Overview
Cooperative Management sometimes also written as Co-operative Management is understood as informal arrangement or legal practice of companies and organizations to take responsibility and manage resources on corporate basis. Cooperative Management as a managerial process circulates free information within the company. The main functions of cooperative management are-
- Create, maintain, and compensate performances depending on expectations and mutual help.
- Making sure the company’s best interests should be best interests of people employed in the company, so they participate actively in work and progress.
- Strive continuously to attain company’s goals by means of mobilizing human resources and technologies used.
Cooperative Management is not only powerful from human, social or technological perspective, but also a major asset for a company. This argument holds true both from real life experiences and research done on Cooperative Management.
In the global market scenario when most of the world markets follow tactics of Cooperative Management, the need for trained professionals obviously arises in the world market. Seeing the importance of Cooperative Management professionals’ colleges and universities across the globe started offering courses in Cooperative Management. In India many colleges and universities offers such courses at postgraduate level. These courses lead to the award of Post Graduate Diploma (PGD) or Master of Business Administration.
A course in cooperative management improves candidates’ conceptual abilities in underlying the management needs of cooperatives. These courses teach the necessary techniques about managing organizations and companies in a large environment. The program develops an attitude for attaining excellence in the domains of administration in larger cooperative settings. These courses also teach additional subjects like Cooperation, Cooperative & Business laws, Agro processing, Urban Cooperative banking etc.
Careers
Candidates with a post graduate diploma or degree in Cooperative Management gets work opportunities in cooperatives, public sector undertakings, private sector enterprises, agro processing, urban cooperative banking and so on. One may get appointed as-
- Cooperative Secretary
- Public Relation Officer
- Business Development Manager
- Business Planner
- Cooperative Manager
Who can become a Cooperative Management Professional?
Students with a graduate degree in any stream, viz, arts, science, commerce, engineering etc may choose to study Cooperative Management at post graduate level. Generally, entrance examination is conducted for admission. On successful completion one may get work options with government and public sector enterprises. The opportunities for cooperative management professionals exist across the globe.
Institutes
Following given the list institutes offering courses in Cooperative Management:
Institute of Cooperative Management Bhopal
• Master of Business Administration (MBA)
• Higher Diploma in Co-operative Management (HDCM)
• Diploma in Urban Banking and Credit
• Diploma in Agriculture and Rural Development Bank
• Management Development Program (MDP)
• Management Diploma Programs
Institute of Rural Management Anand
• Post Graduate Diploma in Rural Management (PGDRM)
• Certificate Program in Dairy Management
• Fellow Program in Rural Management (FPRM)
• Management Development Programs (MDPs)
Vaikunth Mehta National Institute of Cooperative Management, Pune
• Post Graduate Diploma in Cooperative Management (PGDCM)
• Management Development Programs (MDPs)
Madhusudan Institute of Co-operative Management (ICM), Bhubaneswar
• Higher Diploma in Cooperative Management
National Council for Cooperative Training (NCCT) New Delhi
Programs details
Institute of Cooperative Management, Hyderabad
Program details
Institute of Cooperative Managenment - Kannur (ICMK)
• Master of Business Administration (MBA)
• Higher Diploma in Cooperative Management (HDCM)
Related Links:
Streams of Management