MSc Behavioural Decision Making for Finance

Our MSc Behavioural Decision Making for Finance will teach you how to implement successful strategies in the finance sector based on behavioural thinking.

Behavioural Decision Making for Finance

Key facts

  • Award Masters / MSc, Postgraduate Diploma, Postgraduate Certificate
  • Start date We are no longer accepting applications for 2020 entry.
  • Duration MSc full-time: 12 months
  • Mode of study Full-time, Campus based, Stand-alone modules

Changes at Stirling

Find out about important changes including how you'll be taught, start dates and how we're making campus safer.

This course is designed to make you uniquely competitive in a newly recognized employment niche. There is a deficit of individuals who both rigorously understand financial data and can predict when customers will become befuddled, bored or mistrustful of the communications issued by the financial world.

Drawing on the combined expertise of our Behavioural Science Centre and Stirling's Accounting and Finance Division, this program will train you in the skills needed to design customers’ journeys through the world of personal and corporate finance.

As well as giving you a thorough grounding in behavioural decision making generally (e.g. the role of emotions and attentional biases in judgment and decision making; the rich array of conscious and unconscious motivations that guide behaviour), our Masters course covers the core theories in financial decision-making. You'll develop the critical skills to assess investment strategies, product designs and regulations, plus the technical skills to develop and pilot test your ideas.

This course will give you the skills you'll need for a successful career in finance, insurance, trading, real estate, banking, regulation, consultancy and related areas.

Amplify Trading Boot Camp

The course also includes an innovative week-long global financial trading and training boot camp run by our partner Amplify. The boot camp won the CFA Institute Innovative Delivery of Education (IDEA) global award and gives you the chance to trade futures contracts on the Chicago Mercantile Exchange. By letting you trade in real time, but with virtual money, the boot camp bridges the gap between an academic understanding of financial markets and how they function in practice. 

Award

Students on the MSc Behavioural Decision Making for Finance program will be eligible to win the Keep Scotland Beautiful Prize for Best Research in Behavioural Science relating to the Environment.

Student Managed Investment Fund

Our students have established a Student Managed Investment Fund (SMIF), with support of our academics within the Accounting and Finance Division. The SMIF allows you to gain practical experience of managing investments. A student-led project, it will help you to enhance your employability before you graduate – giving you exceptional practical understanding of theoretical aspects of investment valuation. Particular emphasis is placed on the principles of responsible investment, including the use of Environmental, Social and Governance (ESG) criteria when selecting stocks. Find out more about the Student Managed Investment Fund, the regular guest speakers and how you can get involved at the SMIF website.

The University of Stirling Management School

At the University of Stirling Management School, the principle of responsible business, policy and practice is central to everything we do. This vision helps us to equip our students effectively with the skills to act as global citizens, capable of addressing the needs of society.

As a member of the Chartered Association for Business Schools, we have strong links with industry and were recently awarded the Small Business Charter for engagement with local and regional enterprise.

Top reasons to study with us

MSc Behavioural Decision Making for Finance teaches you how behavioural tendencies impact upon financial outcomes. This course will provide you with the opportunity to:

  • develop the critical and technical skills needed to develop and assess pilot test investment strategies, product designs and regulations
  • learn the research skills required to predict market performance
  • design attractive financial products and anticipate the direct and indirect impacts of regulations
  • gain the critical skills required to assess investment strategies, financial products and financial regulations
  • cultivate communication skills to highlight the value added by our evidence-based approach
Preparing business leaders of the future

Postgraduate education at the University of Stirling Management School goes beyond text books and lecture rooms, we also focus on your personal and professional development.

Our unique Flying Start Leadership programme equips you with the awareness, knowledge and techniques essential for building a successful career. These range from practical skills, like effective public speaking, to developing ways to work under pressure in difficult situations and manage conflict. Find out more about Flying Start.


Developing real-world experience

As part of our focus on enhancing your employability we offer an intensive trading Boot Camp. Delivered on campus in conjunction with industry training specialist Amplify, the course helps you to bridge the gap between academic theories of financial markets and the real world.

See more about our trading boot camp.

If you’re interested in studying a module from this course, the Postgraduate Certificate or the Postgraduate Diploma then please email Graduate Admissions to discuss your course of study.

64% of our research outputs were classified as world-leading and internationally excellent in terms of their originality, significance and rigor and we were ranked 14th in the UK in terms of research impact with over 60% of our research impact judged to have outstanding reach and wide-ranging impact on the policies of public, private and governmental organisations. 

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