MBA in Supply Chain Management
What is MBA in supply chain management system?
MBA in Supply chain management are professional master’s degree programs that combine a general business administration curriculum with supply chain management specialization courses.
Students can obtain MBA in supply chain management, a master’s degree in supply chain management, a master’s degree in supply chain management (MPS), or even a master’s degree in supply chain management (MEng). Most of these degree programs are available in on-campus and online formats and/or at evenings and/or weekends with flexible course schedules, and can be completed in as little as 10 to 12 months. Many of these programs may have a classification for Science, Technology, Engineering, and Math (STEM), and may provide specific hands-on learning opportunities, such as advising on actual ventures, networking with supply chain executives, and studying abroad.
Brief about MBA in Supply chain Management
- Full-Form: Master of Business Administration in Supply Chain Management
- Duration: 2 years.
- Minimum Eligibility: Graduation
- Admission Process: Entrance Based
- Top Entrance Exams: CAT, MAT, XAT, GMAT
- Top Colleges: IIM Ahmedabad, IIM Bangalore, IIM Calcutta
- Distance Education or Correspondence: Available
Also read: List of Top MBA Specializations: Which One to Choose
MBA in Supply Chain management Admission Process
Admission in MBA Supply Chain management is done by means of two modes-either through a selection test or direct confirmation which depends on merit premise or the executive’s amount premise. The procedure, for the most part, comprises of 4 Steps.
Stage 1: Register and Apply for MBA Entrance Exam
One of the most significant tests for an MBA is CAT. You can enroll for it on the official site iimcat.in. For different tests like NMAT, XAT, CMAT, and SNAP, you should enroll independently.
Stage 2: Appear in MBA Entrance Exam
Show up for the separate tests and afterward hang tight for the outcome.
Stage 3: Shortlisting Process
The shortlisting will be done based on the number of understudies who gave the tests and the number of seats accessible. Cutoff for all the universities will be declared.
Stage 4: Final Admission Process-GD-PI-WAT Round
In this round Group, Discussion and the Personal Interview happens and the two have diverse weightage.
MBA in Supply Chain Management Eligibility
Understudies who wish to seek after MBA in Supply chain management must satisfy the beneath recorded models
- Must have a four-year college education in any control from a perceived Indian or remote college.
- More likely than not qualified the individual passages trial of schools.
MBA in Supply Chain Management Entrance Exams
More than 10 management entrance exams conducted by national bodies like IIMs and private & public colleges, required to get admission in the top MBA colleges in India.
- CAT 2024: Common Aptitude Test or CAT is a computer-based test that is accepted in colleges such as IIMs, IITs, among others for admission into MBA courses.
- MAT 2024: Management Aptitude Test or MAT is conducted four times in a year in an online or offline mode, and is accepted in colleges such as VIT Business School, Christ University, etc.
- XAT 2024: Xavier Aptitude Test or XAT is conducted by XLRI Jamshedpur for admission in its various management courses.
- GMAT: GMAT is a computerized based test, conducted to get admission into management courses in US universities and colleges. But it is accepted in many Indian universities as well like IIM Ahmedabad, XLRI, etc.
- SNAP 2024: Symbiosis National Aptitude Test or SNAP is conducted by Symbiosis University for admission into various UG and PG courses.
Entrance Exam | Exam Mode | Application Period(Tentative) | Exam Date(Tentative) |
CAT 2024 | Computer-Based | August 7- September 25, 2024 | November 2020 (Tentative) |
MAT 2024 | Computer-Based and Pen Paper Based | March 6- June 16, 2024 | June 21, 2020 |
XAT 2024 | Online | The third week of August- The second week of December 2024 | The first week of January 2021 |
GMAT | Computer-Based | All around the year | As per your selection after the registration |
SNAP | Online | From August to November | December |
NMAT | Online | From July to October | As per your selection after the registration during October to December period |
How to get admission in the best MBA College?
- Since the majority of the top administration universities expect you to qualify one of the placement tests, consequently you are going to require a decent percentile in one of the selection tests like CAT, MAT, or XAT, among others.
- Be intellectually and genuinely arranged with further adjusts after the placement test for example the gathering conversation and individual meeting.
- Monitor significant dates of the selection tests with the goal that you can enroll for the test on schedule.
- Be refreshed with current undertakings as this will help in clearing the selection test and the meeting round.
- Begin getting ready for the selection test a year prior and remember your objective school.
MBA in Supply Chain Management Skills Required:
- Judicial aspects of supply chain management include federal, state and foreign regulations
- Modeling judgment for the supply chain team
- Logistics systems, like regional logistics
- Theoretical and quantitative principles, processes, models, and organizational approaches
- Approaches and methodologies for sourcing and procurement approaches
- Traits, characteristics, and organizational skills focussing on supply chain management.
Curriculum:
- Legal Aspects of supply chain management
- Leadership in supply chain
- Operations and Supply Chain Management
- Decision modeling for supply chain management
- Strategic sourcing and procurement
- Logistics
- Graduate Colloquium
Core Courses/Curriculum
- Management of Organizational Behavior
- Managerial Decision Making
- Managerial Accounting and Budgeting
- Marketing Management
- Managerial Finance
- Management Of Information Systems
- Strategic Management
- Capstone project
Scope Of MBA in Supply Chain Management
Even those who are already working professionals are drawn to a supply chain management program. This demand emerged from those aspirants who want to pursue their masters in order to gain an advantage in their professional qualifications. This is because the supply chain management course has a lot of promise and it reaps many benefits for the working professionals. The curriculum offers an opportunity for the learner to gain an awareness of the value of supply chains, and it will help candidates develop knowledge of both international and national markets.
Career Options for MBA in Supply Chain Management:
Definitely, the job prospects can expand after you have completed an MBA course in supply chain management. There are a variety of opportunities you will experience, especially in the area of planning and policymaking, encouragement, assessment, product creation, and inventory management. The company’s size will also decide the opportunities you can exploit to learn more about this area. Unless the business is very big then you get to concentrate on the company’s general management and if it isn’t, then you’d have to focus on the different areas of the supply chain.
Pay/Packages Offered:
Career Option | General Operations Manager | Logistics Engineers | Quality Analysts |
Educational Background | Bachelor’s and MBA SCM | Bachelor’s and MBA SCM | Bachelor’s and MBA SCM |
Percentage of Job Opportunity | 21% | 19% | 11% |
Average Salary per annum | Rs 3,89,189 – 10,25,000 | Rs 8,50,000- 15,20,000 | Rs 15,00,000-26,00,000 |
Source: www.payscale.com
Top Colleges For MBA in Supply Chain Management:
- JK Business School
- Aditya Institute Of Management Studies And Research
- GNVS Institute Of Management
- School of Management, SRM University
- Institute of future education entrepreneurship and leadership
- School of petroleum Management
- New Delhi Institute of Management
- Asian Business School
- Indian Business School of Advanced Management Studies
- Albertian institute of management
- Mahendra institute of technology
There is a number of universities in Abroad as well. Some of them are:
- Purdue University – Krannert School of Management
- Rutgers Business School – Newark and New Brunswick
- ETH – Zurich – Swiss Federal Institute of Technology
- The University of Tennessee at Knoxville – Haslam College of Business
- NUS Business School, National University of Singapore
- MIT Sloan School of Management
- Arizona State University – W. P. Carey School of Business
- Michigan State University – Eli Broad Graduate School of Management
- Penn State – Smeal College of Business
- Northeastern University – D’Amore-McKim School of Business
Top Recruiters Are:
Students who seek an MBA in supply chain management are typically likely to become affiliated with those businesses that employ professionals in the supply chain. List of some Indian companies that are actively recruiting supply chain managers include:
- Suguna Food private limited
- Cadila Pharmaceuticals limited
- Reddy Laboratories limited
- Oracle India private limited
- Golden Opportunities Pvt. Ltd.
- Ranbaxy
- Glenmark
- Wipro
- Infosys
Some International Firms that offer placement:
- Unilever
- Kimmel
- L’Oreal
- Coca Cola
- Kraft
- Mc Donald’s
- Prada
- FedEx
- HSBC
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