Benefits of studying Postgraduate Certificate in Procurement and Contract Management
Postgraduate Certificate in Procurement and Contract Management is a highly sought-after qualification in today's market, particularly in the UK. According to the Chartered Institute of Procurement and Supply (CIPS), the demand for procurement professionals is expected to increase by 10% by 2025, with the average salary ranging from £40,000 to £70,000 per annum.
| Year |
Growth Rate |
| 2020 |
5% |
| 2021 |
7% |
| 2022 |
9% |
| 2023 |
10% |
Learn key facts about Postgraduate Certificate in Procurement and Contract Management
The Postgraduate Certificate in Procurement and Contract Management is a specialized program designed for professionals seeking to enhance their skills in procurement and contract management.
This program is ideal for those working in industries such as construction, engineering, and public sector, where procurement and contract management play a crucial role in ensuring successful project delivery.
The learning outcomes of this program include developing knowledge and skills in procurement strategies, contract management, and supply chain management, as well as understanding the legal and regulatory frameworks governing procurement and contract management.
The duration of the program is typically one year full-time or two years part-time, allowing students to balance their studies with their professional commitments.
The program is designed to be industry-relevant, with a focus on practical skills and knowledge that can be applied in real-world settings.
Industry professionals can expect to gain expertise in areas such as contract negotiation, risk management, and procurement planning, as well as an understanding of the latest trends and best practices in procurement and contract management.
Upon completion of the program, graduates can expect to be equipped with the skills and knowledge necessary to take on senior procurement and contract management roles, or to pursue further academic studies in related fields.
The Postgraduate Certificate in Procurement and Contract Management is a valuable investment for professionals looking to advance their careers in procurement and contract management, and is recognized by employers and industry associations across the globe.
Who is Postgraduate Certificate in Procurement and Contract Management for?
| Ideal Audience for Postgraduate Certificate in Procurement and Contract Management |
This course is designed for ambitious professionals seeking to enhance their skills in procurement and contract management, particularly those working in the UK's public sector, where the average salary for a procurement manager is £43,000 (Source: Institute of Procurement and Supply). |
| Career Stage |
The ideal candidate is likely to be a mid-career professional with 5-10 years of experience in procurement or a related field, having progressed from an entry-level role to a senior position. |
| Industry |
The course is particularly relevant to those working in the UK's public sector, including local authorities, central government, and non-departmental public bodies, as well as private sector organizations with a strong presence in the UK. |
| Skills and Knowledge |
The ideal candidate will possess a strong understanding of procurement principles, contract management, and supply chain management, as well as excellent communication and leadership skills. |
| Career Outcomes |
Upon completion of the course, graduates can expect to take on senior procurement and contract management roles, with average salary increases of up to 20% and opportunities for career advancement within the public or private sector. |