Master of Business Administration (MBA) programs provide students with a strong foundation in business principles, and some programs offer students the opportunity to specialize in logistics. Students who choose this concentration will be trained to make decisions that maximize the speed and efficiency with which a business' products are brought to market. The degree prepares graduates for work in today's global economy, coordinating the flow of goods from manufacturing to marketing to distribution. Students learn to apply logistics principles to real-world situations, exploring the importance of such factors as facility location, production levels and costs.
In order to apply for this two-year program, students must hold an accredited bachelor's degree and submit GMAT scores, letters of recommendation, and an admissions essay.
Master's Degree in Business Administration with a Concentration in Logistics
In most MBA programs, students take core courses in business fundamentals, calculus and statistics alongside elective courses in their chosen concentration. Students who choose to specialize in logistics may take classes in the following topics:
- Distribution and inventory
- Marketing management
- Project management
- Cost management
- Logistics management
- Advanced economics
Popular Career Options
MBA students who choose a concentration in logistics generally find work solving companies' logistical and transportation problems at the managerial level. Typical job titles include:
- Operations manager
- Inventory manager
- Logistics manager
- Import-export manager
- Distribution director
Employment Outlook and Salary Information
According to the U.S. Bureau of Labor Statistics (BLS, www.bls.gov), the employment of logisticians is expected to grow by 2% between 2014 and 2024. The BLS also predicted that the demand for general and operations managers could increase by 7% during the same time frame. As of May 2015, logisticians earned an average salary of $77,470 per year, while general and operations managers earned an average of $119,460 per year.
Continuing Education Information
Ph.D. programs in logistics are available for those who wish to conduct research in the field or teach at the university level. These programs typically take four years to complete, and doctoral students are usually required to publish research findings within their area of specialization prior to graduation.
In conclusion, students interested in studying logistics at the graduate level can pursue an MBA with a concentration in logistics. The degree provides advanced training in the field and prepares students for managerial positions or further education