Graduate Diploma in Materials Management - Indian Institute of Materials Management (IIMM, Mumbai)

  • Years 2 Years
  • Type Course Diploma
  • stream Management
  • Delivery Mode

(1). About the Course

A Material Management diploma teaches stock control for commercial and production companies. The application calls for a Class 12 pass from a recognized board. A diploma guides the ultimate three years, relying on the school. A Graduate Diploma in Materials Management offers the planning, organization, and delivery of materials. Many one-of-a-kind elements of the fabric global can be vital to be taught. Besides fabric engineering, substance control is likewise very vital to attend to those fabric factors in detail. This is why this degree has unique substances guides in it concerning the control of this place too.

Materials Management is the grouping of control capabilities that help the float of substances from buying and manufacturing of substances to the making plans and managing of labor in method to the warehousing, shipping, and distribution of the completed product. Materials Management entails stock management, cost analysis, storekeeping, maintenance, and renovation of the inventories in hand and process.

The purpose of material control is to deliver a non-stop chain of production-associated additives so that matters can be produced and brought to customers on time. Materials control targets to assure seamless outflow and the influx of substances whilst decreasing warehouse inventory levels. Materials control additionally refers to creating the highest quality use of the to-be-had resources. It is a specialization in MBA, PGDM, and BBA provided through a number of the chosen institutes in India. The path has the finest call for inside the production enterprise proper now because it paperwork is the mainstay of the commercial enterprise within the Materials Management field.

The special topics that encompass this degree encompass control principles, logistics, delivery chain control, Packaging distribution management, studies methodology, buying management, enterprise economics, and lots of different subjects, etc. Depending on activity kind and skill, the common profits bundle is INR 3,00,000–5,00,000 in step with the year. Material control plans, organize, and manipulate manufacturing, production, storage, and transportation of materials.

Course Highlights

Given below are a few of the important highlights of the GDMM program:

Particulars Value
Course Name Graduate Diploma in Materials Management
Course Level Graduate Diploma
Course Duration 2-3 years
Eligibility Criteria A candidate must have passed class 12th from a recognized university with 45% marks
Average Annual Fees INR 20,000-1,00,000
Average Annual Salary INR 1,00,000-5,00,000
Admission Process Merit-Based
Job Profile Research Associate, Purchase Manager, Material Handler, etc.

Why study Graduate Diploma in Materials Management?

(i). A degree in Materials Management covers critical elements that are manufacturing, engineering, and additionally finance.
(ii). This path makes a specialty of the topics which comply with the observation of categorizing nice substances which might be essential for the production of widespread products.
(iii). Material Management is an intensive course that enhances an individual’s man or woman and the candidate requires to be targeted at the course of the subject.

This course isn't to be had in all colleges/universities, only a few universities provide this path, and college students want to study which college is pleasant and offers all help to the scholars that are vital for academic growth.

(2). Admission Process

The admission procedure for a Graduate Diploma in material management varies from one college to another, while a few schools deliver direct admission thinking about the ratings of commencement and there are numerous different schools wherein applicants have to appear for either the common entrance exams or university/college’s entrance exam followed by counseling and personal interviews.

Types of Graduate Diploma in Materials Management Course

Graduate diploma courses in Materials Management in India can vary in duration based on the institute and the specific program. Here are some common types of graduate diploma courses in Materials Management in India based on course duration:

(1). One-Year Graduate Diploma

Some institutes offer a one-year graduate diploma course in Materials Management. This type of program provides an intensive curriculum that covers the essential aspects of materials management within a shorter time frame. It is suitable for individuals who want to acquire specialized knowledge and skills in a shorter duration.

(2). Two-Year Graduate Diploma

Many institutes offer a two-year graduate diploma course in Materials Management. This program provides a more comprehensive curriculum that allows students to delve deeper into the subject. It covers a wide range of topics related to materials management, including procurement, inventory management, logistics, supply chain management, and quality control.

(3). Part-Time/Weekend Graduate Diploma

Some institutes offer part-time or weekend graduate diploma courses in Materials Management. These programs are designed for working professionals who want to enhance their skills while continuing to work. The course duration for part-time or weekend programs may vary, typically ranging from 1.5 to 2 years, allowing students to balance their work and study commitments.

(4). Online Graduate Diploma

With the increasing popularity of online education, there are online graduate diploma courses available in Materials Management. These programs provide flexibility in terms of course duration, allowing students to learn at their own pace. The duration of online graduate diploma courses can vary depending on the institute and the program structure.

Eligibility Criteria

Interested candidates who want to sign up for the fabric control enterprise have to finish their schooling in that sector. For admission to the substance control direction, applicants need to need to healthy eligibility standards in line with the institution.

(i). The Applicants have to entire their 10+2 from a diagnosed board and gain a minimal 45-50 percentage marks in examinations.
(ii). If a few aspirants have any other diploma associated with the Diploma in substances management, they can follow this course.
(iii). Admission is completely primarily based totally at the benefit score.
(iv). There are age standards for this course.

Admission Process

Step 1- Select your Course for Certification.
Step 2- Click on Enroll Now.
Step 3- Proceed to Enroll Now.
Step 4- Fill out Your Billing Details and Proceed to Pay.
Step 5- You Will be Redirected to the Payment Gateway, Pay Course, and Exam Fee via way of means of Following the Options. Card(Debit/Credit), Wallet, Paytm, Net banking, UPI, and Google Pay.
Step 6- After Payment, You will acquire Study Material in your e-mail id.

Accepted Entrance Exams

Here are some commonly recognized entrance exams for graduate diploma programs in materials management:

MAT CAT
XAT CMAT
MAH-CET KMAT

Skills Required

Apart from the given technical competencies, recruiters additionally search for a fixed of competencies amongst aspiring candidates. For you to face out and grasp a recruiter’s attention, you ought to be very well professional in the following areas:

Management Skills Stress Management
Analytical Project Management
Problem-solving Skills Confidence and People Skills
Negotiation and Communication Technical Skills

Fee Structure

Graduate Diploma in Materials Management fees is not set in stone and is determined by various factors. Location, faculty, demand, infrastructure, and the resources offered to students are all factors that influence Graduate Diploma prices. The average fee may range from around INR 20,000-32,000.

Name of College Average Fee
Indian Institute of Materials Management, Pune INR 43,550
Indian Institute of Materials Management, Kolkata INR 45,000
MIT School of Distance Education, Pune INR 35,000
Indian Institute of Materials Management, Mumbai INR 47,150

Selection Criteria

Once the student's utility is accepted, primarily based totally at the college, there may be a very last spherical of institution dialogue or private interview earlier than an affirmation of admission. Graduate Diploma course information can be accessed by students by visiting the official site of the college they are interested in.

(3). Course Comparison

Graduate Diploma in Materials Management v/s PG Diploma in Material Management

The table below showcases the differences between Graduate Diploma in Materials Management and PG Diploma in Material Management:

Parameters GD in Materials Management PG Diploma in Material Management
Course Name Graduate Diploma in Materials Management Post Graduate Diploma in Material Management
Course Overview A Material Management diploma teaches stock control for commercial and production companies. The application calls for a Class 12 pass from a recognized board. A diploma guides the ultimate three years, relying on the school. A Graduate Diploma in Materials Management offers the planning, organization, and delivery of materials. The Postgraduate Diploma in Material Management is a two- to three-year postgraduate program that can be completed full-time or by distance education. It allows qualified applicants to specialize in a broad variety of management abilities while also developing proficiency in a specific business field.
Course Duration 2-3 year 2 years
Eligibility Criteria A candidate must have passed class 12th from a recognized university with 45% marks Bachelor's Degree in relevant field with 60% aggregate
Average Annual Fees INR 20,000-1,00,000 INR 2,000-1,80,000
Average Annual Salary INR 1,00,000-5,00,000 INR 5,00,000-10,00,000
Top Colleges IIMM, MIT School of distance education MIT School of Distance Education, Indian Institute of Materials Management
Job Profiles Research Associate, Purchase Manager Supply Chain Manager, Warehouse manager, purchase manager, strategic planner, material analyst, material manager, commodity manager, etc.

Read More: PGD in Materials Management

(4). Top Colleges

Here are some top colleges in India that offer Graduate Diploma courses in Materials Management, along with their locations and approximate fees. Please note that the fees mentioned are approximate and can vary. It's advisable to visit the respective college websites or contact them directly for the most accurate and up-to-date fee information.

Name of College Average Annual Fee(INR) Location
Indian Institute of Materials Management (IIMM) INR 30,000-60,000 Mumbai, Chennai, Kolkata, and Delhi
Institute of Supply Chain Management (ISCM) INR 40,000-50,000. Mumbai, Pune, Chennai, Bangalore, Kolkata, and Delhi
Indian Institute of Materials Management Studies (IIMMS) INR 35,000-45,000 Chennai
National Institute of Business Management (NIBM) INR 20,000-30,000 Pune
National Institute of Business Management (NIBM) INR 25,000-30,000 Chennai
International Institute of Business Studies (IIBS) INR 60,000-80,000 Bangalore, Kolkata, Noida
Symbiosis Institute of Operations Management (SIOM) INR 80,000-90,000 Nashik
Symbiosis Centre for Distance Learning (SCDL) INR 35,000-40,000 Pune
National Institute of Management Studies (NIMS) INR 30,000-40,000 Chennai

Note: Please word that the costs referred to above are approximate and can range primarily based totally on factors such as the program duration, infrastructure, and additional facilities provided by the colleges. It is really helpful to go to the respective websites of the respective faculties for targeted and correct price information.

(5). Job & Placements

After the completion of the postgraduate diploma in Material Management, there are ample career options that open up for the candidates. There are attractive pay packages in both the private and public sectors.

Job Profiles

Some of the job profiles are mentioned below:         

Job Profile Job Description
Materials Manager As a Materials Manager, you will be responsible for overseeing the procurement, inventory management, and supply chain operations within an organization. You will ensure the availability of materials, optimize inventory levels, manage suppliers, and coordinate with different departments to meet production and operational requirements.
Logistics and Supply Chain Manager With a focus on materials management, you can pursue a career as a Logistics and Supply Chain Manager. In this role, you will manage the flow of goods, information, and resources across the supply chain, ensuring timely delivery, efficient distribution, and cost-effective logistics operations.
Procurement Manager As a Procurement Manager, you will be responsible for sourcing and procuring materials, negotiating contracts with suppliers, and ensuring the timely delivery of goods at the best possible prices. You will analyze market trends, evaluate supplier performance, and develop strategies to optimize the procurement process.
Inventory Control Manager As an Inventory Control Manager, you will be responsible for managing and optimizing inventory levels, conducting inventory analysis, implementing inventory control policies and procedures, and ensuring accuracy in stock records. You will focus on minimizing stock-outs, reducing excess inventory, and improving inventory turnover.
Warehouse Manager With expertise in materials management, you can pursue a career as a Warehouse Manager. In this role, you will oversee warehouse operations, including receiving, storage, order fulfillment, and distribution. You will ensure efficient utilization of space, accurate inventory management, and adherence to safety and quality standards.
Supply Chain Analyst As a Supply Chain Analyst, you will analyze supply chain data, identify trends and patterns, and provide insights and recommendations to optimize supply chain operations. You will use analytical tools and techniques to improve forecasting accuracy, enhance demand planning, and streamline materials management processes.
Operations Manager With a specialization in materials management, you can work as an Operations Manager, overseeing the overall operations of a company. You will manage production planning, materials procurement, inventory control, and logistics to ensure smooth and efficient operations.
Consultant You can also work as a consultant, providing expertise in materials management and supply chain optimization to organizations. As a consultant, you will analyze existing processes, identify areas for improvement, and provide recommendations to enhance efficiency, reduce costs, and improve overall supply chain performance.

Top Recruiters

There are many pinnacles product-primarily based totally businesses that rent fabric control specialists to control their products. Because they have a bulk of orders and lots of merchandise to manage. Some pinnacle groups that lease those experts are:

ITC  Amazon  Idea
Marico Coca Cola Pepsico
P & G Flipkart  Reliance
Future group  Hindustan Unilever Samsung 
IBM whirlpool TATA Group 

Employment Areas

Some employment areas are as under:

(i). Defense
(ii). Railways
(iii). Public Transportation
(iv). Academic Institutions
(v). Corporate Houses
(vi). Supply Chain Industries

Average Salary

After the completion of the Diploma in Materials Management course, the student can get admitted into any industry or a collar job. The entry-stage profits are between INR 3,00,000-5,00,000 PA. After gaining a great revel in inside the equal field, you'll be able to get promotions, appraisals, and profits increments, relying on their performance. They also can transfer jobs and might work with higher organizations. Candidates will even get different allowances from the organizations.

Job Role Average Annual Salary(INR)
Warehousing Manager Rs. 5,00,000-7,00,000
Sourcing Manager Rs. 8,00,000-10,00,000
Materials Analyst Rs. 4,00,000-7,00,000
Strategic Planner Rs. 7,00,000-10,00,000
Purchase Manager Rs. 3,00,000-7,00,000

(6). Career/Scope

A Diploma in Material Management is one of the maximum complete publications provided in India today. It is plain that this type of machine gives the same possibilities in each of the non-public and public sectors in phrases of employment. In cloth management, there are numerous sorts of substances that can be planned, controlled, and saved in numerous ways. As some distance as reimbursement shape is concerned, there may be a beneficial one, and there are various professional possibilities to be had in lots of exclusive fields.

Career options after Graduate Diploma in Material Management

After completing a Graduate Diploma in Materials Management in India, you can explore various career options in the field of materials management and related industries. Here are some career paths you can consider:

(i). Supply Chain manager
(ii). Warehouse manager
(iii). Purchase Manager
(iv). Strategic Planner
(v). Material Analyst
(vi). material manager
(vi). Commodity Manager
(vii). Sourcing Manager

Scope for Higher Education

After completing a Graduate Diploma in Materials Management in India, you have various options for further higher education to enhance your knowledge and career prospects. Here are some options you can consider:

(i). MBA
(ii). Postgraduate Diploma in Supply Chain Management
(iii). Certification Programs
(iv). Ph.D. Programs

Skills that make you the Best Graduate Diploma in Material Management Graduate

There are many complex and soft skills that Graduate Diploma in Material Management graduates need to possess to succeed in their careers. These aren't always abilities that scholars can get in a lecture room setting. Instead, those are abilities that might be discovered via experience. Therefore, college students need to be constantly placed in the attempt to exit their consolation sector and benefit as lots revel in as possible. Some of these skills include:

(i). Interpersonal Skills
(ii). Quantitative Analysis Skills
(iii). Research Skills
(iv). Analytical Skills
(v). The Ability to Work Under Pressure

(7). FAQs

(1). What is Material management?

Ans. Material management is a function of management that deals with inventory management, value analysis, storekeeping, and maintenance of inventory at hand and as well as which is under process.

(2). What is a Graduate Diploma in material management all about?

Ans. The graduate diploma in Material Management is a 2-3 year postgraduate level course, where the candidates are taught subjects Like ideas of control and organizational behavior, packing and distribution control, general nice control(TQM), Quantitative strategies for control, managerial economics, company communication, strategic control, and human useful resource control with a view to provide them a holistic understanding of ways matters are.

(3). What is the basic qualification for this Diploma in material management course?

Ans. Generally, Students have to pass their 12th class through recognized institutes.

(4). What is the average fee for Diploma in Materials Management?

Ans. The average fee for the diploma is range between 20,000-32,000 per year.

(5). What is the highest salary after a Diploma in material management?

Ans. The highest salary is Rs. 5,00,000 PA after this Diploma in Textile Technology.

(6). What are the career options after pursuing the graduate diploma in material management course?

Ans. After the final touch of the route, the applicants can both circulate the ladder in their present jobs or make a shift in the profession and select to grow to be Supply Chain manager, Warehouse manager, buying Manager, strategic planner, cloth analyst, cloth manager, commodity manager, sourcing managers in keeping with their place of specialization and interest.

(7). Do big brands hire people with a postgraduate diploma in material management?

Ans. Yes! Big manufacturers like Hindustan Unilever, Pepsico, ITC, Marico, TATA group, Reliance, Future Group, coca cola, Samsung, Whirlpool, Idea, IBM, and P&G prefer to hire professionals with a post-graduate diploma in material management.

(8). What is the scope of material management?

Ans. There is a very wide scope in private as well as in public organizations. Interested Candidates can work in job profiles like Research Associate, Material Science Manager, Material Scientist

(9). What are the benefits of materials management?

Ans. Materials Management is useful in the areas of bulk materials surplus, manpower management, labor productivity, and more. Management also deals with an adequate supply of materials as and when required for the smooth production process and prevents overstocking and understocking of materials.

(10). Can Students pursue a PG diploma in material management after the 12th?

Ans. No, Students cannot pursue a PG diploma in material management after the 12th. Graduation is a must pursue PG Diploma in Material Management.

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