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Behavioural Finance (FNCE90086)
Graduate courseworkPoints: 12.5Not available in 2024
Overview
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Almost all financial phenomena are a consequence of human decision-making. Elucidating the psychological nature of decision-making is therefore critical for understanding many issues in finance. This subject provides students with knowledge of major trends in this interdisciplinary research field which combines elements of both psychology and finance. The subject introduces methods of examining psychological mechanisms underlying human decision-making, and how these mechanisms can explain anomalies in financial behaviour that cannot readily be explained by existing methods in the finance discipline.
Intended learning outcomes
On successful completion of this subject students should be able to
- Acquire knowledge of major trends in a research field spanning the disciplines of finance and psychology
- Understand psychological processes behind human financial decision-making
- Explain why psychology is useful for understanding financial problems
- Critically evaluate psychological mechanisms underlying anomalies in finance markets
Generic skills
- Oral and written communication
- Problem solving
- Application of theory to practice
- Team work
- Critical Thinking
- Evaluation of data
- Using Computer Programs
- Statistical Reasoning
Last updated: 30 January 2024
Eligibility and requirements
Prerequisites
Students must meet one of the following prerequisite options:
Option 1
Admission into one of the following:
- MC-FIN Master of Finance
- MC-FINANCE Master of Finance
- MC-FINENH Master of Finance (Enhanced)
Option 2
Admission into one of the following:
- MC-MGMT Master of Management
- MC-MGMTACT Master of Management (Accounting)
- MC-MGMTAFN Master of Management (Accounting and Finance)
- MC-MGMTFIN Master of Management (Finance)
- MC-MGMTHRE Master of Management (Human Resources)
- MC-MGMTMKT Master of Management (Marketing)
AND
All of
Code | Name | Teaching period | Credit Points |
---|---|---|---|
FNCE90018 | Corporate Financial Policy |
Semester 2 (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
|
12.5 |
FNCE90056 | Investment Management |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
Corequisites
None
Non-allowed subjects
None
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 30 January 2024
Assessment
Description | Timing | Percentage |
---|---|---|
Individual assignment
| Week 6 | 30% |
Individual assignment
| Week 12 | 40% |
Final Examination
| During the examination period | 30% |
Last updated: 30 January 2024
Dates & times
Not available in 2024
Last updated: 30 January 2024
Further information
- Texts
Prescribed texts
To be advised by the subject coordinator
- Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.
Last updated: 30 January 2024