The finance area and its curriculum at the Jones Graduate School of Business reflects the broad interests, experience and expertise of our faculty, ranging from basic financial management to more technical subjects such as options and other derivatives, and financial modeling.

The exceptional accessibility of the finance faculty is also the hallmark of our new doctoral program in finance, debuting in the fall of 2010, which aims to provide students with the knowledge and skills necessary to become first rate scholars in financial economics. The essence of the finance doctoral program is the opportunity to learn from and work with a top quality faculty on a broad range of topics in modern finance. 

Our faculty's research specialties include all major areas, from corporate financial policies to issues in investments and mathematical finance, with their papers consistently published in the top academic journals of the finance profession. Visit Rice Business Wisdom for examples of our finance faculty's peer-reviewed business research presented in a compelling, quick-to-read package.

Members of our faculty also nurture skills and traits that are critical to success for tomorrow’s leaders. In every course, students have an opportunity to work one-on-one with an accessible, involved and energetic member of the faculty, who believes that academic research and current industry knowledge are as critical as textbooks to a student’s education. Rice Business is consistently recognized for excellence in Finance.  We are proud to be ranked #3 Best MBA Program in Finance by Princeton Review this year. 

There's never been a better time to connect with the finance program at Rice.

Top electives

MGMT 601 - Financial Statement Analysis

Study of how investors, financial analysts, creditors and managers use financial statement information in evaluating firm performance and in valuing firms. Emphasizes industry and firm-level analysis of accounting information using financial accounting concepts and finance theory.

MGMT 642 - Futures and Options I

An introduction to forward, futures, option, and swap contracts, including the basic valuation principles, the use of these contracts for hedging financial risk, and an analysis of option-like investment decisions. Recommended for finance students.

MGMT 646 - Corporate Investment Policy

This course examines the investment decisions faced by corporate financial managers. We begin by developing a general framework for corporate valuation, and then we use this framework to review and expand on the capital budgeting issues developed in the core finance course. For example, we review the foundations of option valuation, and then apply these tools to value real options. We also cover new material on estimating the cost of capital and the effects of leverage. In this course, you will learn the state of the art in the analysis of corporate investment decisions. The course format is a mixture of theory, empirical evidence, and practical application. The theory provides the framework for our analysis. The empirical evidence provides a core of stylized facts to support our theoretical intuition. And, the practical applications put to use the theoretical foundations and empirical evidence in real world decision making.

MGMT 648 - Applied Finance

Study of the theory and practice of the fundamental principles in finance emphasizing hands-on experience with a wide range of corporate finance and investments applications. The course provides extensive opportunity to implement finance theory at a practical level and to develop advanced analytical spreadsheet expertise.

MGMT 652 - Mergers and Acquisitions

The course examines the merger and acquisition process from the perspectives of buyers and sellers. Attention is paid to the internal (make) versus external (buy) growth opportunities and their value consequences. The course also analyzes the M&A transaction process through the study of cases. An additional focus will be in the interaction of strategic planning, value planning, financial strategies and investment decisions.

Full-Time Faculty

Kerry E. Back

Kerry Back

J. Howard Creekmore Professor of Finance, Professor of Economics
713-348-4168
Michael Brandl

Michael Brandl

Associate Clinical Professor of Finance
713-348-5388
Alex Butler

Alexander Butler

Professor of Finance
713-348-6341
Bruce Carlin

Bruce Carlin

Professor of Finance
713-348-5385
Alan Crane

Alan Crane

Associate Professor of Finance
713-348-5393
Kevin Crotty

Kevin Crotty

Associate Professor of Finance
713-348-6303
David De Angelis

David De Angelis

Assistant Professor of Finance
713-348-6030
Jefferson Duarte

Jefferson Duarte

Gerald D. Hines Associate Professor of Real Estate Finance
713-348-6137
Jeff Fleming

Jeff Fleming

Deputy Dean of Academic Affairs and Fayez Sarofim Vanguard Professorship of Finance
713-348-6140
Jill Foote

Jill Foote

Senior Lecturer in Finance
713-348-3146
Gustavo Grullon

Gustavo Grullon

Jesse H. Jones Professor of Finance
713-348-6138
Yael Hochberg

Yael Hochberg

Ralph S. O’Connor Professor in Entrepreneurship – Finance; Head, Rice University Entrepreneurship Initiative
713-348-3596
Stephanie Johnson

Stephanie Johnson

Assistant Professor of Finance
713-348-5389
Barbara Ostdiek

Barbara Ostdiek

Senior Associate Dean of Degree Programs, Associate Professor of Finance and Statistics
713-348-5384
Kunal

Kunal Sachdeva

Assistant Professor of Finance
713-348-6235
Tarik Umar

Tarik Umar

Assistant Professor of Finance
713-348-5392
James Weston

James P. Weston

Harmon Whittington Professor of Finance
713-348-4480
Yuhang Xing

Yuhang Xing

Associate Professor of Finance
713-348-4167

Part-Time Faculty

Imad Ahmed

Lecturer in Management – Finance
 

Joshua Alexander

Lecturer in Management – Finance
 
Lemuel Anaejionu

Lemuel "Lem" Anaejionu

Lecturer in Management - Finance
 
Jeff Anapolsky

Jeff Anapolsky

Lecturer in Management - Finance
 

Satya Bajpai

Lecturer in Management - Finance
 

Kevin Baldwin

Lecturer in Management – Finance
 
John Buffington

John Buffington

Lecturer in Management - Finance
 
Luigi Calabrese

Luigi Calabrese

Lecturer in Management – Accounting
 
Daniel Dubrowski

Daniel Dubrowski

Lecturer in Management - Finance
 
Jonathan Finger

Jonathan Finger

Adjunct Professor in Management - Finance
 

Gary Frey

Lecturer in Management - Finance
 
Keith Jennings

Keith Jennings

Lecturer in Management - Finance
713-550-3536
Ilan Strauss

Ilan Strauss

Lecturer in Management - Finance
 

Emeriti Faculty

George Kanatas

George Kanatas

Jesse H. Jones Professor Emeritus of Finance
713-348-5383