What makes a successful business professional? A sound knowledge base, sharp analytical skills and staying in tune with the latest business trends. There are aspects like project management, supply chain management that requires a strategic planning. Understanding critical paths and the external factors that can have their fair share of impact is important. Business certifications come up as a verifiable measure of your skills. You can go for upgrades as you move up the ladder. They ensure that you have the latest skills and know what it takes to create the perfect business strategy.
While there are a number of business strategy certifications, the focus here is on the ones that are the best in skill enhancement. Here is the list of five certifications that focus on a particular or overall area of business planning and strategy.
Certified Associate in Project Management is a certificate from Project management Institute, who are around since 1969. They are designed for the professionals who are starting their march towards project management. The single exam has 150 questions and the fees is $225 for the members and $300 for non-members. The time you give the first exam you have 1,500 hours of project experience and 23 hours. The certification is valid for a period of 5 years and you need to retake the examination for a renewal.
Business Analysis is another part of strategy and Certified Business Analysis Professional from International School of Business Analysis is designed for managers who are into profession for 5 or more years. The requirements are 7,500 hours of business analysis experience over a past 10 year span. The exam comes with 120 multiple-choice questions format and the application fees is $ 125. The fees for IIBA members is $325 and $450 for non-members.
Associate Business Strategy Professional is aimed for professionals who are setting their foot in strategy. The minimum requirement for the certification is graduation or master degree/diploma in finance, business or economics. The fees is $ 450 for the exam, membership is not compulsory. A prior job experience is preferred but not mandatory as it is with associate level Strategy certifications most of the times.
Certified Supply Chain Professional by AIPCS focuses on supply chain management. The certification is inclusive of the strategic and technology, the entire loop from warehouse to the customer – complete supply chain ecosystem. The exam costs from the range of $695 to $915 and is dependent on the AIPCS membership status.
SAP and Business planning comes together in SAP Certified Application Associate – Business Planning and Consolidation. It is for professionals who use SAP in their planning and aligns the software skill to business planning. The single paper comes with eighty questions and costs $ 500 and requires no membership.
The certifications have online tests that are flexible. You can take them from any city in a time that is mutually decided. The certifications need an upgrade and keeps you updated with the latest relevant skills. They are designed from associate level to senior level management.