Behavioral finance programs incorporate intensive coursework and real-world experience to help scholars obtain a more thorough understanding of how domestic and international markets work. Courses may focus on using cutting-edge valuation methods, the importance of ethical decision making and how to more effectively manage corporate risks.

The PhD is a doctoral degree, specifically called a "doctor of philosophy" degree. This is misleading because PhD holders are not necessarily philosophers (unless they earned their degree in philosophy!). That said, PhD recipients are able to engage in thought experiments, reason about problems, and solve problems in sophisticated ways.