What do the fields of Psychology and Finance have in common? If you were thinking “besides the fact that they are spelled without using any of the other word’s letters” than here is an opportunity to come up with a better answer to this question. Take out your agenda and block the following date to join our virtual master class

Date: May 30, 2012 (Wednesday)
Time: 15.00 (Madrid time), 21.00 (Singapore time)
Registration: IE Event Page


The Psychology of Finance  

Psychology plays a pivotal role in the pricing of assets. On average, during rainy days the stock market underperforms in comparison with sunny days. How human psychology affects these variables will be briefly viewed in this master class:

  • Define behavioral finance and review the role of human behaviors in decision making
  • Explain key behavioral biases
  • Identify how biases may result in less than rational investment and corporate decisions 

The session will be spearheaded by Dr. Kevin Spellman who describes himself as a pracademic – he has academic and professional experiences. He is a Professor and Director of the Investment Game at IE Business School, and the Director of the Investment Management Certificate Program at the University of Wisconsin-Milwaukee. He earned his PhD in behavioral finance from Durham University (UK), and has an MS in finance from University of Wisconsin-Madison and a BS in finance from the University of Wisconsin-LaCrosse. He is a member of the Financial Management Association, the CFA Institute, and has been a member of various CFA societies and a board member of the CFA Society of Madison. Dr. Spellman is a CFA charter holder.

Spellman’s academic pursuits (since 2000) have been in investments, including security analysis through portfolio management. His research focuses on issues related to behavioral finance, investment strategy, and asset pricing. He has taught various courses in financial management, investments, CFA review, and forensic accounting and has worked at various firms on the buy-side and sell-side of Wall Street. His experience crosses most asset classes (private equity, international equity, domestic equity, real estate, etc.), investment styles (contrarian, value, growth, momentum), and types of analysis (quantitative, fundamental, economic/strategic, behavioral)