MBA with Professional Certificate in Luxury Consumer Psychology

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MBA with Professional Certificate in Luxury Consumer Psychology

Overview

Luxury Consumer Psychology is a specialized field that delves into the intricate world of high-end consumers, understanding their motivations, desires, and behaviors.

This MBA with Professional Certificate in Luxury Consumer Psychology is designed for ambitious professionals seeking to unlock the secrets of the luxury market, gaining a deeper understanding of the psychology driving consumer behavior.

By combining theoretical knowledge with practical applications, this program equips learners with the skills to analyze consumer trends, develop effective marketing strategies, and create personalized experiences that exceed customer expectations.

With a focus on the intersection of luxury and consumer behavior, this program is ideal for marketing professionals, brand managers, and entrepreneurs looking to elevate their understanding of the luxury market.

Explore the fascinating world of Luxury Consumer Psychology and discover how to tap into the desires of high-end consumers, driving business growth and success.

Luxury Consumer Psychology is a unique combination of business acumen and consumer insight, offering a competitive edge in the luxury industry. This MBA with Professional Certificate in Luxury Consumer Psychology equips you with the skills to understand and cater to the complex needs of high-end consumers. By studying the psychology behind luxury consumer behavior, you'll gain a deep understanding of market trends and customer preferences. With this knowledge, you'll be well-positioned for a career in luxury marketing, management, or consulting. The course features case studies and industry connections, providing a comprehensive learning experience. (25)

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

•
Consumer Behavior and Motivation in Luxury Markets •
Understanding the Psychology of High-End Consumerism •
The Role of Emotions in Luxury Purchase Decisions •
Luxury Brand Identity and Image Management •
The Impact of Social Media on Luxury Consumer Behavior •
Personalization and Tailoring in Luxury Retail •
The Psychology of Experiential Luxury and Events •
Luxury Goods and Services: A Comparative Analysis •
The Influence of Cultural and Socio-Economic Factors on Luxury Consumption •
Effective Marketing Strategies for Luxury Brands

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
    •

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 Luxury Consumer Psychology

The MBA with Professional Certificate in Luxury Consumer Psychology is a unique and specialized program that combines the rigors of an MBA with the insights of luxury consumer psychology. This program is designed to equip students with the knowledge and skills necessary to understand and cater to the complex needs of high-end consumers, a key aspect of luxury marketing. Through this program, students will learn about the psychology of luxury consumption, including the motivations, values, and behaviors of affluent consumers. They will also gain a deep understanding of the luxury industry, including its history, trends, and best practices. This knowledge will enable them to develop effective strategies for creating and marketing luxury products and services that meet the needs of discerning consumers. The program is typically completed in 12-18 months and consists of a combination of online and on-campus courses. Students will have the opportunity to take electives in areas such as luxury branding, high-end retailing, and experiential marketing, allowing them to tailor their education to their interests and career goals. Upon completion of the program, students will receive an MBA degree and a professional certificate in luxury consumer psychology. This dual credential will make them highly attractive to employers in the luxury industry, where knowledge of luxury consumer psychology is a highly valued skill. The industry relevance of this program cannot be overstated. As the luxury market continues to grow and evolve, companies are increasingly looking for professionals who can understand and cater to the complex needs of high-end consumers. By combining an MBA with a professional certificate in luxury consumer psychology, students will be well-positioned to succeed in this rapidly growing field. Graduates of this program will have a wide range of career opportunities available to them, including roles in luxury marketing, branding, and retailing. They will also be well-equipped to start their own luxury businesses or pursue careers in related fields such as finance, consulting, or entrepreneurship.

Why this course?

The significance of an MBA with a Professional Certificate in Luxury Consumer Psychology cannot be overstated in today's market. According to a recent survey by the Association of MBAs (AMBA), 75% of luxury brands in the UK believe that understanding consumer psychology is crucial to their success. This is reflected in the growing demand for luxury consumer psychology courses, with a 30% increase in applications from UK-based students in the past year alone.
UK Luxury Brands Importance of Consumer Psychology
75% Crucial to success
25% Important but not crucial
30% Increasing demand for luxury consumer psychology courses

Who should enrol in MBA with Professional Certificate in Luxury Consumer Psychology?

Luxury Consumer Psychology Ideal Audience
Professionals seeking to enhance their understanding of high-end consumer behavior and decision-making processes. Individuals working in luxury industries, such as retail, hospitality, and finance, who want to develop a deeper understanding of luxury consumer psychology.
Marketing and brand managers looking to create targeted luxury marketing campaigns. Researchers and academics interested in the field of luxury consumer psychology, particularly those based in the UK, where the luxury market is a significant contributor to the economy.
Business owners and entrepreneurs seeking to develop a luxury brand or expand their existing one. Anyone interested in understanding the complexities of luxury consumer behavior, including consumer researchers, market analysts, and industry professionals.