Psychology of Risk

How to enhance the quality of your decisions

Program flyer
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Next available date: 12 December

 

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.

“I highly recommend this program as it is both engaging and enlightening, providing insight into unconscious patterns of thought that we may not be aware of.”

Trader, Enel Global Trading SpA, Italy

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.

How you will benefit

  • Enhance your understanding of the underlying psychological principles that systematically impact our financial decisions
  • Learn how you can and should measure people’s and investors’ risk preferences and perception
  • Integrate the latest in behavioral insights with quantitative risk management techniques
  • Strengthen the quality of your own financial decisions, and of those you work with

Program length
2 days

Day 1 09:00 – 17:30
Day 2 09:00 – 17:30

Next step
We offer carefully crafted learning paths designed to help you dive deeper into various facets of finance. Take the next step in your professional learning path by choosing one or more of our specialized programs, for example:

 

Day 1

  • Principle psychological concepts relevant for business decisions involving risk
  • Biases and heuristics, risk tolerance and its 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
  • Case studies and possible solutions to enhance business decisions involving risk

Program preparation

There is some preparatory work required for this program.  Pre-readings consist of case materials, chapters of a book and/or a few articles. These materials will be made available on a password protected webpage a few weeks prior to the program. To ensure maximum benefit from the program for participant and fellow-participants, we strongly advise to prepare prior to attending.

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

Read more:
> AIF-program on the psychology of risk: ‘We can’t just switch off our biases’

 

 

The Psychology of Risk 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.

Is this program not the right fit for you?
We offer other programs which you might find more interesting or useful, such as:


Faculty

Stefan Zeisberger

Stefan Zeisberger

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…

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  • 2 days
  • € 2950
  • Expertise, Risk Management
  • English
  • 4.2 / 5

Available dates

Need help?

Find your program here or contact us directly for personal advice:
Call us at +31 20 246 7140 or email us at [email protected].

Program flyer

For a more detailed program description and information regarding faculty please download the program document.


Accreditation

CFA/VBA – PL  credit hours
This program is eligible for 12 PL credit hours as granted by CFA Society VBA Netherlands

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Testimonials


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