Behavioural Finance in Risk Management

What You'll Learn

You will be exposed to software and online tools that will aid in the application of the concepts discussed throughout the course. Discussions and examples of how to employ these tools will be featured throughout the course—graphically and in case settings.

You'll explore the changing environment for risk and return, and how it weighs on an ageing demographic. In addition, you'll decipher the current interest rate environment and how it manifests into increasingly complex solutions and understand how to focus on strategies for risk mitigation for pre-retirees and retirees alike.

In this course, you will learn to explain and integrate modern portfolio theory, relating it to a post-financial crisis environment that still bears a number of short and long term risk factors. You'll use financial literacy to guard against complaints around inappropriate risk tolerance or investments and evaluate a variety of risks within asset classes using a multi-dimensional approach. You'll come to understand how to use the combination of both risk and return to make more informed recommendations.

Using the power of simulations and modelling, as well as a defined process for goal setting and financial assessments, you will learn to explain the most powerful financial concepts to predict and evaluate risk and return in the retirement period. You'll use current data to make investment decisions and then monitor changes in personal net worth as a result of sound decision-making.