Online Master of Science in Supply Chain Management Concentration in Quantitative Approaches
The online MS in Supply Chain Management concentration in Quantitative Approaches will equip students with the advanced quantitative skills needed to analyze and manage complex supply chains. It is focused on the needs of supply chain decision-makers who must navigate the ever-changing and increasingly complex networks of facilities, partners, suppliers, and other domestic and international stakeholders. Decisions concerning the determination of supply chain strategies, analysis and mitigation of supply chain risks, management of performance, quality control, inventory and capacity management, and all other operations-related analyses will be stressed. Analytical techniques include statistical analysis, probabilistic decision-tree analysis, control charting, process capability analysis, and Monte Carlo simulation and optimization techniques.
Students who complete the Supply Chain Management master’s degree concentration in Quantitative Approaches will be able to demonstrate:
- Knowledge and skills necessary to better utilize available information in operational, tactical, and strategic decision-making in supply chains.
- An understanding of how organizations are using interlinked data-inputs, analytics models, and decision-support tools to better understand their operations, customers, and markets.
- An ability to describe a manufacturing, service, or business process using appropriate statistical calculations and displays.
- How to make quality-related decisions based on information (e.g., performance metrics, survey results, or inspections) while appreciating the existence of random variation and its effect on the statistical behavior of the data.
- An ability to implement a quality system that uses a process-oriented approach to controlling and improving processes.
Accuracy in the application of analytical methods in their own analysis, and the ability to recognize misapplications in the works of others, by presenting performance results in ways that inform, rather than confuse or mislead, a management audience.
Awards & Accreditations
Accredited member of AACSB International―The Association to Advance Collegiate Schools of Business
Why Choose BU’s Master of Science in Supply Chain Management?
- The Supply Chain Management program offers the flexibility of online, on-campus, or blended study formats, ensuring that students can earn their degree the way that suits them the best.
- Learning from expert faculty from MET’s Department of Administrative Sciences, students benefit from a unique combination of dynamic academic curricula, with the latest educational technologies, and direct professional contact with industry leaders in the supply chain management area.
- Focus on design, optimization, and operation of a global supply chain process, while gaining expertise in efficient production, global supply chain coordination, risk mitigation, strategic logistics management, and import-export operations.
- Our professional programs, developed by full-time faculty, rely on strong academic and industrial experience and are ranked at the very top of the best online programs in IT and business by U.S. News & World Report.
- We utilize advanced pedagogy and the latest digital-learning concepts introduced in the online environment, such as video conferencing, live lectures and seminars, proctored assessments, access to proprietary software applications within virtual labs and cloud servers/technologies, creative learning, teamwork, and competitive games offered with the help of advanced business simulations.
5% increase in jobs through 2024
$113,860 median annual pay in 2014
14% increase in jobs through 2024
$81,320 median annual pay in 2015
Operations Research Analysts
30% increase in jobs through 2024
$78,630 median annual pay in 2015
2% increase in jobs through 2024
$74,620 median annual pay in 2015
Market Research Analysts
19% increase in jobs through 2024
$62,150 median annual pay in 2015
The logistics business will be looking to fill about 1.4 million jobs, or roughly 270,000 per year, by 2018.
Fortune Magazine,”Wanted: 1.4 million new supply chain workers by 2018″
“The data shows not only that foundational skills in planning, procurement, manufacturing and logistics are important, but that general management and even leadership skills are critical to success.”
SCM World Future of Supply Chain Report, 2016
Boston University Metropolitan College (MET) offers competitive tuition rates that meet the needs of part-time students seeking an affordable education. These rates are substantially lower than those of the traditional, full-time residential programs yet provide access to the same high-quality BU education. To learn more about current tuition rates, visit the MET website.
Comprehensive financial assistance services are available at MET, including graduate assistantships (up to $4,200 per semester), scholarships, graduate loans, and payment plans. There is no cost to apply for financial assistance, and you may qualify for a student loan regardless of your income. Learn more.
Students must complete the Supply Chain Management degree core courses and the requirements of their chosen concentration, as well as an elective and a capstone project.
Students enrolling in MET AD 616 Enterprise Risk Analytics:
- AD 100 Pre-Analytics Laboratory (online)
A total of ten courses (40 credits) is required.
Degree Core Courses
(Four courses/16 credits)
METAD605 Operations Management: Business Process Fundamentals
This course helps students to develop an understanding of the impact of business processes on the organization's performance and provides students the key tools to analyze and improve processes in both manufacturing and service sectors. [4 credits]
METAD632 Financial Concepts
Introduction to the concepts, methods and problems of accounting and financial analysis. Includes accounting principles, measurement and disclosure issues, financial statement analysis, time value of money, cash flow projection and analysis, capital budgeting and project evaluation, bond and equity valuation, cost of capital and capital structure. 4 cr. [4 credits]
METAD680 Global Supply Chains
This course analyzes the managerial activities required to support manufacturing and service industry international strategies to assure that that products/services are delivered/provided in the quality and timely manner expected through the use of global supply chains, outsourcing relationships and multi-country operations. The course focuses on contemporary strategic issues that affect both large and small corporations and includes: the strategic role of the internet, international trade and logistics, cross cultural teaming, supply chain dynamics, information management, inventory scheduling and control, international coordination and transportation and customer service. 4cr. [4 credits]
METAD715 Quantitative and Qualitative Decision-Making
Explores decision making and policy formulation in organizations. Includes goal setting and the planning process, rational models of decision making, evaluation of alternatives, prediction of outcomes, cost-benefit analysis, decision trees, uncertainty and risk assessment, and procedures for evaluation of outcomes. [4 credits]
(Three courses/12 credits)
Select three from the following list:
METAD510 Mathematics & Statistics in Management
The goal of this course is to introduce to students foundational mathematics and statistics knowledge that will provide them skills and tools necessary to succeed in their area of study. [4 credits]
METAD616 Enterprise Risk Analytics
The course offers an overview of the key current and emerging enterprise risk analytical approaches used by corporations and governmental institutions and is focused on understanding and implementing the enterprise risk management framework on how to leverage the opportunities around a firm to increase firm value. The major risk categories of the enterprise risk management such as financial risk, strategic risk and operational risk will be discussed and risk analytics approaches for each of these risks will be covered. Students will learn how to use interlinked data-inputs, analytics models, business statistics, optimization techniques, simulation, and decision-support tools. An integrated enterprise risk analytics approach will be demonstrated with examples from different functional areas of the enterprise. [4 credits]
METAD724 Quantitative Approaches in Management
The goal of this course is to introduce to students advanced quantitative approaches and methods that will provide them skills and tools necessary to succeed in their area of study. [4 credits]
METAD734 Quality Management
Course participants will be exposed to the fundamental principles involved in the management of quality for enterprises and their supply chain. Quality is defined in the broadest sense, encompassing all performance components that drive customer satisfaction. The course focuses on general principles, both quantitative and qualitative, and their application in a variety of industrial, service, healthcare, and educational environments. Topics include the Deming philosophy of management, Six Sigma and the DMAIC project framework, quality certification systems, data analysis & presentation, quality analysis using control charts, process capability analysis, and competitive benchmarking. [4 credits]
(One course/4 credits)
METAD804 Capstone Project for Supply Chain Management
-- [4 credits]
(Two courses/8 credits)
Or choose any other graduate-level course selected from other Administrative Sciences offerings or Metropolitan College departments as well as from other Boston University schools and colleges, with an advisor’s approval.
Applicants to the program are required to have a bachelor’s degree from an accredited college or university and must provide a personal statement and three letters of recommendation.
Canan Gunes Corlu
Assistant Professor of Administrative Sciences; Faculty Coordinator for Applied Business Analytics Programs
PhD, MS, Tepper School of Business at Carnegie Mellon University; BS, Koc University
Roger D. H. Warburton
Associate Professor of Administrative Sciences; Academic Coordinator for Project Management Programs
PhD, MS, University of Pennsylvania; BSc, Sussex University; PMP (Project Management Professional), Project Management Institute
Associate Professor of the Practice of Administrative Sciences
PhD, MS, BS, Dresden University of Technology
To learn more or to contact an enrollment advisor before you get started, request information using the button below and tell us a little about yourself. Someone will be in touch to answer any questions you may have about the program and detail the next steps in earning your degree. You can also start your application or register for a course at Metropolitan College.