Behavioural Finance

Beskrivelse

The aim of the course “Behavioral Finance” is to give students a broad understanding of how human psychology influences financial decisions, with special reference to the impact on financial markets, corporate finance and personal financial decisions.

There are two sides to the course. The “soft” side deals with the decision-making process. The “hard” side concerns modern empirical finance. The teaching on both sides focuses more on intuition and understanding rather than technical skills. The teaching is research-based, drawing on the results of current academic literature that links to the material in the textbook.

Students participating in the course are expected to have a basic understanding of statistics and be able to make usual financial calculations such as present value calculations and expected values. Similarly, a general knowledge of financial markets, financial institutions and financial instruments such as options is assumed.

Copenhagen Business School, HD