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Finance

Finance

Located at one of the top STEM-focused universities in the country, the Finance area at the Mitch Daniels School of Business is powered by a team of faculty at the top of their field, with abundant experience in industry and academia alike. Their combined expertise covers many financial areas, including corporate financial management, investment management, security analysis, mergers & acquisitions, financial risk management, international financial management, and others.

Upcoming Events

Centers and Initiatives

The Finance area offers many opportunities for students to pursue learning outside of the classroom, including research challenges, financial firm visits, and national conferences.

Research

Our Finance faculty consistently contribute to top research journals including the Journal of Finance, the Journal of Financial and Quantitative Analysis, the Review of Financial Studies, and more.

Read more about our research

Deniz Yavuz

Deniz Yavuz

Hanna Rising Star Associate Professor of Management

Education

Yale School of Management (Ph.D.) 2002-2007
Yale School of Management (MBA) 2000-2002
Bogazici University Institute of Social Sciences (MA in Management) 1995-1997
Bogazici University (B.S. in Industrial Engineering) 1991-1995

CV

Yavuz is the founding director of Purdue Fintech Center. He has 5 years of work experience in corporate banking and project finance. He also worked as a consultant to multinational organizations, investment banks and corporations. His research papers are published at top journals in Finance, Strategy, Management and Accounting. His research is covered by media outlets such as Bloomberg and Institutional Investor.  Yavuz regularly receives Distinguished Teacher Award. He has also received several research grants and awards; Institute for Quantitative Investment Research (INQUIRE) Europe Grant, John and Marry Willis Young Faculty Scholar Award, CIBER Faculty International Research Grant, Purdue Research Foundation (PRF) Research Grant, Blake Family Fund for Ethics, Governance and Leadership Research Grant. Yavuz was at Washington University in St Louis and Arizona State University before joining Purdue.

Forthcoming Publications

  • Amit Goyal, Sunil Wahal, M. Deniz Yavuz (2023). "Choosing Investment Managers." Journal of Financial and Quantitative Analysis | Related Website |
  • Robert Marquez, Than Nguyen, M. Deniz Yavuz (2023). "Financing Innovative Activity and the Endogeneity of Patenting." Management Science | Related Website |

  • Small Innovators

    Deniz Yavuz discusses resent research on Small Innovators

  • Briefcase

    Outside Insiders

    Does access to information prior to an initial public offering (IPO) generate a trading advantage after the IPO? That's the question posed by researchers from Purdue University’s Krannert School of Management, who find that the information obtained by non-insider institutions through their connections prior to the IPO may remain valuable after the IPO.

    Full story: Outside Insiders

  • Stock exchange

    Bill Ackman Wants Your Money: Bad block trades, index funds and Ozempic

    In 2014, Bill Ackman launched a new fund, Pershing Square Holdings (PSH).4 PSH is not a traditional hedge fund: It is a publicly traded closed-end fund. Investors could put money into PSH — they could buy shares of the fund from PSH — but they can’t take money out; if they want their money back they have to sell shares on the stock exchange.

    Full story: Bill Ackman Wants Your Money: Bad block trades, index funds and Ozempic

  • Grumblers about passive investing may have a point
    New research from Deniz Yavuz, Hanna Rising Star Associate Professor of Management at Purdue's Daniels School of Business, bolsters the view that passive investing is undermining the efficient markets hypothesis.
  • Illustration by II
    Why Private Market Returns May Be Far Greater Than They Seem on Paper
    Research shows private market investors have access to information that gives them a leg-up in the public markets.
  • No way to select an investment manager. Photographer: LILLIAN SUWANRUMPHA/AFP/Getty Images
    There's an Ugly Side to Investment Beauty Contests
    A new paper from the Swiss Finance Institute by Amit Goyal of the University of Lausanne, Sunil Wahal of Arizona State University and M. Deniz Yavuz of Purdue University, called Choosing Investment Managers, looks at how the outcome of these beauty contests is affected by prior personal connections.
  • Steve Martin and Michael Caine as Those Pension Fund Consultants Orion Pictures Corp/Courtesy Everett Collection
    Opinion: Pension fund parasites exposed
    Investment managers hired by pension funds, endowments, foundations, and sovereign-wealth funds are actually likely to perform worse than their competitors by nearly a full percentage point a year over the next three years, according to a new study conducted by Amit Goyal of the University of Lausanne, Sunil Wahal of Arizona State University and M. Deniz Yavuz of Purdue University.

Blake Family Fund for Ethics, Governance and Leadership Research Award

CIBER Faculty International Research Award

Daniels School of Business Employee Performance Recognition Award

Distinguished Teacher

Distinguished Teacher

Distinguished Teacher

Distinguished Teacher

Distinguished Teacher

Distinguished Teacher

Distinguished Teacher

Distinguished Teacher

Distinguished Teacher

Distinguished Teacher

Excellence in Undergraduate Teaching

voted by students

Excellence in Undergraduate Teaching

voted by students

Impact Award: Doctoral Leadership

Institute for Quantitative Investment Research (INQUIRE) Europe Award

John and Marry Willis Young Faculty Scholar Award

Krannert Faculty Fellow Award

Purdue Research Foundation (PRF) Research Grant

Contact

myavuz@purdue.edu
Phone: (765) 494-1337
Office: KRAN 436

Quick links

SSRN Page

Area(s) of Expertise

Corporate Governance, Digital Economy, Entrepreneurship, Family-Owned Business, Fintech, Innovation, Networks, Pension Funds, Private Equity, Venture Capital

Job Market Candidates

Daniels School of Business PhD students are leading members of the next generation of innovative researchers, scholars and teachers. We are proud to support the next phase of their academic and professional lives.

To obtain additional information on job market candidates, please reach out to the Finance area contact below, or contact candidates directly.

PhD Academic Director
Adem Atmaz
aatmaz@purdue.edu
(746) 494-6725

Daniels School of Business Finance Area, Management Department

Krannert Building
403 Mitch Daniels Blvd.
West Lafayette, IN 47907-2076
(765) 494-8503

Department Head in Management: Lin Nan

Finance Area Coordinator: Huseyin Gulen

Finance Faculty Assistant: Janet Yoakum