- Faculty of Engineering Sciences
- Teaching department
- UCL School of Management
- Credit value
- MSIN0031 is only available to 3rd year BSc/MSci Information Management for Business students.
Alternative credit options
There are no alternative credit options available for this module.
This module will cover practically applicable theories of individual and group decision-making with a strong emphasis on experiential learning. Students will learn about the rational decision-making model and why it usually does not work. Then, they will engage in numerous experiential learning exercises that are designed to demonstrate the heuristics and biases that people rely on to help them make quick decisions. Students will experience first-hand that their decisions are often ill-informed and lead to failure. Next, they will learn how factors such as emotions, awareness, uncertainty, risks, creativity and ethics affect their decision-making as well as how to improve their decision-making. The last third of the module will focus on decision-making in groups. Group processes can lead to catastrophic decision making failures and learning how to avoid them will be key in this section of the module.
Module deliveries for 2020/21 academic year
Intended teaching term: Term 1 Undergraduate (FHEQ Level 6)
Teaching and assessment
- Mode of study
- Methods of assessment
50% Unseen Examination (2 Hours)25% Essay (1000 words)25% Essay (1000 words)
- Mark scheme
- Numeric Marks
- Number of students on module in previous year
- Module leader
- Dr Verena Krause
- Who to contact for more information
This module description was last updated on 5th March 2020.