B.Com. in Supply Chain Management is a 3-year full-time undergraduate course divided into 6 semesters. Supply Chain Management essentially involves the delivery of commodities from one place to another. It is hence an interconnection of businesses. This entails each business’ contribution to the entire chain from production all the way to manufacturing, and the final consumption point.
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The main objective of managing the supply chain is to ensure that it is run effectively and with efficiency, so as to reduce cost, and deliver to the customers’ gratification. Adequate managerial skills with regard to supply chains is necessary for the success of any such organization.
The course’s dynamic curriculum has been designed to offer candidates specialist knowledge about the growing field of supply chain management. Well-implemented supply chain management system has been identified as a key tool in the success of today’s leading businesses. Supply chain management involves the co-ordination, production, shipment, and delivery of goods from the point of production to consumption.
The course is offered at leading Indian institutes such as:
- University of Petroleum and Energy Studies, Dehradun
- ITM University, Gwalior
- Indian Institute of Logistics and material Management, Udaipur.
The basic eligibility criterion for pursuing the course is a 10+2 or equivalent qualification in any stream from a recognized educational Board.
Admission to the course is based on the candidate’s performance in a relevant entrance exam, or merit obtained in the last qualifying exam.
The average tuition fee charged for the course in India ranges between INR 35,000 and 11 Lacs for a span of 3 years.
Successful graduates of the course can expect anything between INR 2 to 20 lacs as annual salary in the industry, increasing with experience and skillset.
Top Colleges for Bachelor of Commerce [B.Com] (Supply Chain Management)
B.Com. in Supply Chain Management: Course Highlights
Tabulated below are some of the major highlights of the course.
|Course Level||Under Graduate|
|Examination Type||Semester System|
|Eligibility||10+2, preferably with Commerce subjects, with a minimum aggregate score of 50%.|
|Admission Process||Merit-based/ Based on counselling after qualification of entrance test.|
|Top recruiting organizations||TCS, Sutherland, HCL, DELL, CTS, CITY Bank, etc.|
|Top recruiting areas||Investments, Savings, Insurance Industry, Loan Associations, and such.|
|Top job profiles||Operation Manager, Production Manager, Supply Chain Consultant, among others.|
|Course Fee||INR 35,000 to 11 lakhs|
|Average Starting Salary||INR 2 to 20 lakhs|
B.Com. in Supply Chain Management: What is it all About?
The course aims to prepare eligible candidates for tackling business challenges in the competitive market place. The curriculum covers areas of purchasing, transport and distribution, control of inventories, warehousing, and management of materials.
Students enrolled to the course are prepared to:
- Explore the various issues involved in the world of logistics, and to effectively manage them.
- Innovate lasting solutions to various business operations.
- Contribute to improvement and integration of given supply chains and business processes using current business analysis methods and enterprise application technologies.
- Articulate thoughts and ideas through sound research and analytical skills, and develop relevant, well-organized, clear, and concise written material and presentations.
- Grasp concepts of areas of supply chain management, operations, logistics, and purchasing for application in the rapid-paced business and the continued integration of world economies.
- Understand multinational corporations and strategic partnerships; global expansion and sourcing; impact of fluctuating commodity prices, and environmental concerns.
Supply chain management is increasingly important to both the government, and corporate organisations in a competitive market across a variety of sectors. The course aims to provide students with the requisite skills to manage on both functional and strategic levels.
Top Institutes offering B.Com. in Supply Chain Management
Some of the top colleges offering the course in the country with the corresponding locations and fees charged by the respective colleges are listed below.
|NAME OF INSTITUTE||CITY||AVERAGE ANNUAL FEES|
|University of Petroleum and Energy Studies||Dehradun||INR 11,60,000|
|ITM University||Gwalior||INR 1,45,000|
|Indian Institute of Logistics and material Management||Udaipur||INR 35,500|
|Indian Maritime University- Cochin Campus||Kochi||INR 1,25,000|
|GITAM School of International Business||Vishakhapatnam,||INR 90,000|
|Arunachal University of Studies: Faculty of Skill Development and Vocational Studies||Arunachal Pradesh||INR 36,750|
|Global School of Foreign Trade (GSFT)||Madurai||INR 35,000|
|Vishwakarma Global Business School (VGBS)||Pune||INR 3,50,000|
|Advance Institute for Professional and Technical Studies (AIPS)||Noida||INR 1,43,000|
|SCM Hub International Business School||Kochi||INR 48,900|
|London College of Business and Finance (LCBF)||Ernakulum||INR 48,000|
|Vels University||Chennai||INR 40,000|
|Chitkara University||Chandigarh||INR 2,45,000|
|Sinhgad Institute of Management||Pune||INR 1,05,000|
Eligibility for B.Com. in Supply Chain Management
Listed below are the minimum criteria which candidates interested in pursuing the course are required to fulfil, in order to be eligible to apply for the course.
- Successful completion of the 10+2 level of education in any stream, preferably Commerce, completed from a recognized university.
- A minimum aggregate score of 50% (45% for SC/ST candidates) at the 10+2 level.
B.Com. in Supply Chain Management: Admission Process
Most institutes offering the course admit students based on performance in a relevant entrance test, often followed by a round of personal interview, wherein their general aptitude for the course is tested. Admission process generally varies across colleges.
A few institutes also provide direct admission based on the candidate’s performance at the 10+2 level of education.
B.Com. in Supply Chain Management: Syllabus and Course Description
A semester- wise breakup of the course’s syllabus is given below.
|SEMESTER I||SEMESTER II|
|Functional English||Foundations in humanities social science|
|Fundamentals of accountancy||Business organization|
|Economic theory||Business math statistics|
|Workplace skills||SCM delivery operations|
|SEMESTER III||SEMESTER IV|
|General English||Foundation in science technology|
|Business law||Advanced accountancy|
|Money banking||Economic environment in India|
|SCM sourcing management practical||SCM logistics and warehousing|
|SEMESTER V||SEMESTER VI|
|Investment options mutual funds||Principles practices of auditing|
|Cost accounting||Management accounting|
|Financial markets||Corporate finance|
|SCM forecasting||Advanced supply chain|
|Demand planning practical||Practical|
B.Com. in Supply Chain Management: Career Prospects
Supply chain managers typically work to improve customer service and reduce overall supply chain costs. They identify inefficiencies and find suppliers and distributors for their organizations accordingly.
They are professionally responsible for ensuring that the flow of finances, materials, and information necessary for their business is as efficient as possible.
They also work in operations planning such as, material requirements planning, master production scheduling, and inventory management. They creatively develop and apply new technology and business processes.
On the supply side, such graduates may work in contract management and supplier relationship management. Graduates may be employed in demand management, inventory planning, customer relationship management and distribution systems. Such graduates specialize in production and quality along with capacity or resource management, in capacities such as:
- Business Analyst
- Project Manager
- Enterprise Application Consultant
Some of the top professional positions open to such graduates are listed below with the corresponding salaries offered for the respective positions.
|JOB POSITION||JOB DESCRIPTION||AVERAGE ANNUAL SALARY|
Operations Assistants work with Operations Managers and other personnel to help keep businesses running smoothly. These professionals work in a wide range of industries, with some specific job duties varying substantially.
Airport Operations Assistants may focus on traffic control and airport security, Property Operations Assistants may be responsible for interacting with tenants and ensuring that maintenance projects are completed.
Operations Assistants may have duties including resolving filling orders, customer issues, and inspecting merchandise.
Managers seek out clients, and may conduct audits, view art portfolios, or read manuscripts. They keep updated with new trends in their industry by examining trade magazines, and network with agents and other executives.
After obtaining a client, Managers usually offer creative guidance to make a client's work more marketable. Managers schedule and promote performances. Art Managers set up events to launch new exhibits and Literary Managers submit manuscripts to publishers.
Quality Control Managers are in charge of making sure that their employer's products meet acceptable quality standards. These managers perform aspects of several jobs, such as some of the work done by business administrators and human resource managers.
They make certain that production techniques and employee co-ordination are in line with organizational standards. They often facilitate communication between management and production departments.
They may also devise ways for improving manufacturing processes to ensure higher-quality goods.
Production Managers typically supervise a team that includes the production coordinator and assistant directors. They are also responsible for hiring, scheduling, budgeting, and handling insurance issues on the set.
They also ensure that the production complies with all safety, guild and union regulations. They typically work with reality or live television, scripted, new media, and film or theatre production companies.
|Supply Chain Consultant||
Logistics Management Consultants analyse and solve supply-chain operation problems for clients. They advise clients on how to improve packaging, order-processing, and quality-control procedures, so that operations run more smoothly.
They may also focus on improving the design of the manufacturer's warehouse or plant as well. The responsibilities of Logistics Management Consultants might also include computing shipping, and import export rates.
They typically work towards finding the most economical methods of shipping a manufacturer's goods.