Get updates on Eligibility, Admission, Placements Fees Structure
Quick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery |
|---|---|---|
| English | Self Study | Video and Text Based |
Course Overview
MBA prepares people to perceive the business world in new ways, although financial competence and business skills are important but insufficient to impact the organisation's management. These fundamental talents must be combined with good leadership tactics and an awareness of the strategic landscape to be genuinely effective. The MBA Essentials online course is intended to assist students in mastering financial intricacies, understanding the strategic environment, and driving company success through influencing customers and employees.
According to a QS Top MBA report, Strategic thinking is rated 97 out of 100 by employers as an important MBA-taught talent. The MBA Essentials Training by the London School of Economics provides students with an important MBA toolbox as they navigate the modern business world under the supervision of eminent LSE instructors.
According to a Deloitte report, 60% of CEOs think that good leadership behavior is important to attaining business readiness in the future. The MBA Essentials syllabus equips candidates with both soft and hard business abilities, allowing them to achieve a competitive edge and lead with impact.
The Highlights
- Online learning
- Projects and assessments
- Course provider Getsmarter
- London School of Economics offering
- Self-paced learning
- Split option of payment
- Shareable certificate
- 10 weeks duration
- 8-12 hours per week
- Downloadable resources
Programme Offerings
- Self-paced learning
- Infographics
- Live polls
- online learning
- quizzes
- Case Studies
- Offline resources
- Video lectures.
Courses and Certificate Fees
| Certificate Availability | Certificate Providing Authority |
|---|---|
| yes | LSE |
MBA Essentials Fees Structure
Fee type | Fee amount in INR |
MBA Essentials fees | Rs. 190,454 |
Installment Plan
| 1st installment | Required before: 2025-01-21 | Amount Due: ₹63,485.00 INR |
| 2nd installment | Required before: 2025-02-20 | Amount Due: ₹63,485.00 INR |
| 3rd installment | Required before: 2025-03-22 | Amount Due: ₹63,484.00 INR |
Eligibility Criteria
Certification Qualifying Details
To qualify for the MBA Essentials certification, Applicants must complete all of the online modules of training and finish all assignments and project works. Students have to take part in academic tasks such as quizzes, live polls, questionnaires, surveys, and so on. Students' progress is evaluated through a sequence of practicals, assignments, and class activities. To qualify for the accreditation, all of the prerequisites listed in the MBA Essentials coursebook must be met.
What you will learn
After completing the MBA Essential course for beginners from the LSE, Candidates will get a better knowledge of the three fundamental elements of business - financial toolset, strategic environment, and the human factor, and learn how to utilize them to improve the competitive advantage of their organisation. Candidates will learn technical, financial management, and business skills that will help them comprehend, analyze, and optimize corporate operations. Learners will get insights about human behaviour and persuasion that they can utilize to increase their impact both externally and internally. Learners will also gain increased management skills and confidence in their journey of strategic, impactful leadership.
Who it is for
- Anyone in a leadership or managerial position, human resource managers, as well as professionals and experts seeking to advance or change in their careers, can join the course.
- Entrepreneurs or anyone who works for a company owns a company, or wants to start one can enrol in this MBA Essentials course.
Admission Details
To enrol in the MBA Essentials program offered by the London School of Economics via Getsmarter, follow the steps mentioned below:
- Visit the official course page of MBA Essentials
- Click the ‘Register Now’ button to start the enrolment
- Read the T&C carefully and accept to further continue
- Make an account on the website of Getsmarter by filling in personal information
- Fill in the fee sponsor details if applicable and provide the billing address
- Pay the training fee and start learning on Getsmarter.
The Syllabus
- Discuss the significance of lateral and upward influence compared to downward influence
- Apply the three categories of influence tactics, and the possible outcomes of an influence attempt, to a given situation
- Choose the most appropriate influence tactic to produce a desired outcome
- Apply the principles of persuasion to a given situation
- Distinguish between the bases of informal power, and recognise how non-verbal behaviour can increase informal power
- Select the most appropriate channel of communication to use in the workplace, given a set of circumstances
- Decide which influence techniques to use in a workplace situation of your choice, and justify your decision
- Define economics and managerial economics
- Identify the factors that influence the shape and movements of an industry demand curve
- Identify the different types of firm costs
- Discuss the impact of marginal cost and marginal revenue on profit maximisation
- Discuss the factors that influence the shape and movements of an industry supply curve
- Illustrate how changes in the demand or supply of a product will influence the market clearing price of the product
- Investigate strategies managers can use to determine the shape of their company’s demand curve
- Evaluate the effect of government intervention on suppliers and consumers in a competitive market
- Identify the measures that can be used to determine a company’s performance
- Interpret a company’s strategy in relation to its business objectives
- Interpret the concepts of value creation and value capture
- Articulate the complexities involved in defining an industry
- Evaluate the sources of value creation and value capture as means to gain competitive advantage
- Predict possible threats to a firm’s ability to capture value, and how incumbent firms might react to these threats
- Define the value chain
- Articulate the concepts of vertical integration and contract incompleteness
- Apply the arguments made for and against vertical integration to a real-world decision
- Recognise the concepts of economies of scope and horizontal expansion
- Apply the arguments made for and against horizontal expansion to a real-world decision
- Evaluate the appropriateness of a company’s decision to diversify
- Recognise the difference between financial accounting and management accounting
- Identify the users of financial information and their particular needs
- Identify the different types of businesses and their accounting considerations
- Discuss the relevance of accounting conventions when preparing accounts
- Complete an income statement and statement of financial position based on information provided
- Apply your knowledge of the statement of cash flows to practical examples
- Calculate basic financial statement ratios
- Calculate break-even point, contribution margin, target profit and margin of safety
- Apply the principle of marginal costing to a business situation
- Articulate the challenges faced by a business during the budgeting process
- Articulate the use of different costing methods to improve a business’s performance
- Calculate the rates of return of different investment opportunities
- Select the best investment opportunity to pursue based on capital budgeting calculations
- Recognise the importance of financial reporting, the regulatory framework, and standard setting
- Discuss the qualitative characteristics of financial statements
- Apply your knowledge of annual financial reports to a real-life example
- Calculate and interpret advanced financial ratios
- Identify the limitations of ratio analysis
- Explain the impact of management pressure on the accuracy of financial statements
- Analyse the financial statements of a business, determining its financial performance
- Recommend ways in which companies and shareholders can mitigate the risk of fraud and misrepresentation in financial statements
- Recognise the difference between a heuristic and a bias
- Identify the three fundamental heuristics and biases, and situations in which these may occur
- Discuss the main biases that occur when making judgements about people, or financial judgements
- Identify the techniques used to de-bias
- Apply the most appropriate de-biasing technique to a given bias
- Apply your knowledge of heuristics and biases in a novel context of your choice
- Define the concept of nudging
- Recall the six nudging techniques
- Discuss the ethical implications of nudging
- Describe real-world instances where nudging is prevalent
- Identify the choice architecture evident during your own purchases, and the influence it has on your decisions
- Show how, if you were a supplier, you would design and display your products to make the consumer’s choice easier
- Justify why the design and display of products in a particular way may lead to an increase in sales
- Recall the general characteristics of culture
- Identify the relationship between culture and leadership
- Articulate the underlying complexities and multi-layered nature of culture
- Illustrate the characteristics, advantages and disadvantages of a strong organisational culture and subcultures
- Identify the phases of cultural change in an organisation
- Analyse how and when to use the levers required for cultural change in an organisation
- Recommend a course of action to initiate cultural change, and justify your recommendations
Instructors
LSE Frequently Asked Questions (FAQ's)
The MBA Essentials course provides learners with the comprehensive business abilities they need to flourish in any company environment.
One should do an MBA essentials certification course before a full MBA.
No, The LSE MBA Essentials doesn’t require GMAT, anyone can join the course.
The duration of MBA Essentials by LSE is 8-12 hours/week for 10 weeks.