MBA Logistics and supply chain management is a two-year programme that provides students the analytical skills and management methods needed for the movement of products and services by utilising inventory, customer service, warehouse, and storage.
This course requires a minimum of (50% for reserved category) percent in graduation or an equivalent. This eligibility requirement is followed by many institutions and universities. Depending on the institute, the usual prices for an MBA in logistics and supply chain management education range from INR 5,000 for 2 years program.
After an MBA, job opportunities in logistics and supply chain management are many. Industry analysts, project managers, worldwide logistic managers, operations directors, international logistics managers, transportation managers, and other similar positions are the most common.
MBA in Logistics is a comprehensive management programme that prepares qualified people to work as future managers in the field of industrial supply and chain management. The MBA in Logistics is a programme that prepares students for positions in shipping finance and management.
To know more about MBA in the field of Logistics and Supply Chain, read more…
MBA in Logistics and Supply Chain Management: Course Highlights
The arrangement of a full network for the transportation of raw materials from the resource to the consumer in the form of the finished product is known as logistics and supply chain management.
The Master of Business Administration in Logistics and Supply Chain Management is a two-year programme. It covers topics such as managerial economics, financial management, and human resource management, among others.
| MBA Logistics and Supply Chain Management Course Level | MBA Logistics and Supply Chain Management Course is a Post Graduate Level course. |
| MBA Logistics and Supply Chain Management Course Duration | The course lasts for 2 years of duration. |
| MBA Logistics and Supply Chain Management Course Examination Type | Examination types for admission in MBA in Logistic include CAT, XAT, CMAT, ATMA,SNAP |
| MBA Logistics and Supply Chain Management Course Eligibility | This course requires a minimum of 50% in graduation or an equivalent. |
| MBA Logistics and Supply Chain Management Course Admission Process | MBA admission is awarded either on the basis of their academic achievements or through entrance examinations. Students interested in direct admission can visit the college’s website for the application deadline. |
| MBA Logistics and Supply Chain Management Course Major Entrance Exams | Major entrance exams include CAT, XAT, CMAT, MAT, ATMA/SNAP/ State Common Entrance Test |
| MBA Logistics and Supply Chain Management Course Fee | Average fee of the course is in the bracket of 50,000INR to 2LPA |
| MBA Logistics and Supply Chain Management Course Average Salary | The average salary after MBA in Supply Chain Management starts from minimum 3LPA and extends to 12LPA |
| Top Hiring Companies for MBA Logistics and Supply Chain Management Course Graduates | Snapdeal, IBM, TATA Consultancy, WIPRO etc are the industry giants that are the top hiring recruiters. |
MBA in Logistics and Supply Chain Management: Admission Process
MBA admission is awarded either on the basis of their academic achievements or through entrance examinations. Students interested in direct admission can visit the college’s website for the application deadline. Exam/interview for admission is followed by a group discussion and personal interview are inclusive in the best colleges for MBA in Logistics and Supply Chain Management.
MBA in Logistics and Supply Chain Management Salary in India
In this field, there are numerous career opportunities. Make sound decisions about your strategy. Plan for the amount of time it will take, the advancement of your profession, and financial assistance, among other things. Internships can give students with valuable experience as well as a diploma. Internships give students with hands-on experience in the courses they are studying. Salary in India stands between 3LPA to 12LPA.
MBA Logistics and Supply Chain Management Entrance Exam
The majority of colleges and universities hold entrance tests. It is used to determine a student’s eligibility and ability. The following are some of the MBA entry tests in brief:
Logistics is a rapidly growing profession that saw development even during the Great Recession. The Bureau of Labor Statistics predicts a 7% increase in job growth between 2016 and 2026, making the profession even more promising.
A logistician’s median yearly income in India was 3LPA – 12LPA. That is still a higher ROI for MBA in Logistics and Supply Chain Management.
Logistics provides professionals with the opportunity to obtain high-paying jobs without requiring a graduate degree. Although some professions may require graduate degrees or other forms of advanced training, most people with a bachelor’s degree may find work in logistics. Although associate’s degrees can lead to a few work opportunities, most prospective logisticians are recommended to seek four years of post-secondary education.
Although an advanced degree is not required for success in logistics, it can help you grow more quickly. Jobs in upper management are available, but they necessitate further education and experience.
Many logistics occupations demand foreign travel on a regular basis. Although these excursions are more focused on work than tourism, they provide a wealth of chances for anyone seeking to engage in international business in the future.
For example, while PDCA (Plan, Do, Check, and Act) is very important in SCM and Logistics, using it in the workplace requires experience, which we will gain through time.
Similarly, in MBA and Logistics, a few abilities are required, like as
MBA in Logistics and Supply Chain Management: Syllabus
For example, while PDCA (Plan, Do, Check, and Act) is very important in SCM and Logistics, using it in the workplace requires experience, which we will gain through time. Similarly, in SCM and Logistics, a few abilities are required, like as Skills in negotiating Follow-up abilities Ability to manage change Skills in analysis.
University instructors, banking, and other fields are among the greatest employment available following an MBA in Logistics and Supply Chain Management. To get on-the-job experience, they can work as an industry analyst, project manager, logistics coordinator, or supply chain manager.
This course will prepare you for a variety of work options in clearing, freight forwarding, couriers, forwarding businesses, and third-party logistics.
Scope of MBA Logistics and Supply Chain Management in Government Sector
Top 10 Recruiters for MBA in Logistics and Supply Chain Management Graduates in India
Every year, a large number of top national and worldwide firms hire MBA Supply Chain Management graduates. These firms anticipate individuals to conduct both indoor and outdoor labor by offering competitive annual packages and opportunities for advancement.
Top Recruiting Industries
Manufacturing and shipping are two of the most common businesses and sectors in which these individuals work. Amazon, Walmart, Frito-Lays, Coca-Cola, Cadbury, Intel, Apple, and others are among the top recruiters for MBA Supply Chain Management applicants.
Since the epidemic, a number of industries have seen tremendous growth and have emerged as economic boosters. One of them is supply chain management.
Questions and Answers for the Top 5 Supply Chain Management Interview Questions.
Supply chain management, or SCM, is described as the continuous monitoring of all aspects of the supply chain (including raw materials, data, and finances) from beginning to end.
Supply chain management aims to integrate and stabilize the flow of activities from the manufacture of commodities to their eventual distribution as part of the process of developing and satisfying demands. This puts supply chain management professionals in direct contact with everyone in the supply chain, from suppliers to customers.
The goal of supply chain management is to improve the efficiency of an organization’s operations and increase production. Companies strive to meet people’s needs by delivering the proper goods to them on time while making a profit. While streamlining the entire process, supply chain managers guarantee that waste is reduced and that everyone’s time is used productively, allowing the company to save money. All of these minor objectives contribute to the ultimate goal of achieving efficiency.
Freight is the source of the term affreightment. It is the sum of money paid to a charterer in exchange for the use of his vessel to transport commodities.
Without collaborative and integrative approaches with channel partners, supply chain management is incomplete. A supply chain’s performance is dependent on the participation of suppliers, retailers, wholesalers, distributors, and customers. Supply chain managers must work with suppliers, maintain track of demand, integrate wholesalers and distributors’ services, and communicate efficiently with everyone involved in the process, including customers.
A stock-keeping unit is referred to as an SKU. It has something to do with inventory management. SKU stands for Stock Keeping Unit, and it refers to a specific item stored in a certain location in the inventory.
Following are some of the several employment options available to you after earning an MBA in Logistics:
Yes MBA in Supply Chain management is a good option as it provides ample advanced career opportunities.
All of them are good in their own way, what matters is what are your aspirations.
For businesses of all sizes and across all industries, the global economy is becoming more globalized. Globalization has repercussions for all facet of corporate management, from research and design to sourcing materials and parts, production, and ultimately product distribution.
Candidates must have a Master’s degree in a relevant discipline from a recognized university with a cumulative grade point average of at least 55 percent to be considered for this course.
The lifeblood of most businesses is supply chain management and logistics. Manufacturing units and e-commerce enterprises, in particular, rely heavily on their SCM & Logistics departments to ensure that goods are transported smoothly.
A career in supply chain management may be both demanding and lucrative. SCM (Supply Chain Management) enables you to be at the heart of corporate operations, handling everything from packaging to shipment. That excites a large number of people.
Anyone interested in a logistics and supply chain management course that focuses on developing analytical and managerial skills
Students pursuing an MBA in Logistics and Supply Chain Management learn about numerous management processes such as product or service strategy, implementation, control, and flow.
The administration of the movement of goods and services is referred to as supply chain management, and it encompasses all procedures that transform raw materials into finished items. It entails actively simplifying a company’s supply-side processes in order to increase customer value and achieve a competitive advantage in the market.
MIT ADT University’s MBA in Logistics and Supply Chain Management programme will help you apply breakthrough innovations to your operations. The programme provides a unique opportunity to take a step back from the day-to-day demands and reflect on your supply chain performance. Delivering the latest thinking to help you innovate your supply chain, the programme enables you to develop your supply chain leadership skills and strategic capability. To know more visit https://www.mituniversity.edu.in/old_mit/academics/faculty/faculty-of-management-and-leadership/mit-college-of-management/
