MSc Finance with Behavioural Science

Tonje Skjarvik & Gemma McRann

Explore how the science of human behaviour, and the understanding of human judgement and decision-making in particular, provides practically relevant insights to the finance industry.

£2m of WBS scholarships announced for 2012.

WBS benefits from excellent links to key financial institutions and employers who support our Finance courses. Our course has benefited from a range of recommendations following consultation with the Bank of England, Goldman Sachs, Merrill Lynch, and many of our alumni. Best practice is embedded in our study programme - as WBS is a CFA Program Partner, employers will know that our masters in finance equips you with the skills that practitioners need in the field.

You must have a strong background in economics, mathematics, and statistics from your undergraduate studies to apply.

Financial markets are driven by patterns in human behaviour, at many levels: trading decisions, the impact of market and popular sentiment, and the formulation and impact of policy and regulation. Financial institutions, and businesses more widely, are all subject to decision-making biases, which may lead to bubbles or crashes which are out of line with economic fundamentals.

Industry practitioners and academic theorists are focusing increasingly on understanding how the science of human behaviour can provide insights relevant to the finance industry. Study with us and you will be at the forefront of these exciting developments.

Professor Nick Chater, Head, Behavioural Science group
Key facts
  • New for 2012
  • 12 months full time
  • Starts 24 September 2012
  • 8 modules: 6 core/2 elective
  • Assessment: 55% exams, 45% coursework/tests, 10-12,000 word dissertation
  • Fees £27,500 full-time
  • Substantial scholarships for outstanding applicants
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