Behavioural Finance Foundations
The Knowledge and the Skills you will acquire
After taking the Behavioural Finance Foundations training course, you will be able to:
- Improve investing skills
- Improve overall financial ability
- Make better financial decisions
- Avoid common financial mistakes
- Apply psychological principles to investing
- Apply psychological principles to relationships
- Apply psychological principles to work
- Apply psychological principles to business
The context of this training course
We make thousands of decisions every day.
Do I cross the road now, or wait for the oncoming truck to pass?
Should I eat fries or a salad for lunch?
How much should I tip the cab driver?
We usually make these decisions with almost no thought, using what psychologists call “heuristics” – rules of thumb that enable us to navigate our lives.
Without these mental shortcuts, we would be paralysed by the multitude of daily choices.
However, in certain circumstances, these shortcuts lead to predictable errors – predictable, that is, if we know what to watch out for.
Did you know, for example, that we are naturally biased towards selling investments that are doing well for us, but holding on to those that are doing poorly?
On the other hand, that we often select sub-optimal insurance payment plans, and routinely purchase insurance that we do not even need?
Moreover, why do so many of us fail to enrol in our employer’s corporate retirement plans, even when the employer offers to match our contributions?
Behavioural finance is the study of these and dozens of other financial decision-making errors that can be avoided, if we are familiar with the biases that cause them. In this training course, we examine these predictable errors, and discover where we are most susceptible to them.
This training course is intended to guide participants towards better financial choices.
Learn how to improve your spending, saving, and investing decisions for the future.
Through this course, you will learn how individuals and firms make financial decisions, and how those decisions might deviate from those predicted by traditional financial or economic theory.
We will explore the nature of these biases and their origins, using insights from psychology, neurosciences and experimental economics on how the human mind works.
From these biases, you will be able to examine how the insights of behavioural finance complement the traditional finance paradigm.
- A basic understanding of human psychology
Programme de Formation
|UNIT 0: THE BEHAVIOURAL FINANCE PERSPECTIVE||00:00:00|
|UNIT 1: AN OVERVIEW OF BEHAVIOURAL FINANCE||00:00:00|
|UNIT 2: BEHAVIOURISM AND BEHAVIOURISTS||00:00:00|
|UNIT 3: TRADING PSYCHOLOGY||00:00:00|
|UNIT 4: MARKET PSYCHOLOGY||00:00:00|
|UNIT 5: UNDERSTANDING INVESTOR BEHAVIOUR||00:00:00|
|UNIT 6: DECISION-MAKING ERRORS AND BIASES||00:00:00|
|UNIT 7: TYPOLOGY OF BIASES||00:00:00|
|UNIT 8: COGNITIVE VS. EMOTIONAL INVESTING BIAS: WHAT IS THE DIFFERENCE?||00:00:00|
|Quiz Behavioural Finance Foundations||Durée illimitée|
Quiz Behavioural Finance Foundations - Certificat PDF + Imprimé, signé et livré chez vous
A printed certificat that testifies your success in our training course.
Quiz Behavioural Finance Foundations - Certificat PDF
A virtual certificat that testifies your success in our training course.