MBA in SCM (Supply Chain Management) / Operations is considered to be relatively less lucrative in India by MBA Aspirants, though not by the industry. Among the various reasons for such a perception among aspirants, the major reason is the dearth of awareness and correct information on Supply Chain as a specialization. This is the reason that a specialization which is highly valued in developed countries is undervalued among MBA Aspirants in India, leading to the shortage of effective Supply Chain graduates in Indian Industry.
What you learn doing MBA in Supply Chain Management?
During 2 years at B-School while pursuing MBA in Supply Chain, you will cover almost every aspect of business that has direct or indirect impact on top line as well as bottom line of any organization. Few of the major subjects in the curriculum of the specialization include Strategic Procurement, Business Process Re-engineering, Project Management, Material Management, Warehouse Management, Logistics Management, Distribution Network Optimization, Supplier Management, Enterprise Resource Planning etc.
There are very few B-Schools which cater to this requirement of industry. These B-Schools are certainly the ones that have achieved leadership in the specialization by making the curriculum even more interesting with some latest case studies of issues being faced by companies in Supply Chain especially in India, research projects with government, semi-government organizations and private companies, workshops and seminars that would facilitate students to understand the importance of the domain.
Go through few research papers and articles available online on Supply Chain as a career and you will observe that it is where the future lies. Remember, when we say Supply Chain it is not just the core operations part of it but the entire chain including all the entities. And this is the reason why there is a sudden rise in demand of Supply Chain consultants in India as well.
However, it is very important to select the appropriate B-School for pursuing MBA in the specialization as even the best of the colleges have not been able to establish the reputation which few others enjoy in the domain. So, if you wish to pursue MBA in Supply Chain Management, do not just go by tags but go by the brand value of college in industry for Supply Chain profiles.
Colleges known for MBA in Supply Chain Management
To facilitate the students to take correct decision, we bring to you a comprehensive list of top Management Institutes of the country which offer MBA in Supply Chain Management.
Here we go!!
- National Institute of Industrial Engineering (NITIE), Mumbai
- S.P.Jain Institute of Management and Research (SPJIMR), Mumbai
- Shailesh J. Mehta School of Management (SJSOM), IIT Mumbai
- Indian Institute of Management (Bangalore, Calcutta, Lucknow)
- Symbiosis Institute of Operations Management (SIOM), Nashik
- Department of Management Studies (DoMS), IIT Delhi
- Great Lakes Institute of Management (GLIM), Chennai
The Path Ahead
This is one of the very few career paths that are immune to recession or economic downturn. The major reason for this is that at such times, companies want to come up with innovative ways of cost saving and Supply Chain Consultants and managers in the domain play crucial role in achieving this by optimizing the processes.
Some of the most common profiles offered at B-Schools reputed for Supply Chain include Supply Chain Consultant, Supply Chain Manager, Procurement Consultant, Warehouse Manager, Distribution Manager, etc. (Read more: Job Profiles for MBA’s in Supply Chain Management) However, the general trend that has been observed is that you are recruited as Manager / Assistant Manager at the time of placements and exact entity in Supply Chain for which you would be responsible is allocated to you once you join the company, depending on your interest and opportunities available at the time of joining.
With this, we come to the end of this article. Stay tuned for more articles on various Career Opportunities. Also, please feel free to put forth in the comments what you would want to know about Supply Chain as a career and we would come up with articles covering those aspects as well.
Disclaimer: List of colleges is not in any ranking order. Colleges have been just grouped among tiers and there is no ranking provided within a tier. Placement of a particular B-School in a specific tier is only valid for Supply Chain Management and might change for other specializations.
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