NBA 5980

Last Updated

  • Schedule of Classes - January 19, 2016 6:14PM EST
  • Course Catalog - January 19, 2016 6:21PM EST

NBA 5980
Behavioral Finance

Course information provided by the Courses of Study 2015-2016.

Behavioral Finance is a theory on the irrationality of stock markets. Unlike traditional finance theories, behavioral finance argues that some financial market phenomena can plausibly be understood only under the assumption that some market participants are not fully rational. This course introduces the conceptual framework of behavioral finance and then applies the framework to issues in stock market investment. Topics include: (1) investor psychological bias and irrational trading behavior, and how to overcome our own biases in stock trading; (2) limits of arbitrage and the risk of leveraged convergence trading; (3) stock index market timing (and why market timing is far more important in emerging markets around the world than in the US); (4) typical behavioral finance approaches in constructing outperforming stock portfolios (including value, momentum, size, earnings quality, corporate governance, effects of short-sale constraint, and many other effects); (5) applying behavioral finance concepts to understanding China's stock market (as an example of emerging equity markets).

When Offered Fall.

View Enrollment Information

Syllabi: none

  •   Seven Week - Second. 

  • 1.5 Credits S/U NoAud

  • 15854 NBA 5980   LEC 001

  • Open to all students ** Attendance at all 4 sessions is REQUIRED ** Add/Drop dates: Johnson Students: August 10th at 8:00am thru September 8th or prior to first class if class is held before these dates. Students may attend first class, but must drop BEFORE the 2nd class meeting to avoid penalties. Send email to gm-registrar@cornell.edu before the 2nd meeting date to request the drop. There is a late fee of $100.00 for each add or drop transaction after the 2nd class meeting date. You will also receive a "W" on your transcript in addition to the late fees after the 2nd class meeting date. Non-Johnson students may add themselves to the waitlists during the enrollment periods, however Johnson Students have priority into the classes and non-Johnsons will be enrolled: 1) IF seats are still available after Johnson students complete their enrollment period and 2) IF the instructor allows.

    Department Consent Required (Add)

Syllabi: none

  •   Seven Week - Second. 

  • 1.5 Credits S/U NoAud

  • 15855 NBA 5980   LEC 002

  • Open to all students ** Attendance at all 4 sessions is REQUIRED ** Add/Drop dates: Johnson Students: August 10th at 8:00am thru September 8th or prior to first class if class is held before these dates. Students may attend first class, but must drop BEFORE the 2nd class meeting to avoid penalties. Send email to gm-registrar@cornell.edu before the 2nd meeting date to request the drop. There is a late fee of $100.00 for each add or drop transaction after the 2nd class meeting date. You will also receive a "W" on your transcript in addition to the late fees after the 2nd class meeting date. Non-Johnson students may add themselves to the waitlists during the enrollment periods, however Johnson Students have priority into the classes and non-Johnsons will be enrolled: 1) IF seats are still available after Johnson students complete their enrollment period and 2) IF the instructor allows.

    Department Consent Required (Add)