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    The Chicago School of Professional Psychology
  Oct 02, 2023
2022-2023 Academic Catalog and Student Handbook with Summer Addendum 
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2022-2023 Academic Catalog and Student Handbook with Summer Addendum [Archived Catalog]

Certificate in Behavioral Economics

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Program Overview

The Certificate in Behavioral Economics program is designed for working adults interested in increasing their knowledge of psychological perspectives of human decision making, risk assessment, and consumer behavior.  This program blends behavioral economics and business psychology to provide a unique alternative to a traditional MBA, with a foundation in advanced psychology that addresses broader business applications to decision making, negotiation, marketing, and consumer behavior. The curriculum begins with an introduction and overview to the fundamentals of behavioral economics. Students may then tailor their coursework by choosing two electives which best suit their professional goals.

Students may complete the Certificate in Behavioral Economics and apply the courses towards the MA Behavioral Economics  degree, or the non-degree seeking student may take nine credits in order to enhance their knowledge and expertise in the field.

Learning Outcomes

Upon successful of this program students will be able to:

Professional Practice

  • Generate solutions through the application of theory to the individual, group and organization including: the ability to interpret and synthesize research and theory using process consultation, assessment, and interventions.
  • Relate information in Oral and Written communication that is grammatically correct, logical, succinct and of publishable quality.
  • Manage relationships with others to enhance quality of work products rather than diminish work products including: managing conflict.

Admission Requirements

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Application to The Chicago School’s Certificate in Behavioral Economics program is open to any person who has earned a bachelor’s degree from a regionally accredited institution and who meets other entrance requirements. Applicants will be judged on their overall ability to do graduate work.  Factors that are considered in admission include GPA from undergraduate schools. Generally, an undergraduate GPA of a 3.0 or higher on a 4.0 scale is required for admission. Students must submit official transcripts from all schools where a degree was earned. It is recommended that transcripts are submitted from all schools where credit was received to enhance their application.  Additional factors that are considered in admission include the following:

  • Application Fee: $50
  • Resume or Curriculum Vitae
  • Official College/University Transcripts
  • Personal Statement/Essay answering the following two questions:
    1. How will your personal and professional accomplishments, academic background, and experience contribute to your success in this program?
    2. How will the successful completion of this program support your professional career goals?

Applicant Notification

The Chicago School reviews applications on a rolling basis. Once review begins, complete applications will be considered by the Admission Committee and applicants will be notified regarding the admission decision. The Chicago School does not share information or provide any feedback regarding admission decisions.

If a student is offered admission, in order to secure a place in the incoming class, a non-refundable tuition deposit of $250 will be required by the deposit deadline indicated in the offer of admission. The non-refundable deposit will be applied in full toward the student’s tuition upon enrollment.


The following policies are located under Academic Policies and Procedures : Academic Calendar, Admissions Requirements, Attendance, Satisfactory Academic Progress, Service Learning, and Transfer Credit/Course Waiver. Click the link above for detailed information.

The Curriculum

Required Core: 3 credit hours

Elective Courses: 6-7* credit hours

Program Total: 9-10* credit hours

*Students who choose IO519 Statistics and Lab as an elective will complete 7 total credit hours of electives, resulting in 10 credit hours total.

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