Professor of Finance |
( Former Equitable Life of Canada Fellow |
Former Director, PhD and Research-based Master’s Programs in Management|
Former Director of the Laurier Financial Services Research Centre)
Madhu Kalimipalli Ph.D
My research and teaching interests lie in better understanding of
​
-
implicit financial (i.e. volatility, credit, liquidity, systemic and other ) risks and risk premia
-
market structure and impact of underlying economic forces, and
-
role of financial intermediation
​
in the context of financial (i.e fixed income, credit, derivative and equity) markets.
​
Students & scholars interested in such research topics & projects can contact me.
​
​
-
I have been appointed by the Faculty of Graduate Studies as an approved
graduate research advisor since Feb 2004.
-
So far, the total number of my graduate and undergraduate student supervisions and project examinations is over 40 (described below)
​
​
PhD committees and Research Supervision (2 students):
-
I was the PhD Supervisor for Laleh Samarbaksh for her dissertation titled “Three Essays in Default risk” Laleh successfully defended in May, 2015 and is currently placed as Assistant Professor (tenure-track) at Rogers School of Management, Ryerson University, and Toronto.
-
I am currently on the Ph.D. committee of Lazlo Nagy and Di Meng .
External Ph.D. examiner (7 students):
-
“The Role of Financial Institutions in India’s Industrial Development with Special Reference to Small Scale Industries”; Ph.D. Candidate: Annapurna Dixit, (2003), Indian Institute of Technology (Banaras Hindu University), IIT (BHU), India.
-
“Three Essays on Pricing Credit and Commodity Derivatives”; Ph.D. Candidate: Xuhui (Nick) Pan, (April, 2012), Desautels Faculty of Management, McGill University.
-
“Credit Risk, Fraud Risk, and Corporate Bond Spreads”; PhD candidate: Qi Zhang (April. 2013), Queen’s University.
-
“Stock Return Prediction with Hidden Order Mapping”, PhD Candidate: Varsha Mamidi (October, 2016), Monash University.
-
“Liquidity Risk in Emerging Asia”, PhD Candidate: Suraj Kumar (Jan, 2019), Indian Institute of Technology (IIT) Madras.
-
Upcoming: “Essays on interest-rate derivatives: model risk, exercise strategies and credit risk protection “, PhD Candidate: Mohamed Ali Akari (May, 2020), HEC Montreal.
External M.PHIL (Masters in Philosophy) examiner (1 student):
-
“Analysis of intra-day data for Indian markets” (2005), IGIDR, Bombay India. IGIDIR is a top notch economics research institute set up by the Reserve Bank of India in 1991.
External MSc examiner (2 students-both from Laurier Math finance program):
-
“Applications of first passage times for multivariate jump-diffusion processes in credit risk”, (Di, Zhang, Winter 2007).
-
“Modelling Asset Prices under Regime Switching Diffusions via First Passage Time”, (Xiaojing Xi, Winter 2008).
Masters in Finance (MFin) students (8 students):
-
“Understanding the risks in Municipal bond markets” (Zeng, (Cecelia) Xiaosu, Winter 2011).
-
“CDO markets: Pricing and applications” (Ping Zhang, Winter 2013).
-
“Designing Datastream Modules” (Rax Yi Hao, Winter 2013).
-
Measuring and Regulating Systemic Risk, (Yuan Cai), Spring 2015).
-
“SME Credit Risk Analytics” (Eric Bergeron, Winter, 2016).
-
“Closed-End Funds” (Yiheng Cai, Winter, 2017).
-
“Credit risk in Canadian provincial debt” (Puneet Bhatti, Spring 2017).
-
“Predicting CDS term strctures using machine learning methods” (Jordan Chan, Winter, 2019)
Master’s in Business Economics (MABE) students (4 students):
-
“Volatility in gold markets” (Zhen Dong, Spring 2013).
-
“Effect of M & A on underlying credit risk” (Yuyao (Kate) Luo, Spring 2017).
-
“Impact of Growing Mortgage Vs. Non-Mortgage Debt on Bank Balance Sheets: Evidence from Canadian Chartered Banks (John Pehar, Fall, 2018)
-
“Effect of policy uncertainty on financial markets: Evidence from the NAFTA crisis” (Ajay Bandu, Fall, 2018).
MBA students (course title: BU690) (10 students):
-
“Applications of Real-Options in the real world.” (Ryan McEachern, Spring 2001).
-
“CDO Pricing” (Eric Lam, Spring 2005).
-
“Enterprise Risk Management: A review” (Ken Ng, Spring 2007).
-
“Synthetic and Structured Assets” (Steven Choi, Spring 2007).
-
“Regulation of CDS markets” (Patrick Harnett, Winter, 2009).
-
“Economic Capital” (Arthur Kwok, Spring, 2010).
-
“Euro-financial crisis” (Adam Russell, Fall 2012).
-
“Risk management in Pork bellies market”, (Jacob Simpson, Spring 2013).
-
“Understanding Canadian Real Estate Market” (Ada Wang, Winter 2017).
-
“Modeling M & As. ” (Israel Odi, Spring, 2018)
MBA student Research Projects (4 students):
-
“Biases in convertible debt pricing” (Dennis Loyola, Winter 2003).
-
“Unconventional Policies and Their Effects on Financial Markets” ((Shane Obata, Winter 2016)
-
“Explaining ETF returns” Shane Obata, Winter 2017).
-
“Foreign exchange rate determination in emerging markets” (Stephanie Wang, Spring 2017).
Undergrad BBA and double-degree students (course title: BU480) (3 students)
-
“Issues in Sovereign debt crisis” (Luara Chelaru, Spring 2010).
-
“Impact of Quantitative Easing on Financial Markets” (Bolun Yang, Spring 2013).
-
“Volker rule and Impact of Commodity trading on banking stocks”, (AvijitBandyopadhyay, Winter, 2014).