I come across a question very frequently from Supply Chain Professionals, that is should I pursue an MBA or CSCP? This is like comparing between apples and oranges. Let us explore both the qualifications in little detail.
Master of business administration prepares one for managerial position and gives an organisational perspective. During an MBA program, one gets exposure to case method of learning, develops business communication, ability to work in teams, negotiation in a conflict situation and plethora of subjects such as accounting, finance, economics, marketing, sales, operations etc. that are relevant to today’s organisation. Even if the MBA is specializing in supply chain there may be one of two electives that will cover supply chain management.
On the other hand, Certified Supply Chain Professional (CSCP) enables one to master the end-to-end supply chain, but you may not cover the variety of topics what an MBA will go through.
So, the question here is what’s your objective?
If you would like to master supply chain, there is nothing better than CSCP and if you would like to learn administration then MBA is the best one. To learn supply chain doing MBA may be a costly decision, but at the same time not attaining the level of expertise in supply chain what you would get through CSCP. You can achieve CSCP within USD 4,000 and an international MBA at USD 60,000 (pricing at the time of writing).
When you aspire to reach a leadership position in supply chain, I would say that you need both CSCP and an MBA. A cost-effective decision would be to pursue CSCP and attain the credential, which will help you to achieve the senior levels in supply chain, then pursue an MBA from a reputed institution in a part-time or a weekend format to progress further. Doing an MBA at mid-career level would be helpful to you to understand the concepts much better rather than fresh out of college or with few years of experience.
Fhyzics Business Consultants Private Limited specializes in Consulting, Certifications, Conference and Executive Development Programs in the domains of Supply Chain Management, Business Analysis and New Product Development.
Fhyzics partnered with the following international organisations,
Authorised Channel Partner of APICS, USA
Approved Study Centre of CIPS, UK
Endorsed Education Provider of IIBA, Canada
Approved Training Provider of BCS, UK
Registered Education Provider of IREB, Germany
Registered Education Provider of PDMA, USA
For more details related to our SCM Certifications, please visit www.iiscm.org or speak to our Certifications Manager at +91-900-304-9000 or email at certifications@fhyzics.net.
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