Finance and Business Economics

The Finance and Business Economics (F&BE) Area is well-known for its research on topics in portfolio theory and management, energy economics, corporate finance, derivatives, capital markets and telecommunications, among other things. Faculty members’ research has appeared in leading journals such as the Journal of Finance, Econometrica, Review of Economic Studies, Review of Economics and Statistics, Journal of Monetary Economics, Journal of Financial Economics, Journal of Economic Theory, Journal of Financial and Quantitative Analysis, and the Review of Financial Studies, among others.

Area members are also well-known for their award-winning teaching and contributions to pedagogical research. Offerings in finance are very extensive at both the undergraduate and graduate levels, with courses ranging from financial modelling to pension plan management to Islamic finance. At both the undergraduate and graduate levels the Area’s offering also support and prepare students for the Chartered Financial Analyst (CFA) and Certified Financial Planner (CFP) designations. The area also encourages financial literacy across the university by making courses available to all undergraduate students on topics such as personal finance, financial management of health care organizations and entrepreneurial finance.

The area has been awarded a number of scholarly distinctions in recent years, including four academic chairs and two named professorships:

  • BMO Financial Group Chair in Capital Markets – Financial Literary and the Individual Investor
  • CIBC Chair in Financial Markets
  • Mackenzie Investments Chair in Evidence-Based Investment Management
  • Michael Lee Chin Family Chair in Investment and Portfolio Management
  • Michael Lee Chin Family Industry Professorship in Strategic Business Valuation
  • TSX Visiting Professorship

The Director of the Michael Lee Chin Institute for Strategic Business Studies and the Editor-in-Chief of the Energy Studies Review are also resident in the Finance and Business Economics Area.

Publications Sample

  • The pricing and performance of leveraged exchange-traded funds
    Cadenillas, Abel, Sudipto Sarkar and Fernando Zapatero | Mathematical Finance 17 (81-109) | 2007
  • Estimation Error in the Average Correlation of Security Returns and Shrinkage Estimation of Covariance and Correlation Matrices
    Kwan, Clarence C. Y. | Finance Research Letters 5, 236-244. | 2008
  • Endogenous Liquidity in the Credit Derivatives
    Qiu, Jiaping, and Fan Yu | Journal of Financial Economics 103, 611-631 | 2012

More Publications

Faculty

Ronald Balvers

Ronald Balvers

Professor

Trevor Chamberlain

Trevor Chamberlain

Professor

M. W. Luke Chan

M. W. Luke Chan

Professor

Narat Charupat

Narat Charupat

Professor

Sherman Cheung

Sherman Cheung

Professor

Anna Danielova

Anna Danielova

Associate Professor

Richard Deaves

Richard Deaves

Professor

Clarence C.Y. Kwan

Clarence C.Y. Kwan

Professor

Rosemary (Guo Ying) Luo

Rosemary Luo

Professor

John Maheu

John Maheu

Professor

Katya Malinova

Katya Malinova

Associate Professor

Peter Miu

Peter Miu

Professor

Dean Mountain

Dean Mountain

Professor

Jiaping Qiu

Jiaping Qiu

Professor

Sudipto Sarkar

Sudipto Sarkar

Professor

John Siam

John Siam

Associate Professor

Yan Wang

Yan Wang

Assistant Professor