The fields of Financial Psychology and Behavioral Finance are growing rapidly and the MBA emphasis in Financial Psychology & Behavioral Finance program will equip students to understand how psychological factors impact financial behaviors. The MBA emphasis in Financial Psychology & Behavioral Finance program requires a total of 33 credit hours for student with a prior business degree. For students without prior business course work an additional 3 to 6 credit hours may be required to meet the Functional Core requirements. Even though this program is online only, the MBA core and MBA functional core can be taken online or on-campus to provide more flexibility for the student.
Students will learn:
- How to improve client acquisition, retention, communication and relationships
- How to effectively identify and intervene on financial beliefs and behaviors that are likely to adversely impact a client’s financial health
- How to assist clients with developing a healthy relationship with money
- How to help clients overcome resistance to change and take positive actions
- How to aid clients in decreasing financial stress and increasing their income and net worth
MBA: Emphasis in Financial Psychology & Behavioral Finance course requirements (33 credits)*:
| Code | Title | Credits |
|---|---|---|
| MBA Core | ||
| MBA 730 | Survey of Business Intelligence and Analytics | 3 |
| MBA 771 | Leadership and Organizational Behavior | 3 |
| MBA 775 | Business Policy And Managerial Action | 3 |
| MBA 776 | Business, Ethics and Society | 3 |
| MBA Functional Core | ||
| MBA 761 | Marketing Management | 3 |
| or MBA 767 | Marketing Dynamics Seminar | |
| MBA Functional Core Elective - Choose 3 credits from below as Directed by Advisor. Note additional courses may be required to meet Functional Core.* | 3 | |
| Accounting for Managers | ||
| Managerial Finance (Required If Finance Foundation is not met) | ||
or MBA 712 | Advanced Managerial Finance | |
| Economic Analysis for Managers | ||
or MBA 742 | Seminar in Applied Managerial Economics | |
| Financial Psychology & Behavioral Finance Core | ||
| MFP 753 | Applied Behavior Finance | 3 |
| MFP 754 | Introduction to Financial Psychology | 3 |
| MFP 755 | Personal Financial Psychology | 3 |
| Financial Psychology & Behavioral Finance Electives (Choose two) | 6 | |
| Retirement Planning and Employee Benefits | ||
| Investment Value and Theory | ||
| Tax Theory and Business Decisions | ||
| Personal Insurance Risk Management | ||
| Psychology of Family Finances | ||
| Financial Communication and Client Interviewing | ||
| Total Credits | 33 | |
- *
Students who do not meet the basic requisites of the MBA Functional Core in Accounting, Finance, and Economics through prior academic coursework, may be required to take up to 6 six additional credit hours to meet the degree requirements. If additional credits are required, it will raise the total required for completion from 33 credits up to 39 credits.