Duke University - Behavioral Finance
4.7 /5- Offered byCoursera
Behavioral Finance at Coursera Overview
Behavioral Finance
at Coursera
Duration | 5 hours |
Total fee | Free |
Mode of learning | Online |
Difficulty level | Beginner |
Official Website | Explore Free Course  |
Credential | Certificate |
Behavioral Finance at Coursera Highlights
Behavioral Finance
at Coursera
- 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
Behavioral Finance
at Coursera
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.
Behavioral Finance at Coursera Curriculum
Behavioral Finance
at Coursera
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
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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
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
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
View All 3 Reviews
Behavioral Finance
at Coursera
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