Postgraduate Course: Psychology of Investing & Financial Decisions (EMBA) (CMSE11267)
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 | Common Courses (Management School) | 
Other subject area | None | 
   
| Course website | 
None | 
Taught in Gaelic? | No | 
 
| Course description | This 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
| Not being delivered |   
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 
Group Essay 30% 
Multiple Choice Test 35% 
Individual Report and Reflection 35% |  
 
Special Arrangements 
| None |   
 
Additional Information 
| Academic description | 
Not entered | 
 
| Syllabus | 
Not entered | 
 
| Transferable skills | 
Not entered | 
 
| Reading list | 
Not entered | 
 
| Study Abroad | 
Not entered | 
 
| Study Pattern | 
Not entered | 
 
| Keywords | Not entered | 
 
 
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 | 
   
 
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