Ethics and Behavioural Finance Research
Duration
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.
2023 teaching periods
Hawthorn Higher Ed. Semester 2 |
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Dates: Results: Last self enrolment: Census: Last withdraw without fail: |
Aims and objectives
This unit aims to broaden students’ critical thinking skills with respect to ethical decision-making and professional conduct within the finance industry. Students will learn to apply both local and global ethical codes and professional standards to manage and convey complex financial information with intellectual independence. Students will conduct and develop a qualitative research project on issues relevant to the financial industry. This unit also introduces behavioural finance concepts and theories, enables students to tailor advice to the needs of clients.
Students who successfully complete this unit will be able to:
1. Critically evaluate systemic sources of unprofessional behaviour, and propose innovative solutions
2. Critically analyse behavioural biases and provide advice to improve investment decision making
3. Demonstrate proficient communication skills and effective application of ethical conduct and professional accountability in diverse contexts
4. Critically reflect on cognitive and behavioural patterns in financial decision making within diverse contexts, and provide innovative ethical solutions
5. Apply advanced and coherent knowledge of qualitative research methods to independently plan and execute an evidence-based project.
Unit information in detail
- Teaching methods, assessment and content.
Teaching methods
Face to Face:
Class (12 x 3 hours) weekly
Assessment
Assignment 1 (Individual) 50-70%
Final Examination (Individual) 30-50%
Content
- Ethical decision making frameworks
- Paradigm of the Ethics Regime
- Facets of professional code of conduct
- Structure and application of local and global professional standards
- Behavioural finance context and biases
- Behavioural finance and decision making scenarios
- Research methodologies
- Conducting Qualitative Research
- Financial Field Research Techniques
- Analysis of Qualitative Data
- Writing a Qualitative Research Report
Study resources
- Reading materials.
Reading materials
Students are advised to check the unit outline in the relevant teaching period for appropriate textbooks and further reading.