Financial Modeling Tutorials by CFI - Behavioral Finance Fundamentals: Decision-Making Biases

Behavioral finance is the study of the influence of psychology on the behavior of financial practitioners. This three-part course will teach you about the wide range of decision-making biases and information-processing errors that influence our financial decision-making. Enroll in the FULL course to earn your certificate and advance your career: https://courses.corporatefinanceinstitute.com/courses/behavioral-finance Module 1: In this first module, we explore how behavioral finance helps explain the market activity and the behavior of financial practitioners. By the end of this module, you will have a solid understanding of various behavioral biases, including overconfidence and optimism biases. 1: Overview of decision-making biases and errors. 2: Reflective versus reflexive decision-making. 3: The impact of overconfidence and optimism on decision-making. Module 2: We explore various behavioral biases and information processing errors in this second module. By the end of this module, you will have a solid understanding of self-attribution, hindsight, confirmation, and representative biases. 1: Self-attribution and hindsight biases. 2: Confirmation and representative biases. 3: Guarding against the narrative fallacy. Module 3: In this third module, we continue exploring various behavioral biases and errors and learning how others impact decision-making. By the end of this module, you will have a solid understanding of anchoring bias, loss aversion, and herding behavior. 1: Anchoring bias. 2: Loss aversion. 3: Herding versus independent thinking. This module incorporates sophisticated search and navigation tools that allow you to go at your own pace, while pop quizzes get you to test what you have just learned. This course also includes a PDF reference guide – Behavioural Financial Glossary - that can be used while taking the course and downloaded to your computer for future reference. FREE COURSES & CERTIFICATES Enroll in our FREE online courses and earn industry-recognized certificates to advance your career: ► Introduction to Corporate Finance: https://courses.corporatefinanceinstitute.com/courses/introduction-to-corporate-finance ► Excel Crash Course: https://courses.corporatefinanceinstitute.com/courses/free-excel-crash-course-for-finance ► Accounting Fundamentals: https://courses.corporatefinanceinstitute.com/courses/learn-accounting-fundamentals-corporate-finance ► Reading Financial Statements: https://courses.corporatefinanceinstitute.com/courses/learn-to-read-financial-statements-free-course ► Fixed Income Fundamentals: https://courses.corporatefinanceinstitute.com/courses/introduction-to-fixed-income About Corporate Finance Institute: CFI is a leading global provider of online financial modeling and valuation courses for financial analysts. Our programs and certifications have been delivered to thousands of individuals at the world's top universities, investment banks, accounting firms, and operating companies. By taking our courses, you can expect to learn industry-leading best practices from professional Wall Street trainers. Our courses are extremely practical, with step-by-step instructions to help you become a first-class financial analyst. Explore CFI courses: https://courses.corporatefinanceinstitute.com/collections Join us on social media! LinkedIn: https://www.linkedin.com/company/corporate-finance-institute-cfi Facebook: https://www.facebook.com/corporatefinanceinstitute.cfi Instagram: https://www.instagram.com/corporatefinanceinstitute #BehavioralFinance #Finance #DecisionMaking #InformationProcessing #FinancialDecisionMaking