What to do after graduating from Logistics, how much salary?

Logistics and Supply Chain Management is a field related to the storage and transportation of goods. New graduates can earn 10-15 million VND per month, after 5 years it can be 20-30 million.

In the past 3-5 years, Logistics and Supply Chain Management has always been a hot major in many universities, causing the benchmark scores to increase continuously.

For example, in the method of considering high school graduation exam scores, in 2018, this major at the National Economics University had a benchmark score of 23.85, by 2019 it increased to 26 and from 2020 to now it has not been less than 28. Similarly, during this period, the University of Electricity increased the benchmark score for Logistics from 14 to 23.5; Hanoi University of Natural Resources and Environment from 16 to 26.75 (2020-2022); Commerce increased from 23.4 to 27 points.

Many schools also added this major to their training programs, such as Ho Chi Minh City University of Economics, Economics (Hue University), Transport, Hanoi Industry (opening major in 2020), Van Lang (2021), Hanoi Construction, Dai Nam, Quy Nhon (2022)...

According to experts, this stems from the increasing demand for human resources in this industry. In February 2022, FAST500 - the ranking of the top 500 fastest growing enterprises in Vietnam, conducted by Vietnam report - showed that Logistics enterprises ranked second, just after Information Technology.

According to the 2022 forecast of the Vietnam Logistics Research and Development Institute, by 2030, Vietnam will need an additional 2.2 million workers in the logistics industry, 10% of which will be high-quality human resources with foreign language proficiency. Meanwhile, each year, only about 2,500 bachelors in this field graduate.

See Logistics industry benchmarks in recent years

Candidates taking the 2023 high school graduation exam in Ho Chi Minh City. Photo: Quynh Tran — Candidates taking the 2023 high school graduation exam in Ho Chi Minh City. Photo: *Quynh Tran*

Concept

Dr. Tran Ngoc Mai, Faculty of International Business, Banking Academy, said the term "logistics" has been around for a long time. This is part of the supply chain, related to the storage and transportation of goods and services from the point of origin to the point of consumption.

"In general, logistics is the intermediary step to bring goods to consumers. Supply chain management is a big picture, linking the business processes of companies, including cooperation between suppliers, partners, manufacturers, wholesalers, retailers and customers," said Ms. Mai.

Curriculum

The specific curriculum will vary from university to university, but there are some core courses that most students will be exposed to.

For example, the Banking Academy will train a number of subjects including Logistics Business, Logistics Principles and Supply Chain Management, Warehouse and Distribution Management, Global Purchasing Management...

Foreign Trade University has developed a specialized program in Logistics and Supply Chain Management with an international orientation, based on the programs of universities in the US, UK, Australia, and the integrated training model of the International Federation of Freight Forwarders Associations (FIATA). In addition to knowledge, students in this major will be able to approach and solve problems related to Logistics and Supply Chain Management in particular, international business in general; participate in production and business activities of enterprises in national, regional and global supply chains.

Skills, output standards

Dr. Tran Ngoc Mai said that to become an expert in the field of Logistics and Supply Chain Management, students are equipped with knowledge and skills in transporting and storing goods, and have a solid grasp of knowledge in management, market analysis and forecasting.

The program of Foreign Trade University helps students have the skills to synthesize, analyze, build and implement projects and plans in the field of Logistics and supply chain management; handle situations, manage changes...

Jobs after graduation

Some popular job positions for Logistics graduates are specialists in planning, operating, coordinating and managing supply chains at domestic and foreign manufacturing enterprises and corporations; specialists in purchasing management, transportation management and coordination, warehouse and inventory management, data analysis and distribution system coordination at domestic and international freight forwarding and logistics companies; specialists in planning, market exploitation, marketing, import and export, customer service at import and export companies; state management specialists in the field of logistics and supply chain management...

In management positions, Logitstics professionals will be responsible for running and overseeing day-to-day operations, while analysts will focus on researching and improving supply chain performance.

People with expertise in this field can research and teach at universities and educational institutions.

Income

According to Dr. Mai, Logistics personnel are divided into many levels, with better income than the average. The starting salary of new graduates in Logistics and Supply Chain Management is usually between 10-15 million VND per month. After about 5 years of working and accumulating experience, the salary can increase, usually between 20-30 million VND.

However, this is just an average salary and can vary depending on various factors such as skills, experience, and work performance.

Thanh Hang - Duong Tam

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