A master’s in business administration, also referred to as an MBA is a course that needs no introductions. MBA has quickly gone on become the most popular course in the world with the degree-holding its value on an international level. Almost all industries in the world, ranging from the aerospace sector to small and medium-sized businesses are in need of a management consultant.

A traditional MBA course draws on knowledge from various disciplines such as psychology, sociology, economics, accounting and finance and is tailored according to the rapidly changing needs of the industry. As a result, MBA graduates are adept at putting their skills to use in public sectors, private companies and a host of industries. Seeing the potential of the subject, many universities have opted to offer specialization options within the best MBA program aimed at students who wish to contribute to a specific industry of their interest. Graduates from a typical MBA program end up working in consulting or finance-related fields. Some choose to climb the corporate ladder, in the hopes of holding top-level executive positions.

Some of the most popular specializations offered within the program are

  • General Management

  • International Management

  • Strategy

  • Consulting

  • Financial Leadership

  • Information Systems

  • Entrepreneurship

  • Marketing

  • Healthcare Management

The advantage of doing a specialized MBA program is that students with a pre-requisite educational background in the specialization of their choice can use their knowledge to come up with more efficient solutions to business problems. As an example, a student with an MBBS degree paired with an MBA in healthcare management is more favoured by hospitals and medical institutions to hold executive positions. Thus, doing a specialized course is well worth the extra effort if you wish at an industry of your choice.

While all of these specializations can be pathways to a successful career in management, there is one field in particular which has been the reason behind the success of some of the largest companies in the world such as Apple, Walmart and Tesla – Supply Chain and Logistics. The field is concerned with the efficient delivery of goods from producer to the consumer and includes everything from raw material procurement to doorstep delivery of the final product.

An MBA in logistics is, therefore, quite a lucrative option for those willing to seek out a specialization in business studies. The course is aimed at preparing students to take up effective roles in the logistics industry including

  • Inventory Control Manager

  • Purchasing Manager

  • Operations Specialist

  • Senior Consultant

  • Industry Analyst

  • Project Manager

  • Shipping Analyst

Executives in this sector can choose to work in any sector of their choice since the supply chain is a vital component to the success of any business or organization. The core subjects taught in the program include business analytics, global purchasing and supply and shipping logistics while also including traditional management courses to build a strong foundation. Studies predict that the logistics industry is set to experience massive growth in the next decade, thus creating a tremendous number of job opportunities in the sector.