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MSc Behavioural Finance

  • DeadlineStudy Details:

    MSc 9 or 12 months full-time

Course Description

The purpose of behavioural finance is to identify and understand why people and investors make certain financial choices in a way that systematically affects market outcomes. Financial institutions are increasingly utilising behavioural finance in an attempt to understand investment patters and customer behaviours, hence behavioural finance graduates are in demand.

This is the first postgraduate degree in the UK with a thorough and balanced curriculum combining both disciplines. The study of finance and psychology progresses through the programme so that students obtain a critical grasp of core theory along with thorough knowledge, skills of application and analysis

Entry Requirements

  • Undergraduate Degree – Minimum 2:1 or the equivalent from an overseas institution*
  • Degree Discipline – Any discipline – no quantitative requirement
  • GMAT – No requirement

* Please note that due to increasing competition for places on our Masters programmes our entry requirements may change.

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Fees

UK & EU students: £16,900 International students: £24,300

Programme Funding

Masters scholarships available please visit website for details

Student Destinations

Our graduates leave us equipped with knowledge and transferable skills that are also prized by employers outside of the traditional banking and finance sectors. Many of our Alumni are currently enjoying successful careers with multinational companies, consulting firms, government agencies and regulatory organizations throughout the world.Graduates will also gain the knowledge and skills required to continue their studies at the doctoral level.

Module Details

Part 1
Compulsory modules

  • Financial Markets (ICM106)
  • Introductory Quantitative Methods for Finance (ICM124)
  • Securities, Futures and Options (ICM107)
  • Fixed Income and Equity Investments (ICM108)
  • Introduction to Psychology for Finance (ICM, PYMIP)

Part 2
Compulsory modules

  • Behavioural Economics (ICM, PYMBE)
  • Behavioural Finance (ICM, ICM302)
  • Human Motivation (ICM, PYMHM)
  • Psychology of Individual and Team Development in Organisations (ICM, PYMITD)
  • Students on the 9-month (12-month) programme can select 50 (30) credits from the following modules:
  • Optional modules
  • Derivatives Securities: Pricing, Hedging and Trading (ICM211)
  • Research Project (ICM218)
  • Bond and Money Markets (ICM310)
  • Corporate Finance and Investment Banking (ICM311)
  • Commodity Derivatives (ICM265)
  • Topics in Financial Regulation (ICM, ICM295)
  • Fixed Income Cash and Derivative Markets (ICM306)
  • Programming for Finance (ICM142)
  • Applying Qualitative Methods in Psychological Research (ICM, PYM0QQ)

Part 3 (12-month only)

Optional modules

  • Energy Finance (ICM301)
  • Advanced Finance Theory with Empirical Applications (ICM289)
  • Stock Index Futures (ICM308)
  • Work Placement and Project (ICM309)

University of Reading Campus

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