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C. T. Bauer College of Business


Stuart M. Turnbull is Professor Emeritus, the Bauer College of Business at the University of Houston. Stuart has authored over sixty academic papers in the areas of financial economics, law and economics, and the general area of derivatives. He is currently an associate editor the Journal of Credit Risk, the International Journal of Theoretical and Applied Finance and the Journal of Derivatives. He served as an associate editor of the Journal of Finance, and the journal of Mathematical Finance, He is a member of the Advisory Board of the International Review of Applied Financial Issues and Economics, and the International Review of Banking and Financial Studies. He is an individual member of the Centre for Financial Industries, the Fields Institute. He has published two books on derivatives. His current research is focused on (a) pricing credit risky securities, (b) the impact of news on the price dynamics of oil futures and (c) pricing contracts in commodity markets.

Stuart was a Senior Vice President, Fixed Income Research, Lehman Brothers, New York. Prior to joining Lehman Brothers, he was Vice President, Risk Management Division, Canadian Imperial Bank of Commerce, Toronto, Ontario. He was a Professor of Economics at the University of Toronto, and the Bank of Montreal Chair of Banking and Finance and Professor of Economics at Queen’s University.

Stuart holds a Ph.D. in Financial Economics from the University of British Columbia, a M.Sc. in Statistics and Operational Research and a B.Sc. in Physics from the Imperial College of Science and Technology (London, U. K.).


Research Papers

Finance Department


Contact Information

Stuart Turnbull
713 299-1308


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