An LMU Munich course on Coursera by Tobias Kretschmer that looks at how businesses behave when their strategic choices depend on each other. It uses the basic tools of game theory to analyse how firms compete, cooperate and respond. More analytical than a general strategy course — rewarding if you enjoy thinking through strategic interaction rigorously.
Good for: Understanding competitive strategy through the lens of game theory.
Less suitable if: You want general business strategy without the analytical/game-theory angle.
Requirements: Comfort with logical, analytical reasoning helps; no advanced maths needed.
Realistic time: Around 12–15 hours over a few weeks.
About this course
Competitive Strategy looks at how businesses behave when their strategic choices depend on each other. From LMU Munich and instructor Tobias Kretschmer, it uses the basic tools of game theory to analyse how firms pick strategies to gain competitive advantage — pricing, entry, signalling, and more — across six modules.
What you'll learn
Analyse situations where strategic decisions are interdependent
Apply basic game theory to business strategy
Understand how firms gain competitive advantage
Reason about pricing, entry, and signalling
Anticipate competitors' likely moves
Build a structured strategic-thinking toolkit
This course includes
Yes
Certificate
Yes
Mobile access
English
Language
What it costs
You can audit the course free on Coursera. A certificate needs a Coursera subscription (about $49/month) or Coursera Plus, with financial aid available.
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A LMU Munich certificate on Coursera is a credible learning record. It is a course certificate rather than a professional qualification or degree.
Last updated
Instructor
TK
Tobias Kretschmer
Coursera instructor
Tobias Kretschmer is a professor at LMU Munich (Ludwig-Maximilians-Universität) specialising in strategy and organisation. His teaching is known for making game-theory-based strategy accessible and even entertaining through clear examples.