Executive Certificate in Behavioral Economics for Social Impact Investors

About this Podcast

HOST: Welcome to our podcast, today I'm excited to have Dr. Jane Smith with us, an expert in behavioral economics and the instructor of the new course, 'Executive Certificate in Behavioral Economics for Social Impact Investors'. Dr. Smith, can you tell us more about this program? GUEST: Absolutely! This executive certificate is designed to equip philanthropists, impact investors, and nonprofit leaders with the tools to maximize their social impact. Participants will learn about decision-making biases and cognitive psychology, and how to design effective social programs and behavioral interventions. HOST: That sounds fascinating. How did you become interested in applying behavioral economics to social impact investing? GUEST: Well, I've always been passionate about using evidence-based strategies to create positive change. When I discovered the potential of behavioral economics to influence behavior change and achieve sustainable development goals, I knew I had to share this knowledge with others in the social impact space. HOST: I see. And what current industry trends are most relevant to this course? GUEST: There's a growing recognition of the importance of evidence-based decision-making in the social impact sector. Additionally, many organizations are starting to incorporate behavioral economics principles into their programs and interventions. HOST: That's great to hear. Have you encountered any challenges in teaching this subject to professionals in the field? GUEST: Yes, one challenge is helping participants unlearn some of the common misconceptions about behavioral economics. Another is demonstrating the practical applications of the concepts in real-world settings. HOST: I can imagine that would be a challenge. Where do you see the future of behavioral economics in social impact investing? GUEST: I believe behavioral economics will become an essential tool for social impact investors, enabling them to design more effective programs and interventions that truly make a difference. HOST: That's an exciting outlook. Thank you so much for joining us today, Dr. Smith, and for sharing your insights on this important topic. GUEST: My pleasure, thank you for having me.