Best Online MBA in Supply Chain Management Programs
Rankings compiled by the BestColleges Ranking Team
If you are a logistical thinker who enjoys problem solving and management, you might consider pursuing graduate study in supply chain management. An MBA in supply chain management combines general courses in business administration with more focused classes in areas of procurement, transportation, global supply chains, and supply chain sustainability.
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The BLS projects 11% job growth for management analysts.
The total tuition required to earn an MBA in supply chain management varies widely, with most students paying $35,000-$85,000. Private schools usually cost more than public schools, and students eligible for in-state tuition typically pay less.
Most online MBA in supply chain management programs require 36-45 credits and take two years to complete. Some schools offer accelerated online MBA programs, which can help you earn your degree in less time.
Earning an MBA in supply chain management can prepare you for a career as a supply chain manager, logistician, management analyst, or purchasing manager, among other roles. The Bureau of Labor Statistics (BLS) projects that the number of logistician jobs could grow by 4% between 2019 and 2029. During the same period, the BLS projects 11% job growth for management analysts.
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What Is an MBA in Supply Chain Management?
Students earning an MBA in supply chain management take courses, such as strategic transportation management, supply chain logistics, and logistics systems and analytics. MBA students also learn about general business administration and finance.
Many programs provide students with work experience through internships. Several programs maintain strong industry ties, which may help students find work after graduating. Some MBA in supply chain management programs incorporate case studies, requiring students to think analytically about professional challenges in supply chain management.
When reviewing applications, admissions departments consider prospective students' work experience, undergraduate coursework, and other application materials. These materials may include GMAT or GRE scores, statements of purpose, and letters of recommendation from former employers, colleagues, or educators.
What Can I Expect From an Online MBA in Supply Chain Management Program?
Students pursuing an online MBA in supply chain management develop logistical, managerial, and critical thinking skills. Many programs offer a concentration in supply chain management but require that students also take general business administration and finance courses, which prepare students for diverse roles.
An online MBA program may offer you greater flexibility than attending classes on campus. However, before enrolling, consider the pros and cons of pursuing an online degree. Some MBA in supply chain management programs charge distance learners slightly higher tuition than those who attend classes on campus. However, many online MBAs cost as much or less than on-campus programs.
Example MBA in Supply Chain Management Courses
Supply Chain Logistics
Strategic Transportation Management
Logistics Systems and Analytics
Global Logistics Management
Management and Organizational Behavior
What are Admission Requirements for an MBA in Supply Chain Management Program?
Most online MBA programs in supply chain management require students to submit GMAT or GRE scores. However, several programs offer standardized test waivers to students with sufficient work experience or learners with a minimum 3.5 undergraduate GPA.
Some programs require minimum GMAT or GRE scores. From 2017-2019, the average GMAT score among all test takers was 564.84. Between July 1, 2017 and June 30, 2019, the average GRE score among those pursuing graduate study in business was 151 in verbal reasoning and 155 in qualitative reasoning, with an average score of 3.6 in analytical writing.
To perform your best on either the GMAT or GRE, study and prepare before test day. Students can access GMAT prep guides and learn more about the GRE online and through books and other resources at colleges and libraries.
Letters of Recommendation
Most MBA in supply chain management programs require students to submit letters of recommendation when applying. Consider asking college instructors, advisors, employers, or work colleagues for recommendation letters. A good recommender is someone who knows you in a professional capacity and can speak to your knowledge, abilities, and potential.
Many MBA in supply chain management programs expect applicants to have some professional experience in the field. Some programs specify that prospective students must have worked in supply chain management or a related industry for at least two years. Some schools waive standardized test requirements for students with five or more years of relevant work experience.
Graduate programs often require prospective students to submit an essay or statement of purpose. In your MBA application essay, consider discussing your career goals, what you hope to gain by earning your degree, and how you would contribute to the program if admitted.
Like an undergraduate application essay, an MBA application essay is an opportunity to demonstrate your writing ability and critical thinking skills. However, unlike a college application essay, an MBA application essay should provide detailed information about your work experience and specify your career goals.
Applicants must typically submit official college transcripts to prove their eligibility for graduate study. Prospective students can usually obtain these through their college or university registrar's office. Some programs only consider students with a certain undergraduate GPA.
In some instances, you may be able to transfer credits earned as an undergrad toward your MBA. Check your program's requirements to determine if any of your college credits are eligible for transfer.
What Can I Do With an MBA in Supply Chain Management Degree?
According to PayScale, the average salary for professionals with an MBA in supply chain management is $86,760. Directors of supply chain management are among the highest earners with this degree, making an average of $126,650 a year.
Earning an MBA in supply chain management can prepare you for careers in logistics, management, and purchasing. The BLS projects that the logistics profession could add 8,200 jobs between 2019 and 2029, a 4% increase. Management analysts are also in high demand, with a projected job growth rate of 11%.
Supply Chain Manager
Supply chain managers oversee all aspects of a supply chain, including the purchasing of raw materials, production of goods, and distribution of products to customers.
Median Annual Salary: $83,970
Management analysts review an organization's operating systems to make them more efficient. Management analysts with an MBA in supply chain management might focus on inventory control or another facet of the supply chain.
Median Annual Salary: $85,260
Purchasing managers oversee buyers and purchasing agents who procure goods for organizations to use or resell. Purchasing managers also develop policies and procedures for securing goods.
Median Annual Salary: $72,270
Demand planners anticipate an organization's supply needs and ensure the organization stocks an adequate inventory of goods to meet customer demand.
Median Annual Salary: $68,020
Supply Chain Management Not for You? Check Out These Related Careers.
Is an MBA in Supply Chain Management Worth It?
Although pursuing an MBA in supply chain management is a significant commitment, it may be worth the time, effort, and cost if it helps you advance in a career that is both profitable and fulfilling.
Supply chain professionals may want to earn their MBA to secure a pay raise or apply for senior industry roles. Earning an MBA can sometimes help project managers advance to supply chain management positions.
However, an MBA in supply chain management may not be the best choice for everyone. Some professionals may only need a basic understanding of how supply chains work to help them better understand its impact on their jobs and industry. In this case, earning a certificate in supply chain management may be sufficient.
Why Get an MBA in Supply Chain Management Instead of a Master's in Supply Chain Management?
Some schools offer master of science (MS) degrees in supply chain management, while others grant master of engineering (MEng) or master of applied science (MAS) degrees.
Earning an online MBA in supply chain management may be a good option for students who want to gain a broad understanding of business administration and finance while also developing expertise in managing supply chains. In contrast, an MS, MAS, or MEng in supply chain management may be a better option for those seeking training in data-driven management practices and data analysis.
You may be able to combine your MBA with another degree, such as an MS degree. Earning a dual degree can enhance your expertise and make you more competitive in the job market. Doing so may also save you time and tuition money, as credits earned in coursework could count toward both degrees.
Still Looking for the Right Fit? Discover Similar Programs.
How Do I Choose an MBA in Supply Chain Management Program?
Enrolling in an MBA program can be expensive, but it may be a worthwhile investment. According to The Wall Street Journal, 75% of MBA graduates switch careers, sometimes doubling their salary in the process. According to PayScale, the average annual salary for professionals with an MBA in supply chain management was about $86,000, as of August 2021.
Although many schools provide information on tuition and fees, the true cost of earning your MBA online depends on several factors. These factors include whether you are eligible for in-state tuition, the cost of textbooks and technology, and whether you need to work less to fit coursework into your schedule.
When choosing an online MBA in supply chain management program, consider whether you prefer synchronous or asynchronous online learning.
Synchronous programs require students to log in to classes at a specific time and tend to provide a more structured learning experience. Asynchronous programs allow students to complete coursework on their own schedule as long as they meet certain deadlines. Many programs offer a mix of synchronous and asynchronous delivery.
Students can also enroll in an online MBA in supply chain management program full time or part time.
There are several differences between full-time and part-time MBA programs. Earning your MBA full time can help you graduate sooner; however, working professionals may find it challenging to balance jobs and coursework. Attending school part time can offer greater flexibility, but it may extend your time to degree completion.
Online MBA programs allow you to earn your degree remotely; however, some supply chain management programs require students to visit campus for orientation or to fulfill other requirements.
Also, some programs allow state residents to pay in-state tuition, even if they attend classes online. As such, you may want to choose an online MBA program at a school near you, even if you plan to do most of your learning at a distance.
Many online MBA in supply chain management programs track graduate job placement rates Some programs place over 80-90% of students in jobs within a year of graduation. Others claim that many of their alumni receive raises or promotions. Several programs provide students with job-hunting resources, such as career guides and job search software.
When choosing an MBA in supply chain management program, make sure the school and program are accredited. Accreditation signals that a college or university has met standards for academic rigor. The top 5% of the world's business schools are accredited by the Association to Advance Collegiate Schools of Business. However, other agencies offer programmatic, regional, and national accreditation.
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Learn about start dates, transferring credits, availability of financial aid, and more by contacting the universities below.
2021 Best Accredited Online MBA in Supply Chain Management Programs
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Frequently Asked Questions About MBA in Supply Chain Management Programs
Is an MBA in supply chain management program hard to get into?
Some MBA in supply chain management programs maintain more extensive admission requirements than others. In fall 2019, the acceptance rate for prospective students applying to full-time MBA programs was 55.4%; however, this figure includes students not pursuing a concentration in supply chain management.
Are supply chain managers in demand?
How long does it take to get an MBA in supply chain management?
Most MBA in supply chain management programs require students to complete 36-45 credits, though some require 54 credits. Full-time students typically graduate within two years.
Is supply chain management a good career?
If you enjoy planning, organizing, and overseeing complex operations, you may find a rewarding career in supply chain management. Most professionals working in supply chain management earn a high annual income, and some roles are in high demand.
What are the highest-paying jobs I can get with an MBA in supply chain management?
Find the Tools You Need to Get Started on Your Degree
Krystal Covington, MBA
Krystal Covington, MBA, is a business growth strategist with 15 years of experience in marketing and public relations. Her company, Go Lead Consulting, provides clients foundational tools to build new client and customer relationships.
Covington founded Women of Denver, one of the largest privately held membership organizations in Denver, Colorado. Her program helps women increase their business acumen, sharpen leadership skills and connect with other high-achieving women. Covington received her MBA from Western Governors University in 2012.
Best Online Supply Chain Management Programs of 2022
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BestColleges.com is an advertising-supported site. Featured or trusted partner programs and all school search, finder, or match results are for schools that compensate us. This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site.
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