Professor Graham obtained his doctorate from Duke University in business administration. He received a masters degree in economics from Virginia Commonwealth University and undergraduate degrees in math and economics from the College of William and Mary. After receiving his Ph.D., Professor Graham served on the faculty of the University of Utah for three years. Prior to graduate school, he worked for seven years as a financial economist at Virginia Electric and Power Company. Graham's research work is primarily in the area of investment management and corporate taxation. His work has been published in the top academic and practitioner journals. His work is frequently presented in conferences and is often featured in the business press. His tax rate calculations are recognized by many in the academic community as providing the best available measurement of the corporate tax burden.