Brief Course Description
1. Course Title:
Behavioral Finance
2. Language of Instruction:
Tiếng Việt
3. Course Code:
BEH605031
4. Credits:
3
5. Course Objectives:
Môn học này được thiết kế để cung cấp các kiến thức cơ bản về tài chính hành vi. Cụ thể, môn học tập trung phân tích các khía cạnh bất hợp lý của hành vi con người và ảnh hưởng của chúng đến các quyết định đầu tư và tài chính./
This course is designed to provide a basic understanding of behavioural finance. Specifically, it focuses on analyzing the irrational aspects of human behaviour and their impact on investment and financial decisions.
6. Brief Description of Course Content:
This course is designed to provide systematic knowledge in behavioral finance. It concentrates on the irrational aspects of human behavior and their effects on investment and financing decisions. Key topics include the expected utility theory, the prospect theory, challenges to market efficiency, framing and mental accounting, heuristics and biases, overconfidence, rational managers, and irrational investors. After completing this course, students are expected to capture the limits of the arbitrage, challenges of the market efficiency, main assumptions and ideas of the expected utility theory and the prospect theory, and unusual phenomena that the classical financial theories have not been able to fully explain. Students could identify human behavioral biases and their impacts on the financial decisions of both investors and managers.