SUDHEER CHAVA

Professor of Finance

Finance Area Coordinator

Director, Quantitative and Computational Finance (QCF) Program

http://www.prism.gatech.edu/~schava6/

http://scholar.google.com/citations?user=AXYf-i8AAAAJ

http://ssrn.com/author=292365

WORK EXPERIENCE

Professor of Finance

Scheller College of Business at Georgia Tech

2014-

Associate Professor 2010-2013

Linda and Lloyd L. Byars Award for Faculty Research Excellence (school wide), 2014

Area Coordinator Finance Area, Scheller College of Business 2015-

PhD Coordinator Finance Area, Scheller College of Business 2014-15

Director Quantitative and Computational Finance Program

(#10 in North America, Quantnet

joint program of School of Mathematics, Industrial and

Systems Engineering, and Scheller College of Business

at Georgia Tech)

2013-

Visiting Scholar Federal Reserve Bank of Atlanta 2015-

Assistant Professor Mays Business School, Texas A&M University 2006-10

Tenure & Promotion to Associate Professor effective Sep 1, 2010 approved by Texas A&M board of regents

Ricky W. Griffin Award for Research Excellence (school wide), 2009

Gina and William H. Flores Fellowship, 2009-2013

Mays Faculty Fellowship for Research Excellence 2009-2013

Deans Research Excellence Grant 2007, 2008, 2009

Assistant Professor Bauer College of Business, University of Houston 2003-06

Fixed Income Analyst SBICAP, India 1997-98

EDUCATION

Ph.D. (Finance) Cornell University 1998-2003

M.B.A. (Finance) Indian Institute of Management, India 1995-1997

B.Tech (Computer Science) Nagarjuna University, India 1991-1995

RESEARCH INTERESTS

Credit Risk, Risk Management, Empirical Asset Pricing, Financial Institutions, and Corporate Finance

PUBLICATIONS IN REFEREED JOURNALS

1. Chava, Sudheer, Michael Gallmeyer and HJ Park, 2015, “Credit Conditions and Stock Return Predictability, Journal of Monetary Economics, 74, 117-132

European Finance Association Annual Meetings at Frankfurt, 2010

Third Risk Management Conference at Mont Tremblant, Canada

Finance Down Under Conference at University of Melbourne, Australia

2. Ekkehart Boehmer, Sudheer Chava and Heather Tookes, 2015, Related Securities and Equity Market

Quality: The Case of CDS, Journal of Financial and Quantitative Analysis, 50(3), 509-541.

Q Group Research Award

European Finance Association Annual Meetings at Stockholm, 2011

7th Central Bank Conference on Market Microstructure of Financial Markets, Stavanger, 2011

3. Chava, Sudheer, 2014, “Environmental Externalities and Cost of Capital”, Management Science,

60(9):2223-2247.

Honorable mention for the Moskowitz Prize in Socially Responsible Investing

2012 French Asset Managers Workshop, Paris,

First Geneva Summit on Sustainable Finance at the University of Geneva (Switzerland),

Finance and Responsible Business Practices: Research, Practice and Policy Conference at UC Berkeley, 2011,

European Finance Annual Meetings, 2010

Q Group Spring Meetings at Amelia Beach, Florida, April 2011

This paper combines and supersedes two papers that were previously circulated as "Do Environmental

Concerns Affect the Cost of Bank Loans?" (also titled "Environmentally Responsible Lending") and "Socially

Responsible Investing and Expected Stock Returns"

4. Chava, Sudheer, Alex Oettl, Ajay Subramanian and Krishnamoorthy Subramanian, 2013, “Banking

Deregulation and Innovation”, Journal of Financial Economics, 109 (3), 759-775.

12th Annual Roundtable for Engineering Entrepreneurship Research, Atlanta

5. Chava, Sudheer, Catalina Stefanescu and Stuart Turnbull, 2011, “Modeling Expected Loss”, Management

Science, 57, 1267-1287

Honorable Mention for the Best Paper award (Financial Services Section) at the INFORMS annual Meetings

Paper was Presented at* Derivatives Research Conference at FDIC, INFORMS Annual Meetings, BMBF

Workshop on Credit Risk Management

6. Chava, Sudheer and Amiyatosh Purnanandam, 2011, “The Effect of Banking Crisis on Bank-Dependent

Borrowers”, Journal of Financial Economics , 99, 116-135

This paper won the FDIC-CFR Fellowship award

Abstracted in World Bank’s Newsletter Interest Bearing Notes

Paper was presented* at Western Finance Association’s Annual Meetings, 2006, 42nd Bank Structure

Conference at Federal Reserve Bank of Chicago, 2006, European Finance Association’s Annual

Meetings in Zurich, 2006, Systemic Risk Conference at Federal Reserve Bank of Atlanta, FDIC-CFR

Conference in 2006, Financial Intermediation Research Society’s Meetings in Shanghai, 2006, Michigan

State University, Texas A&M University, Federal Deposit Insurance Corporation (FDIC), Federal

Reserve Bank-New York , Center for Financial Research at FDIC, University of Illinois, Urbana-

Champaign, University of Miami, Washington University, Arizona State University, Rice University

and, University of Houston.

7. Chava, Sudheer and Amiyatosh Purnanandam, 2010, "Is Default Risk Negatively Related to Stock

Returns?”, Review of Financial Studies, 23, 2523 - 2559.

Paper was presented* at University of Texas at San Antonio, University of Houston, Texas A&M

University, Utah Winter Finance Conference, 2008 and Derivatives Research Conference at FDIC, 2008

8. Chava, Sudheer and Amiyatosh Purnanandam, 2010, “CEOs Vs CFOs: Incentives and Corporate Policies"

Journal of Financial Economics, 97, 263-278.

9. Chava, Sudheer, C S Agnes Cheng, Henry Huang, and Gerald J Lobo, 2010, Implications of securities class

actions for cost of equity capital, International Journal of Law and Management 52, 144-161.

10. Chava, Sudheer, Praveen Kumar and Arthur Warga, 2010, “Managerial Agency and Bond Covenants”,

Review of Financial Studies, 23, 1120-1148

Lead Article in the March 2010 issue of Review of Financial Studies

Paper was presented* at Western Finance Association Annual Meetings, 2005

11. Chava, Sudheer, Dmitry Livdan and Amiyatosh Purnanandam, 2009, “Do Shareholder Rights Affect the

Cost of Bank Loans”, Review of Financial Studies, 22, 2973-3004.

Featured in Harvard Law School Corporate Governance Blog

Featured in UNPRI’s RI Quarterly

Paper was presented* at European Finance Association Annual Meetings at Maastricht, 2004, University of

Houston and Texas A&M University

12. Chava, Sudheer and Robert Jarrow, 2008, “Modeling Loan Commitments”, Finance Research Letters, 5(1),

11-20.

Co-Winner of the Ross Award for the best paper published in the journal during 2008

13. Chava, Sudheer and Michael Roberts, 2008, "How Does Financing Impact Investment? The Role of Debt

Covenant Violations", Journal of Finance, 63(5), 2085-2121

Lead Article in the October 2008 issue of Journal of Finance

Finalist for Brattle Prize for the best paper in Corporate Finance published in Journal of Finance during

2008

Paper was presented* at Olin Corporate Finance Conference, 2006, Second Annual Penn/NYU Conference on

Law and Finance, 2006, New York Fed/NYU Stern Salomon Center Conference on Financial Intermediation,

American Finance Association Annual Meetings, 2007,

14. Chava, Sudheer and Amiyatosh Purnanandam, 2007, “Determinants of the Floating-to-Fixed Rate Debt

Structure of Firms”, Journal of Financial Economics, 85, 755-786

Paper was presented* at European Finance Association Annual Meetings at Zurich, 2006, Financial

Intermediation Research Society Meetings at Shanghai, 2006

15. Chava, Sudheer and Robert Jarrow, 2004, “Bankruptcy Prediction with Industry Effects”, Review of

Finance, 2004, 8(4), 537-569

Nominated for Goldman Sachs award for the best paper published in the journal during 2004

7th most cited paper in Review of Finance across all years as of May 2013

Paper was presented* at Financial Management Annual Meetings at Toronto, Canada, 2001

WORKING PAPERS

16. “Moral Hazard in Bank Lending” (with Rohan Ganduri and Indraneel Chakraborty)

American Finance Association Annual Meetings, 2016

17. Financial Constraints, Monetary Policy Shocks, and the Cross-Section of Equity Returns (with Alex Hsu)

SFS Finance Cavalcade, 2015

18. “Are Credit Ratings Still Relevant?” (with Rohan Ganduri and Chayawat Ornthanalai)

Q Group Research Award

2013 Western Finance Association Annual Meetings

European Finance Association Annual Meetings at Copen Hagen, 2012

Derivatives Research Conference at FDIC, 2012

19. Do Bond Investors Price Tail Risk Exposures of Financial Institutions? (with Rohan Ganduri and Vijay

Yerramilli)

GARP Risk Management Research Award, 2013

American Finance Association Annual Meetings, 2015

Risks of Non-Bank Financial Institutions Conference at Federal Reserve Bank of Atlanta, 2014

Erasmus Credit Conference, 2014

20. “Shareholder Bargaining Power and Debt Overhang” (with Emmanuel Alanis and Praveen Kumar)

Finance Down Under Conference at University of Melbourne, Australia

21. The Dynamics of Borrower Reputation Following Financial Misreporting (with Shane Johnson and

Kershen Huang)

22. “Impact of Covenant Violations on Corporate R&D and Innovation” (with Vikram Nanda and Steven

Chong Xiao)

Finance Down Under Conference at University of Melbourne, Australia

23. "Dynamic Financial Covenant Thresholds (with Shunlan Fang and Saumya Prabhat)

24. Lending to Innovative Firms (with Vikram Nanda and Chong Xiao)

Kauffman Foundation’s Entrepreneurial Finance and Innovation Conference at Boston, 2013 25. “Covenants, Creditors Simultaneous Equity Holdings and Firm Investment Policies" (with Rui Wang and

Hong Zhou)

China International Conference in Finance, 2015

26. Will Restraints on Marketing Violent Movies Deter Crime? (with Sriram Venkatraman and Pradeep

Chintagunta)

INVITED ACADEMIC SEMINARS

1. Singapore Management University (Spring 2016)

2. George Washington University (Spring 2016)

3. University of Cincinnati (Spring 2016)

4. Cheung Kong Graduate School of Business (CKGSB), March 2015 - rescheduled

5. Louisiana State University, Nov 2014

6. Boston College, Nov 2014

7. Georgia State University, Nov 2014

8. University of Georgia, Sep 2014

9. Clemson University, 2014

10. University of Texas at Dallas, January 2014

11. University of Miami, January 2014

12. University of Illinois at Urbana-Champaign, December 2013

13. State University of New York (Dec 2013)

14. Shanghai Advanced Institute of Finance, Shanghai Jiao Tong University (Dec 2013, rescheduled)

15. Hong Kong University of Science and Technology (Dec 2013, scheduled)

16. Clemson University, October 2013

17. University of Waterloo, Canada (September 2013), Control Rights, Control Rights, Creditors

Simultaneous Equity Holdings and Firm Investment Policy” and “Credit Default Swaps and Moral

Hazard in Bank Loans”

18. Indian School of Business, Hyderabad, July 2013, Control Rights, Control Rights, Creditors

Simultaneous Equity Holdings and Firm Investment Policy” and “Credit Default Swaps and Moral

Hazard in Bank Loans”

19. Indian Institute of Management, Bangalore, July 2013, “Control Rights, Creditors Simultaneous Equity

Holdings and Firm Investment Policy” and “Credit Default Swaps and Moral Hazard in Bank Loans”

20. Moore School of Business at University of South Carolina, April 2013, “Lending to Innovative Firms:

The Role of Lender Expertise and Control Rights”

21. University of Hong Kong, April 2013, “Lending to Innovative Firms: The Role of Lender Expertise and

Control Rights”

22. Darden Business School, University of Virginia, March 2013, “Lending to Innovative Firms: The Role of

Lender Expertise and Control Rights”

23. Fox School of Business at Temple University, March 2013, “Lending to Innovative Firms: The Role of

Lender Expertise and Control Rights”

24. Texas A&M University, Dec 2012, “Lending to Innovative Firms: The Role of Lender Expertise and

Control Rights”

25. Southern Methodist University, 2012, “Are Credit Ratings Still Relevant?”

26. Maastricht University, 2012, “Are Credit Ratings Still Relevant?”

27. Erasmus University, 2012, “Are Credit Ratings Still Relevant?”

28. European School of Management and Technology (ESMT) Berlin, 2012, “Are Credit Ratings Still

Relevant?”

29. University of Alberta, 2012, “Are Credit Ratings Still Relevant?”

30. University of Oklahoma, 2012, “Are Credit Ratings Still Relevant?”

31. University of North Carolina at Charlotte, 2011, “Shareholder Bargaining Power and Debt Overhang”

32. Boston College, 2011, “Environmental Externalities and Cost of Capital”

33. University of Alabama, 2011, “Environmental Externalities and Cost of Capital”

34. Georgia Institute of Technology, 2010, “Environmental Externalities and Cost of Capital”

35. Bank of Canada, 2010, “Environmental Externalities and Cost of Capital”

36. Federal Reserve Bank of Atlanta, 2010, “Environmental Externalities and Cost of Capital”

37. Arizona State University, 2010, “Environmental Externalities and Cost of Capital”

38. Michigan State University, 2010, “Environmental Externalities and Cost of Capital”

39. City University of Hong Kong, 2010, “Environmental Externalities and Cost of Capital”

40. Texas A&M University, 2008, "Is Default Risk Negatively Related to Stock Returns?”

41. Arizona State University, 2008, “The Effect of Banking Crisis on Bank-Dependent Borrowers”

42. Bauer College of Business at University of Houston, 2008, "Is Default Risk Negatively Related to Stock

Returns?”

43. University of Illinois, Urbana-Champaign, 2008, “The Effect of Banking Crisis on Bank-Dependent

Borrowers”

44. Rice University, 2008, “The Effect of Banking Crisis on Bank-Dependent Borrowers”

45. University of Miami, 2008, “The Effect of Banking Crisis on Bank-Dependent Borrowers”

46. Washington University, St. Louis, 2008, “The Effect of Banking Crisis on Bank-Dependent Borrowers”

47. College of William and Mary, 2007, “The Effect of Banking Crisis on Bank-Dependent Borrowers”

48. Mays School of Business, Texas A&M University, 2006, “The Effect of Banking Crisis on Bank-

Dependent Borrowers”

49. University of Texas at San Antonio, 2006, "Is Default Risk Negatively Related to Stock Returns?”

50. Eli Broad School of Management, Michigan State University, 2006, “The Effect of Banking Crisis on

Bank-Dependent Borrowers”

51. Johnson School of Management, Cornell University, 2003, “Modeling Loan Commitments and Liquidity

Crisis”

52. Terry College of Business, University of Georgia, 2003, “Modeling Loan Commitments and Liquidity

Crisis”

53. Case Western Reserve University, 2003, “Modeling Loan Commitments and Liquidity Crisis”

54. University of Iowa, 2003, “Modeling Loan Commitments and Liquidity Crisis”

55. College of William and Mary, 2003, “Modeling Loan Commitments and Liquidity Crisis”

56. Bauer College of Business at University of Houston, 2003, “Modeling Loan Commitments and Liquidity

Crisis”

INVITED ACADEMIC CONFERENCES

57. FMA conference, 2015 (discussant)

58. Corporate Finance conference at Northeastern University (discussant)

59. CEAR Conference, 2015 (discussant)

60. Western Finance Association Annual Meetings, 2014 (discussant x 2 papers)

61. 2014 RFS-SFS Cavalcade (Session Chair)

62. CEAR Conference, 2014 (discussant)

63. Utah Winter Finance Conference, 2014 (discussant)

64. Center for Analytical Finance Conference at Indian School of Business, India, 2013 (discussant)

65. American Finance Association Annual Meetings at San Diego, 2013 (Discussant),

66. Western Finance Annual Meetings at Tahoe, 2013 (Discussant),

67. First Geneva Summit on Sustainable Finance at the University of Geneva (Switzerland),

68. RFS-SFS Finance Cavalcade at Miami (Session Chair for session on Credit Risk)

69. American Finance Association Annual Meetings at Chicago (Discussant),

70. European Finance Association Annual Meetings at Copen Hagen (discussant),

71. French Asset Managers Workshop, Paris,

72. University of British Columbia (UBC) Winter Finance Conference at Whistler (discussant),

73. Kauffman Foundation’s Entrepreneurial Finance and Innovation Conference at Boston (discussant),

74. FMA PhD Consortium (discussant),

75. European Finance Association Annual Meetings at Copenhagen,

76. American Finance Association Annual Meetings at Denver (Discussant),

77. Western Finance Annual Meetings at Santa Fe (Discussant),

78. Q group Spring Conference at Amelia Beach

79. Finance Down Under Conference at University of Melbourne,

80. Finance and Responsible Business Practices: Research, Practice and Policy Conference at UC Berkeley,

81. Center for Empirical Legal Studies Conference at Northwestern University

82. Bank of Canada,

83. Federal Reserve Bank of Atlanta,

84. American Finance Association Annual Meetings at Atlanta (Discussant),

85. European Finance Association Annual Meetings at Frankfurt

86. Derivatives Research Conference at FDIC,

87. Frank Batten Young Scholars Conference at College of William and Mary,

CONFERENCE PROGRAM COMMITTEES AND DISCUSSIONS

Invited discussant at American Finance Association Annual Meetings , Western Finance Association

Annual Meetings, European Finance Association Annual Meetings

Organizing Program Committee Member, Session Chair and Discussant at Financial Management

Association Annual Meetings

Program Committee Member for Tel Aviv Finance Conference, Israel for 2010, 2011, 2012, 2013

Program Committee Member for Finance Down Under Conference at University of Melbourne,

Australia, 2012, 2013

Program Committee Member for Center for Analytical Finance Conference at Indian School of

Business, India for 2013

Program Committee Member for Society for Financial Studies (SFS) Finance Cavalcade (2014, 2015)

Program Committee Member for European Finance Association Annual Meetings, 2015

EDITORIAL APPOINTMENTS

Associate Editor, Journal of Banking and Finance (2015-)

REFEREE

Ad-hoc referee for

1. Journal of Finance,

2. Journal of Financial Economics,

3. Review of Financial Studies,

4. Quarterly Journal of Economics,

5. Journal of Financial and Quantitative Analysis

6. Review of Finance,

7. Management Science.

8. The Accounting Review

9. Journal of Financial Intermediation,

10. Journal of Banking and Finance,

11. Journal of Corporate Finance,

12. Quantitative Finance,

13. Applied Stochastic Models in Business and Finance,

14. European Journal of Finance,

15. Journal of Empirical Finance,

16. Journal of Financial Markets,

17. Financial Management,

18. International Review of Finance,

19. International Journal of Managerial Finance,

20. Finance Research Letters,

21. Journal of Credit Risk,

22. Review of Economics and Statistics,

23. Journal of Money, Credit and Banking,

24. Journal of Accounting and Public Policy,

25. Journal of Economics and Management Strategy,

26. Accounting Review

27. European Journal of Accounting Research,

28. Journal of Financial Services Research

EXTERNAL GRANT REVIEWING

National Science Foundation (multiple years)

Social Sciences and Humanities Research Council of Canada (multiple years)

National University of Singapore (Credit Risk for NUS Risk Management Institute)

Swiss National Science Foundation

Austrian Science Fund

Research Grants Council of Hong Kong

City University of Hong Kong

University of Hong Kong

STUDENT ADVISING

Ph.D. Student Advising

Georgia Tech

o Xiao “Steven” Chong (Co-Chair, First placement at Rutgers University)

o Rohan Ganduri (Chair, Ongoing)

First year paper

At Western Finance Association Annual Meetings

Won Q-Group Research Award

Second year paper

At American Finance Association Annual Meetings

Won GARP Research Award

o Ji Zhou (second year paper)

o Chang Liu (second year paper)

Emory University

o Cheng Mengyao, Accounting (Committee Member)

First placement at Boston College

Texas A&M

o Emmanuel Alanis

o Heungju Park (co-chair, first placement at Peking University)

o Kershen Huang (co-chair, first placement at Bentley University)

o Kashyap Gupta

University of Houston

o Henry Huang

o Mary Geddie

SERVICE

Georgia Institute of Technology

Area Coordinator (June 2014- )

PhD Coordinator (Aug 2014- Aug 2015)

Faculty Director for Quantitative and Computational Finance Program (May 2013-)

Committee Member

o MBA Task Force

o Business Analytics Task Force

o Fulltime and Evening MBA Program Committee

Benchmarked Georgia Tech Quantitative & Computational Finance Program (QCF) for QCF Task Force

Faculty Mentor for Capstone project in Steven A. Denning Technology & Management Program (2013,

2014)

Affiliated faculty member of the Ray Anderson Center for Sustainable Business at Georgia Tech

Affiliated faculty member of the Center for Business Analytics at Georgia Tech

Texas A&M University

Acting PhD director – Summer 2009

Member of the PhD. Committee, 2007-2010

Member of the Faculty Recruiting Committee, 2009-2010

Designed and graded the Corporate Finance Theory PhD qualifier for June 2008, August 2008, June

2009, Aug 2009 and June 2010.

Mays Business School Data Committee, 2009-2010

University of Houston

Member of the Faculty Recruiting Committee, 2004, 2005

Department Coordinator for the Senior honors thesis program for the undergraduate honors college

Member of the Data and Computing Committee

Co-organizer of the Finance Seminar Series 2003-2005

TEACHING

Undergraduate / Masters: Options and Futures, Risk Management, Valuation, Cases in Financial Crisis, Credit

Risk and Management of Financial Institutions.

Ph.D. Seminars: Corporate Theory and Empirical Methods in Finance.

All teaching ratings are for Item 10 (The instructor was an effective teacher compared to other instructors) or

equivalent. Out of 5; 5 is strongly agree and 1 is strongly disagree. Out of 38 classes I have taught in my career

so far, the rating distribution for item 10 is as follows

Teaching ratings in [4.5 – 5.0] – 20/ 38

Teaching ratings in [4.0 – 4.5) – 10/ 38

Teaching ratings in [3.5 – 4.0) – 8 / 38

Teaching ratings in [0.0 - 3.5) – 0 / 38

University of Houston (all classes at undergrad level) 1. Spring 2004, Options and Futures, 5.00/5.0 2. Spring 2004, Options and Futures, 4.91/5.0 3. Spring 2004, Options and Futures, 4.46/5.0 4. Fall 2004, Risk Management, 4.00/5.0 5. Spring 2005, Options and Futures, 4.76/5.0 6. Spring 2005, Options and Futures, 4.67/5.0 7. Spring 2005, Options and Futures, 4.17/5.0 8. Spring 2006, Options and Futures, 4.29/5.0 9. Spring 2006, Options and Futures, 4.71/5.0 10. Spring 2006, Options and Futures, 4.28/5.0

Texas A&M University

1. Fall 2006,Valuation, (Undergrad), 4.56/5.0

2. Fall 2006,Valuation, (Masters in Accounting), 3.67/5.0

3. Fall 2006, (MBA), Valuation, 4.72/5.0

4. Fall 2007,Valuation, (Undergrad), 3.75/5.0

5. Fall 2007,Valuation, (Masters in Accounting), 3.88/5.0

6. Spring 2008,Theory of Corporate Finance (Finance and Accounting Ph.D. students), 4.11/5.0

7. Spring 2009,Theory of Corporate Finance (Finance and Accounting Ph.D. students), 3.60/5.0

8. Spring 2009, Cases in Financial Crisis, (Masters in Accounting), 3.58/5.0

9. Fall 2009,Empirical Methods in Finance (Finance and Accounting Ph.D.), 5.0/5.0

10. Spring 2010, Theory of Corporate Finance (Finance and Accounting Ph.D. students), 4.67/5.0

11. Spring 2010, Credit Risk, (Undergrad), 4.78/5.0

12. Spring 2010, Credit Risk, (Undergrad), 4.44/5.0

Georgia Tech 1. Fall 2010, Management of Financial Institutions (MBA students), 4.00/5.0 2. Fall 2010, Risk Management (QCF students), 4.30/5.0 3. Fall 2011, Management of Financial Institutions, (Undergrad), 3.60/5.0 4. Fall 2011, Risk Management, (QCF students, 4.74 /5.0 5. Fall 2011, Management of Financial Institutions, (MBA students), 4.83 /5.0 6. Summer 2012, Financial Management, (MBA students), 3.50/5.0 7. Fall 2012, Management of Financial Institutions, (Undergrad), 4.39/5.0 8. Fall 2012, Risk Management, (QCF students), 4.76/5.0 9. Fall 2012, Management of Financial Institutions, (MBA students), 4.82/5.0 10. Fall 2013, Management of Financial Institutions, (Undergrad), 3.73/5.0 11. Fall 2013, Risk Management, (QCF students), 4.5/5.0 12. Fall 2013, Management of Financial Institutions, (MBA students), 4.5/5.0 13. Spring 2014, Topics in Asset Management (QCF student). 4.9/5.0 14. Fall 2014, Management of Financial Institutions, (MBA students), 4.8/5.0 15. Fall 2014, Risk Management, (QCF students), 4.8/5.0 16. Fall 2014, Practice of QCF, 4.9/5.0

AWARDS, HONORS AND GRANTS

Best Paper Awards or Nominations

Finalist for Brattle Prize for the best paper in Corporate Finance published in Journal of Finance during

2008

Co-Winner of the Ross Award for the best paper published in Finance Research Letters

Nominated for Goldman Sachs award for the best paper published in Review of Finance during 2004

Honorable Mention for the Best Paper award (Financial Services Section) at the INFORMS annual

Meetings

Honorable Mention for Moskowitz Prize given by Center for Responsible Business at University of

California, Berkeley

External Grants or Fellowships

2013 GARP Risk Management Program Research Award

2012 Q-group Research Award

2010 Q-group Research Award

Federal Deposit and Insurance Corporation (FDIC- CFR) Fellowship

Morgan Stanley Microstructure Research Grant

Financial Services Exchange Grant

Scheller College of Business, Georgia Tech

Linda and Lloyd L. Byars Award for Faculty Research Excellence (school wide), 2014

Mays Business School, Texas A&M Univeristy

Ricky W. Griffin Award for Research Excellence (school wide), 2009

Gina and William H. Flores Fellowship, 2009-2013

Mays Faculty Fellowship for Research Excellence 2009-2013

Deans Research Excellence Grant 2007, 2008, 2009

*includes presentations by co-authors at conferences when the paper itself was selected through a competitive process