MBA in Supply Chain Management – Streamline Supply-side Business Activities

ByKIIT School of Management (KSOM)

Logistics and Supply Chain is the backbone of the country’s economy. It ensures that consumers receive their purchases on the mentioned time or date and in good size and shape. While it seems easy, managing and handling supply chains take experience, knowledge, expertise, and seamless integration of several moving parts to make or create a flawless ecosystem.

Do you know which degree helps individuals streamline supply-side business activities to maximise client revenue and gain a competitive edge in the marketplace? The answer is MBA in Supply Chain Management and Logistics.

MBA in Supply Chain Management – An Overview

MBA in Supply Chain Management program is a 2-year professional master’s degree course. The postgraduate program is designed to train students to oversee, organise, and prepare the flow of products and services from one place to another.

An MBA in Supply Management and logistics will train students to understand the innate and outer technicalities of how businesses work. In a four-semester degree, where students get full knowledge about how to carry out an end-to-end operation professionally and handle the flow of data or goods from a company to an end client right on time.

The course builds strong management skills and provides knowledge about logistics and back-end operations of a business unit. After completing an MBA in Supply Management degree, students can become Strategic Sourcing Managers, Business Operations Managers, Managers of Global Sourcing, etc.

MBA in Logistics and Supply Chain Management – Eligibility Criteria

There are almost 300+ universities in India that offer this program as a master’s degree program. And it is hard for students to visit every university and check their eligibility criteria. Why? Because every university admission process is different from each other, like MBA in Logistics and Supply Chain Management fees structure is different in every college.

So, listed below are some common steps most universities consider:

  • Students must clear a bachelor’s degree from any recoganised board.
  • They need around 45-50% marks in their previous degree.
  • Several institutions want students to earn good marks in MAT, GMAT, CAT, CMAT, XAT, NMAT, etc.
  • Students who have completed their diplomas degrees and other certified programs can apply for this program.
  • After filling out the form’s entrance exam score, students must pay the MBA in Logistics and Supply Chain Management fees online or offline.
  • Some universities also take group discussions and personal interview rounds.

MBA in Logistics and Supply Chain Management Fee

A Master’s degree gives students the scope to attain high-paying job titles. But this will only be possible if students complete their degree from a reputed university with high-class faculty.

Knowing about the subject list of the program is not the end, but it is the start of the journey for students. They should know whether the MBA in Logistics and Supply Chain Management fee structure is in their budget.

Every university has a different fee structure for the program. Why? Every university has different tuition fees, examination fees, and other fees. However, the approximate MBA in Logistics and Supply Chain Management fee ranges from INR 3,00,000 to INR 25,00,000, varying from college to college.

List of Subjects Covered in MBA Logistics and Supply Chain Management

If you want to understand the foundational role of logistics as it relates to warehousing and transportation, then having the right knowledge about the subject is essential.

Look at the prominent subjects list which comes under two-year of study.

Marketing Management – With the help of this Marketing Management subject, students get full training about how to deal with the implementation, development, and execution of marketing strategy or plan for an organisation to attract potential clients and retain existing ones.

Managerial Economics – This subject is about applying economic theories, concepts, tools, and methodologies to solve business problems. Thus, managerial economics also trains students to help in the manager’s decision-making and acts as a connection between theory and practice.

Logistic Management – Logistics Management aims to manage and monitor the distribution and storage of goods effectively. It also efficiently oversees the whole order cycle to enhance business development and client satisfaction.

Human Resource Management – This subject provides in-depth knowledge about managing and handling people in an organisation. It is designed to maximise employee everyday and monthly performance in the service by overseeing employee recruitment, employee benefits, reward management, providing training to new employees, and performance appraisal.

Strategic Management – It involves setting objectives, analysing the internal organisation, analysing the competitive environment, evaluating plans, and ensuring that management rolls out the strategy across the company.

International Marketing – This subject deals with marketing principles so that the organisation and business may satisfy the requirements and wants of people residing in other countries. International marketing teaches the ability to undertake marketing activities nationally and internationally.

Conclusion

MBA in Supply Chain Management and Logistics is one of the most exciting courses to build a lucrative career. Why? The demand for these professionals is increasing in almost every sector, which is why not only in India but also abroad, all organizations need these experts. Completing an MBA in Supply Chain Management and Logistics will help students effectively tackle challenges on an international level.