If you have decided to do a Master in Supply Chain Management, you find yourself in the right place. In the next few paragraphs, we are going to share with you the 7 Best Masters in Supply Chain Management.
Also, we will cover the main topics related to supply chain management, but first, what is it? The definition of Supply Chain Management is the management of the flow of goods and services that help transform raw materials into final products.
Why study a Master’s in Supply Chain Management:
What can I do with a Master’s degree in Supply Chain Management?
After a Master’s in Supply Chain Management, you can, for example, keep track of inventory at distribution centres and track shipments for large corporations. You might also be asked to assist with the development of new communications or distribution networks. If you are keen on developing your management skills, then you can go further and faster up the corporate ladder.
What are the benefits of a Master’s in Supply Chain Management?
By doing a master’s in supply chain management you can get a comprehensive idea of how businesses operate. Studying supply chain management allows you to gain the opportunity to master the main objectives of a successful supply chain manager, learn how to develop a more effective supply chain to improve profitability and you also learn how to use logistics when you’re making decisions. The key goal of this course is to fulfil customer demands and improve an organization’s responsiveness.
Are supply chain jobs in demand?
More than ever before, more people now live in urban environments which require more demand for goods and services. Hence, it becomes necessary to maintain a wide-ranging network of communications and distribution. All of these processes require supply chain management. How? Well, these processes call for the scope of logistics, utilities, and materials handling; which is exactly what a supply chain manager does. After studying Supply Chain Management you can get a near-six-figure median wage of $92,460. Supply chain management jobs are growing at an average rate, and the Bureau of Labor Statistics (BLS) predicts a seven per cent increase in career opportunities, or 7,800 new jobs, over a decade.
the 7 best Masters in Supply Chain Management in Europe
MSc in Supply Chain Management at ALBA Graduate Business School
This programme at Alba Graduate Business School is 20 months long and it prepares students for a successful career in the world of Supply Chain Business and Logistics. You will learn how supply chain management combines all key business processes from original suppliers to end-users. This programme has 5 core modules and also one workshop at ALBA. Five months are spent in France Bordeaux at KEDGE Business School and 9 specialized supply chain modules are also located at KEDGE Business School in France. Tuition fees stand at €14,500 for both national and international students.
MSc in Global Supply Chain Management at KEDGE Business School
This Master of Science degree at Kedge Business School is a full-time programme. It prepares individuals to confront the challenges of a new era in business management. The course includes supply chain workshops, in-company consultancy and also a full-time internship. Overall tuition fees for all students stand at €19,000.
Master in Supply Chain Management at Jacobs University
Jacobs University’s 2-year Master in Supply Chain Management (SCM) aims to satisfy the demand for leaders capable of dealing with challenges related to highly interconnected and digitalized supply chains. The program trains students to deal with the complex challenges of Managing Supply Chains, using data analytics, data engineering and management skills. The aim is to provide the students with tools and insights on how high-performance and robust global logistics systems can be built and sustainably maintained. The curriculum includes the analysis of data-driven business processes, the ability to recognize the potential for change, as well as the design of change processes. Studying at Jacobs University takes place in a highly intercultural environment. The tuition fee is €20,000 per year.
MBA in Supply Chain Management at the University of Sunderland
This MBA at the University of Sunderland is a one year course which helps you develop a deep strategic understanding of supply chain management. This programme will help you to develop a deep strategic understanding of the different functions within organisations through the lens of supply and demand. You will learn how to apply the best of international management practices and understand how to implement approaches that deliver outstanding results. As well as a first-class education and a globally recognised qualification, you will also get the chance to make those crucial first networking connections with fellow students and graduates to establish links across the world. For international students, the tuition fee stands at £14,000.
M.B.A. in Global Supply Chain Management at Nottingham Trent University
This is a post-graduate course at Nottingham Trent University that lasts one year. This programme will help you broaden your knowledge of the principles and concepts underlying the strategic and operational performance of organisations. During this programme, you will be able to get experience on two hands-on projects, one within the UK and the other internationally. You will also develop global management skills and immerse yourself in a multicultural atmosphere. Nottingham Business School has both EQUIS and AACSB accreditation. They are also ranked in the top 95 European Business Schools in the Financial Times (FT). Tuition fees for both national and international students are £18,000.
MSc in Purchasing and Supply Chain Management at ESC Clermont Graduate School of Management
The MSc at ESC Clermont provides the concepts, methods and tools essential to the Purchasing and Supply Chain Management professions. Students have the opportunity to build concrete cases of international sourcing, from the research and assessment of potential suppliers to the costing of different scenarios. Expert professionals come to testify and share their experiences. The program is based on the ASCM (Association for Supply Chain Management)-APICS standards and prepares students for the APICS CPIM (Certified in Production and Inventory Management) certification recognized by companies worldwide.
Executive MBA in Supply Chain Management at ETH Zurich – Swiss Federal Institute of Technology
This MBA in Supply Chain Management at the Swiss Federal Institute of Technology helps solidify the theoretical-practical knowledge. Special attention is paid to help the students learn about management and adaptation of technological advances. Overall tuition fees for all students are €56,394.
Conclusion About The 7 Best Masters in Supply Chain Management
Day by day, Supply Chain Management is becoming a popular course among students. We hope that the information EDUopinions provided will help you to start a career in business and specialising in this particular field.
Editor’s note: This article was first published on the 22nd of January 2020. We’ve updated it for current readers in January 2021.