The Top Supply Chain Management Careers for MBA Grads
If you’ve got your MBA in hand or if you soon will, a supply chain career is worth exploration. This article will look at how you can launch a supply chain career, the typical salary ranges for supply chain management (SCM) and supply chain design roles, and some of the top MBA programs if you seek to develop or begin a career in the field.
Career Focus: Recruitment at Bristol-Myers Squibb
Pharmaceuticals—whether it’s the research & development side of the industry, or the IT, supply chain, marketing, HR or accounting end of things—is an industry that needs responsible leadership as it continues to transform. Fortunately for MBAs, there are a number of programs specializing in pharma and healthcare, with a diversity of openings.
Bristol-Myers Squibb is well known for its university recruitment and co-op/internship programs. With headquarters in New York City, and facilities across the country, BMS places students from some of the country’s leading universities within its ranks. The following is a rundown of Bristol-Myers Squibb’s university recruitment programs.
Real Humans of the Rutgers Business School
When considering earning an MBA, a few priorities tend to stick out. Cost, career opportunities, flexibility, and educational value are all obvious sticking points. However, another crucial feature should matter more when it comes time to decide where you’ll go: return on investment.
The Rutgers Business School in New Brunswick and Newark, New Jersey, isn’t just the premiere MBA option in the Garden State (ranked 44th overall by U.S. News & World Report): it’s among the best return on investment opportunities you can find anywhere.
According to the Financial Times, which also ranks RBS among the best business schools in the world, the average salary jump for MBA grads is a staggering 112 percent. This return on investment figure bests some of the most recognizable programs in the world, including Dartmouth’s Tuck School of Business, the London Business School, and New York University’s Stern School of Business.
Part of the reason for such a pronounced ROI is, of course, the school’s ideal proximity to the New York City metro, offering students extensive opportunity advantages that other prestigious institutions struggle to compare to. Other provincial factors in the eye-popping ROI are the lauded areas of focus, including supply chain management (ranked 6th best in the country by U.S. News & World Report). When factored together, it may not be surprising to find a lot of diverse backgrounds studying at Rutgers Business School.
When talking with several current students, the litany of non-traditional students tends to stand out, including a radio DJ tired of an exhaustive industry, a theater vet, a former fifth grade music teacher looking to break out in an entirely new field, and more. Read on to see their stories and what the future may hold for life after an MBA.
7 Best Schools that Specialize in Supply Chain Management
Supply chain management delves into business at the big-picture level. It puts all the operations together to ensure that everything functions smoothly. It’s the ideal position for individuals who are interested in managing people, organizing moving parts, and analyzing global trends.
According to the Bureau of Labor and Statistics, supply chain management and operations is a fast-growing career field. The employment rate is expected to increase by 7 percent by 2026. It’s also an industry with high salary potential with additional earning opportunities due to commissions and bonuses.
Earning an MBA in supply chain management opens up a host of opportunities to work as an inventory control manager, purchasing manager, vendor managed inventory coordinator, warehouse operations manager, and more. And almost every company needs quality employees in the field, which means you could find yourself working in retail, healthcare, technology, and more.
If that sounds of interest to you, the key is finding the right MBA program for success. Below, we’ve outlined our top seven picks for MBA programs in supply management. Continue reading…
Cornell Study Reveals Curious Fashion Findings, and More – New York News
Let’s explore some of the most interesting stories that have emerged from New York business schools this week, including curious new findings from a recent Cornell study.
How Disclosing Sponsored Content Affects Consumer Trust in Bloggers – Johnson Business Feed
Cornell University SC Johnson Graduate School of Management Assistant Professor of Management and Organizations Sunita Sah, along with Georgetown’s Prashant Malaviya and Debora Thompson, recently co-authored new research that examines how “consumers react to disclosures of sponsorship from fashion bloggers.”
In a recent release from the Johnson Business Feed, professor Sah writes, “In contrast to much of the previous research on conflict of interest disclosures, we found that in the context-rich setting of online blogs, conflict of interest disclosures have the unanticipated consequence of increasing, rather than decreasing, consumer trust in the blogger and their expertise.”
Sah explains how the blogosphere could more effectively handle disclosures:
“If the purpose is to protect consumers by assuming they will make the necessary adjustments to the advice they receive, it’s crucial that we consider the impact of processing by readers and thoroughly understand any unintended consequences that may occur. We may just have to think harder for solutions other than disclosure to manage conflicts of interest.”
You can find more about the Cornell study here.
Round-the-Clock Work Emails Impact Health, Relationships – Lehigh College of Business and Economics Blog
New research co-authored by Lehigh University College of Business and Economics Associate Professor of Management Liuba Belkin, Virginia Tech’s William Becker, Colorado State’s Samantha A. Conroy, and Virginia Tech doctoral student Sarah Tuskey finds that “personal relationships and home life suffer for those tied to their work emails round-the-clock.”
Liuba Belkin, Ph.D., Lehigh Associate Professor of Management
According to the Lehigh College of Business and Economics Blog, the study is the first to “test the relationship between organizational expectations to monitor work-related electronic communication during non-work hours and the health and relationship satisfaction of employees and their significant others.”
Belkin notes that round-the-clock work emails are “an insidious stressor that not only increase employee anxiety, decrease their relationship satisfaction and have detrimental effects on employee health, but also that they negatively affect partner (significant other) health and marital satisfaction perceptions.”
Belkin recommends that organizations “set off-hour email windows and limit use of electronic communications outside of those windows or set up email schedules when various employees are available to respond.”
The researchers presented “Killing Me Softly: Electronic Communications Monitoring and Employee and Spouse Well-Being” at the Academy of Management annual meeting in Chicago earlier this month and is due for publication in the Academy of Management Best Paper Proceedings.
You can read the full article here.
Professor Applies Principles of Operations Management to New Areas – Rutgers Business News
The Rutgers Business School recently published a profile of Supply Chain Management Department Chair and Associate Professor Lian Qi, whose research “goes beyond the traditional supply chain domain [to explore] new and relevant [topics] related to areas of high impact.”
According to the profile, highlighted in a recent release from Rutgers Business News, Professor Qi’s research “seeks to apply operations management principles and techniques to resolve customer service issues in … healthcare service and the service operations for electric vehicles.”
In the piece, Professor Qi explains why he opted to pursue a career in academia:
“My father is a professor who has inspired my various interests since I was a child. The second reason is that after I worked as a supply chain management consultant at SAP, I wanted to study more theoretical concepts in this area. I also love to work with students. This makes me feel that I can really help many people not just help a department within a company.”
YOu can read the full interview of Qi here.
Schulich Announces New Supply Chain Management and Infrastructure Programs
A business school that isn’t constantly and consistently looking for ways to increase its presence and offerings is one that is falling behind. The goal of every business school is to fill gaps in the economy and society by training up the next and current generation of experts. As part of that effort, York University’s Schulich School of Business announced the launch of two new programs: the Master of Supply Chain Management degree and the G7 Global Development Initiative. Continue reading…
