Online course in Business & Management

Decision-making and Risk: An Introduction

Explore big ideas about decision-making and risk and learn about the decision-making process, with this course for professionals.

  • Duration 2 weeks
  • Weekly study 3 hours
  • Learn Free
  • Extra benefits From $69 Find out more
This course is part of the program Decision Making and Risk, which is one of the building blocks that leads to a degree in MBA . Find out more.

Understand the decision-making process in a management context

How do we make decisions? How does our understanding of risk affect our decisions? Get answers to these questions and more, with this short course that explores big ideas about decision-making and risk.

You will learn about the definition of risk and look at some of the barriers that hinder effective decision-making in our professional and personal lives. You will also look at some techniques that could help overcome these barriers, and analyse Daniel Kahneman’s decision-making model.

What topics will you cover?

  • 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

When would you like to start?

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

  • Available now
    This course started 16 Sep 2019

What will you achieve?

By the end of the course, you'll be able to...

  • Explore the nature of data and information
  • Explore the challenges facing data management
  • Explain the difference between risk and uncertainty
  • Explore and deal with barriers to effective decision-making

Who is the course for?

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.

Who will you learn with?

Nigel Walton

Nigel Walton

I am currently a Lecturer in Business Strategy at Coventry University and an Associate Lecturer in Strategy and Entrepreneurship at the Open University.

Vittorio Senso

Vittorio Senso

I have a degree in Economics and Statistics from Bocconi University in Milano, and an MBA from New York University. I spent over 30 years in the automotive industry in international director positions

Suresh George

Suresh George

Suresh George is an Associate Professor at Coventry University. where he teaches Strategic Management and Global strategy courses. He tweets as @sureshgeorge and curates GLOBESTRATEGY.NET

Who developed the course?

Coventry secured gold in the UK Government’s 2017 Teaching Excellence Framework (TEF) and is University of the Year for Student Experience in The Times & The Sunday Times Good University Guide 2019.

Join this course

Start this course for free, upgrade for extra benefits, or buy Unlimited to access this course and hundreds of other short courses for a year.

Free
$0

Join free and you will get:

  • Access to this course for 4 weeks

Upgrade
$69

Upgrade this course and you will get:

  • Access to this course for as long as it’s on FutureLearn
  • A print and digital Certificate of Achievement once you’re eligible
New

Unlimited (New!)
$239 $179 for one year

Buy Unlimited and you will get:

  • Access to this course, and hundreds of other FutureLearn short courses and tests for a year
  • A printable digital Certificate of Achievement on all short courses once you’re eligible
  • The freedom to keep access to any course you've achieved a digital Certificate of Achievement on, for as long as the course exists on FutureLearn
  • The flexibility to complete your choice of short courses in your own time within the year
Find out more about upgrades or Unlimited.
Available until 31 October 2019. T&Cs apply.

Advance your career with a degree

What's different about this course?

Since 2017 you have been able to take a degree on FutureLearn. This free course is a bit like a starter course for a degree — it should give you a flavour of the degree subject but can also be your first step towards a degree qualification.

If you enjoy this course you can apply to join the program it’s part of to start working towards a degree on FutureLearn.

Don’t worry, you can still take the course without doing a full degree!

How do degrees work on FutureLearn?

Do the free course
Join and complete the program
Get academic credit for an online degree from Coventry University

Which program and degree is this course part of?

This course is part of the program Decision Making and Risk, which is one of the building blocks that leads to a degree in MBA .