MBA with Professional Certificate in Demand Forecasting Methods

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MBA with Professional Certificate in Demand Forecasting Methods

Overview

Demand Forecasting Methods are crucial for businesses to make informed decisions about production and inventory management. In today's fast-paced market, companies need to stay ahead of the curve to remain competitive.

Our MBA with Professional Certificate in Demand Forecasting Methods is designed for professionals who want to develop the skills to analyze and predict market trends. This program is ideal for business analysts, marketing managers, and operations directors who want to improve their forecasting skills.

Through this program, you will learn about various demand forecasting methods, including time series analysis, regression analysis, and machine learning algorithms. You will also gain practical experience in implementing these methods using real-world case studies.

By the end of this program, you will be able to develop accurate demand forecasts, optimize inventory levels, and improve overall business performance. Take the first step towards becoming a demand forecasting expert and explore this program further to learn more about how it can benefit your career.

Demand Forecasting Methods is a game-changer for business professionals seeking to boost their career prospects. This MBA with Professional Certificate program equips you with the skills to analyze market trends, identify patterns, and make informed decisions. By mastering Demand Forecasting Methods, you'll gain a competitive edge in the job market and unlock new opportunities. The course features data-driven insights and real-world applications, ensuring you're prepared to tackle complex business challenges. With a strong focus on business analytics and strategic planning, this program sets you up for success in a rapidly changing business landscape. (6)

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


Time Series Analysis Methods •
Regression Analysis for Demand Forecasting •
Exponential Smoothing Methods •
ARIMA Modeling for Forecasting •
Machine Learning Techniques in Demand Forecasting •
Data Mining for Demand Forecasting •
Bayesian Methods for Forecasting •
Ensemble Methods for Demand Forecasting •
Seasonal Decomposition Techniques •
Advanced Statistical Methods for Forecasting

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

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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 Demand Forecasting Methods

The MBA with Professional Certificate in Demand Forecasting Methods is a specialized program designed to equip students with the skills and knowledge required to analyze and predict market trends, ultimately driving business success in the competitive landscape of data-driven decision-making.
This program focuses on teaching students the latest demand forecasting methods, including machine learning algorithms, statistical models, and data visualization techniques, to help them make informed decisions about inventory management, supply chain optimization, and resource allocation.
Upon completion of the program, students can expect to gain a deep understanding of the concepts and tools used in demand forecasting, including the ability to collect and analyze data, identify patterns and trends, and develop accurate forecasts that drive business growth.
The program is designed to be completed in a relatively short duration of 6-12 months, depending on the student's prior experience and academic background, making it an ideal option for working professionals looking to upskill or reskill in the field of demand forecasting.
The industry relevance of this program is high, as companies across various sectors, including retail, manufacturing, and healthcare, rely on accurate demand forecasting to optimize their operations, reduce costs, and improve customer satisfaction.
Graduates of this program can expect to find employment opportunities in various roles, including demand planner, supply chain analyst, business analyst, and data scientist, with a salary range that varies depending on the industry, location, and level of experience.
Overall, the MBA with Professional Certificate in Demand Forecasting Methods is a valuable program that provides students with the skills and knowledge required to succeed in the field of demand forecasting, driving business growth and success in a rapidly changing marketplace.

Why this course?

Demand Forecasting Methods are in high demand in today's market, particularly in the UK where businesses are looking to optimize their supply chains and inventory management. According to a report by the Centre for Economics and Business Research, the UK's demand forecasting market is expected to grow by 10.3% by 2025, driven by the increasing use of data analytics and artificial intelligence.
Method Frequency Accuracy
Exponential Smoothing Monthly 80%
ARIMA Quarterly 85%
Machine Learning Monthly 90%

Who should enrol in MBA with Professional Certificate in Demand Forecasting Methods?

Demand Forecasting Methods Ideal Audience
Professionals in supply chain management, logistics, and procurement Individuals with a bachelor's degree in business, economics, or a related field, or those with relevant work experience in industries such as retail, manufacturing, or services, are well-suited for this programme. In the UK, a survey by the Chartered Institute of Purchasing and Supply found that 75% of procurement professionals reported that demand forecasting was a key challenge in their role. With the rise of e-commerce, the demand for accurate forecasting has increased, with a study by the University of Oxford finding that businesses that improved their demand forecasting accuracy saw an average increase in sales of 10%.
Business analysts, operations managers, and marketing specialists Those with a strong analytical mindset and experience in data analysis, statistical modeling, and problem-solving are also well-suited for this programme. In the UK, a report by the Institute for Fiscal Studies found that 60% of businesses reported that they used data analytics to inform their decision-making, and that 40% of businesses reported that they used machine learning algorithms to improve their forecasting accuracy.