- Docente: Valentino Moscariello
- Credits: 6
- SSD: SECS-P/01
- Language: Italian
- Teaching Mode: Traditional lectures
- Campus: Bologna
- Corso: Second cycle degree programme (LM) in Financial Markets and Institutions (cod. 0901)
Learning outcomes
At the end of the course the student understands the fundamental tools of patrimonial consultancy taking mainly into consideration the role of private banker and the professionalism oriented to personal financial planning and large assets.
In particular, the student will get high skills in analysing:
• the link between macroeconomic trends (scenario analysis) and the impacts on financial planning;
• the interconnections between business management and family businesses;
• the insurance and social security aspects of the personal life cycle.
Course contents
The course aims to provide an overview of the wealth management discipline linked to behavioral finance considering the main themes in both literature and practice.
The course introduces the following topics:
1. Behavioral Biases;
2. Cultural Differences in Investors' Behavior;
3. Neurological Foundations and Biases' Moderation;
4. Diagnostic Tests for Investment Personality;
5. Decision Theory;
6. Product Design;
7. Dynamic Asset Allocation;
8. Life‐Cycle Planning;
9. Risk Profiling;
10. Structured Wealth Management Process;
11. Fintech.
Readings/Bibliography
Behavioral Finance for Private Banking: From the Art of Advice to the Science of Advice, by Kremena K. Bachmann; Enrico G. De Giorgi; Thorsten Hens.
Teaching methods
In-class lectures.
Assessment methods
Written exam at the end of the course.
Teaching tools
iol on line platform
https://iol.unibo.it/course/view.php?id=41125
Office hours
See the website of Valentino Moscariello