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BMBA70-830: Effective Decision Making

Description

Decision-making is one of the key tasks of a manager. This intensive MBA subject offers a multi-disciplinary perspective on decision-making, with a specific emphasis on ethical, responsible and sustainable considerations for effective decisions. The subject will also explore obstacles and common mistakes to effective decision-making and approaches for overcoming them.

Subject details

Type: Postgraduate Subject
Code: BMBA70-830
EFTSL: 0.063
Faculty: Bond Business School
Semesters offered:
  • January 2024 [Non-Standard Offering]
  • September 2024 [Non-Standard Offering]
  • January 2025 [Non-Standard Offering]
Credit: 5
Study areas:
  • Business, Commerce, and Entrepreneurship
Subject fees:
  • Commencing in 2023: $2,725.00
  • Commencing in 2024: $2,780.00
  • Commencing in 2025: $2,840.00
  • Commencing in 2023: $2,930.00
  • Commencing in 2024: $3,110.00
  • Commencing in 2025: $3,250.00

Learning outcomes

  1. Apply knowledge of decision-making models and techniques to implement effective approaches for individual and group decisions.
  2. Recognise the biases, heuristics and other obstacles to effective decision-making and explain how these can be overcome.
  3. Explain the role and importance of ethics, values and character to effective decision-making.

Enrolment requirements

Requisites:

Nil

Assumed knowledge:

Assumed knowledge is the minimum level of knowledge of a subject area that students are assumed to have acquired through previous study. It is the responsibility of students to ensure they meet the assumed knowledge expectations of the subject. Students who do not possess this prior knowledge are strongly recommended against enrolling and do so at their own risk. No concessions will be made for students’ lack of prior knowledge.

Restrictions: This subject is not available to
  • Study Abroad Students

Must be admitted into an MBA Affiliated Program.

This subject is not available as a general elective. To be eligible for enrolment, the subject must be specified in the students’ program structure.

Subject dates

  • Non-Standard Offering
    Enrolment opens: 12/11/2023
    Semester start: 11/03/2024
    Subject start: 11/03/2024
    Cancellation 1: 18/03/2024
    Cancellation 2: 19/03/2024
    Last enrolment: 16/03/2024
    Withdraw - Financial: 24/03/2024
    Withdraw - Academic: 31/03/2024
    Teaching census: 23/03/2024
  • Non-Standard Offering
    Enrolment opens: 14/07/2024
    Semester start: 04/11/2024
    Subject start: 04/11/2024
    Cancellation 1: 11/11/2024
    Cancellation 2: 12/11/2024
    Last enrolment: 09/11/2024
    Withdraw - Financial: 17/11/2024
    Withdraw - Academic: 24/11/2024
    Teaching census: 16/11/2024
  • Non-Standard Offering
    Enrolment opens: 10/11/2024
    Semester start: 17/03/2025
    Subject start: 17/03/2025
    Cancellation 1: 24/03/2025
    Cancellation 2: 25/03/2025
    Last enrolment: 22/03/2025
    Withdraw - Financial: 30/03/2025
    Withdraw - Academic: 06/04/2025
    Teaching census: 29/03/2025
Non-Standard Offering
Enrolment opens: 12/11/2023
Semester start: 11/03/2024
Subject start: 11/03/2024
Cancellation 1: 18/03/2024
Cancellation 2: 19/03/2024
Last enrolment: 16/03/2024
Withdraw - Financial: 24/03/2024
Withdraw - Academic: 31/03/2024
Teaching census: 23/03/2024