JOHN D. FINNERTY, PH.D.

John D. Finnerty is Professor of Finance and the founding Director of the MS in Quantitative Finance Program at Fordham University.  He was awarded early tenure in 1991 and received the Gladys and Henry Crown Award for Faculty Excellence in 1997. He served as the Director of the MS in Quantitative Finance Program from 2006 to 2008.  Dr. Finnerty is also Managing Principal of Finnerty Economic Consulting, LLC, which is based in New York. His areas of specialization include business and securities valuation, solvency analysis, derivatives instruments, and calculation of damages.

Dr. Finnerty has published fourteen books and more than 90 articles and professional papers.  His writings and teaching have focused on the analysis and valuation of fixed income securities, complex derivative products, mortgage-backed securities, and asset-backed securities. His most recent books include Corporate Financial Management, 4th edition, just published by Wohl Publishing, Project Financing:  Asset-Based Financial Engineering, 2nd edition, published by Wiley, and Debt Management, published by Harvard Business School Press.  His fixed income papers include “Exact Formulas for Pricing Bonds and Options When Interest Rate Diffusions Contain Jumps,” published in the Journal of Financial Research, “Regulatory Uncertainty and Financial Contagion: Evidence from the Hybrid Capital Securities Market,” just published as the lead article in the Financial Review, and a chapter entitled “Structured Notes and Credit-Linked Notes,” which is in the forthcoming 8th edition of Frank Fabozzi’s The Handbook of Fixed Income Securities.

Dr. Finnerty spent most of his early career in the financial services industry having previously worked for the investment banking firms Morgan Stanley, Lazard Frères, McFarland Dewey, and Houlihan Lokey Howard & Zukin. Following his career in investment banking, he worked in valuation and litigation support as a non-audit Partner in the PricewaterhouseCoopers Financial Advisory Services Group and as a Managing Principal of Analysis Group.

Dr. Finnerty received a Ph.D. in Operations Research from the Naval Postgraduate School, an M.A. in Economics from Cambridge University, which he attended as a Marshall Scholar, and a B.A. in Mathematics from Williams College. Dr. Finnerty is a former Editor of Financial Management and a former Editor of FMA Online. He is a member of the editorial advisory board of the Journal of Portfolio Management.Dr. Finnerty is a Trustee and a former Chair of the Trustees and a former President and Director of the Eastern Finance Association, a former President and Director of the Fixed Income Analysts Society, and a former Director of the Financial Management Association International. He also served as a member of FASB’s Option Valuation Group in connection with the revision of FAS 123 for reporting the cost of employee stock options.