Logistics & Supply Chain Management

There are very less number of colleges in India which offer MBA in operations and supply chain. Being an engineer myself who decided to pursue PGDM in operations and supply chain management from SP Jain Institute of Management and Research, I can strongly correlate to your dilemma and can assure you that pursuing PGDM from SPJIMR could be one of the best decisions of your career.
SPJIMR strongly focuses on case based learning. Apart from academics, there is a strong inclination towards non-classroom initiatives that are intended towards helping people at the bottom of the pyramid.
In terms of placement, there is a huge demand of people from operations and supply chain management in various industries like FMCG, Consulting, etc., who come at SPJIMR every year offering various different roles in different industries.

MBA in operation and supply chain management will help engineering students for no doubt. The job opportunities are very vast and large number of companies hire candidates with this qualifications.
Operation as whole, depends on how they manage the whole production of the company with efficiency and supply chain management, related to how the movement of goods and services take place inside a company.
The engineering students, even after completing their B.Tech or BE course will go for production or R&D functions in an organization. For better salary, doing MBA in operation and SCM will benefit the student in a better way. The salary ranges from 11 lakhs on an average, which is very good as compared to HR and finance.
So, I suggest you to take operations and SCM as specialization while doing your MBA.

Supply chain management is the field in which one has to deal with procurement, transportation, inventory, logistics, production, manufacturing science, etc. All these fields are required for the Supply chain professional to be more accurate and efficient with these parts of whole Supply chain. In this field, you have the option for becoming a Supply chain analyst, Supply chain manager, logistics manager, warehouse manager, etc. The starting salary package in India ranges from profile to profile and company to company with minimum package being 4 lakhs per annum to 10 lakhs per annum in the beginning.
Whereas, talking about agribusiness management, you will be dealing with fields related to agriculture and support tools like fertilizer, pesticides management and their manufacturing of these products. You will be required to create Marketing and other operations to these companies to make agriculture more efficient to the area required. So, both the fields are different with different career and growth prospects available.
Hope this information helps.
All the best.

In Supply Chain Management you will be dealing with all the supplies onto the procurement, production, transportation, warehousing inventory etc. They will be responsible for the on-time production of the good and transportation to the end level. As a supply chain professional, you will be dealing with supply chain issues from procurement to final production to final delivery to the end customer. It is the most emerging and challenging field in the market currently. So if you are a supply chain professional you will require to update inventory level, manufacturing science, transportation logistics, warehousing etc. The starting salary for supply chain will be about Rs 4 lakh per annum to about Rs 7 lakh per annum depending on the company and your profile. It will increase with experience.
Whereas Entrepreneur Management is concerned with the development of being idea of business and to grow new business in the market. So if you are able to generate new idea you will be able to grasp the things.
All the best!!

Finance and Supply Chain are both different fields with different scope and growth prospects. If you are a supply chain professional you will be dealing with supply chain issues from procurement to final production and final delivery to the end customer.It is the most emerging and challenging field in the market currently so if you are a supply chain professional you will require to update on inventory level manufacturing science transportation logistics warehousing etc. All these will be your necessary part of life.The starting salary in Supply Chain will be about Rs 4 lakh per annum to about Rs 7 lakh per annum depends on the company and your profile. It will increase with experience.
Now talking about Finance field it will be more into accounting, financial management, portfolio management, asset management, wealth management, investment banking, banking and finance, stock market, fundamental analysis, technical analysis etc. You will be dealing with the total fund of the company and will be responsible for allocation of funds and the budget available different department of the company. Your task will be keeping the record of all the transaction.
The starting salary ranges from Rs 4 lakh to Rs 10 lakh as per company and profile. So both the fields are different with different prospects.
All the best!

Supply chain management is considered to be the backbone of the industry. It deals with the management of process starting from procurement of material to delivery to the end consumer. It involves the Inventory Management, Logistics Management, Warehousing Management, Transportation, Manufacturing Management, Material requirements planning, transportation planning all have to be managed in the Supply Chain as it is a whole broad concept.
It has diverse career discipline available in various organizations like:-
Transportation Management
Warehousing manager
Supply chain manager
Supply chain analyst
Logistics manager
Inventory Management manager
The job company could be a manufacturing company be it any machine, automobile, FMCG, transportation company hire the supply chain graduate.The salary ranges from about 4 lakh per annum to 16 lakh per annum depending on the experience and company.
Hope this information helps.
All the best!