Supply chain management deals with the flow of goods and services between businesses and providers. This is an essential aspect of companies in a variety of fields and requires a wide variety of technical and soft skills. Supply chain management master’s degrees provide students with advanced skills to succeed in this role.
This article will include details about the strongest graduate degree programs to study supply chain management, as well as descriptions of some of the best careers in this field that this level of education can help you land.
What Is Supply Chain Management?
Supply chain management (SCM) consists of managing goods and services as they move from manufacturing to user consumption. Supply chain management professionals, or logisticians, participate in business management, supplier relationships, and sourcing, and generally monitor the entire production process.
What Is a Supply Chain Management Master’s Degree?
A master’s degree in supply chain management is a two-year advanced education program. These advanced degree programs are only available at certified private and public universities. Generally, students gain an undergraduate degree and have professional work experience before they move on to master’s programs.
A supply chain management master’s degree includes core courses and elective courses that cover complex content that you do not learn at lower educational levels. Supply chain managers with this degree are trained to be university professors, researchers, or top-tier workers in this field.
Supply Chain Management Master’s Degree Requirements
To enter a master’s program, you must have a bachelor’s degree in a field related to supply chain management. Some programs require a minimum academic average and entrance exams. To obtain the degree, you must complete between 36 and 54 credits, depending on the school and type of program.
How Much Does a Supply Chain Management Master’s Degree Cost?
According to the National Center for Education Statistics (NCES), the average tuition for a master’s degree in the United States is $19,314. This number will vary depending on the school and the format of the program. Often, online students have cheaper tuition costs than traditional students.
Supply Chain Management Master’s Degree Financing Options: How to Pay for Your Supply Chain Management Degree
There are several alternatives to pay for a master’s degree program. Many students apply for government or private loans to fund their studies. Many programs also offer scholarships based on academic performance. Schools often offer teaching positions to graduate students to help them finance their degrees.
Best Supply Chain Management Master’s Degree Programs and Schools: Overview
| School | Program | Accreditation |
|---|---|---|
| Arizona State University | Master of Science in Global Logistics | Higher Learning Commission (HLC) |
| Boston University | Master of Science in Supply Chain Management | New England Commission of Higher Education |
| Georgetown University | Master of Supply Chain Management | Middle States Commission on Higher Education |
| Lehigh University | MBA with a Concentration in Supply Chain Management | Middle States Commission on Higher Education |
| Massachusetts Institute of Technology | Master of Applied Science in Logistics | New England Commission of Higher Education |
| Michigan State University | Master’s In Logistics Management | Higher Learning Commission (HLC) |
| North Carolina State University | Master’s in Supply Chain Management | Southern Association of Colleges and Schools Commission on Colleges |
| Northeastern University | MBA with a Concentration in Operations and Supply Chain Management | Higher Learning Commission (HLC) |
| Purdue University | Master of Science in Global Supply Chain Management | Higher Learning Commission (HLC) |
| University of Southern California | Master of Science in Global Supply Chain Management | Western Association of Schools and Colleges (WASC) |
Best Colleges for Supply Chain Management: Top Supply Chain Management Master’s Degree Programs
If you want to be a professional logistician, then pay attention to the best supply chain manager programs on the market. Below you will find the description for each program as well as some details about each school.
Master of Science in Global Logistics | Arizona State University
Arizona State University offers a Master of Science in Global Logistics as part of its W.P. Carey School of Business. This supply chain management program will teach you everything about logistics with first-rate resources over two years. Topics include analysis of emerging markets, economic development, cross-cultural management, and global perspectives.
Master of Science in Supply Chain Management | Boston University
If you want to study in Boston, this supply chain management master’s degree is a great option. This BU program teaches you special skills like project and product management, as well as leadership skills. This program offers three specializations, namely analytics, logistics management, and risk management.
Master of Supply Chain Management | Georgetown University
Georgetown University is a school in Washington, D.C. This 33-credit program can help you start a career in supply chain management. The master’s degree covers the fundamentals as well as the most advanced techniques on the market. Subjects covered include planning, logistics, distribution strategy, and procurement management.
MBA with a Concentration in Supply Chain Management | Lehigh University
Lehigh University is a school-based in Bethlehem, Pennsylvania. Here, you can earn a Master in Business Administration with a special focus on supply chain management and logistics. The program covers topics such as transportation, supply and demand systems, and logistics management.
Master of Applied Science in Supply Chain Management | Massachusetts Institute of Technology (MIT)
MIT offers two alternatives for students interested in a supply chain management master’s degree. These include a Master of Applied Science in Supply Chain Management designed for students seeking to work in the industry, and a Master of Engineering in Supply Chain Management which is geared towards students focused on research and who wish to pursue a PhD.
Master’s In Logistics Management | Michigan State University
MSU is a school located in East Lansing, Michigan. This two-year program teaches students about supply chain logistics, operation strategy, integrated logistics systems, and advanced content in business and management. This degree program prepares students for supply chain management careers.
Master’s in Supply Chain Management | North Carolina State University
If you live in Raleigh, NC, you can enroll in NCSU’s Masters in Supply Chain Management. This advanced program is geared towards graduates or industry workers seeking to enhance their professional knowledge and open career opportunities. This degree will also teach elementary concepts of logistics, data modeling and processing, control systems, and technical skills.
MBA with a Concentration in Operations and Supply Chain Management | Northeastern University
Northeastern University’s MBA has a practice-oriented approach. In this program, you can learn about supply chain management, logistics, and business administration simultaneously. Courses cover topics such as transportation, supply chain operation, supply chain analytics, healthcare, and other fundamental topics to succeed in the supply chain management field.
Master of Science in Global Supply Chain Management | Purdue University
Purdue University is a school with a campus located in West Lafayette, Indiana. If you earn this Masters of Supply Chain Management, you will participate in lessons on all aspects of supply chain management to develop your contextual knowledge and problem-solving skills.
Master of Science in Global Supply Chain Management | The University of Southern California
USC’s Master of Science in Global Supply Chain Management has a hands-on approach. It offers students the chance to participate in two experiential trips to Singapore and Los Angeles, where they can interact first-hand with international supply chain hubs. Students are also required to participate in real-world projects that teach them to deal with complex supply chains.
Best Online Supply Chain Management Master’s Degree Programs and Schools: Overview
| School | Program | Accreditation |
|---|---|---|
| Arizona State University | Master of Science in Supply Chain Management | Higher Learning Commission (HLC) |
| Athens State University | Master of Science in Global Logistics & Supply Chain Management | Southern Association of Colleges and Schools Commission on Colleges |
| Charleston Southern University | Master of Science in Supply Chain Management | Southern Association of Colleges and Schools Commission on Colleges |
| Embry-Riddle Aeronautical University | Master of Logistics and Supply Chain Management | Southern Association of Colleges and Schools Commission on Colleges |
| Florida Institute of Technology | Master of Science in Supply Chain Management | Southern Association of Colleges and Schools Commission on Colleges |
| Fontbonne University | Master of Science in Supply Chain Management | Higher Learning Commission (HLC) |
| Georgia College & State University | Masters of Logistics & Supply Chain Management | Southern Association of Colleges and Schools Commission on Colleges |
| University of Alabama | Master of Science in Supply Chain and Logistics Management | Southern Association of Colleges and Schools Commission on Colleges |
| University of San Diego | MBA Concentration in Supply Chain Management | WASC Senior College and University Commission (WSCUC) |
| Wright State University | Masters of Logistics & Supply Chain Management | Higher Learning Commission (HLC) |
Best Colleges for Supply Chain Management: Top Online Supply Chain Management Master’s Degree Programs
If you want to study from home, check out our list of the top online supply chain management programs. Each program is accredited, offers optimized platforms that guarantee a quality education, and provides the necessary resources to help you advance your career.
Master of Science in Supply Chain Management | Arizona State University
This supply chain management online program provides you with all the resources you need to succeed in this industry. As an ASU student, you will learn about data modeling, purchasing and procurement, and administration. The school also offers professional training to help you secure work after graduation.
Master of Science in Global Logistics & Supply Chain Management | Athens State University
This advanced program is aimed at professionals seeking to improve their performance and technical skills. The curriculum includes inventory management, logistics preparation, sales, procurement, and transportation schemes. This program in supply chain management also helps you improve your leadership skills.
Master of Science in Supply Chain Management | Charleston Southern University
Charleston Southern University offers an online program on supply management dedicated to people with experience in this field. This degree teaches you a wide range of skills, from human personnel management to the most advanced technologies relevant for the job. Graduates of this master’s degree work for companies such as Volvo, Boeing, and NIWC.
Master’s Degree in Logistics and Supply Chain Management | Embry-Riddle Aeronautical University
ERAU offers online courses through their Worldwide & Online campus. Students learn about sourcing and procurement activities, international logistics, and supply chain strategy. This master’s degree prepares you for important certifications in the market, such as the Certified Supply Chain Professional (CSCP) and the Certified Professional in Supply Management (CPSM).
Master of Science in Supply Chain Management | Florida Institute of Technology
This FIT program allows you to work and study at the same time. The curriculum details supply chain practices to increase your technical skills in advanced supply chain planning. The course teachers have experience in the industry and know what it takes to land supply chain management jobs.
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Master of Science in Supply Chain Management | Fontbonne University
Fontbonne University offers a master of science in supply chain management in the business department of Eckelkamp College of Business and Professional Studies. The school has a special focus on administration and business resources. You will also learn about basic notions of marketing and social growth.
Masters of Logistics & Supply Chain Management | Georgia College & State University
This Georgia College graduate program is a quick completion online alternative that teaches the most useful and advanced resources in the supply chain management industry to help graduates stay competitive on the job market.
Master of Science in Supply Chain and Logistics Management | The University of Alabama
The University of Alabama in Huntsville offers an online master’s degree in logistics and supply chain management. Students will learn about analytical roles, technical resources, leadership, and advanced supply chain planning.
MBA Concentration in Supply Chain Management | University of San Diego
At the University of San Diego, you can access an MBA with a special concentration in supply chain management and related topics. This advanced program prepares students in leadership, marketing analytics, business analytics and digitalization, database development, and entrepreneurship.
Masters of Logistics & Supply Chain Management | Wright State University
At Wright State University, you can complete a master’s degree from home or at the Rike Hall School of Business, Ohio. This program offers resources that guarantee real-world experience with professors with expertise in the industry. To access the degree, you need to pass an entrance exam, have a bachelor’s degree in a related career, and have a minimum of two years of experience.
What’s the Average Supply Chain Management Master’s Degree Salary?
According to PayScale, a supply manager with a master’s degree earns $80,000 per year on average. Salaries vary depending on the state, company, level of experience, and responsibilities involved in the position.
Top Supply Chain Management Master’s Degree Jobs and Salaries: Overview
| Supply Chain Management Master’s Degree Jobs | Average Salary |
|---|---|
| Project Manager | $141,460 |
| Operation Manager | $125,740 |
| Operations Research Analyst | $86,200 |
| Financial Analyst | $83,660 |
| Logistician | $76,270 |
| Purchasing Manager | $66,690 |
| Cost Estimators | $66,610 |
| Market Research Analyst | $65,810 |
| Human Resources Specialist | $63,490 |
| Meeting, Convention, and Event Planner | $51,560 |
Best Supply Chain Management Master’s Degree Jobs Explained
Project Manager
- Average Salary: $141,460
- Job Outlook: 10%
- Number of Jobs: 316,800
- Highest-Paying States: New York, New Jersey, California, Virginia
A project manager evaluates, analyzes, and creates plans for production projects in a company or organization. These professionals work with human personnel and technology systems to develop work methods according to the company’s specific objectives. The job also involves evaluating budgets, training employees, and supervising the production process.
Operation Manager
- Average Salary: $125,740
- Job Outlook: 10%*
- Number of Jobs: 316,800
- Highest-Paying States: New York, New Jersey, California, Virginia
Operations managers supervise, coordinate, and plan activities in companies, government agencies, and organizations. Responsibilities include creating internal policies and production plans and monitoring financial resources.
Operations Research Analyst
- Average Salary: $86,200
- Job Outlook: 25%
- Number of Jobs: 104,100
- Highest-Paying States: Washington DC, New Jersey, California, Virginia
Operations research analysts recommend plans to help companies with the use of mathematical resources. These experts work with mathematics and data analytics to discover errors in production and offer efficient solutions according to the needs of each client. An operations research analyst collects information and advises managers.
Financial Analyst
- Average Salary: $83,660
- Job Outlook: 6%
- Number of Jobs: 492,100
- Highest-Paying States: New York, Washington DC, Massachusetts, Connecticut
A financial analyst recommends and evaluates investment proposals in the market. These specialists handle stock market concepts, sales, and market trends to offer professional advice during the investment process. One of their tasks is to send reports of results and projections to clients.
Logistician
- Average Salary: $76,270
- Job Outlook: 30%
- Number of Jobs: 191,000
- Highest-Paying States: Washington DC, Maryland, Alaska, Delaware
A logistician is a person in charge of verifying the production and distribution process of a product. These professionals are part of the logistics management of a company, guaranteeing processes for the distribution of equipment and supplements, transportation, and the purchase and sale of production materials.
Purchasing Manager
- Average Salary: $66,690
- Job Outlook: -4%
- Number of Jobs: 513,400
- Highest-Paying States: New Jersey, New York, Colorado, Washington DC
A purchasing manager evaluates the purchasing options for a company. These professionals are responsible for providing services and products for organizations or companies. Usually, purchasing managers also oversee sales teams and marketing strategies.
Cost Estimator
- Average Salary: $66,610
- Job Outlook: 1%
- Number of Jobs: 199,400
- Highest-Paying States: Washington DC, Massachusetts, Hawaii, California
A cost estimator uses data analytics resources to calculate specific expenses, time, and resources for a project. Most of these experts work in the manufacturing, construction, and automobile industries. On the other hand, cost estimators also offer private services to companies during new commercial agreements.
Market Research Analyst
- Average Salary: $65,810
- Job Outlook: 22%
- Number of Jobs: 740,900
- Highest-Paying States: Washington, New Jersey, Delaware, New York
A market research analyst monitors and evaluates market trends, creates data analysis strategies, and helps determine business objectives for a company. Research analysts are also in charge of presenting results to managing partners.
Human Resources Specialists
- Average Salary: $65,810
- Job Outlook: 10%
- Number of Jobs: 674,800
- Highest-Paying States: Washington DC, California, New Jersey, New York
An HR specialist must guarantee the emotional and job stability of all workers in a company. These professionals also direct and recruit workers for all positions in the company. In addition to dynamic management, HR specialists also organize each worker’s record, report complaints, and coordinate general wellness plans.
Meeting, Convention, and Event Planners
- Average Salary: $51,560
- Job Outlook: 18%
- Number of Jobs: 125,900
- Highest-Paying States: New Jersey, New York, Washington DC, Rhode Island
Event planners organize meetings, conventions, and meetings with clients. Planners must schedule social and professional events according to the needs of the company. These workers collaborate with other employees and HR specialists to create themed events, job meetings, job training, employment agreements, and much more.
*Job data from US Bureau of Labor Statistics report on advertising, promotions, and marketing managers.
Benefits of a Supply Chain Management Master’s Degree
- Career opportunities. Master’s degrees in supply chain management teach in-demand skills that help students land a wide range of high-ranking careers in multiple industries.
- Networking. Advanced degree programs are often taught by industry experts, and are a great opportunity to make connections with other people in the field that might come in handy later on.
- Higher salaries. Having a master’s degree in the field can help you negotiate for a higher wage and allows you to apply for advanced career opportunities.
- Specialized knowledge. A master’s degree program often teaches more specialized skills than an undergraduate program. This allows students to advance down a career path that fits their specific interests.
- Respected credentials. A master’s degree is one of the highest levels of education a person can obtain. Having such an advanced degree on your resume will help you stand out from the crowd during your job search.
Should You Get a Master’s Degree in Supply Chain Management?
Yes, you should get a Master’s Degree in Supply Chain Management if you are interested in advancing in the field beyond entry-level positions. This degree program will help you gain in-demand technical and soft skills that will ensure you have a successful career.
Supply Chain Management Master’s Degree FAQ
To sign up for a supply chain management master’s degree, you need a bachelor’s degree in a related field. In addition, each school may have specific requirements. You will likely need to pass an entrance exam and have a minimum academic grade to enter the program.
According to BLS, 24 percent of logisticians work in manufacturing. These professionals also work in federal organizations, technical services, wholesale trade, and company management departments.
Yes, this can be a demanding job. The level of difficulty depends on the specific responsibilities, the industry you work for, and your level of professional experience. Usually, a logistician must work with people and suppliers to guarantee the product’s life cycle. In addition, this work includes inventory management and business analytics.
The average cost of a master’s degree program is $19,314. Prices depend on the university and the type of program. Private universities often cost more than public universities, and online programs might come with cheaper tuition.
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