About this courseThe course provides a concise overview of behavioral finance. This is a field of study that combines psychology and economics to understand and explain how people make financial decisions. It recognizes that individuals are not always rational and objective when it comes to their financial choices. Instead, they are influenced by various cognitive biases, emotions, and social factors that can impact their decision-making process. The course highlights the psychological and behavioral factors that contribute to irrational and biased money decision-making, and discusses strategies for overcoming these biases to make more rational financial choices.
Topics Covered:
What is behavioral finance
Importance of Behavioral Finance in Investing and Accounting
Traditional vs. Behavioral Finance
Rationale Investors
Efficient Markets
Limitations of Traditional Finance
Core Principles of Behavioral Finance
Market, Investor and Practitioner Inefficiencies
Checklist of Common Cognitive Biases and Emotional Pitfalls Related to Finance
How to Apply Behavioral Finance Concepts in Real-Life Accounting Situations
How to Promote a Culture of Objectivity and Critical Thinking
How to Encourage Continuous Learning and Self-Awareness
This course includes:
schedule2 hours on-demand video
signal_cellular_altBeginner level
task_altNo preparation required
calendar_todayPublished At Aug 3, 2023
workspace_premiumCertificate of completion
calendar_todayUpdated At Nov 29, 2023