The case for placing students on the courses of study is compelling, as it provides an immediate ROI and enhanced VFM delivery for sponsoring organisations with fully embedded learning.
Clients sponsoring students on the IIAPS Belts programmes normally recoup all of the costs of the course of study, and much more, through improvements in real business value after sourcing strategy implementation. After completion of their studies, the students can also deliver an ongoing stream of future value improvement initiatives, as they act as internal consultants, facilitators and mentors to other internal category strategies.
The cost of the Green Belt, Red Belt and Black Belt courses of study is reviewed annually.
The cost of the Green Belt course of study is normally set as equivalent to the average cost of an MBA course of study and is based on the provision of the following course elements:
The cost of the Red Belt and Black Belt courses of study will always be a fraction of the Green Belt cost because there is much less IIAPS direct training and facilitation support for these courses of study and implementation.
The only elements to be costed are as follows:
Location of Training Master Classes and QV®Workshop for Individuals:
Group Tuition Fees: Costs of Green Belt Course of Study
If a client is funding multiple students then it is possible to significantly reduce the overall costs per student for the Green Belt course of study, by holding the two Training Master Classes within the client's organisation. IIAPS keeps the training cost fixed as if it was training one student for its Master Classes and only charges all necessary travel and subsistence costs for their trainer to attend the client's preferred location.
Such an arrangement can significantly reduce the overall cost of the initial Green Belt course of study, and provides very good value for money for clients with multiple students.
Group Tuition Fees: Costs of Red Belt and Black Belt Course of Study
Since there is only limited training and facilitation work by IIAPS the costs of the Red Belt and Black Belt courses of study normally remain the same as for individual students.
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