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MBA vs Masters in Supply Chain – Industrial Engineer?
Hello everyone I am an Industrial Engineer … one who is concerned with improving processes via people and/or equipment. I either want to become an efficiency consultant or just move up the corporate ladder (probably on the production improvement side). Now the question …
MBA vs Masters in Supply Chain? Both would be from a highly regarded school.
Best example so that we can keep the bases equal:
MIT has an excellent MBA and Masters in logistics (and supply chain) program
Michigan Ross also has both programs and is a highly regarded school.
Although the programs cost the same, the masters in supply chain is half the time, so there is definitely a difference in opportunity cost.
Which one is better for my career path, can you still become an executive with only a masters in supply chain without an MBA? And anyone have information on their salaries?
Alyas … I want to get into supply chain and process improvement, I even recently got my green belt in six sigma and will soon begin my blackbelt. However, most of those jobs are asking for an MBA, although thats probably because MS in supply chain are rather new, and most people formally asking for them yet.
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Tags: corporate ladder, engineer, industrial engineer, masters in logistics, School, Supply
6 Responses to “MBA vs Masters in Supply Chain – Industrial Engineer?”
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Hey………I am an Industrial Engineer,,,with masters degree in MANUFACTURING AND DESIGN……I have been working as A consultant…i wanna assure you that the best thing to do now…is to get engaged with a work in your field…..So you can see if you like the domain…..if not keep changing untill you find the place and the domain you fit more within industrial engineering…….once u find that ‘this should not take u more than a year” then try to find the Masters degree that relates to what u have chosen as A job career……Believe me..you can be an executive even without a masters degree if u work hard and proved ur amazing……….But if you want my advise make your first master degree in Industrial Engineering related topic,,,,,and your second masters degree in MBA…..Please keep in touch with me…as i love all industrial engineers..all the best
It depends on your career objective. The MBA is a general business degree training students for top level management positions up to CEO or for those with entrepreneurial objectives of starting their own business. MBA students study accounting, finance, marketing, management, statistics, economics, strategy, policy, and other courses. Many MBA programs offer concentrations in these and many other fields, but that amounts to only 2-3 courses in your chosen field in the second year of study. Many students avoid a concentration and take a variety of elective subjects to gain a broader background. Most MBA programs prefer students with 2-3 years work experience after the first degree.
The Master of Science is a specialized degree in a particular field such as finance, chemistry, accounting, engineering, etc. training students for top level staff and research positions who prefer not to get into general management. The MS typically requires an undergraduate education in the field in which you want the MS, or a closely related field. A finance major does not get an MS in chemistry, and a biology major does not get an MS in accounting. If you want to specialize in a particular field other than business administration, such as finance, marketing, operations management, human resource management, or a non-business field such as public health, or public administration, you should get an MS degree in that specialization. MS programs typically do not require work experience.
Before you decide on an MBA program explore the Internet for information on available programs. There is a lot of information available. Some sites are limited to specific countries, such as Germany, UK, or Australia. There is a comprehensive free public service with more than 2,000 MBA programs listed worldwide. The nice thing is that it allows you to find the program that best fits you. It allows you to search for programs by location (US, Europe, Far East, etc.), by concentration (finance, marketing, aviation management, health management, accounting, etc.), by type of program (full-time, distance learning, part-time, executive, and accelerated), and by listing your own criteria and preferences to get a list of universities that satisfy your needs. Schools report their accreditation status, tuition cost, number of students, class sizes, program length, and a lot of other data. Schools provide data on entrance requirements, program costs, program characteristics, joint degrees, and much more. You can use it to contact schools of your choice, examine their data, visit their web site, and send them pre applications. You can see lists of top 40 schools ranked by starting salaries of graduates, GMAT scores, and other criteria. some of the other sites are less comprehensive, but all are useful.
I did MBA at Arizona State University with Supply Chain Management specialization. You should definitely do an MBA. I recommend MBA at ASU – career services department is excellent.
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