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Content Strategy Manager | Updated On - May 9, 2024
MS in Supply Chain Management in Australia: Supply Chain Management or SCM refers to planning, coordinating, and controlling the flow of goods and services from raw materials to the end consumer. Australia's location in the Asia-Pacific region, with its strong economy and growing infrastructure, makes it a prime location to study Masters in Supply Chain Management.
- MS in Supply Chain Management in Australia is a 1 to 2-year postgraduate degree program.
- You need a bachelor’s degree in SCM with at least a 60% aggregate for admission to MS in SCM in Australia.
- The annual tuition fee for Masters in Supply Chain Management in Australia varies from INR 15 to 27 lakhs.
- The average salary of a supply chain manager in Australia salary is INR 50 Lakhs per year.
Australia offers graduates real-life learning experiences through jobs and internships. Admission to masters in supply chain management courses in Australia is offered in 2 intakes – February and July. Australian companies are embracing automation and digitalization in supply chain processes, creating a demand for SCM professionals. The top job sectors recruiting graduates of Masters in Supply Chain Management in Australia include business operations, manufacturing, industrial management, etc.
Top Universities for Masters in Supply Chain Management in Australia
Australia is home to several universities that offer exceptional Masters in Supply Chain Management programs. Some of the top universities in Australia for Supply Chain Management as per THE World Rankings are tabulated as follows:
THE World Rankings | University | Program Deadlines | Total Tuition Fee (AUD) |
---|---|---|---|
148 | University of Technology, Sydney | 30 April 2024 | 48,096 |
201-250 | University of Wollongong, Sydney | 30 June 2024 | 32,064 |
=199 | University of Queensland | 30 June 2024 | 44,288 |
251-300 | RMIT University | 24 July 2024 | 39,360 |
401-500 | Victoria University | 29 July 2024 | 34,600 |
37 | University of Melbourne | 31 May 2024 | 29,600 |
301-350 | University of Western Australia | July 2024 | 44,200 |
301-350 | University of Southern Australia | July 2024 | 37,700 |
These universities offer practical experiences through internships and job placements, enriching students' academic journey with hands-on learning opportunities.
Check: Best 15 Master in Supply Chain Management Universities in Australia
Top Programs for MS in Supply Chain Management in AustraliaAustralia has exceptional Master of Supply Chain Management programs. The top three leading MS in SCM in Australia courses are:
The University of Melbourne's program emphasizes global supply chain management, while UTS leans towards logistics and UQ offers a generalist approach. UTS offers specializations in Procurement and Sustainable Supply Chain Management areas. MS in Supply Chain Management in Australia programs range from 1-2 years in a full-time mode. |
Why Study Masters in Supply Chain Management in Australia?
Australia offers an exceptional scope for students graduating with MS in SCM as –
- Australia has globally ranked institutions known for their academic excellence like the University of Melbourne, the University of Technology in Sydney, and Queensland University.
- Graduates in Supply Chain Management are equipped for diverse roles in customs management and logistics coordination.
- Australia is a preferred study destination due to its high-quality education system and robust placement opportunities.
- The Supply Chain Management sector in Australia is projected to grow by approximately 12% in the next 5 years.
- With a global surge of 33% in e-commerce shopping, the demand for supply chain professionals is increasing.
Supply chain courses in Australia cover the movement of goods through ports, factories, and warehouses, providing students with a holistic understanding of the supply chain ecosystem. Australia's status as a major trading nation emphasizes the importance of skilled professionals, driving demand for specialists in the field.
Masters in Supply Chain Management in Australia Admissions
The application procedure for a Masters in Supply Chain Management in Australia commences twice a year – February and July. The general eligibility criteria across the universities are –
- Bachelor’s degree in Supply Chain Management or equivalent with at least 60%.
- 2 years of professional work experience (preferably in logistics, supply chain or a procurement role)
- Standardised Test Scores:
- GRE score: 160 in Verbal and 164 in Quant
- GMAT score: 550 overall
- Proof of English Proficiency:
- IELTS score: 6.5 overall scores (with no less than 6.0 in each band)
- TOEFL score: 79 to 87 overall
The supporting documents required for admission to Masters in Supply Chain Management are official transcripts, a 500-word SOP, an updated resume/CV, a valid passport, and an Australian student visa.
An Indian Student's Guide For Admission to Masters in Supply Chain Management in Australia"The prospect of studying Supply Chain Management (SCM) at a world-renowned university like UQ was exciting," beams Akash Malhotra, a recent graduate from Delhi University. Akash's acceptance into the University of Queensland's Master of Supply Chain Management program marks a significant milestone in his academic journey. Akash's path to UQ wasn't easy. He meticulously built a strong academic foundation, graduating with a commendable GPA of 3.85 out of 4.0 and strategically choosing courses aligned with his chosen field. "Logistics, operations management, and international trade were crucial areas I focused on during my undergraduate studies," Akash explains. He diligently prepared for the GMAT, achieving a score of 680 (72nd percentile) which strengthened his application. The application process for Australian universities can be rigorous. Akash emphasizes the importance of thorough research. "I shortlisted universities with strong SCM programs aligning with my career goals," he says. Once shortlisted, he gathered official transcripts, and proof of English proficiency, and wrote a compelling statement of purpose (SOP). Strong recommendation letters from professors further strengthened his profile. |
Masters in Supply Chain Management in Australia Tuition Fees
Australia is not a highly affordable country to study in. The annual tuition fee for Masters in Supply Chain Management in Australia ranges from AUD 29,600 to 56,500. You can get the university-specific tuition fees from the following table:
University | Annual Tuition Fees (AUD) | Equivalent Fees (INR) |
---|---|---|
University of Queensland | 44,288 | 23.97 Lakhs |
University of Melbourne | 29,600 | 16.02 Lakhs |
University of Sydney | 56,500 | 30.58 Lakhs |
Victoria University | 34,600 | 18.73 Lakhs |
The University of Southern Australia | 37,700 | 20.41 Lakhs |
RMIT University | 39,360 | 21.31 Lakhs |
University of Western Australia | 44,200 | 23.93 Lakhs |
Curtin University | 30,750 | 16.64 Lakhs |
La Trobe University | 41,400 | 22.41 Lakhs |
University of Technology, Sydney | 48,096 | 26.03 Lakhs |
University of Wollongong | 32,064 | 17.35 Lakhs |
Check Out: Cheap Universities in Australia
Cost of Living in Australia
The cost of living in Australia for a Master's in Supply Chain Management student can vary depending on several factors. Major cities like Sydney, Melbourne, and Brisbane will generally be more expensive than smaller towns. The major expenses include –
- Accommodation: AUD 340 - 860 per month (shared apartment/student housing) OR AUD 800+ per month (private apartment)
- Food: AUD 300 - 500 per month
- Health Insurance (Overseas Student Health Cover - OSHC): Approx. AUD 500 - 1,000 per year
- Textbooks & Course Materials: AUD 500 - 1,000 per year
- Phone & Internet: AUD 50 - 100 per month
Renting a shared apartment or student accommodation will be more affordable than renting a private apartment. You can check cost of living in Australia and plan your expenses accordingly.
Masters in Supply Chain Management in Australia Scholarships
Merit-based scholarships and grants allow international candidates to fund their education. Students pursuing Master in Supply Chain Management in Australia with academic excellence can apply for the following scholarship programs:
Scholarship | Award |
---|---|
Early Bird Acceptance Grant | 5% waiver of the first-year tuition fee |
La Trobe India Scholarship | 25% fee reduction |
Australia Awards Scholarships | Varies |
UTS Grant for Masters by Coursework Students | 3,000 AUD towards the first session tuition fees |
Also Check: Scholarships in Australia for International Students
Masters in Supply Chain Management in Australia Jobs
After completing Masters in Supply Chain Management in Australia, students can work professionally as a Logistics Coordinator, Business Analyst, or Market Research Analyst. The average annual income depends on the job role you pursue such as –
Job Title | Average Annual Salary (AUD) | Salary Equivalent (INR) |
---|---|---|
Logistics Coordinator | 73,188 | 39.58 Lakhs |
Business Analyst | 104,855 | 56.71 Lakhs |
Market Research Analyst | 87,502 | 47.33 Lakhs |
Software Development Manager | 152,423 | 82.45 Lakhs |
Supply Chain Manager | 92,541 | 50.05 Lakhs |
Logistics Manager | 96,230 | 52.05 Lakhs |
Inventory Manager | 93,893 | 50.79 Lakhs |
Distribution Manager | 82,879 | 44.83 Lakhs |
Warehouse Manager | 81,451 | 44.06 Lakhs |
Masters in Supply Chain Management in Australia: Subjects and SpecializationsThe Master of Supply Chain Management (MSc SCM) in Australia is a specialized program offered within broader degrees like Master of Business (M.Bus.) or Master of Management (MM). While the MSc SCM offers a comprehensive foundation, some specializations in the course include –
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Difference between MBA and MS in Supply Chain Management in Australia
Both MBA and MS in Supply Chain Management (SCM) programs in Australia offer promising career prospects. You can see the comparison table below and choose which one fits you the best –
Feature | MBA | MS in SCM |
---|---|---|
Focus | Broad business administration | Specialized supply chain theory and practice |
Program Length | Typically 1.5 – 2 years | Typically 1 – 2 years |
Average Tuition Fees (AUD) | $35,000 - $55,000 | $30,000 - $45,000 |
Average Starting Salary (AUD) | $95,000 - $120,000 | $85,000 - $105,000 |
Career Paths | Diverse business leadership roles (management, consulting) | Supply chain-specific roles (logistics manager, procurement specialist) |
Specializations (Examples) | Finance, Marketing, Entrepreneurship | Global Sourcing, Sustainable Supply Chain Management, Operations Management |
Read More: MBA in Australia
Supply Chain Management is one of the fastest-growing streams or subjects in Australia. Supply chain management covers various topics including Logistics, manufacturing, IT, packaging, etc. An MS in supply chain management in Australia will help you create a career in the growing field of supply chain. With numerous global career opportunities, the program stands out as one of the best in terms of return on investment. With its strong academic foundation, industry connections, and promising career prospects, MS in Supply Chain Management in Australia equips you with success in the ever-evolving world of SCM.
Frequently Asked Questions
Ques. What are the top universities for a Master in Supply Chain Management in Australia?
Ans. Several top universities offer a high-quality Master's in Supply Chain Management in Australia. Some of the top universities are:-
- The University of Melbourne
- The University of Technology, Sydney
- The University of New South Wales
- The Queensland University
- RMIT University
Ques. Is a Masters in Supply Chain Management in Australia worth pursuing?
Ans. Master in Supply Chain Management in Australia is an excellent program for individuals who wish to make a name in Supply Chain Management and Logistics. It offers quality education, excellent placement opportunities, and different degree options.
- Universities in Australia are among the global ranking holders in the world.
- It offers great job opportunities with high-income roles in diverse sectors.
Ques. Does a Masters in Supply Chain Management in Australia include Mathematics?
Ans. Masters in Supply Chain Management in Australia involves several mathematical tools. Several aspects of Supply Chain Management rely heavily on Maths like Machine Learning, Predictive Maintenance, Inventory Management, and Automation.
Ques. What skills are required after a Master's in Supply Chain Management in Australia?
Ans. After completing a Master's in Supply Chain Management in Australia, candidates working professionally should acquire the following skills:
- Enterprise Resource Management
- Business Intelligence Solutions
- Risk Management
- Supply Chain Strategy and Analytics
- Project Management
Ques. How many hours do Supply Chain Managers in Australia work?
Ans. After the completion of a Master's in Supply Chain Management in Australia, candidates, generally, work 40 hours a week. The working hours may increase in case of overtime.
Ques. What are the most high-paid jobs in the field of Supply chain management in Australia?
Ans. The most in-demand jobs in the SCM market in Australia include Supply chain Manager, Warehouse Manager, Logistics Manager, and Inventory Manager.
Ques. Can International students work part-time during an MS in Supply Chain Management in Australia?
Ans. Yes, Australian rules allow international students to work part-time (up to 20 hours/week) while studying MS in Supply Chain Management at a recognized university.
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