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Duke University - Behavioral Finance 

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Behavioral Finance
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Overview

Duration

5 hours

Start from

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Total fee

Free

Mode of learning

Online

Difficulty level

Beginner

Official Website

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Credential

Certificate

Behavioral Finance
 at 
Coursera 
Highlights

  • Shareable Certificate Earn a Certificate upon completion
  • 100% online Start instantly and learn at your own schedule.
  • Flexible deadlines Reset deadlines in accordance to your schedule.
  • Approx. 5 hours to complete
  • English Subtitles: Arabic, French, Portuguese (European), Chinese (Simplified), Italian, Portuguese (Brazilian), Vietnamese, German, Russian, Turkish, English, Spanish
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Behavioral Finance
 at 
Coursera 
Course details

Skills you will learn
More about this course
  • We make thousands of decisions every day. Do I cross the road now, or wait for the oncoming truck to pass? Should I eat fries or a salad for lunch? How much should I tip the cab driver? We usually make these decisions with almost no thought, using what psychologists call ?heuristics? ? rules of thumb that enable us to navigate our lives. Without these mental shortcuts, we would be paralyzed by the multitude of daily choices. But in certain circumstances, these shortcuts lead to predictable errors ? predictable, that is, if we know what to watch out for. Did you know, for example, that we are naturally biased towards selling investments that are doing well for us, but holding on to those that are doing poorly? Or that we often select sub-optimal insurance payment plans, and routinely purchase insurance that we don?t even need? And why do so many of us fail to enroll in our employer?s corporate retirement plans, even when the employer offers to match our contributions?
  • Behavioral finance is the study of these and dozens of other financial decision-making errors that can be avoided, if we are familiar with the biases that cause them. In this course, we examine these predictable errors, and discover where we are most susceptible to them. This course is intended to guide participants towards better financial choices. Learn how to improve your spending, saving, and investing decisions for the future.
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Behavioral Finance
 at 
Coursera 
Curriculum

Week 1

Welcome to Behavioral Finance

Introduction to Classical Economics

Utility of Money

Omission Bias Case Study

Expected Utility vs Prospect Theory

Course Overview

Utility of Money

Omission Bias

Answer Choice Explanations and Correct Answers for Week 1 Quiz

Week 1 Quiz

Week 2

Correlation and Causation Error

Probability Weighting

Relative Probabilities

The Availability Heuristic

Mental Accounting and Expenditures

Loss Aversion

Belief Perseverance and Confirmation Bias

Case Study: Belief Perseverance

Problems with Probability

Probability Weighting

The Availability Heuristic

Framing

Representativeness

Overconfidence

Week 2 Quiz

Week 3

Introduction to Financial Decision Making

Benefits of Saving Early

Money Management

Market Bubbles & Crashes

Week 3 Quiz

Behavioral Finance
 at 
Coursera 
Admission Process

    Important Dates

    May 25, 2024
    Course Commencement Date

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    Behavioral Finance
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    Students Ratings & Reviews

    4.7/5
    Verified Icon3 Ratings
    K
    K Abvin Davis
    Behavioral Finance
    Offered by Coursera
    4
    Learning Experience: Behavioral finance is the study of the effects of psychology on investors and financial markets. It focuses on explaining why investors often appear to lack self-control, act against their own best interest, and make decisions based on personal biases instead of facts.
    Faculty: the quality of the lectures were good but there was not explaination on every topic, on some topic you have to learn and understand on your own. It was a three week course and at every end of the week there is a test which gives you grade accordingly
    Course Support: No
    Reviewed on 28 Aug 2022Read More
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    F
    Farzeen
    Behavioral Finance
    Offered by Coursera
    5
    Learning Experience: The coursera platform is easy to use and the educator starts the topic from the scratch. The content includes lots of examples and real life senarios. Behavoral finance is altogether different from the core finance because it includes human nature and psychology. It was a good experience and great learning.
    Faculty: The faculty was alert and gave context for every new example. Yes it was comprehensive and it gave overall introduction to the topic and understanding of it.
    Course Support: No i did not get career assistance or support from coursera
    Reviewed on 9 Jul 2022Read More
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    A
    Arjun Lakhani
    Behavioral Finance
    Offered by Coursera
    5
    Other: It\'s gives me another side of the behavioural finance and it\'s also helped in my learning career.
    Reviewed on 15 Mar 2021Read More
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    Behavioral Finance
     at 
    Coursera 

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