Master in Supply Chain Management in Australia is a 1 to 2 year postgraduate degree program. The program is offered as 2 popular degrees, Master of Business (M. Bus.) and Master of Management (MM). Individuals with a bachelor’s degree in Supply Chain Management or equivalent with at least a 4.5 GPA out of 7 or 60% aggregate are considered eligible to apply.
Explore: Management Universities in Australia
The annual tuition fee for Masters in Supply Chain Management in Australia varies from 29,100 to 54,000 AUD which is equivalent to (16.16 to 29.99 lakhs INR). Graduates of MS in Supply Chain Management in Australia earn an average salary of 58,000 AUD (32.30 lakhs INR) per year.
Also Check: Job Opportunities in Australia
Highlights
| Courses Available | Master of Business: Supply Chain Management | Master of Logistics Management | Master of Logistics and Supply Chain Management | Master of Strategic Supply Chain Management |
| Course Type | Full-time |
| Program Duration | 1-2 years |
| Degree Requirement | Bachelor’s degree in Supply Chain Management or equivalent with at least 4.5 GPA out of 7 |
| GPA | 4.5 out of 7.0 |
| English Proficiency Requirements | IELTS: 6.5 (6 in each band) or TOEFL iBT: 79 to 87 overall |
| Entrance Exam | GRE Score: 160 in Verbal and 164 in Quant | GMAT: 500 overall |
| Average Annual Tuition Fees | 29,100 to 54,000 AUD (16.16 to 29.99 lakhs INR) |
| Average Annual Salary Range | 51,600 to 136,100 AUD (28.67 to 75.62 lakhs INR) |
Top Universities for Masters in Supply Chain Management in Australia
Australia serves as a home to a number of universities that offer Masters in Supply Chain Management. Some of the highly ranked institutions as per the QS Rankings are tabulated as follows:
| University | Program | Application Deadlines and Important Dates | Annual Tuition Fees (INR) |
|---|---|---|---|
| University of Queensland | Master of Business: Supply Chain Management | 20 February 2023 | 24.6 Lakhs |
| The University of New South Wales, Sydney | Master of Logistics Management | Semester 1 Deadline [Jan 15, 2023] | Semester 2 [June 25, 2023] | 17.22 Lakhs |
| The University of Melbourne | Master of Supply Chain Management | 2 January 2023 | 16.44 Lakhs |
| The University of Sydney | Master of Logistics and Supply Chain Management | 15 January 2023 | 29.99 Lakhs |
| Victoria University | Master of Supply Chain Management | February 2023 | 17.22 lakhs |
| The University of Southern Australia | Master of Management: Supply Chain Management | April 15, 2023 | 20.94 Lakhs |
| RMIT University | Master of Supply Chain and Logistics Management | Round 2 [Jan 10, 2023] | Round 3 [Jan 13, 2023] | Round 4 [Jan 17, 2023] | Round 5 [Jan 17, 2023] | 24 Lakhs |
| University of Western Australia | Master of Business Information and Logistics Management | April 30, 2023 | 23.39 Lakhs |
| Curtin University | Master of Supply Chain Management | 12 February 2023 | 16.16 Lakhs |
| La Trobe University | Master of Logistics and Supply Chain Management | February 2023 | 22.44 Lakhs |
| The University of Technology, Sydney | Master of Strategic Supply Chain Management | December 15, 2022 (Closed) | 25.44 Lakhs |
Why Study Masters in Supply Chain Management in Australia?
- Australia is one of the most popular study abroad destinations, based on its high quality of education and placement opportunities.
- The cost of living in Australia is a little high, as compared to India, but it corresponds to the high standard of living, security facilities, and other requirements.
- Australia serves as a home to several highly ranked universities of the world like The University of Melbourne, the University of Queensland, etc.
- The Supply Chain Management sector is expected to show a growth of around 12% in the next 5 years.
Masters in Supply Chain Management in Australia Admissions
The application procedure for a Masters in Supply Chain Management in Australia commences twice a year. Interested candidates can apply in accordance with their convenience. However, it is always advised to international aspirants to keep an eye on the application dates and apply the earliest.
Masters in Supply Chain Management in Australia: Eligibility Criteria
Generally, candidates who have completed a UG program in a business-related field are eligible to apply for Masters in Supply Chain Management in Australia. The common eligibility criteria for the program across universities are as follows:
- Bachelor’s degree in Supply Chain Management or equivalent with at least 4.5 GPA out of 7.
Bachelor’s degree or higher qualification in a non-cognate discipline with at least 2 years of relevant experience. - 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 Master in Supply Chain Management are as follows:
- Official transcripts, or certified copies of them
- Evidence of residency status
- 500-word SOP
- Document of at least 2 years relevant professional work experience
- A valid passport
- Australia student visa
- An updated and presentable CV
Masters in Supply Chain Management in Australia: Admission Requirements
The university-wise admission requirements for Masters in Supply Chain Management in Australia are tabulated as follows:
| University | Eligibility Criteria | Minimum IELTS Score | Duration |
|---|---|---|---|
| University of Queensland | Bachelor’s degree in Supply Chain Management or equivalent with at least 4.5 GPA out of 7 | 6.5 (with no less than 6.0 in each band) | 1.5 to 2 years |
| The University of New South Wales, Sydney | Bachelor’s degree in Supply Chain Management or equivalent from a recognized university | 7.0 (with no less than 6.0 in each band) | 1 year |
| The University of Melbourne | Completion of a UG degree in a relevant discipline with a minimum of 2-year of documented work experience | 6.5 (with no less than 6.0 in each band) | 1.5 years |
| The University of Sydney | Bachelor’s degree in Supply Chain Management or a relevant stream from a recognized university | 7.0 (with no less than 6.0 in each band) | 1.5 years |
| Victoria University | Australian bachelor’s degree or equivalent in any discipline | 6.5 (with no less than 6.0 in each band) | 2 years |
| University of South Australia | Bachelor’s degree or equivalent in a business-related stream | 6.5 (with no less than 6.0 in each band) | 1.5 years |
| RMIT University | Australian bachelor’s degree or equivalent in business-related stream | 6.5 (with no less than 6.0 in each band) | 2 years |
| University of Western Australia | Bachelor’s degree in Supply Chain Management or a relevant stream with a minimum aggregate of 60%. | 6.5 (with no less than 6.0 in each band) | 1.5 to 2 years |
| Curtin University | Bachelor’s degree or equivalent in business-related stream | 6.5 (with no less than 6.0 in each band) | 1 year |
| La Trobe University | Australian Bachelor’s degree in a business-related field | 6.5 (with no less than 6.0 in each band) | 2 years |
| The University of Technology, Sydney | Bachelor’s degree or equivalent in a business-related field | 6.5 (with no less than 6.0 in each band) | 1.5 years |
Masters in Supply Chain Management in Australia Tuition Fees
Australia is not a highly affordable country to study at. The annual tuition fee of Masters in Supply Chain Management in Australia ranges from 29,100 to 54,000 AUD (16.16 to 29.99 Lakhs INR). You can get the university-specific tuition fees from the following table:
| University | Annual Tuition Fees (AUD) | Equivalent Fees (INR) |
|---|---|---|
| University of Queensland | 44,300 | 24.6 Lakhs |
| The University of New South Wales, Sydney | 31,000 | 17.22 Lakhs |
| The University of Melbourne | 29,600 | 16.44 Lakhs |
| The University of Sydney | 54,000 | 29.99 Lakhs |
| Victoria University | 31,000 | 17.22 lakhs |
| The University of Southern Australia | 37,700 | 20.94 Lakhs |
| RMIT University | 43,200 | 24 Lakhs |
| University of Western Australia | 42,100 | 23.39 Lakhs |
| Curtin University | 30,750 | 17.06 Lakhs |
| La Trobe University | 40,400 | 22.44 Lakhs |
| The University of Technology, Sydney | 45,800 | 25.44 Lakhs |
Cost of Living in Australia
After assessing the cost of living in Australia, international candidates can plan their stay in the country and spend money wisely. A brief explanation of the average cost of living in Australia for an international student is provided in the following table:
| Expense Type | Cost Per Month (AUD) | Monthly Cost Equivalent (INR) |
|---|---|---|
| Shared Rental | 340 to 860 | 18,000 to 45,800 |
| On-campus Accommodation | 360 to 1120 | 18,000 to 59,500 |
| Groceries | 320 to 1120 | 17,000 to 59,500 |
| Gas and Electricity | 140 to 560 | 7,400 to 29,700 |
| Phone and Internet | 80 to 220 | 4,245 to 11,700 |
| Public Transport | 75 to 220 | 4,000 to 11,700 |
| Entertainment | 80 to 150 | 4,250 to 8,000 |
Masters in Supply Chain Management in Australia Scholarships
Merit-based scholarships and grants allow international candidates to fund their education. Students pursuing Masters in Supply Chain Management in Australia with academic excellence can apply for the following scholarship programs:
| Scholarship | Eligibility | Award |
|---|---|---|
| Early Bird Acceptance Grant | International candidates enrolled at La Trobe University in a UG/PG program | 5% waiver of the first-year tuition fee |
| La Trobe India Scholarship | International candidates enrolled at La Trobe University in a UG/PG program | 25% fee reduction |
| Australia Awards Scholarships | International students enrolled in a UG/PG program at The University | Various |
| UTS Grant for Masters by Coursework Students | International students enrolled in a Masters coursework at The University of Technology, Sydney | 3,000 AUD towards the first session tuition fees |
Also Check: Scholarships in Australia for International Students
Masters in Supply Chain Management in Australia Placements
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 ranges from 51,600 to 136,100 AUD (28.67 to 75.62 lakhs INR).
| Job Title | Average Annual Salary (AUD) | Salary Equivalent (INR) |
|---|---|---|
| Logistics Coordinator | 57,000 | 45.9 lakhs |
| Business Analyst | 57,900 | 32.17 Lakhs |
| Market Research Analyst | 51,600 | 28.67 lakhs |
| Software Development Manager | 136,100 | 75.62 Lakhs |
| Supply Chain Manager | 64,100 | 35.62 lakhs |
Masters in Supply Chain Management in Australia: Return on Investment
Masters in Supply Chain Management in Australia has proved to offer excellent return on investment ranging from 57,000 to 112,000 AUD (31.66 lakhs to 62.22 lakhs INR), against an annual tuition cost between 29,100 to 54,000 AUD (16.16 lakhs to 30 lakhs INR).
| University | Annual Tuition Fees (AUD) | Graduate Salary (AUD) |
|---|---|---|
| University of Queensland | 44,300 | 86,000 |
| The University of New South Wales, Sydney | 31,000 | 75,000 |
| The University of Melbourne | 29,600 | 74,000 |
| The University of Sydney | 54,000 | 76,000 |
| Victoria University | 31,000 | 97,000 |
| The University of Southern Australia | 37,700 | 75,000 |
| RMIT University | 43,200 | 76,000 |
| Curtin University | 30,750 | 57,000 |
| La Trobe University | 40,400 | 58,000 |
| The University of Technology, Sydney | 45,800 | 112,000 |
Individuals should note that the above table shows only the expected values of Return on Investment and the exact values may vary.
Masters in Supply Chain Management in Australia: Subjects and Specializations
Master in Supply Chain Management in Australia is itself a specialisation of programs like Master of Business (M.Bus.) and Master of Management (MM). In these courses, a student is highly likely to encounter some of the following subjects:
College Core Units:
- Accounting for Management
- Data Analysis for Business
- Business Economics
- Work and Organisation Systems
Professional Core Units:
- Business Analytics and Visualization
- International Supply Chain Structure
- Global Procurement
- Supply Chain and Logistics Management
- Green Logistics
- Operations Management
- Strategic Management and Business policy
- Planning and Control through ERP Systems
Core units:
- Business Ethics and Sustainability
- Applied Business Project
Masters in Supply Chain Management in Australia College Comparison
The following table compares the top three universities offering Masters in Supply Chain Management in Australia on the basis of their QS Rankings, annual tuition costs, and the return on investments.
| Particulars | The University of Melbourne | The University of Technology, Sydney | University of Queensland |
|---|---|---|---|
| QS Rankings | #1 in Australia | #34 in the world | #9 in Australia | #137 in the world | #5 in Australia | #50 in the world |
| Tuition Fee | 29,600 AUD (16.44 lakhs INR) | 45,800 AUD (25.44 lakhs INR) | 44,300 AUD (24.6 Lakhs) |
| Degree Requirement | Completion of a UG degree in a relevant discipline with a minimum of 2-year of documented work experience | Bachelor’s degree or equivalent in a business-related field | Bachelor’s degree in Supply Chain Management or equivalent with at least 4.5 GPA out of 7 |
| Duration | 1.5 years (full- time) | 1.5 years (full- time) | 1.5 years (full time) 2 years (full time) |
| Average Graduate Salary | 74,000 AUD (41 lakhs INR) | 112,000 AUD (62.13 lakhs INR) | 86,000 AUD (47.71 lakhs INR) |
Supply Chain Management is one of the fastest-growing streams or subjects in Australia. With numerous global career opportunities, the program stands out as one of the best in terms of return on investment.
FAQs
Ques. What are the top universities for a Master in Supply Chain Management in Australia?
Ans. There are several top universities that 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 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.
Ques. Does a Masters in Supply Chain Management in Australia include Mathematics?
Ans. Master's 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 are the skills 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.
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