Behavioral and Personal Finance

COURSE OUTLINE: This course will cover the behavioral aspects of financial decision-making and personal finance planning. The students shall be introduced to the theoretical, mathematical, and empirical underpinnings of anomalies and biases that investors face in financial markets. The course also focuses the behavioral approach of investment and personal financial planning. With the help of discussions on related theories, mathematical illustrations, and experimental exercises, participants should be able to become familiar with terminology, techniques and approaches used in behavioralized financial services industry.

Behavioral and Personal Finance.
Lecture 01: Introduction to Behavioral Economics and Finance.
Lecture 02: Introduction to Behavioral Economics and Finance (Contd.).
Lecture 03: Economics of Decision Making.
Lecture 04: Economics of Decision Making (Contd.).
Lecture 05: Decision Making Under Risk and Uncertainty.
Lecture 06: Decision Making Under Risk and Uncertainty (Contd.).
Lecture 07: Non-expected Utility Preferences.
Lecture 08: Non-expected Utility Preferences (Contd.).
Lecture 09: Prospect Theory and Behavioral Biases.
Lecture 10: Prospect Theory and Behavioral Finance.
Lecture 11: Prospect Theory and Behavioral Finance (Contd.).
Lecture 12: Beliefs, Biases and Heuristics.
Lecture 13: Beliefs, Biases and Heuristics (Contd.).
Lecture 14: Beliefs, Biases and Heuristics (Contd.).
Lecture 15: Biases and Financial Decision-Making.
Lecture 16: Biases and Financial Decision-Making (Contd.).
Lecture 17: Overconfidence and Investor Behavior.
Lecture 18: Valuation of Financial Assets.
Lecture 19: Valuation of Financial Assets (Contd.).
Lecture 20: Valuation of Financial Assets (Contd.).
Lecture 21: Protfolio Return and Risk.
Lecture 22: Protfolio Return and Risk (Contd.).
Lecture 23: Personal Financial Goals.
Lecture 24: Planning Personal Finances.
Lecture 25: Personal Financial Statements.
Lecture 26: Taxes and Financial Planning.
Lecture 27: Taxes and Financial Planning (Contd.).
Lecture 28: Portfolios for Individual Investors.
Lecture 29: Investment Alternatives for Individual Investors.
Lecture 30: Investing in Mutual Funds.
Lecture 31: Fixed Income Investments.
Lecture 32: Fixed Income Investments (Contd.).
Lecture 33: Purchasing Decisons.
Lecture 34: Consumer Credit Decisions.
Lecture 35: Loans and Amortization.
Lecture 36: Loans and Amortization (Contd.).
Lecture 37: Credit Card as Source of Consumer Credit.
Lecture 38: Alternative Investment.
Lecture 39: Alternative Investment (Contd.).
Lecture 40: Structured Finance.
Lecture 41: Wealth Managment.