Can Commerce Students Excel in Supply Chain Management?
Can Commerce Students Excel in Supply Chain Management?
The field of supply chain management is rapidly evolving, offering ample opportunities for students from various academic backgrounds, including those with a degree in commerce. While a specialized education in logistics and supply chain management is highly recommended, commerce students can also successfully pursue a career in this dynamic field.
Why Pursue a Specialization in Logistics and Supply Chain Management?
It is highly recommended to pursue an MBA or master's degree after completing your bachelor's degree. In the case of a BCom, we highly suggest you go for an MBA in Logistics and Supply Chain Management. A specialization in this area is essential because it is highly relevant to all fields of business. An MBA from Chitkara University, which has an outstanding business school, is an excellent choice.
Chitkara University is one of the leading universities in India, with its Business School being the top-rated in the country. They offer a BCom in Logistics and Supply Chain Management, and their courses are highly ranked in prestigious rankings such as NIRF and by India Today Business World. These rankings highlight the quality of education and placement success at Chitkara University.
Chitkara University's Business School is NAAC A accredited, ensuring its students are industry-ready. The university has several industry collaborations, ensuring that students are well-prepared for job interviews and the entire recruitment process. The placement records of Chitkara University are exceptional, making it a top choice for aspiring supply chain professionals.
Scope of Supply Chain Management for Commerce Students
Logistics and supply chain management have a broad and impactful scope today, even for commerce students. The field is not limited to traditional logistics professionals; students from various streams, including commerce, can successfully transition into supply chain management roles. In fact, the field has many facets that intersect with areas such as finance, where students can prepare business commercials, profit and loss statements, and other financial documents.
Supplementing your commerce degree with a course in supply chain management can greatly enhance your employability and career prospects. This additional specialization can make you a more versatile and competitive candidate in the job market.
Is a Formal Supply Chain Education Required?
While a formal education in supply chain management can certainly be beneficial, it is not the only path to success. Many commerce graduates enter the field successfully without a formal supply chain degree. As long as you have common sense and a willingness to work hard and learn on the job, your BS in Commerce is more than sufficient to enter the supply chain management industry.
Real-world experience and on-the-job training can be invaluable in developing the skills necessary for a career in supply chain management. Many companies offer shadow training programs or apprenticeships, which can provide a solid foundation for your career.
Exceptions and Unique Situations
There are some exceptions to the general rule that a formal supply chain education is necessary. For instance, if you have previous work experience, you may be able to directly transition into a supply chain management role. Another exception is when you have special privileges, such as being a relative of a company with significant influence, which might allow you to work in a non-traditional capacity.
However, it is important to note that formal education still offers several advantages, such as better networking opportunities, a broader understanding of industry standards, and a more comprehensive skill set that can be advantageous in the long run.
So, while commerce students can certainly excel in supply chain management, consider supplementing your degree with additional coursework or gaining practical experience through internships, apprenticeships, or volunteering.
With the right preparation and determination, commerce students can achieve great success in the field of supply chain management.