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Strategy Development Using BMC is a Program

Strategy Development Using BMC

Self-paced

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Full program description

Strategy Development Using BMC

 
Programme Code: P190123YYG

Course Overview

The Business Model Canvas is a tool invented by Alexander Osterwalder and Yves Pigneur in their influential book "Business Model Generation. It is a business tool used to visualise all the building blocks of a business. This visualisation helps to answer the question, Does my business idea make sense?. It is an ideal tool for ongoing feasibility analysis and the strategic development of business ideas.

The first part of the course focuses on the interpretation of the nine building blocks of the Business Model Canvas and the relationships between them. The second part of the course allows learners to apply their learning through the conceptualisation of a business model using the canvas. By doing so, learners gain clarity on how all the elements of their business work together for it to remain viable. Learners will also learn how they can use the canvas for an iteration of ideas through a critical evaluation of their business models.

Course Duration

8 Hours / Full-time  

Mode of Assessment

Participants would be assessed through 30min written assessment.

Course Objectives

At the end of the programme, learners will be able to:

  • differentiate between business plan and model
  • interpret the nine building blocks of a BMC
  • illustrate how the blocks are related
  • design a business model canvas
  • evaluate a business model

Pre-requisites

Recommended minimum English proficiency level equivalent to the Employability Skills Workforce skills Qualifications (ES WSQ) Workplace Literacy Level 4.

Medium of Instruction & Trainer

English

Trainer: Trainee Ratio is 1: 20

Price

Course Fee
Full Course Fee  $400.00
Full Course Fee with GST  $428.00
Nett amount after Funding    
Singapore Citizens & Permanent Residents**  Individual  $21.40*
 Corporate  $48.00*
Others   $428.00*

* includes 7% GST

** 95% course fee funding under IBF Funding Scheme

Eligibility

Individual:

  • Singapore Citizens or Singapore Permanent Residents physically based in Singapore
  • Trainee has to complete 100% attendance and pass all relevant assessments and examinations
  • NTUC LearningHub reserves the right to claw back the funded amount from trainee if he/she did not meet the eligibility criteria

Corporate:

  • Singapore Citizens or Singapore Permanent Residents physically based in Singapore
  • Company must be Financial Institutions regulated by MAS (licensed or exempted from licensing), or involved in supporting financial sector activities. FinTech firms must be certified by Singapore FinTech Association (SFA)
  • Trainee has to complete 100% attendance and pass all relevant assessments and examinations
  • Eligible company-sponsored trainees will be able to clock CPD hours upon successful course completion

Funding Incentives:

1. Institute of Banking and Finance (IBF) Enhanced Funding

Singapore Citizens and permanent residents of all ages are entitled to receive enhance course fee subsidies of 95%. This funding is open to all individuals with no limitation to industry.

2. Training Allowance Grant

Self-sponsored individuals who successfully completed IBF accredited course will receive $10 per training and assessment hour. Training grant will be reimbursed to trainees PAYNOW account after course completion.

Sponsoring companies will receive $15 per training and assessment hour upon participants successful completion and passing the assessment.

3. SkillsFuture Credit

Singapore Citizens aged 25 and above may use their SkillsFuture Credits to pay for the course fees, the credits may be used on top of existing course fee funding. This is only applicable to self-sponsored participants. 

4. Union Training Assistance Programme (UTAP)

NTUC members can enjoy 50% unfunded course fee support for up to $250 each year. You must be a union member throughout the course duration and at the time of claim. You must achieve a minimum of 75% attendance for each application and have sat for all prescribed examinations. This is only applicable to self-sponsored participants. 

Terms and conditions apply. NTUC LearningHub reserve the right to make changes or improvements to any of the products described in this document without prior notice.

Prices are subject to other LHUB miscellaneous fees.

IBFSBMC