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Akash Bandyopadhyay is a Senior Lecturer in the Finance Department. Before joining the Kellogg faculty, he was a faculty member of Finance at the Graduate School of Business of the University of Chicago (now known as Booth School of Business). He also served as a Visiting Assistant Professor of Finance at the University of Illinois at Urbana-Champaign.

While finishing his PhD, Bandyopadhyay made a leap to Wall Street through his research on equity derivatives pricing models for Banc of America Securities and seminar presentation of his models at Goldman Sachs. After graduation, he continued working as a research quant in the investment banks (at the equity derivatives risk management group of Deutsche Bank, at the derivative analytics group for the corporate and institutional clients of Merrill Lynch, and at the market risk management group of Société Générale) before returning to academia.

Akash Bandyopadhyay’s research interests are in the areas of asset pricing theory, models, and empirical tests. His current focus is incomplete markets and markets with differential information and/or partial liquidity, and financial economics beyond standard models.

Students of the University of Chicago’s Graduate School of Business (now Booth School of Business) rated Akash Bandyopadhyay as the school's "most enthusiastic finance professor" when he taught there. His finance classes were among the most popular and demanding courses at Chicago GSB (Booth). He received numerous citations and awards for teaching excellence.

Bandyopadhyay received his PhD in Theoretical Physics from the University of Illinois at Urbana-Champaign in 2001.

Print Vita
PhD, 2001, Theoretical Physics, University of Illinois at Urbana-Champaign
MS, 1996, Theoretical Physics, University of Notre Dame
MSc, 1992, Physics, University of Calcutta, India
BSc, 1989, Physics, Mathematics and Statistics, Presidency College, University of Calcutta, India

Academic Positions
Senior Lecturer, Finance, Kellogg School of Management, Northwestern University, 2009-present
Adjunct Assistant Professor, Finance, Booth School of Business, University of Chicago, 2003-2008
Visiting Assistant Professor, Finance, College of Business, University of Illinois at Urbana-Champaign, 2001-2003

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Research Interests
Asset Pricing Theory, Models, and Empirical Tests
Derivative Securities and Markets
Equity Valuation, Investments and Portfolio Choice
Financial Econometrics
Financial Engineering
Financial Risk Management
Fixed Income Securities and Markets

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