In this Strategic Management certification course, candidates are required to manage the development of strategic vision, setting out the aims and motives, formulating and executing strategies, and exposing correct measures and infusions for the variation to reach the company's strategic intent. Let’s discuss more about Strategic Management in detail.
Read more: Strategic management as a career
Strategic Management certification courses involve advanced lessons in psychology, sociology, and economics with the aim to develop an analytical approach in students which is an important factor of strategic issues management.
The course teaches about how managers must employ the formal and informal relationships that exist between various organizations in an industry, originate solutions for various problems encountered by an organization, and effectively formulate and implement an organization's key strategies, the results of which shape the structure and functioning of an organization.
Strategic management educates the eligible candidates in building relationships with companies, developing managerial and functional skills, offering the recruitments in corporate management and strategy along with offering a platform for teachers, students, and industry experts to exchange management and leadership concepts.
Types of Strategic Management certification course:
Strategic Management students are required to use their knowledge from other domains and fields including business administration, finance and marketing, risk management, negotiation, statistics, and human resource.
There are various universities and colleges for business and economics which offer strategic management as a specialization or a concentration track for a business management degree. And strategic management certification course has three types as mentioned below:
- EPGSM (Executive Post Graduate Certificate in Strategic Management)
- PCPSM (Professional Certificate Program in Strategic Management)
- CASMP (Certificate in Advanced Strategic Management Program)
EPGSM (Executive Post Graduate Certificate in Strategic Management)
This EPGSM study program comes up with the concept of offering specialized learning in a particular business function. The motive of this EPGCSM course is to offer main skills that are needed to take actions and decisions regarding strategic planning, strategy implementation, competitive strategies, mergers and other forms of corporate expansion, corporate governance, competitive intelligence in corporate and non-corporate communities, manufacturing & service enterprises, private & public units, business ventures, and public systems.
PCPSM (Professional Certificate Program in Strategic Management)
The corporates involve an investment principle that makes strategizing an important facet for running successful inside operations and to get true returns on the invested money. The ability to achieve growth and success majorly depends on the ability of its senior management and leaders to formulate effective strategies and productively execute them. Their involvement in one or the other phase of the Strategic Management process makes it imperative for them to develop strategic skills and lead the organization onto the success path.
This course will provide candidates to contribute to business success and share it through your own professional progress. This study program is to help the candidates develop their competence in the Strategic Management process which consists of strategic planning, strategic thinking, strategy execution, and strategy applications.
CASMP (Certificate in Advanced Strategic Management Program)
This Certificate course in Strategic Management Program is made for working professionals who are experienced and wish to enhance their strategic planning skills and build their functional expertise further for a senior leadership role in their workplace. This study program exposes best practices on proven frameworks and in business strategy, decision-making, leadership, and future business models to make high-output strategic thinking.
Its’ learning process opens up every facet of strategy in great detail from its economic & growth aspects, formation to its implementation, functional classifications, leadership, and innovation to develop a strategic mindset.
The tabulation below is the list of colleges that provide strategic management certification courses with the course duration and fees:
| Name of College | Course Name | Duration | Total Fees |
|---|---|---|---|
| IIM Kozhikode | EPGCSM | 1 year | INR 2,50,000 + GST |
| IIM Kashipur | EPGCSM | 4 months | INR 60,000 + GST |
| IIM Kozhikode | PCPSM | 5 months | INR 80,000 + GST |
| IIM Kozhikode | CASMP | 9 months | INR 2,20,000 + GST |
| IIM Tiruchirapalli | EPGCSM | 1 year | INR 2,10,000 |
| IIM Ahmedabad | CASMP | 3 months | INR 1,25,000 |
Online Strategic Management certification course:
There are also online platforms like Coursera, edX, Udemy, etc. that are providing strategic management certification courses through online mode. Mentioned below are the online platforms with the courses:
| Course Name | Provider | Duration | Fees |
|---|---|---|---|
| Strategic Management | Udemy | 1 hour | INR 475 |
| Strategic Management | Coursera | 11 hours | Free |
| Strategic Management | edX | 5 months | INR 39,685 |
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