This master’s degree is a high-level course offering many advantages to its holders An increasing number of universities and schools are offering these courses, particularly in the fields of supply chain and logistics. Offering interesting professional opportunities, the Master’s degree has gained popularity among students. What are the benefits of doing a Master’s in purchasing? How to join this course? Everything you need to know about this program
In summary:
- The Master’s degree in purchasing prepares for a wide variety of professional careers.
- This course offers multiple benefits: increased credibility, specialisation in logistics, greater employability and diverse career prospects.
- Career opportunities include Purchasing Manager, Buyer, Consultant or Logistics Director.
- ESCE offers a work-study Master’s degree in Purchasing, providing training in negotiations, purchasing techniques and environmental management.
What are the prerequisites for joining a Master’s degree in purchasing?
To follow the Master’s in Purchasing program, you need to have a 3-year degree or a bachelor’s degree. Ideally, you should have a grounding in fields such as economics, management, commerce or logistics.
If you would like to join the 2nd year of the Master’s program, you will need to have a Bac+4 degree in logistics or equivalent, and the only option in this case will be the Master Of Science (admission by application and interview). Admissions to the Purchasing Master’s program offered by the Grande École program can be made through the Ambitions+ entrance exam, with written tests offered remotely and an oral test at the school.
What are the benefits of having a Master’s degree in purchasing?
A Master’s degree in purchasing offers several advantages. Here are some of them:
Enhanced credibility and expertise
Obtaining a Master’s degree in Purchasing maximises your credibility in your field of expertise. This program gives you the opportunity to deepen your knowledge in supplies and purchasing management.
This specialisation reinforces your image as a qualified expert. It demonstrates your ability to meet the complex challenges of the purchasing world. It also plays an essential role in promoting your skills. It favours access to important roles.
Being at the heart of the logistics function
A master’s degree in purchasing will enable you to work in the logistics function. It is booming, and more than essential for companies operating on an international scale. Your mission is to efficiently manage the flow of goods across borders.
You meet consumer requirements in terms of speed and delivery options, as well as product traceability. This also includes optimising operating costs. The classes and seminars teach you how to master modern supply chains.
Increased employability
Thanks to your specialist skills, you’ll stand out from the crowd on the job market. This diploma adds value to your profile, and is a useful way of convincing recruiters. You increase your chances of finding and keeping a job while optimising your progress.
Diversified career opportunities
Purchasing skills are in high demand in many sectors, including distribution, healthcare, manufacturing and technology. A master’s degree in purchasing allows you to explore various fields and choose a career according to your interests. You can also start your own business.
Your start-up can offer supply consultancy services, creating online purchasing platforms. You can provide innovative solutions to purchasing challenges.
How much do you earn after a master’s degree in purchasing?
Incomes after obtaining a master’s degree in purchasing vary according to the position held and the sector of activity. In France, the average annual salary of a purchasing expert is €56K.
If you work abroad, you can earn an average of €65K a year. Professional experience and skills are factors that determine salary. A junio purchaser earns around €40K a year. A senior purchaser can earn more than €60K.
What careers can you opt for after a Master’s in purchasing?
After obtaining your master’s degree in purchasing, you can apply to the following jobs:
- Purchasing and Supply Chain Manager: implements the global purchasing and supply chain management strategy;
- purchaser: his role is to negotiate with suppliers and select the appropriate products or services. It guarantees that the purchasing conditions are favourable for the structure;
- Purchasing/Supply Chain/Logistics consultant: this involves providing specialised advice to client companies. He helps them optimise their purchasing, supply chain and logistics processes to improve their performance;
- Logistics Director: manages a company’s logistics operations. He ensures the efficient and profitable flow of goods, supplies and distribution;
- supply chain project manager: responsible for strategic planning, coordinating operations and selecting suppliers.
Where can you follow a Master’s degree in purchasing?
Our ESCE school offers a Master’s in Purchasing program. It trains students to manage supplier relationships effectively. This is a work-study program, accessible from Bac +3 level. You spend one week at school followed by three weeks in the company.
The subjects studied cover key areas including commercial negotiation, law, environmental management and customs. Thanks to this comprehensive, practical training course, you’ll have the skills you need to guarantee reliable, efficient supplies for your company.
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