Psychology of Risk

Total time
Location
At location
Starting date and place

Psychology of Risk

Amsterdam Institute of Finance
Logo Amsterdam Institute of Finance
Provider rating: starstarstarstarstar_half 9.2 Amsterdam Institute of Finance has an average rating of 9.2 (out of 5 reviews)

Need more information? Get more details on the site of the provider.

Starting dates and places

placeAmsterdam
13 Jun 2024 until 14 Jun 2024

Description

In finance, risk is an everyday aspect. Retaining risk overview and control, assessment, mitigating and reporting is at the core of the financial responsibilities. An array of (legal) requirements, standards, and lines of defense are at one’s disposal. However, the psychological component in these assessments and processes is often underexposed and plays a more crucial role than most people are aware of. 

Importantly, psychology affects the quality of our decision-making, in its various stages, and in a number of ways. The Psychology of Risk program enables you to better understand the psychological elements at play which systematically influence our financial decisions. And building upon t…

Read the complete description

Frequently asked questions

There are no frequently asked questions yet. If you have any more questions or need help, contact our customer service.

Didn't find what you were looking for? See also: Psychology, Emotional Intelligence, Interpersonal Skills, Problem Analysis & Solving, and Life Coaching.

In finance, risk is an everyday aspect. Retaining risk overview and control, assessment, mitigating and reporting is at the core of the financial responsibilities. An array of (legal) requirements, standards, and lines of defense are at one’s disposal. However, the psychological component in these assessments and processes is often underexposed and plays a more crucial role than most people are aware of. 

Importantly, psychology affects the quality of our decision-making, in its various stages, and in a number of ways. The Psychology of Risk program enables you to better understand the psychological elements at play which systematically influence our financial decisions. And building upon these insights, we work on how to deal with these (subconscious) influences in ourselves and others.

This practical program raises your awareness, sharpens your thinking and perception, and it hands you scientific models to understand our own behavior and manage risks (more) effectively.

Content

Day 1

  • Principle psychological concepts relevant for business decisions involving risk
  • Risk preferences and their measurement
  • Risk perception, how it is biased, and the drivers behind it

Day 2

  • Relevant and important mistakes in investment decision-making
  • Behavioral risk management and potential consequences for regulation
  • Possible solutions to enhance business decisions involving risk

The program is composed of a combination of lectures + case work and exercises to practice.

 

Who should attend

This program is essential for seasoned finance professionals bearing (advisory) responsibilities in the financial decision-making processes. After attending the program, you are able to understand how psychology affects your risk decisions and you have insight into possible solutions, contributing to making better decisions.

Stefan Zeisberger is Professor at Radboud University (Netherlands) and at the University of Zurich (Switzerland). Previously he held positions at, among others, the California Institute of Technology and Stony Brook University in New York where he founded and directed the Center for Behavioral Finance.

Stefan’s research focuses on investor psychology, in particular risk preferences and perception. His work has been published in world-leading academic journals such as the Review of Financial Studies, Management Science or Review of Finance. Besides his academic career Stefan works as a consultant for banks and insurance companies, and he teaches executive courses at various institutions.

There are no reviews yet.

Share your review

Do you have experience with this course? Submit your review and help other people make the right choice. As a thank you for your effort we will donate £1.- to Stichting Edukans.

There are no frequently asked questions yet. If you have any more questions or need help, contact our customer service.