MBA in Logistics Management
Master of Business Administration (MBA) in Logistics Management is a two-year post-graduate course under management studies that deals with Logistics and Business Administration. It explores a wide range of concepts such as inventory control, production distribution, transportation management, business statistics, managerial economics, financial management, international trade, human resource management, business ethics, and so on.
It isnt required that the graduate ought to have more prominent specialized information on accounting and statistics to pursue this course. Logistics management and Supply Chain Management are a portion of the vital regions in any creation based or item based organizations, and subsequently, this makes a more extensive extent of open positions for graduates.
MBA Logistics Management prepares the students to be good for work in the market with applicable abilities and information in Logistics, the executives, Import, and fare, store network the board, etc. MBA Logistics Management schedule incorporates accounting, strategic administration, financial administration, statistics in coordinations and travel, communication and soft skills
Logistics Management is known for it’s in the zone of creation and supplies wherein business the board is managed. Students are educated to plan, actualize and manage projects and administrations in an inventory network office and inventories that straightforwardly influence the business. The course prepares them to oversee everyday assignments of stock administration, calculated details and furthermore encourages them to actualize productive techniques for improving coordination with the board.
Logistics Management is quite possibly the most requested area of the board and will be failing to see a decrease for quite a long time to come attributable to the significance of calculated administration in different creation-based organizations. Attributable to its more prominent interest and its significance, graduates are guaranteed of higher procuring potential as years cruise by. MBA Logistics Management and Supply Chain the executives incorporate a few reasonable meetings alongside hypothetical meetings which empowers the understudies to investigate continuous situations looked by well-known Logistics organizations. Inferable from their more prominent significance in any creation based organization and other assistance based organizations, theyre regularly offered worthwhile compensation scales.
Eligibility
The eligibility criteria for the MBA in Logistics Management course is given below -
- The competitor probably finished a four-year college education course of least 3 years length from a perceived college.
- The up-and-comer more likely than not got at least 45% total imprints (differs by the school and class of an applicant) in the passing degree course.
- Up-and-comers from any scholastic stream are qualified to apply for this course.
- A few schools may likewise require or incline toward possibility to have important work insight for this course.
Course duration
The course duration for the MBA in Logistics Management course is 2 years. The course curriculum is divided into six semesters. The duration of each semester is six-months long.
Why an MBA in Logistics Management?
- It will give you to learn inside and out about the elements of coordination and production network.
- It assists with understanding the public and global business sectors.
- It is a powerful industry and it is across the world these days.
- Up-and-comers can be a piece of item assembling to item conveyance.
- Open positions for MBA in coordination and production network the executives will be production network supervisor, calculated organizer, a business chief, business director, and so forth.
- MBA in Logistics Course is a 2-year program which in all incorporate arranging, executing and controlling the materials.
- Logistics implies an organization of transportation of data. It includes the matter of stock, client assistance, stockroom, stockpiling, supplies and so on
- This course causes an understudy to learn insight in arranging, executing and overseeing matters with respect to transportation and products and administrations. They apply procedures and settle on essential choices for their work.
- This program causes the contender to adhere to their arrangements and the worker adds to the organizations prosperity and they give the greatest fulfilment to the clients.
Who is this course for?
Intrigued up-and-comers who have finished their graduation and are keen on working in the delivery area may pick the course. Since this is an industry-explicit program, senior and centre level administrators or experts working for homegrown or global calculated frameworks can likewise apply for this course to add to their ranges of abilities and incentive to their associations.
This course is ideal for students who possess the following skillset -
- Time Management.
- Undivided attention.
- Basic Thinking.
- Judgment and Decision Making.
- Solid correspondence, coordination and arrangement.
- Framework assessment and Analysis.
- The executives of material and monetary assets.
Admission process
- The admission for this course is done based on selection tests. Competitors need to show up for tests, for example, CAT, XAT, GMAT, CMAT and so forth or a selection test directed by their school.
- Competitors should fill the application types of their school and give all the vital subtleties including their placement test scores.
- Institutions discharge cutoff and waitlist competitors who have gotten the necessary score or rank in the passing test.
- Shortlisted competitors are then needed to experience the determination cycle of their school. This determination cycle may incorporate a composed test, bunch conversation and individual meeting.
Selection process
Many colleges/universities select students depending on their merit. There will be a personal interview round and group discussion round for the shortlisted candidates. Candidates who pass these rounds will be selected for the MBA in Logistics Management.
Syllabus
- Linear Trade
- Business Environment
- Human Resource Management
- Port Terminal Management
- Transportation and Distribution Management
- Total Quality Management
- Organizational Behaviour
- Marketing Management
- Business Statistics
- Cost Accounting
- Warehousing and Inventory Management
- Operations Research
- Strategic Management
- Port Agency
- Business Communication
- Custom Procedures
- Shipping Business Management
- Supply Chain Management
- Managerial Economics
- Financial Accounting
Career options
Logistics is perhaps one of the biggest businesses in India and has the capability of having a significant effect on the Indian economy. The improvement in the Indian assembling area has further fuelled the development of the coordinations business as it requires the development of crude materials and is completed in enormous amounts. The delivery business has likewise helped fuel this development while it has made the costs of items drop while additionally making it simpler than any time in recent memory to buy items from various business sectors.
Since the interest on the lookout for new and better items is required to increment so is the transportation and logistics business. Organizations working in this field search for experts who have the ability to have an effect and improve business measures just as actualize systems to boost benefit while diminishing conveyance times. Understudies who hold an MBA in Logistics degree can take up various job positions in different enterprises and make significant commitments to the development and advancement of the area.
Students can apply jobs for various positions such as -
- Operations Manager
- Supply Chain Manager
- Customs Officer
- Port Manager
- Planning and Development Officer
They can also go to various sectors like -
- Courier / Cargo Delivery Companies
- Dockyards
- Import-Export Companies
- Port Trusts
- Supply Chain Management Companies
- Shipping Companies
Salary
The average salary for the graduates of MBA in Logistics Management is 4 to 8 lakhs per annum.
Best institutions to pursue MBA in Logistics Management
- Management Development Institute (MDI), Gurgaon
- Faculty of Management Studies, New Delhi
- Institute of Management Technology (IMT), Ghaziabad
- Narsee Monjee Institute of Management Studies, Mumbai
- XLRI School of Business and Human Resource, Jamshedpur
- Indian Institute of Foreign Trade (IIFT), New Delhi
- Symbiosis Institute of Business Management, Pune
- Jamnalal Bajaj Institute of Management Studies, Mumbai
- S.P. Jain Institute of Management & Research, Mumbai
- Mudra Institute of Communications (MICA), Ahmedabad
MBA in Logistics Management program is an industry-specific program such that not only students but, also professionals can apply for this program to nourish their skills.