Updated on 14th June 2024 | 3:05 pm | #MBAinLogistics
MBA in Logistics and Supply Chain Management is a two-year course where students are taught to acquire all the skills and knowledge required to make logistics operations effective. Also, they will attain the ability to lead the supply chain. The course is framed in such a manner to facilitate students to obtain the requisite capability to manage logistics and supply chain systems complexly. Students willing to pursue this course must possess a bachelor's degree in any discipline from a recognized university or institute and have to appear for CAT/MAT/ XAT entrance exam respectively.
This program is offered by many reputed colleges like IIMs, Symbiosis Institute, and NMIMS. The average fee for this program is approximately Rs.5 lakhs to Rs.15 lakhs or above for different colleges. After completing this course, the students can become an organisation's supply chain, logistics or procurement managers.
An MBA in Logistics and Supply Chain Management program highlights are as follows:
|
Aspect |
Details |
|
Course Level |
Postgraduate (MBA) |
|
Course Name |
MBA in Logistics and Supply Chain Management |
|
Eligibility |
Minimum 50% in graduation or equivalent |
|
Entrance Exams |
CAT, MAT, XAT, GMAT, CMAT, ATMA, SNAP, NMAT |
|
Average Fees |
INR 5 lakhs to 15 lakhs |
|
Top Colleges |
IIMs, XLRI, Symbiosis Institute of Business Management, Narsee Monjee Institute of Management Studies, Indian Institute of Foreign Trade (IIFT) |
|
Job Profiles |
Supply Chain Manager, Logistics Manager, Operations Manager, Procurement Manager, Consultant |
|
Average Salary |
INR 6 lakhs to 12 lakhs per annum |
|
Top Recruiters |
Amazon, Flipkart, DHL, Deloitte, Accenture, KPMG, TATA Group, Reliance Industries, Infosys |
The eligibility criteria for MBA in Logistics and Supply Chain Management typically include:
The admission process for the program includes the following steps:
Several reputable colleges offer an MBA in Logistics. Here's a list of some top colleges along with their course fees:
|
Institution |
Course Fee |
|
Indian Institute of Management (IIM) Udaipur |
₹22,60,000 |
|
XLRI Jamshedpur |
₹30,00,000 |
|
SP Jain (SPJIMR) |
₹20,42,000 - 22,10,000 |
|
CII School of Logistics, Noida (Amity University) |
₹10,34,000 |
|
Mittal School of Business, LPU Phagwara |
₹9,76,000 |
|
Chandigarh University, Chandigarh |
₹5,22,000 |
|
University of Petroleum And Energy Studies, Dehradun |
₹15,72,000 |
|
Graphic Era Deemed to be University |
₹7,17,000 |
|
New Delhi Institute of Management |
₹11,50,000 |
|
Galgotias College of Engineering And Technology, Greater Noida |
₹2,20,000 |
|
Delhi School of Business |
₹9,75,000 |
Here's a semester-wise breakdown of the MBA in Logistics and Supply Chain Management syllabus:
|
Semester 1 |
Semester 2 |
Semester 3 |
Semester 4 |
|
Principles of Management |
Financial Management |
Procurement and Sourcing Management |
Global Logistics and International Trade |
|
Business Communication |
Organizational Behavior |
Transportation and Distribution Management |
Lean and Six Sigma in Supply Chain |
|
Managerial Economics |
Supply Chain Management |
Warehousing and Material Handling |
Information Technology in Supply Chain |
|
Accounting for Managers |
Logistics Management |
Demand Forecasting and Planning |
Elective Course 4 (e.g., E-commerce Logistics) |
|
Business Statistics |
Inventory Management |
Operations Management |
Elective Course 5 (e.g., Project Management) |
|
Marketing Management |
Elective Course 1 (e.g., Strategic SCM) |
Elective Course 6 (e.g., Quality Management) |
|
|
Elective Course 2 (e.g., SCM Analytics) |
Industry Project or Internship |
||
|
Elective Course 3 (e.g., Risk Management) |
Soft Skills Development |
In addition to these core courses, students have the option to choose elective courses based on their interests or specialization areas. The industry project or internship is often conducted in collaboration with companies to provide practical exposure and hands-on experience in the field of logistics and supply chain management.
Numerous business ventures have now started their own in-house storage facilities because of which the need for manpower to manage them has shown a drastic increase. Thus, MBAs in the supply chain are gaining popularity nowadays as the demand for supply chain managers has rapidly increased.
Here are some of the common job opportunities for professionals with an MBA in Logistics and Supply Chain Management:
|
Job Title |
Role Description |
Average Salary (INR per annum) |
|
Supply Chain Manager |
Oversees and improves the entire supply chain process, including buying and moving goods. |
INR 8-12 lakhs |
|
Logistics Manager |
Manages getting goods from place to place efficiently using transport and storage. |
INR 6-10 lakhs |
|
Operations Manager |
Runs day-to-day activities, makes processes better, and keeps the supply chain flowing. |
INR 7-11 lakhs |
|
Procurement Manager |
Buys goods, talks to suppliers, and makes sure things arrive when they're supposed to. |
INR 6-10 lakhs |
|
Inventory Manager |
Keeps track of how much stuff is on hand, reduces costs, and keeps supplies coming. |
INR 5-9 lakhs |
|
Supply Chain Analyst |
Look at supply chain data, predict demand, and give advice based on the numbers. |
INR 4-8 lakhs |
|
Logistics Coordinator |
Coordinates getting things where they need to go manages shipments and keeps things moving on time. |
INR 3-6 lakhs |
|
Consultant in SCM |
Offers big-picture advice and services to make the supply chain work better. |
INR 8-15 lakhs (varies by experience) |
Here are some top recruiters for MBA graduates in Logistics:
|
HDFC |
Toyota |
|
DHL |
FedEx |
|
Maersk Line |
Amazon |
|
Flipkart |
Deloitte |
|
Accenture |
Tata Consultancy Services |
|
Infosys |
Wipro |
The average fees for an MBA in Logistics can vary significantly depending on the institution, ranging from around Rs. 5 lakhs to Rs. 15 lakhs or more for the entire program duration.
The eligibility criteria generally require candidates to have a bachelor's degree in any discipline from a recognized university. Additionally, many institutions require a competitive score in entrance exams like CAT, MAT, XAT, or others.
Subjects commonly covered in an MBA in Logistics program include supply chain management, transportation management, inventory control, logistics strategy, operations management, and global logistics.
Typically, an MBA in Logistics is a 2-year program, although some institutions may offer variations in duration based on their curriculum structure.
Yes, logistics is important for the future as global trade and e-commerce continue to grow. Efficient supply chain management is essential for businesses to meet customer demands and optimize operations.