Best Supply Chain Management MBA Programs

Best Supply Chain Management MBA Programs

Best MBA in Supply Chain Management Programs

  1. Michigan State University
    • Program Duration: 10 mos.
    • Tuition fee:$57,415 (Residents) and $62,415 (Non-Residents)
  2. Stanford University
    • Program Duration: 2 yrs.
    • Tuition fee: $25,650 per quarter (first year)
  3. Massachusetts Institute of Technology
    • Program Duration: 10 mos.
    • Tuition fee: $29,875 per semester
  4. Ohio State University
    • Program Duration: 10 mos.
    • Tuition fee: $31,256 per year (Residents) and $58,986 per year (nonresidents)
  5. Purdue University
    • Program Duration: 1.5 - 2 yrs.
    • Tuition fee: $60,000 (Residents) and $62,102 (Nonresidents)
  6. University of Michigan
    • Program Duration: not specified
    • Tuition fee: $1640 (Nonresidents) and $909 (Residents) per credit hour
  7. Arizona State University
    • Program Duration: 9 mos.
    • Tuition fee: $35,410 (Resident) and $57,324 (Non Resident)

Key Takeaways

  • Graduates with an MBA in Supply Chain Management earn an average salary of $122,028.
  • There are numerous career options for those with an MBA in Supply Chain Management, including logistics managers, supply chain managers, and procurement managers, among others.
  • Graduates seeking a career in supply chain management need skills in relationship management, data analysis, adaptability, negotiation, and problem solving.

With the latest developments, Supply Chain Management is getting huge traction. While the choice isn’t rare, finding the right MBA program that best aligns with your interests may be daunting.

Well, fret not! We’ve explored the best Supply Chain Management MBA programs out there and put them together to help you live your dream!

Woman wearing graduation robes while throwing her graduation cap in the air

Best Supply Chain Management MBA Programs

Once you’ve decided to go for a supply chain management MBA, it’s natural to wonder whether the degree will be worth your time and effort. Well, data suggests that the average salary for a Supply Chain MBA is $122,028 per year in 2024.

While that’s great news, it doesn’t offset the costs you will need to bear to earn an MBA in supply chain management. To make it simpler, We have highlighted the best programs, along with their duration, fee, and average salary among graduates. This will make it easier for you to decide which program best shapes your future.

  1. #1

    Michigan State University

    East Lansing , MI
    Other Rankings

    Tuition + fees

    $17K

    Acceptance

    88%

    Graduation

    82%

    Student body

    54K

    Median SAT/ACT

    1260/28

    Career Outlook for Supply Chain Management degree at Michigan State University

    Cost of Degree: $20,382
    Expenses: $15,618
    Starting Salary: $92,943
    Salary after 4 years: $114,491
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary
    • Financial aid: Yes
    • Graduation rate: 63 percent
    • Acceptance rate: 88 percent
    • Accreditation: Yes, Higher Learning Commission

    Overview of Michigan State University

    • Tuition fee:$57,415 (Residents) and $62,415 (Non-Residents)
    • Program Duration: 10 months
    • Average salary among these graduates: $105,418

    What Do We Love About Michigan State University?

    Michigan State University’s Broad College of Business features the top-ranked MBA program in Supply Chain Management, recognized by the US News & World Report. The key placement areas include Procurement, Demand/Supply planning, SCM Consulting, Fulfillment, and Leadership Development Programs.

    Additionally, you’ll explore supplier relations and network designs. You’ll also use industry tools in the IBM Supply Chain Lab.

    • Michigan State University is great for students who: Want more facilities and resources on campus. MSU is popular for offering a wide range of facilities, such as top-notch libraries, athletic centers, and student organizations.
    • Michigan State University might not be the best fit for those who: Prefer more one-on-one interactions with professors since some introductory classes at MSU may have large class sizes, making individualized attention a challenge.
  2. #2

    Stanford University

    Stanford , CA
    Other Rankings

    Tuition + fees

    $58K

    Acceptance

    4%

    Graduation

    95%

    Student body

    20K

    Median SAT/ACT

    1540/34

    Career Outlook for Supply Chain Management degree at Stanford University

    Cost of Degree: $57,210
    Expenses: $23,746
    Starting Salary: $165,740
    Salary after 4 years: $202,981
    Cost Recoup Time: 5 years
    Paid back at 15% of annual salary
    • Financial aid: Yes 
    • Graduation rate: 73 percent
    • Acceptance rate: 4 percent
    • Accreditation: Yes (WSCUC) 

    Overview of Stanford University 

    • Tuition fee: $25,650 per quarter (first year)
    • Program Duration: 2 years
    • Average salary among these graduates: N/A

    What Do We Love About Stanford University? 

    Founded in 1885, Stanford University’s graduate business school is one of the oldest yet the most prestigious institutes in town. Ranking #10 in Supply Chain and Logistics according to the US News, it’s a business school worth considering for an MBA in the field.  

    With a campus in the heart of Silicon Valley, Stanford University transforms the entire business school experience for you. The degree gears you up for the management of systems, processes, and networks and helps you gain a deeper understanding of supply chain, logistics, operations, and analytics.

    • Stanford University is great for students who: Want access to rich internships and job opportunities after completing their degree since SU offers prime MBA career opportunities due to its location and networks.
    • Stanford University might not be the best fit for those who: Prefer saving money since Stanford University is located in Silicon Valley, with a pretty higher cost of living than other schools on the list.
  3. Other Rankings

    Tuition + fees

    $58K

    Acceptance

    4%

    Graduation

    95%

    Student body

    13K

    Median SAT/ACT

    1555/35

    Career Outlook for Supply Chain Management degree at Massachusetts Institute of Technology

    Cost of Degree: $61,075
    Expenses: $21,864
    Starting Salary: $180,167
    Salary after 4 years: $220,650
    Cost Recoup Time: 5 years
    Paid back at 15% of annual salary
    • Financial aid: Yes
    • Graduation rate: 89 percent
    • Acceptance rate: 4 percent
    • Accreditation:  Yes (NECHE)

    Overview of Massachusetts Institute of Technology (Sloan)

    • Tuition fee: $29,875 per semester
    • Program Duration: 10 months
    • Average salary among these graduates: $137,500

    What Do We Love About Massachusetts Institute of Technology?

    If you want an accelerated Supply Chain Management online MBA program, there’s no better choice than the Sloan School of Massachusetts Institute of Technology. Better yet, 97% of MIT Supply Chain Management students received an offer within 90 days of graduation.

    The best part? The school has Action Labs that let students experience real-world problems and learn ways to tackle them efficiently. Nonetheless, getting into MIT Sloan’s Supply Chain is way more demanding than any other school on the list.

    • Massachusetts Institute of Technology is great for students who: Are looking for a strong Alumni network to connect with. The MIT Alumni Association offers you multiple chances to make sure that MIT education does not end.
    • Massachusetts Institute of Technology might not be the best fit for those who: Prefer an easy-going learning environment. At MIT Sloan, students tend to overload themselves with extra work, which may lead to burnout or depression.
  4. Students using one desktop on a school library while working together for their homework
  5. #4

    Ohio State University

    Columbus , OH
    Other Rankings

    Tuition + fees

    $12K

    Acceptance

    53%

    Graduation

    88%

    Student body

    67K

    Median SAT/ACT

    1395/30

    Career Outlook for Supply Chain Management degree at Ohio State University

    Cost of Degree: $12,997
    Expenses: $17,700
    Starting Salary: $78,825
    Salary after 4 years: $97,100
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary
    • Financial aid: Yes
    • Graduation rate: 69 percent
    • Acceptance rate: 53 percent
    • Accreditation: Yes (HLC)

    Overview of Ohio State University

    • Tuition fee: $31,256 per year (Residents) and $58,986 per year (nonresidents)
    • Program Duration: 2 years
    • Average salary among these graduates: $107,446

    What Do We Love About Ohio State University?

    Featuring an AACSB-accredited Supply Chain Management master’s, Ohio State University is the top choice for many students interested in the field, for good reason. The Fischer College of Business at OSU equips you with the technical expertise and business skills you need to master every aspect of the supply chain.

    Ranked #5 In Supply Chain among public institutes, the program builds key skills through a flexible blend of online learning and practical experiences. Their signature capstone project gears you up for the challenges in the field like no other.

    • Ohio State University is great for students who: Want personalized career support and dedicated coaching. Ohio State University offers one-on-one career coaching, professional development, and a chance to engage with Fisher’s research centers.
    • Ohio State University might not be the best fit for those who: Prefer an affordable master’s in supply chain management. The fee at OSU might be hard for most students to afford.
  6. #5

    Purdue University

    West Lafayette , IN
    Other Rankings

    Tuition + fees

    $10K

    Acceptance

    53%

    Graduation

    83%

    Student body

    55K

    Median SAT/ACT

    1335/30

    Career Outlook for Supply Chain Management degree at Purdue University

    Cost of Degree: $9,992
    Expenses: $12,930
    Starting Salary: $91,472
    Salary after 4 years: $112,680
    Cost Recoup Time: 3 years
    Paid back at 15% of annual salary
    • Financial aid: Yes
    • Graduation rate: 63 percent
    • Acceptance rate: 53 percent
    • Accreditation: Yes, the Higher Learning Commission (HLC)

    Overview of Purdue University

    • Tuition fee: $60,000 (Residents) and $62,102 (Nonresidents)
    • Program Duration: 1.5 - 2 years
    • Average salary among these graduates: Undisclosed

    What Do We Love About Purdue University?

    If you want to build a fulfilling career in supply chain management, Mitchell E. Daniels, Jr. The School of Business of Purdue University has you covered. The program joins hands with international partners and peer teams to connect you to the best global business solutions for a successful career in the field.

    Even better, Purdue University boasts an 87% employment rate within just six months of graduation. The program aims to help you master every stage of the product life cycle, from supplier to customer. Daniel School’s data-driven approach is designed to help you learn ways to optimize different aspects of the supply chain.

    • Purdue University is great for students who: Prefer more on-campus facilities within their desired school. At Purdue University, you have easy access to top-notch facilities and resources that support research, study, and recreational activities.
    • Purdue University might not be the best fit for those who: Want to build closer relationships with professors since PU allows only limited access to the faculty, mainly due to large class sizes.
  7. #6

    University of Michigan

    Ann Arbor , MI
    Other Rankings

    Tuition + fees

    $18K

    Acceptance

    18%

    Graduation

    93%

    Student body

    52K

    Median SAT/ACT

    1440/32

    Career Outlook for Supply Chain Management degree at University of Michigan

    Cost of Degree: $26,226
    Expenses: $16,820
    Starting Salary: $116,179
    Salary after 4 years: $143,114
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary
    • Financial aid: Yes
    • Graduation rate: 81 percent
    • Acceptance rate: 18 percent
    • Accreditation: Yes, the Higher Learning Commission (HLC)

    Overview of the University of Michigan – Ann Arbor 

    • Tuition fee: $1640 (Nonresidents) and $909 (Residents) per credit hour
    • Program Duration: Not specified
    • Average salary among these graduates: $136,744

    What Do We Love About the University of Michigan – Ann Arbor?

    The University of Michigan’s Ross School of Business aims to equip you with a holistic, hands-on understanding of supply chain management. You join hands with corporations, nonprofits, and startups, setting yourself up for long-term success. Plus, with the Ross Master of Supply Chain Management program, you can potentially get jobs at big names.

    These include Amazon, Microsoft, L’Oreal, and even Tesla. The program offers numerous action-based learning opportunities, including term projects on real corporations. With 94% of graduates successfully entering new industries, Ross’s Supply Chain is worth the shot!

    • The University of Michigan is great for students who: Prefer cross-cultural interactions since the University of Michigan has a diverse student body, where you can access a vibrant mix of cultures, backgrounds, and perspectives.
    • The University of Michigan might not be the best fit for those who: Would rather stay away from cultural clashes since the diverse student community means greater potential for communication challenges, misunderstandings, and difficulty finding common ground.
  8. Woman with her hands on her chin with her laptop in front of her
  9. Other Rankings

    Tuition + fees

    $12K

    Acceptance

    90%

    Graduation

    67%

    Student body

    85K

    Career Outlook for Supply Chain Management degree at Arizona State University

    Cost of Degree: $12,914
    Expenses: $19,509
    Starting Salary: $81,619
    Salary after 4 years: $100,542
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary
    • Financial aid: Yes
    • Graduation rate: 54 percent
    • Acceptance rate: 90 percent
    • Accreditation:  Yes (HLC)        

    Overview of Arizona State University

    • Tuition fee: $35,410 (Resident) and $57,324 (Non Resident)
    • Program Duration: 9 months
    • Average salary among these graduates: $109,033

    What Do We Love About Arizona State University?

    Located in Tempe, Arizona, Arizona State University’s WP Carey full-time traditional MBA with a supply chain management concentration mixes core business skills with top-tier supply chain expertise. From product design to disposal, the program teaches you strategic skills, analysis, and leadership skills.

    Their Supply Management and Negotiations elective goes beyond the basic concepts of the field. The school’s Supply Chain Management doesn’t just cover one area—it digs into multiple fields while offering a perspective that’s both US-focused and global.

    • Arizona State University is great for students who: Are social and want an active campus life since ASU offers great socializing opportunities, along with multiple clubs and organizations.
    • Arizona State University might not be the best fit for those who: Prefer smaller campuses since ASU’s campus is pretty huge, making some students feel overwhelmed by the large student population and territory.
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Job Outlook for MBA in Supply Chain Management

Let’s take a quick look at different career options after the MBA in Supply Chain Management to give you an idea of what’s coming next.

Logistics Manager

The Logistics Manager handles the flow of products and services inside and outside of the organization. They monitor distribution, shipping, transportation, and the flow of raw materials. Additionally, they supervise warehouse teams at different locations, plan routes, and adhere to the company’s budget plan.

Supply Chain Manager

Often requiring a master’s degree in the field, Supply Chain Managers are top-level managers responsible for monitoring the organization’s entire supply chain process. They look after different functions, join hands with different departments, and keep track of customer demands.

Procurement Manager

  • Median Annual Salary: $127,800 per year 
  • Growth: -6% from 2018-2028

Procurement Managers are responsible for sourcing and acquiring goods, services, and materials needed by an organization to support its operations. They develop procurement strategies, identify key suppliers, and negotiate contracts while adhering to budget constraints.

Woman holding a clipboard while checking supplies on a warehouse

Materials Manager

  • Median Annual Salary: $122,172 per year
  • Growth: 13% in the last five years 

Materials managers oversee a company’s inventory, making sure that the business meets the customer’s demand with the right products, goods, and services. Plus, they oversee materials, minimize waste, and efficiently manage the production output.

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Skills Required for MBA in Supply Chain Management Jobs

If you’re serious about advancing your career in supply chain management with an MBA, the degree alone won’t suffice. You must have the right set of skills to kickstart your desired career in the field. Here’s a list of skills you need to acquire:

  • Problem-solving skills
  • Relationship Management
  • Data analysis
  • Strong commitment  
  • Technical skills
  • Negotiation skills
  • Adaptability

Related Questions

Is an MBA good for supply chain management?

Yes, for many, earning an advanced degree in supply chain management offers multiple perks, including strong salaries and higher demand. For instance, the highest-paying career in the field, i.e., Procurement Manager, earned an average salary of $127,800.

Is an MBA better than a master’s in supply chain management?

While an MBA in supply chain concentration is ideal for those wanting a versatile skill set for various roles, an MS in supply chain management programs targets those focusing solely on SCM. Fortunately, both degree programs prepare you for rewarding careers in the field.

What are the highest-paying careers after an MBA in supply chain management?

Although Supply Chain MBA programs open doors to countless career opportunities, the highest-paying careers include purchasing managers, supply chain analysts, and supply chain managers, offering up to six figures annually.

Conclusion

To enroll in the best supply chain management MBA program, go through the ins and outs of your preferred schools beforehand. With an MBA program, multiple high-paying careers in Supply Chain Management await you!  

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