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Quick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery |
|---|---|---|
| English | Self Study | Video and Text Based |
Course Overview
In an increasingly technical and automated corporate world, specific human talents such as critical thinking and strategic decision-making prove to be important skills for the advanced executive. The Decision-Making: Judgements, Biases, and Nudges online course provides students with the tools and knowledge they need to enhance their decision-making skills.
The course teaches how to utilise a unique framework of decision-making - the Decision Canvas™, as a systematic and scientifically oriented tool of decision-making. In conjunction with this step-by-step guide, the Decision-Making: Judgements, Biases, and Nudges Training teaches how to mitigate weak spots in the process of decision-making, such as instinctive judgments and cognitive bias. Candidates will be able to enhance their effective decision-making skills by acquiring an educated understanding of choice architecture and debasing.
The Decision-Making: Judgements, Biases, and Nudges syllabus allows students to draw on the experiences, diversity, and insights of a worldwide group of professionals, and it encourages them to analyze decisions from several viewpoints in order to reach more definitive results. The mix of theory and practice guarantees that applicants can use what they've learned in both professional and personal real-world settings.
The Highlights
- Online learning
- Self-paced learning
- Split option of payment
- Projects and assessments
- 6 weeks duration
- London School of Economics offering
- Downloadable resources
- 7-10 hours per week
- Course provider Getsmarter
- Shareable certificate
Programme Offerings
- Live polls
- Self-paced learning
- quizzes
- Offline resources
- online learning
- Case Studies
- Infographics
- video lectures
Courses and Certificate Fees
| Certificate Availability | Certificate Providing Authority |
|---|---|
| yes | LSE |
| Course | Fee in INR |
| Decision-Making: Judgements, Biases, and Nudges | Rs. 121,255 |
Eligibility Criteria
Certification Qualifying Details
To qualify for the Decision-Making: Judgements, Biases, and Nudges certification, candidates must complete the modules of online courses as well as the assigned tasks and projects. Applicants must take part in academic tasks such as quizzes, live polls, case studies, surveys, and so on. Students are evaluated through a sequence of online assignments, academic tasks, and projects. To qualify for certification, candidates must meet all of the requirements stated in the coursebook.
What you will learn
After completing the Decision-Making: Judgements, Biases, and Nudges online certification course, Students will receive a step-by-step strategy for tackling decisions that will help them constantly improve their professional and personal decision-making. Applicants will learn to identify biases, blind spots and obstacles in their decision-making processes, allowing them to make better informed, bias-free judgments. Candidates will get better problem-solving and decision-making skills as a result of highly collaborative, integrative and professional development. Learners will also have the ability to look at a choice from a fresh angle and generate new solutions by using the variety, experiences, and wisdom of a worldwide network.
Who it is for
- Managers, business development executives, and supervisors who wish to improve their decision-making and problem-solving abilities.
- Professionals who want to improve their critical thinking abilities and make more tactical and strategic business choices.
- Present and prospective entrepreneurs who wish to improve their arguments and rationale for business decisions.
Admission Details
To get admission to the Decision-Making: Judgements, Biases, and Nudges online course, follow the steps mentioned below:
- Visit the official course page.
- Locate the ‘Register Now’ button to start the admission process
- Read the terms and conditions, and accept to further proceed
- Fill in the personal details to create an account on Getsmarter
- Provide the billing address details and optional sponsor information
- Pay the amount of fee and start learning
The Syllabus
- Determine how to leverage your decision-making style
- Identify your decision-making style, and its associated strengths and limitations
- Differentiate between Systems 1 and 2 to understand their effect on perception and choice
- Outline the process of using the Decision Canvas™ and collaborating with your Decision Team
- Articulate how organisational process goals determine the decision-making approach
- Determine the characteristics of a good decision
- Identify the challenges to good decision-making practice
- Choose a decision problem to focus on in your Decision Teams
- Differentiate between different models of rationality
- Identify the characteristics of a judgement
- Recognise judgement as a key ingredient of a decision
- Determine the role of judgement in driving the decision-making process
- Deduce the inherent judgements within your Decision Team’s problem
- Deconstruct decision-based conversations to recognise judgements
- Determine the differences between types of bias
- Review the differences between bias, noise, and error
- Deconstruct decision-based conversations to recognise biases
- Collaborate to identify biases in your Decision Team’s problem
- Investigate the link between judgment and bias
- Select appropriate debiasing solutions to address specific biases
- Outline debiasing techniques
- Recommend debiasing solutions and interventions for your Decision Team’s problem
- Review the ethical impact of nudges
- Recognise the differences between outcome- and process-based nudges
- Identify examples of choice architecture
- Reflect on your knowledge progression throughout the course
- Propose choice architecture solutions for a decision problem
Instructors
LSE Frequently Asked Questions (FAQ's)
Business decision making, consumer decision making and personal decision making are the 3 types of decision making.
By doing the Decision-Making: Judgements, Biases, and Nudges course, you can learn effective decision-making.
The decision-making training aims to provide the skills that will assist learners in understanding decisions, defining issues, evaluating options, and making the right decisions.
Some of the problems faced in decision making are:
- Lack of resource
- Lack of time
- Lack of clarity
- Lack of reliable data
The significance of decision making stems from the fact that it allows you to choose the right option amongst numerous possibilities.