Unit information: Behavioural Finance in 2021/22

Description including Unit Aims

Intended Learning Outcomes

At the end of the unit students will be expected to be able to:

1. Critically review the Efficient markets hypothesis and associated empirical irregularities.
2. Explain how heuristics lead to systematic biases.
3. Apply an understanding of systematic biases to show how they can be exploited to make profits in financial markets.
4. Evaluate the appropriateness of behavioural assumptions in different contexts.
5. Compare and contrast the role of behavioural and rational theories to explain observed outcomes in corporate finance.
6. Analyse, using understanding of cognitive biases, the role of behaviour in exacerbating global financial events

Teaching Information

Teaching will be delivered through a combination of synchronous and asynchronous sessions including lectures, tutorials, drop-in sessions, discussion boards and other online learning opportunities

Assessment Information

This unit will be assessed by 100% exam

Resources

If this unit has a Resource List, you will normally find a link to it in the Blackboard area for the unit. Sometimes there will be a separate link for each weekly topic.

If you are unable to access a list through Blackboard, you can also find it via the Resource Lists homepage. Search for the list by the unit name or code (e.g. EFIM30062).

How much time the unit requires
Each credit equates to 10 hours of total student input. For example a 20 credit unit will take you 200 hours of study to complete. Your total learning time is made up of contact time, directed learning tasks, independent learning and assessment activity.

See the Faculty workload statement relating to this unit for more information.

Assessment
The Board of Examiners will consider all cases where students have failed or not completed the assessments required for credit. The Board considers each student's outcomes across all the units which contribute to each year's programme of study. If you have self-certificated your absence from an assessment, you will normally be required to complete it the next time it runs (this is usually in the next assessment period).
The Board of Examiners will take into account any extenuating circumstances and operates within the Regulations and Code of Practice for Taught Programmes.