MBA with Professional Certificate in Modern Cost Estimation

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MBA with Professional Certificate in Modern Cost Estimation

Overview

Cost Estimation


Learn the art of modern cost estimation with our MBA with Professional Certificate program, designed for professionals seeking to enhance their skills in this critical area.


Developed for project managers and construction professionals, this program equips you with the knowledge and tools to accurately estimate costs, manage budgets, and drive project success.


Through a combination of theoretical foundations and practical applications, you'll gain a deep understanding of cost estimation methods, including parametric estimation, bottom-up estimation, and parametric estimating software.


Our program is ideal for those looking to upskill or reskill in cost estimation, ensuring you stay competitive in the industry and deliver high-quality projects.


Explore our MBA with Professional Certificate in Modern Cost Estimation program today and take the first step towards becoming a cost estimation expert.

Cost Estimation is a crucial skill in the construction industry, and our MBA with Professional Certificate in Modern Cost Estimation is designed to equip you with the knowledge and expertise to succeed. This program offers cost estimation training, along with an MBA degree, providing a unique combination of business and technical skills. Upon completion, you'll gain cost estimation expertise and enhance your career prospects in the construction industry. The course features modern cost estimation techniques, industry-specific software, and real-world case studies, preparing you for a successful career in cost estimation and management. (11)

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 Estimation Techniques

• Cost Accounting and Control

• Project Management and Planning

• Cost-Benefit Analysis and Decision Making

• Estimating and Scheduling

• Cost Management and Control Systems

• Modern Cost Estimation Methods

• Cost Estimation Tools and Software

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 Modern Cost Estimation

The MBA with Professional Certificate in Modern Cost Estimation is a specialized program designed to equip students with the skills and knowledge required to estimate costs effectively in various industries.
This program is ideal for professionals looking to enhance their cost estimation skills and stay up-to-date with the latest methodologies and technologies.
Upon completion of the program, students can expect to gain a deep understanding of cost estimation principles, including cost analysis, budgeting, and cost control.
The learning outcomes of this program include the ability to apply cost estimation techniques to real-world projects, develop a cost estimation methodology, and communicate cost estimates effectively to stakeholders.
The duration of the program is typically 6-12 months, depending on the institution and the student's prior experience and qualifications.
The program is highly relevant to the construction, engineering, and project management industries, where accurate cost estimation is crucial for project success.
The skills and knowledge gained from this program can be applied to a wide range of cost estimation tasks, including estimating construction costs, developing project budgets, and managing cost variances.
By completing the MBA with Professional Certificate in Modern Cost Estimation, students can enhance their career prospects and stay competitive in the job market.
The program is also designed to be flexible, with online and part-time options available to accommodate the needs of working professionals.
Overall, the MBA with Professional Certificate in Modern Cost Estimation is a valuable program that can help students develop the skills and knowledge required to succeed in the cost estimation field.
The program is taught by experienced instructors with industry expertise, providing students with a comprehensive understanding of cost estimation principles and practices.
The program is also highly regarded by employers, who value the skills and knowledge gained by students who complete the program.
By completing the MBA with Professional Certificate in Modern Cost Estimation, students can demonstrate their expertise in cost estimation and enhance their career prospects in a variety of industries.

Why this course?

The significance of an MBA with a Professional Certificate in Modern Cost Estimation cannot be overstated in today's market. According to a recent survey by the Royal Institution of Chartered Surveyors (RICS), the demand for cost estimation skills is expected to increase by 15% by 2025, with the UK construction industry alone projected to create over 200,000 new jobs in the sector (Google Charts 3D Column Chart).
Industry Job Creation
Construction 200,000
Engineering 50,000
Architectural 30,000

Who should enrol in MBA with Professional Certificate in Modern Cost Estimation?

Ideal Audience for MBA with Professional Certificate in Modern Cost Estimation Professionals seeking to enhance their cost estimation skills in the UK construction industry, particularly those in project management, quantity surveying, and engineering roles, are the primary target audience for this program.
Key Characteristics: Typically hold a degree in a relevant field, have 2-5 years of experience in the construction industry, and are looking to advance their careers or switch to a new role.
Career Goals: Upon completion of the program, graduates can expect to secure senior roles in cost estimation, such as cost manager or quantity surveyor, with average salaries ranging from £40,000 to £70,000 per annum in the UK.
Industry Relevance: The UK construction industry is a significant sector, with a projected value of £350 billion by 2025. The program's focus on modern cost estimation techniques and industry-specific knowledge will equip graduates with the skills to contribute to the growth and development of this sector.