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Quick Facts

Medium Of InstructionsMode Of LearningMode Of Delivery
EnglishSelf StudyVideo 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 19 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

  • 6 weeks duration 
  • Online course 
  • 19 hours of online classes
  • Shareable certification
  • Self-paced learning 
  • Graded assignments 
  • Quizzes and programming assignments
  • Financial Aid

Programme Offerings

  • 6 Weeks Duration
  • trained by experts
  • Online Course
  • Shareable Certification
  • Flexible Deadlines
  • Graded Assignments
  • Feedback
  • quizzes
  • assessments
  • financial aid

Courses and Certificate Fees

Certificate AvailabilityCertificate Providing Authority
yesCoursera

Coursera is accepting the Competitive Strategy certification fee through the online mode using a credit card, debit card, and internet banking. The certification fee is only for the candidates who are opting for the certification course. The candidates who have opted for audit mode shall be exempted from paying any fee. However, there will be no benefits given to the candidate who has opted for audit mode. As per the timing needed by candidates to complete the certification course, the detailed fee structure is mentioned below. 

Competitive Strategy fee structure

Description

Fee in INR

1 month 

Rs. 4,051

3 months 

Rs. 8,102

6 months

Rs. 12,154


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)

1: What is the duration of the Competitive Strategy online course?

The course of Competitive Strategy is of 6 weeks duration and the classes for the same can be completed in approximately 19 hours.

2: Which institute is providing the Competitive Strategy course?

This course is provided by Ludwig-Maximilians-Universität München (LMU).

3: Who holds the authority to provide certification after the completion of the course?

The certification is provided by Ludwig-Maximilians-Universität München (LMU) and Coursera.

4: Who shall be benefitted from the course?

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.

5: What is the mode of learning for the Competitive Strategy course?

This is a 100% online course available on the online learning platform Coursera.

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