Sanjay Nawalkha : Isenberg School of Management : UMass Amherst

Office

Isenberg 310B

Tel.

413.687.2561

Nawalkha083122.pdf Download

Education

PhD Finance, University of Massachusetts, Amherst, 1990

MBA Finance, University of Massachusetts, Amherst, 1987

BSc Mathematics, St. Xavier's College, University of Mumbai, Mumbai, India, 1984

Academic Appointments

Professor of Finance, Isenberg School of Management, 9/2010-Present

Chairman, Department of Finance, Isenberg School of Management, University of Massachusetts, Amherst, 1/2013-8/2018

Finance Area Head, Isenberg School of Management, 9/2011-12/2012

Associate Professor of Finance, Isenberg School of Management, 9/2001-8/2009

Associate Professor of Finance (untenured), Isenberg School of Management, 9/1998-5/2001

Research Interests

Banking and Finance

Derivatives

Investments

International Finance

Teaching Interests

Interest Rate Risk Modeling

Term Structure Modeling

Credit Risk Modeling

Financial Derivatives

Asset Pricing

Fixed Income

Finance Theory

Selected Publications

Koh, Rachel and Sanjay Nawalkha, 2020, “Firm Efficiency and the Investment Anomalies,” Managerial Finance.

Beliaeva, Natalia, Rachel Koh and Sanjay K. Nawalkha, 2018, “Yields versus Expected Returns of Corporate Bonds: Some Unexpected Results, The Journal of Fixed Income, Vol. 27 (3)23-36.3.

Nawalkha, Sanjay K. and Gloria M. Soto, 2016, “Term Structure Estimation,”Alternative Investment Analyst Review, Fourth Quarter, Vol.5.

Beliaeva, Natalia, Sanjay K. Nawalkha, 2012, "Pricing American Interest Rate Options Under the Jump Extended Constant-Elasticity-of-Variance Short Rate Models," Journal of Banking and Finance, Vol. 36, No.1, 151-163.

Nawalkha, Sanjay K., Jose Alberto de Luca, and Gloria Soto, 2011, "Simple Formulas for Financial Analysts for Pricing Zero-Dividend and Positive-Dividend Stocks," Investment Management and Financial Innovations, Vol. 8(1), 40-50.

Nawalkha, Sanjay K., and Riccardo Rebonato, 2011, "What Interest Rate Models to Use? Buy Side versus Sell Side. Journal of Investment Management, Third quarter.