MBA with Professional Certificate in Luxury Retail Psychology

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MBA with Professional Certificate in Luxury Retail Psychology

Overview

Mastering Luxury Retail Psychology is crucial for success in the high-end retail industry.

Our MBA with Professional Certificate in Luxury Retail Psychology is designed for ambitious professionals seeking to understand the intricacies of luxury consumer behavior.

By studying the psychology behind luxury retail, you'll gain insights into consumer motivations, preferences, and decision-making processes.

This program is ideal for retail managers, marketing specialists, and entrepreneurs looking to elevate their understanding of luxury retail and drive business growth.

Through a combination of theoretical knowledge and practical applications, you'll develop the skills to create engaging luxury retail experiences that exceed customer expectations.

Join our program and discover the secrets to success in the luxury retail industry.

Luxury Retail Psychology is a game-changing combination of business acumen and consumer insight, empowering you to drive success in the high-end retail sector. This MBA with Professional Certificate in Luxury Retail Psychology offers unique career prospects in top-tier luxury brands, as well as key benefits including enhanced market analysis, strategic planning, and team leadership skills. With a focus on luxury retail psychology, you'll gain a deep understanding of consumer behavior, driving sales and customer loyalty. Develop a distinctive edge in the industry with our expert-led program, tailored to equip you for a high-end career. (5)

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 Decision Making in Luxury Retail
•
The Psychology of Luxury Branding and Identity
•
Emotional Connection and Attachment in Luxury Retail
•
The Role of Sensory Experience in Luxury Retail
•
Luxury Retail Marketing Strategies and Tactics
•
Understanding Customer Loyalty and Retention in Luxury Retail
•
The Impact of Social Media on Luxury Retail Psychology
•
Personalization and Customization in Luxury Retail
•
The Psychology of Pricing and Value Perception in Luxury Retail
•
Creating a Luxury Retail Experience: Space and Environment

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

Chat with us: Click the live chat button

+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Key facts about MBA with Professional Certificate in Luxury Retail Psychology

The MBA with Professional Certificate in Luxury Retail Psychology is a unique and specialized program that combines the rigors of an MBA with the insights of luxury retail psychology. This program is designed to equip students with the knowledge and skills necessary to succeed in the luxury retail industry, where understanding consumer behavior and motivations is crucial for driving sales and revenue growth. Through this program, students will learn about the psychological factors that influence consumer purchasing decisions, including the role of emotions, social status, and personal identity. They will also gain a deep understanding of the luxury retail landscape, including the key players, trends, and innovations shaping the industry. By combining theoretical knowledge with practical applications, this program provides students with a comprehensive understanding of luxury retail psychology and its applications. The program is typically completed in 12-18 months, depending on the student's prior work experience and academic background. Students will take a combination of core MBA courses and specialized courses in luxury retail psychology, including modules on consumer behavior, market research, and brand management. The program also includes a professional certificate in luxury retail psychology, which is recognized by industry leaders and employers. The MBA with Professional Certificate in Luxury Retail Psychology is highly relevant to the luxury retail industry, where understanding consumer behavior and motivations is critical for driving sales and revenue growth. The program is designed to equip students with the knowledge and skills necessary to succeed in this competitive and dynamic industry, where luxury brands are constantly innovating and evolving. By combining theoretical knowledge with practical applications, this program provides students with a comprehensive understanding of luxury retail psychology and its applications, making them highly attractive to employers in the luxury retail sector. The program is designed to be flexible and accessible, with online and part-time options available to accommodate students with busy schedules. The program is also designed to be highly interactive, with a focus on case studies, group projects, and industry events. By combining theoretical knowledge with practical applications, this program provides students with a comprehensive understanding of luxury retail psychology and its applications, making them highly attractive to employers in the luxury retail sector.

Why this course?

The significance of an MBA with a Professional Certificate in Luxury Retail 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 behavior is crucial to their success. This is reflected in the growing demand for luxury retail psychology courses, with a 30% increase in enrollments in the past year alone.
UK Luxury Retail Market Size Growth Rate
£1.4 trillion 10.3%
£1.6 trillion 12.1%

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

Luxury Retail Psychology Ideal Audience
Professionals in the luxury retail industry Are you a marketing manager, buyer, or sales professional looking to enhance your understanding of consumer behavior in high-end retail? With the UK luxury market valued at £73.9 billion, it's no surprise that businesses are seeking ways to stay ahead of the competition.
Retail managers and owners As a retail manager or owner, you're constantly seeking innovative ways to drive sales and customer engagement. This MBA with Professional Certificate in Luxury Retail Psychology can help you develop the skills and knowledge to create a unique customer experience that sets your business apart from the rest.
Marketing and sales professionals Whether you're a marketing specialist or sales professional, this program can help you understand the psychological factors that influence consumer purchasing decisions. By gaining a deeper understanding of luxury retail psychology, you'll be able to develop targeted marketing campaigns and sales strategies that drive results.
Entrepreneurs and small business owners As an entrepreneur or small business owner, you're constantly looking for ways to grow and expand your business. This MBA with Professional Certificate in Luxury Retail Psychology can help you develop the skills and knowledge to create a successful luxury retail business that resonates with high-end consumers.