Availabilities:
| Location | Domestic | International |
|---|---|---|
| Gold Coast | ||
| Online |
Unit Summary
Unit aim
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
Topic 1a: Behavioural Finance: An Introduction
Topic 1b: Decision-Making and Investor Behaviour
Topic 2a: Financial Literacy
Topic 2b: Household Investment Decisions
Topic 3a: Personality Traits
Topic 3b: Demographic and Socioeconomic Factors
Topic 4a: Financial Wellbeing
Topic 4b: Motivation and Satisfaction
Topic 5a: Policy-Based Financial Planning
Topic 5b: Financial Counselling and Coaching
Topic 6a: Financial Therapy and Client Behaviours
Topic 6b: Advising the Behavioural Investor
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: | |
|---|---|
| 1 | describe the linkages between behavioural biases and decision-making and implications for investment decisions made by client(s) |
| 2 | develop an understanding of individual behavioural patterns and biases as applied across different genders, age and social demographics and cultures |
| 3 | demonstrate responsible and sustainable practices reflecting ethical and professional standards |
| 4 | recognise and apply behavioural finance knowledge to client financial literacy, engagement, best interests and the professional relationship. |
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)
- develop an understanding of individual behavioural patterns and biases as applied across different genders, age and social demographics and cultures
- demonstrate responsible and sustainable practices reflecting ethical and professional standards
- recognise and apply behavioural finance knowledge to client financial literacy, engagement, best interests and the professional relationship.
Prescribed texts
- No prescribed texts.