Postgraduate Course: Psychology of Investing & Financial Decisions (MBA) (BUST11226)
Course Outline
| School | Business School |
College | College of Humanities and Social Science |
| Course type | Standard |
Availability | Not available to visiting students |
| Credit level (Normal year taken) | SCQF Level 11 (Postgraduate) |
Credits | 10 |
| Home subject area | Business Studies |
Other subject area | None |
| Course website |
None |
Taught in Gaelic? | No |
| Course description | The proposed course introduces an exciting new area in finance, which takes as its premise that investment decision making and investor behaviour are not necessarily driven by rational considerations but by aspects of personal and market psychology |
Entry Requirements (not applicable to Visiting Students)
| Pre-requisites |
|
Co-requisites | |
| Prohibited Combinations | |
Other requirements | None |
| Additional Costs | None |
Course Delivery Information
|
| Delivery period: 2013/14 Semester 2, Not available to visiting students (SS1)
|
Learn enabled: Yes |
Quota: None |
|
Web Timetable |
Web Timetable |
| Course Start Date |
13/01/2014 |
| Breakdown of Learning and Teaching activities (Further Info) |
Total Hours:
100
(
Lecture Hours 12,
Seminar/Tutorial Hours 8,
Programme Level Learning and Teaching Hours 2,
Directed Learning and Independent Learning Hours
78 )
|
| Additional Notes |
|
| Breakdown of Assessment Methods (Further Info) |
Written Exam
60 %,
Coursework
40 %,
Practical Exam
0 %
|
| No Exam Information |
Summary of Intended Learning Outcomes
On successfully completing the course, students will:
1. Understand the differences between a behavioural finance perspective and a traditional finance perspective
2. Be up to speed with important developments in this new area and the associated practical insights they provide
3. Recognise their own decision errors and understand the reasons for these so they can avoid future decision errors
4. Understand how, by appreciating the cognitive biases to which you are prone, they can become better investors or financial managers
5. Have a deeper understanding of the market efficiency debate and recent developments
6. Gain a critical analytical perspective regarding asset pricing bubbles and financial crises
7. Have a deeper understanding of the role of emotions in investment decisions |
Assessment Information
Coursework 40%
Exam 60% |
Special Arrangements
| None |
Additional Information
| Academic description |
Not entered |
| Syllabus |
Not entered |
| Transferable skills |
Not entered |
| Reading list |
Nofsinger, J. (2013) Psychology of Investing, 5th ed, Pearson
Ackert, L. and Deaves, R. (2010) Behavioral Finance: Psychology, Decision-Making, and Markets, 1st ed., South-Western |
| Study Abroad |
Not entered |
| Study Pattern |
Not entered |
| Keywords | MBAPsychFinance |
Contacts
| Course organiser | Dr Arman Eshraghi
Tel: (0131 6)50 4311
Email: Arman.Eshraghi@ed.ac.uk |
Course secretary | Miss Kate Ainsworth
Tel: (0131 6)51 3854
Email: Kate.Ainsworth@ed.ac.uk |
|
© Copyright 2013 The University of Edinburgh - 13 January 2014 3:38 am
|
University Homepage