Finance is not social science. I think it’s more similar to engineering: you need to have a grasp of the underlying concepts and be able to do the math, but the real world will screw you up on a very regular basis and so you need to be able to deal with that.
If you consider finance a subset of social science then the U.S. puts a lot of its best and brightest there.
Hedge funds do manage to employ the best and brightest, on the other hand I’m not sure whether the same is true for the academic subject of finance.
Finance is not social science. I think it’s more similar to engineering: you need to have a grasp of the underlying concepts and be able to do the math, but the real world will screw you up on a very regular basis and so you need to be able to deal with that.
Behavioral finance is supposedly a big thing.
Taking psychology into consideration doesn’t make finance a social science any more than sociological factors make civil engineering a social science.