MBA with Professional Certificate in Cognitive Bias

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MBA with Professional Certificate in Cognitive Bias

Overview

Cognitive Bias

is a critical concept in business, influencing decision-making and strategy. The MBA with Professional Certificate in Cognitive Bias is designed for executives and professionals seeking to understand and overcome these biases. This program helps learners recognize and manage their own biases, leading to more informed and effective decision-making. By studying cognitive bias, participants gain a deeper understanding of human behavior and develop skills to mitigate its impact.

Through a combination of coursework and real-world applications, learners develop a nuanced understanding of cognitive bias and its role in business.

Explore the intersection of cognitive bias and business strategy to gain a competitive edge.

Cognitive Bias is a game-changer in the world of business, and our MBA with Professional Certificate in Cognitive Bias is here to revolutionize your career. By combining a comprehensive MBA with a specialized certificate in Cognitive Bias, you'll gain a unique edge in the market. This program will equip you with the skills to identify and mitigate Cognitive Bias, leading to better decision-making and increased success. With a strong foundation in business and a deep understanding of Cognitive Bias, you'll be poised for a wide range of career opportunities, from management consulting to finance and beyond. (9)

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


• Cognitive Biases in Business Decision Making

• Identifying and Mitigating Confirmation Bias

• The Role of Anchoring Bias in Pricing Strategies

• Avoiding the Sunk Cost Fallacy in Investment Decisions

• Understanding the Impact of Availability Heuristic on Risk Assessment

• Recognizing the Dangers of Hindsight Bias in Performance Evaluation

• The Effects of Framing Effects on Consumer Behavior

• Managing Groupthink in Team Decision Making

• Overcoming the Illusion of Control in Strategic Planning

• The Influence of Social Proof on Consumer Purchase Decisions

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)

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

Chat with us: Click the live chat button

+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Key facts about MBA with Professional Certificate in Cognitive Bias

The MBA with Professional Certificate in Cognitive Bias is a unique and specialized program that equips students with the knowledge and skills to navigate the complexities of human decision-making in a professional setting.
This program is designed to help students develop a deeper understanding of cognitive biases and how they impact business decisions, enabling them to make more informed and data-driven choices.
Through a combination of coursework and practical projects, students will learn how to identify, analyze, and mitigate the effects of cognitive biases in various business contexts, including strategy, marketing, and finance.
The program's learning outcomes include the ability to recognize and challenge one's own cognitive biases, develop a more nuanced understanding of human decision-making, and apply this knowledge to drive business success.
The duration of the program is typically 12-18 months, depending on the institution and the student's prior experience and qualifications.
The program is highly relevant to the business world, where cognitive biases can have significant consequences for decision-making and outcomes.
Many organizations are now recognizing the importance of cognitive bias awareness and are incorporating training and development programs to help their employees develop this skill.
As a result, the MBA with Professional Certificate in Cognitive Bias is an attractive option for professionals looking to enhance their skills and advance their careers in a rapidly changing business environment.
By combining the rigors of an MBA program with the specialized knowledge of cognitive bias, this program provides students with a unique competitive edge in the job market.
Graduates of the program can expect to find employment in a range of roles, including management consulting, strategy, and human resources, where their understanding of cognitive bias can be applied to drive business success.
Overall, the MBA with Professional Certificate in Cognitive Bias is an excellent choice for professionals looking to develop a deeper understanding of human decision-making and drive business success in a rapidly changing world.

Why this course?

Cognitive Bias in the Business World: A Growing Need for MBA Professionals In today's fast-paced business landscape, cognitive biases can significantly impact decision-making, leading to costly mistakes and missed opportunities. According to a survey by the Chartered Institute of Management Accountants (CIMA), 75% of UK businesses believe that cognitive biases are a major obstacle to effective decision-making (Source: CIMA, 2020). This highlights the importance of understanding and mitigating cognitive biases in the workplace. Statistics on Cognitive Bias in the UK Business Market
Statistic Value
Number of UK businesses affected by cognitive biases 75%
Average cost of cognitive bias-related mistakes in the UK £10,000
Why an MBA with a Professional Certificate in Cognitive Bias is Essential In today's competitive business environment, having an MBA with a professional certificate in cognitive bias can give you a significant edge. By understanding how cognitive biases impact decision-making, you can develop strategies to mitigate their effects and make more informed, data-driven decisions. This is particularly important in the UK, where businesses are increasingly looking for professionals who can navigate complex decision-making scenarios.

Who should enrol in MBA with Professional Certificate in Cognitive Bias?

Ideal Audience for MBA with Professional Certificate in Cognitive Bias Professionals seeking to enhance their decision-making skills and mitigate the impact of cognitive biases in the UK business landscape, with a focus on those in leadership positions, such as CEOs, CFOs, and directors, who can benefit from this specialized training.
Key Characteristics: Typically, individuals with a bachelor's degree in business, economics, or a related field, with at least 2-3 years of work experience in a management or leadership role, and a strong desire to develop their critical thinking and problem-solving skills in a rapidly changing business environment.
UK-Specific Statistics: According to a recent survey, 70% of UK business leaders reported experiencing cognitive biases in their decision-making processes, with 40% citing confirmation bias as a major obstacle to effective decision-making.
Benefits: By completing the MBA with Professional Certificate in Cognitive Bias, individuals can expect to gain a deeper understanding of cognitive biases, develop their critical thinking and problem-solving skills, and improve their ability to make informed, data-driven decisions in a rapidly changing business environment.