MBA with Professional Certificate in Minimizing Sunk Costs

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MBA with Professional Certificate in Minimizing Sunk Costs

Overview

Minimizing Sunk Costs

is a crucial concept in business decision-making, especially for MBA professionals. Understanding sunk costs is essential to avoid financial pitfalls and make informed choices. This program is designed for MBA students and working professionals who want to develop a deeper understanding of sunk cost fallacy and its impact on business outcomes.

By learning how to identify and manage sunk costs, participants will gain a competitive edge in their careers and make better decisions in a rapidly changing business environment.

Through a combination of lectures, case studies, and group discussions, participants will learn how to apply the principles of minimizing sunk costs to real-world business scenarios.

Whether you're looking to advance your career or start your own business, this program will equip you with the knowledge and skills to make informed decisions and achieve your goals.

Don't let sunk costs hold you back. Explore the Minimizing Sunk Costs program today and discover how to make better business decisions.

Sunk Costs are a common pitfall for business professionals, but with our MBA with Professional Certificate in Minimizing Sunk Costs, you'll learn how to make informed decisions and avoid costly mistakes. This course is designed to equip you with the skills to analyze and manage sunk costs, ensuring you maximize returns on investment. By the end of the program, you'll gain a deeper understanding of financial management and be able to sunk cost analysis to inform your business strategy. With a strong focus on practical application, you'll be well-prepared for a career in finance, management, or consulting, where sunk cost awareness is crucial. (6)

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

•
• Cost-Benefit Analysis for Investment Decisions •
• Behavioral Finance: Understanding Sunk Cost Fallacy •
• Decision Making under Uncertainty with Expected Utility Theory •
• Game Theory and Strategic Decision Making •
• Financial Statement Analysis for Investment Evaluation •
• Risk Management and Diversification Strategies •
• Time Value of Money and Discounted Cash Flow Analysis •
• Corporate Finance and Capital Budgeting Techniques •
• Strategic Management and Resource Allocation Decisions

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 Minimizing Sunk Costs

The MBA with Professional Certificate in Minimizing Sunk Costs is a specialized program designed to equip students with the knowledge and skills necessary to make informed decisions in business and finance.
This program focuses on the concept of sunk costs, which refers to expenses that have already been incurred and cannot be recovered.
By learning how to minimize sunk costs, students can improve their decision-making skills and increase their chances of success in their careers.
The program covers a range of topics, including financial management, accounting, and business strategy, with a focus on the application of sunk cost principles.
Through a combination of online and offline learning, students will gain a deeper understanding of the importance of minimizing sunk costs in business decision-making.
The program is designed to be completed in a short duration, typically 6-12 months, making it an ideal option for working professionals who want to upskill or reskill.
The MBA with Professional Certificate in Minimizing Sunk Costs is highly relevant to the finance and business industries, where minimizing sunk costs can have a significant impact on profitability and competitiveness.
By the end of the program, students will be able to apply their knowledge and skills to real-world business scenarios, making them more attractive to employers and better equipped to succeed in their careers.
The program is also designed to be industry-relevant, with a focus on the latest trends and best practices in finance and business.
Overall, the MBA with Professional Certificate in Minimizing Sunk Costs is a valuable investment for anyone looking to improve their business acumen and increase their chances of success in the finance and business industries.

Why this course?

Minimizing Sunk Costs is a crucial aspect of business decision-making in today's market. According to a survey by the Association of Chartered Certified Accountants (ACCA) in the UK, 71% of businesses believe that minimizing sunk costs is essential for long-term success.
Reasons for Minimizing Sunk Costs Percentage
To avoid financial losses 55%
To improve resource allocation 21%
To increase competitiveness 14%
To reduce stress and anxiety 10%

Who should enrol in MBA with Professional Certificate in Minimizing Sunk Costs?

Ideal Audience for MBA with Professional Certificate in Minimizing Sunk Costs Professionals seeking to enhance their business acumen and decision-making skills, particularly those in the UK, where 71% of businesses report that poor decision-making is a major obstacle to growth (Source: Institute of Directors).
Key Characteristics: Business leaders, managers, and entrepreneurs with 2-10 years of experience, holding a bachelor's degree in any field, and seeking to develop their skills in cost management, financial analysis, and strategic decision-making.
Industry Focus: Finance, accounting, management, marketing, and entrepreneurship, with a focus on UK-based businesses, where 60% of small and medium-sized enterprises (SMEs) report that they struggle to manage cash flow effectively (Source: Federation of Small Businesses).
Learning Objectives: Develop a deeper understanding of sunk cost fallacy, learn how to analyze financial data, and acquire skills in strategic decision-making, cost management, and financial analysis, enabling professionals to make informed decisions and drive business growth.