiveness for employment in quality management; the challenging coursework; the requirement to stay current with the newest developments in quality management.
What are the chances for an MBA in TQM in the future?
The MBA in TQM has promising future potential. As companies put more emphasis on enhancing the quality of their goods and services in the upcoming years, there will likely be an increase in demand for quality management specialists.
How can I locate the best MBA in the TQM program for me?
Several factors should be taken into account when selecting an MBA in the TQM program:
1. The school's standing
2. The program's curriculum
3. The faculty
4. The program's faculty
5. The program's location
6. The program's cost.