A Cooperative or Co-operative is a business organization owned and operated by a group of individuals for their mutual benefit. It is often referred to as a Co-op or Coop. Cooperative Management is sub-discipline of Management, just like other Management Areas, it deals with various management aspects of a Cooperative, it's Human Resources, Capital and Facilities provided by it. It is also known as Co-Management. Cooperative Management functions to bring more effective and equitable systems of resource management in Cooperative Environment. In a Cooperative scenario management, representatives of user groups, the scientific community and government agencies share knowledge, power, and responsibility. A Cooperative Manager's main objective is to adjust priorities and objectives for mutual benefit of both the customer, the owner and the Cooperative.
The study of this field includes all or few of these –
Principles and Practices of Co-operative Management.
Co-operative Administration and Legislation.
Financial Management in Co-operatives.
Marketing Management of Co-operatives.
To enable facilities for free circulation of information within the company.
To mobilize human skills, processes, financial and technological resources so that the company’s goals can be reached.
For pursuing a Post Graduate Diploma in Cooperative Management or MBA in Co-operative Management, one needs a Bachelor's degree in Arts, Science, Commerce, Agriculture or Engineering or equivalent from a recognised university with a minimum of 55% marks.
Some of the Institute providing Cooperative Management:
Institute of Cooperative Management, Rajpur, Dehradun, Uttaranchal.
Vaikunth Mehta National Institute of Co-operative Management, Pune, Maharsahtra.
National Council for Cooperative Training, Siri Institutional Area, August Kranti Marg, New Delhi.
Annamalai University, Tamil Nadu.
Pondicherry University, Tamil Nadu.
Regional Institute of Co-Operative Management, Bangalore, Karnataka.
Develop the decision-making skills and administrative competence of practising managers in the co-operative sector. Provide educational facilities for young men and women seeking career in management. Assist organization in solving their management problems by providing consultancy services. catering to the management development, training, research and consultancy needs of various co-operative organizations, government departments and other national bodies. In India Cooperative Organisations like National Co-operative Development Corporation, Indian Farmers Fertilizer co-operative Limited, Krishak Bharati co-operative Limited, Indian Coffee Houses etc. provide ample employment opportunities.