Behavioral finance course overview

Behavioural finance is the study of the influence of psychology on the behavior of financial practitioners. In this three-part behavioral finance course, you will learn about the wide range of decision making biases and information processing errors that influence our financial decision making.

behavioral finance course overview

Decision-making biases in behavioral finance

In this first section of the behavioral finance course, we explore how behavioral finance helps to explain 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 the overconfidence and optimism biases.

  • Overview of decision-making biases and errors
  • Reflective versus reflexive decision making
  • The impact of overconfidence and optimism on decision making

Information processing errors in behavioral finance

In this second module of the course, we explore a wide range of behavioral biases and information processing errors. By the end of this module, you will have a solid understanding of the self-attribution, hindsight, confirmation and representative biases.

  • Self-attribution and hindsight biases
  • Confirmation and representative biases
  • Guarding against the narrative fallacy

course on behavioral finance online

How financial decision making is impacted by others

In this third module of the course, we continue our exploration of various behavioral biases and errors as well as learning how decision making is impacted by others. By the end of this module, you will have a solid understanding of the anchoring bias, loss aversion, and herding behavior.

  • Anchoring bias
  • Loss aversion
  • 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.

For further CPE information, please read before purchasing:


financial decision making biases

Behavioral finance elective for financial analyst training

This behavioral finance course is designed to help you be well rounded in your analysis and help you become a complete financial analyst. 

This class is one of the elective courses for CFI's financial analyst training program, which grants the Financial Modeling & Valuation Analyst (FMVA) accreditation.

Behavioral Finance Fundamentals

$97.00 Enroll Now Free Preview

Approx 2.0 hrs to complete

What Our Students Say

Paul Elias Kandiwo

Excellent delivery of the course. The structure was perfectly arranged and the instructor was very elaborate, using practical illustrations and references.
Teka Derick Tikum
Thanks CFI
Good financial psychology that guides you in decision- making in the finance industry and societies as a whole. Has really shaped my cognitive behaviors when facing financial decisions. Thanks, CFI.
Mustafa Mustansir
My very first experience into Behavioural Finance- Loved it!
This is the first time I've learned about behavioral finance. The course made it very interesting! It was very well taught and explained. Loved it!
Barbara Alvarez
Behavioral finance is fascinating!
This is a very interesting course. Behavioral finance is fascinating! The course does a great job in covering a wide range of decision-making biases and information processing errors.
See More
Rustom Rupand
I really like this area of finance and the way Scott explains it is very insightful, thanks!

Frequently Asked Questions

Can I download the Excel files and financial modeling templates?
How long do I have to complete the courses?
Are CFI courses verified?
Are there any additional fees or costs?
What currency are your courses priced in?
How do I earn my certificates?
Can I email the instructor if I have questions?
Will these courses help me advance my career?
More Questions?