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MG209: Bargaining and Negotiation: Interests, Information, Strategy and Power


Course Content:

Negotiating skills are crucial to both our professional and personal lives. We negotiate every day about issues as important as employment contracts and as trivial as which film to see with a friend. Although some level of natural ability is important, like any other skill, one's ability to perform in negotiation is also determined by one’s formal training and experience/practice.

Note: This course is for beginners who have minimal previous experience in negotiation and have not taken any courses in negotiation. If you are already familiar with negotiation and negotiation theory, please consider taking MG300 instead.

MG209 will develop students’ skills through both formal training and practice. Specifically, this course will introduce students to the strategic, psychological, and cultural aspects of negotiations as well as practical tips gleaned from negotiation research. 

This intensive three-week course covers:

  • Distributive and integrative negotiation
  • Biases in negotiation
  • Negotiation styles
  • Ethics, trust, and relationship-building  
  • Communication in negotiations
  • Emotions in negotiations
  • Power and Influence
  • Creativity and problem solving
  • Culture in negotiations
  • Behaviours of skilled negotiators

Course Outcomes

Reflecting the pedagogical approach of the LSE, particular attention will be paid to developing your understanding of when and why particular techniques are effective so that they can be applied appropriately to all kinds of negotiation situations. You will also; 

  • Learn concrete steps to help conduct effective negotiations
  • Gain the opportunity to put theory into practice, by participating in, reflecting on, and receiving feedback about a variety of negotiation situations from two-party transactional negotiations to multi-party multi-issue negotiations
  • Develop a personal development plan to aid your continuous improvement as a negotiator through reflecting on your own personal strengths and weaknesses.

World-class LSE teaching

The Department of Management was established in 2000, and is committed to advancing the frontiers of the study of management, through its social-science based research, collaboration across the entire LSE, and its engagement with enterprises, organisations, and leaders throughout the world. The 2014 Research Excellence Framework has ranked LSE as the UK higher education leader for Business and Management Studies.

On this three week intensive programme, you will engage with and learn from full-time lecturers from the LSE.


Thompson, L. L. (2012). The mind and heart of the negotiator (5th ed.). Prentice Hall.

*A more detailed reading list will be supplied prior to the start of the programme

**Course content, faculty and dates may be subject to change without prior notice



Session: One

Dates: 19 June - 7 July 2017

Dr Tara Reich 
Dr Connson Locke

Level: 200 level

Fees: Click here for information

Prerequisites: A university level introductory course in psychology, sociology, political science or management.

Lectures: 36 hours 

Classes: 18 hours

Assessment*: The assessment in this course will be based on participation in classroom-based negotiation simulations (20%) and a two-hour, unseen written examination (80%).

Typical credit**: 3-4 credits (US)
7.5 ECTS points (EU)

How to apply?

Join our mailing list and access detailed course outline

*assessment is optional – see FAQs

**You will need to check with your home institution. Read more about credit transfer here.