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Decision-making and Risk

An Introduction

Most FutureLearn courses run multiple times. Every run of a course has a set start date but you can join it and work through it after it starts. Find out more This course is for anyone looking to improve their knowledge of decision-making and risk within an organisation or business. Please note that the individuals detailed in the ‘Who will you learn with?’ section below, are current staff members and may be subject to change.

Topics Covered

The difference between risk and uncertainty: are our professional and personal decisions as good as we think they are?
The nature of data and information
The challenges facing data management
Risk management
Barriers to effective decision-making

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Reviews summary

Foundational decision-making and risk overview

According to students, this course offers a solid introductory foundation in decision-making and risk management for business contexts. Learners highlight its clear distinction between risk and uncertainty and insights into barriers to effective decisions. Praised for being well-structured and accessible, it simplifies complex topics for newcomers. While providing a comprehensive overview, learners note that those seeking advanced practical application might require supplemental study. It's considered a highly relevant starting point for professionals.

Best for beginners seeking an initial overview.

"As an introductory course, it's perfect, but I wouldn't recommend it for advanced learners."

"I felt it was a good starting point, though I'll need to seek more in-depth material for specific areas."

"It covers a broad range of topics without diving too deep, which is fine for a beginner."

Content flows logically and is easy to follow.

"The modules were well-organized, making it easy to progress through the material."

"I found the pacing just right, not too fast or too slow for an introductory subject."

"The course structure helped me build knowledge progressively, chapter by chapter."

Offers insights applicable to organizational settings.

"The examples provided helped me see how these concepts apply directly to business operations."

"I can immediately use the strategies for identifying decision barriers in my workplace."

"This course is highly relevant for anyone in a professional setting dealing with organizational decisions."

Explains core principles of risk and decision-making.

"I appreciated how the course clearly explained the difference between risk and uncertainty from the start."

"It's a great introduction; I found the initial modules on data and information very accessible."

"The course did an excellent job of breaking down complex ideas into understandable segments."

Activities

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Career center

Learners who complete Decision-making and Risk: An Introduction will develop knowledge and skills that may be useful to these careers:

Reading list

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Predictably Irrational

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Explores the systematic ways in which people defy rational economic predictions, offering numerous examples of irrational behavior in decision-making. It's excellent for gaining a broad understanding of behavioral economics and its impact on choices. It serves as valuable additional reading to complement theoretical concepts.

Decision-making and Risk

An Introduction

Topics Covered

Topics Covered

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Reviews summary

Foundational decision-making and risk overview

Activities

Career center

Reading list

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