BUMGT5980 Managerial Decision Making
This course focuses on enhancing students' understanding of problem solving and decision making processes in management practice, from a critical perspective on managerial thinking and action as an art of practical wisdom and sound judgment. Coursework and research-based assessment may include interactive group work, role play, case studies and situational exercises where students apply analytical reasoning and adaptive-creative methods of decision making to successfully manage organisational problems. Specific tools and techniques are used to illustrate the complexity of managers' roles in defining problems; generating, evaluating and implementing solutions; balancing rationality and intuition; and making group decisions.
Commonwealth supported place (CSP)
A CSP is subsidised by the Australian Government and students pay a contribution amount. Each unit is classified into a band, depending on the study area of the unit (this discipline may be different from the study area of your course).
2025 contribution amount* $2,124
2025 grandfathered contribution amount* $1,663
Grandfathered contribution amount - if you are a continuing student, who commenced your course before 1 January 2021, you will continue paying the same amount as you would have, had legislative reforms not been implemented, for any units that would otherwise have an increased student contribution amount.
* For Clinical Psychology & Professional Pathways bands the unit fee amount is determined by accredited courses. Students in Postgraduate Clinical Psychology, Professional Pathway Psychology or Professional Pathway Social Work accredited courses should refer to the information below.