MBA with Professional Certificate in Vendor Auditing

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MBA with Professional Certificate in Vendor Auditing

Overview

Vendor Auditing

is a critical function in ensuring the integrity of business operations. Vendor Auditing plays a vital role in identifying and mitigating risks associated with third-party vendors. This MBA with Professional Certificate in Vendor Auditing program is designed for professionals who want to develop the skills and knowledge required to excel in this field.

Through this program, learners will gain a deep understanding of vendor auditing principles, risk management, and compliance. They will also develop skills in data analysis, communication, and negotiation.

Our program is ideal for auditors, compliance officers, and risk managers who want to advance their careers or transition into vendor auditing roles.

By completing this program, learners will be equipped to conduct effective vendor audits, identify and mitigate risks, and ensure compliance with regulatory requirements.

Take the first step towards a rewarding career in vendor auditing. Explore our program today and discover how you can make a meaningful impact in the business world.

Vendor Auditing is a specialized field that requires expertise in financial analysis, risk management, and compliance. Our MBA with Professional Certificate in Vendor Auditing program equips you with the necessary skills to excel in this role. You'll gain in-depth knowledge of auditing standards, financial statement analysis, and risk management techniques. With this program, you'll enjoy career prospects in top-tier auditing firms, consulting companies, and in-house audit departments. Unique features of the program include a focus on industry-specific auditing, a comprehensive case study project, and a mentorship program. Upon completion, you'll be certified in vendor auditing and ready to launch your career. (10)

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


• Vendor Auditing Principles and Frameworks

• Risk Management in Vendor Audits

• Audit Planning and Scheduling for Vendors

• Vendor Compliance and Regulatory Issues

• Internal Controls and Compliance Monitoring

• Audit Evidence and Documentation

• Vendor Auditing Tools and Technology

• Communication and Reporting in Vendor Audits

• Continuous Improvement and Vendor Auditing

• Advanced Vendor Auditing Techniques and Strategies

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 Vendor Auditing

The MBA with Professional Certificate in Vendor Auditing is a specialized program designed to equip students with the necessary skills and knowledge to effectively audit and manage vendor relationships in a business setting.
This program is ideal for professionals looking to enhance their expertise in vendor auditing, procurement, and supply chain management.
By completing this program, students can expect to gain a comprehensive understanding of vendor auditing principles, practices, and standards, as well as the ability to identify and mitigate risks associated with vendor relationships.
The learning outcomes of this program include the ability to conduct thorough vendor audits, analyze financial data, and develop effective audit reports.
The duration of this program is typically 12-18 months, depending on the institution and the student's prior experience and education.
The program is designed to be flexible, with online and on-campus options available to accommodate different learning styles and schedules.
Industry relevance is a key aspect of this program, as it is designed to prepare students for in-demand roles in procurement, supply chain management, and vendor auditing.
The skills and knowledge gained through this program are highly valued by employers in a variety of industries, including finance, healthcare, and technology.
By completing the MBA with Professional Certificate in Vendor Auditing, students can expect to increase their earning potential, advance their careers, and make a meaningful contribution to their organizations.
The program is also designed to be career-advancing, with a focus on developing the skills and knowledge necessary to succeed in senior roles such as audit manager, procurement manager, or supply chain manager.
Overall, the MBA with Professional Certificate in Vendor Auditing is a valuable investment for professionals looking to enhance their expertise in vendor auditing and procurement.

Why this course?

Vendor Auditing is a crucial aspect of business operations, particularly in the UK, where companies are required to adhere to various regulations and standards. According to a survey by the Institute of Chartered Accountants in England and Wales (ICAEW), 71% of UK businesses have experienced a vendor-related issue in the past year (Source: ICAEW, 2022). This highlights the need for professionals to possess the necessary skills and knowledge to effectively audit vendors and ensure compliance. A Professional Certificate in Vendor Auditing can provide learners with the expertise required to navigate the complexities of vendor management, including contract negotiation, risk assessment, and compliance monitoring. This certification can be particularly valuable in today's market, where companies are under increasing pressure to optimize their supply chains and reduce costs.
Statistic Value
Number of UK businesses experiencing vendor-related issues 71%
Average cost of vendor-related issues for UK businesses £10,000

Who should enrol in MBA with Professional Certificate in Vendor Auditing?

Ideal Audience for MBA with Professional Certificate in Vendor Auditing Professionals seeking to enhance their procurement and supply chain management skills, particularly in the UK, where the average salary for a procurement manager is £43,000 (Source: Chartered Institute of Purchasing and Supply)
Key Characteristics: Typically hold a bachelor's degree in a relevant field, have 2-5 years of experience in procurement or a related field, and are looking to transition into a senior procurement role or start their own business
Industry Focus: Manufacturing, construction, and public sectors, where the UK's National Audit Office estimates that procurement and supply chain management issues cost the public sector £1.4 billion annually
Career Outcomes: Senior procurement manager, supply chain manager, or business development manager, with a potential salary increase of up to 20% and a 10-15% increase in job satisfaction