Andrea Buraschi is Visiting Professor of Finance and teaches Investments at Booth. At Imperial College, his home institution, he is a Professor, Chair in Finance. Additionally, he was the Director of the Master in Finance and Director of the Master in Risk Management and Financial Engineering.
An accomplished teacher and scholar, he has held posts at Columbia University, Chicago Booth, and London Business School.
Professor Buraschi is a recipient of many awards and honors including: the Inquire Europe Award for his work entitled, "No Place to Hide: Correlation Risk and the Cross-Section of Hedge Fund Returns," written in 2010 with Kosowski and Trojani, the Q-Group Award for his work entitled, "Macroeconomic Uncertainty, Difference in Beliefs and Bond Risk Premia", written in Paul Whelan, the Inquire Europe Award for his work entitled "Correlation Risk and Optimal Portfolio Choice", written in 2006 with Porchia and Trojani, the WFA Award for Best Paper in Investments for his work entitled "Inflation Risk Premia and the Expectation Hypothesis: Taylor Monetary Policy Rules in Equilibrium Models", written with A. Jiltsov.
Professor Buraschi’s research interests are in the fields of Asset Pricing, Fixed Income Markets and Derivatives. His current research projects study four themes of financial economics: (a) Differences in Beliefs and Economic Uncertainty; (b) Correlation Risk and Optimal Portfolio Choice; (c) Hedge Fund Performance and Agency Contracts; (d) The Roles of Networks in Asset Pricing.
His research interests include asset pricing, derivatives, fixed income, risk management, hedge funds, and corporate finance. His work has been published by the Journal of Finance, the Journal of Financial Economics, the Review of Financial Studies, the Journal of Derivatives and the Journal of Banking and Finance.
Professor Buraschi earned a degree in D.E.S. at Bocconi. He went on to earn a Master and a PhD in Economics at The University of Chicago.
Buraschi commitment to teaching earned his several teaching awards. He has designed and taught a number of finance degree courses at different levels including executive education, in which he tries to bring his professional experience to the classroom. He regularly appears as invited speaker at the Ambrosetti Economic Forums.
In London, he has created and directs the "International Wealth Management" Programme, which trains top international private bankers and financial executives. In the past, he directed and taught specialized executive finance modules at IMD Lausanne. In 1998, Andrea was the founder and then director of the Graduate Program in Quantitative Finance and Insurance at Bocconi University (1998-2000).
His interests outside of the classroom include sailing, jazz, classical music, and skiing.
2014 - 2015 Course Schedule
Asset pricing, derivatives, fixed income, risk management, hedge funds, and corporate finance.
With Alessandro Beber and Francis Breedon, "Difference in Beliefs and Currency Risk Premia,” Journal of Financial Economics, Lead Article (2010).
With Paolo Porchia and Fabio Trojani, “Correlation Risk and Optimal Portfolio Choice,” Journal of Finance, Winner of the Inquire Europe Best Paper Award (2010).
With Alexei Jiltsov, “Habit formation and macroeconomic models of the term structure of interest rates,” Journal of Finance (2007).
With Alexei Jiltsov, “Model Uncertainty and Option Markets with Heterogeneous Beliefs,” Journal of Finance, ESRC Award R000223628 (2006).
With Alexei Jiltsov,“Inflation Risk Premia and the Expectations Hypothesis: Taylor Monetary Policy Rules and the Treasury yield curve,” Journal of Financial Economics, Winner of WFA Award as Best Paper in Investments (2005).
With Davide Menini,“Liquidity risk and specialness: How well do forward repo spreads price future specialness?” Journal of Financial Economics, (2002).