Masters in Supply Chain Management in Canada for Indian Students

The Masters in Supply Chain Management is famous worldwide. The demand for supply chain management specialists has expanded due to recent technological advancements and a greater emphasis on supply chains and globalisation, which is the basis for the program's expansion.

Supply chain management, which covers all procedures that convert raw materials into finished commodities, handles the movement of goods and services. It simplifies a company's supply-side operations to optimise customer value and achieve a competitive edge in the market.

Suppliers attempt to design and operate supply chains which are as practical and cost-effective as feasible through supply chain management (SCM).

Supply chain management often aims to keep a tap on production and distribution centrally. Companies can save unnecessary expenses and expedite the delivery of goods to customers by optimising the supply chain. Internal stocks, internal production, internal allocation, internal revenues, and the inventories of firm vendors are all closely monitored to achieve this. 

Why Study Masters in Supply Chain Management in Canada?

Canada is among the most well-liked study destinations worldwide due to its emphasis on luring international students who can subsequently immigrate and its high regard for the calibre of its colleges. Canadians make great efforts to assure overseas students' protection, equal treatment, and happiness and extend their warm welcome. Therefore, studying in a country with one of the strongest economies while enjoying a good living level and adaptable educational opportunities is always special. Classes with fewer students ensure each gets the attention they need and encourage group projects and conversations.

Professional supply chain and logistics managers are more in demand to oversee the efficiency and effectiveness of the sector due to the expanding need for competent logistics on the global market. Canadian institutions created Logistics and Supply Chain Management as a distinct curriculum to satisfy this need, enabling students to entirely comprehend the sector's complexity.

• For the next five years, there are expected to be 66,000 job openings in Canada's supply chain management sector.
• Masters programmes in supply chain management are offered by four business schools and five Canadian universities.
• The certified supply chain management specialist credential is available more quickly and at a lower cost for Schulich Business School students.
• It is anticipated that the rate for supply chain employees will be 8.4% for tactical positions and 14.94% for management positions.

Read More: Supply Chain Management Courses in Canada

Masters in Supply Chain Management in Canada - Course Highlights

Master's in supply chain management in Canada is a popular program worldwide. The course is designed to provide students with knowledge in a variety of areas, including:

• Global logistics management
• Supply chain management
• Procurement strategy.
• Information technology in supply chain and logistics.
• Project management.
• Advanced production planning and scheduling.
• Sustainable supply chains.

Over the next five years, there should be approximately 356,700 openings in the SCM sector, making Canada a new favourite destination for MSCM. With a master's degree in supply chain management from Canada, international students may find it easier to land administrative or other tactical roles in various industries. MSCM postgraduates with entry-level positions can receive an additional 83,000 USD annually in Canada.

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Top Universities for Supply Chain Management in Canada

A Master's in supply chain management is required by some of the best universities in Canada. Students can receive a fast track to the Supply Chain Management Association of Ontario by enrolling at the York Schulich School of Business. The organisation, which has about 7,500 members, supports students in obtaining professional credentials more quickly.

The following table lists some of the top Canadian universities that provide highly regarded supply chain management courses, along with those universities' global rankings:

Masters in Supply Chain Management in Canada: Eligibility

The following section elaborates on the general eligibility requirements for several masters in supply chain management in Canada, even though the requirements vary for different universities in Canada: -

1. For MSCM/MS
2. GPA: 3.0
3. LOR: 2-3
4. Resume: Not Mandatory
5. GRE/GMAT: Not Mandatory. Score if required= 600-630 (GMAT)
6. IELTS: 6.5-7.0
7. TOEFL: 86-100
8. For MBA
9. GPA: 3.0-3.2
10. LOR: 2
11. Resume: Mandatory
12. GRE/GMAT: Required (550-600)
13. IELTS: 6.5-7.0
14. TOEFL: 79-100

Masters in Supply Chain Management in Canada: Admission Process

The admission process for a master's degree in hotel management in Canada may be summarised in the following points:

Supply chain management-focused MBA programmes in Canada have strict and demanding admission requirements. The admissions requirements for master's programmes or MSCM are comparatively less strict. There are three master's degrees in supply chain management in Canada: MS, MSCM, and MBA. These have slightly different entrance requirements.

Applying online is possible through official websites. International applicants must ensure their applications are filed before deadlines to allow enough time to process Canadian student visas.

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Masters in Supply Chain Management in Canada: Documents Required 

Applicants for enrollment in SCM programmes in Canada must present the following documentation:

1. Transcripts: An academic transcript from each prior university where the applicant earned a bachelor's degree or equivalent must be submitted.
2. Letters of Recommendation: The company writes it to describe how the candidate would profit from the curriculum and their professional achievement. It is comparable to a reference letter.
3. Proof of Language Proficiency: IELTS/TOEFL Scores
4. Resume/Curriculum Vitae: A thorough CV with references that can attest to the applicant's capabilities is also helpful in the application process.
5. Standardized Score (GRE/GMAT)
6. Statements of Purpose or Other Misc. Documents

Cost of Studying Masters in Supply Chain Management in Canada

A master's degree in supply chain management takes at least one to two years to complete in Canada. Studying in Canada typically costs between $23,000 and $47,000, which translates to around INR 17–INR 35 lakhs for Indian students. Below is a list of degree levels and corresponding tuition fees:

Scholarships for Masters in Supply Chain Management in Canada

Graduate scholarships are available to international students at universities who wish to pursue master's degrees in Canada. The following is a list of some of the well-known scholarships available in Canada to international students seeking master's degrees in supply chain management:

Jobs & Salary After Masters in Supply Chain Management in Canada 

Grad students in supply chain management hold positions in planning and coordinating the whole supply chain. The typical monthly wage after a postgraduate degree can be C$ 63,000 [INR 47 lakhs]. With more data available in the market, there is a greater demand for this data-driven position. As a result, more qualified professionals are now making a master's degree in supply chain management a hot topic. A few of the most popular positions in Canada for candidates with a postgraduate program in SCM are as follows:

International students may have to pay between 23,000 and 47,000 USD to pursue a one-year MSCM in Canada. For overseas students, an MBA with an SCM specialisation can cost between 30,000 and 50,000 USD. After earning a postgraduate degree, the typical yearly pay is 63,000 CAD. The demand for this data-driven profession has increased as the amount of data on the market has increased. As a result, the number of skilled experts has increased, making a master's degree in supply chain management a new hot topic.

Still unclear about anything? Well, not to worry. Contact AECC and get your queries answered today! AECC is one of the world's leading educational consultancies with versatile expert professionals ready to help you with any queries you may have. Contact us so we can be of assistance to you in your journey to achieving your dream.