Robert McDonald


  • Former co-editor, Review of Financial Studies.
  • Editorial board member, Journal of Finance, Management Science, and Journal of Financial and Quantitative Analysis.
  • Author, Derivatives Markets, 3e, published in 2013, and Fundamentals of Derivatives Markets, published in 2008.

Robert McDonald is Gaylord Freeman Distinguished Chair in Banking and Professor of Finance. He has been a faculty member at Kellogg since 1984 and also served as Finance department chair and Senior Associate Dean for Faculty and Research. His areas of research include corporate finance, taxation, derivatives, and applications of option pricing theory to corporate investments.

McDonald is a research associate of the National Bureau of Economic Research, and also served as past  director of the American Finance Association. He earned a B.A. in Economics from the University of North Carolina and a Ph.D. in economics from the Massachusetts Institute of Technology.