MBA with Professional Certificate in Modern Procurement Strategies

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MBA with Professional Certificate in Modern Procurement Strategies

Overview

Procurement

is a vital function in any organization, and the MBA with Professional Certificate in Modern Procurement Strategies is designed to equip professionals with the necessary skills to excel in this field. This program is ideal for procurement professionals and business leaders looking to enhance their knowledge of modern procurement strategies. The course covers topics such as supply chain management, contract management, and procurement analytics. It also focuses on the latest trends and technologies in procurement, including artificial intelligence and blockchain. By the end of the program, learners will have gained a deep understanding of modern procurement strategies and be equipped to drive business growth and efficiency.

MBA with Professional Certificate in Modern Procurement Strategies is an ideal program for professionals seeking to enhance their procurement skills and advance their careers. This comprehensive course offers strategic procurement planning and modern procurement strategies to equip students with the knowledge and skills required to succeed in today's fast-paced business environment. With a focus on procurement management, students will learn how to negotiate contracts, manage supply chains, and optimize procurement processes. Upon completion, graduates can expect improved career prospects and increased earning potential. The program's unique features include a combination of theoretical and practical learning, ensuring students are well-prepared for real-world applications. (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


Procurement Strategy Development

Supply Chain Management

Sourcing and Supplier Selection

Contract Management and Negotiation

Procurement Analytics and Metrics

Category Management and Optimization

Procurement Technology and Systems

Risk Management and Compliance

Procurement and Sustainability

Global Sourcing and International Procurement

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 Procurement Strategies

The MBA with Professional Certificate in Modern Procurement Strategies is a comprehensive program designed to equip students with the necessary skills and knowledge to succeed in the field of procurement.
This program is ideal for individuals who want to enhance their procurement skills and knowledge in a modern and dynamic business environment.
The learning outcomes of this program include understanding procurement strategies, managing procurement processes, and developing effective relationships with suppliers.
Students will also learn about procurement analytics, contract management, and supply chain optimization.
The duration of this program is typically 12-18 months, depending on the institution and the student's prior experience.
The program is designed to be flexible, allowing students to balance their studies with their work or other commitments.
The industry relevance of this program is high, as procurement is a critical function in many organizations, and companies are looking for professionals who can drive value through effective procurement strategies.
The program is also relevant to the growing demand for digital transformation in procurement, and students will learn about the latest technologies and tools used in modern procurement.
Overall, the MBA with Professional Certificate in Modern Procurement Strategies is a valuable program for individuals who want to launch or advance their careers in procurement.
It provides a unique combination of theoretical knowledge and practical skills, making it an attractive option for students who want to succeed in the field of procurement.
The program is also designed to be career-focused, with a strong emphasis on developing the skills and knowledge needed to succeed in a rapidly changing business environment.
As a result, graduates of this program are well-equipped to take on leadership roles in procurement and drive value for their organizations.
The program is also relevant to the growing demand for sustainability and social responsibility in procurement, and students will learn about the latest trends and best practices in these areas.

Why this course?

Modern Procurement Strategies are gaining significant importance in today's market, driven by the need for efficient and cost-effective supply chain management. According to a report by the Chartered Institute of Procurement and Supply (CIPS), the UK procurement industry is expected to grow by 3.5% annually, with a projected value of £1.3 trillion by 2025.
Year Growth Rate
2015-2019 2.5%
2020-2024 3.2%
2025-2029 3.5%
The MBA with Professional Certificate in Modern Procurement Strategies is designed to equip learners with the necessary skills and knowledge to navigate the complexities of modern procurement. The program covers topics such as strategic sourcing, supplier management, and procurement analytics, providing learners with a comprehensive understanding of the industry.

Who should enrol in MBA with Professional Certificate in Modern Procurement Strategies?

Ideal Audience for MBA with Professional Certificate in Modern Procurement Strategies Procurement professionals, Supply Chain Managers, and Business Leaders in the UK looking to enhance their skills in modern procurement strategies, with a focus on cost reduction, supply chain optimization, and strategic sourcing.
Key Characteristics: Typically hold a bachelor's degree in a relevant field, with 2-5 years of experience in procurement or a related field, and a strong interest in developing their skills in modern procurement strategies, with a focus on the UK's National Procurement Strategy.
Career Goals: To gain a deeper understanding of modern procurement strategies, improve their skills in cost reduction, supply chain optimization, and strategic sourcing, and advance their careers in procurement, supply chain management, or business leadership, with a focus on the UK's public sector procurement landscape.
Target Industry: Public sector, private sector, and third sector organizations in the UK, including government agencies, private companies, and non-profit organizations, with a focus on industries such as construction, IT, and healthcare.