The most important decision one must make if he or she decides to pursue an MBA is choosing the appropriate specialization. We’ll talk about supply chain management and an MBA in logistics in this blog.
Supply chains and logistics are related. The movement and storage of goods in the supply chain are the main areas of focus for logistics. A broader term, supply chain management (SCM), refers to the coordination of network partners involved in sourcing, manufacturing, transport, sorting, and selling.
The skills needed by people to manage this complex process are ingrained by an MBA in logistics and supply chain management.
The majority of businesses require a person with an MBA in logistics and supply chain management to ensure that the manufacturing process runs smoothly.
What is MBA in Supply Chain Management?
A 2-year postgraduate programme, an MBA in Logistics and Supply Chain Management is available. It teaches students the management techniques and analytical skills necessary for the movement of goods and inventory maintenance.
A minimum of 45 to 50 percent overall in graduation or an equivalent grade is required for admission to the MBA programme in logistics and supply chain management.
An MBA programme in logistics and supply chain management typically costs between INR 2 and 3 lacs for the entire programme.
After earning an MBA in logistics and supply chain management, a variety of job profiles are available. Industry analysts, project managers, global logistics managers, operational directors, international logistics managers, transportation managers, etc. are the most frequently offered profiles.
People with an MBA in logistics and supply chain management can expect to make between $35,000 and $155,000 annually on average.
Top employers include HCL, IBM, Adobe, Nokia, Toyota, and many more.
Colleges that offer MBAs in logistics and supply chain management may accept applicants based on both merit and entrance exams.
Eligibility requirements for an MBA in supply chain management in 2022
Every university’s college has established minimum requirements for admission to the programme; while these requirements vary considerably between colleges, the fundamental requirements are constant. Most prestigious universities and colleges adhere to the following minimum eligibility standards:
- Graduates are required to enrol.
- Candidates should have received an equivalent grade or 45 to 50 per cent of the possible aggregate marks in their graduation.
- There should be no college backlog for the student.
Admissions for the MBA in Supply Chain Management in 2022
According to their graduation grades or the results of entrance exams, applicants are admitted to MBA programmes in logistics and supply chain management. Students interested in direct admission must regularly check the college website for updates on the release date of the application.
Before the deadline, the application must be delivered to the colleges for additional review. Students who are chosen must then go through a round of personal interviews before securing admission by paying the fee and submitting the required paperwork.
On the other hand, entrance exams are administered by the majority of colleges to determine a student’s eligibility. Some of the most popular entrance exams for the MBA in logistics and supply chain are held across India
managers include:
- GMAT (Gratitude Management Aptitude Test)
- SNAP (Symbiosis National Aptitude Test)
- TANCET (Tamil Nadu Common Entrance Test)
- MAT (Management Aptitude Test)
- CAT (Common Admission Test)
- CMAT (Common Management Admission Test)
- XAT (Xavier Aptitude Test)
Candidates must submit an application and show up for the entrance exam. Candidates must appear in additional rounds such as group discussions, individual interviews, and written ability tests if they pass the entrance exam.
In India, the salary for a supply chain management MBA in 2022
The salary earned after earning an MBA in logistics and supply chain management ranges between INR 3 and 15 lakhs per year, which is a respectable amount of money. Knowing the salary earned after earning a degree is crucial for anyone choosing a career path.
This table displays the salaries available for various job profiles.
Job Profile | Average Annual Salary |
Manager | INR 5,00,000 to 9,00,000 |
Quality Manager | INR 8 to 10,00,000 |
Consultant | INR 4,00,000 to INR 8,00,000 |
Operations Analyst | INR 9,00,000 to INR 12,00,000 |
Transport Officer | INR 6,00,000 to INR 10,00,000 |
Leading entrance tests
In order to be admitted to an MBA program in logistics and supply chain management, students must take a number of important state and national level exams, including the CAT, TAN CET, and MAH CET.
The following are the top entrance exams for admission to the MBA program in logistics and supply chain management in India:
Exam Name | Registration Date | Exam Date |
CAT 2022 | To be announced | To be announced |
XLRI XAT 2022 | To be announced | To be announced |
NMAT 2022 | To be announced | To be announced |
CMAT 2022 | February 16, 2022 – March 17, 2022, | April 9, 2022, |
MAT 2022 | To be announced | To be announced |
Curriculum & Subjects for 2022
The MBA program’s semester-by-semester schedule for logistics and supply chain management is as follows:
Semester I | Semester II |
Management concepts | Business research methodology |
Business environment | Marketing management |
Financial and management accounting | Financial management |
Principles of logistics | Production management |
Managerial economics | Shipping and maritime law |
Quantitative methods | Export and import management |
Executive empowerment program – 1 | IT for business |
Executive empowerment program – 2 | |
Semester III | Semester IV |
Strategies logistics management | International Logistics Management |
Logistics management and information systems | Project Formulation and Appraisal |
Integrated logistics management | Warehouse Management |
Distributed management | Modern Logistics Operations |
Railroad and air cargo logistics | Retail Logistics & SCM |
Maritime logistics and documentation | Marketing of Logistics |
Event management III | Small Business Management |
Summer training report | Executive Empowerment Programme-IV |
Career and Employment Opportunities for MBAs in Logistics and Supply Chain Management in 2022
The following are the areas of recruitment for an MBA in logistics and supply chain management:
- Shipping and logistics firms
- industry manufacturers
- IT businesses
- trading businesses
- ports across the country
- warehousing businesses
In the logistical sector, some of the top employers of both recent graduates and seasoned job seekers are:
- Ecopal
- NTC
- Spicejet
- Cognizant
- TCS
- Damco
- Blue dart
- FedEx
- HealthKart.com
- Agarwal Packers and Movers
For an MBA in logistics and supply chain management in 2022, the top 20 Indian colleges
The top 20 colleges in India offering MBA programs in logistics and supply chain management are listed below.
- BK School of Business Management
- GITAM Institute of Management, Visakhapatnam
- Indian Institute of Logistics, Chennai
- Indian Maritime University, Kochi Campus
- SIMS Pune
- Presidency University, Bangalore
- School of Business, Dehradun
- DYPUSM Mumbai – School of Management Dr DY Patil University
- IISWBM KolkataIIM Udaipur – Indian Institute of Management
- Amity University, Mumbai
- GD Goenka School of Management, Gurgaon
- Jain University, Bangalore
- Mysore University – University of Mysore
- Mittal School of Business LPU Phagwara – Mittal School of Business, Lovely Professional University
- St Xavier’s College, Kolkata
- KSOM Bhubaneswar – KIIT School of Management
- Sharda University, Greater Noida
- Integral University, Lucknow
- Manipal University (MAHE) – Manipal Academy of Higher Education
FAQs
Q: Is studying for the MBA in Logistics and Supply chain management challenges?
A: The MBA in Logistics and Supply chain Management is not a challenging course, it is well-paid, and it is in high demand.
Q: How can I get a job after earning an MBA in supply chain management?
A: Since there is a high demand for this course, finding placement on campus is typically not difficult. If for some reason a person is unable to obtain an on-campus placement, he or she may apply directly for jobs with logistic companies.
Q: How much does the MBA program in logistics and supply chain management cost?
A: Depending on the type of institution, Supply Chain Management costs between INR 2-3 Lakhs for the entire course approximately.
Q: What qualifications are needed to enroll in the program?
A: A bachelor’s degree is necessary for an MBA in Logistics & Supply Chain Management program.