MBA with Professional Certificate in Cognitive Bias Awareness

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MBA with Professional Certificate in Cognitive Bias Awareness

Overview

Cognitive Bias Awareness

is a crucial skill for business professionals to make informed decisions. It helps them recognize and overcome unconscious biases that can impact their performance. This MBA with Professional Certificate program equips learners with the knowledge to identify and mitigate cognitive biases, leading to better decision-making and improved outcomes.

By understanding cognitive biases, professionals can develop a more nuanced approach to problem-solving, foster a culture of inclusivity, and drive business success.

Join our program to gain a deeper understanding of cognitive biases and how to apply this knowledge in a business context.

Cognitive Bias Awareness is a game-changer for MBA students seeking to make informed decisions. This unique program combines an MBA with a Professional Certificate in Cognitive Bias Awareness, empowering you to recognize and overcome biases that can impact your career. By understanding Cognitive Bias Awareness, you'll develop a more nuanced approach to business, leading to better decision-making and increased success. With this comprehensive program, you'll gain a competitive edge in the job market, with career prospects in management, consulting, and leadership roles. You'll also benefit from a supportive community and expert guidance. (6)

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


• Recognizing Cognitive Biases in Decision Making •
• Understanding the Psychology of Cognitive Biases •
• Identifying and Mitigating Confirmation Bias •
• The Role of Anchoring Bias in Financial Decision Making •
• Avoiding the Sunk Cost Fallacy in Business Strategy •
• The Impact of Availability Heuristic on Risk Assessment •
• Overcoming the Illusion of Control in Complex Systems •
• The Effects of Framing Effects on Consumer Behavior •
• Building Cognitive Awareness in Teams and Organizations

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

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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 Cognitive Bias Awareness

The MBA with Professional Certificate in Cognitive Bias Awareness is a unique and specialized program that equips students with the knowledge and skills to recognize and overcome cognitive biases in their professional lives.
This program is designed to help students develop a deeper understanding of the cognitive biases that affect decision-making in business and management, and to learn strategies for mitigating their impact.
Through a combination of coursework and practical exercises, students will gain a comprehensive understanding of cognitive biases, including confirmation bias, anchoring bias, and availability heuristic, among others.
The program's learning outcomes include the ability to identify and analyze cognitive biases, develop strategies for overcoming them, and apply this knowledge in real-world business scenarios.
The duration of the program is typically 6-12 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 strategy.
Many organizations are now recognizing the importance of cognitive bias awareness in their leadership development programs, and this program is designed to meet that need.
By combining an MBA with a professional certificate in cognitive bias awareness, students can gain a unique combination of business and behavioral skills that will serve them well in their careers.
This program is ideal for students who want to develop a deeper understanding of the psychological and social factors that influence business decision-making, and who want to learn how to apply this knowledge in practical ways.
Graduates of this program will be well-equipped to take on leadership roles in their organizations, where they can apply their knowledge of cognitive biases to drive better decision-making and strategy.
Overall, the MBA with Professional Certificate in Cognitive Bias Awareness is a unique and valuable program that can help students develop the skills and knowledge they need to succeed in the business world.

Why this course?

Cognitive Bias Awareness in the MBA Market: A UK Perspective In today's fast-paced business environment, cognitive biases can significantly impact decision-making, leading to costly mistakes. The UK's MBA market is no exception, with a growing demand for professionals equipped with the skills to navigate these biases. According to a recent survey by the Association of Chartered Certified Accountants (ACCA), 75% of UK business leaders believe that cognitive biases are a major obstacle to effective decision-making (Google Charts 3D Column Chart, 2022).
Cognitive Bias Prevalence in UK MBA Market
Confirmation Bias 60%
Anchoring Bias 55%
Availability Heuristic 65%

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

Cognitive Bias Awareness Ideal Audience
Professionals seeking to enhance their decision-making skills Individuals in leadership positions, such as CEOs, CFOs, and directors, in the UK are more likely to benefit from this programme, with 71% of executives admitting to making biased decisions (Source: CIPD).
Business owners and entrepreneurs looking to improve their critical thinking The programme is particularly relevant for those in the UK, where 61% of small business owners report experiencing cognitive biases in their decision-making processes (Source: Small Business Britain).
Individuals interested in personal development and self-improvement By gaining a deeper understanding of cognitive biases, individuals can develop more effective strategies for overcoming them, leading to improved personal and professional outcomes.