TheÊBehavioural Decision Making for Finance programme offered byÊUniversity of StirlingÊcovers the core theories in financial decision-making, and in the rapidly growing field of behavioural economics. You'll develop the critical skills to assess investment strategies, product designs and regulations, plus the technical skills to develop and pilot investment strategies, product designs and regulations.
The major players in the financial sector recognise that tendencies in behaviour can have an impact on financial outcomes. In response to this, investment banks are increasingly adopting strategies informed by behavioural thinking. With the advent of big data, there's an unprecedented opportunity to uncover winning behavioural investment strategies. This course will allow you to become expert in understanding those behaviours.
Drawing on the combined expertise of Stirling's Accounting and Finance Division, our Economics Division and ScotlandÕs only specialist Behavioural Science Centre, this course will give you the analytical skills you'll need for a successful career in banking, finance and related areas.
TheÊBehavioural Decision Making for Finance programme offered byÊUniversity of StirlingÊteaches you how behavioural tendencies impact upon financial outcomes.Ê This course will provide you with the opportunity to:
- develop the critical and technical skills needed to develop and assess pilot test investment strategies, product designs and regulations
- learn the research skills required to predict market performance
- design attractive financial products and anticipate the direct and indirect impacts of regulations
- gain the critical skills required to assess investment strategies, financial products and financial regulations
- cultivate communication skills to highlight the value added by our evidence-based approach
Careers
Major players in the financial sector, including Goldman Sachs and Morgan Stanley, have published papers recognising the impact of behavioural biases on financial markets. Increasingly, employers are looking for qualified candidates who can create behavioural investment strategies.
By studying this course, youÕll be armed with theory and quantitative skills that will make you very attractive to potential employers. Typical employers could include investment banks, stockbrokers, FinTech, insurance companies, personal financial advisors and financial regulators.
By combining behavioural science with finance, this qualification will especially appeal to employers who wish to find arbitrage opportunities (i.e. value) in the financial markets and need to forecast consumer response to products.
