FINM3407 - Behavioural Finance Semester 2 2023Python

Java Python FINM3407 - Behavioural Finance

1.General Course Information

1.1 Course Details Course Code:FINM3407

Course Title:Behavioural Finance

Coordinating Unit: School of Business Semester:Semester 2,2023

Mode:External

Level:Undergraduate

Delivery Location:External (administered at St Lucia) Number of Units:2

Pre-Requisites:(FINM2415+2416)or(FINM2411+3412)or(ECON1310+2010)

Course Description: This course provides an introduction to behavioural fnance,a discipline thatintegrates insights from psychology into the study  of finance.There wil be a focus on understandingthepsychological underpinings of financialdecision-making as well as the institutional frictions   that may allow these psychological mechanisms to influence economic outcomes.Applicationsinclude the pricing of assetsrelative tofundamental value,trading strategies,managerial behaviour,and household savings and investment decisions.

1.2 Course Introduction

Behavioral inanceis athird-yearundergraduate course designed to explorethe intersection between psychology and finance.This course aims to provide students with a comprehensive understanding of howindividualand group behavior. inluences financial markets,investment decisions,and overall conomic outcomes.By studying the principles and theories of behavioral finance,students wil develop critical thinking skilland gain insights into thefactors that drive market anomalies,investor biases,and decision-making processes.

Course Changes in Responseto Previous Student Feedback

Asthis isthe inaugural offering of this course,we have notmadeany changesor modifcations based on previous iterations.Your feedbackwil be invaluable in helping us refine and improvethe course forfuture offerings.

1.3 Course Staff

Course Coordinator:Associate Professor Kelvin Tan

1.4 Timetable

Timetables are availableon the UQ Public Timetable.(https://my.uq.edu.au/public-timetable)

Additional Timetable Information

This course will consist of lectures and tutorials during theteaching weeks.

Lecture sessions commence in semester week 1.

Tutorials commence in semester week 2.Students are required to attend the tutorial to which they are enrolled each week.

Please note:Teaching staff do not have access to the timetabling system to help with class allocation.Therefore,should you need help with your  timetable and/or  allocation of classes,please ensureyou email   business.mytimetable@ugedu.au(mailtobusiness.mytimetable@ug.edu.au)from your UQ student email account with the following details:

Full   name,

·Student   ID,and

·the Course Code

2.1 Course Aims

Behavioralfinanceis athird-yearundergraduate course designed to ex FINM3407 - Behavioural Finance Semester 2,2023Python plorethe intersection between psychology and finance.This course aims to provide students with a comprehensive understanding of howindividualand group behavior. influences financial markets,investment decisions,and overall conomic outcomes.By studying the principles and theories of behavioral finance,students wil develop crtical thinking skilland gain insights into the factors that drive market anomalies,investor biases,and decision-making processes.

2.2 Learning Objectives

After successfully completing this course you should be able to:

1 Understand the foundations of behavioral finance and traditional finance theories

2 Analyze Prospect Theory as an alternative to expected utility theory

3 Evaluate the challenges to market efficiency, identify market anomalies, andunderstand their benavioral explanationd

4 Identify and analyze various heuristics and biases and their implications for financial decision-making

5 Examine the role of emotions in investment decision-making and their impact on individual investors behavior.

6 Examine the manifestations of overconfidence in investors and its impact oncorporate finance

7 Work as a team to apply and analvze behavioral finance concepts in real-world scenarios, communicate findings effectively, and demonstrate collaborative problem-solving and research skills.

3.Learning Resources

3.1 Required Resources

Ackert,L,&Deaves,R.(2009).Behavioral finance:Psychologydecision-making,andmarkets (https//au.cengage.com/c/behavioral-finance psychology-44-decision-making-44-and-markets-1e-ackert-deaves/9780324661170/).CengageLearning.

http:/au.cengage.com/c/behavioral-financepsychology-44-decision-making-44-and-markets-1e-ackert-deaves/97803246611701

(http:/au.cengage.com/c/behavioral-finance-psychology-44-decision-making-44-and-markets-1eackert-deaves/9780324661170/)

3.2 Recommended Resources

No recommended learning resources

3.3 University Learning Resources

Access to required and recommended resources,plus past central exam papers,is available at the UQ Library website (http://www.library.uq.edu.au/lr/FINM3407 (http://www.ibrary.uq.edu.au/lr/FINM3407).

The University offers a range of resources and services to support tudent learning.Details areavailable on the myUQ website (htps//my.uq.edu.au/ (https://student.my.uq.edu.au/).

3.4 School of Business Learning Resources

Not applicable.

4.Teaching   &Learning Activities

4.1 Learning Activities

Recording of Lectures:Please be aware that teachingat UQ may be recorded for the benefit of student learning If you would prefer not tobe captured either by voice or image,please advise your course coordinator before class so accommodations can be made.Forfurtherinformation see PPL3.20.06 RecordingofTeaching at UQ(0)