Frank Fabozzi, PhD

Prior to joining the faculty of the Carey Business School, Frank taught at Yale, MIT, Princeton, and EDHEC Business School. A CFA and CPA,  professional designations. He is the editor of The Journal of Portfolio Management, The Journal of Financial Data Science, and Annals of Operations Research. Frank has authored over 150 books. In 2025, he authored the following books: Networks in Finance (Wiley), The Economics of FinTech (MIT Press) Capital Markets (MIT Press), Introduction to Fixed Income Analysis and Portfolio Management (MIT Press), Simulation, Optimization, and Machine Learning  for Finance (MIT Press). In 2025, he edited Derivatives Applications in Asset Management: From Theory to Practice (Palgrave Macmillan) and is the editor the popular industry reference book  Handbook of Fixed Income Securities. His articles have appeared in the Journal of Finance, Journal of Financial and Quantitative Analysis, Econometric Theory, Journal of Banking & Finance, Review of Finance, Operations Research,  Journal of Economic Perspectives, and Econometrics Journal. Recognized as one of the top 1.3% most cited scientists globally out of approximately 6.5 million researchers worldwide, he has coauthored works with four Nobel Laureates in Economics (Harry Markowitz, Franco Modigliani, Robert Shiller, and Robert Engle).

Education

• PhD, Economics, Graduate Center of the City University of New York
• MA,Economics,  City College of New York
• BA, Economics, City College of New York

Research

Selected Publications 

• Yifan He, Abootaleb Shirvani, Barret Shao, Svetlozar Rachev, and Frank J. Fabozzi, “Beyond the Bid-Ask: Strategic Insights into Spread Prediction and the Global Mid-Price Phenomenon.” Econometric Reviews, 44(7): 1037-1078.
• Yosef Bonaparte and Frank J. Fabozzi, “Measuring Transitory Inflation: Implications for Monetary Policy and Stock Market Volatility,” Journal of International Money and Finance,  153, March 2025: 103284.  
• Frank J. Fabozzi, Maria Cristina Recchioni, and Roberto Renò, “Fifty Years At The Interface Between Financial Modeling and Operations Research” (Forthcoming in European Journal of Operational Research)  Marcos Lopez de Prado, Joseph Simonian, Francesco A. Fabozzi, and Frank J. Fabozzi, “Enhancing Markowitz's Portfolio Selection Paradigm with Machine Learning.” Annals of Operations Research,  346(1), 2025: 318-340.  
• Jang Ho Kim, Seyoung Kim, Yongjae Lee, Woo Chang Kim, and Frank J. Fabozzi, “Enhancing Mean-Variance Portfolio Optimization Through GANs-Based Anomaly Detection.” Annals of Operations Research,  346(1): 217-244. Michael B. Imerman and Frank J. Fabozzi, “Quantifying Disruption In The Age Of AI: An AI-Based Approach To Evaluating Startup Innovation And Investment Potential.”  Finance Research Letters. 82, September 2025: 107491.
• Sanghyeon Bae, Yongjae Lee, Jang Ho Kim, Woo Chang Kim, and Frank J. Fabozzi, “Goal-Based Investing With Goal Postponement: Multistage Stochastic Mixed-Integer Programming Approach” (Forthcoming in Annals of Operations Research)   
• Frank J. Fabozzi, “Transforming Derivatives Education: Bridging The Gap Between Theory And Practice.” Journal of Derivatives, 32(3), Spring 2025:  189-199.

Working Papers

• Frank J. Fabozzi, Robert J. Shiller, and Radu Tunaru, “On The Discount Rate Linking Pre-Paid Forward Prices To Spot House Prices In The Real-Estate Market”

Teaching

Current

• Derivatives
• Investments
• Corporate Finance
• Advanced Portfolio Management
• Entrepreneurial Finance 

Honors and Distinctions

• Recipient of the 2015 James R. Vertin Award given by the CFA Institute
• Recipient of the 2007 C. Stewart Sheppard Award given by the CFA Institute
• Inducted into the Fixed Income Analysts Society Hall of Fame
• Honorary Doctorate of Humane Letters, Nova Southeastern University
• SSRN Ranking of Business Authors:  628 out of 12,000 Business Authors  (top 5%)
• Research.Com Ranking: Best Economics And Finance Scientists World Ranking: 290 out of 2,000 National Ranking
• World’s top 2% Scientists https://topresearcherslist.com/Home/Search?AuthFull=fabozzige

Impact and Engagement

• Conversations with Frank Fabozzi, sponsored by the CFA Institute
• Frank Talk  (AI podcast, Carey Business School)