Module 1: Introduction to Costing
Module 2: Introduction to Pricing
Module 3: Costing and Pricing Procedures
Module 4: Price-Reaction Programme
Module 5: Break-Even Point Formula
Module 6: Strategies of Pricing
Module 7: Absorption Costing
The Costing and Pricing Training Course is tailored for professionals who are involved in financial decision-making, product pricing, cost analysis, and ensuring overall business profitability. This course can benefit a wide range of professionals, including:
There are no formal prerequisites for this Costing and Pricing Training Course.
Costing and Pricing are fundamental aspects of financial projection and programme management. These processes are intricately connected, with price analysis focusing on vendor unit prices, while cost analysis encompasses the cost of delivering the item to the vendor, ultimately defining the suitability of the quoted price. Understanding these concepts is pivotal for professionals seeking to make informed financial decisions.
Proficiency in costing and pricing is essential for a wide range of professionals, including Project Managers, Financial Analysts, Procurement Specialists, and Business Leaders. It enables them to make strategic decisions, set competitive prices, and assess the feasibility of project costs. This knowledge is particularly valuable for individuals responsible for budgeting and financial planning within their organisations.
The Knowledge Academy's 1-day Costing and Pricing Training provides delegates with a comprehensive understanding of the various aspects of costing and pricing in business. Delegates will gain insights into different costing and pricing strategies, including setting price policies and utilising essential formulas like the Break-Even Point Formula and Absorption Costing.
Course Objectives
Upon completing this course, delegates will be well-equipped to make informed financial decisions, set competitive prices, and assess the feasibility of project costs. They will have a solid understanding of costing and pricing strategies, which will empower them to excel in their roles and contribute to effective financial planning and budget management within their organisations.
Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Costing and Pricing Training Course. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.
Live classes
Join a scheduled class with a live instructor and other delegates.
Interactive
Engage in activities, and communicate with your trainer and peers.
Global Pool of the Best Trainers
We handpick from a global pool of expert trainers for our Online Instructor-led courses.
Expertise
With 10+ years of quality, instructor-led training, we equip professionals with lasting skills for success.
Global Reach
With classes running in all timezones, access any of our courses and course material from anywhere, anytime.
Master Costing and Pricing Training with a flexible yet structured approach that combines live, expert-led sessions and self-paced study. With weekly one-to-one tutor support and consistently high pass rates, you’ll receive tailored guidance and achieve real results.
Structured Yet Flexible Learning
Take part in scheduled, instructor-led sessions with real-time feedback, while enjoying the freedom to study independently. Interactive resources and progress tracking tools help you stay motivated and on target.
Engaging & Interactive Training
Join dynamic live sessions featuring discussions, practical activities, and peer collaboration. Learn from Costing and Pricing Training industry experts and reinforce your knowledge with self-paced modules—plus, connect with professionals in your field.
Expert-Led Course
Gain valuable insight from experienced trainers during live sessions, and revisit course materials anytime to deepen your understanding. This method offers the ideal balance between expert guidance and independent learning.
Global Training Accessibility
Access top-quality training across time zones—anytime, anywhere. Whether at home or on the go, our expert-led sessions and flexible study materials support your goals, and help you on the journey towards the certification.
Experience the most sought-after learning style with The Knowledge Academy's Costing and Pricing Training Course. Available in 490+ locations across 190+ countries, our hand-picked Classroom venues offer an invaluable human touch. Immerse yourself in a comprehensive, interactive experience with our expert-led CIPD Level 3 Foundation Certificate in People Practice Course sessions.
Highly experienced trainers
Boost your skills with our expert trainers, boasting 10+ years of real-world experience, ensuring an engaging and informative training experience
State of the art training venues
We only use the highest standard of learning facilities to make sure your experience is as comfortable and distraction-free as possible
Small class sizes
Our Classroom courses with limited class sizes foster discussions and provide a personalised, interactive learning environment
Great value for money
Achieve certification without breaking the bank. Find a lower price elsewhere? We'll match it to guarantee you the best value
Streamline large-scale training requirements with The Knowledge Academy’s In-house/Onsite Costing and Pricing Training Course at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.
Tailored learning experience
Leverage benefits offered from a certification that fits your unique business or project needs
Maximise your training budget
Cut unnecessary costs and focus your entire budget on what really matters, the training.
Team building opportunity
Our Costing and Pricing Training Course offers a unique chance for your team to bond and engage in discussions, enriching the learning experience beyond traditional classroom settings
Monitor employees progress
The course know-how will help you track and evaluate your employees' progression and performance with relative ease
To help and support our clients we are providing a limited number of 250 daily discount codes. Hurry, first come, first served!
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Our training experts have compiled a range of course packages on a variety of categories in Costing and Pricing Training, to boost your career. The packages consist of the best possible qualifications with Costing and Pricing Training, and allows you to purchase multiple courses at a discounted rate.
Costing and Pricing involves calculating the cost of producing goods or services and determining optimal pricing strategies to ensure profitability. It is a crucial aspect of financial management, guiding how businesses set prices, manage production costs, and remain competitive in the market.
This training course equips delegates with the skills to develop accurate cost analyses and implement effective pricing strategies. It helps professionals make informed financial decisions, improve profit margins, and ensure competitive pricing in their industry, ultimately leading to sustainable business growth.
While there are no formal prerequisites, a background in business, finance, or accounting is recommended to maximise understanding. Additionally, basic knowledge of financial terms and concepts will enhance the learning experience.
This course is designed for Finance Professionals, Business Managers, Accountants, Entrepreneurs, and those responsible for setting prices or managing budgets. It is also suitable for anyone interested in understanding cost control and pricing strategies.
Yes, 24/7 support is provided to assist participants with any questions or technical issues they may encounter during the course. This ensures a smooth learning process and helps learners stay on track.
This course comes with a 1-day training session from experienced trainers, a digital delegate pack, and a certificate upon completion of the course.
The duration of this Costing and Pricing Certification Training Course spans 1 day.
Course confirmation details are provided within 24 to 48 hours of registration.
Participants will learn how to analyse costs, develop pricing strategies, understand market dynamics, optimise profit margins, and apply cost management techniques. The course also covers how to set competitive prices while considering internal costs and external market factors.
Yes, self-paced options are available, allowing participants to complete the course at their own pace. This flexibility is ideal for busy professionals or those who prefer learning at their own speed.
Yes, corporate training is offered for businesses seeking to enhance their teams’ skills in cost management and pricing strategies. The training can be tailored to the specific needs and goals of the organisation.
The benefits include learning how to develop effective pricing models, improving financial decision-making, optimising profitability, and gaining a competitive edge in the marketplace. Participants will also enhance their ability to manage costs and maximise returns.
The course is designed for both beginners and professionals with intermediate knowledge of finance. More advanced topics can be explored by those with prior experience in Costing and Pricing or business management.
Yes, a certificate of completion will be awarded to participants who successfully finish the course. This certification validates the skills and knowledge gained during the training and can be a valuable asset in professional development.
If you encounter access issues, you should contact The Knowledge Academy's customer support team. They will assist with technical difficulties or provide information on how to resolve access problems.
Yes, real-world case studies and practical examples are included to help participants apply the concepts learned to real business scenarios. This ensures that learners can directly implement the strategies in their own work environment.
Yes, the course may cover industry-specific strategies, allowing participants to focus on the unique challenges and opportunities in their respective industries. This ensures the training is relevant and applicable to various business contexts.
The Knowledge Academy in the United Kingdom stands out as a prestigious training provider known for its extensive course offerings, expert instructors, adaptable learning formats, and industry recognition. It's a dependable option for those seeking this Costing & Pricing Course.
The training fees for Costing and Pricing Trainingin the United Kingdom starts from £995
The Knowledge Academy is the Leading global training provider for Costing and Pricing Training.
Please see our Management Courses courses available in the United Kingdom
You won't find better value in the marketplace. If you do find a lower price, we will beat it.
Flexible delivery methods are available depending on your learning style.
Resources are included for a comprehensive learning experience.
"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"
Joshua Davies, Thames Water
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