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 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, INR 2,25,000 PA Kolkata Indian Institute of Logistics Kochi INR 154,000 PA 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 program 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: Logistic Managers Job Description: Responsible for completing supply chain operations, planning and forecasting for client and companies. Average Annual Salary in INR: Entry level: 3,50,000 – 4,50,000 Median: 970,887 Job Position: Warehouse Operation Manager Job Description: Responsible for handling commercial and industrial distribution centers and managing warehouse facilitation costs. Average Annual Salary in INR: Entry level: 1,80,000 – 3,50,000 Median: 457,887 Job Position: Logistics Consultant Job Description: Responsible for improving business performance through IT, business intelligence and strategic planning. Average Annual Salary in INR: Entry level: 2,50,000 – 4,50,000 Median: 930,887 Job Position: Transportation Manager Job Description: Responsible for supervising in-house or third party goods carrier systems. Monitoring expenses involved in end-to-end delivery. Average Annual Salary in INR: Entry level: 1,60,000 – 3,00,000 Median: 672,625 Job Position: Inventory Manager Job Description: 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. Average Annual Salary in INR: Entry level: 1,80,000 – 2,50,000 Median: 532,987 Job Position: Purchasing Manager Job Description: Responsible for all sale and purchase activities of the company, selecting suppliers, identifying global resources and managing relationships with the clients are key responsibilities. Average Annual Salary in INR: 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.
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