Decision Making and Risk Analysis
MANAGE RISK WITH CONFIDENCE
Success in today's volatile business environment hinges on the understanding of risk and opportunity, with data-driven management, analytics, and strategic planning becoming crucial skills for executives. Organizations must learn how to be resilient and agile, and leaders must rethink how to drive growth and manage risk.
The Decision Making and Risk Analysis program from Texas Executive Education at The McCombs School of Business is designed by expert faculty with global, cross-industry experience in decision analysis and risk management. Through a combination of expert insights, application-based activities, case studies, and peer learning, the six-week curriculum empowers business leaders to make informed decisions, mitigate risk, and drive growth in an unpredictable environment.
Faculty Director; Professor of Information, Risk, and Operations Management
“In today’s increasingly complex business environment, decisions carry high levels of risk, but being skilled in risk analysis gives leaders an advantage. The Decision Maki...
PARTICIPANT PROFILE
The Decision Making and Risk Analysis program is ideal for:
Business leaders looking for a reliable set of frameworks to help them evaluate current trends, navigate high-risk decisions, and develop proactive risk management strategies that do not disrupt organizational growth
Mid- to senior-level managers who are interested in acquiring tools and techniques that will help them identify and manage global risks, conduct more effective scenario planning, and create risk mitigation plans
Project managers looking for tools to help them assess and create risk mitigation plans to meet timelines, budgets, and quality standards
CURRICULUM
This six-week program enables participants to gain hands-on experience in tackling risk and facilitating informed decision making in today's unpredictable business environment.
Risk is an inherent part of decision making, but understanding the level of uncertainty can help organizations choose the right framework for analyzing a decision. Learn how to evaluate investment decisions for risk factors and discover best practices for managing risk.
Understanding risk and how to manage it can help organizations make more informed decisions. Learn how to conduct effective probability assessments that can be used for decision making and risk management.
Now that you know the essentials of probability, how can you leverage it in the decision-making process? Learn how to conduct effective probability assessments that can be used for decision making and risk management.
Biases can impact the quality of probability assessments, so how do you ensure their quality before entering the decision-making process? Discover how to remove bias from probability assessments, and determine whether someone is good at assessing probability.
Minimizing real-world risk requires leaders to examine the more nuanced aspects of an opportunity. Practice applying the decision-making framework to evaluate a risk you may encounter: investing in solar panels for your home.
Become proficient at identifying potential risks in a broad range of situations and evaluating the likelihood and impact of each risk. Then, immerse yourself in a case study, and practice applying your knowledge of risk management to help power plants make informed decisions that mitigate risk.
KEY PROGRAM FEATURES
Expert Faculty
Gain in-depth insights from world-renowned faculty who are also expert practitioners with long-standing industry experience.
Case Studies
Engage in case studies to practice applying your knowledge of risk management and make informed decisions that minimize risk.
Peer Learning
Interact and share insights with like-minded business leaders from across industries around the world.
Application-Based Activities
Practice applying concepts such as probability trees and risk matrices to assess risk for your organization.
Weekly Office Hours
Attend optional live weekly office hours with your course leader to ask questions about program material.
Self-Paced Learning
Work at your own pace by accessing the week's sessions at your convenience.
Minimal Weekly Commitment
Balance learning with your busy work schedule by dedicating just four to six hours each week to program sessions and learning activities.
Certificate of Completion
Earn a certificate of completion from the University of Texas at Austin, McCombs School of Business.
MEET THE FACULTY
Faculty Director; Professor of Information, Risk, and Operations Management
R. Britt Freund has spent the bulk of his almost 30-year academic career focused on the industry. In addition to delivering graduate programs on project management, operations...
Professor and Director of the Graduate Program in Operations Research and Industrial Engineering (Walker Department of Mechanical Engineering)
Eric Bickel’s research interests include the theory and practice of decision analysis. His work has addressed the modeling of probabilistic dependence, value of information, s...
CERTIFICATE
Upon successful completion of the program, participants will be awarded a certificate and a digital badge from the University of Texas at Austin, McCombs School of Business.
After successful completion of this program, your digital certificate will be emailed to you in the name you used when registering for the program. All certificate images are for illustrative purposes only and may be subject to change at the discretion of the University of Texas at Austin.
Note: This program does not grant academic credit or a degree from The McCombs School of Business.
FAQs
How do I know if this program is right for me?
After reviewing the information on the program landing page, we recommend you submit the short form above to gain access to the program brochure, which includes more in-depth information. If you still have questions on whether this program is a good fit for you, please email learner.success@emeritus.org, and a dedicated program advisor will follow-up with you very shortly.
Are there any prerequisites for this program?
Some programs do have prerequisites, particularly the more technical ones. This information will be noted on the program landing page, as well as in the program brochure. If you are uncertain about program prerequisites and your capabilities, please email us at the ID mentioned above.
Note that, unless otherwise stated on the program web page, all programs are taught in English and proficiency in English is required.
What is the typical class profile?
More than 50 percent of our participants are from outside the United States. Class profiles vary from one cohort to the next, but, generally, our online certificates draw a highly diverse audience in terms of professional experience, industry, and geography — leading to a very rich peer learning and networking experience.
What other dates will this program be offered in the future?
Check back to this program web page or email us to inquire if future program dates or the timeline for future offerings have been confirmed yet.
How much time is required each week?
Each program includes an estimated learner effort per week. This is referenced at the top of the program landing page under the Duration section, as well as in the program brochure, which you can obtain by submitting the short form at the top of this web page.
How will my time be spent?
We have designed this program to fit into your current working life as efficiently as possible. Time will be spent among a variety of activities including:
Engaging with recorded video lectures from faculty
Attending webinars and office hours, as per the specific program schedule
Reading or engaging with examples of core topics
Completing knowledge checks/quizzes and required activities
Engaging in moderated discussion groups with your peers
Completing your final project, if required
The program is designed to be highly interactive while also allowing time for self-reflection and to demonstrate an understanding of the core topics through various active learning exercises. Please email us if you need further clarification on program activities.
What is it like to learn online with the learning collaborator, Emeritus?
More than 300,000 learners across 200 countries have chosen to advance their skills with Emeritus and its educational learning partners. In fact, 90 percent of the respondents of a recent survey across all our programs said that their learning outcomes were met or exceeded. All the contents of the course would be made available to students at the commencement of the course. However, to ensure the program delivers the desired learning outcomes the students may appoint Emeritus to manage the delivery of the program in a cohort-based manner the cost of which is already included in the overall course fee of the course. A dedicated program support team is available 24/5 (Monday to Friday) to answer questions about the learning platform, technical issues, or anything else that may affect your learning experience.
How do I interact with other program participants?
Peer learning adds substantially to the overall learning experience and is an important part of the program. You can connect and communicate with other participants through our learning platform.
What are the requirements to earn the certificate?
Each program includes an estimated learner effort per week, so you can gauge what will be required before you enroll. This is referenced at the top of the program landing page under the Duration section, as well as in the program brochure, which you can obtain by submitting the short form at the top of this web page. All programs are designed to fit into your working life. This program is scored as a pass or no-pass; participants must complete the required activities to pass and obtain the certificate of completion. Some programs include a final project submission or other assignments to obtain passing status. This information will be noted in the program brochure. Please email us if you need further clarification on any specific program requirements.
What type of certificate will I receive?
Upon successful completion of the program, you will receive a smart digital certificate. The smart digital certificate can be shared with friends, family, schools, or potential employers. You can use it on your cover letter, resume, and/or display it on your LinkedIn profile. The digital certificate will be sent approximately two weeks after the program, once grading is complete.
Can I get the hard copy of the certificate?
No, only verified digital certificates will be issued upon successful completion. This allows you to share your credentials on social platforms such as LinkedIn, Facebook, and Twitter.
Do I receive alumni status after completing this program?
No, there is no alumni status granted for this program. In some cases, there are credits that count toward a higher level of certification. This information will be clearly noted in the program brochure.
How long will I have access to the learning materials?
You will have access to the online learning platform and all the videos and program materials for 12 months following the program start date. Access to the learning platform is restricted to registered participants per the terms of agreement.
What equipment or technical requirements are there for this program?
Participants will need the latest version of their preferred browser to access the learning platform. In addition, Microsoft Office and a PDF viewer are required to access documents, spreadsheets, presentations, PDF files, and transcripts.
Do I need to be online to access the program content?
Yes, the learning platform is accessed via the internet, and video content is not available for download. However, you can download files of video transcripts, assignment templates, readings, etc. For maximum flexibility, you can access program content from a desktop, laptop, tablet, or mobile device.
Video lectures must be streamed via the internet, and any livestream webinars and office hours will require an internet connection. However, these sessions are always recorded, so you may view them later.
Can I still register if the registration deadline has passed?
Yes, you can register up until seven days past the published start date of the program without missing any of the core program material or learnings.
What is the program fee, and what forms of payment do you accept?
The program fee is noted at the top of this program web page and usually referenced in the program brochure as well.
Flexible payment options are available (see details below as well as at the top of this program web page next to FEE).
Tuition assistance is available for participants who qualify. Please email
What if I don’t have a credit card? Is there another method of payment accepted?
Yes, you can do the bank remittance in the program currency via wire transfer or debit card. Please contact your program advisor, or email us for details.
I was not able to use the discount code provided. Can you help?
Yes! Please email us with the details of the program you are interested in, and we will assist you.
How can I obtain an invoice for payment?
Please email us your invoicing requirements and the specific program you’re interested in enrolling in.
Is there an option to make flexible payments for this program?
Yes, the flexible payment option allows a participant to pay the program fee in installments. This option is made available on the payment page and should be selected before submitting the payment.
How can I obtain a W9 form?
Please connect with us via email for assistance.
Who will be collecting the payment for the program?
Emeritus collects all program payments, provides learner enrollment and program support, and manages learning platform services.
Are there any restrictions on the types of funding that can be used to pay for the program?
Program fees for Emeritus programs with Texas Executive Education at the McCombs School of Business may not be paid for with (a) funds from the GI Bill, the Post-9/11 Educational Assistance Act of 2008, or similar types of military education funding benefits or (b) Title IV financial aid funds.
What is the program refund and deferral policy?
For the program refund and deferral policy, please click the link here.
Didn’t find what you were looking for? Write to us at learner.success@emeritus.org or Schedule a call with one of our Program Advisors or call us at +1 361 344 4980 (US) / +44 13 8443 7887 (UK) / +65 3138 4361 (SG)
Flexible payment options available.
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