Behavioural Finance
PostgraduateTAS-BEA7082024
Course information for 2024 intake View information for 2025 course intake
Enrolments for this course are closed, but you may have other options to start studying now. Book a consultation to learn more.
- Study method
- 100% online
- Assessments
- 100% online
- Entry requirements
- Part of a degree
- Duration
- 14 weeks
- Loan available
- HECS-HELP and FEE-HELP available
Behavioural Finance
About this subject
Upon completion of this subject, the student should be able to:
- Assess the differences between a behavioural finance perspective and a traditional finance perspective
- Critique how behavioural biases can affect the decisions of investors and finance practitioners
- Propose practical financial decision-making improvements using behavioural finance theories and conceptions
- Communicate financial advice based on behavioural finance to different finance stakeholder groups
- Module 1: Foundations of Finance I: Expected Utility Theory
- Module 2: Foundations of Finance II: Asset Pricing, Market Efficiency, and Agency Relationships
- Module 3: Prospect Theory, Framing, and Mental Accounting
- Module 4: Challenges to Market Efficiency
- Module 5: Heuristics and Biases, and its implications for Financial Decision-Making
- Module 6: Overconfidence and its implications for Financial Decision-Making
- Module 7: Individual Investors and the Force of Emotion
- Module 8: Do Behavioural Factors Explain Stock Market Puzzles?
- Module 9: Rational Managers and Irrational Investors
- Module 10: Behavioural Corporate Finance and Managerial Decision-Making
- Module 11: Behavioural Investing
The purpose of the subject is to build an applied understanding of the psychological biases which influence financial decision-making. The behavioural finance perspective of decision-making is contrasted with more traditional finance perspectives. This enables a unique interpretation of market anomalies and asset pricing bubbles. The applications of the subject are across corporate finance and investment management.
- Quizzes x 2 (20%)
- Assignment (40%)
- Group Assignment (40%)
For textbook details check your university's handbook, website or learning management system (LMS).
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- 20
- Times Higher Education Ranking 2024:
- 19
Entry requirements
Part of a degree
To enrol in this subject you must be accepted into one of the following degrees:
Core
- TAS-BHI-GCE-2024 - Graduate Certificate in Behavioural Insights
- TAS-FIN-MAS-2024 - Master of Finance
- TAS-FIN-GDI-2024 - Graduate Diploma of Finance
Additional requirements
- Other requirements - Teaching Arrangement: Pre-recorded lectures provided online, every week (13 weeks), up to 1.5 hours per lecture (3-5 short lectures of maximum 20 minutes each). Online students will join on-campus students via Zoom for 4 blocks of 3 hour workshops, 180 minutes per workshop. Any students located in Hobart who wish to attend in person may discuss this with the Unit Coordinator to see what options may exist.
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.
Related degrees
Once you’ve completed this subject it can be credited towards one of the following courses
Graduate Certificate in Behavioural Insights
PostgraduateTAS-BHI-GCE
PostgraduateTAS-FIN-MAS
PostgraduateTAS-FIN-GDI