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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. 66,057

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

Problem Solving AbilityDecision making skillsNegotiation skills

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

EntrepreneurBusiness Development Executive

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)

1: What are the 3 types of decision making?

Business decision making, consumer decision making and personal decision making are the 3 types of decision making.

2: How do you learn decision making?

By doing the Decision-Making: Judgements, Biases, and Nudges course, you can learn effective decision-making.

3: What is decision-making training?

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.

4: What are the problems faced in decision making?

Some of the problems faced in decision making are: