Education

• Ph.D in Business Administration (Finance), McMaster University, 2025
• M.Sc. in Analytical Finance, University of St Andrews, 2012
• B.Econ. in Finance, Jinan University, 2011

Research Interests

• Risk Management, Investment, Behavioral Finance, Machine Learning

Teaching Assistance

• Undergraduate: 2FA3 Introduction to Finance; 4FD3 Financial Institutions; 4FE3 Options and Futures; 4FF3 Portfolio Theory and Risk Management; 4FJ3 Fixed Income Analysis.
• Master’s: MFIN602 Economics of Financial Decisions & Financial Markets; MFIN703 Derivatives; MFIN707 Financial Modeling Using Excel & VBA; MFIN708 Fixed-Income Securities; MFIN710 Financial Theory; MFIN712 Financial Risk Management.
• MBA: F715 Portfolio Theory and Management; F723 Fixed Income Analysis; F725 Personal Financial Management.

Work Experience

• McMaster University, 2016-2025
  • Teaching Assistant, DeGroote School of Business
• Jinrui Futures Co. Ltd., 2015-2016
  • Investment Risk Specialist, Risk Management Department
• Qianhai Equity Exchange, 2013-2014
  • Risk Manager, Debt Capital Department
• Dowin Asset Management Co., Ltd., 2012-2013
  • Researcher, Risk Management Department
• Bank of Montreal (China), 2011
  • Intern, Trade Finance Department

Publications

Are analysts’ Forecasts Reliable? A Machine Learning-Based Analysis of the Target Price Accuracy

Ou, Rongzhao & Wang, Qiao. (2024). "Are analysts’ Forecasts Reliable? A Machine Learning-Based Analysis of the Target Price Accuracy." Journal of Behavioral Finance. 1–17.

Price Discovery or Overreaction? A Study on the Reaction of Asia Pacific Country ETFs to the US Stock Market

Ou, Rongzhao. (2023). "Price Discovery or Overreaction? A Study on the Reaction of Asia Pacific Country ETFs to the US Stock Market." Investment Analysts Journal. 52:4, 349-364.

Efficiency of Different VaR Computing Methods–Based on the Performance of VaR in Upward, Downward and Swinging Trends of Stock Market

Ou, Rongzhao. (2014). "Efficiency of Different VaR Computing Methods–Based on the Performance of VaR in Upward, Downward and Swinging Trends of Stock Market." 7nd China Lixin Risk Management Conference. 2014, 261-270.

A Study on the Relationship among the Leading Actors, Directors, and the Box Office Income of a Film – Based on Multiple Linear Regression Model

Yang, Yongbin & Ou, Rongzhao. (2013) "A Study on the Relationship among the Leading Actors, Directors, and the Box Office Income of a Film – Based on Multiple Linear Regression Model." Information Management, Innovation Management and Industrial Engineering (ICIII) 6(1), 469-471.

Honors and Awards

• Finance and Business Economics Area Best Teaching Assistant Award, McMaster University, 2023
• International Excellence Award, McMaster University, 2017
• Distinction in Dissertation (Performance of Value-at-Risk during Financial Crisis), University of St Andrews, 2012
• The Best Thesis of Undergraduate Innovation Contest (Prospect of Housing Economics in Zhujiang New Town), Jinan University, 2010
• Merit Student Scholarship, Jinan University, 2009 & 2010

Presentations

• Finance Dissertation Workshop, McMaster University, 2023
• Finance Dissertation Workshop, McMaster University, 2022
• Finance PhD and Faculty Retreat, McMaster University, 2022
• Finance Brown Bag Seminar, McMaster University, 2021

Activities

• ARPM Quant Bootcamp, New York University (Remote), 2024
• Web-Scraping and Data-Cleaning for Research, Indiana University (Remote), 2021
• FRM Exam Item Writer, GARP, 2018 & 2019
• Exchange Student for Cross-Straits Economic Management Seminar, Yuan Ze University (Taiwan), 2010

Miscellaneous

• Languages: English (Fluent), Cantonese (Native), Mandarin (Native), Japenese (Basic), French (Basic)
• Programming Skills: Python, R, MATLAB, Stata, Eviews, VBA
• Professional Qualifications: CFA, FRM, Intermediate Economist (China), Futures Investment Analyst (China), Qualification Certificate of Banking Professional (China)