Caglayan, Mustafa

Positions
Contact Info

overview

  • Dr. Caglayan is an Associate Professor of Finance and Knight-Ridder Research Fellow at the College of Business in Florida International University. After completing his Ph.D. in Economics with a concentration in Finance from The Graduate Center, City University of New York in 2000, Dr. Caglayan first worked at JPMorgan Chase headquarters in New York as an Associate (2000–2002) and then as a Vice President (2003–2006) in the Foreign Exchange Research group. He developed quantitative currency trading models for the Bank, and presented currency views and trade recommendations to the top clients of JPMorgan Chase. He contributed to the group’s regular daily, weekly, and monthly publications on currencies as well. Later, Dr. Caglayan worked as a Portfolio Manager at Millennium Partners Hedge Fund in New York (2006–2008), where he generated and traded quantitative currency trading models, managing the fund’s $150 million portfolio devoted to currency trading.

    Dr. Caglayan returned to academia in 2008, and first taught at Ozyegin University in Istanbul, Turkey as an Assistant and Associate Professor of Finance for nine years, both at the undergraduate and graduate levels. He joined the Department of Finance at Florida International University in August 2017 and since then has taught courses in seven different programs including the Ph.D. Program in Finance, the Doctorate of Business Administration (DBA), the Executive MBA (EMBA), Master of Science in Finance (MSF), International MBA (IMBA), Professional MBA (PMBA), and Undergraduate.

    Dr. Caglayan’s research focuses primarily on asset pricing, investments, hedge funds, financial risk management, and portfolio optimization. His publications have appeared in top finance journals, including the Journal of Financial Economics, Journal of Financial and Quantitative Analysis, Journal of Banking and Finance, Financial Management, Financial Review, European Journal of Finance, Pacific-Basin Finance Journal, Journal of Futures Markets, Journal of Portfolio Management, Journal of Global Optimization, and Brookings-Wharton Papers on Financial Services. His work has been presented at various national and international conferences as well, including the American Finance Association (AFA), the Financial Management Association (FMA), and the Eastern Finance Association (EFA).

    During his academic career, Dr. Caglayan has also taught executive-level courses on various topics in finance to a broad range of organizations and professionals. Some of these executive level courses include Financial Statement Analysis, Valuation of Financial Instruments, Project Analysis and Evaluation, The Concepts of Risk, Return, Beta, and the Capital Asset Pricing Model (CAPM), and the Performance Evaluation of Hedge Funds.
  • Dr. Caglayan is an Associate Professor of Finance and Knight-Ridder Research Fellow at the College of Business in Florida International University. After completing his Ph.D. in Economics with a concentration in Finance from The Graduate Center, City University of New York in 2000, Dr. Caglayan first worked at JPMorgan Chase headquarters in New York as an Associate (2000–2002) and then as a Vice President (2003–2006) in the Foreign Exchange Research group. He developed quantitative currency trading models for the Bank, and presented currency views and trade recommendations to the top clients of JPMorgan Chase. He contributed to the group’s regular daily, weekly, and monthly publications on currencies as well. Later, Dr. Caglayan worked as a Portfolio Manager at Millennium Partners Hedge Fund in New York (2006–2008), where he generated and traded quantitative currency trading models, managing the fund’s $150 million portfolio devoted to currency trading.

    Dr. Caglayan returned to academia in 2008, and first taught at Ozyegin University in Istanbul, Turkey as an Assistant and Associate Professor of Finance for nine years, both at the undergraduate and graduate levels. He joined the Department of Finance at Florida International University in August 2017 and since then has taught courses in seven different programs including the Ph.D. Program in Finance, the Doctorate of Business Administration (DBA), the Executive MBA (EMBA), Master of Science in Finance (MSF), International MBA (IMBA), Professional MBA (PMBA), and Undergraduate.

    Dr. Caglayan’s research focuses primarily on asset pricing, investments, hedge funds, financial risk management, and portfolio optimization. His publications have appeared in top finance journals, including the Journal of Financial Economics, Journal of Financial and Quantitative Analysis, Journal of Banking and Finance, Financial Management, Financial Review, European Journal of Finance, Pacific-Basin Finance Journal, Journal of Futures Markets, Journal of Portfolio Management, Journal of Global Optimization, and Brookings-Wharton Papers on Financial Services. His work has been presented at various national and international conferences as well, including the American Finance Association (AFA), the Financial Management Association (FMA), and the Eastern Finance Association (EFA).

    During his academic career, Dr. Caglayan has also taught executive-level courses on various topics in finance to a broad range of organizations and professionals. Some of these executive level courses include Financial Statement Analysis, Valuation of Financial Instruments, Project Analysis and Evaluation, The Concepts of Risk, Return, Beta, and the Capital Asset Pricing Model (CAPM), and the Performance Evaluation of Hedge Funds.


    Education
    Ph.D. in Economics
    The City University of New York, New York, New York

selected publications

research interests

  • Asset Pricing; Hedge Funds; Investments; Portfolio Theory, Optimization, and Asset Allocation
  • Asset Pricing
    Hedge Funds
    Investments
    Portfolio Theory, Optimization, and Asset Allocation

teaching overview

  • Corporate Finance
    Financial Issues in the Global Environment
    Financial Management
    Securities Analysis
    Seminar in Investments

full name

  • Mustafa Caglayan

visualizations

Recent publications and grants in Scholars@FIU

publication subject areas

  • Business & Economics
Citation index-derived subject areas the researcher has published in