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MBA in Logistics - Career Prospects and Growth
Posted: Aug 01, 2021
Logistics Management is playing an integral part in supply chain management by providing an excellent service in dealing in physical goods depends. Over the past few years, logistics in India has seen an exponential augmentation in its services. India is witnessing that logistics management is playing a vital role in country’s development from the past ten years. Time has presented numerous opportunities in the logistic industries; therefore, MBA in Logistics is being very popular among the students around the country. MBA in Logistics is a management program that focuses on building skills in students for delivering customized logistic solutions. Students are trained to tackle challenges such as business value scope and scale, customer requirements and supply side innovation, service level and quality management etc. Those who complete MBA in Logistics become eligible to work as Logistic/Distribution Manager, Supply and Chain Manager, Procurement/Purchasing Manager, Warehouse Manager. Through this article, we are going to discuss about colleges/institutions offering MBA in Logistics, career option after completing the program and salary offered.
Top Colleges offering MBA in Logistics
Top Colleges offering MBA in Logistics
MBA in Logistics is a 2-year mater degree program offered in regular and distance mode. Candidates who have Bachelor’s degree in any specialization are eligible to apply for admission. In the table below, we are providing with the name of top institutes that offer the program along with their respective locations and program fees:
Name of Institute
City
Average Fee Charged
NITIE
Mumbai
INR 3,26,000 PA
IIM
Ahmedabad
INR 900,000 PA
IIM
Bangalore
INR 10,00,000 PA
Indian Institute of Logistics
Chennai
INR 154,000 PA
Indian Maritime University
Chennai
INR 200,000 PA
University of Petroleum and Energy
Dehradun
INR 375,760 PA
ILAM
Delhi/ NCR
INR 200,000 PA
IIMM
Bangalore, Chandigarh, Kolkata
INR 2,25,000 PA
Indian Institute of Logistics
Kochi
INR 154,000 PA
School of Business, University of Petroleum and Energy Studies, Dehradun
Dehradun
INR 1,377,800
ISB
Hyderabad
INR 30,25,750 PA
Career Option and Expected Salary after MBA in Logistics
The students who study Logistics and supply chain management have very bright future ahead. The skilled professionals are hired in the field of across E-commerce, Manufacturing, Retail, FMCG, Hospitality, Aviation and Shipping domains, etc. These industry demands professionals who have persuaded MBA in Logistics.
Job Position
Job Description
Average Annual Salary in INR
Logistic Managers
Responsible for completing supply chain operations, planning and forecasting for client and companies.
Entry level: 3,50,000 – 4,50,000 Median: 970,887
Warehouse Operation Manager
Responsible for handling commercial and industrial distribution centers and managing warehouse facilitation costs.
Entry level: 1,80,000 – 3,50,000 Median: 457,887
Logistics Consultant
Responsible for improving business performance through IT, business intelligence and strategic planning.
Entry level: 2,50,000 – 4,50,000 Median: 930,887
Transportation Manager
Responsible for supervising in-house or third party goods carrier systems. Monitoring expenses involved in end-to-end delivery.
Entry level: 1,60,000 – 3,00,000 Median: 672,625
Inventory Manager
Responsible for managing and taking care of company’s retail stock and raw materials. Inventory cost and management planning to ensure fulfillment of work orders on time.
Entry level: 1,80,000 – 2,50,000 Median: 532,987
Purchasing Manager
Responsible for all sale and purchase activities of the company, selecting suppliers, identifying global resources and managing relationships with the clients are key responsibilities.
Entry level: 2,90,000 – 4,60,000 Median: 714,557
This is all about the MBA in Logistics and Supply Chain Management. These stats will surely help you make a well-informed choice.
About the Author
I am an Educator, Counselor, Blogger! Explore the Advancements in the field of Management Education, I Take it utmost priority to guide the students looking to nurture their career in the field of Management studies.
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