MBA with Professional Certificate in Hospitality Pricing

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MBA with Professional Certificate in Hospitality Pricing

Overview

Hospitality Pricing

is a specialized field that requires a deep understanding of market dynamics, consumer behavior, and revenue management strategies. This MBA with Professional Certificate in Hospitality Pricing is designed for hospitality professionals looking to enhance their skills and knowledge in pricing and revenue management.

Developed in collaboration with industry experts, this program covers essential topics such as pricing strategies, revenue management, and data analysis, enabling learners to make informed decisions and drive business growth.

Through a combination of theoretical foundations and practical applications, learners will gain a comprehensive understanding of the complexities of hospitality pricing and be equipped to analyze and optimize pricing strategies in various hotel and hospitality settings.

Whether you're a hotel manager, revenue manager, or industry consultant, this program will provide you with the knowledge and skills to stay ahead in the competitive hospitality industry.

Explore the world of hospitality pricing and take your career to the next level. Discover more about this program and start your journey today!

Pricing is a crucial aspect of the hospitality industry, and our MBA with Professional Certificate in Hospitality Pricing is designed to equip you with the skills to succeed. This course offers practical training in pricing strategies, market analysis, and revenue management. You'll gain a deep understanding of pricing models and learn how to apply them in real-world scenarios. With this knowledge, you'll be well-positioned for a career in hospitality management, with opportunities in hotel operations, revenue management, and more. Our program is industry-recognized and career-focused, ensuring you're prepared to hit the ground running. (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


Pricing Strategy Development

Revenue Management Techniques

Cost-Benefit Analysis in Pricing

Market Analysis and Pricing

Pricing in the Digital Age

Dynamic Pricing Models

Pricing for Different Customer Segments

Pricing in the Service Industry

Pricing for Luxury and Premium Products

Pricing Analytics and Data-Driven 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 Hospitality Pricing

The MBA with Professional Certificate in Hospitality Pricing is a specialized program designed to equip students with the knowledge and skills required to succeed in the hospitality industry, particularly in pricing strategy and management. This program is typically offered by top business schools and universities, and its learning outcomes focus on developing students' understanding of hospitality pricing models, revenue management techniques, and market analysis methods. Students will learn how to analyze market trends, assess customer behavior, and develop effective pricing strategies that balance revenue goals with customer satisfaction. The duration of the program varies depending on the institution, but it is usually a part-time or online program that can be completed within 12-18 months. This allows working professionals to balance their studies with their existing careers, making it an ideal option for those looking to upskill or reskill in the hospitality industry. The industry relevance of the MBA with Professional Certificate in Hospitality Pricing is high, as the hospitality industry is highly competitive and requires effective pricing strategies to stay ahead. By acquiring this knowledge and skills, graduates can expect to secure leadership roles in pricing and revenue management, or start their own businesses in the hospitality sector. Upon completion of the program, students will have gained a deep understanding of hospitality pricing and revenue management, as well as the ability to apply this knowledge in real-world scenarios. They will also have developed strong analytical and problem-solving skills, which are highly valued by employers in the hospitality industry. The program is designed to be flexible and accessible, with online and part-time options available to accommodate different learning styles and schedules. This makes it an ideal option for working professionals, entrepreneurs, and anyone looking to transition into a career in the hospitality industry.

Why this course?

The significance of an MBA with a Professional Certificate in Hospitality Pricing in today's market cannot be overstated. According to a recent survey by the Association of British Hospitality Businesses (ABHB), the UK hospitality industry is expected to grow by 4.5% annually, with pricing being a critical factor in driving revenue and profitability.
Year Growth Rate
2018 3.2%
2019 4.1%
2020 4.5%

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

Ideal Audience for MBA with Professional Certificate in Hospitality Pricing Are you a hospitality professional looking to boost your career with a strategic pricing approach?
Industry Professionals With over 200,000 people employed in the UK hospitality industry, this course is perfect for those in hotel management, events, and tourism.
Aspiring Managers If you're looking to move into a management role, this course will equip you with the skills to develop and implement effective pricing strategies.
Entrepreneurs As a hospitality entrepreneur, you'll learn how to create pricing strategies that drive revenue and growth in a competitive market.
Current MBA Students If you're already studying for an MBA, this professional certificate will complement your studies and provide you with a specialized skillset in hospitality pricing.