In layman’s terms, supply chain management is what it takes to get the correct product in the correct customer’s hands in the right amount of time. A professional working in supply chain management must be familiar with all it takes to plan, forecast, purchase, assemble, move, store, distribute, and finally sell by keeping costs low and profits high to be successful.
Many types of organizations rely heavily on supply chain management to get needed resources in, produce products and services, and make sure their wares get to the market on time. That is why supply chain managers are so vital to so many organizations around the world. It is also why a professional committed to supply chain management can enjoy a lucrative and satisfying career, and it all starts with a degree created to train people in supply chain management.
The online supply chain management MBA is the best way to prepare for a career as a supply chain manager. This degree allows working professionals the chance to keep their jobs as they work through course content, often 100% online. Full-time employees can appreciate a degree that has no campus visits and allows them to set their own schedules for courses, assignments, and tests.
What types of jobs are available to professionals with an online Supply Chain Management MBA?
Since companies of all shapes and sizes rely on competent supply chain managers to keep their products moving, the world of supply chain management is a large one. Jobs like new product project manager, business intelligence analyst, supply/demand planner, and procurement manager are just some of the satisfying positions needing to be filled across the country.
The Bureau of Labor Statistics reports that the position of purchasing manager is one that reveals a median salary of nearly $68,000 annually. Purchasing managers use many of the skills taught in a supply chain management graduate degree as they oversee purchasing agents and buyers. Logisticians and supply chain managers report an average salary of over $74,000. PayScale further reports that graduates with an MBA in operations and supply chain management to gain an average salary of $88,000 per year.
What will a business school ask of its online MBA applicants?
The optimal candidate considering an online supply chain management MBA will do well to know what a business school may require of them during the application process. While online education continues to soar in popularity, more and more business professionals realize they do not have to sacrifice the jobs and lives they have invested years into, in order to pursue a graduate degree. While online programs continue to make program structure simplified and convenient, there is a similar trend found within the application process as well.
A new trend found on some online MBA programs is a GMAT waiver or no requirements listed for the placement test. While the GMAT used to be a required admissions component to help the school forecast a student’s success within a program, more business schools are relying on other application components to help them see if a student is a good match. Here are some of those components:
Undergraduate Transcripts and GPA
One of the best ways to see where a person is going is to understand where they have been. The admissions department for a business school considering an applicant for an online MBA must take a hard look at what type of education a student had at the undergraduate level. Undergraduate business students will already be familiar with many of the concepts dealt with in an online MBA, and some of them might be able to waive foundation classes at the beginning of an online MBA degree. It is not uncommon for a business school with a GMAT requirement to waive the test score submission of students who received a business undergraduate degree from an AACSB-International-accredited school, or give a waiver based solely upon their GPA.
Letters of Recommendation
Letters of recommendation continue to be a strong element for a business school candidate’s application packet. In short, a solid letter of recommendation shows that a professional in a respected field has found value in a student and is choosing to vouch for them in some way. Letters of recommendation should be concise, specific, and speak to the strengths of the subject. Vague or overly-puffed up language often shows the writer’s need to fabricate or bend the truth in some way. Letters should include a student’s accomplishments and express any expectations of the candidate’s success in their next stage of education.
Statement of Purpose
The statement of purpose is a letter written by the business school candidate revealing the academic and professional goals she has set for herself. This resource should be carefully written with a spirit of intentionality within every sentence. Students should be sure to write in a concentrated format while showing an eagerness to get accepted in a program which will launch them into the next phase of their educational or professional success story. The overriding temperament of this letter should be positive in nature and hopeful. Business schools want to work with responsible students who take command of their educations and at the same time are team players who will listen to others and can be molded by the curriculum and instructors.
The resume is an integral part of the application as it speaks into the quality of professional experience a business school candidate has up until the point of being accepted into a program like the online MBA. Many business schools prefer that candidates have between two to five years of professional or management experience. This experience shows the student is realistic in applying concepts learning in the classroom to the boardroom and beyond.
These are just some of the components business schools typically ask for during the application process. A graduate degree like the online supply chain management MBA is a rigorous program. It is important that a business school knows what it is getting in a candidate, just as it is vital a business school applicant knows what will be asked of her throughout the program.