MBA with Professional Certificate in Financial Mental Accounting

Thursday, 08 January 2026 18:17:27

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MBA with Professional Certificate in Financial Mental Accounting

Overview

Financial Mental Accounting

is a specialized field of study that explores the psychological and emotional aspects of financial decision-making.

It delves into how individuals perceive and process financial information, often influenced by personal biases and emotions.

This program is designed for professionals seeking to enhance their financial literacy and make more informed decisions.

By understanding the mental accounting principles, participants can develop a more nuanced approach to managing their finances and make better investment choices.

Some key concepts include the difference between mental and real accounts, loss aversion, and the impact of emotions on financial decisions.

By exploring these concepts, learners can gain a deeper understanding of their own financial behaviors and develop strategies to improve their financial well-being.

Take the first step towards a more informed and empowered approach to financial decision-making. Explore the Financial Mental Accounting program to learn more.

Mental Accounting is a powerful tool for making informed financial decisions. This MBA with Professional Certificate in Financial Mental Accounting course equips you with the knowledge to understand how your brain influences your financial choices. By learning about Mental Accounting, you'll gain a deeper understanding of how to make better financial decisions, manage risk, and achieve your long-term goals. With this course, you'll develop skills in financial analysis, budgeting, and investment management, leading to career prospects in finance, accounting, and management. Unique features include interactive case studies and a focus on real-world applications, making this course a valuable addition to your MBA education. (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

•
• Behavioral Finance: Understanding how mental accounting influences financial decisions •
• Financial Literacy: Developing skills to make informed financial choices •
• Mental Accounting Theory: Examining the psychological factors that drive financial behavior •
• Financial Decision Making: Applying mental accounting principles to real-world scenarios •
• Risk Perception: Understanding how mental accounting affects risk tolerance •
• Budgeting and Saving: Strategies for managing mental accounting biases •
• Investment Decisions: Using mental accounting insights to inform investment choices •
• Consumer Behavior: Understanding how mental accounting influences spending habits •
• Financial Planning: Integrating mental accounting principles into comprehensive financial plans

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)

40% Cheaper

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 Financial Mental Accounting

The MBA with Professional Certificate in Financial Mental Accounting is a specialized program designed to equip students with the knowledge and skills required to understand the psychological and emotional aspects of financial decision-making.
This program is ideal for individuals who want to gain a deeper understanding of how financial mental accounting influences consumer behavior and financial planning.
By completing this program, students will learn how to analyze and interpret financial data, identify biases and heuristics, and develop strategies to mitigate their impact on financial decisions.
The program covers topics such as financial literacy, behavioral finance, and decision-making under uncertainty, providing students with a comprehensive understanding of financial mental accounting.
The duration of the program is typically 6-12 months, depending on the institution and the student's prior experience and background.
Industry relevance is high, as financial mental accounting has significant implications for fields such as finance, marketing, and human resources.
Companies are increasingly recognizing the importance of understanding consumer behavior and financial decision-making, making this program highly relevant for professionals looking to advance their careers.
The program is designed to be flexible, with online and on-campus options available, making it accessible to students from a wide range of backgrounds and locations.
Upon completion, students will receive a professional certificate in Financial Mental Accounting, demonstrating their expertise and commitment to this specialized field.
The program is taught by experienced faculty members who are experts in their field, providing students with a high-quality education and networking opportunities.
Overall, the MBA with Professional Certificate in Financial Mental Accounting is a valuable program that can help students develop a deeper understanding of financial mental accounting and its applications in real-world settings.

Why this course?

Financial Mental Accounting is a crucial aspect of business decision-making, particularly in today's market. According to a survey by the Chartered Institute of Management Accountants (CIMA), 71% of UK businesses believe that mental accounting is a key factor in their financial decision-making processes. This highlights the significance of understanding how individuals mentally account for money in business settings.
Industry Percentage of Businesses
Retail 55%
Manufacturing 42%
Services 63%

Who should enrol in MBA with Professional Certificate in Financial Mental Accounting?

Ideal Audience for MBA with Professional Certificate in Financial Mental Accounting Professionals seeking to enhance their financial management skills, particularly those in the UK, where 1 in 5 businesses fail within the first five years, highlighting the need for effective financial decision-making.
Key Characteristics: Individuals with a bachelor's degree in any field, preferably with 2-5 years of work experience, and a strong interest in finance and business, with 75% of UK professionals reporting a desire to upskill in financial management.
Career Goals: Aspiring finance professionals, business owners, and managers looking to improve their financial literacy, decision-making, and leadership skills, with 60% of UK businesses citing financial management as a key area for improvement.
Prerequisites: No prior knowledge of financial mental accounting is required, but a basic understanding of finance and business concepts is beneficial, with 40% of UK professionals reporting a lack of confidence in their financial decision-making abilities.