Decision Theories & Decision-Making

This 100% online course is designed to equip you with the essential knowledge and skills for effective decision-making. You will learn to differentiate between hard and easy choices, understand the fundamentals of Game Theory, and distinguish between System One and System Two decisions. We'll cover problem structuring, team decisions, and the use of Decision Support Systems. By the end of this course, you'll be well-prepared to make informed, sustainable decisions and identify and avoid common decision biases.

After completion of this course, you

• know what decisions are.
• are able to classify decisions.
• know the basics about Game Theory.
• know the basics of knowledge-based decision-making.
• know how to identify, weigh, and evaluate criteria.
• know the basics of team decisions.
• know how to structure problems and develop overarching goals.
• know how to make sustainable decisions.
• know the basics about decision biases and know strategies to avoid decision biases.

This course is aimed at

interested individuals, young entrepreneurs, and junior managers from all disciplines who want to explore the world of decision theories and effective decision-making. Within this course, you will gain insights into what decisions truly are, learn to classify them, and explore the fundamentals of Game Theory. Discover the basics of knowledge-based decision-making, as well as the techniques to identify, weigh, and evaluate criteria. This course also equips you with the skills needed for effective teamwork, problem structuring, and sustainable decision-making. We'll also provide you with the tools to understand the core concepts of decision biases and equip you with effective strategies for their prevention. Register now!

Examination performance

A certificate can be acquired after positive completion of the examination (optional). The completion of this module consists of the following partial examinations: Multiple-Choice test (20%), written assignment (30%), and oral examination (50%). All examinations can be taken online at flexible times.