Vipul K. Bansal, Ph.D.

Professor

PhD, Finance, University of MississippiMBA, Finance, University of DelhiBA, Economics, Jiwaji University

Dr. Vipul K. Bansal,
Professor of Finance | Peter J. Tobin College of Business | St. John’s University

Dr. Vipul K. Bansal is a Professor in the Department of Economics and Finance at the Peter J. Tobin College of Business, St. John’s University. He earned his Ph.D. in Finance from the University of Mississippi, an MBA in Finance from the University of Delhi, and a B.A. in Economics from Jiwaji University. His professional qualifications include the Financial Risk Manager (FRM) certification awarded by the Global Association of Risk Professionals (GARP). He has also earned the Chartered Financial Analyst (CFA) charter and Certified Financial Planner (CFP®) certification, both of which he has voluntarily elected not to maintain in active status.

Dr. Bansal is the co-author of two books, Financial Engineering: The Complete Guide to Financial Innovation, translated into Chinese and Russian, and Measuring Market Risk with Value at Risk, translated into Chinese. His research encompasses a broad range of topics in finance, with scholarly contributions appearing in respected academic and practitioner journals, including Financial Review, Journal of Applied Corporate Finance, Global Finance Journal, Financial Analysts Journal, and The Journal of Derivatives.

Beyond his academic work, Dr. Bansal has contributed to advancing the finance profession through leadership and professional service. From 1992 to 1998, he served as Associate Director and Treasurer of the International Association of Financial Engineers. His contributions to teaching and scholarship have also been recognized at St. John’s University, where he received the Best Teacher of the Year Award from the Student Government and the Outstanding Research Contribution of the Year Award from the Business Research Institute.

Teaching Interests

Corporate Finance, Investment Management, Derivatives and Financial Engineering.

Research Interests

Equity Analysis, Financial Engineering, Risk Management and Personal Finance.

Courses Taught

FIN

2310H

FOUNDATIONS OF FINANCE (HON)

FIN

607

FINANCIAL MANAGEMENT

FIN

2310

FOUNDATIONS OF FINANCE

Select Publications

Journal Articles

Bansal, V. K., and Russon, M. (2016). An Improved Methodology to Assess Value-Revance of Earnings and Book Values on Corporate Equity Securities. North American Business Press: Journal of Accounting and Finance. vol. 16, pp. 117-128.

Bansal, V. K., and Marshall, J. F. (2015). Tracking Error Decomposition and Return Attribution for Leveraged Exchange Traded Funds. Elsevier: Global Finance Journal. vol. 28, pp. 84-94.

Bansal, V. K., and Marshall, J. F. (2015). A Tracking Error Approach to Leveraged ETFs: Are They Really That Bad?. Global Finance Journal, Elsevier Inc.. vol. 26, pp. 47-63.

Bansal, V. K., and Somani, A. (2002). Exchange Traded Funds Challenges: to Traditional Mutual Funds. Review Of Business. vol. 23, pp. 40-43.

Bansal, V., Marshall, J. F., and Yuyuenyongwatana, R. P. (1995). Macroeconomic Derivatives: More Viable Than First Thought!. Global Finance Journal. vol. 6, pp. 101-110.

Bansal, V., Marshall, J. F., and Yuyuenyongwatana, R. P. (1994). Hedging Business Cycle Risk with Macroeconomic Swaps: Some Preliminary Evidence. New York, NY: The Journal of Derivatives/Institutional Investor, Inc. . vol. 1, pp. 50-58.

Bansal, V., Chen, A., Bicksler, J., and Marshall, J. (1993). Gains from Synthetic Financing with Interest Rate Swaps: Fact or Fancy?. New York, NY: Journal of Applied Corporate Finance / Stern Stewart Management Services, Inc.. vol. 6, pp. 91-94.

Bansal, V., Ellis, M., and Marshall, J. (1993). The Pricing of Short-dated & Forward Interest Rate Swaps. Charlottesville, VA: Financial Analysts Journal/The Association for Investment Management and Research . vol. 49, pp. 82-87.

Bansal, V. K., Tucker, A., Herbst, A., and Marshall, J. F. (1992). Hedging Quantity Risk with Macro Swaps and Macro Options. New York, NY: Journal of Applied Corporate Finance / Stern Stewart Management Services Inc.. vol. 4, pp. 103-108.

Bansal, V., Pruitt, S. W., and Wei, K. J. (1989). An Empirical Reexamination of the Impact of CBOE Option Initiation on the Volatility and Trading Volume of the Underlying Equities: 1973–1986. Financial Review. vol. 24, pp. 19-29.

Books

Penza, P., and Bansal, V. K. (2001). Measuring Market Risk with Value at Risk. John Wiley & Sons, Inc.. pp. 302.

Marshall, J. F., and Bansal, V. K. (1992). Financial Engineering: The Complete Guide to Financial Innovation. 2 Broadway, New York, NY 10004-2207: The New York Institute of Finance (a Simon & Schuster Company). pp. 728.

Books Chapters

Bansal, V. K., Ellis, M., and Marshall, J. (1992). The Spot Swap Yield Curve: Derivation and Use. Advances in Futures and Options Research. vol. 6, pp. 279-290.

Others

Bansal, V., and Casabona, P. (2004). New FASB Rules Consolidate Variable Interest Entities. AFP Exchange. vol. 24, pp. 48-49.

Bansal, V., Marshall, J., and Ellis, M. (1992). Hedging: Spots on a Curve. London: Balance Sheet / Risk Magazine Ltd.. vol. 1, pp. 26-31.

Bansal, V., Tucker, A., and Marshall, J. (1991). Using Fixed-for-Fixed Interest Rate Swaps as a Cash Management Tool. Corporate Risk Management. vol. 3, pp. 20-22.

Bansal, V., Yuyuenyongwatana, R., and Marshall, J. (1991). Hedging Business Cycle Risk: The Next Major Wave in Derivatives?. Derivative Highlights. vol. 1, pp. 6-11.