This course is no longer accepting new student applications. Single subject enrolments will be open until Study Period 6 2022. Contact us for further details. The subject focuses on developing advisers’ knowledge and skills in behavioural finance and how this affects the decision-making process of SMSF trustees. Individuals examine the central tenets from the field of behavioural finance, particularly those findings that provide insights into psychological influences in investment decision‐making. The assessments provide individuals an opportunity to apply their learnings via conceptual and case-study based short- and long-answer questions, which also cover application to their personal professional practice with SMSFs. For more information, please refer to the subject outline. Enrol nowEmail us
Learning Outcomes Subject Content Duration CPD Assessment Prerequisites Assumed knowledge Course transition subject equivalence Reading List Learning Outcomes On successful completion of this subject, individuals should be able to: Evaluate the application of behavioural finance to the interaction and engagement with SMSF trustees. Explain factors resulting in measurable, systemic biases in investment decisions including the difference between collective and individual decision making processes. Analyse the impact of behavioural biases on SMSF fund management strategies. Develop a methodology for mentoring and guiding SMSF trustees Subject Content TopicTitle Topic 1Origins of behavioural finance Topic 2Traditional and behavioural finance Topic 3Emotional decision making Topic 4Personality traits Topic 5Risk perception and risk tolerance Topic 6Behavioural portfolio theory Topic 7Advising the behavioural investor Topic 8Financial therapy Topic 9SMSF trustee coaching and observational awareness Duration The duration of this subject is one study period (12 weeks). CPD Please contact Kaplan Professional’s CPD Support team on 1300 527 526 or pdmail@kaplan.edu.au. Assessment Assessment TypeAssessedWeighting Assignment 1Week 640% Assignment 2Week 1260% Click here for an assessment timetable. Prerequisites There are no prerequisites for this subject. However, individuals should review the ‘Assumed Knowledge’ tab to understand the prior knowledge Kaplan Professional advises you should hold before enrolling in this subject. Assumed knowledge Whilst there are no prerequisites for this subject, Kaplan Professional assumes individuals have completed or are currently studying SMS001 SMSF Best Practice with SMS002 Understanding SMSF Trustees. Course transition subject equivalence Individuals may not be required to complete this subject if they have transitioned from a SIA/Finsia/Kaplan Professional course and have completed the following subjects: there are no equivalences for this subject. Reading List Prescribed Text Baker, HK & Ricciardi, V (eds.) 2014, Investor behavior: the psychology of financial planning and investing, John Wiley & Sons, Hoboken, N. J.
This course is no longer accepting new student applications. Single subject enrolments will be open until Study Period 6 2022. Contact us for further details. The subject focuses on developing advisers’ knowledge and skills in behavioural finance and how this affects the decision-making process of SMSF trustees. Individuals examine the central tenets from the field of behavioural finance, particularly those findings that provide insights into psychological influences in investment decision‐making. The assessments provide individuals an opportunity to apply their learnings via conceptual and case-study based short- and long-answer questions, which also cover application to their personal professional practice with SMSFs. For more information, please refer to the subject outline. Enrol nowEmail us
Learning Outcomes Subject Content Duration CPD Assessment Prerequisites Assumed knowledge Course transition subject equivalence Reading List Learning Outcomes On successful completion of this subject, individuals should be able to: Evaluate the application of behavioural finance to the interaction and engagement with SMSF trustees. Explain factors resulting in measurable, systemic biases in investment decisions including the difference between collective and individual decision making processes. Analyse the impact of behavioural biases on SMSF fund management strategies. Develop a methodology for mentoring and guiding SMSF trustees Subject Content TopicTitle Topic 1Origins of behavioural finance Topic 2Traditional and behavioural finance Topic 3Emotional decision making Topic 4Personality traits Topic 5Risk perception and risk tolerance Topic 6Behavioural portfolio theory Topic 7Advising the behavioural investor Topic 8Financial therapy Topic 9SMSF trustee coaching and observational awareness Duration The duration of this subject is one study period (12 weeks). CPD Please contact Kaplan Professional’s CPD Support team on 1300 527 526 or pdmail@kaplan.edu.au. Assessment Assessment TypeAssessedWeighting Assignment 1Week 640% Assignment 2Week 1260% Click here for an assessment timetable. Prerequisites There are no prerequisites for this subject. However, individuals should review the ‘Assumed Knowledge’ tab to understand the prior knowledge Kaplan Professional advises you should hold before enrolling in this subject. Assumed knowledge Whilst there are no prerequisites for this subject, Kaplan Professional assumes individuals have completed or are currently studying SMS001 SMSF Best Practice with SMS002 Understanding SMSF Trustees. Course transition subject equivalence Individuals may not be required to complete this subject if they have transitioned from a SIA/Finsia/Kaplan Professional course and have completed the following subjects: there are no equivalences for this subject. Reading List Prescribed Text Baker, HK & Ricciardi, V (eds.) 2014, Investor behavior: the psychology of financial planning and investing, John Wiley & Sons, Hoboken, N. J.
