Shahriar Khaksari, PhD, CFA

Professor of Finance

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Dr. Khaksari is an expert in the areas of Corporate Finance and Investments. He has published several books and his research has been published in top tier finance and economic journals such as Financial Management, Journal of Portfolio Management, Journal of Financial Intermediation, Financial Review, Socio-Economic Planning Sciences, and Journal of Fixed Income Securities. He served as the Dean of International Programs, Associate Dean, Chairman of the Finance Department and Director of Graduate Programs at the Sawyer School of Business. He is currently a visiting professor at King’s College in London. Dr. Khaksari founded several graduate and undergraduate programs at Suffolk including MSF program, Global MBA program, Wealth Management, and International Business programs. Shahriar is the founder of the Global Learning Company and the American Institute of Advanced Finance (AIAF), a Chartered Financial Analyst review program acquired by the Washington Post Company. Shahriar has developed and conducted numerous executive training programs and has provided consulting services for both domestic and international firms such as The Gillette Company, Pearson Media Company, Kraft General Food, Smith Barney, Merrill Lynch, Morgan Stanley, Goldman Sachs, State Street Bank, BOSE Corporation and Strong Capital Management, in addition to some of the largest banks in Russia.  

Honors and Recognitions

  • Past Distinguished Service Award, Finance Department, SBS
  • Past SBS Dean’s Research Excellence Award, Suffolk University

Professional Activities

  • Member of organizing committee, Global Finance Association
  • Editorial board, Journal of Accounting, Auditing and Finance 
  • Co-chair, Real Option Association Conference (2018)
  • Executive board member, Cyrus Institute of Knowledge
  • Advisory board member, Richard Brothers Financial Advisors


Recent Intellectual Contributions

Jalal, A., & Khaksari, S. (2020). Cash cycle: A cross-country analysis. FINANCIAL MANAGEMENT, 49(3), 635–671.

Jalal, A., & Khaksari, S (2019) “Effects of Tuition Discounting on University's Financial Performance.” Review of Quantitative Finance and Accounting (RQFA),  52, (2). 439–66.

Kang,M., Khaksari,S & Nam, K. (2018) “Corporate Investment, Short-term Return Reversals, and Stock Liquidity”, Journal of Financial Markets, Vol. 39, pp. 68-83).

T Kang,M., Khaksari,S & Nam, K. (2017) Trend in Aggregate Idiosyncratic Volatility, Review of Financial Economics,(November 2017, Vol. 35, pp. 11-28).

Guo, L., Jalal, A., & Khaksari, S.“Bank Executive Compensation,(2015) Risk Taking and the Financial Crisis”, Review of Quantitative Finance and Accounting, Vol. 45, Issue 3, 609-639.

Beliaeva, N., Khaksari, S., & Tsafack, G. (2015). Implicit Government Guarantee and the C DS Spreads.  Journal of Fixed Income, 25(2), 25–37.

Intellectual Contributions

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Courses Taught

FIN820: Financial Policy
FIN810: Investment Analysis
FIN884: Fixed Income Analysis
FIN833: Behavioral Finance
FIN601: Finance Intensive Workshop

Professional Links

LinkedIn | Google Scholar

Degrees/Professional Certifications

  • PhD, MBA, Saint Louis University
  • BA, Iranian Institute of Advanced Accounting
  • CFA, Chartered Financial Analyst