How a product gets from the manufacturing stage to the consumer is known in the world of business as logistics. Logistics management, also known as supply chain management, is a fast-growing field thanks in part to the needs of businesses in an increasingly global market. An online MBA program in logistics management teaches students about all aspects of production as well as how to calculate production costs, coordinate supply chain systems, and efficiently connect suppliers, businesses, and customers. Logistics managers can be found in just about any industry that sells a product or service.
What Does an MBA in Logistics Management Cover?
A degree in logistics management will concentrate on logistics as they relate to the supply chain that connects raw materials, suppliers, businesses, and customers. Students will learn how logistics management is applied in both international and domestic markets. Colorado Technical University’s MBA degree in logistics management offers different three tracks that cover logistical methodologies and concepts applied in military, government, or private sector business operations.
An MBA program in logistics management begins with core MBA business courses, such as managerial accounting, finance, and ethical decision making, before moving on concentration courses, which may include classes in supply chain management, transportation and logistics in enriched and impaired environments, and inventory management. Procurement and materials management and economic forecasting are also a part of many programs with a concentration on logistics management. Most online MBA programs can be completed between 18 months to two years.
Getting Into a Logistics Management MBA Program
Candidates need to have at least a bachelor’s degree and usually a GPA of 3.0. GPA requirements vary from school to school, and additional academic and work experience may be taken into account in the event of a lower GPA. Colorado Technical University’s requirements for its online MBA program include:
- The appropriate official baccalaureate transcript for graduate admission.
- TOEFL scores of 550 or other acceptable proof of English proficiency if your first language is not English.
Candidates for CTU’s online programs must also schedule a phone interview with an admissions advisor. Other schools generally require letters of recommendation from previous professors or supervisors that can attest to your ability to complete a graduate program.
Why Should I Get an Accredited Logistics Management MBA?
A school and degree program’s accreditation is a stamp of quality that is acknowledged across the country by other schools and potential employers. Credits from a non-accredited school may not transfer to another school, and employers generally disregard a degree from a non-accredited program or school. Take time to investigate whether or not the school you are considering is accredited. That information can usually be found using the search engine on the school’s website. Colorado Technical University is accredited by the Higher Learning Commission and a member of the North Central Association of Colleges and Schools.
Who Should Pursue a Logistics Management MBA?
A specialized MBA can increase your value in the job market. Students with a genuine interest in data analysis and systems management, who also possess strong leadership qualities, might want to pursue an online MBA with a specialization in logistics management. Logistics management students are generally skilled at organizing and prioritizing tasks, communicating with supervisors, co-workers, and subordinates, decision-making and problem-solving, and retrieving and analyzing data and information.
What Jobs Can an Online Logistics Management MBA Get Me?
- Construction Manager: Construction managers oversee construction projects. A construction manager develops schedules for work completion, supervises and directs project personnel, selects contractors for a project and oversees their work, manages the building of the project, and obtains necessary building and worker safety permits.
- Production Manager: Production managers work in a variety of industries, including clothing, construction, and publishing, to name just a few. A project manager is responsible for quality control of a project, facilitating communication between the staff involved with a project, calculating costs and staying under budget, and overseeing the delivery of supplies including materials and equipment necessary for a project. Production managers may also do project-related staff hiring and supervision.
- Purchasing Manager: Purchasing managers do more specialized work in the world of logistics management. They are necessary in just about any industry that buys and sells products and services, including health care, construction, and retail. Purchasing managers negotiate purchasing contracts with suppliers, analyze, implement, and oversee purchasing processes and supply delivery systems, and manage employees involved in buying and selling for the company.
Top Earning Industries for Jobs
- Engineering Services: $54,032-$162,000
- Commercial and Residential Construction and Development: $48,009-$140,872
- Oil and Gas: $39,448-$110,283
- Women’s Apparel: $32,796-$76,015
- Construction: $51,757-$88,435
- Clothing Store: $32,733-$57,250
- Consumer Packaged Products and Goods: $40,830-$99,114
- Construction: $35,500-$92,831
- Food Manufacturing: $48,957-$92,156
How Do I Find Online Logistics Management MBA Programs?
Logistics management, sometimes called just logistics or supply chain management, is becoming more and more popular as a degree specialty. Visit the site of any accredited college or university and use their search engine to see if they offer online degrees, online MBAs, and then online MBAs with a specialization in logistics management.