MBA with Professional Certificate in Reducing Sunk Costs

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MBA with Professional Certificate in Reducing Sunk Costs

Overview

Reducing Sunk Costs

is a crucial concept in business decision-making, especially for MBA professionals. Some organizations often struggle with this concept, leading to suboptimal decisions. This program is designed for MBA professionals who want to learn how to effectively reduce sunk costs and make better business decisions.

By understanding the concept of sunk costs, learners will be able to analyze their business decisions more critically and make informed choices.

Through this program, learners will gain knowledge on how to identify and manage sunk costs, and develop strategies to minimize their impact on business decisions.

With this knowledge, learners will be able to make more informed decisions and drive business growth.

Join our program to learn how to effectively reduce sunk costs and take your business to the next level.

Reducing Sunk Costs is a game-changer for professionals seeking to optimize their decision-making processes. This MBA with Professional Certificate program equips you with the skills to break free from the trap of sunk costs and make data-driven choices. By learning from industry experts, you'll gain a deeper understanding of cost-benefit analysis, risk management, and strategic planning. With this knowledge, you'll be able to reduce sunk costs and increase your organization's bottom line. Career prospects are vast, with opportunities in finance, management, and consulting. The program's unique features include interactive case studies and real-world applications. (13)

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-Benefit Analysis for Sunk Cost Decisions •
• Behavioral Finance: Understanding Sunk Cost Fallacy •
• Decision Making Under Uncertainty: A Framework for Sunk Cost Management •
• Financial Statement Analysis: Identifying Sunk Costs •
• Strategic Management: Balancing Sunk Costs with Future Growth •
• Operations Management: Minimizing Sunk Costs in Production •
• Accounting for Sunk Costs: A Guide to Proper Cost Allocation •
• Sunk Cost Fallacy in Mergers and Acquisitions •
• Financial Planning and Sunk Cost Management: A Case Study Approach

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

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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 Reducing Sunk Costs

The MBA with Professional Certificate in Reducing Sunk Costs is a specialized program designed to equip students with the knowledge and skills necessary to make informed decisions in the face of sunk costs.
This program focuses on teaching students how to analyze and manage sunk costs, a critical aspect of business decision-making.
By the end of the program, students will be able to apply the principles of reducing sunk costs to real-world business scenarios, making them more effective decision-makers.
The learning outcomes of this program include the ability to identify and evaluate sunk costs, develop strategies to minimize their impact, and create value for stakeholders.
The duration of the program is typically 6-12 months, depending on the institution and the student's prior experience.
The program is designed to be flexible, with online and on-campus options available to accommodate different learning styles and schedules.
The industry relevance of this program is high, as reducing sunk costs is a critical aspect of business strategy and operations.
Many industries, including finance, healthcare, and technology, rely on the ability to manage sunk costs to make informed decisions and drive growth.
By completing this program, students can enhance their career prospects and become more competitive in the job market.
The program is also designed to be career-advancing, with a focus on developing the skills and knowledge necessary to take on leadership roles.
Overall, the MBA with Professional Certificate in Reducing Sunk Costs is a valuable program that can help students achieve their career goals and make a positive impact in their organizations.

Why this course?

Reducing Sunk Costs with an MBA and Professional Certificate is a crucial aspect of business decision-making in today's market. According to a survey by the Association of Chartered Certified Accountants (ACCA), 71% of UK businesses believe that sunk costs should not influence their decisions (ACCA, 2020). This highlights the need for professionals to understand the concept of sunk costs and how to apply it in their decision-making processes.
Sunk Costs Impact on Decision-Making
Definition Sunk costs are costs that have already been incurred and cannot be changed or recovered.
Examples Investment in a project that has already been completed, or a contract that has already been signed.
Impact on Decision-Making Ignoring sunk costs can lead to poor decision-making, as professionals may prioritize short-term gains over long-term sustainability.

Who should enrol in MBA with Professional Certificate in Reducing Sunk Costs?

Ideal Audience for MBA with Professional Certificate in Reducing Sunk Costs Professionals seeking to enhance their business acumen and decision-making skills, particularly those in the UK, where 71% of businesses report investing in employee training and development (Source: CIPD).
Key Characteristics: Business leaders, managers, and professionals with 2-10 years of experience, holding a bachelor's degree in a relevant field, and seeking to upskill in areas such as finance, marketing, and operations.
Industry Focus: Finance, banking, consulting, marketing, and management, with a growing demand for professionals who can effectively manage sunk costs and make data-driven decisions.
Location: The UK, with a high concentration of business schools and training institutions, offering flexible online and part-time programs.