Is A Masters In Supply Chain Management Worth It Reddit

Is A Masters In Supply Chain Management Worth It Reddit I began in supply chain in 2004 as a Logistics Analyst making 29 500 No education beyond high school The whole industry at the time seemed made of people my age early 20 s who didn t go to college or were 10 years older and had some unrelated degree and had worked their way into the lower echelons of management

You will be more valuable with a Masters in Supply Chain Long answer wait on it In terms of return on investment a masters degree can vary significantly I am currently in a deal with my employer where they will pay for my masters degree given I stay there for a certain amount of time According to Salary a professional with a master s in supply chain management can make anywhere from 111 518 to 118 861 In this field however certifications may be a better salary booster than a master s degree SCM professionals with just one certification make 18 percent more than those without any and every additional

Is A Masters In Supply Chain Management Worth It Reddit

Is A Masters In Supply Chain Management Worth It Reddit
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Gartner has the most respected ranking of US supply chain master s programs They consider curriculum and industry value salaries Top 5 in their ranking include Penn State Tennessee Georgia Tech Michigan State Texas Many of the programs in their top 25 have online programs which could be open to people living anywhere Generally speaking a master s will be cheaper and faster than an MBA Master s in supply chain range from 20k 60k for the entire degree at top 5 programs and will take 1 2 years MBA is 60k 100k generally and takes around 3 years part time If you are sure you want or advance your career in supply chain I think the master s in SCM

If you have an undergrad degree in supply chain a masters might not be that helpful in opening doors and a kore general degree in management or specialized in data analytics or something might be kore useful Get 5 years of good experience and then a masters Definitely was worth it for me As a person who had many years experience in the It gives you a more holistic understanding of supply chain more than what you would gain by just being a buyer or analyst or operator In my program most people see it as a way of getting to their next promotion raise or skipping a rank altogether depending on the company they work for 1 r supplychain

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Process Improvement Supply Chain never documents process well You can leverage that experience to document how each commodity has different paths Procurement Buying Police Compliance also very good connection point Freight logistics Know that an MS in supply chain will cover much of the same content as your BS just with maybe more case studies An MBA concentration or an MS degree that complements your BS in supply chain would be more powerful Wait 4 5 years of experience Get an MBA or a MS in data analytics

If you do not want any leadership roles in the future and would like to stick with supply chain a masters might work for you there An MBA without a specialization in supply chain or operations might not be as effective for whatever you choose as your career path At the end of the day a degree doesn t define your future A master s degree in supply chain management can be a master of science or an MBA in supply chain management This degree may include a concentration or specialization in management or leadership

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Is A Masters In Supply Chain Management Worth It Reddit - Gartner has the most respected ranking of US supply chain master s programs They consider curriculum and industry value salaries Top 5 in their ranking include Penn State Tennessee Georgia Tech Michigan State Texas Many of the programs in their top 25 have online programs which could be open to people living anywhere