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Online MBA in Supply Chain Management

Colleges | Scope | Courses | Eligibility | Admission

What is an Online MBA in Supply Chain Management?

“Amateurs talk strategy. Professionals talk logistics.”

Surely, General Omar Bradley had war in his mind when he said so. After all, he was a senior officer in the US Army that fought in the second world war. However, his statement holds its essence in a whole different context today which is – business. Pandemic disrupted life and also the supply chains and logistics of almost every business. Losses occurred and also the realisation that supply chain networking must be categorically strategised. 

Naturally, doing an Online MBA in Supply Chain Management at this juncture is not something an amateur will choose to do. General Omar Bradley would have definitely agreed with us on this! Such is the lucrativeness of supply chain management for businesses and anyone who is pursuing an education in it. 

In very simple words, supply chain management is the management of the movement of resources between various points in a business. The objective is clear: to produce and deliver a quality end product to the customer in a cost-effective manner. Clearly, an Online MBA degree in Supply Chain Management specialises in the study of supply chain networking and logistics. It is a two-year postgraduate course that discusses how supply chain management is a major determinant of a successful business. 

What is the Scope of an Online MBA in Supply Chain?

(Note: The fact below is not fictitious at all. It is based on a survey conducted by Ernst & Young LLP of the US.) 

When as high as 60 percent of senior-level executives all over the globe acknowledged that the strategic importance of supply chain management for a business has increased post-pandemic, then who are we to argue? We truly, strongly, absolutely agree that supply chain management and logistics are indispensable for the seamless working of a business. As a consequence, businesses need professionals with adequate knowledge and skillset and no one less than an MBA graduate in Supply Chain Management can fulfil this need. 

The points below will present a vivid picture of the factors that exponentially soared the scope of an Online MBA in Supply Chain:

  1. Covid Disruption: If we are going to talk about the scope of an Online MBA in Supply Chain, we can not begin without mentioning the Covid pandemic. The pandemic is the reason why supply chain management has come to the forefront. 
    The pandemic suspended movement. Transportation came to a standstill. Consequently, the disrupted flow of resources, as well as products, hampered the business ecosystem. Obviously, senior-level executives, that Ernest & Young surveyed, had to swallow the bitter fact that their supply chain networking is fragile and has to be worked upon. This magnifies the need for people who are experts in managing supply chain networking and only an Online MBA graduate in supply chain management can fulfil this need. 

  2. Tech Engagement:  It is no hidden truth that only technology can offer the much-needed resilience to supply chain networking. This is the only reason that more businesses adopted cloud technology to have the power to keep a real-time watch on the movement of goods and services and address any interruption on a timely basis.   Some businesses are eager to use ultra-modern technology like the Internet of Things (IoT), Artificial Intelligence, and  Augmented Reality to differentiate themselves in terms of supply chain management. This increasing technologisation of the supply chain is evident in the World Economic Forum report which stated that the digital transformation in the logistics industry will soar to a value of $1.5 trillion. A distance MBA graduate in supply chain management would know how to strategically modernise supply chain networking. 

  3. Ecological Footprint:  As unfortunate witnesses to the horrifying reality of climate extremities, people as consumers are undergoing a huge transformation. Keen to reduce their ecological footprint, consumers are consciously buying products and services that have been manufactured and delivered sustainably. 

    To cater to this large group of conscious consumers, businesses are undertaking ozone-friendly production. Eco-friendly warehousing, low-carbon transportation, and greener storage units are the initial steps toward a green supply chain and logistics. To successfully bring out this ecological metamorphosis, businesses need people with a deep understanding of supply chain management. A distance MBA degree in supply chain management can only provide so. 

  4. Government Support:  India fervently wants to step up in the Logistics Performance Index. Why will it not? The presence of an effective and integrated supply chain network reduces the cost of doing business in a country. It will, for sure, attract more and more people to run a business undertaking in India, accelerating the economic growth of India. 

    First of all, the government has devised National Logistics Policy to create a smooth, unified logistics network. To supplement this policy, it has planned to accelerate infrastructural evolution in the form of multimodal transportation and logistics parks. The National Logistics Law offers much-needed legal support to logistic development. With such absolute government support, any business can flourish only if it has the right minds to exploit the current situation. With an online MBA in Supply Chain Management, you can totally be that right mind. 

Distance MBA Supply Chain Management Eligibility Criteria

We are positively certain that you wish to enrol yourself right now, right here in an MBA degree in Supply Chain Management from distance learning mode. For your convenience, we have laid down below the eligibility criteria for admission into a distance MBA degree in Supply Chain Management:

  1. Bachelor’s: To get admission into an online MBA programme in Supply Chain Management, a candidate must have acquired graduation-level qualification in any field from a recognised institution. The candidate must have obtained a minimum of 50 percent score in aggregate. 
    Some educational institutions may mention that a candidate with any other equivalent degree can also apply for admission into the programme. The equivalent degree should be recognised by the Association of Indian Universities (AIU). 

  2. Entrance Exam: For the motive of admission into an online MBA degree in Supply Chain Management, an entrance exam is not mandatory. A candidate with adequate work experience can also apply for admission. 
    However, some educational institutions may demand that the candidate must have a valid score in the entrance exams conducted for the domain of management, such as CAT, MAT, XAT, GMAT, CMAT, etc. 

  3. Prior Work Experience: Some educational institutions may state that the candidate must have a work experience of a minimum duration. However, it can be stated that for candidates with over 50 percent marks at the graduation level, prior work experience is not mandatory.

Admission Process for Distance MBA in Supply Chain

The demand for a distance MBA degree in Supply Chain is on the rise, particularly now. Many educational institutions offer a dynamic MBA degree in Supply Chain Management through a distance learning mode of education and have streamlined the admission process.

To enable a candidate to get admission into a distance MBA degree in Supply Chain Management, the universities offer application processes in online as well as offline formats. The candidate has to fill in the application form, attach copies of the mandatory documents and pay the application fees via the given modes of payment. After careful examination of application forms, the educational institutions prepare a list of shortlisted candidates who are then contacted via mail.

The shortlisted candidates have to complete the admission process which includes verification of original documents. As soon as the documents are verified, the candidate has to pay admission fees.

  • Academics documents
  • Government ID proof
  • Work Experience
  • Passport size photographs

After the successful verification of the documents, the selected students have to pay the admission fee via varied modes of payment.

Online MBA in Supply Chain Management Syllabus & Subjects

Let us now understand what an Online MBA in Supply Chain Management comprises of. The degree is of a minimum of two years duration and is divided into four semesters. The first year teaches the fundamentals of the domain of management, whereas the second year puts emphasis on the specialised study of supply chain and logistics.

The following is a rough idea of the subjects that are covered in the distance MBA in Supply Chain Management:

SEMESTER-1 Semester - 2
Management Theory and Practice Business Communication
Organisational Behaviour Essentials of HRM
Business Economics Business Law
Information Systems for Management Strategic Management
Financial Accounting and Analysis Operations Management
Marketing Management Decision Science
SEMESTER-3 Semester - 4
Operation and Supply Chain Strategies Advanced Supply Chain Management
Supply Chain Management World Class Operations
Warehouse Management International Logistics & Supply Chain Management
Procurement Management Business Ethics, Governance & Risk
Total Quality Management Research Methodology
Enterprise Resource Planning Project

The University Grants Commission (UGC) offers sufficient autonomy to universities to design the syllabus for an online MBA in Supply Chain Management around a broad framework. You can check out further details about the universities on our website.

The following are the key subjects that are covered in the distance MBA programme in Supply Chain Management:

  1. Procurement Management: The subject of Procurement Management teaches you how the process of procurement of goods and services for the purpose of production takes place. It discusses the various contractual agreements signed between the organisation and its suppliers.

  2. Warehouse Management: The subject of Warehouse Management outlines the daily activities taking place in a warehouse. It also details the organisation of warehouse space, maintenance of records, and management of inventory. 

  3. Enterprise Resource Planning (ERP): Enterprise Resource Planning course discusses the various applications that streamline the multiple operations of a business entity. The software integrates and automates the operations of the different departments for better supervision and planning. 

  4. Logistics Management: The course of Logistics Management defines the planning and execution involved in laying the logistical network for the effective movement of goods and services within the business and to the consumer.

Online MBA in Supply Chain Management Fee Structure 2023

Every educational institution charges different fees for an online MBA in Supply Chain Management. You can take a look at them on our website. The average fee for a distance MBA course in Supply Chain Management is INR 1,20,000, whereas the range for the same is from INR 40,000 to INR 2,00,000.

Some educational institutions accept fees online as well as through offline modes of payment. You can also pay in lumpsum, or, if you want, in zero-cost installments. Some educational institutions also offer loans to provide financial assistance to their students.

Career Options after MBA in Supply Chain

Supply chain and logistics are not just part and parcel of a business, it is a complete industry itself. It acts as a linkage to the magnified growth of other industries. It is a reason enough that the logistics industry is estimated to rise to $380 billion by the year 2025 and you should pursue a distance MBA in Supply Chain Management. If you are someone with a bent towards business, we find no reason that you should not go ahead with this programme.

To help you arrive at an informed decision faster, we have encapsulated the top five industries that rely heavily on supply chain management:

  1. E-Commerce: As per the data on the website of the National Investment Promotion and Facilitation Agency, the Indian E-Commerce market is expected to reach $350 billion by 2030. The success of a business in this industry hinges on an integrated mish-mash of supply chains. From the procurement of material to the collection of the returned products, a well-laid logistical network (including reverse logistics) is required. We must not forget that maintaining an adequate inventory in suitable warehouses is as much critical as anything else. 

    Therefore, e-commerce businesses always have a high demand for expert professionals who can steer the logistical framework of their operations. An online MBA in Supply Chain Management can perfectly perform the role with the right acumen. 

  2. Fast Moving Consumer Goods (FMCG): The FMCG sector goods have blended into our lives, like salt blends in food. We do not notice it, but it is very much there and needed. It is reason enough for it to be one of the fastest-growing sectors. Its supply chain framework is extensive and is divided into five major operations: procurement, production, warehousing, transportation, and distribution.

    As the market for the FMCG sector is volatile due to fast-changing consumer behaviour, it has to have an agile supply chain. It makes it mandatory for it to have a supply chain that works on a real-time basis to keep track of consumer demands and inventory shortage/surplus. Consequently, the FMCG sector has a dire need for competent professionals with a deeper understanding of supply chain and logistics. You can land a lucrative job position in the FMCG sector if you have an MBA degree in Supply Chain Management on your resume. 

  3. Retail: If you are an online MBA graduate in Supply Chain Management and searching for a lucrative career role, then your search is over because you can find what you are looking for in the retail sector. Yes, the retail industry is currently a fast-growing industry, and banks heavily on flexible and responsive supply chain networking. 

    As seen currently, there is an upward rise in the small-sized retailers in the market. Because of their size, these retailers find it feasible and profitable to outsource their supply chain logistics to a third party. With people having sharp knowledge of logistics onboard, the retail sector can flourish in terms of profitability and market coverage.

Distance MBA Supply Chain Management Jobs & Salary

As already discussed, the scope of supply management is broad and diverse. You can land attractive job roles and handsome salaries when it comes to the aftermath of a distance MBA degree in Supply Chain Management.

Given below is the list of roles for you if you are interested in pursuing an Online MBA degree in Supply Chain Management:

JOB ROLE JOB DESCRIPTION
Supply Chain Manager Creates a supply chain strategy and oversees its implementation for effective delivery of an organisation’s end product. Looks after the availability of resources and maintenance of inventory.
Production Planning Manager Responsible for devising a production strategy to achieve cost-effective production. Takes care of the timely procurement of raw materials and the quality of the end product.
Supply Chain Analyst Responsible for gathering supply chain data and evaluating it to assure a seamless supply chain network and prompt delivery of goods/services.
Material Manager Supervises the procurement of quality raw materials at low costs. Assures that there adequate inventory of end products for timely delivery.
Logistics Manager Looks after the efficient and effective movement of raw materials and end products through the company supply chain. The aim is to provide timely delivery of goods/services to the end customers at the lowest cost possible.

The table below enlists the salaries that are offered against the following job roles:

JOB ROLE Average Annual Salary
Supply Chain Manager ₹ 12 Lacs
Production Planning Manager ₹ 11 Lacs
Supply Chain Analyst ₹ 6 Lacs
Material Manager ₹ 10 Lacs
Logistics Manager ₹ 8.5 Lacs

(Source: Glassdoor)

Best Colleges for Online MBA in Supply Chain Management

There is a huge demand for professionals who have a strong knowledge base in supply chain management. To meet this demand, there are a number of educational institutions offering a distance MBA degree in Supply Chain Management. They are given below along with the respective fees they charge:

College/ University Name
NMIMS Global Acces School for Continuing Education
Indira Gandhi National Open University
Lovely Professional University Distance Education
Chitkara University Centre for Global Education
Amity University Online
Centre for Distance Education, JAIN (Deemed-to-be University)
Dr. D.Y. Patil Vidyapeeth Centre for Online learning

You can check out these universities in further detail on our website.

Summary

Course Name Distance MBA in Supply Chain Management
Course Type Master’s Programme
Duration 2 Years (Minimum) - 4 Years (Maximum)
Mode of Learning ODL Mode (Open and Distance Learning)
Fee Structure Fee varies as per the institute. However, the average fee is INR 1,20,000 for the complete course.
Average Salary Offered 9.5 Lacs per annum. However, it varies in accordance with the job role, organisation, place, etc.
Employment Roles Supply Chain Manager, Production Planning Manager, Supply Chain Analyst, Material Manager, Logistics Manager
Examination Method Both Online and Offline, depending upon the University.

Top Distance MBA Colleges in India

Online MBA in Supply Chain Management (FAQs)

The minimum course duration for an online MA in Supply Chain Management is two years. But the duration can be extended to a maximum of up to four years. 

An MBA degree in Supply Chain Management has a wide scope in the current times. Businesses are eager to strengthen their supply chain networks for maximum profitability post-pandemic. Doing a distance MBA degree in Supply Chain Management can help you utilise this situation and land prestigious job roles in eminent organisations. 

No, an MBA degree in Supply Chain Management is not difficult. The degree teaches you the basics of management in its first year and delves into the details of supply chain management in the second year. 

 

By doing a distance MBA In Supply Chain Management, you can fill in dynamic job roles such as Supply Chain Manager, Production Planning Manager, Materials Manager, Logistics Manager, and Supply Chain Analyst. Besides, you can earn an average annual salary of 9.5 lacs per annum.

Yes, a distance MBA in Supply Chain Management is a worthy degree. It provides you with opportunities to obtain huge paychecks in significant job roles. Furthermore, there is a huge demand for competent personnel in the domain of supply chain management.

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