Masters in Supply Chain Management in UK: Fees, Top Colleges, Placements & Salaries

Highlights -

• Top Universities - The top universities offering MSc in supply chain management in UK are Cranfield University, University of Kent, and The University of Manchester offering different management courses.
• Eligibility Criteria - In order to get an Msc in logistics and supply chain management in UK, you need to have an aggregate percentage of 60-70%. You need a TOEFL score of 80-100 and an IELTS score between 6.5 to 7.
• Popular Courses - The popular courses for masters in supply chain management in UK are logistics management, operations management, procurement, and transportation management.
• Job Outcomes - MSc logistics in UK offers job roles as a supply chain manager, logical analyst, etc.
• Salary - As a fresher with supply chain management in UK universities, you can earn around 35000 GBP and it can go up to 133,100 GBP yearly.
• Top Recruiters - The top recruiters for MSc in logistics and supply chain management UK are Amazon, Airbus, Walmart, FedEx, and Echo Global Logistics.

Masters in Supply Chain Management in UK is a 1-year program. This program enables you to manage the flow of goods and services from the point of origin to the point of consumption. It is expected that the size of the global Supply Chain Management (SCM) market will increase in the next 2-3 years. After gaining relevant experience, supply chain graduates can earn up to 211,000 GBP (20,120,464 INR) on average compared to an entry-level salary of around 61,200 GBP (5,837,636 INR).

• There is a facility for both full-time and part-time courses in UK for studying master's in supply chain management. Cranfield University, University of Kent, and Durham University are among the best universities in UK for international students that offer this course.
• The majority of the top universities for Masters in Supply Chain Management in UK mandate a first-class or upper-second-class 2:1 Honors bachelor program with an average of 60% to be eligible.
• Some of the top hiring companies are Airbus, Tata Consultancy Services, Adidas, BMW Group, Unilever, and Deutsche Bank.
• Salaries for supply chain executives rise to an average of around £30,420. Supply chain analysts can earn an average of £35,380 and supply chain planners, £30,291.
• The average salary for supply chain managers is around £53,772. At the supply chain director level, the average salary is around £102,411.

It is seen that students graduating from the University of Kent have the highest ROI percentage of 146%. This number indicates that the annual investment in the course is less as compared to the annual average salary they have received.

Courses in Supply Chain Management in UK

Key modules covered on an MSc logistics and supply chain management course include:

• Logistics Management: The planning, execution, and control of the movement of goods and services
• Operations Management: The design, management, and improvement of production processes.
• Procurement Management: The selection, evaluation, and management of suppliers and the negotiation of contracts
• Transportation Management: The planning, execution, and management of the transportation of goods and services
• Demand Planning and Forecasting: The use of data and analytics to forecast future demand for goods and services.

Skills Required for a Supply Chain Manager

The top skills required for a supply chain manager are listed below -

• Strong planning skills.
• A logical and systematic approach to work.
• Good time management, with the ability to work under pressure, maintain accuracy and keep to deadlines.
• The ability to solve problems and make decisions, as well as to think strategically and laterally.
• Excellent relationship management skills, with the ability to work collaboratively with internal and external teams.
• Negotiation and influencing skills.
• Business management and analytical skills.
• Excellent communication skills, both written and oral.
• The ability to lead and motivate a team.
• IT literacy, skills in Excel, and the ability to handle electronic data.
• Understanding of risk management in the context of the supply chain.

Masters in Supply Chain Management in UK: Top Universities

Various universities in the UK offer Master’s in Supply Chain Management. Their process of admission and fees can vary from one another. Students can apply directly through their respective websites for the programs offered by each university.

Note: 1GBP = 106.66 INR, as of 7th June, 2024

Why study Masters in Supply Chain Management in UK?

Some of the reasons why students prefer Uk for their masters in Supply chain management are discussed below-

• Some of the top universities for Masters in Supply Chain Management in UK, including the University Of Manchester and the University Of Southampton are among the top 100 universities in the world, according to the QS World Rankings 2023.
• The employability rate after studying Master in supply chain management in the UK is almost 97 %. The jobs have increased Post-covid in the UK in the supply chain field
• The fees begin from as low as 12,000 GBP
• After graduating, one can land up on a job within 3 months. The salary for a fresh applicant would be around 61,200 GBP with an expected average salary of 133,000 GBP (13.2 L INR) per annum
• The unemployment rate of UK as of September 2024 is 3.6%, indicating abundant job opportunities for graduates.

Masters in Supply Chain Management in UK: Admission Requirements

Most of the top universities for Masters in Supply Chain Management in UK demand a Bachelor’s degree (Hons) with an overall aggregate of 60-65%. The additional entry requirements for Master in Supply Chain Management in UK are given below:

Masters in Supply Chain Management in UK: Eligibility Criteria

It is required of most universities for the students to hold a Bachelor’s (Hons) degree for application, though some might require a professional degree with work experience. Along with it, standard English language proficiency scores are mandatory apart from GRE, passport and visa requirements. The following are the other requirements:

• A bachelor’s ( honors) degree with an average of 60% is required. The student should hold a first or upper-second-class designation or equivalent from a university in the UK or overseas
• A minimum GPA of 3.0 or equivalent is required
• An average of 550 GRE is required
• English Proficiency test scores ( average): IELTS- 6.5, TOEFL- 80-100, PTE-66-73
• An SOP or statement of Purpose with the required information regarding the course
• LORs or Letters of Recommendation
• Copy of degree certificate
• Experience certificates
• Valid Passport
• UK Student Visa

Masters in Supply Chain Management in UK: Cost

The cost of studying abroad in UK includes tuition fees and living expenses. It is always preferable to be aware of the costs involved and optimize the budget ahead of time to ensure a smooth experience. Below is a detailed breakdown of the cost of studying in UK:

On average, a student would have to spend 26,000 GBP ( 25.86 L INR) per year on tuition fees. Apart from this, the cost of living would total around 13,000 GBP (13 L INR) every year. Thus, a student's total cost for studying Master in Supply Chain Management in the UK would amount to 40,000 GBP (39.7 L INR).

Masters in Supply Chain Management in UK: Tuition Fees

The average tuition fee for studying Master in Supply Chain Management in the UK is 26,000 GBP (25.86 lakhs INR)

Cost of Living in UK

The estimated monthly expenditure and cost of living in UK for an international student is around 1,120 GBP (1.11 lakhs INR). The following table demonstrates the average monthly expense to be expected by an international student in UK:

Note: 1GBP = 106.66 INR, as of 7th June, 2024

Masters in Supply Chain Management in UK: Scholarships

Various scholarships are offered to students studying for a Master in Supply Chain Management in the UK. They are mostly awarded by universities to students showcasing excellent academic skills, or to applicants with financial need. Following are some of the scholarships for international students in UK to help them bear the cost structure of studying in UK:

Masters in Supply Chain Management in UK: Placements

Graduates of Masters In Supply Chain Management in UK have been able to find employment in various companies such as Airbus, Tata Consultancy Services, Adidas, BMW Group, Unilever, and Deutsche Bank. Some of the most preferred job roles and professions after Master in Supply Chain Management in UK are as follows:

Note: 1GBP = 106.66 INR, as of 7th June, 2024

Logistics and supply chain management in UK, is now becoming a highly sought-after field for employment that offers an exciting high-tech career. Masters in Supply Chain Management provides general training and knowledge for those who want to work for specialist roles in operations or management

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