School Of BusinessBehavioural Finance (PG)Western Sydney University Unit Code: 201038.1
Discipline: ACCOUNTING
Student Contribution Band: 3
Level: 7
Credit Points: 10
Equivalent Units
200426 - Corporate Finance
Unit Enrolment Restrictions
Students must be enrolled in a postgraduate course.
About this Unit
Cognitive biases and emotional influences have the potential to influence both advisors and investors. This unit provides students with the skills to advise clients such that their investment decisions are soundly based. Various biases and influences are introduced to students to demonstrate how they undermine investment decisions. Students are then taught how to apply methods that advisers can use to overcome and correct these biases. Ensuring clients are fully educated about investment decisions is integral to the investment process, and a necessity to ensure advisers meet the best interest duty of their profession. This unit is available as a standalone bridging unit which is accredited by the Financial Adviser Standards and Ethics Authority (FASEA) having met the FASEA curriculum and standards requirements.