MBA with Professional Certificate in Strategic Buying

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MBA with Professional Certificate in Strategic Buying

Overview

Strategic Buying

is a specialized field that focuses on optimizing procurement processes to drive business growth and profitability. This MBA with Professional Certificate in Strategic Buying is designed for procurement professionals and business leaders who want to develop expertise in sourcing, supplier management, and category management.

Through this program, learners will gain a deep understanding of the strategic buying process, including market analysis, supplier evaluation, and contract negotiation. They will also learn how to develop and implement effective procurement strategies that align with business objectives.

By the end of the program, learners will be able to analyze complex procurement problems, develop creative solutions, and implement effective procurement plans that drive business results.

Whether you're looking to advance your career or start a new one, this MBA with Professional Certificate in Strategic Buying is the perfect way to develop the skills and knowledge you need to succeed in this field.

Strategic Buying is a game-changer for professionals seeking to elevate their procurement skills. This MBA with Professional Certificate in Strategic Buying offers a unique blend of theoretical knowledge and practical expertise, empowering you to drive business growth and profitability. With a focus on strategic buying, you'll learn to analyze market trends, negotiate with suppliers, and optimize procurement processes. Career prospects are vast, with opportunities in industries such as finance, retail, and manufacturing. The course also offers a strategic buying certification, recognized globally for its excellence. Develop your skills and advance your career with this strategic buying program. (7)

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


• Strategic Buying Fundamentals •
• Supply Chain Management •
• Procurement Strategies •
• Sourcing and Supplier Development •
• Negotiation and Contract Management •
• Purchasing Analytics and Metrics •
• Category Management •
• Global Sourcing and International Procurement •
• E-Sourcing and Digital Procurement

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 Strategic Buying

The MBA with Professional Certificate in Strategic Buying is a specialized program designed to equip students with the knowledge and skills required to excel in strategic buying roles.
This program is ideal for individuals who want to enhance their understanding of procurement and supply chain management, and develop a strategic approach to buying.
Upon completion of the program, students can expect to gain a range of learning outcomes, including an understanding of strategic buying principles, procurement strategies, and supply chain management techniques.
They will also develop skills in areas such as negotiation, contract management, and supplier relationship management, which are essential for success in strategic buying roles.
The program is typically designed to be completed over a period of 12-18 months, although this can vary depending on the institution and the student's prior experience and qualifications.
The MBA with Professional Certificate in Strategic Buying is highly relevant to the business world, particularly in industries such as manufacturing, retail, and services.
Many organizations recognize the importance of strategic buying in driving business success, and are looking for professionals who can develop and implement effective procurement strategies.
As a result, graduates of this program can expect to find employment opportunities in a range of industries, including procurement, supply chain management, and business development.
The program is also designed to be flexible, with many institutions offering online or part-time options to accommodate the needs of working professionals.
Overall, the MBA with Professional Certificate in Strategic Buying is a valuable investment for individuals who want to launch or advance a career in strategic buying.

Why this course?

Strategic Buying is a crucial aspect of business management, particularly in today's market where companies need to optimize their procurement processes to stay competitive. 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 GDP Growth Rate
2015 2.2%
2016 2.3%
2017 2.5%
2018 2.6%
2019 2.4%
2020 -9.1%

Who should enrol in MBA with Professional Certificate in Strategic Buying?

Ideal Audience for MBA with Professional Certificate in Strategic Buying Professionals seeking to enhance their procurement skills and knowledge in the UK, with a focus on those working in industries such as manufacturing, construction, and public sector.
Key Characteristics: Typically hold a bachelor's degree in a relevant field, with 2-5 years of experience in procurement or a related function, and a strong desire to develop strategic buying skills to drive business growth and profitability.
Industry Focus: Manufacturing, construction, public sector, and other industries where procurement plays a critical role in driving business success, with a growing demand for professionals with strategic buying skills in the UK.
Career Outcomes: Upon completion of the programme, graduates can expect to secure senior procurement roles, such as category manager or purchasing manager, with average salaries ranging from £40,000 to £70,000 per annum in the UK.