Jay Shanken

Goizueta Chair in Finance | Emory University, Goizueta Business School at Goizueta Business School


  • Goizueta Business School




Goizueta Business School


Professor Shanken has research interests primarily in the investment/capital markets side of finance with emphasis on the application of sophisticated econometric methods. His teaching interests include capital budgeting, managerial finance, and investment management. Prior to joining Emory University in the summer of 2002, he was Frontier Corporation Professor of Finance at the University of Rochester. Professor Shanken began his teaching career at the University of California, Berkeley and has also been a visiting professor at Yale University. Before teaching, he spent time as a systems analyst at Sandia Laboratories in New Mexico working on security for nuclear plants.

Areas Of Expertise

  • Theory and Testing of Asset-Pricing Models and Market Efficiency
  • The Predictability of Stock Returns
  • Asset Allocation and Portfolio Management
  • Investment Performance Evaluation
  • Bayesian Econometrics


  • Carnegie-Mellon University: PhD, Economics 1983
  • Carnegie-Mellon University: MS, Economics 1980
  • Cornell University: MA, Mathematics 1976
  • SUNY at Stony Brook: BS, Mathematics 1973


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