A. Craig MacKinlay

A. Craig MacKinlay
  • Joseph P. Wargrove Professor of Finance
  • Academic Director, Jacobs Levy Center

Contact Information

  • office Address:

    3255 Steinberg-Dietrich Hall
    3620 Locust Walk
    Philadelphia, PA 19104

Research Interests: asset pricing models, behavior of futures prices, econometric modeling, market microstructure, mutual fund performance., stock market behavior

Links: CV

Overview

Education

PhD, University of Chicago, 1985; MBA, University of Chicago, 1983; MBA, University of Western Ontario, 1980; BS, University of Western Ontario, 1978

Career and Recent Professional Awards; Teaching Awards

Inaugural Eugene Fama Prize for Doctoral Education, 2014; Wharton Undergraduate Excellence in Teaching Award, 2011;  Oxford University Press Century Publication Celebration 100 Best Papers of All Time Award, 2006; IMCA Journalism Award, 2003; Paul A. Samuelson Award for Outstanding Scholarly Writing on Lifelong Financial Security, 1997; Batterymarch Financial Management Fellowship, 1990; Outstanding Paper for 1990, Society for Financial Studies, 1990

Academic Positions Held

Wharton: 1984-present (named Joseph P. Wargrove Professor of Finance, 1995).

Other Positions

 

Professional Leadership 2005-2009

Editorial Board, The Journal of Investment Consulting, 1998-present.

FINANCE 100

For information regarding FINANCE 100 Sections 001 and 002 please visit http://finance.wharton.upenn.edu/~acmack/

 

Continue Reading

Teaching

Past Courses

  • FNCE1000 - Corporate Finance

    This course provides an introduction to the theory, the methods, and the concerns of corporate finance. The concepts developed in FNCE 1000 form the foundation for all elective finance courses. The main topics include: 1) the time value of money and capital budgeting techniques; 2) uncertainty and the trade-off between risk and return; 3) security market efficiency; 4) optimal capital structure, and 5) dividend policy decisions. ACCT 1010 + STAT 1010 may be taken concurrently.

  • FNCE3990 - Independent Study

    Integrates the work of the various courses and familiarizes the student with the tools and techniques of research.

In the News

Knowledge @ Wharton

Activity

In the News

College Football Playoffs with Bill Connelly

Wharton experts speak with Bill Connelly, staff writer at ESPN.…Read More

Knowledge @ Wharton - 2025/01/8
All News