Full-time Faculty
Xiaoyan Zhang

Xiaoyan Zhang

Prof. Xiaoyan Zhang is the Chair Professor of Finance and Associate Dean at PBC School of Finance, Tsinghua University. She is also the Deputy Director of National Institute of Financial Research and Institute of Fintech Research at Tsinghua University, and the director of Xinyuan Fintech Research Center. Prof. Zhang received her B.A. in Economics from Peking University in 1997, and Ph.D. in Finance (with honor) from Columbia Business School in 2002. Before joining Tsinghua University, Prof. Zhang worked at the Johnson School of Management of Cornell University as an Assistant Professor of Finance, and the Krannert School of Management of Purdue University as Duke Realty Chair Full Professor of Finance and Finance Group Head. Currently, Professor Zhang is a senior fellow of the Asian Bureau of Finance and Economic Research (ABFER), and a senior financial expert of the Shanghai Stock Exchange. Professor Zhang served on the CSRC 17th Issuance Examination Committee, and currently serves on the World Economic Forum’s Global Future Council, China Global Economic Governance 50 Forum, and Expert Committee of National Internet Finance Association.

Professor Zhang’s research interests include international finance, empirical asset pricing, fintech and Chinese capital market. Many of her works have been published in Journal of Finance, the Journal of Financial Economics, the Review of Financial Studies and other top tier academic journals, and have won the best paper awards multiple times. Given her research excellence, Prof. Zhang is appointed as associate editor at Management Science, Financial Management, Journal of Banking and Finance and Journal of Empirical Finance. Her team’s research on Chinese capital market receives the highest level of grant from National Natural Sciences Foundation of China.

Professor Zhang enjoys teaching in global capital market, financial derivatives, risk management and empirical asset pricing for undergraduate, Master of Finance, Ph.D., MBA, financial engineering and executive programs. She received many teaching awards from Cornell, Purdue and Tsinghua University. Due to her significant contributions on teaching and research, Professor Zhang was named one of the “Global Top 40 under 40” business school professors.