Christopher L. Culp studies structured finance and securitized products, derivatives, risk management, and insurance/reinsurance. He has been a member of the faculty at Chicago Booth since 1998.
He is the author of a number of articles and books, including Risk Transfer: Derivatives in Theory and Practice and Structured Finance & Insurance: The ART of Managing Capital and Risk, and he is on the editorial advisory boards of the Journal of Applied Corporate Finance, the Journal of Risk Finance, the Journal of Structured Finance, and Futures Industry magazine.
Culp is a senior advisor with Compass Lexecon in Chicago, and managing director of Risk Management Consulting Services, Inc., in Chicago and Bern (Switzerland), and an adjunct fellow in financial regulation at the Competitive Enterprise Institute in Washington DC. He has held positions at the Federal Reserve Bank of Chicago, Chicago Partners LLC, and GT Management Asia Ltd. (then a division of LGT Bank in Liechtenstein). His practical experience gives him regular exposure to how firms are addressing the topics he discusses in class. In addition to providing live case studies, his commercial experience keeps him informed about the topics that are most important to financial professionals at any given time.
Culp earned a bachelor's degree in economics from The Johns Hopkins University and a PhD with a concentration in finance from Chicago Booth.
Outside of research, he enjoys snow skiing, hiking, biking, classical music, wine, and reading spy novels. He divides his time between his residences in Chicago and Interlaken, Switzerland.
2013 - 2014 Course Schedule
||Structured Finance and Insurance
Classical music (especially the Romantic Period), reading (literature, spy novels, and European history), wine (French, Italian, and Swiss), downhill snow skiing, hiking, and racquetball.
Structured finance; derivatives; commercial insurance and re-insurance; structured insurance (a.k.a. alternative risk transfer); risk management.
Structured Finance & Insurance: The ART of Managing Capital and Risk (Wiley, 2006).
Risk Transfer: Derivatives in Theory and Practice (Wiley, 2004).
Co-editor (with William A. Niskanen), Corporate Aftershock: The Public Policy Lessons from the Collapse of Enron and Other Major Corporations (Wiley, 2003).
The Risk Management Process: Business Strategy and Tactics (Wiley, 2001).
Co-editor (with Merton H. Miller), Corporate Hedging in Theory and Practice: Lessons from Metallgesellschaft (Risk Books, 1999).
For a listing of research publications please visit
’s university library listing