Selecting the right specialization for an MBA degree is a crucial decision and needs to be thoroughly reasoned while keeping in mind your interests and career ambitions. A Management degree offers an integrated business knowledge in the fields of Accounting, Human Resources, Operational Management, Marketing, and Accounting, amongst others. With MBA becoming a popular management program, there are plentiful specializations available in diverse streams such as International Business, Logistics, Entrepreneurship, Strategy, amongst others. For those wanting to pursue an MBA in Logistics, this degree program will equip them with the required knowledge and skills to promote a robust supply chain management. This blog brings you a detailed guide on MBA in Logistics, its scope, colleges, syllabus and more!
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This Blog Includes:
- What is MBA in Logistics Management?
- MBA in Logistics: Course Highlights
- Who Should Pursue MBA in Logistics?
- MBA in Logistic Management Popular Entrance Exam
- MBA in Logistic Management Preparation Tips
- MBA Logistics: Admission Process
- MBA in Logistic Management Fees Structure
- MBA Logistics Subjects and Syllabus
- Eligibility for MBA in Logistics
- MBA in Logistics Colleges & Universities
- Scope & Career Prospects of MBA in Logistics
- Scope of Higher Education After MBA in Logistics
- Skills That Make Students The Best MBA in Logistics Management
What is MBA in Logistics Management?
MBA in Logistics is a 2-year comprehensive postgraduate management program designed to match the skill set requirements of a broad spectrum of fast-moving business sectors. The diverse business domains of the Logistics Management program include inventory and transportation services, industrial supply and chain management, the e-commerce industry, and many more fast-growing industries. Logistics serves as a prominent department in many industrial and business domains ensuring the regulation of the flow of materials, services, cash, and products from the point of origin to the point of consumption in a structured manner. Product distribution, supply chain, inventory control, transportation management, and customer service are among the topics covered in the course. The course curriculum’s main goal is to teach students about the entire cycle of products distribution from supplier to buyer.
MBA in Logistics: Course Highlights
|Course Level||Post Graduate|
|Duration||2 Years (Full-Time or Distance)|
|Examination scheme||Semester System|
|Eligibility||Bachelor’s degree in any specialization|
|Admission Process||Management Entrance exam or Direct Admission|
|Course Fee||INR 90,000 to 5,00,000|
|Average Starting Salary||INR 4,00,000 to 7,50,000|
|Job Position||Logistics Manager|
Who Should Pursue MBA in Logistics?
The course is open to students who have finished their education and are interested in working in the maritime industry. Because this is an industry-specific curriculum, senior and middle-level managers or consultants working in domestic or international logistics systems can enrol in this course to enhance their skill sets and provide value to their businesses.
Here are the best Logistics Courses!
MBA in Logistic Management Popular Entrance Exam
For the MBA Logistic Management program, there are many standard state and national level entrance tests. The following are examples of frequent admission exams:
MBA in Logistic Management Preparation Tips
- Aspirants should demonstrate their commitment to learn new technologies and keep current in order to focus on MBA Logistics Management examinations and stand out. Process logistics management employs a variety of tools, techniques, and tactics.
- Get the whole course syllabus, construct a subject list, and set time limits for covering the material.
- Aspirants should utilize the internet properly and gather study resources, pdfs, ppts, and videos to fully comprehend their academic subject.
- Aspirants should utilize the internet properly to gather study resources, such as pdfs, ppts, and videos, in order to fully comprehend their academic courses.
- Meet the daily syllabi goal. Every day, you should study. Weekly practice exams are recommended. Keep up with the latest technological advancements.
MBA Logistics: Admission Process
Students may learn more about the MBA application process by looking it up on the internet. The student’s grades on regular admission tests determine whether or not they are admitted to the MBA in Logistics Management program. Many other deemed institutions and private colleges also administer university-level admission tests.
- National-level exams are often exclusively available through online portals. Online and offline applications are available for private colleges and deemed universities. After that, there is an admission exam, a group discussion, and a personal interview.
- Students are invited to a counseling session after receiving their entrance exam cut-off results. The overall weightage obtained by a student in the entrance exam, personal interview/group discussion, and academic achievement are used to determine admission.
MBA in Logistic Management Fees Structure
Top business institutions in India offer MBA programs in logistics management. The cost of an MBA in Logistics Management varies between INR 3 and INR 24 lakhs. Here are the top five college fee structures:
|Colleges||Total Fees Structure|
|Indian Institute of Management, IIM, Ahmedabad||INR 23 Lakhs|
|Indian Institute of Management, IIM, Bengaluru||INR 23 Lakhs|
|Indian Institute of Management, IIM, Kolkata||INR 23 Lakhs|
|Indian Institute of Management, IIM, Lucknow||INR 23 Lakhs|
|Indian Institute of Technology, IIT, Kharagpur||INR 23 Lakhs|
MBA Logistics Subjects and Syllabus
A Management degree introduces students to the principal concepts of Business Logistics, the association of logistics in other business functions, and the analytical models and principal tools used to support decision making in Logistics Management and build a robust supply chain and logistics architecture. Below we have elaborated MBA in Logistics syllabus in detail:
MBA in Logistics First Year Syllabus
|Operations Research||Financial Accounting|
|Cost Accounting||Business Statistics|
|Marketing Management||Business Communication|
|Human Resource Management||Managerial Economics|
|Organizational Behaviour||Business Environment|
MBA in Logistics Second Year Syllabus
|Warehousing and Inventory Management||Strategic Management|
|Custom Procedures||Supply Chain Management|
|Linear Trade||Port Terminal Management|
|Shipping Business Management||Total Quality Management|
|Port Agency||Transportation and Distribution Management|
An ideal course structure of an MBA in Logistics includes core subjects constituting the sphere of Supply Chain Management and Logistics. However, a few popular majors of the Management program are enlisted below:
- Logistics Information Systems
- Logistics Strategy
- Distribution Network Design
- Forecasting and Inventory Management
- Customer Service
- Import and Export Operations
- International Transportation Management
- Emerging Trends in Logistics
Eligibility for MBA in Logistics
The admission requirements of an MBA in Logistics does not specifically include an undergraduate degree in the related fields of Logistics and Supply Chain Management. Instead, most of international universities and business schools accept students with undergraduate degrees in any discipline from a recognized university. To apply for this MBA degree, you will have to submit GMAT/CAT/XAT/MAT scores for universities in India while GMAT/GRE are widely accepted at business schools around the world. If you are applying abroad, you will also have to additionally provide language proficiency scores of IELTS/TOEFL/PTE as well as an SOP and LOR.
MBA in Logistics Colleges & Universities
Many MBA colleges around the world offer programs in Shipping and Logistics. Let’s first take a look at the top colleges in the world offering MBA in Logistics:
|RMIT University||Master of Business (Supply Chain & Logistics)|
|Victoria University||Master of Business (Supply Chain Management)|
|University of Sunderland||Master of Business Administration (Supply Chain Management)|
|ESLSCA Business School||MBA in Logistics and Supply Chain Management (Program Taught in French)|
|International Graduate Center||International MBA Focus Logistic & Supply Chain Management (Dual Degree)|
|Lincoln University of Management and Business||MBA in Global Logistics and Supply Chain Management|
|Shippensburg University – John L. Grove College of Business||MBA in Supply Chain Management|
|Barcelona Executive Business School||MBA in e-Supply Chain Management (Taught in Spanish and English)|
|Esami Business School||MBA in Transport Economics and Logistics Management|
Top Colleges in India Offering MBA Degrees in Logistics
MBA in Shipping and Logistics is a great course for a freshman fascinated by cargo management. It generates skillful specialists for managerial roles in ports and shipping enterprises. Assembled here is a list of the top institutes in India offering MBA in Logistics with their respective locations and fees charged by each.
|Name of Institute||City||Average Fee|
|Indian Institute of Logistics||Chennai||INR 154,000|
|Indian Maritime University||Chennai||INR 200,000|
|University of Petroleum and Energy||Dehradun||INR 375,760|
|ILAM||Delhi/ NCR||INR 200,000|
|IIMM||Bangalore, Chandigarh, Kolkata||INR 2,25,000|
|Indian Institute of Logistics||Kochi||INR 154,000|
Scope & Career Prospects of MBA in Logistics
The advancements in science and technology have led to the global expansion of business thus increasing the complexity in various sectors. With growing demands in supply chain architecture trained business professionals in the discipline of Logistics Management can provide:
- Ultimate time-driven solutions to overcome the complexities of business
- Rectify the inefficiencies involved in logistics and supply chain management
- Proceed towards profitability.
Logistics Management is an integral part of Supply Chain Management and manages a structured flow of perceptible items including food, equipment, materials ranging from raw materials to finished products of various industries, and imperceptible items like time and information on the supplier as well as the customer’s side. A Management course in Business with a specialization in Logistics provides a strong foundation for students interested in careers in Distribution, Operations Management, Transportation, Marketing, and Procurement.
|Job Position||Job Description||Average Salary (INR)|
|Logistics Consultant||IT, business information, and strategic planning are all used to improve corporate performance.||Entry-level: 2,50,000 – 4,50,000 Median: 930,887|
|Warehouse Operation Manager||Responsible for controlling warehouse facilitation expenses and commercial and industrial distribution locations.||Entry-level: 1,80,000 – 3,50,000 Median: 457,887|
|Transportation Manager||Supervises in-house or third-party goods transportation networks. Keeping track of the costs associated with end-to-end delivery.||Entry-level: 1,60,000 – 3,00,000 Median: 672,625|
|Inventory Manager||The retail stock and raw materials of the firm must be managed and cared for. Inventory costs and management planning are used to guarantee that work orders are completed on time.||Entry-level: 1,80,000 – 2,50,000 Median: 532,987|
|Purchasing Manager||Key tasks include being responsible for the company’s wholesale and procurement activities, choosing suppliers, locating worldwide resources, and maintaining client relationships.||Entry level: 2,90,000 – 4,60,000 Median: 714,557|
|Logistic Managers||For clients and enterprises, responsible for completing supply chain operations, planning, and forecasting.||Entry-level: 3,50,000 – 4,50,000 Median: 970,887|
Scope of Higher Education After MBA in Logistics
Graduates can pursue a second MBA, an Executive MBA, or a doctorate in logistics management. Students can take research and development classes or work in any firm’s research and development department to improve their abilities while also raising the productivity of the company. Of course, following an MBA in Logistics Management, applicants may accomplish the following:
- M.Tech in Logistics Management
- Research in Logistics Management
- Project Management Professional
- NSE’s Certification in Financial Markets
- ISB Certificate Programme in Business Analytics
- Chartered Financial Analyst
- Financial Risk Manager Exam
- Personality Development Course
- SAP Course
Skills That Make Students The Best MBA in Logistics Management
To become the finest logistics manager, a few talents must be strengthened. Aspirants should assess their own strengths and limitations. Along with academic skills, it’s critical to concentrate on personal growth. It is more vital to work on one’s interpersonal skills in order to become the finest management leader. Aspirants to the top of the business administration job ladder should possess strong leadership skills. A few key MBA Logistics Manager talents are given below:
- Time management
- Analytical thinking
- Effective communication
- Instant thought process
- Leadership qualities
- Client relationship management
- Critical thinking and collaboration
- Computer science (Software/Hardware)
An MBA in Logistics allows successful postgraduates to find gainful employment possibilities in product-based enterprises. Enumerated here are some of the successful jobs offered to postgraduates in this field with analogous job descriptions and salaries.
The scope of an MBA in Logistics in India is conceivably one of the most popular MBA programs. The logistics industry relishes global outreach and the traces of it can be seen at every step of product manufacturing, from product making to product delivery.
Yes, logistics can be a high-pressure job since you have to monitor operations and supply chain management. You just need to be honest and accountable, and you can locate your way to advancement up the stairway.
The starting salary of an MBA in Logistics graduate is somewhere around 45,0000 INR and can increase as per your experience and skills.
The logistic enterprise is going through a time of accelerated and prodigious alteration. The prospect of logistics is paved with modernization and innovation.
Acquiring a degree in logistics will grant you the logistical and stock chain operations abilities that can result in many great paying professions. With a degree in this domain, you will have the qualifications and proficiency to compete for some of the most exciting professions in the nation.
Hence, pursuing an MBA in Logistics is highly recommended for aspirants desiring to explore managerial careers related to Supply Chain Management, Procurement and Distribution, and Logistics. You can always get in touch with our experts at Leverage Edu and we’ll guide you in selecting the right university for this MBA degree that will equip you with the right knowledge and exposure in this field.