2023 Best MBA Programs in Manufacturing

50 Best MBAs in Manufacturing

Find a list of campus and online MBA programs in Manufacturing in the the United States. In-person, campus Manufacturing MBA programs account for 54 programs while online offerings account for 25 programs. Find Manufacturing MBA programs offered and sorted from lowest to highest tuition.

If you notice any errors in the MBA program database, please contact us. Visit our ranking methodology page.

Overview of MBA in Manufacturing Management

MBA in Manufacturing Management is a four-semester Work Integrated Learning Program designed to provide working professionals with a well-rounded business education focused on manufacturing and technology management. The program provides students with the technical education necessary to understand manufacturing processes, as well as the business acumen to supervise and lead in this sector.

With the increasing complexity of today’s business climate, the MBA in Manufacturing Management will prepare students to take on challenges related to advanced manufacturing technology and project management, inventory and supply chain management, operations management, quality control, financial analysis, and strategy and leadership. An MBA in Manufacturing Management will offer a unique set of skills for successful careers in the field of manufacturing management.

How Much is Tuition for an MBA in Manufacturing?

The average full-time Tuition for MBA programs in Manufacturing is $35,711.45 with a highest of $102,040.00 and the lowest of $9,876.00

The average in-state tuition for campus MBA program in Manufacturing is $35,711.45 compared to the average out-of-state tuition of $50,648.51. The average in-state tuition for an online MBA in Manufacturing is $32,850.48 compared to an average out-of-state online tuition of $45,122.44.

With a tuition cost ranging between $9,876.00 and $102,040.00, it may be worthwhile to attend a highly reputable online or in-state program instead of electing to go out-of-state. This may be the difference in a $90K in tuition due to your residency status. You don’t need an MBA degree to know the importance of fiscal responsibility.

You may want to opt for a more affordable degree programs instead of taking out student loans for B-School tuition. A savvy student also realizes that attending an online MBA program can significantly reduce textbook, transportation and living costs.

Reports for most affordable campus MBA programs and most affordable online MBA programs.

What is the Starting Salary for Manufacturing MBAs?

Though it’s not the only factor, compensation is an important consideration for individuals considering obtaining an MBA degree. Salaries for graduates with master’s degrees in business administration can be significantly higher than those of graduates with only a bachelor’s degree. In addition, advance salary projections from the US Department of Labor show that average MBA salaries are expected to increase by 13.5% each year through the year 2028 with an annual need of 99,000 new managers needed each year.

Average starting salary for MBA students from universities that offer an MBA in Manufacturing today is $82,309.51 with the lowest of starting of $55,500.00 and the highest reported starting salary of $106,170.00.

Reports for campus MBA graduate starting salary and online MBA graduate starting salary.

Best ROI for MBA Programs

The average ROI full-time for MBA programs in Manufacturing is 154% with a highest of 371% and the lowest of 47%.

Return on investment (ROI) is an essential factor when considering which MBA program(s) to apply to. To calculate ROI, consider both the tuition for the MBA program and the average salary a graduate earns. The average tuition cost for an MBA degree in Manufacturing is approximately $35,711.45, while the average starting salary for MBA graduates is around $82,309.51. To calculate ROI, you need to subtract the tuition from the salary and divide by the tuition cost. This will give you a rough estimate of how much value you will get out of the MBA education.

The average ROI for all MBA programs in the United States is 154%. The average ROI for Manufacturing programs is 154%.

Reports for campus MBA ROI and online MBA ROI.

Career Opportunities with an MBA in Manufacturing Management

With an MBA in Manufacturing Management, graduates can find career opportunities in a variety of manufacturing-related fields. Positions such as Operations Manager, Quality Control Manager, Project Manager, Inventory Manager, and Supply Chain Manager are all available for those with an MBA in Manufacturing Management.

Graduates can use their degree to pursue a career in manufacturing strategy and leadership. In this role, they will be responsible for developing and implementing strategies that will help their organization stay ahead of the competition and remain profitable. With the right combination of experience and education, graduates can also find positions in financial analysis for manufacturing, such as Financial Analyst or Cost Analyst. Finally, those with an MBA in Manufacturing Management can also explore opportunities in research and consulting roles related to the manufacturing industry.

Eligibility Criteria for an MBA in Manufacturing Management

To be eligible for an MBA in Manufacturing Management, one must hold a bachelor’s degree or equivalent in relevant disciplines, such as B.E./B.Tech./M.Sc., along with at least one year of relevant work experience in manufacturing or operations. This program is specially designed to cater to the needs of working professionals, and it requires students to use mathematical models to solve complex problems related to the production and logistics sector. As such, the minimum eligibility criterion for this course is a 3-year bachelor’s degree with at least 50% aggregate marks in all subjects.

Core Curriculum of an MBA in Manufacturing Management

The core curriculum of an MBA in Manufacturing Management is designed to equip students with the skills and knowledge necessary to become successful managers in the field. This includes courses on project management, inventory and supply chain management, operations management, quality control, manufacturing strategy, financial analysis and leadership. Students also learn how to create and manage production plans, analyze market trends, develop strategies for cost control and other topics related to manufacturing. This program offers a comprehensive education in manufacturing management that will prepare graduates for a range of roles in the industry.

Introduction to Manufacturing Management

An introduction to manufacturing management is a core component of an MBA in Manufacturing Management. This course usually covers the theoretical foundations of production and operations, as well as the decision-making processes involved in the production process. It is essential for manufacturing managers to understand the fundamentals of production, including inventory and supply chain management, operations and quality control, financial analysis, and strategic leadership. Furthermore, this course can provide valuable insight into how decisions are made in a manufacturing environment, as well as how to develop effective strategies for managing resources. With a strong background in these topics, graduates can be well-equipped to pursue successful careers in manufacturing management.

Project Management in Manufacturing

Project management in manufacturing is an integral part of any MBA in manufacturing management curriculum. This course focuses on the development of skills to effectively manage and coordinate projects in a manufacturing environment. It covers topics such as project planning, scheduling, cost estimation, resource allocation, quality management and risk assessment. Students will gain an understanding of the techniques and strategies required to successfully complete projects on-time, on-budget and to specification. With the skills acquired in this course, graduates are well prepared for a career in the manufacturing industry as project managers.

Inventory and Supply Chain Management

An MBA in Manufacturing Management provides insight into the inventory and supply chain management processes utilized in the manufacturing industry. Students enrolled in the program will gain an understanding of how to manage inventory and supply chain operations, including aspects such as distribution networks, procurement, and scheduling. They will also learn about the different strategies used to optimize supply chain performance, as well as techniques for developing efficient and cost-effective solutions. With an MBA in Manufacturing Management, students can pursue a career in supply chain and inventory management, where they will be able to implement their knowledge to improve process efficiency and reduce costs.

Operations Management and Quality Control

Operations management and quality control are critical components of a successful production and operations management curriculum. This module covers topics such as process design, resource procurement, inventory management, project management, and quality control. Students will gain an understanding of how to effectively manage manufacturing processes, develop strategies to ensure quality products and services, and ensure that resources are properly allocated according to budget. By leveraging quantitative methods, these skills will aid in the successful implementation of manufacturing strategies. Additionally, students will be able to identify potential areas of conflict and develop strategies for effectively communicating with stakeholders throughout a project.

Manufacturing Strategy and Leadership

An MBA in Manufacturing Management provides students with the skills to lead and manage advanced manufacturing technology. With a concentration in manufacturing strategy and leadership, graduates will develop the knowledge and experience to effectively guide operations, improve quality control, and increase efficiency. They will learn to evaluate production processes and create strategies to optimize them. Additionally, they will develop the interpersonal and managerial skills necessary to confidently lead a team of employees. By focusing on the fundamentals of leadership, they can build successful teams and drive organizational excellence. With an MBA in Manufacturing Management, graduates can pursue various career opportunities such as production manager, supply chain manager, operations manager, or quality control director.

Financial Analysis for Manufacturing

Financial analysis for manufacturing is a key component of an MBA in Manufacturing Management. This course provides students with the knowledge and skills to evaluate the financial performance of a company and assess the potential for growth. Students will learn how to interpret balance sheets, income statements, and cash flow statements. They will also gain an understanding of financial ratios and their use in decision making. With this knowledge, students will be able to develop strategies to optimize profitability and ensure long-term success in manufacturing management.

Careers in Manufacturing Management

An MBA in Manufacturing Management can open up a variety of career opportunities in the manufacturing industry. Many of these positions require strong managerial and leadership skills, as well as an understanding of operations and quality control. There are also a variety of roles that require financial analysis expertise, such as budgeting and cost analysis.

With an MBA in Manufacturing Management, you can pursue a variety of positions in the industry, including director of distribution, plant manager, operations manager, manufacturing manager, and more. To be successful in this field, you must possess strong problem-solving skills, communication abilities, and the ability to think strategically. You should also have an understanding of project management, inventory and supply chain management, operations management and quality control, manufacturing strategy and leadership, and financial analysis for manufacturing.

What Are the GMAT Scores Required for Acceptance into an Manufacturing MBA Program?

It’s important to note that not all MBA programs require a GMAT Score for admissions, but most reputable programs do. With that being said, if you have your eye on a list of competitive programs, it’s best to boost your GMAT Score accordingly. Outside of a solid GMAT Score, B-School admissions departments look at a candidate’s undergraduate GPA, professional experience, letters of recommendation, CV, and personal statement. A strong undergraduate performance may offset a sub-part GMAT Score.

For campus MBA programs in Manufacturing, the lowest GMAT score required from an in-person program is 400 and the highest is 671 with an average GMAT score to be accepted in a campus-based Manufacturing MBA program being 544.

For Manufacturing MBA programs offered online, the lowest GMAT score required by a university is 400 and the highest is 655 with an average GMAT score to be accepted in an online Manufacturing MBA program is 536.

Below you will find a list of the 10 highest and 10 lowest average GMAT scores needed for a campus based program offering an Manufacturing MBA concentration.

Reports for campus MBA GMAT scores and online MBA GMAT scores.

Student / Faculty Ratio for MBA Programs in Manufacturing

A low Student/Faculty ratio for any MBA may have more of an impact on students wanting smaller classrooms and greater networking opportunities with professors and fellow classmates. For students who thrive in lecture hall environments and do not require the individual attention/one-on-one mentorship from a B-Schools faculty, then a high Student/Faculty ratio may not be an issue.

Of all the Manufacturing MBA programs offered in-person and on campus, the lowest Student Faculty ratio is 1:3 compared to the highest of 11:1 while the average Student Faculty ratio for all in-person campus program offering an Manufacturing MBA is 2:1.

For Manufacturing MBA programs offered online, the lowest Student Faculty Ratio is 1:1 and the highest is 6:1 with an average Student Faculty ratio from MBA programs offering an MBA in Manufacturing online is 2:1.

Below you will find a list of the 10 highest and 10 lowest student faculty ratios from campus based programs offering an Manufacturing MBA concentration.

Reports for campus MBA Student / Faculty Ratio and online MBA Student / Faculty Ratio.

Student Enrollment for MBA Programs in Manufacturing

The MBA program with the lowest student enrollment that offers an MBA in Manufacturing is 15 from Saint Mary’s College of California. The MBA program with the highest student enrollment offering an MBA in Manufacturing is Highest: 1,690 from The University of Texas at Austin. The average student enrollment from all universities that offer an MBA in Manufacturing is 152.

Reports for campus MBA student enrollment and alumni and online MBA student enrollment and alumni.