According to the Institute for Supply Management, the average annual income for supply chain professionals is over $100,000 a year - a figure particularly accessible to those wielding an online master's degree in operations and supply chain management. What's more, top executives in the field can make over $300,000 annually. If you're interested in getting involved in this lucrative career path, you'll most likely need an MBA or graduate degree first.
A smart strategy is to gain some experience working in logistics before returning to school to earn a master's degree. Once you are ready to go back to school, you can apply to an online college and continue working throughout your entire education. The technological resources that many online universities offer makes earning a degree not only convenient, but also comparable to the quality of in-class experiences.
See our cheap online college ranking for additional schools that may fit your requirements.
Take a look at our selection below of the 10 most affordable online master's degrees in operations and supply chain management. We've selected the least expensive operations and supply chain management programs based on information schools have provided to NCES/College Navigator. You could invest as little as $7,000 a year into your education, with the potential for a huge payoff after graduation. You'll notice that these schools are not only cheap, but also recognized for their excellence by U.S. News, Forbes, and other top sources.
Note: This article may contain sponsored links. These are designed to help you connect with programs easily.
Cheap Online Master's and MBA in Operations and Supply Chain Management Degree Program Ranking
10. University of Wisconsin at Platteville
Masters in Supply Chain Management Degree Online
The University of Wisconsin's Platteville campus offers an online master's degree in operations and supply chain management that is perfect for current working professionals. Looking beyond a typical business graduate program, the department's curriculum aims to integrate engineering with industrial studies and traditional business courses. Classes include International Supply Chain Management, Quality Engineering and Management, and Supply Chain Logistics. The flexible program also offers an opportunity to specialize in one of six topics, including Customer Relations, Purchasing, and Analysis. GetEducated.com currently rates UW's E-Campus as a "Best Buy" for online programs in management and administration.
Tuition: $7,640/yr (In-state) $16,771/yr (Out-of-state)
9. Georgia College
Online Master of Logistics and Supply Chain Management (MLSCM)
George College offers an accredited online master's degree in operations and supply chain management that is both flexible and affordable. As a school that has been in the business of providing education in logistics and supply chain management for over 40 years, it's no wonder U.S. News & World Report has consistently named it a top online master's program. Despite having one of the oldest logistics programs in the country, GC continues to update and increase the flexibility of its curriculum to match the needs of modern students. The cohort program allows online learners to take two courses per semester, studying topics ranging from Supply Chain Management Strategy to Information Technology Project Management.
Tuition: $5,094/yr (In-state) $18,486/yr (Out-of-state)
8. Friends University
Online Master of Science in Operations Management
The online master's degree in operations and supply chain management at Friends University is designed to give students all the essential information required to successfully run a logistics department. Graduates of the program are armed with the skills and experience they need to make their company more efficient, organized, and competitive. The curriculum is also based on the idea that effective leaders must have strong communication and problem-solving skills. Students take courses in service processes, project planning, strategic management, and more. Of all the accolades Friends has received, College Prowler surveys reveal that students are most impressed with the university's commitment to teaching and accepting community.
7. University of Arkansas
Online Master of Science in Operations Management
The University of Arkansas offers an affordable online master's degree in operations and supply chain management that can help adult learners get ahead in their career. It is particularly tailored to meet the needs of "industrial personnel," as well as veterans and active military members. The program offers five different points of entry throughout the year, and those who earned a 3.0 GPA in undergrad don't have to take the GRE or GMAT. Housed within the College of Engineering, this degree program covers a variety of topics in both management and industrial science. The university is currently recognized as a top school not only by U.S. News, but also Forbes and Washington Monthly.
Tuition: $6,507/yr (In-state) $15,396/yr (Out-of-state)
6. University of Southern Mississippi
Master of Science in Logistics, Trade and Transportation-Online
The University of Southern Mississippi offers a master's degree in operations and supply chain management online with a particular focus on trade and transportation. The curriculum is designed around the understanding that the logistics industry is currently experiencing tremendous growth, and students who take the program seriously can find very lucrative careers in the field. USM also offers special opportunities for military personnel, plus a unique study abroad program in Panama! Forbes currently ranks the school in the top 150 colleges in the South, and also names it a top research university.
Tuition: $6,744/yr (In-state) $15,024/yr (Out-of-state)
5. New England College
Master of Science in Management - Operations Management - Online
New England College offers a top online master's degree in operations and supply chain management that boasts the tagline, "Merge Business Skills and People Skills." The online curriculum is completely comprehensive, covering everything from contract and project management to logistics and quality assurance. It is organized in 7-week terms, with students taking just 2 classes at a time, creating a very manageable schedule for working professionals. Courses are relevant and timely, and 80% of students say their experience at NEC was low stress (according to College Prowler). Furthermore, graduates on "Student Review" give the education quality a solid "B" rating.
4. University of Maryland University College
Online Master of Science in Management: Acquisition and Supply Chain Management
The University of Maryland's online program, "University College," offers one of the best online master's degrees in operations and supply chain management - especially for military personnel. In fact, the Council of College and Military Educators gave the school the "Institution Award" for its commitment to helping servicepeople and their families. The graduate program, which is an M.S. accompanied by a specialty in Acquisition and Supply Chain Management, is meant for professionals already involved in contract administration and procurement. Graduates can work as logistics specialists or analysts, purchasers or buyers, contract officers, or in other related fields.
Tuition: $8,244/yr (In-state) $11,862/yr (Out-of-state)
3. Bellevue University
Online Master of Business Administration: Concentration in Supply Chain Management
Bellevue University's accredited online master's degree in operations and supply chain management is part of a well-established and affordable MBA program. The curriculum takes the innovative approach of combining traditional studies in finance, marketing, and business operations with with a special focus on capitalism and entrepreneurship. Courses include Logistics Management, Models in Supply Chain Management, Emerging Topics in Supply Chain Management, and Information Technology Practices. In addition to being accredited by the Higher Learning Commission, the online master's degree in operations and supply chain management is further certified by the American Society of Transportation and Logistics.
2. Governors State University
Online MBA in Supply Chain Management (Cohort Program)
Governors State University's cheap online master's degree in operations and supply chain management is surprisingly high quality for its low cost. The program is fully-accredited, highly interactive, and currently holds the 15th spot on TheBestColleges.org's list of "Best Online Master in Supply Chain Management Degree Programs." The Wall Street Journal even named it a "hot new MBA." The curriculum covers all essential aspects of logistics and operations, including sourcing and procurement, warehousing and inventory, forecasting and supply chain optimization, materials management, and distribution. In addition, all students get the chance to learn about and put into practice the most cutting-edge theories in the field.
Tuition: $5,022/yr (In-state) $10,044/yr (Out-of-state)
1. Embry-Riddle Aeronautical University
Online Master of Science in Logistics and Supply Chain Management
U.S. News recently ranked Embry-Riddle Aeronautical University as one of the top online educators in the country for the second year in a row. As part of their study of logistics, students at the university can choose to concentrate on either a "General Track" or the "Certification in Transportation and Logistics Track." Students who choose the latter option can earn their certification without having to sit for expensive exams, helping them save even more money. The school is also the perfect choice for students on a budget. At less than $7,000 a year, students can earn their online master's degree in operations and supply chain management at a price point that's nearly impossible to beat.
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About the Author:
Iris Stone began her writing career when she started working as a freelance writer and researcher in 2011. Her freelance business soon took off and she now owns and operates a writing and editing firm that works with clients all across the country. Despite the time it takes to run a business she still does much of the writing herself, and her work has included a variety of content related to education policy, colleges and universities, academic programs, and graduates' careers. Her interests actually span far beyond writing, and she is currently studying to be a physicist! Check out her Google+ Profile.