Nikunj Kapadia

Education

PhD in Finance, Stern School of Business, New York University, 2005 Post-graduate Diploma in Management (MBA), Indian Institute of Management, Bangalore, 1986 BE (Chemical Engineering), , Maharaja Sayajirao University, Baroda, 1984

Academic Appointments

Professor of Finance, University of Massachusetts, Amherst, 9/2013-Present Associate Professor, University of Massachusetts, Amherst, 9/2003-8/2013 Assistant Professor, University of Massachusetts, Amherst, 9/1996-8/2003

Research Interests

• Option Pricing
• Volatility
• Credit and Default Risk

Teaching Interests

Undergraduate

• Financial Modeling
• International Finance
• Financial Engineering

PhD

• Seminar on Options

Professional Background

Professional Experience

Director, Corporate Board, 2005-2014, Aurionpro Solutions Ltd Visiting Researcher, 2012, Office of Financial Research, United States Treasury

Recent Honors & Awards

College Researcher of the Year Award, Isenberg School of Management, 2012 College Outstanding Teaching Award, University of Massachusetts, 2008

Selected Publications

"Equilibrium Exercise of European Warrants," (with Gregory Willette), 2012, Review of Derivatives Research, 15 (2), 129-156.

"Limited Arbitrage Between Equity and Credit markets," (with Xiaoling Pu), 2012, Journal of Financial Economics, 105 (3), 542-564.

Das, Sanjiv, Darrell Duffie, Nikunj Kapadia and Leandro Saita, 2007, "Common Failings: How corporate defaults are correlated," Journal of Finance 62(1),pp. 93-118.

Das, Sanjiv, Laurence Freed, Gary Geng and Nikunj Kapadia, 2006, "Correlated Default Risk," Journal of Fixed Income 16(2),pp. 7-32.