MBA with Professional Certificate in Risk Management in Procurement

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MBA with Professional Certificate in Risk Management in Procurement

Overview

Procurement Risk Management


Learn to mitigate risks and ensure compliance in your procurement operations with our MBA with Professional Certificate in Risk Management in Procurement.


This program is designed for procurement professionals and business leaders who want to develop the skills to identify, assess, and manage risks in procurement.


Through a combination of coursework and practical exercises, you'll learn how to:


Identify and assess procurement risks, and develop strategies to mitigate them.


Develop a risk management framework that aligns with your organization's goals and objectives.


Implement effective risk management practices in your procurement operations.


By the end of this program, you'll have the knowledge and skills to:


Enhance your organization's risk management capabilities and reduce the risk of procurement-related losses.


Improve your procurement operations and increase efficiency and effectiveness.


Take the first step towards becoming a risk management expert in procurement. Explore our MBA with Professional Certificate in Risk Management in Procurement program today and start mitigating risks in your organization.

Risk Management in Procurement is a comprehensive program that equips you with the skills to navigate the complexities of procurement and mitigate potential risks. This MBA with Professional Certificate in Risk Management in Procurement program offers a unique blend of theoretical knowledge and practical experience, allowing you to develop a deep understanding of risk assessment, mitigation, and management strategies. With Risk Management in Procurement at its core, this program also covers essential topics such as supply chain management, contract negotiation, and procurement analytics. Upon completion, you'll be well-positioned for a career in procurement, with opportunities in industries such as finance, logistics, and consulting. (5)

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 Risk Management Framework •
Supply Chain Risk Assessment and Mitigation •
Procurement Contract Management and Negotiation •
Risk-Based Sourcing and Procurement Strategies •
Supply Chain Resilience and Risk Governance •
Procurement Compliance and Regulatory Framework •
Risk Management in Procurement: Best Practices •
Supply Chain Risk Analytics and Modeling •
Procurement Risk Management in Global Sourcing •
Risk Mitigation in Procurement: Case Studies and Examples

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 Risk Management in Procurement

The MBA with Professional Certificate in Risk Management in Procurement is a specialized program designed to equip students with the knowledge and skills necessary to manage risks in procurement effectively.
This program is ideal for professionals working in procurement, supply chain management, or related fields who want to enhance their risk management skills and stay ahead in the industry.
The learning outcomes of this program include understanding risk management principles, identifying and assessing risks, developing risk mitigation strategies, and implementing risk management plans.
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 flexible, with online and on-campus options available, making it accessible to working professionals and those with other commitments.
The industry relevance of this program is high, as risk management in procurement is a critical aspect of many organizations' operations.
Companies are increasingly recognizing the importance of risk management in procurement, and professionals with this skillset are in high demand.
The program is also relevant to the growing trend of digital transformation in procurement, where risk management plays a critical role in ensuring the security and integrity of digital supply chains.
Overall, the MBA with Professional Certificate in Risk Management in Procurement is a valuable program for professionals looking to enhance their risk management skills and advance their careers in procurement and related fields.

Why this course?

Risk Management in Procurement: A Crucial MBA Specialization In today's market, procurement professionals must navigate complex supply chains, manage risks, and ensure compliance with regulations. The Master of Business Administration (MBA) with a Professional Certificate in Risk Management in Procurement has become increasingly relevant, particularly in the UK. According to a survey by the Chartered Institute of Procurement and Supply (CIPS), 75% of procurement professionals in the UK reported that risk management is a top priority for their organizations.
Risk Type Frequency Impact
Supply Chain Disruptions 60% High
Non-Compliance 40% Medium
Cybersecurity Threats 30% Low

Who should enrol in MBA with Professional Certificate in Risk Management in Procurement?

Ideal Audience for MBA with Professional Certificate in Risk Management in Procurement Professionals seeking to enhance their procurement skills and mitigate risks in the UK's £2.5 trillion procurement market, where 70% of businesses experience procurement-related disruptions.
Key Characteristics: Procurement professionals with 2-5 years of experience, holding a bachelor's degree in a relevant field, and seeking to upskill in risk management, with 60% of UK businesses reporting an increase in procurement-related risks.
Career Goals: To secure senior procurement roles, such as Category Manager or Procurement Manager, with a salary increase of up to 20%, and to contribute to the development of risk management strategies in the UK's public and private sectors.
Learning Outcomes: To gain a comprehensive understanding of risk management principles, procurement strategies, and best practices, enabling professionals to mitigate risks, optimize procurement processes, and drive business growth in the UK's dynamic market.