The MBA in Logistics and Supply Chain Management is a two-year postgraduate management program designed to develop analytical and administrative skills in logistics and supply chain management. The MBA in Logistics and Supply Chain Management covers the management of the entire supply chain, including the flow of products and supply from the retailer to the manufacturer, wholesaler, retailer and consumer. The Logistics and Supply Chain Management degree monitors, prepares and organizes the flow of products and services from one place to another. The MBA is a postgraduate course in business administration. Sales and marketing, operations management, finance, human resources management, marketing management, logistics management, and business analytics are just some of the specialization areas taught in the Master of Business Administration.
|Course Name||Master of Business Administration in Logistics and Supply Chain|
|Course Level||Post Graduate (PG)|
|Course Duration||2 Years|
|Examination Type||Semester Based|
|Eligibility Criteria||Graduation with minimum 50% marks from a recognized college/university|
|Admission Process||Merit Based/ Entrance Based|
|Entrance Exams||CAT, MAT, XAT, SNAP, UPESMET, CMAT, GMAT, TANCET|
|Course Fee||INR 5000 to INR 2 LPA|
|Average Annual Salary||INR 3 to 12 LPA|
|Top Recruiting Companies||HDFC, TCS, DELL, Flipkart, Amazon, Larsen and Toubro Ltd., Anchor Electricals, Biomax Fuels Ltd., Accenture, Nokia, Toyota, Proctor and Gamble|
|Job Profiles||Logistics Consultant, Field Sales Manager, Logistics Manager, Supply Chain manager|
Why Study MBA in Logistics and Supply Chain Management?
India's logistics and supply chain management division has seen rapid growth in the number of services offered over the past decade. From traditional processes to integrated and value-added services, the focus has been on achieving better performance to meet customers' needs and satisfaction.
With the MBA in Logistics and Supply Chain Management, you will learn how to manage production units and customer relationships.
Knowledge: Provides you with in-depth knowledge of logistics and supply chain functions. It helps to understand the national and international markets.
Good wages and job growth: This is a dynamic industry that can now be found all over the world. Applicants can be present from the manufacture of the product to the delivery of the product. Logistics and Supply Chain Management MBA jobs are Logistics Consultant, Field Sales Manager, Logistics Manager, Supply Chain Manager etc.
Applicants for the MBA in Logistics and Supply Chain Management must meet the minimum requirements. Here are the requirements for the MBA in Logistics and Supply Chain Management:
1. Entry requirement for the MBA in Logistics and Supply Chain Management is a bachelor's degree in a relevant subject such as BBA, BA, B.Sc, B.Com, BCA with a minimum average of 50% cumulatively recognized universities.
2. Individuals must pass the required entrance exams with excellent grades and meet other requirements.
3. There is no age limit for this course.
4. Work experience is not required but highly recommended.
5. 5% discount for SC and ST students. He or she must achieve 40% in each stream.
The admissions process for an MBA in Logistics and Supply Chain Management depends on the admission criteria set by the university, which often vary from university to university. In general, admission is either on merit or as part of managerial pay. As part of a merit-based quota, applicants must achieve a good percentile on the entrance exams in order to be accepted into the best institutions.
In addition, some private institutions and secondary schools organize admission tests for courses. According to the administrative limit, students have to pay a large amount as a captive fee to start the admissions process.
Most universities conduct their recruitment process entirely online. Students need to visit the official website of the university they are interested in and start the application process by providing their name, phone number, email address, the course they are interested in, etc. Applicants must complete the university application forms and provide all required information, including entrance exam results.
Successful applicants must then pass a selection process at their university. This selection process may include a written test, a group discussion and an in-person interview.
Skills Required for MBA in Logistics and Supply Chain Management
Companies hire candidates who have additional skills in addition to academic qualifications. The skills required will help candidates progress down the logistics management and leadership path if acquired. The following is the same:
1. Time management
2. Active listening
3. Critical Thinking
4. Judgment and Decision Making
5. Strong communication
8. System evaluation and analysis
9. Management of material and financial resources
Entrance Exams for M.Sc. in Hospitality and Tourism Management
The entrance exams are administered by various national colleges and universities that offer the degree. Students can choose which universities to attend based on the results of their entrance exams. Below are some of the most popular MBA entrance exams:
The tuition fees for
MBA courses in logistics and supply chain management may vary depending on the
college/university offering. The average fee for an MBA in Logistics and Supply
Chain Management can range from INR 90,000 to 5 lakh INR depending on the
institution and infrastructure of the college/university.
|Name of College||Average Annual Fees|
|IIM Bangalore||18.5 Lakhs|
|IIM Ahmedabad||22.5 Lakhs|
|IIM Lucknow||23 Lakhs|
|IIT Kharagpur||23 Lakhs|
|IIM Kolkata||27 Lakhs|
|Parameters||MBA Logistics & Supply Chain Management||MBA Financial Management|
|Course Name||Master of Business Administration in Logistics and Supply Chain Management||Master of Business Administration in Financial Management|
|Course Overview||It is a two-year course that plans, implements and controls the flow of use of goods, services and other related information.||The MBA Financial Management is a two-year program focused on planning and managing financial resources in industry. It will help you to work in commercial bank, investment bank etc.|
|Course Duration||2 Years||2 Years|
|Course Level||Post Graduate||Post Graduate|
|Eligibility Criteria||Graduation with 50%||Graduation with 50%|
|Admission Process||Entrance exam/ interview||Entrance exam with group discussion/ personal interview|
|Course Fee||INR 5000 – INR 2 lakh||INR 10,000- INR 15 lakh|
|Career Prospect||Global logistic manager, operations director, international logistics manager, transportation manager, etc.||Chief financial officer, finance manager, investment banker, credit manager, senior financial analyst, management consultant, etc.|
|Average Annual Salary||INR 3 LPA - INR 12 LPA||INR 3.4 LPA - INR 18 LPA|
Top Colleges Providing MBA in Logistics and Supply Chain Management
|Name of College||Average Annual Fee (INR)||Location|
|University of petroleum and energy studies||INR 35,000||Uttarakhand|
|Lovely professional university||INR 57,750||Jalandhar, Punjab|
|Saveetha school of management||INR 1.4 lakh||Chennai, Tamil Nadu|
|VELS institute of science technology & advanced studies||INR 1.54 lakh||Chennai, Tamil Nadu|
|Jain university||INR 1.79 lakh||Bangalore|
|JSS Academy of higher education and research||INR 1.79 lakh||Karnataka|
|Karunya institute of technology and sciences||INR 2.39 lakh||Coimbatore, Tamil Nadu|
|DY Patil university||INR 4.2 lakh||Pune|
|BML Munjal university||INR 5.7 lakh||Haryana|
Jobs and Placements in MBA in Logistics and Supply Chain Management
A variety of positions are available after an MBA in logistics and supply chain management. Since logistics is an indispensable part of most industries, there are numerous job opportunities in other countries and the applicant will have no trouble finding a job anywhere in the world. Job opportunities for the MBA in Logistics and Supply Chain Management are wide-ranging and varied as there is a growing demand for qualified logistics and supply chain management professionals.
There are excellent employment opportunities for someone with an MBA in Logistics and Supply Chain Management as logistics management is an integral part of any industry. By reducing costs, corporate profits can be maximized. The average salary for MBA candidates in Logistics and Supply Chain Management ranges from INR 4 to 7.5 LPA. Job titles include:
|Top Recruiters||Job Profiles||Salary|
|Coca Cola||Manager, TI&SC - Supplier Management||INR 3 to 4 LPA|
|ITC||Logistics Executive||INR 7.4 LPA|
|Flipkart||Warehouse Manager||INR 7.5 LPA|
|Accenture||Team Lead/Consultant-Supply chain management||INR 11 LPA|
|Ola||Supply Chain Manager||INR 12.2 to 19.9 LPA|
The Government of India offers various positions for candidates to work in the logistics sector under the Government of India. The railroad offers great opportunities for those aspiring to a position in the public service. The average salary for MBA candidates in Logistics and Supply Chain Management ranges from INR 4 to 7.5 LPA. The MBA in Logistics and Supply Chain Management includes:
|Top Recruiters||Job Profiles||Salary|
|Central Railside Warehouse Company Limited (CRWC)||Executive - Logistics||INR 3.90 LPA|
|Central Medical Services Society (CMSS)||General Manager (Logistics & Supply Chain)||INR 4 LPA|
|NHM National Health Mission||Finance and Logistic Assistant||INR 5.27 LPA|
|Indian Navy||Logistics Officer||INR 15 LPA|
Top International Recruiting Companies who hire MBA in Logistics and Supply Chain Management graduates are:
6. Larsen and Toubro Ltd.
7. Anchor Electricals
8. Biomax Fuels Ltd.
12. Proctor and Gamble
Some of the famous expert avenues open to successful graduates of the MBA in Logistics and Supply Chain Management degree are indexed underneath with the corresponding salaries provided for the respective positions.
|Job Profiles||Job Description||Average Salary in INR|
|Logistics Consultant||A logistic consultant is a professional who assists companies by optimizing their supply chains and other operations, such as customer service and distribution.||INR 4,20,000|
|Field Sales Manager||A field sales manager is an individual responsible for selling products or services to a company's customers at locations outside of the company's office.||INR 19,00,000|
|Logistics Manager||Logistics Managers are professionals who are responsible for ensuring that the supply chain is efficient and effective throughout their organization.||INR 8,41,386|
|Supply Chain manager||The Supply Chain Manager coordinates, organizes, and oversees all activities involved in the identification, acquisition, production, and distribution of the company's goods.||INR 12,32,000|
Scope for MBA in Logistics and Supply Chain Management
57% of companies believe that better management of their supply chain and operations will allow them to continue growing their business. Risk-taking leaders will be able to lead and set new standards in emerging global business operations. Applicants with an MBA in logistics and supply chain management can find work in consulting firms, IT companies and even e-commerce.
The average salary for MBA graduates in Logistics and Supply Chain Management in India is INR 7.28 lakh per year. An MBA in Logistics and Supply Chain Management can earn you 12 to 13 lakh rupees annually. The increase in employment among logisticians is around 22%.
MBA in Logistics and Supply Chain Management: Career Prospects
An MBA gives you a good start in your career and opens up a wider range of opportunities for career advancement and the further development of your skills. Due to the growth of e-commerce, retail and manufacturing, there is a great demand for candidates with an MBA in Logistics and Supply Chain Management. To demonstrate in-depth industry knowledge, the MBA in Logistics and Supply Chain Management covers topics such as business operations, business geography, linear industry, operational and strategic problems, and implementation problems in supply chain performance measurement and modelling, logistics management, and the latest trends in supply chain management .
Students who have earned an MBA in logistics management can continue their studies with a doctorate in the same area, such as logistics management or supply chain management. By accepting a better-paying job, students can further deepen their knowledge.
(1). What are the
MBA in logistics and supply chain Fees in good B-school?
(2). Should I opt MBA
in Logistics and Supply Chain Management?
(3). Which are the
top entrance exams for MBA in Logistics and Supply Chain Management?
(4). Does MBA in Logistics
& Supply Chain has a good scope?
(5). Is MBA in
Logistics & Supply chain costly?
(6). Which are the
top colleges for MBA in Logistics & Supply Chain Management in India?
(7). What is the
admission process for MBA in Logistics & Supply Chain Management?
(8). What is the
highest MBA in Logistics & Supply Chain Management salary?
(9). What is the
average salary for an MBA in Logistics & Supply Chain Management?
(10). What are the
Eligibility Criteria for MBA in Logistics & Supply Chain Management?
(11). What is the
minimum CAT score to get admission to IIM?
(12). Is it
advisable to pursue MBA immediately after graduation or we can pursue it after
gaining some work experience?