MIT’s Supply Chain Management master’s program has been ranked the #1 SCM master’s in the world by Quacquarelli Symonds (QS) for the third consecutive year. For its 2023 rankings, QS evaluated SCM master’s programs in 11 countries and ranked MIT SCM #1 based on indicators including alumni outcomes, employability, thought leadership, and value for money, as well as reputation among industry professionals and academics.
Data released by QS in announcing its 2023 rankings highlight the exceptional ROI of MIT’s SCM program. Receiving an overall score of 100 out of 100 on the QS Value for Money indicator, MIT SCM performed among the top 1.5% of programs globally, with an estimated payback period of only 16 months and an estimated 10-year ROI level of $944,478.
QS collected survey responses and nominations from nearly 62,000 global employers, over 48,000 international supply chain academics, and 27,000+ graduate management alumni. MIT SCM earned perfect scores of 100% from domestic and international companies and academics surveyed and performed among the top 1% of programs on alumni outcomes, with an overall score of 100.
MIT’s SCM program combines executive leadership training with an intensive, practical core curriculum focused on building analytical and technical knowledge. In just ten months of cohort-based full-time on-campus study, students develop the structured, logical thinking skills top employers look for. Offered through MIT’s Center for Transportation and Logistics, with cross-registration opportunities at the Sloan School of Management, MIT’s SCM program leads to an engineering degree and offers stellar post-graduate outcomes. A hybrid Blended program option gives students who’ve completed the online MITx MicroMasters in SCM the opportunity to earn their SCM masters in just one semester of full-time study on campus.
“Supply chain challenges are some of the biggest societal threats we face today,” says MIT SCM master’s program Executive Director Maria Jesus Saenz. “Our program prepares its graduates to become global leaders, capable of making data-driven decisions and developing novel approaches to meet these risks head-on. We are humbled that our alumni, MIT CTL partner companies, and global industry and academic leaders continue to recognize us through three consecutive years.”
Nunzio Quacquarelli, CEO at QS Quacquarelli Symonds, says, “Whether it is companies seeking to distribute Covid-19 vaccines, or quickly emerging e-commerce startups, companies around the world are responding to times of global crisis by hiring those who can optimize and innovate their supply chains in ever-greater numbers.” QS has ranked top graduate and undergraduate programs since 2004 and added the Supply Chain Management master’s category for the first time in their 2021 ranking of graduate management programs, evaluating 46 SCM programs. For their 2023 rankings, the number of programs jumped to 62, reflecting a rapidly increasing focus on supply chain functions in businesses of all types.
In addition to the above rankings, the MIT School of Engineering, where MIT SCM is located, is rated the #1 engineering school by US News and World Reports. MIT SCM students can take courses from across the engineering school during their degree. https://www.usnews.com/best-graduate-schools/top-engineering-schools/eng-rankings
Finally, the Massachusetts Institute of Technology was again ranked the number one university in the world by QS Rankings. https://www.topuniversities.com/university-rankings/world-university-rankings/2023
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