Behavioural Finance

In addition to your class tuition and study materials, you will receive the following:


Other Extras

• Post-course support
  
• Certificate of attendance

Level: Intermediate


Synopsis:
We are all under pressure to achieve a solid and growing bottom line. This throws many people into difficult stressful areas where it is all too tempting to make long-term mistakes to solve short-term problems. Recognising and managing the psychological patterns which can be exacerbated by this performance pressure is an essential skill in an increasingly stressful world, particularly within a global financial world which has proven so volatile in the last few years. Whether you are a fund manager, a high net worth individual or just have a general interest in the power of human behaviour within a financial context and how it can easily overcome mathematical rationality in every sphere of the global financial world, this course is for you. It will enable you to recognise and manage these behavioural finance psychological patterns by combining your current financial mathematical skills with enhanced psychological skills to create a powerful balanced toolset combination.


At the end of the course participants will be able to: Describe and understand all of the major principles of behavioural finance . Create and develop your own tailored models and motivational action plans to tackle the seven major human biases affecting investment policy decision takers . Both recognise these biases at work, and manage these biases,within the financial world around you .


Prerequisites:
None


Suitable For:
All


The seven primary biases affecting

• Discover why the world's sharpest traders and brightest mathematicians presided over trillions of dollars worth of losses in the crash of 2008
• Understand why the world's most advanced risk control systems failed to spot these losses before it was too late
• Examine the human condition and discover answers to the questions through a balanced psychological approach
• Explore ways to create a strategic methodology to safeguard the future from ongoing human financial errors

Seven tactical toolsets to overcome the biases

• In depth examination of each financial behavioural bias
• Challenge each bias
• The inner workings of investment psychology - group workshops and interactive challenges

A strategic plan for beating the biases

• Learn seven wide-ranging tools and frameworks for using them to systematically manage the underlying biases
• Follow goal-driven quantitative and qualitative guidelines and adopt a flexible policy of diversification and control based upon human psychology and mathematical modelling