ABFP - Accredited Behavioral Finance Professional

Description

This course explores the field of behavioral finance: the study of psychological explanations for economic behavior exhibited by individuals, institutions, and nations. Behavioral science is an interdisciplinary body of knowledge with strong ties to the social sciences—psychology, sociology, anthropology, economics, and political science. The role of the scientific method in understanding and applying knowledge regarding topic areas provides the foundation for further exploration. This course is devoted to understanding the nature and role of psychological biases, heuristics, and emotions in influencing financial decision-making under uncertainty. Areas of decision-making behavior that will be thoroughly explored include economic theory, psychological perspectives, and applications to investments or lifetime retirement planning cash flows.

Learning Objectives

Upon completion of this course, you will be able to: • understand behavioral finance theories. • integrate research and practical knowledge from the behavioral finance field. • apply informed ideas within the client setting. • demonstrate creative critical thinking of the nature, sources, consequences, and effective management of financial behavior in theory and practice.