MBA with Professional Certificate in Oil Costing

Thursday, 19 February 2026 14:11:29

International Students can apply

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MBA with Professional Certificate in Oil Costing

Overview

Oil Costing

is a specialized field that helps organizations manage their costs effectively in the oil and gas industry.

This MBA with Professional Certificate in Oil Costing is designed for professionals who want to enhance their skills in cost management, financial analysis, and strategic decision-making.

The program focuses on teaching students how to analyze and optimize oil costs, including procurement, production, and transportation costs.

Some key topics covered in the program include cost accounting, financial modeling, and supply chain management.

By completing this program, learners will gain a deeper understanding of the oil costing process and be able to apply their knowledge to real-world scenarios.

If you're interested in advancing your career in the oil and gas industry, explore this MBA with Professional Certificate in Oil Costing and discover how you can make a meaningful impact in cost management.

Oil Costing is a specialized field that requires expertise in cost management, financial analysis, and industry-specific knowledge. Our MBA with Professional Certificate in Oil Costing program equips you with the skills to excel in this field. You'll gain a deep understanding of Oil Costing principles, including cost estimation, budgeting, and financial planning. With this knowledge, you'll be able to analyze complex financial data, identify areas of cost savings, and make informed decisions that drive business growth. Upon completion, you'll be well-positioned for a career in Oil Costing or related fields, with opportunities in oil and gas companies, consulting firms, and more. (53)

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 Accounting for Oil and Gas Industry •
Financial Management in Oil and Gas Sector •
Oil Pricing Strategies and Market Analysis •
Cost Estimation and Budgeting for Oil Projects •
Supply Chain Management in Oil and Gas Operations •
Risk Management in Oil and Gas Investments •
Financial Analysis and Valuation of Oil Assets •
Oil Costing and Pricing in Global Markets •
Strategic Cost Management in Oil and Gas Companies •
Energy Economics and Policy Analysis

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 Oil Costing

The MBA with Professional Certificate in Oil Costing is a specialized program designed for professionals in the oil and gas industry who want to enhance their skills in cost management and optimization.
This program focuses on teaching students how to analyze and manage costs in the oil and gas sector, including drilling, production, and transportation costs.
The learning outcomes of this program include understanding the principles of cost accounting, financial management, and strategic cost management, as well as the ability to apply these principles in real-world scenarios.
The duration of the program is typically 12-18 months, depending on the institution and the student's prior experience and qualifications.
The program is designed to be industry-relevant, with a focus on the latest trends and best practices in oil cost management.
The MBA with Professional Certificate in Oil Costing is a valuable asset for professionals in the oil and gas industry, as it provides them with the skills and knowledge needed to optimize costs and improve profitability.
The program is also relevant to professionals in related industries, such as energy, finance, and management consulting, who want to gain a deeper understanding of the oil and gas sector and its cost management practices.
Overall, the MBA with Professional Certificate in Oil Costing is a unique and valuable program that provides students with a comprehensive understanding of oil cost management and optimization.

Why this course?

The significance of an MBA with a Professional Certificate in Oil Costing cannot be overstated in today's market. According to a report by the Association for the Study of Peak Oil and Gas (ASPO), the global oil and gas industry is expected to experience a significant decline in production over the next decade, leading to a shortage of skilled professionals in the field. In the UK, the oil and gas industry is a significant contributor to the economy, with the sector employing over 200,000 people and generating £20 billion in revenue each year. However, the industry is facing significant challenges, including declining reserves, increasing costs, and changing regulatory requirements. To address these challenges, the oil and gas industry is placing a greater emphasis on cost management and optimization. An MBA with a Professional Certificate in Oil Costing can provide learners with the skills and knowledge needed to succeed in this field.
Year Oil Production (bbl/day) Gas Production (mcf/day)
2020 12,000,000 1,500,000
2025 8,000,000 1,000,000
2030 4,000,000 500,000

Who should enrol in MBA with Professional Certificate in Oil Costing?

Ideal Audience for MBA with Professional Certificate in Oil Costing Are you a finance professional looking to enhance your skills in oil costing? Do you work in the energy sector and want to stay ahead of the curve? You're in the right place.
Key Characteristics: Typically, our ideal candidates are finance professionals with 2-5 years of experience in the energy sector, working in roles such as cost accountant, financial analyst, or procurement manager. They are based in the UK, with a strong understanding of the oil and gas industry and its complexities.
Career Goals: Our ideal candidates are looking to enhance their skills in oil costing, gain a competitive edge in the job market, and advance their careers in the energy sector. They are seeking a structured program that provides a comprehensive understanding of oil costing principles, practices, and applications.
Education and Background: Typically, our ideal candidates hold a bachelor's degree in a relevant field such as finance, accounting, or business administration. They have a strong foundation in financial management, cost accounting, and business principles.
Location: Our program is designed for professionals based in the UK, with a focus on the oil and gas industry. However, we welcome candidates from other countries with an interest in oil costing and the energy sector.