FNC 441 - Behavioral Finance, 3 credit hours

Prerequisite(s): FNC 342; and either MTH 105 or MTH 108 or MTH 235 or PSY 278 or ECN 279 or FNC 280
Behavioral finance is an approach to understanding financial phenomena that models decision-makers as less than perfectly rational actors. In trying to understand the specific ways in which behavior departs from full rationality, behavioral finance incorporates important findings from other social sciences, such as psychology, sociology, and economics. This course overviews traditional financial theory, considers perceived irrationalities in decisions and markets, and explores the social and psychological underpinnings of decision flaws.