The decisions we make can have a significant impact on the financial health of your company. In today's economy, investors and business managers are challenged to understand how financial markets reacts to new financial and economic data. Beyond the fundamental analysis of financial statement, market sentiments and psychology of investors are equally as important in the financial decision. Behavioral finance is the study of the influence of psychology on the behavior of financial practitioners. In the course, you will learn about the wide range of decision making biases and information processing errors that influence our financial decision making.
Este curso de formação da Coventry Academy inclui
Modern portfolio theory and the idea of the rational investor
Emotional Finance
Psychology of Risk and Behavioral Biases
Behavioral Corporate Finance
Investor Behavior
Quais são os objectivos?
By the end of this training course, participants will be able to:
Define behavioral finance and its implication on financial markets
Identify the investor psychology and analyze trading biases
Understand cognitive biases and explore their root causes with real life examples
List the most common emotional biases and discuss their causes with examples
Understand loss aversion and other biases that contribute to its effect
Study the herding bias and other social factors that distort decision-making
A quem se destina este curso de formação?
This Coventry Academy training course is suitable to a wide range of professionals but will greatly benefit:
Board level members who wish to develop their understanding of cognitive financial decisions
Investment Professionals working with Financial sector
Risk Management directors
Financial Analysts
Capital Markets officials
Professionals seeking to develop their understanding of Behavioral Finance
Equity Sales and Portfolio Managers
Como é que esta ação de formação será apresentada?
This training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes:
Interactive Case Studies from the real world/delegates’ company
Discussion and Evaluation of the latest international tools & techniques
Role play
Pre & Post Course Assessments
Participants will also be given a detailed set of handouts and examples in both printed and electronic format
Descrição do curso
Day One: Introduction to Behavioral Finance
Conceptual definition of finance : Hard versus Soft Finance
Understand the financial system operators: Arbitrageurs, Speculators and Hedgers
What is behavioral finance?
Traditional portfolio theory – A brief recap
The risk profiles of investors: Risk neutral, Risk Takers and Risk Adverse
Market sentiment & Stock market crashes
Day Two: Behavioural Finance: Application of Psychology in Financial Decisions
Heuristics or Rules of Thumb
Neuroeconomics and Neurofinance
Emotional Finance: The Role of the Unconscious in Financial Decisions
Experimental Finance
The Psychology of Risk
Psychological Influences on Financial Regulation and Policy
Day Three: Asset Pricing and Behavioural Biases
Market Inefficiency
Belief- and Preference-Based Models
Disposition Effect
Overconfidence
Familiarity Bias
Limited Attention & other behavioral biases
Day Four: Behavioural Corporate Finance
Financing Decisions
Capital Budgeting and Other Investment Decisions
Dividend Policy Decisions
Loyalty, Agency Conflicts, and Corporate Governance
Initial Public Offerings
Mergers and Acquisitions
Day Five: Investor Behaviour
Trust Behavior: The Essential Foundation of Financial Markets
Individual Investor Trading
Cognitive Abilities and Financial Decisions
Pension Participant Behavior
Institutional Investors
Derivative Markets
O certificado
Coventry Academy Certificate of Attendance will be provided to delegates who attend and complete the course