Faculty Of Economıc, Admınıstratıve And Socıal Scıences
Internatıonal Fınance ( Englısh )
Course Information
| BEHAVIORAL FINANCE | |||||
|---|---|---|---|---|---|
| Code | Semester | Theoretical | Practice | National Credit | ECTS Credit |
| Hour / Week | |||||
| INF312 | Spring | 3 | 0 | 3 | |
| Prerequisites and co-requisites | none |
|---|---|
| Language of instruction | English |
| Type | Elective |
| Level of Course | Bachelor's |
| Lecturer | Ph.d. Seda Turnacıgil |
| Mode of Delivery | Face to Face |
| Suggested Subject | - |
| Professional practise ( internship ) | None |
| Objectives of the Course | To explain the basic issues of behavioral finance with current case studies. |
| Contents of the Course | consumer concept, consumer behavior, affecting factors, buying process, decision types. |
Learning Outcomes of Course
| # | Learning Outcomes |
|---|---|
| 1 | Market anomalies and how they are formed are understood. |
| 2 | Develops the ability to comprehend the factors related to investment and business strategies. |
| 3 | Contributes to the recognition of psychological bias in investment decisions. |
| 4 | Gains the ability of financial analysis and interpretation with both theoretical and empirical information infrastructure. |
Course Syllabus
| # | Subjects | Teaching Methods and Technics |
|---|---|---|
| 1 | Differences between traditional finance approach and modern finance approach. | Lecture |
| 2 | Effective market hypothesis and arbitrage | Lecture |
| 3 | Bubbles and economic crises in the market | Lecture |
| 4 | Introduction to behavioral finance | Lecture |
| 5 | Investment preferences under risk and uncertainty. | Lecture |
| 6 | Investor psychology and behavior. | Lecture |
| 7 | Perception | Lecture |
| 8 | Review and Mid-term exam | Interactive |
| 9 | Investor sensitivity | Lecture |
| 10 | Cognitive and emotional bias | Lecture |
| 11 | Intuitive decision-making process errors | Lecture |
| 12 | Mistakes caused by the mental framework. | Lecture |
| 13 | Behavioral corporate finance | Lecture |
| 14 | Presentations | Interactive |
| 15 | Presentations | Interactive |
| 16 | Final Exam |
Course Syllabus
| # | Material / Resources | Information About Resources | Reference / Recommended Resources |
|---|---|---|---|
| 1 | A survey of Behavioral Finance, Barberis and Thaler, 2003 | ||
| 2 | Inefficient Capital Markets: An Introduction to Behavioral Finance, Schleifer, 2000 | ||
| 3 | Behavioral Finance: Psychology, Decision-Making, and Markets, International Edition, Lucy Ackert, Richard Deaves |
Method of Assessment
| # | Weight | Work Type | Work Title |
|---|---|---|---|
| 1 | 35% | Mid-Term Exam | Mid-Term Exam |
| 2 | 50% | Final Exam | Final Exam |
| 3 | 15% | Homework | Homework |
Relationship between Learning Outcomes of Course and Program Outcomes
| # | Learning Outcomes | Program Outcomes | Method of Assessment |
|---|---|---|---|
| 1 | Market anomalies and how they are formed are understood. | 1͵3͵4 | 1͵2 |
| 2 | Develops the ability to comprehend the factors related to investment and business strategies. | 1͵2͵3 | 1͵2 |
| 3 | Contributes to the recognition of psychological bias in investment decisions. | 1͵3͵4 | 1͵2 |
| 4 | Gains the ability of financial analysis and interpretation with both theoretical and empirical information infrastructure. | 3͵6͵7 | 1͵2 |
Work Load Details
| # | Type of Work | Quantity | Time (Hour) | Work Load |
|---|---|---|---|---|
| 1 | Course Duration | 14 | 3 | 42 |
| 2 | Course Duration Except Class (Preliminary Study, Enhancement) | 14 | 4 | 56 |
| 3 | Presentation and Seminar Preparation | 2 | 10 | 20 |
| 4 | Web Research, Library and Archival Work | 0 | 0 | 0 |
| 5 | Document/Information Listing | 0 | 0 | 0 |
| 6 | Workshop | 0 | 0 | 0 |
| 7 | Preparation for Midterm Exam | 1 | 8 | 8 |
| 8 | Midterm Exam | 1 | 2 | 2 |
| 9 | Quiz | 0 | 0 | 0 |
| 10 | Homework | 1 | 6 | 6 |
| 11 | Midterm Project | 0 | 0 | 0 |
| 12 | Midterm Exercise | 0 | 0 | 0 |
| 13 | Final Project | 1 | 6 | 6 |
| 14 | Final Exercise | 0 | 0 | 0 |
| 15 | Preparation for Final Exam | 1 | 10 | 10 |
| 16 | Final Exam | 0 | 0 | 0 |
| 150 | ||||