Nicholas Valerio III

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  • Professor in the Practice of Finance
  • Phone: 404-727-4970
  • Fax: 404-727-5238

Mailing Address:

1300 Clifton Road
Atlanta, GA 30322


Nicholas Valerio designed and teaches two advanced elective courses on Derivative Financial Assets. In addition, he teaches or has taught courses on Fixed Income Securities, Corporate Finance, Advanced Financial Topics, and an undergraduate Finance Honors Seminar. Prior to entering academia Nicholas worked in the Capital Markets group of Citibank in the sales and trading area of the Money Market Division. He combines academic theory and his professional experience for a pragmatic view of the financial markets in his research and teaching. Nicholas has also been a Visiting Professor at The Wharton School of the University of Pennsylvania where he taught a Derivative Financial Assets course.


  • The Effects of Trading Halts on Price Discovery for NYSE Stocks, with Haiwei Chen and Honghui Chen, Applied Economics, 2003
  • The Market for Equity Options in the 1870s, with Joseph P. Kairys Jr., The Journal of Finance, 1997
  • Valuation of Cash-Settlement Call Options Containing a Wild-Card Exercise Feature, The Journal of Financial Engineering, 1993

Areas of Specialization

  • Equity Derivative pricing and trading strategies
  • Derivative Financial Assets
  • Quantitative Equity Investing
  • Investment Management
  • Financial Asset Pricing
  • Financial Markets

Achievements and Honors

  • 2013 Evening MBA Distinguished Educator Award
  • 2008 Emory Williams Distinguished Teaching Award
  • 2006 MBA Teaching Excellence Award
  • 2001 Goizueta Business School Faculty Keough award recipient
  • Four star Outstanding Faculty Member, Businessweek Guide to the Best Business Schools, 1997 ed.

Memberships and Activities

  • American Finance Association
  • Western Finance Association
  • Southeastern Hedge Fund Association Board of Advisors
  • Member, Tau Beta Pi, The National Engineering Honor Society
  • Member, Omega Rho, The International Honor Society of Operations Research

Selected Consulting Clients

  • Applied Financial Research, LLC
  • Sun Trust Capital Markets
  • McKinsey & Company


  • Ph.D. Financial Economics, The Wharton School, University of Pennsylvania, Philadelphia, PA 1992
  • Master's Financial Economics, The Wharton School, University of Pennsylvania, Philadelphia, PA 1987
  • Bachelor's Science in Operations Research, concentration in Applied Economics, School of Engineering and Applied Science, Columbia University, New York, NY 1982
  • Bachelor's Science in Mathematics and Science, Providence College, Providence, RI 1982