10 REASONS TO EARN AN MSC IN LOGISTICS AND SUPPLY CHAIN MANAGEMENT
The MSc Logistics and Supply Chain Management is designed for graduates who wish to develop their skills from an international perspective. If you dream of widening your prospects and expanding your reach, this programme is for you.
We have put together reasons to earn an MSc in logistics and supply chain management which may vary from person to person, depending on individual goals and interests. However, here are a few compelling reasons that many individuals find attractive:
- High Demand for Professionals:There is a consistently high demand for skilled professionals in logistics and supply chain management. Companies across industries rely on efficient supply chains, creating a wide range of job opportunities.
- Diverse Career Paths:This field offers diverse career options, including roles in procurement, transportation, inventory management, distribution, supply chain analytics, and more. You can choose a specialization that aligns with your interests.
- Global Opportunities:Supply chains are global, and businesses operate on a global scale. Majoring in logistics and supply chain management can open doors to international career opportunities and working with multinational companies.
- Problem-Solving Challenges:This field presents complex challenges related to the movement of goods, demand forecasting, and inventory optimization. If you enjoy problem-solving, this major can be intellectually stimulating.
- Financial Reward:Graduates in this field often enjoy competitive salaries and good job prospects. Many companies actively seek professionals with supply chain expertise to enhance their operations.
- Advancement Potential: Logistics and supply chain management is a field that has reported rapid expansion and growth even in the height of the recent recession. Today, the industry is even more encouraging for students interested in earning a degree in operations and supply chain management.
- Increased Salaries: As of May 2017, the median annual pay for a logistician or operations and supply chain manager in the United States was $74,590, or $35.86 per hour. As reported by the Bureau of Labor Statistics, the lowest 10 per cent earned less than $44,820, but maximum salaries reached upwards of $120,120 per year.
- High-Ranking Authority: With a relatively low barrier to entering the industry, logistics professionals can often solidify a high-paying job without an advanced education. Having a graduate degree positions graduates at the forefront of employment for upper management positions with more responsibility and greater benefits.
- International Travel: In the field of operations and supply chain management there are opportunities to travel. For those with a global perspective, this may be the industry that will arm you with the means to travel the globe. While sightseeing may not top the list of things to do, work will be diverse and culturally exciting.
- Local Job Market: Not everyone sees travel as a benefit, but rather prefer to stay in one place for longer periods with the occasional necessity to relocate for work. Local companies are also hiring. Inquire. The field is broad and opportunities range from region to region.