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2018/2019  KAN-CPHIV1806U  Financial Decision-Making in a Social Context 2: Behavioral Finance and Sociology of Finance

English Title
Financial Decision-Making in a Social Context 2: Behavioral Finance and Sociology of Finance

Course information
Language English
Course ECTS 15 ECTS
Type Elective
Level Full Degree Master
Duration One Quarter
Start time of the course Second Quarter
Timetable Course schedule will be posted at calendar.cbs.dk
Max. participants 60
Study board
Study Board for BSc/MSc in Business Administration and Philosophy, MSc
Course coordinator
  • Christian Borch - Department of Management, Politics and Philosophy (MPP)
  • Jimmy Martinez-Correa - Department of Economics (ECON)
  • Steffen Andersen - Department of Finance (FI)
Main academic disciplines
  • Finance
  • Sociology
  • Strategy
Teaching methods
  • Face-to-face teaching
Last updated on 15-08-2018

Relevant links
Learning objectives
To achieve the grade 12, students should meet the following learning objectives with no or only minor mistakes or errors: Demonstrate a thorough and critical understanding of the course literature for each of the two courses.

Demonstrate an excellent ability to use the course literatures to analyze problems with relation to (1) behavioral dimensions of finance, and (2) sociological and philosophical aspects of financial markets and financial institutions.

Demonstrate an excellent ability to communicate and discuss his or her findings and understanding of the subject and the course readings.
  • Demonstrate an excellent ability to use the course literature to analyze problems with relation to the historical role and development of financial markets and financial institutions
  • Demonstrate an excellent ability to use the course literature to analyze problems with relation to the sociological and philosophical aspects of financial markets and financial institutions
  • Demonstrate an excellent ability to understand and analyze how historical narratives of financial institutions and the financial industry may shape present and future performance
  • Demonstrate an excellent ability to communicate and discuss his or her findings and understanding of the subject and the course readings
Course prerequisites
The student must attend both courses: "Behavioural Finance" (KAN-CPHIV1802U) and "Sociological and Philosophical Perspectives on Finance" (KAN-CPHIV1804U)

The student must have qualifications in corporate finance and statistics equivalent to the B.Sc. in Business Administration and Philosophy and qualifications in behavioral economics equivalent to the M.Sc. in Business Administration and Philosophy.
Examination
Financial Decision-Making in a Social Context 2: Behavioral Finance and Sociology of Finance:
Exam ECTS 15
Examination form Oral exam
Individual or group exam Individual exam
Duration 30 min. per student, including examiners' discussion of grade, and informing plus explaining the grade
Preparation time No preparation
Grading scale 7-step scale
Examiner(s) Internal examiner and second internal examiner
Exam period Autumn
Make-up exam/re-exam
Same examination form as the ordinary exam
Description of the exam procedure

This exam is a joint exam in the two courses 'Behavioral Finance' and 'Sociological and Philosophical Perspectives on Finance'. During the oral exam, students will be examined in the course syllabus for each of the two courses as well as in their ability to combine elements from the two courses. Teaching factulty from each course will be present. The oral exam can focus on practical, conceptual, analytical and/or theorical topics. The grade will reflect the student's performace in both courses, with equal weight being given to each course.

 

Please note that the exam constitutes one of two exams in the minor in 'Financial Decision-Making in a Social Context: History, Sociology, Behavioral Finance and Corporate Finance'.
Course content and structure

See the course content and structure for the individual courses on the following websites:

 

Behavioral Finance builds upon the course on behavioral economics from the second semester. The course has a special focus on decision-making under assumptions of less than perfect rationality. See website: http://kursuskatalog.cbs.dk/2018-2019/KAN-CPHIV1802U.aspx

 

Sociological and Philosophical Perspectives on Finance takes its point of departure in the increasingly important field of 'sociology of finance'. The aim of the course is to provide students with a solid understanding of the social aspects of present-day finance. This includes insights into the organizational dynamics of trading firms; developments of financial markets toward increasing computerization; and the role of financialization, i.e. the broader effects finance has on society. Teaching will be based on a mixture of lectures and student presentations (students will be assigned presentations in the first class). See website:

http://kursuskatalog.cbs.dk/2018-2019/KAN-CPHIV1804U.aspx
Description of the teaching methods
See description for the individual courses.
Feedback during the teaching period
See description for the individual courses.
Student workload
Class teaching 60 hours
Preparation for classes 292 hours
Exam preparation 60 hours
Expected literature

Relevant literature for the individual courses will be announced later.
Last updated on 15-08-2018