Michael  Fuerst

Michael Fuerst

Associate Professor of Professional Practice, Finance

Biography

Michael Fuerst’s expertise includes financial markets and institutions and international corporate governance. His research has been published in the Journal of Financial Economics, the Journal of Financial and Quantitative Analysis, the Financial Analysts Journal, and elsewhere. Fuerst has appeared on CNBC to discuss his research on seasonal stock return anomalies and trading strategies to exploit those anomalies. A new publication of Fuerst’s explores security trading patterns in response to market-wide crises such as September 11, 2001. His extensive teaching experience includes international and corporate finance, at both the graduate and undergraduate levels. In addition, Fuerst has developed courses for online master’s degree programs. Fuerst holds a PhD in finance and an MA in applied economics from the University of Michigan and an MBA from Cornell University. Prior to entering academia, he was a management consultant with an emphasis on financial operations. Fuerst also holds the Certified Valuation Analyst designation and provides his expertise in forensic economic matters.

Research Interests

International corporate governance; game-theoretic modeling of financial institutions; and asset pricing and the real economy

Featured Publications

  • Burch, T., D. Emery, and M. Fuerst (2016), “Who Moves Markets in a Sudden Market-Wide Crisis? Evidence from Nine-Eleven,” Journal of Financial and Quantitative Analysis, Vol. 51, No. 2, April, pp. 463-487.

    Andrade, S., V. Chhaochharia, and M. Fuerst (2013), “‘Sell in May and Go Away’ Just Won’t Go Away,” Financial Analysts Journal, Vol. 69, No. 4, July/August, pp. 94-105.

    Fauver, L. and M. Fuerst (2007), “Does Good Corporate Governance Include “Insider” Representation? Evidence from German Corporate Boards,” Corporate Finance Review, May/June, pp. 16-27.

    Fauver, L. and M. Fuerst (2006), “Does Good Corporate Governance Include Employee Representation? Evidence from German Corporate Boards,” Journal of Financial Economics, Vol. 82, No. 3, December, pp. 673-710.

    Fuerst, M., “Investor Risk Premia and Real Macroeconomic Fluctuations (2006),” Journal of Macroeconomics Vol. 28, No. 3, September, pp. 540-63.

    Burch, T., D. Emery, and M. Fuerst (2003), “What Can “Nine-Eleven” Tell Us About Closed-end Fund Discounts and Investor Sentiment?” The Financial Review, Vol. 38, No. 4, November, pp. 515-529

Teaching and Professional Experience

  • Associate Professor of Professional Practice, Finance, University of Miami School of Business Administration, 2017 - Present
  • Lecturer, Finance, University of Miami School of Business Administration, 1998 - 2016
  • Senior Consultant, Deloitte and Touche, 1992 - 1994
  • Summer Associate, Research in Emerging Market Gov't Bonds (Sales and Trading Group), Berliner Handels- u. Frankfurter Bank, 1991

Specialties

  • Financial markets and institutions
  • Corporate finance
  • Macrofinance

Degrees

  • Ph.D., University of Michigan, 1999
  • University of Michigan, 1996
  • MBA, Cornell University, 1992
  • B.S., Florida State University, 1985
Michael  Fuerst

Contact

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