Universität Wien FIND

040115 KU Strategic Decision-Making (MA) (2019S)

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Prüfungsimmanente Lehrveranstaltung

Details

max. 50 Teilnehmer*innen
Sprache: Englisch

Lehrende

Termine (iCal) - nächster Termin ist mit N markiert

Mittwoch 20.03. 11:30 - 16:30 Hörsaal 15 Oskar-Morgenstern-Platz 1 2.Stock
Freitag 22.03. 11:30 - 16:30 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
Mittwoch 27.03. 11:30 - 16:30 Hörsaal 15 Oskar-Morgenstern-Platz 1 2.Stock
Freitag 29.03. 11:30 - 16:30 Hörsaal 15 Oskar-Morgenstern-Platz 1 2.Stock
Mittwoch 03.04. 11:30 - 16:30 Hörsaal 15 Oskar-Morgenstern-Platz 1 2.Stock

Information

Ziele, Inhalte und Methode der Lehrveranstaltung

Business resolves around making decisions. Leaders, managers, and everybody else frequently need to make important decisions, often with very limited information and under considerable uncertainty. The purpose of the class is to familiarize students with normative and descriptive approaches to decision making and to enable them to analyze and understand the challenges of decision making in organizations. The course will consist of a mixture of lectures, decision making exercises and case studies. During the class we will talk about fundamental decision making concepts and then discuss them in the context of typical management decisions in organizations. We will focus in particular on the challenges for strategic decision making in organizations that are posed by uncertainty and the different approaches how decision makers can deal with them.

Introduce students to the analytic concepts necessary to understand and analyze management decision making in different contexts

Help students to understand and appreciate the crucial importance of randomness and luck in strategic decision making

Enable students to recognize (and name) predictable decision traps in their own decisions and decisions of others

Improve the ability of students to make decisions themselves

Art der Leistungskontrolle und erlaubte Hilfsmittel

Your final grade will be determined based on three components:

Class participation (max 20 points)

Group project (max 40 points)

Individual final paper (max 40 points)

Mindestanforderungen und Beurteilungsmaßstab

You need to achieve a total of at least 50 points in order to pass the class.

Please note that you will start working on the group project during our fourth session so it is essential that you attend this session. You will have 24h to complete the project (including class time).

The topic for the individual final paper will be given to you at the end of our last session and you will have 14 days to complete it.

Prüfungsstoff

Lectures, cases, class discussions
Language: The course is held in English

Literatur


Zuordnung im Vorlesungsverzeichnis

Letzte Änderung: Fr 06.09.2019 09:47