Aditya Kaul

Associate Professor, Department of Finance

Contact

Associate Professor, Department of Finance
Phone
(780) 492-5027
Address
2-32M Business Building
11203 Saskatchewan Drive NW
Edmonton AB
T6G 2R6

Overview

About

Education

BA Economics, Delhi University, 1985

MBA, Delhi University, 1987

MS Applied Economics, University of Rochester, 1992

PhD, University of Rochester, 1998


Research

Research Interests

  • Market Microstructure
  • International Finance
  • Asset Pricing
  • Volatility in Financial Markets

Teaching

Primary Teaching Areas 

  • Introductory Finance
  • Market Microstructure
  • International Fiance
  • Investments

Classes

  • Finance 442 - International Financial Markets
  • Finance 644 - International Finance

Courses

FIN 415 - Trading and Financial Markets

This course will discuss the functioning of global financial markets and trading and price determination in these markets. Topics covered will include order submission and trading strategies, market structure, transaction cost and liquidity measurement, price formation, and technical analysis. The lectures will draw on academic and practitioner research as well as information from financial markets. Prerequisites: FIN 301, FIN 412, MGTSC 312.

Fall Term 2020
FIN 442 - International Financial Markets

An overview of the international financial environment and the financial function in the multinational corporation. Its purpose is to provide decision-making skills in international money and capital markets. Prerequisite: FIN 301.

Fall Term 2020
FIN 501 - Managerial Finance

Fundamental concepts in asset valuation are discussed within the context of simple asset pricing models and efficient financial markets. This course introduces the valuation of financial assets such as bonds and stocks. Further topics include the issuing of financial securities, leverage, dividend policy, cash management, and derivative securities. Credit will not be given for FIN 501 when FIN 503 has been completed. Prerequisites: ACCTG 501, BUEC 503, and MGTSC 501.

Fall Term 2020
FIN 615 - Trading and Financial Markets

This course will discuss the functioning of global financial markets and trading and price determination in these markets. Topics covered will include order submission and trading strategies, market structure, transaction cost and liquidity measurement, price formation, and technical analysis. The lectures will draw on academic and practitioner research as well as information from financial markets. Prerequisite: FIN 501 or FIN 503. It is recommended the student have credit in FIN 614.

Fall Term 2020

Browse more courses taught by Aditya Kaul

Scholarly Activities

Research - Publications

"Exchange rate variability and the riskiness of U.S. multinational firms: Evidence from the breakdown of the Bretton Woods system," with G.M. Bodnar (Wharton) and E. Bartov (NYU), Journal of Financial Economics, 42, 105-132 (September 1996).



Research - Research In Progress

"Inelastic supply of derivative securities: Evidence from the option markets," with R.M. Edelen (Wharton).

"Demand curves for stocks do slope down: Evidence from an index weights readjustment," with V. Mehrotra and R. Morck (University of Alberta).

"Market activity before volatile periods: A reassessment of the non-trading risk hypothesis."

"Private Information, Noisy Prices, and Trading: A Closer Look."