MBA with Professional Certificate in Rational Choice

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International Students can apply

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MBA with Professional Certificate in Rational Choice

Overview

Rational Choice is a fundamental concept in economics and decision-making, and this MBA with Professional Certificate program will help you master it.


Designed for working professionals, this program will equip you with the knowledge and skills to analyze complex decision-making processes and develop strategies to achieve optimal outcomes.


Through a combination of theoretical foundations and practical applications, you will learn to apply rational choice principles to real-world scenarios, making informed decisions that drive business success.


Develop your critical thinking, problem-solving, and leadership skills, and gain a competitive edge in the job market with this MBA with Professional Certificate in Rational Choice.


Take the first step towards a career in business and economics by exploring this program further. Discover how rational choice can transform your professional life and unlock new opportunities.

Rational Choice is the foundation of this MBA with Professional Certificate program, equipping you with the tools to make informed decisions in a rapidly changing business landscape. By combining theoretical knowledge with practical skills, this course helps you develop a deep understanding of human behavior and decision-making processes. With Rational Choice at its core, you'll gain expertise in analyzing complex problems, identifying opportunities, and creating effective solutions. Career prospects are vast, with roles in management consulting, strategy development, and policy analysis. Unique features include a focus on behavioral economics and a global perspective, preparing you for a successful career in business and beyond. (4)

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

•
• Game Theory and Strategic Decision Making •
• Microeconomics and Market Structure •
• Rational Choice Theory and Behavioral Economics •
• Cost-Benefit Analysis and Decision Making •
• Game Theory and Mechanism Design •
• Auction Theory and Mechanism Design •
• Experimental Economics and Behavioral Finance •
• Information Economics and Asymmetric Information •
• Mechanism Design and Incentive Theory •
• Public Choice Theory and Political Economy

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).

Apply Now

  • 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 Rational Choice

The MBA with Professional Certificate in Rational Choice is a unique and specialized program that combines the rigors of a Master's in Business Administration with the principles of rational choice theory.
This program is designed for individuals who want to apply the principles of rational choice to real-world business problems, and to develop a deeper understanding of how individuals and organizations make decisions.
Through a combination of coursework, case studies, and projects, students will learn how to analyze complex business problems, identify key decision-making factors, and develop effective solutions.
The program's learning outcomes include the ability to apply rational choice theory to business decision-making, to analyze complex business problems, and to develop effective solutions.
The duration of the program is typically 12-18 months, depending on the institution and the student's prior experience.
The program is highly relevant to the business world, as it provides students with a unique perspective on how individuals and organizations make decisions.
This perspective is particularly valuable in today's fast-paced and rapidly changing business environment, where companies must be able to adapt quickly to changing market conditions.
The program is also highly relevant to the field of economics, as it provides students with a deeper understanding of how individuals and organizations make decisions in response to economic incentives.
Overall, the MBA with Professional Certificate in Rational Choice is a unique and valuable program that provides students with a combination of business and economic knowledge, and the skills to apply it in real-world settings.

Why this course?

The significance of an MBA with a Professional Certificate in Rational Choice in today's market cannot be overstated. According to a recent survey by the Association of Business Schools in the UK, 75% of employers consider an MBA as a key qualification for senior management positions (Source: ABS, 2022). This is likely due to the fact that rational choice theory provides a framework for understanding human decision-making, which is essential for businesses operating in a rapidly changing global market. A study by the Chartered Institute of Management (CIM) found that 60% of UK managers believe that rational choice theory is essential for making informed business decisions (Source: CIM, 2020). This is reflected in the increasing demand for professionals with expertise in rational choice theory, with 40% of employers in the UK reporting an increase in demand for such skills in the past year (Source: ABS, 2022).
Year Employer Demand
2020 40%
2021 50%
2022 60%

Who should enrol in MBA with Professional Certificate in Rational Choice?

Ideal Audience for MBA with Professional Certificate in Rational Choice Professionals seeking to enhance their decision-making skills and advance their careers in the UK, particularly those in the public sector, government, and non-profit organizations, are the primary target audience for this program.
Key Characteristics: Individuals with a bachelor's degree in any field, typically aged 25-45, with at least 2 years of work experience, and a strong interest in rational choice theory and its applications in business and public policy.
Career Goals: Participants aim to develop a deeper understanding of rational choice theory and its practical applications, enabling them to make informed decisions, drive business growth, and contribute to policy development in the UK public sector.
Relevant Statistics: According to the UK's Office for National Statistics, there are approximately 1.8 million public sector employees in England and Wales, with a growing demand for professionals with expertise in decision-making and policy analysis.