Arvind Mahajan

Associate Dean for Graduate Programs,
Texas A&M University System Regents Professor,
Presidential Professor for Teaching Excellence,
Piper Professor for Scholarly and Academic Achievement
Lamar Savings Professor of Finance

Biography

Dr. Arvind Mahajan is Associate Dean for Graduate Programs, Texas A&M University System Regents Professor, Presidential Professor for Teaching Excellence, Piper Professor for Scholarly and Academic Achievement, Lamar Savings Professor of Finance, Director of the CFA Institute Affiliation Program at Texas A&M University where he also served as Director of the Aggies on Wall Street Investment Banking Program, Director of the MS Finance Program, Associate Director of the Center for International Business Studies and the Center for International Business Education and Research. His articles have appeared in the leading finance and international business journals. He is or has served as associate editor/editorial board member of Journal of International Business Studies, Global Finance Journal, Journal of Advances in Management Research, Journal of Asia-Pacific Business, Journal of Multinational Financial Management, International Journal of Economic Sciences and Applied Research, Journal of International Finance, International Journal of Global Business and Competitiveness and North American Journal of Economics and Finance. He was Vice President of the North American Economics and Finance Association and served on the Fulbright Scholars Awards Advisory Committee and currently serves on the Board of Directors of The Washington Campus in Washington, D.C.

Professor Mahajan’s many recognitions include the Presidential Professor for Teaching Excellence, the George H.W. Bush Excellence Award for Faculty in International Teaching, the Lockheed Martin Aeronautics Company Excellence in Teaching Award, the Association of Former Students of Texas A&M University’s Distinguished Achievement Award (twice) as well as its Distinguished Teaching Award, the Executive MBA Faculty Recognition Award (thrice), the MBA Association’s Dan Robertson Outstanding Faculty Award (thrice), the Texas A&M University Honors Program Teacher/Scholar Award, among others. The Wall Street Journal named him one of the most effective professors in its 2008 survey of all major Executive MBA programs in the World and he received the Distinguished Alumnus Awards from the University of Scranton and from the Dipsite Association.

Dr. Mahajan’s industry and Wall Street experience includes serving as Vice President of a printing and publishing firm and full time Senior Consultant to Manufacturers Hanover Trust Company (now JP Morgan Chase & Co.) in New York. He has trained executives and consulted for organizations in Europe, Asia and the Americas. These include Amoco, Baker Hughes Inc., Brown and Root Inc., Halliburton Company, U.S. Agency for International Development, U.S. Energy Association, CEZ Czech Electric Generating Company, Upper Austria Chamber of Commerce, Kuwait Institute of Banking Studies, National Bank of Kuwait, Agricultural Bank of China, PetroChina (Daqing) Ltd., LUKOIL Overseas Holdings, Ltd. (Moscow), SsangYong Business Group of Korea, Indian Institute of Foreign Trade, State Trading Corporation of India, among others.

Helpful Resources
Forthcoming Articles and Working Papers
Journal of FinanceForthcoming Articles in JFJournal of Financial EconomicsForthcoming Articles in JFE
Journal of Financial and Quantitative AnalysisForthcoming Articles in JFQAReview of Financial StudiesForthcoming Articles in RFS
SSRNWorking papers on SSRN
General Finance and the Economy
Bloomberg Business NewsA sampling of its influential financial reporting, as well as market information and continuously updated market movements.CNN FinanceHeadline financial news and markets: keep up with what's going on in the world of finance.
Briefings & IndicatorsEconomic indicators and market briefings on the U.S. and global economy from Bank of America.Yardeni's Economics NetworkEconomic forecasts and analysis. Well worth a visit.
Investment FAQGood explanations about some frequently asked finance terms and questions.Bluffer's Guide to Finance & InvestingTongue-in-cheek guide for sounding like you know what you're talking about.
Yale Macro-Economic FAIRMODELRay Fair has created an on-line working model of the U.S. economy to predict changes in fundamentals for policy purposesJournal of Finance linksA long list of links to a huge number of websites. Designed for academics, useful to many others. Some of these sites are great, some not so good, some dead.
WWW Virtual Library in FinanceAnother great list of links from Ohio State's finance departmentYahoo FinanceYahoo's finance and investment section.
Resources for EconomistsExtensive list of links to governmental and other sources of economic informationFinancial EncyclopediaMore than you want! But if an acronym puzzles you...
Financial Markets
Bonds OnlineExplanations and market data on U.S. Treasurys and other bondsNASDAQU.S. over-the-counter stock market. Information on the stocks that are available on this exchange can be found here.
Stock-TrakFor those who want the chance to test out their investment strategies without losing their shirts, this company provides, for a fee, the ability to "paper trade" a portfolio.Chicago Mercantile ExchangeU.S. futures market on which futures and futures-options on the S&P 500, the U.S. Bond Market and other markets can be found.
SchwabNOW!One can sign up to receive Schwab's company research information, or electronic trading.IPO CentralData on recent and upcoming initial public stock offerings
Financial Data FinderA bibliography of potential sources of financial data.Market Places and QuotationsLinks to many of the world's major stock exchanges, as well as a number of the quote vendors in stocks and other securities.
New York Stock ExchangePrimary U.S. stock market. Information on the stocks that are sold on this exchange can be found here.
Company, Fund and Investment Research
The Motley FoolWell regarded tutorials for new investors, analyses of investing strategies and twice daily news wraps on marketsMorningstar NetFund-oriented information service from Morningstar. It offers news and commentary on several investment strategies and mutual funds.
Data Broadcasting Corp. OnlineA mix of free and subscription info including stock charts, quotes and news from its own markets-focused editorial staff.Ohio State Investment NewsLinks to a number of news services covering a wide range of investment related topics.
OSU investors' linksA short but well-organized list from a reliable sourceCountry Ratings from MoodysA listing of the sovereign debt ratings on a number of countries' debt markets. Also available is a description of these assessments, and what such a rating means.
BARRA: Beta estimation processA description of an alternative manner by which stock betas can be calculated. This method uses fundamental data from the company to adjust the historical beta and was created by Barr Rosenberg (founder of BARRA, Inc.)Corporate Ratings from S&PA description of the manner by which Standard and Poors makes its ratings assessments of companies and investment funds, as well as bonds, derivatives, and sovereign country debt.
Fitch-IBCA RatingsFitch IBCA is offering all of its credit-research reports, commentaries and rating information free through its Web site.Deloitte & Touche PeerscapeUseful charts and tools including company benchmarking and shareholder value analysis
Corporate Finance
Corporate FinanceProfessor Damodaran of the Stern School of Business: Corporate Finance Lectures.Private PlacementsA discussion of the usage of private placements as a financing tool for corporate funding.
Capital StructureLecture from Prof Harvey of Duke Fuqua Business School on corporate capital structure and dividend payout decisions.Capital Budgeting: Real Options ApproachA useful method of evaluating investment proposals, particularly in natural resources
Risk Management
J.P. Morgan's RiskMetricsJ.P. Morgan's Riskmetrics is a widely available source of risk data and documentation. The "technical document" available on this page is a good description of the Value-at-Risk methodologies that the investment banks are using at present. VaR BibliographyValue-at-Risk is one of the more popular ways to define risk these days. This is a listing of articles critiquing the VaR technique(s).
Contingency AnalysisAn in-depth analysis of financial risk management. What it means, how it can be accomplished, and its limitations...Derivatives CalculatorsThe pricing of many derivatives involves complex mathematical formulas. These calculators can be used to do many of the required calculations more quickly and easily.
The IntegratorPerforms Integral Calculus. Useful for many financial calculations.FinancialCADA "Knowledge Base" offering definitions and formulas for many important derivatives
Derivatives AnalyticsThis page offers links to a large number of the state-of-the-art in derivatives analytics technology.
International Finance
Global MarketsInformation available on a number of global markets, international news and other data available on international stock markets.Spot & Forward Currency RatesCurrent exchange rates
Monthly Foreign Exchange OutlookAn outlook at the likely changes in relative values of major global currencies relative to one another.The World Bank At A GlanceA review of how the World Bank, an international development agency, performs its mission.
Foreign Exchange Rates, Federal Reserve Board, Release H.10Federal Reserve Board website with current currency exchange rates, currency indexes and currency weights.Brady Bond RatesCurrent prices available for the Brady Bond debt market (a type of emerging market debt).
CNN: World MarketsDaily performance from a number of the major world capital markets made available by CNN-fn.International TreasurerArticles on current issues in international financial management
Treasury Management InternationalArticles by and for international treasurers, on topics such as the Euro and foreign exchange management.Alta Plana: International Economics GatewayA web directory for financial & macroeconomic statistics of major countries of the world.
Newspapers & Magazines
Financial TimesThe U.K.'s daily financial newspaper. Best known for its focus on international investment, banking and corporate issues.Interactive Wall Street JournalThis is the U.S. financial newspaper. It covers Wall Street in-depth every day. Its focus is almost exclusively on the financial markets, so for a broader view of the news, the NYT is often better.
The EconomistA weekly magazine on the international economy. This is a good source for more in-depth analysis of current political, business and financial issues.Barron'sThis newspaper often has some very good insight into the markets. It comes out on a weekly basis, and many of the major market analysts often discuss their market calls in this newspaper.
Worth MagazineAnother magazine of financial information.Business WeekA weekly magazine focused primarily on the corporate side of finance, as well as general economic commentary.
ForbesA magazine focused primarily on the corporate side of finance. It offers good analysis of the performance of corporations versus their competition.U.S.A. TodayUSA Today covers the national news in a much more broad way than either of the New York newspapers (plus its more colorful...).
Bloomberg PersonalAnother magazine of financial information, from Bloomberg, Inc.Journal of FinanceThis magazine is focused much more specifically on academic research regarding the financial markets.
Working papers in Finance and EconomicsFor some more in-depth analysis of investment issues, these working papers are the work in progress for the faculty of a number of major University finance programs.Journal of Financial EconomicsThis magazine is focused much more specifically on academic research regarding the finance and economics.
Journal of Financial and Quantitative AnalysisThe journal is focused on the quantitative aspect of Finance.Quarterly Journal of EconomicsThe Quarterly Journal of Economics is the oldest professional journal of economics in the English language
Governmental Resources
Department of TreasuryThe department of the treasury is responsible for financing the U.S. government, as well as other financial functions on a federal level.National Association of Securities DealersThe NASD is a self-regulating body that is responsible for ensuring that securities brokers and dealers follow an ethical and legal course of action in their work.
Commodities and Futures Trading CommissionThe CFTC is a governmental body which ensures that individuals that invest in futures and commodities markets in the U.S. are adequately informed of the risks inherent in derivatives transactions.NBER Online DataBoth historical and present information (data) on the macro-economy. The NBER database is the most often cited source for macro-economic indicators
Securities and Exchange CommissionThe SEC ensures that companies who issue stocks in the United States adequately inform the investing public regarding the financial position of the firm.
Financial Associations
AIMRThe Association for Investment Management and Research is responsible for administering the Chartered Financial Analyst Program, and for trying to create more standardized industry performance reporting.IAFEThe International Association of Financial Engineers is a global group that is responsible for ensuring that their members are kept up-to-date on the latest in financial derivative innovations.
CFPThe Certified Financial Planner program is for those individuals interested in becoming personal financial advisors.ARPThe Global Association of Risk Professionals administers the Financial Risk Manager certification program. It is a newly-formed group that is attempting to ensure risk management professionals are properly trained and have a good enough knowledge-base for the job.