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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 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 Availability	Certificate Providing Authority
yes	Coursera

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

EntrepreneurBusiness AnalystProject Manager

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.