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Hiii Aditi.first of all i would like to give you my warm wishes.Being girl you are really passionate about your career,goal and future.This is really amazingI know you are really taking great pains to establish yourself.This makes you wonderfull girl.Anyways kindly read the article thoroughly because this information is very rare and very useful to choose your career specially.
Before talking about the scope of MBA in Logistics and Operations Management, let us see that what exactly Logistics and Operations Management contain. Operations Management is the function of managing the operating core of an organisation: the activities associated with creation, production, distribution and delivery of the organisation's goods and services. And the MBA programme in Logistics & Operations seeks to provide Indian organisations the knowledge base relating to this operating core, to help them become domestically and internationally competitive.
Work of MBA operations is procurement and materials management, analysing and assessing the movement of materials and services, development of information system, manufacturing planning, inventory control, logistics management and Supply chain management.
Now, coming on to the scope, the logistics and supply chain come under the future growing sector as India is expected to improve in this field widely. Since logistics management includes wide range of activities; hence there are numerous job opportunities after successfully completed MBA in Logistics. Any business with the aim to evolve cannot overlook the importance of logistics in business operations. It is logistics that supervise the transportation and distribution of goods, materials and all other commodities. After earning an MBA in Logistics & Operations, your career opportunities are set to broaden. You would easily get opportunities to work in planning and policy making, motivation, evaluation, product development and inventory control. If your company large enough, you could focus on overall management or on a small specific area of the supply chain. Supply chain and logistics MBA graduates get to work as general operations managers, logistics engineers who coordinate the flow of materials, information, and products for an organization. Also, you can work in manufacturing development and operations managing in production planning, forecasting, etc.
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With 3 major universities - NUS, NTU and SMU and a couple of other local and private universities, studying MBA, Engineering, Medicine, Aviation and Hospitality etc., Singapore is ranked as one of the best places to study.
Cost of Education in Singapore
The education of education in Singapore is quite low as compared to other study abroad destinations like UK, USA, Canada, Australia, New Zealand, etc. The cost of study in Singapore varies according to the institute, course and duration of the course. You might end up paying S$5000 to S$ 20000 approximately for 6 months to 2 years Diploma course, S$ 24000 to S$55000 approximately for 2 to 4 years Bachelor Degree course and S$ 18,500 to S$ 30000 approximately for 1 to 1.5 years Master Degree Course. If you are studying 5 years Medical and Dental courses in Singapore, you might end up paying subsidised tuition fee with an obligation to work for 3 years in Singapore under The Tuition Grant Bond.
Cost of Living in Singapore
Like cost of education, living expenses are low in Singapore as compared to other study abroad destinations but it has high standard of living. Your cost of living while studying abroad in Singapore will include your expenses on accommodation, food, groceries, books and travel.
Public Housing in Singapore refers to government-subsidised flats (HDB flats) developed by the Housing and Development Board (HDB).
Hence, an average cost of living in Singapore is S$750 to S$2,000 approximately per month.
Health Insurance for Studying Abroad in Singapore
While studying abroad in Singapore, medical or health insurance is compulsory for the students. The cost of health insurance will be S$45 approximately per year and it will cover all your medical expenses while studying in Singapore.
However, cost of education is low in Singapore as compared to other study abroad destinations but you can get financial assistance from Government and Universities of Singapore through various scholarships and fellowships.
Scholarships
One of the popular destinations to study, Singapore is fast emerging as the preferred choices to study abroad for Indian students. With 3 major universities - NUS, NTU and SMU and a couple of other local and private universities, studying MBA, Engineering, Medicine, Aviation and Hospitality etc., Singapore is ranked as one of the best places to study.