Masters in Supply Chain Management (MSCM) is the new hype-course. The reason for the same is the advancement in technology and increased focus on supply chain & globalization has resulted in the need for supply chain management (SCM) experts.
Canada is the new destination for MSCM as it is anticipated to have around 356,700 openings in the SCM sector in the upcoming five years. Masters in supply chain management in Canada can help international students in securing managerial or other tactical roles in various fields. Entry-level postgraduate in MSCM can earn up to 83,000 USD/year.
There is a constant production of goods and services from raw material within industries. The flow of goods & services and all the processes involved in the transformation of the raw material to finished product is supply chain management.
A master’s in supply chain management in Canada is available as an MS, MBA or MM (masters in management) specializations as well. The program is a one year course (MS and MM, MBA- two years) costing international students around 23,000-47,000 USD.
Why Study Masters in Supply Chain Management in Canada
- 5 Canadian universities and 4 business schools offer Masters in Supply Chain Management.
- Students from Schulich B-School can pursue their certified supply chain management professional designation at a discounted and faster rate.
- Anticipated vacancies in Canada for the SCM sector are 66,000 positions per year for the next five years.
- The rate of increase for supply chain employs is expected to be 8.4% for tactical jobs and 14.9% for managerial posts.
Masters in Supply Chain Management in Canada- Top Universities
Some of the top-ranking universities in Canada offer Masters in Supply Chain Management. These are listed below along with the type of program available:
World Ranking (THE) | University | Program Offered | Intake Sessions |
---|---|---|---|
#401-500 | York Schulin School of Business | MSCM (Master of Supply Chain Management) | May |
#85 | HEC Montreal | MSc Global Supply Chain Management | September January |
#601-800 | University of Windsor | Masters of Management Logistics and Supply Chain Management | September January |
#351 | University of Manitoba | MSc Supply Chain Management | September |
#601-800 | Concordia University | MSCM | September |
MBA with Supply Chain Management Focus | |||
#18 | Rotman School of Management | MBA | May onwards |
#136 | Alberta School of Business | MBA | May |
#72 | DeGroote School of Business | MBA | May |
#251 | Universite Laval | MBA | September, January, April |
Admission with the York Schulich B-school allows students to gain a fast-track to Supply Chain Management Association Ontario. The association represents around 7,500 members and helps students to get professional designations at a faster rate.
The admissions in business schools offering MBA in Canada with supply chain management specialization are difficult and stringent. Admissions in the masters of science or MSCM programs are relatively less rigid.
There are postgraduate diploma and certificates available at the following Canadian universities
in supply chain management:
- Seneca College: Certificate
- Thompson River University: Diploma
- Humber College: Certificate
- University of Winnipeg- PACE: Diploma
- Centennial College: Certificate
- McGill University: Diploma
Masters in Supply Chain Management in Canada: Admission Process
Masters in supply chain management in Canada is available as MS, MSCM, and MBA degrees. The admission requirements for these vary slightly. The details of the application portal, admission requirements, and eligibility are detailed below:
Application
Online through official websites. International applicants must ensure that the applications are submitted before deadlines for ensuring ample time for Canadian student visa processing.
Masters in Supply Chain Management in Canada: Eligibility Criteria
For admissions in supply chain management masters programs, applicants must have a minimum GPA of 3.0 or a grade B. The specific eligibility criteria for various universities offering masters of science, management, and business administration in supply chain management is listed below:
Type of Degree/Requirement | MSCM/MS | MBA | Master of Management |
---|---|---|---|
GPA | 3.0 | 3.0-3.22 | 3.0 |
LOR | 2-3 | 2 | 2 |
CV/Resume | Mostly not required | Required | Required |
GMAT/GRE | May or may not be required Score required: 600-630 (GMAT) | Required 550-600 | Not required |
IELTS | 6.5-7.0 | 6.5-7.0 | 7.0 |
TOEFL | 86-100 | 79-100 | 100 |
Work Experience | Mostly not required | Recommended | Not required |
Interview | Not required | Required | Required |
Interviews and GMAT scores are a mandatory aspect of admissions in business schools offering an MBA with SCM focus. However, for admissions in MS SCM or MSCM interviews do not play an important role. Applicants who have not appeared for GMAT tests should apply for MSCM or MS SCM, instead of MBA.
Documents Required
The given image describes the documents required along with the application package:
Admission Decisions
The admissions in this data-driven field are competitive and holistic. However, if there are interviews required for admissions, applicants’ performance plays a decisive role. If the standardized test scores are required for the admissions process, applicants must ensure fulfilling the minimum requirements. The decisions can be announced in a time span of 4-8 weeks post applications are received.
Cost of Studying Masters in Supply Chain Management in Canada
The cost of studying for international students can be broadly categorized into expenses pre-arrival or application, tuition fees, and living expenses.
Pre-arrival Costs
International applicants planning to study abroad experience the following costs while making applications and completing other formalities.
Type of Expense | Cost (USD) |
---|---|
Program Application Fees | 75-113* |
Visa Application Fees | 235** |
Health Insurance | 10,000 |
IELTS Fees | 185-190 |
TOEFL Fees | 160-250 |
GRE Fees | 205-230 |
GMAT Fees | 250 |
Airfare | 450-1400 |
*Depends on the university
**150 USD for a Canadian Study Permit and 85 USD is Biometric fees.
Tuition fees for Masters Supply Chain Management
The tuition fees for Masters in Supply Chain Management in Canada are listed below:
University | Tuition (USD)/year (approx) |
---|---|
York Schulich School of Business | 19,100 |
Concordia University | 28,400 |
Manitoba University | 8,500 |
HEC University | 20,000 |
University of Windsor | 7,523 |
Rotman School of Management | 23,700 |
Alberta School of Business | 21,000 |
DeGroote School of Business | 32,700 |
Universite Laval | 20,000 |
Cost of Living in Canada
Cost of accommodation, books & material, transport, food & beverages, etc. make up the cost of living for an international student. The cost of living in Canada may vary slightly depending upon the university and city international student is living in. Basic living expenses are as follows:
Type of Expense | Cost in USD/year |
---|---|
Books and Material | Up to 15,000 |
Food and Beverage | 3000-5000 |
Accommodations | 4,500-10,500 |
Masters in Supply Chain Management in Canada with Scholarships
International students at various universities are offered different types of graduate scholarships for pursuing masters in Canada. Some of the popular scholarships available to international students pursuing masters in supply chain management are listed below:
University | Scholarship | Award (USD) |
---|---|---|
York Schulich School of Business | Cai Milhorati Graduate Business School Council Award | 1,880/year |
Concordia University | Graduate Entrance Award Scholarship | Varies |
Manitoba University | International Graduate Student Scholarship | Varies depending on the consecutive year’s tuition fee |
HEC University | Entrance Scholarships | 1,500-3,000/year |
University of Windsor | Graduate Entrance Scholarships | 5,600/year |
Rotman School of Management | Ontario Graduate Scholarship | 3781/semester |
Alberta School of Business | Graduate Entrance Scholarships | 11,300 |
DeGroote School of Business | MBA Entrance Scholarships | 750-7,500 |
Universite Laval | Not Available | – |
Jobs Prospects
International applicants wanting to make a career in Canada are required to have a work permit. Postgraduates in supply chain management are employed in positions responsible for the end-to-end design and coordination of an organization’s supply chain. Some of the popular roles offered to candidates with masters in supply chain management in Canada are listed below: Looking for Admissions here? or need Help?
Job Title | Annual Median Salary (USD) | Job Title | Annual Median Salary (USD) |
---|---|---|---|
Logistic Coordinator | 42,000 | Logistics Manager | 77,025 |
Logistician | 43,875 | Storage & Distribution Manager | 77,295 |
Logistic Analyst | 46,500 | Production Planning Manager | 77,295 |
Purchasing Agent | 52,500 | Purchasing Manager | 80,000 |
Operations Manager | 73,125 | Supply Chain Manager | 82,875 |
The attempt to centrally control or link the production, shipment and distribution of products is SCM. Postgraduates in SCM can help industries in cutting down the excess costs and minimizing the effect of inevitable crises. A product from such industries is usually supplied on time to the beneficiary.
Pursuing a one-year master’s in supply chain management in Canada can cost international students 23,000-47,000 USD. An MBA with SCM focus can cost international students around 30,000-50,000 USD. The average annual salary after completion of the postgraduate degree lies within the range of 45,000-100,000. With the rise in the data available in the market, there has been a spike in the need for this data-driven role. This has resulted in the rise of trained professionals, making masters in supply chain management the new hype-course.