• Skip to Content

Kelley School of Business Indiana University
  • Programs
    • Undergraduate
    • Full-Time +Flex MBA
    • Kelley Direct Online MBA
    • Online Master's Degrees & Certificates
    • +Kelley
    • 3/2 MBA
    • MS in Accounting with Data and Analytics
    • MS in Finance
    • MS in Healthcare Management
    • MS in Information Systems
    • MS in Management
    • PhD
    • Executive Education
    • Indianapolis Programs
    • International Programs
  • Faculty & Research
    • Research & Publications
    • Faculty Directory
    • Departments & Majors
    • Centers & Institutes
    • Courses
  • Recruiters & Corporate Relations
    • Graduate Career Services
    • Undergraduate Career Services
    • Indianapolis Career Services
    • Alumni Career Resources
    • Corporate & Foundation Relations
    • Indianapolis Corporate & Foundation Relations
  • Alumni
    • Who We Are
    • Get Involved
    • Career & Professional Development
    • Awards
    • Alumni Legacies
    • Events
    • Giving
    • Contact Us
  • About Us
    • Dean's Welcome
    • Administration
    • Kelley Women
    • School Profile
    • History
    • Visit Bloomington
    • Visit Kelley Indianapolis
    • Contact
    • Directory
    • Social Media Directory
    • Rankings
  • More
    • Centers & Institutes
    • Directory
    • News & Events
    • Give
    • Kelley Store
  1. Home
  2. Faculty & Research
  3. Faculty Directory

Erik Benrud, CFA, CAIA, FRM, CFP®, CLU
Print-Quality Photo
Resume/CV
812-855-6631
ebenrud@iu.edu
HH 6100
1309 E. 10th Street
Bloomington, IN
47405

Erik Benrud, CFA, CAIA, FRM, CFP®, CLU

  • Clinical Professor
Department: Finance
Campus: Bloomington


Areas of Expertise

Wealth Management, Alternative Investments, Derivatives, Statistics

Academic Degrees

  • PhD in finance and statistics, The University of Virginia in Charlottesville, VA
  • MA in economics, UNC at Greensboro, NC

Professional Experience

  • Indiana University in Bloomington, IN: Charles Schwab Distinguished Clinical Professor, 2017-present
  • Peking University in Shenzhen, China: Professor of Finance, 2013-2017
  • Drexel University in Philadelphia, PA: Clinical Professor of Finance, 2008-2017
  • Lynchburg College in Lynchburg, VA: Associate Professor of Finance, 2006-2008
  • American University in Washington, DC: Assistant Professor Finance, 2003-2006
  • University of Baltimore in Baltimore, MD: Assistant Professor of Finance, 1999-2003

Awards, Honors & Certificates

  • CFA: Chartered Financial Analyst
  • CAIA: Chartered Alternative Investment Analyst
  • FRM: Financial Risk Manager
  • CFP®: Certified Financial Planner
  • CLU: Chartered Life Underwriter
  • Outstanding Undergraduate Professor of the Year: 2005-2006 (Kogod School/American U.)
  • The Black and Decker Research Award 2003 (U. of Baltimore)
  • The Chase Bank of Maryland Award for Research in Finance 2002 (U. of Baltimore)

Selected Publications

  • Benrud, E., and Smirnova, E. (2016). The Power of Gold: An Initial Look at Trading Strategies Using Gold-based ETFs and ETNs 2009-2014. Global Economy and Finance Journal, 9(1), 1-10.
  • Benrud, E., and Benediktsson, R. (2015). Assessing the Efficiency of the Indonesian Stock Market. International Review of Business Research, 11(2), 158-169.
  • Benrud, E. (2015). Managing Business Environments in Tier 1 and Tier 2 Cities in China: Implications for Tax Revenue and Total Investment. US-China Law Review, 12, 276-294.
  • Benrud, E. (2013). Was There an Option-listing Effect for the IRX Options? Applied Economics Letters, 20(5), 485-488.
  • Benrud, E., and Chang, B. (2011). A New Decision for Hedge Fund Managers: Longer Lockups for Lower Fees. Financial Decisions, 23(2), 1-13.
  • Benrud, E. (2011). A Model of Interest-Rate and Loan Covenant Competition. Journal of Modern Accounting and Auditing, 5(3), 16-27.
  • Benrud, E., and Smirnova, E. (2010). The Option-Listing Effect and Depositary Receipts: Is it Different from that of Domestic Stocks? Banking and Finance Review, 2(2), 21-35.
  • Benrud, E. (2010). Trends in Preferences in the Market for Alternative Investments. American Journal of Economics and Business Administration, 2(3), 323-329.
  • Benrud, E. (2010). An Early Look at the Deutsche Bank Alternative Investment Survey, 2002–2009. The Journal of Alternative Investments, 13(1), 72-78.
  • Benrud, E. (2009). Competition Between High and Low Accuracy Trading Platforms. Journal of Trading, 4(2), 79-85.
  • Benrud, E. (2008), Predicting Volatility Using Forecast Dispersion: a Model and a Comparison to Option-Implied Volatility. International Economics & Finance Journal, 3(1), 123-140.
  • Benrud, E. (2007). A Market Model of Analysts’ Opinions to Explain Changes in the Dispersion of Opinions. Journal of Economics and Finance, 31(2), 143–165.
  • Benrud, E. (2005). Is Fed Policy Still Relevant for Investors?: A Comment. Financial Analysts Journal, 61(3), 18.
  • Benrud, E. (2003). Competition Between Low and High Quality Products in the Financial Services Market. Journal of Financial Services Research, 23(2), 133–147.
  • Benrud, E. (2002). Challenges of Existing in a Market as a Small, Low-quality Producer. Small Business Economics Journal, 18(4), 269–280.
  • Benrud, E. (2001). The Relationship between the Level and Dispersion of Stock Analysts’ Opinions. Applied Economics Letters, 8(5), 347-350.
  • Benrud, E. (2001). Useful Properties of Exchange Rate Forecasts for Risk Management and Derivative Pricing. Thunderbird International Business Review, 43(3), 451-468.

Edited on June 3, 2024

Social media

  • Facebook for the Kelley School of Business Full-Time MBA Program
  • Twitter for the Kelley School of Business
  • Linkedin for the Kelley School of Business Full-Time MBA Program
  • Blog for the Kelley School of Business Full-Time MBA Program
  • Instagram for the Kelley School of Business Full-Time MBA Program
  • Youtube for the Kelley School of Business Full-Time MBA Program
  • Accessibility
  • College Scorecard
  • Privacy Notice
  • Copyright © 2025 The Trustees of Indiana University