OUR ACADEMIC DEPARTEMENTS |
Lesson details
 | ENTREPRENEURIAL DECISION MAKING | ||
2018-2019 | EnIESEG School of Management
(
IÉSEG
)
| ||
Class code : | 1819-IÉSEG-M1S2-ENT-MA-EI06UE | ENTREPRENEURSHIP | |
| Level | Year | Period | Language of instruction |
|---|---|---|---|
| Master | 1 | S2 | EnEnglish |
| Academic responsibility | G.MOURMANT |
|---|---|
| Lecturer(s) | Gaëtan MOURMANT |
- This class exists in these courses :
- IÉSEG > IESEG Degree - Programme Grande École > Semester 2 > 2,00 ECTS
Prerequisites
No specific pre-requisites
Learning outcomes
One of the challenge of the entrepreneur is to make very fast decision with a very limited amount of reliable information. In those situations, entrepreneurs are reporting using rational decision making, but also intuition.
The aim of this course is to understand and practically develop one's entrepreneurial decision making’s skills.
At the end of the course, the student should be able to:
To understand the current debate about entrepreneurial intuition vs. rational decision making, as well as practically knowing when he/she can trust his/her own decision making processes and how to develop them.
Course description
The following questions will be treated :
- Developing a rational business model
- Training the brain and the “expert intuition”
- How and when entrepreneurs are reporting using their intuition?
- Under which circumstances intuition can be used?
- When analytical reasoning should be used compared to intuition?
- The relationship between personality and intuition?
- In-depth discussion on the study of cognitive biases in entrepreneurship
Class type
Class structure
| Type of course | Numbers of hours | Comments | |
|---|---|---|---|
| Independent study | |||
| Estimated personal workload | 4,00 | ||
| Independent work | |||
| Reference manual 's readings | 8,00 | ||
| Face to face | |||
| Interactive class | 16,00 | ||
| Total student workload | 28,00 | ||
Teaching methods
- E-learning
- Interactive class
- Presentation
- Project work
- Research
Assessment
Evaluation of the correct theoretical understanding of the concepts
Evaluation of the correct application of the concepts in various situations.
| Type of control | Duration | Number | Percentage break-down |
|---|---|---|---|
| Others | |||
| Group Project | 6,00 | 1 | 100,00 |
| TOTAL | 100,00 | ||
Recommended reading
- ARIELY, D. (2009). Predictably irrational, revised and expanded edition: The hidden forces that shape our decisions. HarperCollins -
- DANE E and PRATT MG (2007) Exploring Intuition and Its Role in Managerial Decision Making. Academy of Management Review 32(1), 33-54. -
- THOMAS, O. (2018). Two decades of cognitive bias research in entrepreneurship: What do we know and where do we go from here?. Management Review Quarterly, 68(2), 107-143. -
- SHEPHERD, D. A., WILLIAMS, T. A., & PATZELT, H. (2015). Thinking about entrepreneurial decision making: Review and research agenda. Journal of management, 41(1), 11-46. -
* This information is non-binding and can be subject to change
