NASHVILLE, Tenn. – Internationally renowned derivative securities expert Robert E. Whaley has been named the Valere Blair Potter Professor of Management at the . Whaley, who began his academic career at the Owen School 28 years ago, most recently was the T. Austin Finch Foundation Professor of Business Administration at the at , where he had been on faculty since 1986.
Whaley’s expertise lies in derivatives contract valuation and risk management, market microstructure and market volatility. He has developed three market indexes for the : the Market Volatility Index (VIX), the NASDAQ Market Volatility Index (VXN) and the BuyWrite Monthly Index (BXM).
“I’m pleased to announce that Bob Whaley is returning to ²¤ÂÜÊÓƵ,” said Owen School Dean James W. Bradford. “Bob is a highly distinguished finance professor whose expertise and award-winning research will complement the highly regarded finance program and faculty already in place at the Owen School.”
Whaley has also taught at the and the . He has served as a consultant to investment houses, accounting firms, governmental agencies, law firms, and futures and options exchanges worldwide.
Much of Whaley’s work has focused on the effects of program trading on stock prices, expiration day effects of index futures and options and the valuation of option and futures options contracts and the efficiency of the markets in which they trade.
His research has been widely published in leading academic journals, with many of his more than 60 articles earning awards of excellence. He is the author of eight books, including the recently published Derivatives: Markets, Valuations, Risk Management.
He is associate editor of Advances in Futures and Options ²¤ÂÜÊÓƵ, the Journal of Derivatives, the Journal of Futures Markets and the Pacific-Basin Finance Journal. He is former co-editor of Review of Futures Markets and former associate editor of the Journal of Finance, Journal of Financial Economics, Management Science and Canadian Journal of Administrative Sciences. He has also served on the editorial boards of Journal of Risk and the China Accounting and Finance Review. In addition, he has refereed for more than 50 journals and granting agencies.
He is a member of the international advisory board of the , and he served on the boards of directors of the and the .
Over the course of his career, Whaley has been recognized with numerous awards and grants including the for innovation in finance research and the Earl M. Combs Award for contributions to the futures industry.
He earned his bachelor’s degree in commerce from the and both his MBA and doctorate degrees from the .
Whaley will teach a course in fixed income markets at the Owen School.
The Owen Graduate School of Management at ²¤ÂÜÊÓƵ University is ranked as a top institution by , , , and . For more news about Owen, visit www.owen.vanderbilt.edu.
For more ²¤ÂÜÊÓƵ news visit VUCast, ²¤ÂÜÊÓƵ’s news network, at .
Media contact: Susanne Hicks, (615) 322-NEWS
susanne.hicks@vanderbilt.edu