| Short Description: | Investor Psychology & Wlth Mgt |
| Units : | 1 |
| Faculty or Section : | Faculty of Business, Education, Law and Arts |
| School or Department : | School of Commerce |
| Student contribution band : | Band 3 |
| ASCED code : | 081101 - Banking and Finance |
| Grading basis : | Graded |
Requisites
Pre-requisite: FIN8201 or Students must be enrolled in one of the following Programs: GDBZ or MBSI
Synopsis
This course introduces behavioural finance and identifies its implications for investment decision-making and wealth management. The ways in which normal decision-making is shaped by heuristics and characterised by persistent biases is explored and some of the main theoretical frameworks of orthodox finance, including portfolio theory and efficient markets, are reimagined from the behavioural perspective. The specific implications of investor psychology for the process of wealth management are developed in the second part of the course. Overall, the course provides an accessible introduction to behavioural finance and provides students with the opportunity to develop tools that facilitate a more sophisticated approach to wealth management in a context shaped by investor psychology.
Course offers
| Semester | Mode | Campus |
|---|---|---|
| Semester 2, 2020 | Online |