Bryan Kelly

Visiting Professor of Finance at Yale School of Management

Professor of Finance and Robert King Steel Faculty Fellow at Booth School of Business

Schools

  • Booth School of Business
  • Yale School of Management

Expertise

Links

Biography

Yale School of Management

Bryan Kelly is Professor of Finance at the University of Chicago Booth School of Business and a Research Fellow at the National Bureau of Economic Research. Professor Kelly’s primary research fields are asset pricing and financial econometrics. He is interested in issues related to volatility, tail, and correlation risk in financial markets, banking sector systemic risk, financial intermediation, financial networks, and predictive methods in high dimensional systems. His papers in these areas have been published in the American Economic Review, the Journal of Finance, the Journal of Financial Economics, and the Review of Financial Studies, among others. He is an associate editor at the Journal of Business and Economic Statistics and the Journal of Financial Econometrics. Before joining the University of Chicago, Kelly earned a bachelor’s degree in economics from the University of Chicago, a master’s degree in economics from University of California San Diego, and a PhD in finance from the New York University’s Stern School of Business. Kelly worked in investment banking at Morgan Stanley prior to pursuing his PhD.

Education

  • PhD , Stern Business School, 2010
  • MA , University of California, San Diego, 2005
  • AB , University of Chicago, 2000

Booth School of Business

Bryan T. Kelly joined Chicago Booth in 2010 as Assistant Professor of Finance after earning his PhD and MPhil in finance at New York University''s Leonard N. Stern School of Business. His research interests include theoretical and empirical asset pricing; models of tail risk, volatility and correlation dynamics; and asymmetric information in asset markets. He is a faculty research fellow at the NBER and an associate editor of the Journal of Financial Econometrics. Kelly is the recipient of the 2012 AQR Insight Award, and has received various other research awards including the JPMorgan Best Paper Award from the WFA, the Q-group Research Award, the Arnold Zellner Award (honorable mention), the David M. Graifman award for best dissertation in finance at NYU Stern, the Herman E. Kroos award for best dissertation across disciplines at NYU Stern, and the Shmuel Kandel Prize, and various research grants.

Prior to his doctoral studies, Kelly worked in Morgan Stanley''s investment banking division and in the sales and trading division of UBS. He holds an M.A. in economics from University of California, San Diego and an A.B. in economics (with honors) from the University of Chicago.

Kelly teaches Investments at Booth, and previously taught the undergraduate Foundations of Financial Markets course at Stern, for which he received a commendation for teaching excellence.

 

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