Online MBA in Supply Chain Management

Online MBA in Supply Chain Management is a 2-year postgraduate program in which students learn about managing the flow of goods and services from one end to another. The course involves deeply studying various aspects such as supply chain management, transportation, and distribution.

The Universities that offer Online MBA in Supply Chain Management courses have been monitored, and regulated, and all the standards maintained by a government body named “University Grants Commission (UGC)” under the Department of Higher Education, Ministry of Education, Government of India, which is set up in accordance to the UGC Act 1956 having an autonomous institute “The National Assessment and Accreditation Council (NAAC)” established in 1994 which access and accredit these “Higher Education Institute (HEIs)” and, mandate quality and standards.

With developing technology and necessity there is upgradation in the Education system for society’s betterment, mainly after Covid-19, Online Course grabs attention. Its demand leads many top universities in India to offer Online MBA in Supply Chain Management courses which makes it easy for working professionals and remote students to seek an MBA degree with the help of technology and an Internet connection at in affordable cost.

History of Online MBA in Supply Chain Management

Supply chain management was first traced during the Industrial Revolution. The necessity of managing resources and distributing them accordingly in production leads to this management name. In the early 20^th century, Frederick Winslow Taylor and Henry Ford began principles of scientific management and mass production for efficient manufacturing and material flow.

Between the 1950s and 1960s, management of the supply chain emerged as a key function in strategic management, manufacturing, and distribution. Between the 1980s and 1990s, the term Supply chain started to gain attention. Globalization and Interconnection due to the development of technology help in gaining more attention to supply chain management which leads business schools to offer an Online MBA in Supply Chain Management which later is offered as an Online Education specialization.

Benefits Online MBA in Supply Chain Management

• Flexibility:

Online programs allow students to manage their studies with work and personal situations. Courses provide flexibility to working professionals who cannot attend full-time course programs.

• No geographical barriers:

Students can access courses anywhere, eliminating the need to relocate or commute to a specific location.

• Specialized Knowledge:

An MBA in Supply Chain Management provides in-depth knowledge of logistics supply, operations, purchasing, and inventory management, which is critical to success in this field.

• Industry-relevant curriculum:

The course syllabus is designed in consultation with industry experts, ensuring that students learn the latest trends, and technologies and get experience.

• Networking opportunities:

Online programs often include opportunities to connect with colleagues, professors, and industry professionals through virtual events, discussion boards, and online communities.

• Global perspective:

Many online programs have a diverse group of students from around the world, providing insight into international supply chain practices.

• Lower Tuition and Costs:

Online programs generally have lower tuition fees than traditional campus programs, and students save on commuting, transfer, accommodation, and other cost.

• Continue to work:

Students are able to continue to work while studying, they can maintain their income and professional relationships, which offsets the cost of the program.

• Leadership and Management:

MBA programs often include courses in leadership, strategic management, and decision-making to prepare students for managerial roles.

• Technological proficiency:

Learning management systems and virtual collaboration tools enhance students’ technological skills, which are critical in today’s digital supply chains.

• Career Switching:

An online MBA supply chain provides the necessary knowledge and credentials for those looking to transition from other fields to supply chain management.

• Internship and placement support:

Some online programs offer internship assistance and career placement services to help students secure relevant roles in careers.

• Enhanced credibility:

Holding an MBA in Supply Chain Management from a prestigious institution can enhance your credibility and open doors to higher-level positions.

Top Colleges in India that offers Online MBA in Supply Chain Management

There are different types of modes for pursuing a degree Online MBA in Supply Chain Management program, with their benefits and functions, The Top Colleges offering these programs are:

• Jain University, Bangalore
• Manipal University, Jaipur

Cost of Online MBA in Supply Chain Management in India:

Pursuing an Online MBA in Supply Chain Management in India average course fee is in the range of 1,70,000 INR to 1,75,000 INR.

Syllabus

Elective subjects are classified according to specialization choice.

Eligibility

• In India, there are different methods and entrance exams of admission in different Universities and Institutions but to pursue a degree of Online MBA in Supply Chain Management, students must have a minimum qualification of 3 years of Bachelor’s degree or in the final year of a bachelor’s course.
• Students must have 50% aggregate marks or above in the general category while 45% aggregate marks or above in the reserved category to pursue the degree of Online MBA in Supply Chain Management.
• Criteria may vary according to the choice of institute and University.
• Students require the following essential documents:

1. Aadhar Card
2. 10^thMarksheet
3. 12^thor Equivalent Marksheet
4. Graduation Marksheet(if you have)
5. University/Institute Transfer Certificate
6. Migration Certificate
7. Caste Certificate(If required)
8. Any other degree Certificate(If you have)

Admission Process

Easy and flexible process, students do not need to present at any Institute or University, they just have to go to the University website, fill out the application form on the portal, select Online MBA in Supply Chain Management, and upload all the necessary documents along with it.

Books for MBA in Supply Chain Management in India

• Supply Chain Management: Strategy, Planning, and Operation by Sunil Chopra and Peter Meindl
• Logistics and Supply Chain Management by Martin Christopher
• Operations Research: An Introduction by Hamdy A. Taha
• Purchasing and Supply Chain Management by Arjan J. van Weele
• Introduction to Operations and Supply Chain Management by Cecil B. Bozarth and Robert B. Handfield
• Supply Chain Management: A Logistics Perspective by John J. Coyle, C. John Langley Jr., Brian Gibson, and Robert A. Novack
• Operations Management by Nigel Slack, Alistar Brandon-Jones, and Robert Johnston
• Strategic Supply Chain Management: Concepts, Theories, and Practices by Paulraj Ponnambalam
• Global Logistics and Supply Chain Management by John Manga, Chandra L. Lalwani, and Tim Butcher
• Supply Chain Management: Concepts, Techniques and Practices by G.Ganesh Das

Scope of MBA in Supply Chain Management in India

• Supply Chain Manager: Responsible for overseeing the entire supply chain process from procurement to delivery.
• Logistics Manager: Focuses on the transportation, storage, and distribution of goods developed by logistics management course.
• Operations Manager: Manages the day-to-day operations of the company, including supply chain efficiency.
• Purchasing Manager: In charge of sourcing goods and services for the company, negotiating contracts, and managing supplier relationships.
• Inventory Manager: handles the monitoring and control of inventory levels to ensure optimum stock levels.
• Consultant: Works with firms to improve their supply chain processes and efficiencies.
• Warehouse Manager: Manages the storage, handling, and movement of goods within the warehouse.
• Demand Planner: Analyses current and past market trends and plans accordingly to complete market demand for products.
• Supplier Relationship Manager: The person builds and manages relationships with suppliers to ensure the quality of the product and its improvement time-by-time.
• Quality Control Manager: The person ensures that the products meet quality standards from retail to consumer processes.
• Manufacturing: Automotive, pharmaceutical, FMCG (Fast Moving Consumer Goods), electronics, and other industries depend heavily on efficient supply chains.
• Retail: Companies like Amazon, Flipkart, Reliance Retail, and others need strong supply chains to deliver products to their customers.
• E-commerce: With the boom in the e-commerce industry, there is a constant need for supply chain professionals to manage distribution and logistics.
• FMCG: Fast-moving consumer goods companies need efficient supply chains for perishable goods.
• Pharmaceutical manufacturing: The nature of the products of the pharmaceutical industry requires stringent supply chain management.
• Consulting firms: Companies like McKinsey, BCG, Deloitte, and others often hire supply chain experts to advise their clients.
• Logistics Companies: Companies like DHL, FedEx, and Blue Dart, require skilled professionals to manage their operations, especially in Mba logistics-related fields.

Salary after MBA in Supply Chain Management in India

MBA in Supply Chain Management online opens opportunities in various sectors and organizations in different professions with different positions. The average salary after an MBA in Supply Chain Management in India is in the range between 4LPA to 20LPA.

Other Specialization of Online MBA

Other Mode of MBA in Supply Chain Management in India

MBA in Supply Chain Management is categorized depending upon the mode of education, there are several other modes except Online MBA which include:

• Regular Courses:

Regular MBA in Supply Chain Management Courses are offered by a wide variety of Universities and Institutions that offer regular 2-year post-graduate courses, divided into four to six semesters in MBA, they provide placement in top companies across the world having an average cost of pursuing a regular MBA in Supply Chain Management in India is INR 5LPA, It varies depending upon University and Institute. Pursuing a full-time MBA in Supply Chain Management in India is between 2,00,000 INR to 25,00,000 INR depending upon the Institute or University.

• Distance Courses:

By visualizing market demand many University provides distance courses in MBA in Supply Chain Management in India which is designed to provide ease to working professionals to seek an MBA in Supply Chain Management degree along with Jobs to grow in their career and achieve life goals having pursuing cost is around INR 2LPA in India. The fees of pursuing a part-time MBA in Supply Chain Management in India are in the range of 40,000 INR to 1,50,000 INR depending upon the Institution’s choice.

• 1 Year Courses:

It is gaining popularity in recent times, mainly by working professional who needs master business degree management programs in Supply Chain Management for career development and promotion. So they can seek an MBA in Supply Chain Management degree while working and advancing in their life and salary in a one-year program.

Colleges for Supply Chain Management in India

Indian Institute of Management (IIMs):-

The Indian Institute of Management (IIMs) is India’s top Management Business School in India that offers an MBA in Supply Chain Management course which is established by the government, based on the recommendation of the Planning Commission of India, which offers 2-year MBA programs in Supply Chain Management having fees is about 21 lakhs to 27 lakhs for 2-year post-graduate program depending upon Institute and specialization.

• Private University:-

There are several other Central and state government-owned Universities, IITs, and NITs which provide degrees in MBA in Supply Chain Management by entrance exams. There are also several other Universities providing MBA in Supply Chain Management courses in India, and all these universities are UGC recognized as having good NAAC ratings with good facilities, professors, teaching tools, and technology. Above these are categorized based on Authorization while,

Popular Exams for Admission in Top Universities in India

• CAT (Common Admission Test)

It is a very famous MBA in Supply Chain Management entrance exam in India conducted by the Indian Institutes of Management, which notification comes in the month of July-August for admission in top university based on the result of this examination.

• GMAT (Graduate Management Admission Test)

Graduate Management Admission Council conducts the Graduate Management Admission Test for admission to an MBA in Supply Chain Management for national and foreign institutes where Candidates can appear 5 times a year for this test.

• XAT (Xavier Aptitude Test)

Xavier School of Management, Jamshedpur conducts the XAT exam in January for admission to an MBA in Supply Chain Management, which is accepted in many management universities and institutes.

• MAT (Management Aptitude Test)

All India Management Association conducts the popular national-level entrance exam MAT for admission to an MBA in Supply Chain Management in different Management institutions and Universities across India which is conducted 4 times a year, i.e. February, May, September, and December.

• CMAT (Common Management Admission Test)

National Testing Agency conducts the popular national entrance test CMAT for admission to top Universities in April for pursuing an MBA in Supply Chain Management.

Conclusion

Supply Chain Management is a way of managing resources, production, and distribution in an organized way from small-scale production to large-scale production. Management in Supply Chain Management course offers a flexible and affordable way for students to learn and develop in career in this sector. This article aims to help students acknowledge Online Supply Chain Management courses and Universities, and their benefits in different sectors and organizations with better present and future scope all over the world within the top organizations and helps in financial growth, skills, and many more.