Behavioural Finance and Investment

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

Duration

  • One Semester or equivalent

Contact hours

  • 36 hours Face to Face + Blended + Swinburne Online

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

2023 teaching periods

Swinburne Online

Teaching Period 3

Dates:
6 Nov 23 - 11 Feb 24

Results:
5 Mar 24

Last self enrolment:
19 Nov 23

Census:
1 Dec 23

Last withdraw without fail:
29 Dec 23


Aims and objectives

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