MBA with Professional Certificate in Retail Budget Planning

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MBA with Professional Certificate in Retail Budget Planning

Overview

Retail Budget Planning

Learn to manage finances effectively in the retail industry with our MBA with Professional Certificate in Retail Budget Planning.


Develop essential skills to create and implement budgets, forecasts, and financial plans that drive business growth and profitability. This program is designed for retail professionals who want to enhance their financial management skills and take their careers to the next level.

Gain a deeper understanding of financial concepts, including financial analysis, budgeting, and forecasting, and learn how to apply them in a retail setting.


Enhance your career prospects with a recognized MBA qualification and a professional certificate in retail budget planning. Take the first step towards a successful career in retail finance and explore this program further to learn more about our course content and structure.

Retail Budget Planning is a comprehensive program that equips you with the skills to manage budgets effectively in the retail industry. This MBA with Professional Certificate program offers a unique blend of theoretical knowledge and practical experience, allowing you to develop a deep understanding of budget planning and its application in retail. With Retail Budget Planning as a core module, you'll learn to analyze financial data, create budgets, and make informed decisions to drive business growth. Upon completion, you'll be equipped with the skills to secure a senior role in retail finance or management, with career prospects in budget planning, financial analysis, and more. (6)

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


Financial Planning and Budgeting for Retailers •
Retail Budgeting and Cost Control •
Financial Analysis and Reporting for Retail Businesses •
Strategic Financial Management for Retail Organizations •
Retail Budgeting and Forecasting Techniques •
Financial Planning and Decision Making in Retail •
Retail Budgeting and Performance Measurement •
Financial Management for Retail Marketing and Sales •
Budgeting and Cost Control in Retail Operations •
Financial Planning and Risk Management in Retail

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 Retail Budget Planning

The MBA with Professional Certificate in Retail Budget Planning is a specialized program designed to equip students with the necessary skills to manage retail budgets effectively.
This program is ideal for individuals who want to pursue a career in retail management or those who already work in the industry and want to enhance their skills.
The learning outcomes of this program include understanding retail budgeting principles, developing budgeting skills, and learning how to analyze financial data to make informed business decisions.
The duration of the program is typically 12-18 months, depending on the institution and the student's prior experience.
The program is designed to be completed in a part-time or full-time format, allowing students to balance their studies with their work or other commitments.
The industry relevance of this program is high, as retail budgeting is a critical function in the retail industry.
Many retail companies require their managers to have a strong understanding of budgeting principles and financial analysis.
By completing this program, students can demonstrate their expertise in retail budget planning and increase their job prospects in the retail industry.
The program is also relevant to students who want to start their own retail businesses, as it provides them with the necessary skills to manage their finances effectively.
Overall, the MBA with Professional Certificate in Retail Budget Planning is a valuable program that can help students achieve their career goals in the retail industry.

Why this course?

The significance of an MBA with a Professional Certificate in Retail Budget Planning cannot be overstated in today's market. According to a recent survey by the Chartered Institute of Marketing (CIM), 75% of UK retailers believe that having a strong understanding of budget planning is essential for driving business growth (Source: CIM, 2022). This is reflected in the increasing demand for professionals with expertise in retail budget planning, with a projected growth rate of 10% by 2025 (Source: PwC, 2020).
Year Projected Growth Rate
2020 5%
2021 7%
2022 10%
2023 12%
2024 15%
2025 18%

Who should enrol in MBA with Professional Certificate in Retail Budget Planning?

Ideal Audience for MBA with Professional Certificate in Retail Budget Planning Retail professionals seeking to enhance their budget planning skills, particularly those in senior management positions, are the primary target audience for this program.
Key Characteristics: Typically, individuals with 5-10 years of experience in retail management, holding a bachelor's degree in a relevant field, and having a strong understanding of financial management principles are well-suited for this program.
Career Goals: Those aiming to move into senior roles, such as store directors or finance managers, or seeking to transition into a related field like supply chain management or business analysis, can benefit from the skills and knowledge acquired through this program.
UK-Specific Statistics: According to a report by the Chartered Institute of Management Accountants (CIMA), the average salary for a retail manager in the UK is around £35,000 per annum, with senior roles commanding salaries upwards of £60,000.