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

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

About the Course

Materials are one of the fastest-growing industries in India. The reason for this rapid growth is the scarcity of invaluable resources for a growing population. Therefore, tracking PGDM in materials management opens up various opportunities to work with high packages in both the public and private sectors. A materials management professional's primary responsibilities are to plan purchasing procedures, manage supplies as needed, and standardize procedures. This work aims to achieve a reasonable return on investment through sensible and responsible material management that ensures a reduction in overall expenditure and input resources.

The Materials Management course offers great opportunities in a variety of business areas and provides practical value for a certified and competent professional. This field is open to deserving candidates in the fields of supply chain management and materials management. This course will allow you to expand your knowledge and gain more meaningful career options.

PG Diploma in Material Management is created for the students/ learners to offer information regarding business insight through the advanced study of various subjects like inventory management, stock management, supply chain management, purchasing, and delivery management to acquire information in practical work.

The Postgraduate Diploma in Material Management is a two- to a 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. The full-time course lasts three years, whereas the online course lasts three years.

PG Diploma in Material Management subjects is focused on developing an idea about Human Resource Management, Project Management, Inventory Management, Entrepreneurship, etc. PG Diploma in Material Management job scope is vast and offers opportunities in various fields in both private and public sectors. This course falls under the umbrella of the Postgraduate Diploma.

To be considered for the course, an applicant must have earned a bachelor’s degree or a diploma in a relevant discipline from a recognized academic institution. The students are required to pass one of the entrance examinations such as CMAT, XAT, or others in order to be considered for a postgraduate diploma in material management. Fundamentals of industrial and organizational psychology, packing and dispersion management, total quality management (TQM), mathematical approaches for management, being involved in business, communication processes, strategic management, and human resource management are some of the significant topics covered in a postgraduate diploma in material management curriculum.

Course Highlights

Given below are a few of the important highlights of the PGDMM program.

Particulars Value
Course Name Post Graduate Diploma in Materials Management
Course Level PG Diploma
Course Duration 2-3 years
Eligibility Criteria successful completion of graduation degree or diploma from a recognized university with a minimum of 60% score
Examination Type Semester based
Age Limit No specific age limit
Admission Process Entrance Exam and Merit Based
Entrance Exam CAT, XAT, GMAT, CMAT
Average Annual Fees INR 25,000-90,000
Average Annual Salary INR 5,00,000-10,00,000
Similar Course Options of Study Bachelor in Materials Management, etc.
Study Mode Distance Education/ Online/ Correspondence
Employment Area Fast Moving Consumer Goods (FMCG), Manufacturing, Export, and Import, Retail
Top Recruiters Hindustan Unilever, Pepsico, ITC, Marico, TATA group, Reliance, Future Group, coca cola, Samsung, Whirlpool, Idea, IBM, P&G
Job Profiles Supply Chain Manager, Warehouse manager, purchase manager, strategic planner, material analyst, material manager, commodity manager, sourcing manager, Procurement Manager, Strategic Manager, Inventory Manager, etc.

Why Study Post Graduate Diploma in Material Management?

The postgraduate diploma in Material Management has become one of the most promising courses because of the following reason:

(i). It opens up great career opportunities in the management functions related to stock management, inventory management, demand and supply chain management, and delivery management.
(ii). It has lucrative pay in both public and private sector organizations
(iii). On successful completion of the postgraduate diploma in material management, the
candidates can move up the career ladder or can also switch careers easily in the field of manufacturing and material management.
(iv). As the manufacturing industry is supposed to rise worldwide, there is demand for people who can handle supply chains tremendously. This has increased the need for material managers who can move products in a smooth manner along with cutting costs short.

(2). Admission Process

The admissions process for a postgraduate diploma in Materials Management program varies by university, while some colleges offer direct admission based on merit and there are many other colleges that require applicants to apply for joint entrance exams or for college/university entrance. Examination, follow-up consultation, and personal discussions.

Types of Post-Graduate Diploma in Material Management Courses

Aspirants can pursue the PG Diploma in Material Management path in the full-time or part-time mode. Below are the sorts of PG Diploma in Material Management publications in detail:

(1). Distance

PG Diploma in Material Management through distance education is designed for students who cannot afford to attend classes on-campus or those engaged in some form of employment and cannot take time out to pursue a full-time course.

(2). Full-Time

The full-time PG Diploma in Material Management course is typically for 1 year, during which students will have to attend classes in person, submit assignments, and write their exams on campus.

(3). Part-Time

The part-time PG Diploma in Material Management course is designed for students who cannot attend regular classes. Part-time courses either entail weekend or night classes or online classes, depending on the type of course.

Eligibility Criteria

The following are the minimal requirements for students wishing to pursue a post-graduate diploma in material management:

(i). The student should have finished their 10+2 from an accredited institution that is associated with a central or state board in any discipline of science, commerce, or humanities.
(ii). The student should have properly completed their bachelor’s degree in any stream from a recognized university.
(iii). The student should have received an aggregate score of 50 percent marks on their most recent assessment test.
(iv). Students who have completed the college’s own admission test or the national entrance examination are eligible.

Besides these, eligibility requirements may differ from one institution to the next, and students must satisfy the above requirements in order to be admitted to the institution.

Admission process

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:

(i). AIMS Test for Management Admission (ATMA)
(ii). Common Admission Test (CAT)
(iii). Management Aptitude Test (MAT)
(iv). Xavier Aptitude Test (XAT)
(v). Graduate Management Admission Test (GMAT)
(vi). 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.

Accepted Entrance Exams

Entrance exams are a common and popular means for some colleges to have a screening to decide which student must be admitted to the course. Many popular colleges around the country have made a name for themselves by conducting internationally acclaimed research projects.

These colleges often conduct entrance exams, as the demand to enter these colleges is higher than the number of seats available. Listed below are some of the popular exams:

XAT NMIMS NPAT NPAT
CMAT GMAT GATE
SNAP ATMA MAT
NMAT CAT

Skills Required

The PGDMM professional needs to have different skills to work well in the organization. Some of the skills include:

Time Management Skills Efficient clerical skills Communication Skills
Confident Negotiation skills HRM Knowledge and Expertise
Friendly personality The desire to collaborate Analytical and Problem-Solving Skills
Good Planning skills Good listening skills Quantitative Analysis Skills
Empathetic Good questioning skills Technical Skills
Strong people skills Teamwork A team player
Attention to details Employee Relations Highly organized
Research Skills The Ability to Work Under Pressure Interpersonal Skills
Other Skills

Fee Structure

The PG Diploma in Material Management course fee is not fixed and depends on many factors. Some of the factors which affect the PG Diploma in Material Management fees embody location, faculty, demand, infrastructure, and the facilities available to the students. The average PG Diploma in Material Management fee in India is around INR 25,000-1,80,000.

Name of College Average Annual Fee(INR)
IIMM, Delhi INR 33,350
CATS Bangalore INR 1,45,500
MIT School of Distance Education INR 27,000
Indian Institute of Materials Management INR 45,000

Selection Criteria

The final selection of candidates is typically made by colleges based on the candidates' entrance exam scores after their applications for the course are received. Additionally, the benefit received through the applicants of their undergraduate ranges additionally performs a crucial role.

(3). Course Comparison

PG Diploma in Material Management v/s MBA in Material Management

PG Diploma in Material Management stands for Post Graduate Diploma in Material Management and is typically catered to students interested in and inclined toward Computer Management. The table below showcases the differences between PG Diploma in Material Management and MBA in Material Management:

Parameters PG Diploma in Material Management MBA in Material Management
Course Name Post Graduate Diploma in Material Management Master of Business Administration in Materials Management
Course Overview The Postgraduate Diploma in Material Management is a two- to a 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. MBA in Material Management is a two-year postgraduate control direction that offers the designs and plans for collecting, distributing, storing, and handing over uncooked substances and services. MBA in Material Management graduates have excessive task possibilities inside the IT, vehicle, and retail control sectors.
Course Duration 2 years 2 years
Course Stream Commerce Commerce
Eligibility Criteria Bachelor's Degree in relevant field with 60% aggregate Bachelor's Degree in a relevant field with 50% aggregate
Average Annual Fees INR 2,000-1,80,000 INR 50,000-10,00,000
Average Annual Salary INR 5,00,000-10,00,000 INR 5,00,000-15,00,000
Entrance Exams CAT, XAT, CMAT, GMAT CAT, MAT, XAT, GMAT
Top Colleges MIT School of Distance Education, Indian Institute of Materials Management IIM Bangalore, IIM Ahmedabad, IIM Kolkata
Job Profiles Supply Chain Manager, Warehouse manager, purchase manager, strategic planner, material analyst, material manager, commodity manager, etc. Purchasing Manager, Supply Chain Manager, Quality Manager, Logistics, Inventory Manager, Materials Manager, Materials Supervisor, etc.

(4). Top Colleges

Below is the list of the PG Diploma in Material Management Colleges in the country:

Name of College Average Annual Fee(INR) Location
Indian Institute of Materials Management INR 45,000 Bangalore
MIT School of Distance Education INR 50,000 Pune
Indian Institute of Materials Management INR 47,150 Ahmedabad
Acton Business School - ABS INR 50,000 Maharashtra
Indian Institute of Materials Management INR 43,550 Delhi
College of Vocational Studies INR 12,830 Delhi
CATS INR 1,45,000 Bangalore
Amity University Online INR 64,900 Noida
Indian Institute of Materials Management INR 45,000 Mumbai
MIT School of Distance Education INR 50,000 Kolkata
The School of Business Logistics INR 2,00,000 Chennai
MIT School of Distance Education INR 27,000 Dalhousie
Indian School of Business Management and Administration INR 43,550 Delhi
Sankalp Business School INR 1,00,000 Pune
ADN Institute of Paramedical Science and Hospitals INR 46,400 Maharashtra
Annamalai University INR 57,050 Tamil Nadu
Bir Tikendrajit University INR 1,60,000 Manipur
College of Materials Management - CMM INR INR 30,000-80,000 Madhya Pradesh
Birsa Munda Tribal University INR 1,50,000 Gujarat
Brilliant Education INR 35,000 Gujarat
Delhi Degree College - DDC INR 38,000 Faridabad
Delhi Degree College - DDC INR 40,000 New Delhi
H.B. Institute of Communication and Management - HBICM INR 32,107 Ahmedabad
Indian Institute of Commerce and Trade - IICT INR 32,079 Lucknow
Indian Institute of Materials Management - IIMM INR 79,900 Aurangabad
Indian Institute of Materials Management - IIMM INR 75,000 Bharuch
Institute for Working Professionals - IWP INR 45,000 Mumbai
Kalyan Post Graduate College - Kalyan Mahavidyalaya INR 16,590 Chhattisgarh
University of Mumbai INR 44,898 Maharashtra
Winsoft Technologies INR 1,00,000 New Delhi
Venkateshwara Open University - VOU INR 38,000 Arunachal Pradesh
Saga Institute of Management Studies - SIMS INR 50,000 Kerala

(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

Candidates can better understand their career goals and aspirations with the aid of job descriptions and profiles. An excellent job description outlines the requirements and responsibilities of the position for potential candidates. Below are some significant job roles and profiles.

Job profile Job Description
Materials Analyst A Materials Analyst performs various duties for a firm. He/she has to ensure that the company’s inventory is up to date. And also, those materials are distributed on behalf of the company for the smooth flow of goods in the supply chain by materials analysts.
Warehousing Manager A Warehousing Manager is accountable for overseeing the warehousing and distribution operations. Implementing operational regulations and procedures, making sure the powerful and secure use of warehouse equipment.
Commodity Manager Needs to take care of the specific product of the stock, which is part of the larger supply chain operation of the organization.
Sourcing Manager A Sourcing Manager is responsible for analyzing strategic sourcing and directing procurement expenditure. He/she also develops sourcing policies and creates cost estimates and forecasts.
Supply Chain manager From the acquisition of the company’s uncooked assets to its crowning glory stage, supervises and regulates every section of the manufacturing cycle for green functioning. They are in rate of logistics and stock management.
Purchase Manager The buy manager’s responsibilities include developing and implementing daily purchasing plans, supervising workers, and allocating tasks. They also ensure that vendor information is maintained and that relationships with them are maintained.
Strategic Planner A Strategic Planner works to form the company’s commercial enterprise strategy. They plan and examine a company’s performance. Research and information evaluation to tell enterprise selections are performed via way of means of a strategic planner.
Material manager The materials manager’s task is to keep track of every detail that occurs during the procurement management process. They ensure that all actions are conducted in accordance with the standards set by the clients.
Procurement Manager A Procurement Manager is a supply chain and logistics professional specializing in ensuring cost-effective purchasing of all materials and services.

Top Recruiters

Top recruiters for Materials Management are leading global firms, manufacturing industries, shipping, corporate companies, and many more. Names of a few top recruiters are as follows:

Philps L & T HCL Accenture
R Systems Maersk Group Hindustan Unilever Alstom
Reliance Marico  Honda Amazon 
Samsung  P&G HSBC ANI
Shell Pepsi IBM  Coca Cola 
Stagen Pepsico  Idea Cellular Services CTS
TATA Group  Wipro IFC Flipkart 
whirlpool  Zenith computers Infocomm Future group 
 ITC  ACC Limited Global Services Godrej
Infosys ITC 

Employment Areas

There is a large scope of PG Diploma in Material Management jobs for graduates in both the private and public sectors. After PG Diploma in Material Management graduation students pursuing a PG Diploma in Material Management course are not limited to their specific areas resulting in a vast job. With many specializations, the PG Diploma in Material Management course is an all-around course.

Concerning the previous academic background and the personal choice and the ability of the student towards a particular program, there exists an appropriate plan for almost every candidate opting for the PG Diploma in Material Management course. Some of the areas of recruitment are:

(i). Packaging Industry
(ii). Import and Export Trade
(iii). Food Industry
(iv). Logistics
(v). Industries
(vi). IT Companies
(vii). Automobiles
(viii). Shipping Industry

Average Salary

The PG Diploma in Material Management salary for the graduates can differ according to the specialization that the aspirants decide to pursue. Other factors which can affect PG Diploma in Material Management salary in India include experience, location, and specialization. Graduates can boom their revenue via way of means of doing internships and painting placements as it'd upload to their experiences.

The average PG Diploma in Material Management salary for graduates is around INR 3,65,000-20,00,000. The table below shows the salary breakdown of PG Diploma in Material Management graduates in India:

Salary Level Salary Amount
Lowest Salary INR 3,65,000
Average Salary INR 9,47,000
Highest Salary INR 20,00,000

Below is a list of the common job descriptions that are available, along with an estimate of their respective annual salary levels. The amount below is an approximation; actual packages vary based on a range of factors, including the candidate's qualifications and work experience.

Job Role Average Annual Salary(INR)
Inventory Manager Rs. 3,48,000
Supply Chain Manager Rs. 9,00,000
Procurement Manager Rs. 10,06,000
Commodity Manager Rs. 13,61,000
Material Manager Rs. 9,47,000
Warehousing Manager Rs. 5,00,000-7,00,000
Sourcing Manager Rs. 8,00,000-10,00,000

(6). Career/Scope

PG diploma in Material Management is one of the most versatile degree programs, not only in terms of job opportunities in different fields but also in terms of the scope of higher education available to graduates. Depending on the chosen specialization PG Diploma in Material Management, the student will find a suitable job in his field or find an adequate orientation to continue his studies. The GUT Diploma in Materials Management is quite broad, regardless of whether the graduate chooses to work or further study.

Scope of Materials Management in India and Abroad

Students with manufacturing experience can learn materials management and logistics techniques and apply them to their daily operations. The previous point concerns higher education. Undergraduate programs require a basic understanding of materials management, and candidates interested in manufacturing and shipping are best suited for this major. Materials management is one of the most common career paths with a future. The quarry's ultimate goal is to protect the environment and ensure only what is necessary is used, leaving the rest for 's sustainable future.

The public and commercial sectors offer a wide range of employment opportunities. These people are needed in business. Material managers ensure that the supply chain runs smoothly. Material planning and control, purchasing, storage, and inventory management are central topics in materials management. The average salary of a materials management specialist is around Rs.8-9 lakhs per year (approx).

This is a promising career option as there are many job opportunities in materials management. The cost component of the total cost of the product should be the smallest. In order to control this material management expert, efforts are made to ensure that this material management control professional is employed on a large scale.

Career options after PG Diploma in Material Management

There are a number of employment domains that PG Diploma in Material Management graduates can join immediately after graduation. PG Diploma in Material Management is one of the most diverse courses in terms of employment opportunities for graduates. The list of career opportunities available to PG Diploma in Material Management graduates is as follows:

(1). Purchase Manager

 Their main responsibility is to design, plan and implement different purchasing strategies. They are looking for reliable vendors and suppliers to provide quality goods at reasonable prices, making negotiation with prices and contracts, review technical specifications of different raw materials, etc.

(2). Logistics Manager

 These professionals are given the responsibility to plan and forecast the logistics strategy for the concerned company or organization and the client or customer with whom the consignment is in progress.

(3). Supply Chain Manager

Their area of work involves the finishing of the end-to-end processes involved. They should also plan and implement effective and efficient strategies for the company.

(4). Inventory Manager

They are assigned the duty to maintain the full list of details in regard to the retail stocks and raw materials.

(5). Warehouse Operation Manager

These managers are given the role to handle commercials, coordinating with the industrial distribution centers as well as managing the cost including facilitation.

Scope of PG Diploma in Material Management for Higher Education

Students can pursue many specializations under PG Diploma in Material Management. There also are many better take a look at alternatives to be had for graduate college students after a PG Diploma in Material Management degree, which can help them better understand the subject.  Also, gaining more education can help students pursue a career in research if they are interested in it.

Listed below are some of the popular higher education options available for students:

(i). MBA
(ii). Ph.D

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

There are many complex and soft skills that PG 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). Analytical Skills
(ii). The Ability to Work Under Pressure
(iii). Interpersonal Skills
(iv). Quantitative Analysis Skills
(v). Research Skills

(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 Post diploma in material management?

Ans. The postgraduate diploma in Material Management is a 2-3 year postgraduate level course, where the candidates are taught subjects like principles of management and organizational behavior, packing and distribution management, total quality management(TQM), Quantitative techniques for management, managerial economics, corporate communication, strategic management, and human resource management in order to give them a holistic knowledge of how things are done.

(3). What are the other entrance exams except for CAT for admission to a postgraduate diploma in material management?
Ans. To enroll in the postgraduate diploma in material management the candidate has to pass the entrance exam. Common Entrance exams other than CAT are XAT, CMAT, etc while there are some reputed colleges that conduct their own entrance exams.

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

Ans. After completion of the course, the candidates can either move the ladder of their existing jobs or make a shift in career and choose to become Supply Chain manager, Warehouse manager, purchase manager, strategic planner, material analyst, material manager, commodity manager, sourcing managers per their area of specialization and interest.

(5). What is the average salary for someone with a postgraduate diploma in material management?

Ans. Depending on the work type and expertise of the individual, the starting salary varies from INR 4,00,000 to INR 10,00,000.

(6). What are the sectors recruiting candidates who have successfully completed their postgraduate diploma in material management?

Ans. Sectors like manufacturing, Fast moving consumer goods (FMCG), Exports and Imports, and others having huge stock management have high requirements for candidates with postgraduate diplomas in material management.

(7).   Do big brands hire people with postgraduate diplomas 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 post-graduate diplomas in material management.

(8).  Is there a difference between an MBA in Material Management and a Post Graduate Diploma in Material Management?
Ans. MBA is a two-year full-time program, and the postgraduate diploma is a two- to a three-year program that can be completed full-time or part-time depending on the student’s needs and desires.

(9).   What is a better MBA in material management or Post graduate diploma in material management?

Ans. Every course has its own pros and cons. Depending on the needs of the candidate they can either opt for an MBA or a Postgraduate Diploma in Material management. Though MBA is more theoretical while a postgraduate diploma in material management is more practical and relevant as per the job market is concerned.

(10). What is the cost of a postgraduate diploma in material management?

Ans. The cost of a postgraduate diploma in material management depends greatly on the institution you attend. The program costs anywhere from INR 25,000 to INR 90,000.

(11). What industries are looking for students who have completed a postgraduate diploma in material management?

Ans. Students with a postgraduate diploma in material management are in great demand in industries such as manufacturing, fast-moving consumer goods (FMCG), exports and imports, and others with large stock handling.

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