MBA with Professional Certificate in Vendor Management Finance

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MBA with Professional Certificate in Vendor Management Finance

Overview

Vendor Management Finance

is a specialized field that focuses on the financial aspects of managing vendors.

This MBA with Professional Certificate in Vendor Management Finance is designed for professionals who want to enhance their skills in financial management, procurement, and vendor relationship management.

The program is ideal for procurement managers, financial analysts, and business development managers who want to improve their financial acumen and contribute to the success of their organizations.

Through this program, learners will gain knowledge of financial management, procurement, and vendor relationship management, as well as develop skills in financial analysis, budgeting, and forecasting.

By completing this program, learners will be able to improve financial management and optimize vendor relationships, leading to increased efficiency and profitability for their organizations.

Explore this program further to learn more about how it can benefit your career and organization.

Vendor Management Finance is a specialized field that offers a unique blend of finance and procurement expertise. This MBA with Professional Certificate in Vendor Management Finance program equips you with the skills to optimize financial performance and drive business growth. By mastering Vendor Management Finance, you'll gain a competitive edge in the job market and enjoy career prospects in industries such as procurement, finance, and supply chain management. The program's unique features include a focus on financial analysis, contract negotiation, and risk management. With this certification, you'll be well-positioned to take on leadership roles and drive business success. (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


• Contract Management and Negotiation •
• Financial Analysis and Planning •
• Procurement Strategy and Policy •
• Vendor Relationship Management •
• Cost Control and Optimization •
• Performance Metrics and Evaluation •
• Supply Chain Finance and Risk Management •
• Payment Terms and Conditions •
• Financial Close and Compliance

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 Management Finance

The MBA with Professional Certificate in Vendor Management Finance is a specialized program designed to equip students with the necessary skills and knowledge to manage vendor relationships effectively, ensuring optimal financial performance and strategic partnerships. This program focuses on teaching students how to analyze financial data, negotiate contracts, and develop strategies to minimize costs and maximize returns, all while maintaining strong relationships with vendors and suppliers. Upon completion of the program, students can expect to gain a deep understanding of financial management principles, including financial analysis, budgeting, and forecasting, as well as vendor management best practices, such as contract management and supplier development. The duration of the program is typically 12-18 months, depending on the institution and the student's prior experience and education. This allows students to balance their studies with their professional responsibilities and gain the knowledge and skills needed to succeed in their roles. The industry relevance of the MBA with Professional Certificate in Vendor Management Finance is high, as companies are increasingly looking for professionals who can manage their vendor relationships effectively and drive cost savings and revenue growth. By combining the rigors of an MBA program with the specialized knowledge and skills of a professional certificate in vendor management finance, this program provides students with a unique combination of theoretical and practical knowledge that is highly valued by employers. This program is particularly relevant for professionals working in procurement, supply chain management, and finance, as well as entrepreneurs and small business owners who need to manage their vendor relationships effectively to drive growth and profitability. Overall, the MBA with Professional Certificate in Vendor Management Finance is a highly respected and sought-after program that can help students advance their careers and achieve their professional goals.

Why this course?

Vendor Management Finance is a specialized field that has gained significant importance in today's market, particularly in the UK. According to a survey by the Chartered Institute of Procurement and Supply (CIPS), the demand for procurement professionals with expertise in vendor management finance is expected to increase by 10% by 2025.
Year Growth Rate
2018 5%
2019 7%
2020 9%
2021 10%
2022 12%

Who should enrol in MBA with Professional Certificate in Vendor Management Finance?

Ideal Audience for MBA with Professional Certificate in Vendor Management Finance Are you a finance professional looking to enhance your skills in vendor management and procurement?
Professionals with 5+ years of experience in finance, procurement, or a related field In the UK, 1 in 5 procurement professionals hold an MBA or equivalent qualification, and 70% of companies believe that procurement skills are essential for business success.
Those interested in vendor management and procurement The UK's National Audit Office estimates that procurement spend exceeds £800 billion annually, and companies that invest in procurement skills see a 10% increase in revenue.
Individuals seeking to advance their careers A study by the Chartered Institute of Purchasing and Supply found that 75% of procurement professionals believe that an MBA or equivalent qualification is essential for career advancement.