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FINC499 Special Topic: Behavioural Finance

Provides insights from psychology to explain financial market behaviour. Provides hands-on experience using SAS and Bloomberg to examine the relationship between investors’ trading patterns and anomalous behaviour of asset prices.

Behavioural finance helps us understand the psychological factors that drive changes in market prices. Recent research shows that majority of the stock market anomalies are driven by investors’ behavioural biases. Almost all investment funds use behavioural finance theories to manage investments. For example, most factor-based investing (e.g., investing to capture momentum, high dividend yield, or small size premium risk factors) is linked to behavioural finance theories. Furthermore, several investment companies have launched specialised “behavioural funds”. Some of the largest behavioural funds are issued by JP Morgan and Fuller & Thaler Asset Management. Behavioural finance is also a significant component of all the CFA exams: Levels I, II, and III. Therefore, behavioural finance graduates are in high demand.

Paper title Special Topic: Behavioural Finance
Paper code FINC499
Subject Finance
EFTS 0.1667
Points 20 points
Teaching period Semester 1 (On campus)
Domestic Tuition Fees (NZD) $1,132.73
International Tuition Fees Tuition Fees for international students are elsewhere on this website.

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Eligibility

Suitable for graduates and professionals of all disciplines interested in working with financial institutions.

Contact

accountancyfinance@otago.ac.nz

Teaching staff

Co-ordinator & Lecturer: Dr. Muhammad A. Cheema

Textbooks

Ackert, L & Deaves, R 2010, Behavioral Finance: Psychology, Decision-Making, and Markets, 1st edn, Cengage Learning.

Graduate Attributes Emphasised

Information Literacy, Critical Thinking, Teamwork, Communication
View more information about Otago's graduate attributes.

Learning Outcomes

Students who successfully complete the paper will demonstrate in-depth understanding of how individuals make financial decisions and guidance on improving financial decision-making in themselves and others.

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Timetable

Semester 1

Location
Dunedin
Teaching method
This paper is taught On Campus
Learning management system
None

Computer Lab

Stream Days Times Weeks
Attend
A1 Thursday 11:00-11:50 9-14

Lecture

Stream Days Times Weeks
Attend
A1 Monday 12:00-12:50 9-15, 18-22
Wednesday 15:00-16:50 9-15, 17-22

Provides insights from psychology to explain financial market behaviour. Provides hands-on experience using SAS and Bloomberg to examine the relationship between investors’ trading patterns and anomalous behaviour of asset prices.

Behavioural finance helps us understand the psychological factors that drive changes in market prices. Recent research shows that majority of the stock market anomalies are driven by investors’ behavioural biases. Almost all investment funds use behavioural finance theories to manage investments. For example, most factor-based investing (e.g., investing to capture momentum, high dividend yield, or small size premium risk factors) is linked to behavioural finance theories. Furthermore, several investment companies have launched specialised “behavioural funds”. Some of the largest behavioural funds are issued by JP Morgan and Fuller & Thaler Asset Management. Behavioural finance is also a significant component of all the CFA exams: Levels I, II, and III. Therefore, behavioural finance graduates are in high demand.

Paper title Special Topic: Behavioural Finance
Paper code FINC499
Subject Finance
EFTS 0.1667
Points 20 points
Teaching period Semester 1 (On campus)
Domestic Tuition Fees Tuition Fees for 2023 have not yet been set
International Tuition Fees Tuition Fees for international students are elsewhere on this website.

^ Top of page

Eligibility

Suitable for graduates and professionals of all disciplines interested in working with financial institutions.

Contact

accountancyfinance@otago.ac.nz

Teaching staff

Co-ordinator & Lecturer: Dr. Muhammad A. Cheema

Teaching Arrangements

Lectures

Bloomberg Terminal Sessions

Textbooks

Ackert, L & Deaves, R 2010, Behavioral Finance: Psychology, Decision-Making, and Markets, 1st edn, Cengage Learning.

Graduate Attributes Emphasised

Information Literacy, Critical Thinking, Teamwork, Communication
View more information about Otago's graduate attributes.

Learning Outcomes

Students who successfully complete the paper will demonstrate in-depth understanding of how individuals make financial decisions and guidance on improving financial decision-making in themselves and others.

^ Top of page

Timetable

Semester 1

Location
Dunedin
Teaching method
This paper is taught On Campus
Learning management system
None

Computer Lab

Stream Days Times Weeks
Attend
A1 Thursday 11:00-11:50 9-14

Lecture

Stream Days Times Weeks
Attend
A1 Tuesday 14:00-14:50 9-14, 16-22
Friday 10:00-11:50 9-14, 16-22