Majeed Simaan

ASSISTANT PROFESSOR
School: School of Business
Building: BC
Room: 514
Phone: 201-216-5418
Email: msimaan@stevens.edu
Website
Education

Rensselaer Polytechnic Institute (RPI) 2018
Ph.D. in Finance with dissertation focus on Financial Institutions and Risk Management

London School of Economics and Political Science (LSE) 2013
Pursuing research at the Risk and Stochastics Group, Department of Statistics

Tel Aviv University (TAU) 2012
Pursuing graduate training in Finance and Economic Theory

University of Haifa 2010
MA Statistics (Hons) major in Actuarial Science
BA Statistics

Research

INTERESTS

  • Financial Institutions and Risk Management

  • Portfolio Theory and Asset Pricing under Uncertainty

  • Statistical Learning in Finance

PUBLICATIONS

  1. Clark, B., Feinstein, Z. & Simaan, M. (2020) A Machine Learning Efficient Frontier. Operations Research Letters, 48(5), 630-634
  2. Simaan, M., Gupta, A., & Kar, K. (2020). Filtering for Risk Assessment of Interbank Network. European Journal of Operational Research, 280(1), 279-294.
  3. Simaan, M., & Simaan, Y. (2019). Rational Explanation for Rule-of-Thumb Practices in Asset Allocation. Quantitative Finance, 19(12), 2095-2109
  4. Simaan, M., Simaan, Y., & Tang, Y. (2018). Estimation error in mean returns and the mean-variance efficient frontier. International Review of Economics & Finance, 56, 109-124.
  5. Gupta, A., Simaan, M., & Zaki, M. J. (2016). Investigating Bank Failures Using Text Mining. Proceedings of the 2016 IEEE Symposium Series on Computational Intelligence.

BOOK CHAPTERS

WORKING PAPERS

WORK IN PROGRESS

  • Bonini, S. & Gultekin M. & Shohfi, T. & Simaan, M. Learning from Analysts: Recommendations, Reports, and Portfolio Selection 
  • Lassance, N. & Simaan, M. Portfolio Selection under Mean-Variance Out-of-Sample Utility
  • Clark, B. & Lo, A. & Siddique, A. & Simaan, M. Value of Location and Communities in Credit Derivatives Markets
  • Clark, B., Siddique, A. & Simaan, M. Ethics of Algorithms and Regulation (book chapter )
Professional Service
  • Member of the Global Association for Risk Professionals (GARP)
  • Member of the Financial Management Association

  • Member of the Eastern Finance Association
  • Active Contributor to the R in Finance community  

  • Ad-hoc referee for European Journal of Operational Research, Quantitative Finance, International Review of Economics, and Finance, European Financial Management, Economics Letters, Asia Pacific Journal of Financial Studies,  Managerial Finance, Decision Sciences Journal,  Algorithmic Finance
  • Review Editor at the Journal of Frontiers in Applied Mathematics and Statistics
Honors & Awards
  1. Diversity Emerging Scholar via FMA initiative program 2020
  2. Diversity Scholar Award for useR! 2020
  3. Speaker Travel Grant, R in Finance Conference 2016, 2018, and 2019
  4. Doctoral Student Travel Grant, American Finance Association (AFA) 2017
  5. Best Ph.D. Paper, the 23rd International Rome Conference on Money, Banking, and Finance 2014
  6. Graduate Studentship Scheme, LSE 2012
  7. Recipient of Fulbright, the United States-Israel Educational Foundation (declined) 2012
  8. Outstanding Student Honors Award in the Department of Statistics, University of Haifa 2006
Courses
  • FE 535 Introduction to Financial Risk Management
  • BT 440 Money, Banking and Financial Institutions
  • QF 435 Risk Management for Capital Markets