Those interested in careers as supply chain managers might consider a degree program in international trade and transportation or global supply chain management. International logistics is a pivotal element in both programs and gives students a practical understanding of the transportation, storage and customs laws governing the international transportation of goods. Students may also choose either subject as a concentration within a business bachelor's or master's degree program.
In addition to gaining an understanding of foreign supply chains, students in these programs will have opportunities to learn about terminals and ports management, international accounting, data mining and financial instruments. Students may be required to participate in transportation economics or strategic management seminars. Internship and work requirements allow students to experience a professional environment in a trade, global business or international transportation-oriented organization.
Bachelor's Degree in International Trade and Transportation
A Bachelor of Science (B.S.) in International Trade and Transportation (ITT) program is one option for students interested in a career in international business and logistics, and it may also be sought as a specialization within a Bachelor of Science in International Business (BSIB) program. Closely related to a degree program in international logistics and global supply chain management, an ITT bachelor's degree program may include elements of marketing management and finance, as well as port and terminal management. Most ITT degree programs are rooted in business fundamentals.
Students should have acquired a high school diploma or an associate's degree prior to entering into a degree program. Some schools offer a 4-year program or an upper division program. The 4-year program is ideal for students without prior college experience, whereas the latter only admits students with an associate's degree. In addition, students may be required to successfully complete a business foundation course prior to admission into a business school.
An ITT or global supply chain management degree program may involve elements of transportation and logistics, business management, accounting, business economics and finance. Common courses include:
- Foundations of business
- International macroeconomics
- Corporate finance
- Global marketing
- Transportation management
- Computer applications
Master's Degree in ITT or Global Supply Chain Management
A degree program granting a Master of Science (M.S) or Master of Arts (M.A.) in ITT or Global Supply Chain Management incorporates management and business fundamentals into the curriculum, preparing students for careers in transportation or logistics engineering. Graduate students are prepared to enter into these fields as effective and professional managers of transportation logistics and supply chain management. In addition, students gain an understanding of the ways in which global chain processes affect pivotal business strategies. Most schools emphasize the structure of domestic and foreign supply chains and their function across country boundaries.
Applicants must have acquired a bachelor's degree prior to entering into a master's degree program. Some schools recommend students have prior work experience in logistics or a related discipline. This degree program may cater to mid-career professionals looking to further their education and enhance employment opportunities.
An ITT or global supply chain management master's degree program may involve elements of marketing, finance, accounting and business strategy. Common courses include:
- Economics of international transportation
- Management of terminals and ports
- Data mining
- International accounting
- Global business strategy development
- Inventory management
Popular Career Options
These programs are popular with students interested in a career in international affairs and law. Graduates may also be interested in the following career fields:
Employment Outlook and Salary Info
A master's degree program could prepare graduates for careers in global operations, risk management, international operations, mergers and acquisitions and financial analysis. The U.S. Bureau of Labor Statistics (BLS) reported that financial analysts were expected to see job growth of 6% from 2018-2028, which is faster than average. These professionals made a mean yearly salary of $100,990 in May 2018. Management analyst careers were expected to rise 14% between 2018 and 2028, and these workers made a mean annual wage of $94,390 in May 2018.
Upon completion of an ITT or global supply chain management bachelor's degree program, students may go on to earn a master's degree. A master's degree program typically builds upon concepts learned in a bachelor's. Similar to a bachelor's degree program, a master's degree program is rooted in business fundamentals.
Bachelor's and master's degree programs that cover international transportation and trade include studies in the logistical and economic aspects of global commerce, enabling graduates to pursue careers related to business, finance or operations.