Massachusetts Institute of Technology
René Stulz’s elective course, "Risk Management and Financial Engineering," is extremely popular with our MBA students. It provides premier insights from an expert who is sought after by both corporations and academia alike. In addition to teaching MBA students, Professor Stulz teaches in executive development programs worldwide and consults for major corporations, the New York Stock Exchange, the IMF, and the World Bank. He has provided testimony before Congress, is a director of several companies, the president of the Gamma Foundation, and a trustee of the Global Association of Risk Professionals.
René M. Stulz was the editor of the Journal of Finance, the leading academic publication in the field of finance, for 12 years. He is on the editorial board of more than 10 academic and practitioner journals. Further, he is a member of the Asset Pricing and Corporate Finance Programs and the director of the Risk of Financial Institutions Group of the National Bureau of Economic Research.
He has published more than 60 papers in finance and economics journals, including the Journal of Political Economy, the Journal of Financial Economics, the Journal of Finance, and the Review of Financial Studies. His published research deals with topics such as the valuation discount of conglomerates, the gains from acquisitions, the benefits and costs of leverage, spinoffs and asset sales, the determinants of liquid asset holdings of firms, secured debt, bank loans, the pricing of exotic options, credit risks, the cost of capital, managerial ownership, the market for corporate control, corporate governance, the performance of firms issuing debt and equity, the determinants of firm capital structures and liquid asset holdings, the use of derivatives in risk management, capital flows, and financial globalization. He is the author of a textbook titled "Risk Management and Derivatives" and has edited several books, including the "Handbook of the Economics of Finance."
Read René M. Stulz's full biography