Employment of logisticians and supply chain managers will continue to grow at a steady pace over the next decade, driven by the need for transportation of goods around the world in the ever-growing global economy.
Supply chain management (SCM) is a broad field encompassing many critical roles in organizing and transporting goods, including logistics, purchasing, quality assurance, inventory control, and more.
The average annual salary for a supply chain management employee with a bachelor’s degree is $59,000, according to Payscale.com. Someone with an MBA can expect to earn an average of $83,000 per year, comparatively.
Students can earn a variety of degrees in supply chain management (SCM), including Bachelor of Science (BS), Bachelor of Arts (BA), Master of Science (MS), and Master of Business Administration (MBA). The exact type of degree you seek will depend on your current level of education and your intended career path.
This list includes degrees delivered in different formats, including online, on-campus, and hybrid programs, to provide options for all types of lifestyles and learning preferences.
As an assurance of quality, we only reviewed programs offered at regionally accredited schools. Many also have programmatic accreditation through organizations like the Association to Advance Collegiate Schools of Business (AACSB) or the Accreditation Council for Business Schools and Programs (ACBSP).
All programs were evaluated on the basis of their reputation, course strength, cost, faculty, and flexibility. Then, we assigned each program an Intelligent Score on a scale of 0 to 100. For a more extensive explanation, check out Our Ranking Methodology.
A bachelor’s degree is typically considered the minimum level of entry into the SCM field, although some jobs are available to those with an associate’s degree and professional experience.
At the graduate level, individuals can choose between a master’s degree or a graduate certificate. A full master’s degree takes longer and costs more to complete than a graduate certificate, but the earning potential and job opportunities may increase more with a master’s. MBAs and MS degrees also have their differences. An MS degree covers specific SCM skills at the foundational and advanced levels, while an MBA focuses on general business principles and practices, with specific coursework in SCM. Consider your career goals and timeline when selecting which degree you want to pursue.
While the overall job outlook for SCM is good, some jobs within the field are expected to decline due to automation and outsourcing. The Bureau of Labor Statistics predicts that jobs for buyers and purchasing agents will decline 7 percent by 2028. The job prospects will be best for those with degrees in SCM.
Organizations like the Association for Supply Chain Management and the International Society of Logistics offer credentials for SCM professionals, which can make you a more attractive job candidate. Earning credentials typically involves meeting education and experience requirements, passing examinations, and paying fees.
Here are some questions to ask when researching Supply Chain Management programs:
As you research programs, also take a look at their admissions procedures and deadlines. You will want to start gathering your application materials so that you can submit them well ahead of due dates.
Now is also the time to start thinking about paying for your degree. Visit the school’s financial aid page, or talk to a financial aid counselor about scholarships, assistantships, loans, and other funding sources. If you are currently employed, find out if your employer offers tuition assistance benefits.