MBA with Professional Certificate in Procurement Recognition

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MBA with Professional Certificate in Procurement Recognition

Overview

Procurement is a critical function in any organization, and the MBA with Professional Certificate in Procurement Recognition is designed to equip professionals with the necessary skills to excel in this field.

Targeted at working professionals and those looking to transition into procurement, this program focuses on developing strategic procurement practices, contract management, and supply chain optimization.

Through a combination of online and offline learning, participants will gain a deep understanding of procurement principles, laws, and regulations, as well as industry best practices.

Upon completion, graduates will be recognized with a Professional Certificate in Procurement, enhancing their career prospects and earning potential.

Don't miss this opportunity to take your career to the next level. Explore the MBA with Professional Certificate in Procurement Recognition today and discover a world of possibilities in procurement.

MBA with Professional Certificate in Procurement is a comprehensive program that equips students with the skills and knowledge to excel in procurement management. This procurement-focused MBA program offers a unique blend of theoretical and practical learning, providing students with a deep understanding of the procurement function and its role in driving business success. With a strong emphasis on procurement best practices, students will learn how to negotiate contracts, manage supply chains, and optimize procurement processes. Graduates can expect exciting career prospects in industries such as finance, logistics, and manufacturing, with salaries ranging from $80,000 to $120,000. (4)

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 Management: Principles and Practices

Supply Chain Management: Strategies and Operations

Purchasing and Sourcing: Best Practices

Contract Management: Negotiation and Administration

Procurement Analytics: Data-Driven Decision Making

Sourcing Strategies: Supplier Selection and Development

Procurement Law and Regulations: Compliance and Risk Management

Procurement Technology: E-Sourcing and Procurement Systems

Negotiation and Conflict Resolution in Procurement

Procurement Strategy and Planning: Alignment with Business Objectives

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 Procurement Recognition

The MBA with Professional Certificate in Procurement Recognition is a specialized postgraduate program designed to equip students with the skills and knowledge required to succeed in procurement management.
This program is ideal for individuals who want to transition into a procurement role or advance their careers in the field.
Through a combination of theoretical and practical learning, students will gain a deep understanding of procurement principles, practices, and strategies.
The program covers topics such as procurement planning, supplier management, contract negotiation, and procurement analytics.
Learning outcomes of the program include the ability to analyze procurement needs, develop effective procurement strategies, and manage procurement operations.
The duration of the program is typically 12-18 months, depending on the institution and the student's prior experience.
The program is highly relevant to the industry, as procurement is a critical function in many organizations.
Many companies require their procurement professionals to hold a recognized certification, such as the Professional Certificate in Procurement Recognition.
Graduates of the program can expect to secure senior procurement roles or start their own procurement consulting businesses.
The program is also beneficial for those looking to specialize in a particular area of procurement, such as supply chain management or procurement analytics.
Overall, the MBA with Professional Certificate in Procurement Recognition is a valuable investment for individuals looking to launch or advance their careers in procurement.

Why this course?

Procurement Recognition is a vital component of an MBA program, particularly in today's market where supply chain management is a critical aspect of business strategy. According to a survey by the Chartered Institute of Purchasing and Supply (CIPS), 75% of UK businesses believe that procurement is a key driver of business growth (Source: CIPS, 2020).
Year Procurement Spend as a Percentage of Total Revenue
2015 25%
2018 30%
2020 35%

Who should enrol in MBA with Professional Certificate in Procurement Recognition?

Ideal Audience for MBA with Professional Certificate in Procurement Recognition Procurement professionals seeking to enhance their skills and knowledge in a rapidly evolving business landscape, particularly in the UK where the average salary for procurement managers is £55,000 (Source: Institute of Purchasing & Supply), with 75% of companies in the UK investing in procurement training (Source: Chartered Institute of Purchasing & Supply).
Key Characteristics: Professionals with 2-5 years of experience in procurement, looking to transition into senior roles or start their own businesses, and those seeking to stay ahead of the curve in a market where 60% of companies in the UK are expected to outsource their procurement functions by 2025 (Source: Deloitte).
Career Goals: To develop strategic procurement skills, enhance their understanding of supply chain management, and increase their earning potential, with the average salary for procurement managers in the UK expected to rise by 10% by 2025 (Source: PwC).