Master's Programme in Supply Management, MSM

Lappeenranta University of Technology

Program Description

Master's Programme in Supply Management, MSM

Lappeenranta University of Technology

Global supply networks and supply chains around the world are an essential part of today's business.

Extracting competitiveness and increasing sustainability for a company from its supply networks and chains requires special skills, competencies and tools for exploring and managing global supply networks.

Supply management is a unique Master's programme in Finland providing expertise in strategic supply and supplier management. The programme is designed to correspond to the growing needs of today's business life in terms of educating open-minded, innovative managers in the fields of supply management and purchasing.

Supply management is a cross-functional activity of a firm requiring a broad understanding of international business. Your studies will integrate disciplines of strategic management, international business and relationship management in supply networks.

In this programme, you will focus on supply strategies, global challenges of sourcing and development of purchasing and supply chains.

Your studies will aggregate theories and concepts of business and technology and present recent applications and methods in the field, thus promoting your problem solving, decision making and analytical skills. You will gain specialised knowledge about the elements of supply strategies and factors of interaction in supply networks.

The studies include interactive case studies, company assignments, group work, independent exercises, literature studies and lectures. About 95% of the programme's Master's theses are based on real-life business problems and are prepared for companies or public sector organisations.

Intended learning outcomes

As an MSM graduate, you will have an integrative approach to different business disciplines and functions of a firm and will be able to analyse and solve complex business problems arising in the field of supply management.

You will be an expert in the field of supply management. You will have strong analytical skills and will be able to apply tools required for professional practices to manage supply chains and supplier relationships.

You will have a global perspective on business and will be able to recognise the global supply network risks, challenges and opportunities. You will attain a foundation for doctoral studies and for continuous professional and intellectual growth.

Degree structures and studies

The Master's Programme in Supply Management is a two-year programme. It leads to the degree of Master of Science in Economics and Business Administration, M. Sc. (Econ. & Bus. Adm.), which is 120 ECTS credits.

The studies connect two perspectives: the internal viewpoint of organising and aligning supply management according to the firm's strategy, and the external viewpoint consisting of supplier relationships and supply network management.

The programme includes core studies, specialisation studies, minor studies and language studies.

Core studies (42 ECTS credits) include courses on strategic supply management and supply chain financing, sustainable global sourcing, supplier relationship management and service business.

Specialisation studies (48 ECTS credits) ) include courses on topics concerning risk management and supply chain improvement, and external resource management.

Minor studies (minimum 24 ECTS credits) include courses on either international marketing, knowledge and innovation management, entrepreneurship, sustainability, or business analytics.

Language studies, 6 ECTS credits.

The Master's thesis and seminar, 30 ECTS credits, is a part of specialisation studies. The thesis is an advanced research project, which requires approximately six months of full-time work. It is completed during the fourth semester of the degree programme.

Double degree studies for LUT degree students

The MSM programme also offers students a possibility for double degree studies.

The MSM double degree partner university is the University of Twente, The Netherlands.

Students admitted to complete the Master's degree in the MSM programme at LUT are eligible to apply to the double degree programme.

Students admitted to the double degree programme receive a degree certificate from two universities after they have fulfilled the degree requirements of both universities.

Double degree studies for students from partner universities

Students from partner universities are able to study as a double degree student at LUT.

MSM's double degree partner universities are:

  • The University of Twente, The Netherlands
  • Higher School of Economics, Russia

Students admitted to the double degree programme receive a degree certificate from two universities after they have fulfilled the degree requirements of both universities.

Career prospects

Successful companies currently rely on the skills of supply management experts to keep their goods and services flowing to the market quickly, efficiently, and as cost-effectively as possible.

Many career opportunities will open up to you. You can find specialist and management positions in both the public and private sectors, as well as in global and local companies in the fields of supply management, international business, logistics, supply chain management and consult.

Examples of such positions include global sourcing director, supply manager, category manager and strategic buyer.

This school offers programs in:
  • English


Last updated January 28, 2018
Duration & Price
This course is Campus based
Start Date
Start date
Aug. 2019
Duration
Duration
2 years
Full time
Price
Price
10,000 EUR
per year.
Information
Deadline
Locations
Finland - Lappeenranta
Start date : Aug. 2019
Application deadline Request Info
End date Request Info
Dates
Aug. 2019
Finland - Lappeenranta
Application deadline Request Info
End date Request Info