IIM Ahmedabad
Certificate

Decision Making Using Game Theory

Learn core game theory frameworks through application-based sessions to transform your and your organisation’s performance. Gain hands-on experience with effective decision-making through games, experiments, and analysis of real-world examples. Acquire industry insights through sessions taught by an award-winning Indian Institute of Management, Ahmedabad (IIMA) faculty member.

Enrolments will open soon!

Classes start on September 14, 2023.

6 weeks

6-8 hours per week including sessions. May vary student to student.

₹100,000 INR / $1200 USD

Flexible payment options available while enroling

100% online

2 live sessions per week (Read FAQ for details). Taught in English.

Make game theory a launchpad for your career growth.

Earn a certificate from India’s top-ranked management institute

Get a taste of IIMA's on-campus learning with this online certificate, modelled after an elective course under their PGP (MBA) programme. Earn your certificate from the top business school in India, as ranked by NIRF, Businessworld and The Week.

Enhance your strategic-thinking skills with game theory

Learn behavioural economics and strategy concepts such as Nash equilibrium, prisoner’s dilemma, network effects that have applications across business domains, economics, political science, psychology and computer science. Acquire a competitive edge through enhanced strategic-thinking, structured problem-solving and optimal decision-making in complex situations.

Get the interactive IIMA classroom experience, online

Immerse yourself in a fully interactive and live learning experience through real-life case studies, games and experiments based on theory. Engage in enriching online sessions with your instructor wherein you brainstorm ideas, apply theories, and analyse real-world problems with peers.

Overview DMGT IIMA

Programme description

Learn to apply core game theory frameworks across industries and functions to create winning strategies

Required background

There are no formal prerequisites required to enrol in this programme. While having some work experience would be beneficial, it is not necessary.

The programme is designed for:

  • Working professionals who want to transition to or advance in general management roles
  • Mid-senior level managers who want to excel in their roles by developing strategic and decision-making skills
  • Entrepreneurs
  • Early professionals and graduate students seeking opportunities to apply game theory in their current role or field

    .

Skills you will gain

  • Decision-making
  • Strategic thinking
  • Problem-solving
  • Critical thinking
  • Risk management
  • Innovation
  • Negotiation

Overview

In this programme, you'll discover how game theory offers valuable frameworks to navigate uncertainty and apply science to strategy. Game theory has applications across business, advertising, digital markets, M&A, cartels, and innovation.

You'll learn from an award-winning instructor who brings extensive research and consulting experience to his lessons. You will learn not just the theory behind behavioural economics concepts like Nash equilibrium, prisoner's dilemma, and winner’s curse but also get a chance to apply them through games, experiments, real-world case studies and corporate scenarios in engaging live sessions.

In the process, you'll answer some key questions like:

  • How do modern businesses operate?
  • Why is culture so difficult to change at firms and in economies?
  • What is the unicorn mania that is trending these days?
  • Why did Hyundai offer a 5-year warranty when the standard norm was 3 years?
  • Why is winning risky in markets with uncertainty?

By the end of the programme, you will learn to:

  1. Devise winning strategies by understanding trade-offs between choices and competitive responses
  2. Make optimal decisions in complex and uncertain situations using game theory frameworks
  3. Use structured problem-solving and strategic-thinking to tackle complex problems

IIM Ahmedabad is one of the leading management institutes in India and globally, renowned for its research-driven learning and industry-aligned practices.

Want to learn more about this programme? Visit our FAQs section or contact exed@iima.ac.in.

This programme features 3 modules, which are taught through 12 live sessions.

Course 1 of 3

Course 2 of 3

Course 3 of 3

Instructors

Frequently asked questions

If you need further assistance, please email exed@iima.ac.in with any questions.