MBA with Professional Certificate in Incentive Management

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International Students can apply

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MBA with Professional Certificate in Incentive Management

Overview

Master's in Business Administration with Professional Certificate in Incentive Management

Designed for working professionals, this program equips you with the skills to create and implement effective incentive strategies.

Learn how to analyze market trends, design compensation plans, and measure program effectiveness.

Develop a deep understanding of behavioral economics, motivation theories, and data-driven decision making.

Gain practical knowledge of incentive management tools and technologies.

Enhance your career prospects and take your business to the next level.

Some of the key topics covered include:

Incentive Strategy Development, Compensation Plan Design, Performance Measurement, and Behavioral Economics.

Take the first step towards becoming an expert in incentive management.

Incentive Management is a vital skill for professionals seeking to boost performance and drive business growth. Our MBA with Professional Certificate in Incentive Management equips you with the knowledge and tools to design and implement effective incentive programs. You'll gain a deep understanding of Incentive Management principles, including motivation theory, behavioral economics, and data-driven decision making. With this course, you'll enhance your career prospects in HR, marketing, and sales, and develop a competitive edge in the job market. You'll also benefit from Incentive Management best practices, case studies, and industry connections. (4)

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


• Incentive Management Fundamentals

• Introduction to Incentive Planning

• Designing Incentive Programs

• Measuring Incentive Effectiveness

• Incentive Management in Organizations

• International Incentive Management Practices

• Advanced Incentive Management Techniques

• Ethics in Incentive Management

• Case Studies in Incentive Management

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 Incentive Management

The MBA with Professional Certificate in Incentive Management is a specialized program designed to equip students with the knowledge and skills required to design and implement effective incentive management strategies in various industries.
This program focuses on teaching students how to analyze organizational performance, identify areas for improvement, and develop targeted incentive plans to drive business results. By the end of the program, students will be able to apply their knowledge of incentive management principles to real-world scenarios and develop innovative solutions to complex problems.
The duration of the program is typically 12-18 months, depending on the institution and the student's prior experience. Students can expect to spend around 10-15 hours per week studying and completing coursework, as well as participating in case studies, group projects, and other interactive learning activities.
The program is highly relevant to the current business landscape, where companies are increasingly looking for professionals who can design and implement effective incentive management strategies to drive performance and growth. By completing this program, students will be well-positioned to secure leadership roles in organizations and contribute to the development of innovative incentive management programs.
Throughout the program, students will learn about topics such as behavioral economics, game theory, and organizational behavior, as well as the latest trends and best practices in incentive management. They will also have the opportunity to develop their analytical, communication, and project management skills, which are highly valued by employers in the industry.
Upon completion of the program, students will receive a Professional Certificate in Incentive Management, which can be used to enhance their career prospects and demonstrate their expertise in this field. The program is designed to be flexible and accessible, with online and part-time options available to accommodate the needs of working professionals and students with other commitments.

Why this course?

In today's market, an MBA with a Professional Certificate in Incentive Management is highly significant for professionals looking to advance their careers in the field of sales, marketing, and human resources. According to a survey by the Chartered Institute of Personnel and Development (CIPD), 75% of UK employers believe that incentive schemes are an essential part of their reward strategy (Source: CIPD, 2020).
Incentive Scheme Frequency Effectiveness
Sales Incentives Monthly 85%
Performance-Based Incentives Quarterly 90%
Recognition Programs Annually 80%

Who should enrol in MBA with Professional Certificate in Incentive Management?

Ideal Audience for MBA with Professional Certificate in Incentive Management Professionals seeking to enhance their skills in incentive management, particularly those in the UK, where the average salary for a sales manager is £43,000 (Source: Glassdoor, 2022), and the incentive management industry is valued at £1.4 billion (Source: ResearchAndMarkets, 2020).
Key Characteristics: Individuals with a bachelor's degree in business, marketing, or a related field, with at least 2 years of experience in sales, marketing, or a related field, and a strong understanding of business principles, including finance, accounting, and operations.
Career Goals: To develop expertise in incentive management, enhance career prospects, and increase earning potential, with the UK's average salary for an incentive manager being £55,000 (Source: Indeed, 2022).
Target Industry: Sales, marketing, and business development teams in various industries, including pharmaceuticals, technology, and finance, where incentive management plays a crucial role in driving sales performance and revenue growth.