Ferguson has been in charge of Manchester United for 22 seasons
Sir Alex Ferguson has won the League Managers' Association manager of the year award after leading Manchester United to a 10th Premier League crown.
The 66-year-old will also take United to the first all-English Champions League final against Chelsea on 21 May.
"It is a tremendous honour that my fellow managers should deem me worthy of this award," said Ferguson. "I'm very proud to receive it."
He received his award from England manager Fabio Capello.
The Scot, who has been at the helm at Old Trafford for 22 seasons, also received the accolade in 1999 when he guided United to a Premier League, Champions League and FA Cup Treble.
After a modest celebration at an end-of-season dinner with his players on Sunday, Ferguson is turning his attention to the prospect of more European silverware.
And he believes pipping Chelsea to the Premier League title will boost his side ahead of the Champions League showdown with the Blues in Moscow.
"The mood generated by the win puts us in a very confident position," added Ferguson.
"I expect my players to have the ability and confidence to play on the biggest stage in the world; of that I have absolutely no doubt."
Ferguson's manager of the year award was voted for by the members of the LMA and takes into account the performance of all the managers during the season.
West Brom boss Tony Mowbray took the Championship manager of the year award after he guided the Baggies to the title and thereby promotion to the Premier League.
Swansea manager Roberto Martinez won the League One honour and Graham Turner lifted the League Two award after taking Hereford to automatic promotion in their second season back in the Football League.
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