MBA Supply Chain Management – One of the Most Coveted Courses

The supply chain management department is a very important part of any business, as it deals with effective supply chain activities to maximise and ensure customer value and achieve a competitive advantage. In addition, it deals with day-to-day product flows or unexpected disasters.

These professionals’ knowledge and capabilities can be used to conduct disaster relief operations, support medical missions, and manage other types of emergencies.

Supply chain management job opportunities are expanding from both ends, from worldwide sourcing of goods to sales, fulfilment, and distribution. As per the report, the universal supply chain management market was valued at USD 21,129.2 million in 2022 and is predicted to expand at a CAGR of 11.1% from 2023 to 2030.

Pursuing MBA Supply Chain Management builds a broad understanding of operation continuity, process design, transportation planning, warehouse management, inventory control, etc.

MBA Supply Chain Management – An Overview

MBA in Supply Chain Management program is designed for students who want to build critical and analytical thinking, leadership, managerial, and decision-making skills, etc. The program is a two-year postgraduate degree divided into four semesters. Listed below are some of the top reasons to pursue an MBA Supply Chain Management degree –

  • Global job opportunities
  • Innumerable industries to work in
  • Development of transferable skills
  • Growing demand
  • Expanding job market
  • Outstanding job growth
  • Relatively low barrier to entry

Pursuing this degree teaches students how to diagnose problems, creatively work around disruptions, and figure out how to move necessary products to people in need as efficiently as possible.

Eligibility for MBA in Supply Chain Management

MBA in Supply Chain Management deals with managing a network of business activities and processes such as logistics, manufacturing and raw material procurement, and distribution of finished goods. Pursuing this degree enhances the practical understanding and provides real-world exposure.

Over 300+ universities in India offer master’s degrees in Supply Chain Management course. However, every university has different eligibility in Supply Chain Management for MBA and different MBA Supply Chain Management fees. This is why it is difficult for students to check every university’s eligibility for MBA in Supply Chain Management.

Following is the eligibility for MBA in Supply Chain Management, which is common in almost every university –

  • Candidates must pass a bachelor’s degree from a recognised college.
  • They must have approximately 45-60% marks.
  • Eligibility for MBA in Supply Chain Management depends upon entrance exams.
  • After completing the entrance exam, students must wait for the university’s merit list.
  • In the end, students need to submit the MBA in Supply Chain Management fees.

MBA Supply Chain Management Subjects

Building a career in supply change requires you to understand the principles and deliver client-oriented quality outcomes within necessary frameworks. This will only happen if you have the right knowledge about the MBA Supply Chain Management subjects you have studied in your two-year degree.

MBA Supply Chain Management subjects cover operations, statistics, management, marketing, microeconomics, macroeconomics, finance, and many more. Pursuing this degree opens up endless job opportunities in transportation companies, materials logistics, warehouse management, and distribution retailers.

Given below is the list of some prominent MBA Supply Chain Management subjects, which will help students get their dream job in their dream organisation –

  • Logistics
  • Supply Chain Management
  • Quality Management
  • Manufacturing Design
  • Business Intelligence
  • Operations Strategy
  • Service Supply Chains

Moreover, the approximate MBA Supply Chain Management fees range from INR 5 LPA to 24 LPA. It varies from one university to another depending upon the various aspects, including location, reputation, affiliation, etc.

Conclusion

Supply Chain Management is an essential pillar of a business that ensures the services and products of the brand reach the clients at the right time, in the right quantity and quality.

In short, the following are some benefits of MBA in Supply Chain Management that will persuade students to take the course.

  • Higher probabilities of getting a competitive pay package
  • Helps know new trends in logistics and supply chain management
  • It makes them familiar with different logistics and supply chain management strategies that can be implemented in business.

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