Martin Schmalz

Martin Schmalz

Associate Professor of Finance


Saïd Business School
University of Oxford
Park End Street


Martin joined Oxford Saïd in January 2019 as a tenured Associate Professor of Finance.

He came from the University of Michigan, USA, where he served as the NBD Bancorp Assistant Professor in Business Administration, Harry H. Jones Research Scholar, Assistant Professor of Finance, and a Faculty Affiliate of the Center on Finance, Law, and Policy. He is a Research Affiliate at the Centre for Economic Policy Research (London) and CESIfo (München) and a Research Member of the European Corporate Governance Institute (Brussels) as well. His graduate degree in mechanical engineering is from the Universität Stuttgart (Germany) and his PhD in Economics is from Princeton University (USA).

His papers on entrepreneurship, corporate finance, governance, behavioural finance, asset pricing, and various studies of the asset management industry have been published in The Journal of Finance, Journal of Financial Economics, and Review of Financial Studies, and he was invited to present at universities all over America, Europe, Asia, and Australia, as well as the US Department of Justice, The White House Council of Economic Advisers, European Commission, European Parliament, OECD, and various central banks. His research and teaching at the BBA, MBA, and PhD levels won him several awards, including a Brattle Prize for one of the best papers published in The Journal of Finance in 2017. His research is regularly featured in outlets such as The New York Times, The Economist, Wall Street Journal, Financial Times, and Bloomberg.


  • Corporate finance
  • Corporate governance
  • Financial economics
  • Big data and machine learning
  • Asset pricing


Martin is a financial economist with a particular interest in how finance interacts with other fields of economics, including industrial organisation, labour economics, behavioural economics, monetary economics and micro-economic theory.

View Martin's research.


Martin earned a kitchen-table MBA as he grew up in the environment of a German SME. He also regularly consults with a family office in Paris, France.


Martin's students have called his teaching style 'socratic'. Notwithstanding the warning, his BBA, MBA and PhD students have nominated him for various teaching excellence awards, some of which he won. Student nominations were also a key part in being included in Poets & Quant's 40 under 40 list.


Martin supervises Saïd Business School doctoral students.

Further information

Follow Martin on social media.

  • Twitter: @martincschmalz

You can also take a look at his personal website.