Behavioural Finance and Investment

FIN60011 12.5 Credit Points Hawthorn, Online Available to incoming Study Abroad and Exchange students


  • One Semester or equivalent

Contact hours

  • 36 hours

On-campus unit delivery combines face-to-face and digital learning. For Online unit delivery, learning is conducted exclusively online.

2022 teaching periods

Swinburne Online

Teaching Period 2

11 Jul 22 - 9 Oct 22

1 Nov 22

Last self enrolment:
24 Jul 22

5 Aug 22

Last withdraw without fail:
26 Aug 22

More teaching periods

Higher Ed. Semester 2

1 Aug 22 - 30 Oct 22

6 Dec 22

Last self enrolment:
14 Aug 22

31 Aug 22

Last withdraw without fail:
16 Sep 22

Aims and objectives

From 2020 unit re-coded to FIN60011 (from FIN60008)
The Financial Adviser Standards and Ethics Authority (FASEA) has approved this unit as equivalent to FASEA Bridging Course Behavioural Finance: Client and Consumer Behaviour, Engagement and Decision Making 
This unit provides students with knowledge of the financial system, various regulatory bodies, key participants and potential risks in the financial markets. This unit focuses on the understanding and the application of the modern finance theories including various asset pricing models, modern portfolio theory, market efficiency and behavioural finance, and how these theories influence investment planning strategies. Students will learn to construct and defend a multi-asset portfolio that satisfies client’s objectives and constraints based on their financial literary and behavioural biases. Students will apply investment and behavioural finance knowledge to generate financial planning strategies using advice technologies.
Unit Learning Outcomes (ULO)
Students who successfully complete this unit will be able to:
1. Critically evaluate the role of the financial system and the various regulatory bodies and their functions in order to identify potential risks and formulate solutions for investment decisions
2. Critically analyse investment opportunities in various financial markets and assess the characteristics of traded instruments while considering the ethical principles and code of conducts on these markets
3. Critically analyse modern finance theories such as portfolio theory, efficient market hypothesis and behavioural finance, in order to determine their impact on investment decisions
4. Apply coherent and advanced knowledge of investment to construct a Statement of Advice and recommend strategies and products that meet client’s objectives and constraints using financial advice technologies
5. Communicate proficiently and in a professional context and work effectively as a member of a team
This unit is available as a single unit of study as part of Swinburne’s FASEA approved Bridging Courses:

FIN60010: Elements of Financial Planning and Regulation
Equivalent to FASEA Bridging Course Financial Advice Regulatory & Legal Obligations

FIN60011: Behavioural Finance and Investment
Equivalent to FASEA Bridging Course Behavioural Finance: Client and Consumer Behaviour, Engagement and Decision Making

FIN60012: Ethics and Client Management
Equivalent to FASEA Bridging Course Ethics for Professional Advisors

As an existing practising financial planner, you may need to update your credentials in order to comply with
Swinburne has a range of options from single bridging courses through to Master degree programs.

If you only need to complete one, two or three of the FASEA approved Bridging Courses then you can enrol in these as single units at Swinburne – available to study online or at the Hawthorn Campus. The Hawthorn delivery also offers a choice between intensive mode 
(3 weekends: Friday afternoon plus all day Saturday) or traditional semester mode (one 3 hour class per week x 12 weeks).