Nikunj Kapadia
Department Chair & Professor Finance
Office: Isenberg 310C
Tel: 413.545.5643
Academic Background
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.
