About Us
Zhiwu Chen, Ph.D.
Dr. Chen is Professor of finance at the School of Management at Yale University. Before joining Yale, Dr. Chen was Professor of finance at the Ohio State University and the University of Wisconsin-Madison. At these universities, he has taught finance courses at the Ph.D., the MBA and undergraduate levels, including Investment Theory and Practice, Theory of Finance, and Options and Futures Markets.
Dr. Chen is well known for his leading research in the academic world of finance. His research covers a wide range of topics, with a focus on stock valuation, investments, and financial options and futures markets. He has published numerous research papers in several prestigious economics and finance journals, including the Journal of Finance, Journal of Financial Economics, Review of Financial Studies, American Economic Review, Journal of Business, and Journal of Economic Theory. Dr. Chen won the prestigious Merton Miller Prize in 1996 for his research on demographic changes and their impact on financial markets. He also received the Chicago Board Options Exchange Competitive Research Award in 1996 for his research on the Japanese stock market and related derivatives products.
He has also been active in portfolio management since early 1992. Dr. Chen has been very successful in translating his expertise on the theory of stocks, bonds, options and futures into "real market" applications.
Dr. Chen received his Ph.D. in finance in 1990, a M.Ph. and M.A. in 1988, all from Yale University. He earned his M.S. degree in systems engineering from the Changsha Institute of Technology in 1986, and a B.S. in computer science from the Central-South University of Technology in 1983, both universities in China.