Ethics and Behavioural Finance Research

FIN80027 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.

2023 teaching periods


Higher Ed. Semester 2

31 Jul 23 - 29 Oct 23

5 Dec 23

Last self enrolment:
13 Aug 23

31 Aug 23

Last withdraw without fail:
15 Sep 23

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.
Unit Learning Outcomes (ULO)
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.