Supply Chain Management Schools may enable students to study cross-functional links, logistics and resource allocation. Supply chain management involves forecasting, production planning, flow and process management, inventory management, customer deliver, sales support and more. Students could therefore study how to manage these chains of events with an eye to meet the requirements of consumers at the lowest possible cost, with the most accuracy, customer service, and safety.
Supply Chain Management Schools may award degrees at the Masters and Doctoral levels, as well as certificates. Most SCM programs cover both the technical and managerial skills needed to help improve the efficiency and effectiveness of business operations. Curriculums often take a view of how to solve complex challenges and make decisions about costs and benefits of the different activities.
On campus supply chain management (SCM) graduate programs could include a dynamic set of courses and interactive case studies. Students might learn through lectures, breakout sessions, and simulation assignments where they could work on teams and have face-to-face applied instruction with faculty.
Admission information could depend on the school and type of program you apply to. Most SCM graduate programs require a minimum education of a Bachelor's degree. Applicants may need to write a personal essay, prepare a CV, gather letters of recommendation, and submit GRE or GMAT scores. Students who plan to study abroad may need to apply (separately) for a government visa.
Universities with Master in Supply Chain Management programs might award a Master of Science (MS) or Master of Business Administration (MBA). A MS in SCM degree often has a technical focus, and could offer a broad course of study that factors in current issues that supply chain professionals contend with. An MBA might cover functional business and management topics with added courses in an SCM or logistics concentration.
A Master of Science in SCM degree program covers how to effectively manage supply chains and operations at an organization. Some programs could require students to complete about 30 credits, which might take a full-time student about two years. Curriculums could be divided into three sections: (1) foundation courses, (2) core courses, (3) enrichment courses.
Foundational material could discuss business analytics and supply chain strategies. Business analytics topics might include descriptive statistics and computer applications. A course in strategy analyzes business models in the global supply chain through topics such as supply risk management, operations, and logistics.
Core courses could form the bulk of the MS degree plan. Students may be required to take five required courses that could cover the topics listed below.
Enrichment courses typically speak to professional development—for instance, how to manage projects, and support a firm’s operations through purchasing, logistics and customer/supplier relations. To earn their degree, students may need to complete a research project or internship.
A Master of Business Administration in SCM could help students refine their overall grasp of managerial themes. Some programs entail about 36 to 48 credits, and could take about two years to complete. To earn their MBA, participants could be required to complete a management capstone. Curriculums tend to be divided into two sections: (1) core business topics, and (2) emphasis track.
Core MBA courses could vary between supply chain management schools. The topics that follow are some examples.
Emphasis tracks could include supply chain management or logistics for different environments (e.g. military, government or private sector).
A PhD in Supply Chain Management is a terminal research degree that focuses on research and instructional skills. PhD students in supply chain management often explore the foundations of economics, operations management, logistics, marketing, and information technology. Their goal is usually to produce a publishable research paper by the end of their studies.
A Graduate Certificate in Supply Chain Management could provide students with a stand-alone credential as well as potentially transferable credits to their university’s Masters program. Usually, a certificate entails fewer courses and a singular theme. Therefore, students may need to complete about 12 credits to earn their certificate.
Curriculums could offer a broad introduction to the strategic framework, issues, and methods used to integrate supply and demand. Course topics might also discuss performance metrics, forecasting, inventory, ethics and strategy.
Supply chain management schools may be regionally accredited. Institutional accreditation could assure students that a university has met or exceeded quality standards for faculty, services and its finances. Some individual SCM graduate programs may also be professionally approved. This may be through an agency such as The Accreditation Council for Business Schools & Programs (ACBSP) or The Association to Advance Collegiate Schools of Business (AACSB).
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Massachusetts Institute of Technology
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