Opportunities in the supply chain industry are expanding from global distribution, sourcing, fulfillment, and sales. The Bureau of Labor Statistics reiterated that supply chain jobs are rising at twice the rate of all other occupations in the US.
Industry growth is behind the rise in demand for supply chain management Masters graduates, which is projected to rise five percent annually until 2028.
Several surveys also revealed that Bachelor graduates go the extra mile and take Graduate studies in Supply Chain Management Masters because of its wide-ranging growth opportunities. Whatever the case may be, below are jobs you can have with a degree in supply chain management.
- Distribution Manager
- Purchasing Manager
- Senior Consultant
- Project Manager
- Procurement Manager
- Warehouse Consultant
- Business Analyst
- Logistics Manager
- Operations Research Analyst
How Long Does It Take to Get A Degree In Supply Chain Management?
In most cases, a Bachelor’s degree in Supply Chain Management is completed in four years and usually requires 115 to 130 credits depending on the course outline and educational institution. A master’s degree, meanwhile, requires roughly 30 credits and can be completed in one year.
More often than not, universities offering master’s programs have three admission cycles per year for supply chain management. The cost of a supply chain management degree may depend on several factors like flat tuition, miscellaneous, and technology fees.
Opt for schools with regional or national accreditation as the transferability of course credit or the student’s eligibility for financial aid might be affected by certifications.
Why Should I Opt for Online Coursework?
In general, students pursuing a degree in Supply Chain Management Masters online develop the skills and knowledge needed to manage everything from acquisition, distribution, and delivery effectively.
Usually, these online programs start with fundamental business administration exercise that concentrates on areas such as microeconomics, organizational behavior, and financial accounting. Moreover, online supply chain management programs may also include courses on operations management, purchasing, logistics, and warehouse management.
Perhaps the most significant advantage of opting for online supply management degrees is its ability to help you bolster your professional network. Not only will it enable you to connect with highly-experienced industry executives, but it also connects you with fellow students around the globe.
Best of all, these online classes are convenient, flexible, and can work with your schedule to ensure a desirable learning experience.
How to Find the Best School for Supply Chain Management?
Perform comprehensive research about universities offering such degree programs. You can also look for reviews and testimonials or speak with current students.
Likewise, check the qualifications of every lecturer and weigh it up against your strengths and weaknesses to find out what you can get. Also, don’t forget to compare program lengths and opt for schools that will take you to the industry quickly.
Other than that, observe how their student support answers to your queries. Is the school interested in you as a student? Did they answer your questions appropriately?
Knowing the answers to these questions will help narrow down your choices and determine the best option for your needs, schedule, and budget.
Tips for Starting Your Own Business With a Degree From Excelsior College
If you’re considering opening your own business, there are many things to weigh out.
The type of business you’ll run, how you’ll finance it, and where it will be located are all important factors you will have to address. It can be overwhelming at first, and there are some questions you won’t be able to answer until after you get started. But a degree from Excelsior College can set you on the right path. With it, you’ll be equipped with a solid foundation and skills you didn’t have before. And if you’ll use a few of these tips, your business has a good chance for a thriving future.
Find a mentor
Before you open your business doors, it’s a good idea to find a mentor. This should ideally be someone who owns or has owned the particular type of business you’re thinking about launching. Many times, you can meet someone like this while attending college. If not, you will need to branch out on your own to meet new people in other ways.
Let’s say you’ve just received your business management degree from Excelsior College and you’re interested in opening a spa. Throughout your education, you likely had the opportunity to discuss practical business applications with your professors and other students.
Many of these people have owned businesses themselves, but it’s possible you didn’t meet anyone who owned a spa. That doesn’t necessarily mean that none of them are qualified to be your mentor. But it is helpful if you can find one that ran a business as similar to a spa as possible.
This mentor should be someone you can turn to for advice in every situation. So it should be someone who has been successful in his or her ventures and doesn’t mind sharing information. Additionally, they can help put you in contact with people in your industry, so that you can get specific questions answered.
Try not to make the mistake of jumping into business on a large scale before you’ve had some experience in your field. Every business model is unique, so it’s important to gain some knowledge in every aspect of it.
Your spa, for example, will involve different types of services, such as laser hair removal, massage therapy, and hair styling. And in addition to the services, you might also be selling beauty products. So, you’ll need to consider your own experience level with each aspect of the business.
Not only will you have to source products and learn retail, but you’ll also have to manage people and learn communication skills.
This is why it’s important to start as small as you can. Perhaps you can start with just a hair stylist and a few products. You may even want to serve as your own receptionist in the beginning. And as your business starts to grow, you can slowly add more services and employees.
The more experience and confidence you have in your business, the more likely you are to attract investors. This can be in the form of business partners, lenders, or even family members who believe in your dreams. And using someone else’s money to start your business is a good way to stay motivated to succeed.
In order to find investors, you’ll need to do a lot of work upfront. And there are several ways to go about it. For one thing, you’ll need to network like you never have before.
Get to know your Excelsior College professors, even if they live in another state. Networking online is a great way to get introduced to helpful connections. Secondly, know your business inside and out. You should be able to discuss it in great detail with anyone who asks. And lastly, learn your industry. Get involved with the people in it and research the business every chance you get.
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