Kewei Hou

Professor of Finance
Ric Dillon Endowed Professor in Investments



Professor Kewei Hou’s primary research interest is in the area of empirical asset pricing with a specialization in the predictability of asset returns. He has published in the Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Journal of Accounting and Economics, Review of Finance, Journal of Financial and Quantitative Analysis, and Management Science.

Professor Hou is an Editor of the Journal of Empirical Finance, Associate Editor of the Journal of Banking and Finance and Asia-Pacific Journal of Financial Studies, Faculty Research Fellow of the Charles A. Dice Center for Research in Financial Economics and the China Academy of Financial Research, and the recipient of research grants from the Institute for Quantitative Research in Finance (Q-Group), INQUIRE-Europe, INQUIRE-UK, BSI GAMMA Foundation, Chicago Quantitative Alliance, and Research Grants Council (RGC) of Hong Kong. Professor Hou joined the Ohio State University Fisher College of Business in 2001. He received his B.S. in Electrical Engineering from the University of Science and Technology of China (USTC) and his Ph.D. in Finance from the University of Chicago Booth School of Business.

Areas of Expertise

  • Capital Markets
Corporate Finance
  • Valuation
  • Asset Pricing
  • Capital Markets
  • Derivatives
  • Financial Markets
  • Investments
  • Theoretical and Empirical Asset Pricing
  • International Finance
  • Asian-Pacific
  • China


  • Ph.D., Finance,  University of Chicago, Booth School of Business
  • B.S., Electrical Engineering, University of Science and Technology of China (USTC)



  • BUSFIN 7230 - Derivatives Markets

    Advanced investments class studying how to value options and related instruments using binomial pricing models and how to value and implement strategies using futures. Prereq or concur: MBA 6223. Not open to students with credit for 823.

  • BUSFIN 4229 - Options and Futures

    This course explores the valuation of forwards, options, forward-based, and option-based financial instruments. While a student may have studied options and/or forwards in other courses, this course examines in detail the analytical methods used to price these securities, and the analytical analysis of arbitrage, hedging, and speculation using these securities. Prereq: 4211, 4221, and BusMHR 2291 or 2292. Not open to students with credit for or currently enrolled in 4219 or 4239.

  • BUSFIN 8255 - Advanced Asset Pricing 2

    The course will present a detailed look at the state of the anomaly and factor pricing literature as it stands today. The goal is to acquaint you with the major themes and important questions that are the subjects of on-going investigations, and to equip you with a solid understanding of the primary quantitative tools to enable you to participate in and to contribute to these investigations. Prereq: Permission of instructor.