Biography

I am a Senior Lecturer in Finance and the head of the Finance Group (FG) at NBS. I hold a Visiting Research Fellow position at the Department of Management Science and Technology, Athens University of Economics and Business, Greece. I am also an External Examiner at the University of Essex. I read for my doctorate at the Athens University of Economics and Business, under a scholarship from the Greek State Scholarship Foundation (IKY).  Prior to my doctoral studies, I studied Mathematics at the University of Oxford and the University of Athens.

My current research interests lie in the areas of investments, asset pricing, estimation and optimization. I have recently published academic articles in high-profile peer-reviewed journals, including the Journal of Banking and Finance, the Journal of Empirical Finance and the Financial Review. My research has been featured in several popular media outlets, including the Financial Times, the Telegraph and the Daily Mail. I am also a regular member of the American Finance Association and the European Finance Association.

You may follow me on Twitter @bravenewfinance.

Office hours: Wednesdays 14:00-15:00, Fridays 14:00-15:00.

All Publications

Kourtis, A., Markellos, R. N., Symeonidis, L.

(2016)

An International Comparison of Implied, Realized and GARCH Volatility Forecasts,

in Journal of Futures Markets

36

(12)

article no. 1164–1193

Full Text UEA Repository

(Article)

(Published)


Kourtis, A.

(2016)

The Sharpe ratio of estimated efficient portfolios,

in Finance Research Letters

17

pp. 72-78

Full Text UEA Repository

(Article)

(Published)


Kourtis, A.

(2015)

A Stability Approach to Mean-Variance Optimization,

in Financial Review

50

(3)

pp. 301-330

Full Text UEA Repository

(Article)

(Published)


Kourtis, A.

(2014)

On the Distribution and Estimation of Trading Costs,

in Journal of Empirical Finance

28

pp. 104-117

Full Text UEA Repository

(Article)

(Published)


Coakley, J., Dotsis, G., Kourtis, A., Psychoyios, D.

(2014)

Implied Comovement,

UEA Repository

(Working paper)

(Published)


Kourtis, A., Markellos, R., Psychoyios, D.

(2012)

Wine Price Risk Management: International Diversification and Derivative Instruments,

in International Review of Financial Analysis

22

pp. 30-37

Full Text UEA Repository

(Article)

(Published)


Kourtis, A., Dotsis, G., Markellos, R.

(2012)

Parameter Uncertainty in Portfolio Selection: Shrinking the Inverse Covariance Matrix,

in Journal of Banking and Finance

36

(9)

pp. 2522-2531

Full Text UEA Repository

(Article)

(Published)


Kourtis, A., Markellos, R.

(2011)

Traded American Options are Bermudan,

in Managerial Finance

37

(11)

pp. 978-984

Full Text UEA Repository

(Article)

(Published)


Key Research Interests

My current research interests include portfolio selection, asset pricing, estimation, financial engineering, mathematical modelling and scientific computing. My recent work focuses on portfolio choice under estimation risk and the estimation of trading costs and has been published in high-profile international peer-reviewed journals, such as the Journal of Banking and Finance and the Journal of Empirical Finance.

In February 2012, I held a visiting researcher post at Olin Business School, Washington University at St. Louis, USA. I have also presented my work in several universities and international academic conferences, including the 2011 European Winter Finance Summit.

I am currently supervising four full-time research students at NBS. If you are interested in doing a PhD under my supervision, please check my research interests above and contact me by email.

I have served as referee for several international academic journals, including the Journal of Banking and Finance, the European Journal of Finance and the European Journal of Operational Research.

Teaching Interests

I enjoy delivering lectures in all areas of Finance including Corporate Finance, Investments, Financial Modelling, Financial Econometrics and Derivatives. At NBS, I have been involved in the teaching of the following modules over the last four years:

  • NBS-2F2Y (5008Y): Business Finance (2nd level undergraduate)
  • NBS-3F3Y (6007Y): Financial Modelling (3rd level undergraduate)
  • NBS-6016Y: Investment Management (3rd level undergraduate)
  • NBS-MC60: Corporate Financial Management (MSc)
  • NBS-MC6X: Critical Issues in Accounting and Business Finance Research (MSc)
  • NBS-MD01: Advances in Financial Management (MSc)
  • NBS-M06: Finance and Management Accounting (MBA)
  • NBS-M021: Corporate Finance (MBA)

Professional Activities

I have received the following research grants/awards:

  • University of Cantabria, Spain, "Augusto Gonzalez Linares" award to Attract International Talent in Strategic Areas {AGL}, 2014 (Link in Spanish)
  • University of East Anglia, UK, Social Sciences Faculty - Associate Dean of Enterprise Competition for funding new enterprise projects, 2012
  • State Scholarships Foundation (IKY), Greece, Graduate Scholarship (1st Place in National Exams), 2006-2010
  • State Scholarships Foundation (IKY), Greece, Undergraduate Scholarship for Exceptional Performance, 2001, 2002
  • Athens University of Economics and Business, Greece, Basic Research Funding Competition, 2010
  • Engineering and Physical Sciences Research Council (EPSRC), UK, Graduate Scholarship, 2003-2004

In the past, I have been involved as a consultant/advisor in the following projects:

  • How to expand financing for SMEs (2007-2008), Advisory services, Ministry of Development and Economic Chamber of Greece
  • Strategic and Business Planning (2006-2007), Advisory services, Athens Olympic Stadium

I am a regular member/fellow of the following associations:

  • Higher Education Academy Fellow, 2013-present
  • American Finance Association Member, 2009-present
  • European Finance Association Member, 2008-present

I am the Principal Contact Person of the CFA institute at NBS for the University Recognition Programme.

My research has been featured in several media outlets, such as the Financial Times, the Telegraph and the Daily Mail: