Analysing risk for decision makers
Credit Type:
For-Credit
Credits Available:
15 Credits
Course Level:
Postgraduate
Academic Direction:
University College London
About the course
This course provides the knowledge, understanding and skills to develop risk analysis within decision making and apply tools to proposed investment opportunities. It develops skills that contribute to constructing a robust business case which demonstrates that key risks have been identified, analysed and evaluated. Areas include:
-data analysis;
-structuring decisions;
-building decision models;
-risk assessment and trade-offs.
By the end of the course, you will be able to identify and select appropriate types of analyses to improve decision making under uncertainty and add value.
Recommended learning hours: 150
Microcredential Specification - Analysing risk for decision makers
Course details
- Credit Type: For-Credit
- Study Method: Online, flexible
- Learning Outcomes: On successful completion of this course, students will be able to:
- Develop and apply specific skills in the areas of data analysis in the context of decision making under uncertainty.
- Structure decisions and build accompanying decision models.
- Select and apply risk-related decision models and evaluate the outputs.
- Build robust investment opportunity business cases.
- Minimise the impact of decision-making deficiencies which degrade the quality of decisions.
- Identify and apply methods and tools to facilitate trade-offs between competing value metrics and objectives.
- Career Opportunity: Those completing this microcredential are well placed for roles related to risk, investment and business analysis, project management or operational planning. The skills gained also support careers in policy analysis, consultancy, financial services and any field where robust risk evaluation, scenario modelling and evidence‑based decision-making are required.
- Target Learners: This course is designed for learners who aim to strengthen their ability to make sound decisions under uncertainty. It suits individuals working in environments where investment appraisal, data-driven evaluation and structured decision-making are central. It is particularly relevant for those seeking confidence in using analytical tools to identify and assess key risks in strategic or operational contexts.
- Estimated Time to Complete: 10-20 weeks
- Maximum Registration Period: 1 Year
- Entry Requirements: To be eligible for the course, you must have:
- an undergraduate degree which is considered at least comparable to a UK third class bachelor’s degree , OR
- at least two years’ relevant professional experience at a graduate level, AND
- a high standard of English, equivalent to an IELTS score of at least 6.5 overall with 6.0 in the written test, or a Duolingo score of at least 120.
- Tech/Computer Requirements: We set minimum computer and web access requirements for online study. These are updated from time and can be found at https://www.london.ac.uk/study/how-apply/computer-requirements.
- Prior Knowledge: This is a UK postgraduate academic course – if you do not have the required educational or professional background, you will likely find it very challenging. While you can self-certify that you meet the admissions criteria, we reserve the right to ask you for evidence of your qualifications at any time.
- Skills Acquired:
- Data analysis for decision support
- Decision structuring and modelling
- Investment risk analysis and modelling
- Business case development
- Managing uncertainty and trade-off analysis
- Start Anytime? Yes
Microcredential Courses
- Course Level
- Postgraduate
- Subject Area
- ACAFM Accounting and Financial Management
- Academic Direction
- University College London