MBA with Professional Certificate in Procurement Strategy

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MBA with Professional Certificate in Procurement Strategy

Overview

Procurement Strategy

is designed for professionals seeking to enhance their skills in sourcing and purchasing. This MBA with Professional Certificate in Procurement Strategy is tailored for procurement professionals and business leaders looking to optimize their supply chain management. The program focuses on developing strategic procurement capabilities, including contract management and supplier relationship management. By learning from industry experts, participants will gain a deeper understanding of procurement best practices and how to drive business growth through effective procurement strategies. Explore this program to take your career to the next level and discover how procurement strategy can benefit your organization.

Procurement Strategy is a vital skill for business success, and our MBA with Professional Certificate in Procurement Strategy is designed to equip you with the expertise. This comprehensive course combines theoretical foundations with practical applications, providing a unique learning experience. You'll gain in-depth knowledge of procurement strategy and its impact on business performance, as well as develop essential skills in contract management, supplier relationship management, and procurement analytics. With this course, you'll be well-positioned for a career in procurement, and our procurement strategy certification will open doors to new opportunities. Enhance your career prospects and take your business to the next level. (8)

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 and Planning •
Supply Chain Management •
Sourcing and Procurement Methods •
Contract Management and Negotiation •
Procurement Risk Management •
Procurement Analytics and Metrics •
Procurement Law and Regulations •
Procurement in Global Supply Chains •
Procurement Technology and Tools •
Procurement Strategy Implementation

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 Strategy

The MBA with Professional Certificate in Procurement Strategy is a comprehensive program designed to equip students with the necessary skills and knowledge to excel in procurement management.
This program is ideal for individuals who want to enhance their procurement skills and knowledge, particularly in strategic procurement, supply chain management, and contract management.
Upon completion of the program, students can expect to gain a deeper understanding of procurement principles, practices, and strategies, as well as the ability to analyze complex procurement problems and develop effective solutions.
The program's learning outcomes include the ability to develop and implement procurement strategies, manage procurement teams, and negotiate contracts with suppliers.
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 highly relevant to the industry, as procurement is a critical function in many organizations, and companies are increasingly looking for professionals with expertise in procurement strategy and management.
The program's curriculum covers a range of topics, including procurement strategy, supply chain management, contract management, and procurement analytics.
The program is designed to be flexible and can be completed part-time or full-time, making it accessible to working professionals who want to enhance their skills and knowledge.
The MBA with Professional Certificate in Procurement Strategy is a valuable investment for individuals who want to advance their careers in procurement and supply chain management.
The program's industry relevance is further enhanced by the fact that many companies are looking for professionals with expertise in procurement strategy and management, particularly in industries such as manufacturing, retail, and healthcare.
Overall, the MBA with Professional Certificate in Procurement Strategy is a comprehensive program that provides students with the necessary skills and knowledge to excel in procurement management and supply chain management.

Why this course?

Procurement Strategy is a vital component of business operations, particularly in today's market where supply chain management is becoming increasingly complex. According to a report by the Chartered Institute of Procurement and Supply (CIPS), the UK procurement market is expected to grow by 3.5% annually, with a projected value of £430 billion by 2025.
Year Growth Rate
2020 2.5%
2021 3.2%
2022 3.5%
2023 3.8%
2024 4.1%
2025 4.4%

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

Ideal Audience for MBA with Professional Certificate in Procurement Strategy Procurement professionals, Supply Chain Managers, and Business Leaders in the UK looking to enhance their skills and knowledge in strategic procurement, cost management, and supply chain optimization.
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 desire to upskill and reskill in strategic procurement, cost management, and supply chain optimization.
Career Goals: Seeking to advance their careers in procurement, supply chain management, or a related field, with a focus on strategic procurement, cost management, and supply chain optimization, and are looking for a program that provides a comprehensive understanding of these topics.
UK-Specific Statistics: According to a report by the Chartered Institute of Procurement and Supply (CIPS), the average salary for a procurement manager in the UK is £43,000, with the top 10% earning over £70,000. The same report states that the demand for skilled procurement professionals is expected to increase by 10% in the next 5 years.