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Unit of Study FINC2002 - Behavioural Finance and Client Relationships (2024)

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Unit Snapshot

  • Enrolment information

    N/A

Unit description

Covers concepts, principles and tools associated with financial planning and investor behaviour. The unit develops students’ knowledge and skills in analysing, evaluating and making investment decisions related to investor behaviour and psychology, personal finance and financial planning issues, and client relationships.  

Unit content

Module 1: Behavioural Finance: An Introduction

Module 2: Financial Literacy and Household Investment Decisions

Module 3: Personality Traits and Socio-Demographic Factors

Module 4: Financial Wellbeing, Motivation and Satisfaction

Module 5: Financial Counselling, Coaching and Therapy

Module 6: Advising the Behavioural Investor

Availabilities

Location Domestic International
Gold Coast
Term1
Term1
Online
Term1
N/A

Learning outcomes

Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.

On completion of this unit, students should be able to:

describe the linkages between behavioural biases and decision-making and implications for investment decisions made by client(s)

apply an integrated understanding of individual behavioural patterns and biases across different genders, age, and social demographics and cultures

apply ethical and professional standards to demonstrate responsible and sustainable practices

synthesise behavioural finance knowledge to provide client-centred financial advice focusing on financial literacy, engagement, best interests and the professional relationship.

Prescribed learning resources

Prescribed Texts
  • Baker, K and Ricciardi, V, 2014, Investor Behavior: The Psychology of Financial Planning and Investing, Wiley. ISBN: 9781118492987.
Prescribed Resources/Equipment

  • Access to a computer with a webcam and reliable internet connection.

Prescribed Learning Resources may change in future Teaching Periods.