MASTERS IN PROCUREMENT AND SUPPLY MANAGEMENT
Procurement is a key function of any organisation, public or private and in an era of globalization with the advent of entrepreneurial organizations, management of purchasing and supply in private as well as in public sectors has gained more prominence. Moreover, with increasing focus and debates on governance issues, the functions of purchasing and supply requires capacity building to acquire and implement international standard procurement practices. With that context in mind, BRAC University designed a Masters programme on Procurement and Supply Management.
The main purpose of the Master's programme in ‘Procurement and Supply Management’ is to sensitize and build up the capacity of officials of the public sector, NGOs as well as officials and executives from the private sector on procurement and purchasing and supply management issues. It is expected that the programme will enhance their understanding of the procurement issues and sharpen their decision-making capabilities. This programme is designed to give advanced knowledge and understanding of international as well as local procurement issues faced by officials/executives to come to sound decisions.
The Masters in ‘Procurement and Supply Management’ is targeted for public sector officials, NGO officials as well as executives from the private sector working or interested in procurement related area. The Masters is designed to offer over a period of 3-6 semesters with twenty-five participants in each batch.
The courses are taught by BRAC University faculty members and external faculty from other academic institutions, and practitioners of procurement, purchasing and supply management.
The Master's programme is structured in two streams, with one stream doing the Foundation, Core, and Elective courses and finishing off with Capstone Integrative Course resulting in a Report/Practicum. The second stream is required do the Core and Elective courses and then undertake a non-credit Research Methodology course and finish off with a Dissertation. This is allowing a wider variety of participants to take the programme as they will have the option to choose the stream they are interested in.
Foundation Courses (3 credits each)- 15 Credits
- PSM-501 Sourcing and Procurement
- PSM-502 Negotiation and Contracts in Supply Chain Management
- PSM-503 Performance Measures for Supply Chain Management
- PSM-504 Managing Purchasing and Supply Relationships
- PSM-505 Supply Chain Flow Planning and Network Planning
The Core Courses are:
- PSM-521 Management in the Purchasing Function
- PSM-522 Risk Management and Supply Chain Vulnerability
- PSM-523 Improving Supply Chain Performance
- PSM-524 Leading and Influencing in Purchasing
- PSM-525 Strategic Supply Chain Management
The Elective Courses are:
Electives: Choice of any four (3 credits each) – 12 credits
- PSM-601 Marketing for Purchasers
- PSM-602 Storage and Distribution
- PSM-603 Supply Chain Operational Management
- PSM-604 The Machinery of Government
- PSM-605 Contracting in the Public Sector
- PSM-606 Sustainable Procurement
- PSM-607 Advanced Project Management
- PSM-608 Finance for Purchasers
- PSM-609 Strategic Public Sector Programme Management
- PSM-610 Public Sector Stakeholders and Governance
Capstone Integrative Course: 6 credits
- PSM-665: Supply Chain Management in Practice – Report/Practicum
- PSM- 666: Research Methodology (non-credit)
- PSM- 667: Dissertation (6 credits)