MBA with Professional Certificate in Behavioral Economics Fundamentals

Sunday, 11 January 2026 13:35:02

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MBA with Professional Certificate in Behavioral Economics Fundamentals

Overview

Behavioral Economics Fundamentals

is designed for professionals seeking to understand the psychological and social factors that influence economic decisions. This program helps business leaders and policy makers develop a deeper understanding of human behavior and its impact on economic outcomes. By studying behavioral economics, participants can improve their decision-making skills and develop more effective strategies for influencing human behavior.

Through a combination of lectures, case studies, and interactive exercises, participants will learn about the fundamental principles of behavioral economics, including cognitive biases, heuristics, and behavioral finance.

By gaining a better understanding of behavioral economics, participants can make more informed decisions and drive better outcomes for their organizations.

Explore the world of behavioral economics and discover how it can be applied to drive business success.

MBA with Professional Certificate in Behavioral Economics Fundamentals is an innovative program that combines the rigors of an MBA with the insights of behavioral economics. By mastering the principles of behavioral economics, you'll gain a deeper understanding of human decision-making and develop skills to drive business success. This course offers key benefits such as enhanced critical thinking, improved problem-solving, and increased empathy in the workplace. With a strong foundation in behavioral economics, you'll be well-equipped to tackle complex business challenges and excel in leadership roles. Career prospects are vast, with opportunities in finance, marketing, and management. (20)

Entry requirements

The Learners must possess:
● Level 6 Award/Diploma or a bachelors degree or any other equivalent qualification
or
● 5 years or more of work experience in case you do not hold any formal qualification
and
● Learner must be 18 years or older at the beginning of the course.


International Students can apply

Joining our world will be life-changing with a student body representing over 157 nationalities.

LSIB is truly an international institution with history of welcoming students from around the world. With us, you're not just a student, you're a member.

Course Content

• Behavioral Economics Fundamentals • Introduction to Behavioral Economics • Cognitive Biases and Heuristics • Decision Making Under Uncertainty • Prospect Theory and Loss Aversion • Framing Effects and Anchoring Bias • Nudges and Defaults in Policy Making • Behavioral Finance and Investment Decisions • Experimental Methods in Behavioral Economics • Applications of Behavioral Economics in Business

Assessment

The evaluation process is conducted through the submission of assignments, and there are no written examinations involved.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration

The programme is available in two duration modes:

12 Months: GBP £7700
18 Months: GBP £6700
This programme does not have any additional costs.
The fee is payable in monthly, quarterly, half yearly instalments.
You can avail 5% discount if you pay the full fee upfront in 1 instalment

Payment plans

12 Months - GBP £7700

● Payment option (a) - GBP £770 x 10 monthly instalments
● Payment option (b) - GBP £2566 x 3 quarterly instalments
● Payment option (c) - GBP £3850 x 2 half yearly instalments
● Payment option (d) - GBP £7315 x 1 instalment (We offer 5% discount on total fee for students opting to pay in full)

18 Months - GBP £6700

● Payment option (a) - GBP £478 x 14 monthly instalments
● Payment option (b) - GBP £1340 x 5 quarterly instalments
● Payment option (c) - GBP £2233 x 3 half yearly instalments
● Payment option (d) - GBP £6365 x 1 instalment (We offer 5% discount on total fee for students opting to pay in full)

40% Cheaper

Our course fee is upto 40% cheaper than most universities and colleges.

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Accreditation

 Stage 1 (Delivered by LSIB):
The programme involves delivery through on-line Learning Management System (LMS). This stage leads to award of Level 7 Diploma in Strategic Management and Leadership. Credits earned at this stage - 120 credits (60 ECTS).

Stage 2 (Delivered by LSIB):
This stage leads to award of Professional Certificate.

Stage 3 (Delivered by the University / awarding body)
On completion of the diploma programme you progress / Top up with Degree through a UK University for progression to the MBA degree. The stage 3 is delivered via distance learning by faculties from the University / awarding body. Credits earned at this stage - 60 credits (30 ECTS).

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  • 1. Complete the online enrolment form and Pay enrolment fee of GBP £10.
  • 2. Wait for our email with course start dates and fee payment plans. Your course starts once you pay the course fee.
  • Apply Now
    •

Got questions? Get in touch

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+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Key facts about MBA with Professional Certificate in Behavioral Economics Fundamentals

The MBA with Professional Certificate in Behavioral Economics Fundamentals is a unique and interdisciplinary program that combines the rigors of an MBA with the insights of behavioral economics.
This program is designed to equip students with a deep understanding of the psychological and social factors that influence human decision-making, enabling them to develop more effective strategies for business success.
Through a combination of coursework, case studies, and experiential learning, students will gain a comprehensive understanding of behavioral economics and its applications in business, including marketing, finance, and organizational behavior.
The program's learning outcomes include the ability to analyze complex business problems through a behavioral economics lens, develop and implement evidence-based strategies, and communicate effectively with stakeholders.
The duration of the program is typically 12-18 months, depending on the institution and the student's prior experience and education.
The MBA with Professional Certificate in Behavioral Economics Fundamentals is highly relevant to a wide range of industries, including finance, healthcare, technology, and non-profit.
By combining the rigor of an MBA with the insights of behavioral economics, this program provides students with a unique set of skills that are highly valued by employers in a variety of sectors.
Graduates of this program are well-positioned to take on leadership roles in organizations that seek to apply behavioral economics principles to drive business success and improve societal outcomes.
The program's focus on behavioral economics also provides students with a competitive edge in the job market, as many organizations are seeking professionals with expertise in this area.
Overall, the MBA with Professional Certificate in Behavioral Economics Fundamentals is a valuable investment for students who seek to develop a deeper understanding of human behavior and its applications in business.

Why this course?

Behavioral Economics has become a crucial aspect of business decision-making in today's market. According to a survey by the Association of Chartered Certified Accountants (ACCA) in the UK, 71% of businesses believe that behavioral economics can help them make better decisions (Source: ACCA, 2020). This is reflected in the increasing demand for professionals with expertise in behavioral economics.
Industry Number of Jobs
Finance 2,400
Healthcare 1,800
Marketing 1,500
The MBA with a Professional Certificate in Behavioral Economics Fundamentals is an ideal combination for professionals looking to enhance their skills in this area. According to a report by the Higher Education Statistics Agency (HESA), the number of students taking MBA courses in the UK has increased by 15% in the past year (Source: HESA, 2022).

Who should enrol in MBA with Professional Certificate in Behavioral Economics Fundamentals?

Ideal Audience for MBA with Professional Certificate in Behavioral Economics Fundamentals Professionals seeking to enhance their business acumen with a deeper understanding of behavioral economics, particularly those in the UK who are looking to upskill and reskill in a rapidly changing job market.
Demographics Typically, individuals with 2-10 years of work experience in various industries, including finance, marketing, and management, who are looking to transition into roles that involve behavioral economics, such as data analysis, market research, or policy development.
Career Goals Those aiming to improve their decision-making skills, enhance their understanding of consumer behavior, and develop data-driven strategies to drive business growth and competitiveness in the UK market.
Industry Focus Finance, marketing, management, public policy, and data analysis, with a growing demand for professionals with behavioral economics expertise in the UK.
Skills and Knowledge Understanding of behavioral economics principles, data analysis, and statistical methods, with the ability to apply these skills to real-world business problems.