Ph.D. in Finance, Stern School of Business, New York University, 1995
International Finance, InfoTech Finance, Advanced Corporate Finance, Doctoral Seminar in Options
"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.
Kapadia, Nikunj and Xiaoilng Pu, 2011, "Limited Arbitrage between Equity and Credit Markets," Journal of Financial Economics forthcoming.
Kapadia, Nikunj and Gregory Willette, 2011, "Equilibrium Exercise of European Warrants," Review of Derivatives Research forthcoming.
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.
Bakshi, Gurdip and Nikunj Kapadia, 2003, "Volatility Risk Premiums Embedded in Individual Equity Options: Some New Insights," The Journal of Derivatives, 11(1), pp. 45-54.
Bakshi, Gurdip and Nikunj Kapadia, 2003, "Delta-Hedged Gains and the Negative Market Volatility Risk Premium," Review of Financial Studies, Volume 16 (2), pp. 527-566.
Bakshi, Gurdip, Nikunj Kapadia and Dilip Madan, 2003, "Stock Return Characteristics, Skew Laws, and the Differential Pricing of Individual Equity Options," Review of Financial Studies, Volume 16 (1), pp.101-143.
Academic and Professional Experience
Board of Directors: Aurionpro Solutions (National Stock Exchange, Bombay Stock Exchange)
Editorial Board: Journal of Derivatives (2011 to present), Financial Analyst Journal (2002)
Achievements and AwardsCollege Outstanding Teacher Award, Isenberg School of Management, 2007-08
College Outstanding Award, Isenberg School of Management, 2006-07
Caesarea Center Award for Best Paper, Western Finance Association, 2005
Fellow, Federal Deposit Insurance Corporation's Center for Financial Research, 2004