MBA with Professional Certificate in Drug Pricing

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MBA with Professional Certificate in Drug Pricing

Overview

Drug Pricing

is a critical aspect of the pharmaceutical industry, and the MBA with Professional Certificate in Drug Pricing program is designed to equip professionals with the knowledge and skills to navigate this complex landscape. This program is ideal for pharmaceutical professionals, healthcare managers, and industry experts looking to enhance their understanding of drug pricing strategies, market dynamics, and regulatory frameworks. By combining theoretical foundations with real-world applications, this program aims to foster informed decision-making and drive business growth. Explore the MBA with Professional Certificate in Drug Pricing to discover how you can make a meaningful impact in the industry.

Drug Pricing is a critical aspect of the pharmaceutical industry, and our MBA with Professional Certificate in Drug Pricing program is designed to equip you with the knowledge and skills to navigate this complex landscape. By combining a comprehensive MBA with a specialized certificate in Drug Pricing, you'll gain a unique understanding of the factors that influence pharmaceutical pricing, including market trends, regulatory environments, and patient access. With this expertise, you'll be poised for a successful career in Drug Pricing, with opportunities in pharmaceutical companies, consulting firms, and government agencies. (8)

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


Pharmacoeconomics and Drug Pricing: Understanding the Concepts and Models •
Drug Pricing Strategies and Tactics: A Global Perspective •
Regulatory Frameworks for Drug Pricing: FDA, EU, and Global Guidelines •
Pharmaceutical Market Dynamics and Competition •
Value-Based Pricing and Reimbursement Models •
Pharmaceutical Pricing and Access: Challenges and Opportunities •
Comparative Analysis of Drug Pricing in Different Countries •
Pharmaceutical Pricing and Healthcare Policy: A Global Review •
Pharmaceutical Pricing and Market Research: Trends and Insights •
Drug Pricing and Intellectual Property: Patent and Licensing Issues

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 Drug Pricing

The MBA with Professional Certificate in Drug Pricing is a specialized program designed to equip students with the knowledge and skills required to navigate the complex world of pharmaceutical pricing.
This program is ideal for professionals working in the pharmaceutical industry, particularly those involved in pricing, reimbursement, and market access.
Through this program, students will learn about the intricacies of drug pricing, including the regulatory environment, market dynamics, and the impact of pricing on patient access and affordability.
The learning outcomes of this program include an understanding of the pharmaceutical pricing landscape, the ability to analyze and interpret pricing data, and the skills to develop effective pricing strategies that balance business objectives with social responsibility.
The duration of this program is typically 6-12 months, depending on the institution and the student's prior experience and qualifications.
The program is designed to be flexible, with online and on-campus options available to accommodate different learning styles and schedules.
The industry relevance of this program is high, as pharmaceutical companies, payers, and healthcare organizations are increasingly recognizing the importance of effective pricing strategies in driving business success and improving patient outcomes.
By completing this program, students will gain a competitive edge in the job market and be well-positioned to take on leadership roles in pricing, market access, and reimbursement within the pharmaceutical industry.
The program's focus on drug pricing also makes it an attractive option for students interested in healthcare management, pharmaceutical marketing, and policy analysis.
Overall, the MBA with Professional Certificate in Drug Pricing is a valuable investment for professionals looking to advance their careers in the pharmaceutical industry and make a positive impact on the healthcare system.

Why this course?

The significance of an MBA with a Professional Certificate in Drug Pricing cannot be overstated in today's market. The UK's National Health Service (NHS) alone spends over £20 billion annually on prescription medications, making it a critical area of focus for pharmaceutical companies, healthcare professionals, and policymakers. According to a report by the Pharmaceutical Research and Manufacturers of America (PhRMA), the global pharmaceutical market is projected to reach $1.5 trillion by 2025, with the UK being a significant contributor to this growth.
Year Pharmaceutical Market Size (UK)
2020 £43.8 billion
2025 £63.4 billion

Who should enrol in MBA with Professional Certificate in Drug Pricing?

Ideal Audience for MBA with Professional Certificate in Drug Pricing Professionals seeking to enhance their knowledge of the pharmaceutical industry, particularly those working in pricing, procurement, and supply chain management, are the primary target audience for this program.
Key Characteristics: Typically, individuals with a bachelor's degree in a related field, such as business, pharmacy, or life sciences, and at least 2-3 years of experience in the pharmaceutical industry, are well-suited for this program.
Industry Insights: The UK pharmaceutical industry is a significant contributor to the country's economy, with a value of over £40 billion in 2020. Professionals with expertise in drug pricing can play a crucial role in shaping the industry's future, particularly in light of the UK's National Health Service (NHS) spending constraints.
Career Opportunities: Graduates of this program can pursue careers in pricing, procurement, and supply chain management, both within the pharmaceutical industry and in related sectors, such as healthcare and biotechnology.