Degree Overview: Master of Business Administration (MBA) Degree in Logistics Management
Majors Overview May 10, 2015Get information about Master of Business Administration (M.B.A.) degree programs in Logistics Management and their education requirements, coursework, career choices, job and wage outlook, and continuing education choices.
Master of Business Administration (M.B.A.) Programs in Logistics Management
Students enrolled in a Master of Business Administration (M.B.A.) program with a concentration in logistics become adept at making effective decisions aimed at enabling the quick and efficient movement of the products of a business to market.
The coursework in M.B.A. programs is devised to impart a strong base in business principles to students while allowing them to choose from concentration options, such as logistics, among an array of other choices.
Armed with an M.B.A. in Logistics, graduates can seek work in the current global economy that involves the coordination of the flow of goods from manufacturing to marketing to distribution. Graduate students learn about the application of logistics principles to real-world situations, wherein they can explore the importance of numerous factors, including costs, production levels, and facility location. Students typically take two years to complete M.B.A. programs.
Education Requirements
Admission criteria typically require incoming students to hold an accredited bachelor’s degree in any field. Other requirements include submission of letters of recommendation, essay question responses, and Graduate Management Admissions Test (GMAT) results in addition to completion of prior coursework.
Coursework
The curriculum in most M.B.A. programs includes core classes in business fundamentals augmented by courses from the chosen concentration of the student. Core coursework may include topic areas such as the following areas of study:
•Calculus
•Logistics management
•Cost management
•Project management
•Statistics
•Marketing management
•Distribution and inventory
•Advanced economics
Career Choices
Armed with an M.B.A. with a concentration in logistics, individuals can seek managerial roles solving companies’ transportation and logistics problems. They can choose from popular career options such as:
•Logistics manager
•Distribution director
•Inventory manager
•Operations manager
•Import–export manager
Job and Wage Outlook
Over the 2012 – 2022 decade, a job growth rate of 22% has been predicted for logisticians. Over the same time span, general and operations managers could see a 4.6% job growth (U.S. Bureau of Labor Statistics). In May 2012, these professionals brought in an average annual wage of $72,780. General and operations managers banked $117,200 on average per annum during 2014.
Continuing Education Choices
Graduates of the M.B.A. program can seek continuing education by enrolling in Ph.D. programs in Logistics to pursue careers in research or academia. Students typically take four years to complete these programs; research findings within their area of specialization are typically required to be published by doctoral students before they can graduate.
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