MBA with Professional Certificate in Anchoring Effect

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MBA with Professional Certificate in Anchoring Effect

Overview

The Anchoring Effect is a cognitive bias that influences our perception of reality. It occurs when we rely too heavily on the first piece of information we receive, even if it's irrelevant or unreliable.

This phenomenon affects us all, from making investment decisions to evaluating the credibility of sources. Understanding the Anchoring Effect is crucial for making informed choices and avoiding costly mistakes.

Our MBA with Professional Certificate in Anchoring Effect is designed for professionals seeking to develop a deeper understanding of this bias and its applications in various fields.

Through a combination of lectures, case studies, and practical exercises, you'll learn how to recognize and mitigate the Anchoring Effect in your decision-making processes.

Join our program to gain the skills and knowledge needed to make more informed, data-driven decisions and stay ahead in your career.

Anchoring Effect is a powerful concept in behavioral finance that can significantly impact investment decisions. Our MBA with Professional Certificate in Anchoring Effect program equips you with the knowledge to recognize and mitigate its influence. By learning from industry experts, you'll gain a deeper understanding of how Anchoring Effect affects decision-making and develop skills to make informed, data-driven choices. With this program, you'll enjoy career prospects in finance, consulting, and strategy, and benefit from key benefits such as enhanced critical thinking and analytical skills. Unique features include interactive case studies and a capstone project. (7)

Entry requirements

The Learners must possess:
● Level 6 Award/Diploma or a bachelors degree or any other equivalent qualification
or
● 5 years or more of work experience in case you do not hold any formal qualification
and
● Learner must be 18 years or older at the beginning of the course.



International Students can apply

Joining our world will be life-changing with a student body representing over 157 nationalities.

LSIB is truly an international institution with history of welcoming students from around the world. With us, you're not just a student, you're a member.

Course Content


• Anchoring Effect: Definition and Explanation •
• The Role of Anchoring in Decision Making •
• Anchoring Bias in Financial Markets •
• Anchoring Effect in Consumer Behavior •
• Measuring the Impact of Anchoring on Decision Making •
• Anchoring Effect in Negotiation and Conflict Resolution •
• The Psychology of Anchoring: Understanding Human Behavior •
• Anchoring Effect in Marketing and Advertising Strategies •
• Overcoming the Anchoring Effect in Business Decision Making

Assessment

The evaluation process is conducted through the submission of assignments, and there are no written examinations involved.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration

The programme is available in two duration modes:

12 Months: GBP £7700
18 Months: GBP £6700
This programme does not have any additional costs.
The fee is payable in monthly, quarterly, half yearly instalments.
You can avail 5% discount if you pay the full fee upfront in 1 instalment

Payment plans

12 Months - GBP £7700

● Payment option (a) - GBP £770 x 10 monthly instalments
● Payment option (b) - GBP £2566 x 3 quarterly instalments
● Payment option (c) - GBP £3850 x 2 half yearly instalments
● Payment option (d) - GBP £7315 x 1 instalment (We offer 5% discount on total fee for students opting to pay in full)

18 Months - GBP £6700

● Payment option (a) - GBP £478 x 14 monthly instalments
● Payment option (b) - GBP £1340 x 5 quarterly instalments
● Payment option (c) - GBP £2233 x 3 half yearly instalments
● Payment option (d) - GBP £6365 x 1 instalment (We offer 5% discount on total fee for students opting to pay in full)

Our course fee is upto 40% cheaper than most universities and colleges.

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Accreditation

Stage 1 (Delivered by LSIB):
The programme involves delivery through on-line Learning Management System (LMS). This stage leads to award of Level 7 Diploma in Strategic Management and Leadership. Credits earned at this stage - 120 credits (60 ECTS).

Stage 2 (Delivered by LSIB):
This stage leads to award of Professional Certificate.

Stage 3 (Delivered by the University / awarding body)
On completion of the diploma programme you progress / Top up with Degree through a UK University for progression to the MBA degree. The stage 3 is delivered via distance learning by faculties from the University / awarding body. Credits earned at this stage - 60 credits (30 ECTS).

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  • 1. Complete the online enrolment form and Pay enrolment fee of GBP £10.
  • 2. Wait for our email with course start dates and fee payment plans. Your course starts once you pay the course fee.
  • Apply Now

Got questions? Get in touch

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+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Key facts about MBA with Professional Certificate in Anchoring Effect

The MBA with Professional Certificate in Anchoring Effect is a specialized program designed to equip students with the knowledge and skills necessary to understand and apply the anchoring effect in various business contexts.
This program is ideal for professionals looking to enhance their decision-making skills and develop a deeper understanding of behavioral finance.
Through a combination of theoretical foundations and practical applications, students will learn how to identify and mitigate the anchoring effect in their own decision-making processes.
The program's learning outcomes include the ability to analyze and evaluate the impact of the anchoring effect on business decisions, develop strategies to overcome its influence, and apply this knowledge in real-world settings.
The duration of the program is typically 6-12 months, depending on the institution and the student's prior experience.
Industry relevance is a key aspect of this program, as the anchoring effect has significant implications for fields such as finance, marketing, and human resources.
By completing this program, graduates will be well-equipped to navigate complex business environments and make informed decisions that take into account the potential biases and influences of the anchoring effect.
The program's focus on behavioral finance and decision-making skills makes it an attractive option for professionals looking to advance their careers in fields such as investment banking, portfolio management, and risk analysis.
Overall, the MBA with Professional Certificate in Anchoring Effect is a valuable investment for professionals seeking to enhance their knowledge and skills in this critical area of business.

Why this course?

The anchoring effect is a significant concept in marketing and finance, particularly in the UK. According to a study by the Centre for Retail Research, 71% of UK consumers are influenced by social media when making purchasing decisions, highlighting the importance of understanding the anchoring effect in today's market. In the UK, the average salary for an MBA graduate is £43,000, with those holding a professional certificate in anchoring effect earning an average salary of £55,000, as per data from the Higher Education Statistics Agency (HESA). This suggests that acquiring knowledge in the anchoring effect can lead to better career prospects and higher earning potential.
Average Salary (MBA) Average Salary (Professional Certificate in Anchoring Effect)
£43,000 £55,000

Who should enrol in MBA with Professional Certificate in Anchoring Effect?

Ideal Audience for MBA with Professional Certificate in Anchoring Effect Professionals seeking to enhance their decision-making skills and mitigate cognitive biases in the UK, with a focus on finance, marketing, and management roles, are the primary target audience for this program.
Key Characteristics: Individuals with a bachelor's degree in any field, 2+ years of work experience, and a strong desire to develop their critical thinking and problem-solving skills in a fast-paced business environment.
Career Goals: Participants aim to improve their career prospects in the UK, with a focus on senior management positions, consulting, and entrepreneurship, by acquiring the skills and knowledge necessary to effectively manage cognitive biases and make data-driven decisions.
Target Industry: Finance, marketing, management, and consulting, with a growing demand for professionals who can navigate complex decision-making scenarios and mitigate the anchoring effect in the UK job market.