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Quick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery |
|---|---|---|
| English |
Course Overview
Pricing for profit is an full time course which candidates eager to learn the skill of Pricing will find rewarding. Every management firm seeks top managers who can set the right price levels for their products and services as per the structure of the company objectives. This course equips you with adequate skills and knowledge required to stand among the crowd.
Industries like hotels, airlines, energy, cruise, liners, automobiles, service providers, and a multitude of workforce require the skills of apt Pricing. This course will enable fresh graduates to develop and implement a systematic framework for assessing, formulating, and posing a proactive approach to Pricing.
The 1 month course will have 10 days class sessions covering everything from costing to consumer behavior to systematic framework and dynamic pricing. The participants will get a course completion certificate from IIMA.
The Highlights
- Implementing pricing approaches
- Detailed understanding of pricing approaches
- 1 month 10 days class session
- Certificate from IIM, Ahmedabad
Programme Offerings
- Two part pricing
- value based pricing
- price framing
- bundling
- top-level instructors
- price wars
- online pricing
- management system
Courses and Certificate Fees
| Certificate Availability | Certificate Providing Authority |
|---|---|
| yes | IIM Ahmedabad (IIMA) |
The Pricing for profit Online certification course programme fee is INR 150000/-, the payment of which can be made through various available online options.
One can avail any of the following ways to make the payment
- Paytm
- Paypal
- Master Card
- Visa Credit/Debit Card
| Head | Amount |
| Programme fees | Rs. 150000 |
| Early Bird Fee | Rs. 139500 |
Eligibility Criteria
Work experience
IIM Ahmedabad has not set as such a specific eligibility criterion for applying to Pricing for Profit course. Any candidates having professional experience at the managerial post in corporate or public firms are eligible to opt for this certificate course in due time.
Education
Only the basic necessary qualification of 10+2 and a college degree is a must. If candidates are already from the commerce, accounts, economic backgrounds, then it works as an added benefit on the part of the candidates.
What you will learn
- After completion of the Pricing for Profit Programme, the candidate will have knowledge of Two-Part Pricing, Dynamic Pricing, Pricing on a platform and Pricing, EDLP and promotions, Price framing, signalling and price wars, Bundling, Pricing in the organized retail context, Value-based Pricing, Salesforce, and Pricing, Determining value and price response models, How customers view and react to prices, Neurophysical insights into Pricing, costing, breakeven analysis and responding to high volatility in costs, as well as different approaches to Pricing.
- This certificate course is crafted in the manner that candidates taking up the course will be equipped with a skill that would aid them in Understanding consumer behaviour. Understanding purchasing and consumer behaviour is a key challenge to marketers and, if mastered, can help marketers forecast and recognize consumers' purchase behaviour.
- Equipped with the newly acquired deep insight on the purchase, use, and disposal of goods and services, you will be more adept at understanding the consumer responses in this Pricing for Profit Certification Course. These responses are mainly emotional, mental, and behavioural.
- As per the programme of Pricing for Profit, a proactive approach would enable you to set the rules of the game on the market and gearing towards making most of each of the situations by taking into consideration how your rivals act, the area, the brand awareness, and the demand.
Who it is for
This Pricing for Profit Course is for anyone wishing to get more knowledge and more skilled with most things to do with Pricing. In our society, there is a price for all stuff we use and having a better understanding of how to set the right price in a time when a society's economic structure and the situation is as dynamic as ever. Candidates holding managerial positions or dealing with pricing tasks can apply for the course.
Admission Details
The payment is also to be paid online, for which candidates will be provided with an e-receipt. On registering on the website, candidates can download the e-brochure containing all the details of the Pricing for profit course. The necessary documents required for applying are -
- From an affiliated institution, 10+2 passing certificate.
- Graduate degree qualification certificate from an approved university or college
- Other degree qualification certificate, if any.
- Scanned copies of any Identity proof, all qualification certificates, and photo.
Application Details
To access the application form for the Pricing for profit course, candidates will need to first register for the course on the website and then enrol for the course directly by clicking on the Apply now option. The apply now option will open a new tab with the Application form. In the application, form candidates must first fill in their personal details (First Name, Last Name, Gender, DoB, Email, Age, Nationality, Contact details, working experience details, the reason for enrolling in the course, name of the organisation the candidate works at, Country, Residential Address).
In the second section of the form called the Professional profile, all candidates must provide their detailed educational qualifications (10+2 degree, college degree, working experience, if the candidates have had attended other programmes at IIMA then its necessary details, Other programmes attended elsewhere)
The third section is to be filled by the sponsor of the candidates. It must contain details pertaining to the sponsor (Name, Designation, Organization, GST number, PAN number, Office address, contact details, email id). There is the option of Self-sponsored if the candidates are applying for the course on their own accord. And the particulars then are to be filled accordingly.
In the last section, the candidates must mention the source name through which/who they have come to acquire the knowledge of the course Pricing for profit.
The Syllabus
Equal focus on each course topic is provided along with the study materials required by the students to have a thorough understanding of Pricing and the various approaches to Pricing.
Instructors
IIM Ahmedabad (IIMA) Frequently Asked Questions (FAQ's)
The Pricing for Profit Course by IIMA gives a perfect learning opportunity to managers and business leaders who want to understand and develop their skills in pricing.
This is a one month long course, wherein, 10 days of class sessions are held.
Yes, participants will get a certificate from IIMA after successful completion of the course.
The applicant needs to have 10+2 and a college degree to enroll in the course.
Work experience is a must to participate in this one-month course.