If organization, planning, and financial security drives you, then consider one of the 10 Best Online Master’s in Supply Chain Management.
Those with previous experience in supply chain management can find increased salaries with a master’s degree, while those wanting to enter the field can stand out from the crowd. The majority of supply chain managers only have a bachelor’s degree, so those with a master’s will have more opportunity to move up into more senior positions and be looked at more favorably when applying to new jobs.
Continue to read about how a supply chain management degree could be the right move for you!
What Is an Online Master’s in Supply Chain Management?
Supply chain managers focus on getting items in one location moved to another, while minimizing wasted time and money. How hard can it be to simply relocate and move items? Well, today’s economies are complex, with goods shipped overseas and across countries frequently, making for a potentially complex and costly process. Students in an online master’s in supply chain management will learn how to handle these processes and save their employers money effectively.
Examples of some classes you’ll likely take while pursuing your supply chain management degree include Supply Chain Management Strategy, Logistics Processes & Management, and Logistics Quantitative Methods, among others.
How Much Can You Earn With an Online Master’s in Supply Chain Management?
Job security and high salaries are two of the perks of pursuing an online master’s in supply chain management. The most common job that graduates of SCM programs pursue is a career as a supply chain manager. Supply chain managers can expect to take home an average median salary of $107,480.
For those who want to pursue a career other than a supply chain manager you may want to consider a career as a purchasing manager or a logistics manager. Purchasing managers take home around $118,940, while logistics managers can bank on earning about $94,730.
What Is Required to Attend an Online Master’s in Supply Chain Management Program?
Earning that large salary and securing the job you’ve always dreamed about starts with getting accepted into an online master’s in supply chain management program.
Many of these online programs have similar admission requirements as they expect from their on-ground students. You can expect to turn in official transcripts from all schools you have attended, as well as an application packet that is specific to each school. These application packets may ask students to submit references, your resume or CV, and a sample of your writing. All these factors help the school gauge if you’re a good fit for their program.
What Are the Most Affordable Online Colleges?
OSR uses six data points: three school-wide and three program-specific. For school-wide, OSR uses student satisfaction, admission rates, and the number of programs the school offers online. For program-specific, OSR checks the median debt of graduates from that program, how many degrees are offered within that program’s umbrella department, and what percentage of students at that school graduated from that department.
The six statistics are displayed by each school. The sliding bar under each statistic represents how that school compares to other US institutions. “Not reported” means a school did not release that information to the US Department of Education. A more detailed description of the OSR process can be found on the methodology page.
Let’s take a look at the 10 Best Online Master’s in Supply Chain Management!