Get updates on Eligibility, Admission, Placements Fees Structure
Quick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery |
|---|---|---|
| English | Self Study | Video and Text Based |
Course Overview
Strategies are an important aspect of the development of businesses. An effective strategy has the calibre to move the trajectory of business in the upward direction. The board of directors and decision-makers of the company should not just be focused on their own strategies but should consider making such strategies that shall prove to be better than their competitors. The Competitive Strategy course is an initiative taken by Ludwig-Maximilians-Universität München (LMU) and it is available on the online learning platform Coursera.
Competitive Strategy training will be delivered by the experts through online mode to the learners who are keen to learn about effective business strategies for the development of business. The duration of the course is 6 weeks, and the total time period to complete the classes is approximately 18 hours. The platform is offering online learning with flexible deadlines to the candidates. This is one out of the four courses available for making effective strategies in business at LMU. The candidates will receive Competitive Strategy certification by the Ludwig-Maximilians-Universität München and Coursera.
The Highlights
- 3 weeks duration
- Online course
- 18 hours of online classes
- Shareable certification
- Self-paced learning
- Graded assignments
- Quizzes and programming assignments
- Financial Aid
Programme Offerings
- trained by experts
- Online Course
- Shareable Certification
- Flexible Deadlines
- Graded Assignments
- Feedback
- quizzes
- assessments
- financial aid
- 3 Weeks Duration
- Audio-visual.
Courses and Certificate Fees
| Certificate Availability | Certificate Providing Authority |
|---|---|
| yes | Coursera |
Competitive Strategy Fee Structure
Description | Amount |
1 Month, 14 hours per week | Rs. 4,117 |
3 Months, 5 hours per week | Rs. 8,234 |
6 Months, 2 hours every week | Rs. 12,352 |
Eligibility Criteria
Certification Qualifying Details
Competitive Strategy certification will be given to all the candidates who have registered for the course and have completed the Competitive Strategy course. The candidates should complete the assignments, quizzes, and other associated exercises to receive the certification from LMU and Coursera. The platform is providing shareable certification at the end of the course. This certificate will help the candidate to latch onto desirable opportunities in the domain of strategy making.
What you will learn
The Competitive Strategy certification syllabus is designed to help the learners in making the strategies that shall lead to the development of business. This is a six-module course that guides the candidate through the game theory. The candidates will be analyzing the factors in choosing the strategies to attain a competitive advantage. The course shall help the candidates to understand independent decisions and how the decisions of business can affect the profit or loss of a competitor. After the completion of this course, the candidate shall be able to gain proficiency in the following concepts and decisions.
- Strategic Management
- Game Theory
- Competition (Economics)
- Strategic Thinking
Who it is for
Competitive Strategy certification benefits beginners who are seeking to build their future in the domain of making effective strategies for the business. This online course shall also help managers, entrepreneurs, project managers, and business analysts by upgrading their skills and forming effective strategies for the business. The course shall also help them to upgrade their designations.
Admission Details
To enroll yourself in the Competitive Strategy online course, follow the steps mentioned below:
Step 1: Visit the portal of Coursera for the Competitive Strategy course. The direct link for the course is https://www.coursera.org/learn/competitive-strategy
Step 2: The screen with the detailed introduction of the course shall be displayed on the portal of Coursera.
Step 3: Click on the tab “Enroll for free” and sign up for the course.
Step 4: Complete the enrollment process by paying the Competitive Strategy certification fee.
Step 5: Start learning by attending the Competitive Strategy classes.
The Syllabus
Videos
- Introduction
- Game Setting
- Eliminating Dominated Strategies
- Nash Equilibrium
- Prisoners ’ Dilemma
- Game Setting
- Backward Induction
- Credible Threats
- Wrap Up
Readings
- How to Use Discussion Forums
- Get to Know Your Classmates
- Complete slides for the week
Practice exercises
- Simultaneous Games
- Sequential Games
- Take Care of Your Competitors
Videos
- Introduction
- Reasons for Cooperation
- Finite Repetition
- Backward Induction
- Infinite Repetition
- Factors Influencing Cooperation
- Aggressive Commitment
- Cooperative Commitment
- Wrap Up
Readings
- Complete Slides Week 2
Practice exercises
- Reasons for Cooperation
- Finite Repetition
- Infinite Repetition
- Commitment
- Why Firms Work Together
Videos
- Introduction
- Complements: Examples and Definitions
- Generic Strategies
- Positive Externalities
- Examples
- Strategic Partnerships
- Wrap Up
Readings
- Complete Slides Week 3
Practice exercises
- Complements
- Strategies for Complements
- Complements and Cooperation
- Complementary Products and Strategic Partnerships
Videos
- Introduction
- Market Attractiveness
- Structural Entry Barriers
- Strategic Entry Barriers
- Commitment / Value Chain Reconfiguration
- Judo Economics / Niche Market
- Structural Entry Barriers / Commitment
- Limit Pricing / Predatory Pricing
- Pre-Emption
- Wrap Up
Readings
- Complete Slides Week 4
Practice exercises
- Market Choice and Entry Barriers
- Entry Strategies
- Entry Deterrence
- Entering a New Market
Videos
- Introduction
- Stages of R&D
- Types of Innovation
- Competitive Market
- Monopolist
- Monopolist with Threat of Entry
- Innovation under Competition
- Sleeping Patents
- Wrap Up
Readings
- Complete Slides Week 5
Practice exercises
- R & D and Innovation
- Incentives to Innovate
- Innovation & Competition
- Why Worry About Research and Development
Videos
- Introduction
- Theoretical Model
- Adjusting Model Assumptions
- Introduction
- Horizontal Differentiation
- Vertical Differentiation
- Generic Strategies
- Stuck in the Middle
- Wrap Up
Readings
- Complete Slides Week 6
Practice exercises
- Bertrand Paradox
- Product Differentiation
- Pricing and Product Decisions
- Designing Products Wisely
- Final-exam
Instructors
Ludwig Maximilian University of Munich, Munich Frequently Asked Questions (FAQ's)
The course of Competitive Strategy is of 3 weeks duration and the classes for the same can be completed in approximately 18 hours.
This course is provided by Ludwig-Maximilians-Universität München (LMU).
The certification is provided by Ludwig-Maximilians-Universität München (LMU) and Coursera.
This course is advantageous for the people who are willing to make their career in the domain of making effective strategies. The managers, business analysts, entrepreneurs, and project managers will be benefitted from this course.
This is a 100% online course available on the online learning platform Coursera.