*Investment
*Valuation

Dr. Yu Zhu is Professor of Finance at CEIBS. He has retired from Merrill Lynch where he was most recently Director of the Modeling and Analytics Group in the Merrill Lynch Securities Pricing Service. During his career with Merrill Lynch, Dr. Zhu was Director for Debt Market Risk Management, Equity Capital Markets and Vice President/Manager for the Portfolio Analytics Group at Merrill Lynch Debt Markets. He was Chief Risk Manager and Managing Director at Sakura Global Capital, Inc. He has served as an Adjunct Professor at New York University's Stern School of Business and Baruch College of the City University of New York.

Dr. Zhu received his Ph.D. in Finance from The Wharton School of University of Pennsylvania. He received his Master's degree in Decision and Computer Science from the Dual Program at Shanghai Jiao Tong University and The Wharton School. His bachelor's degree is in Physics from the Normal University of East China in Shanghai. His publications have appeared in professional books and the Journal of Finance, the Journal of portfolio Management, the Financial Analyst Journal, and Finance and Stochastics. His current research is focused on investments, securities pricing and risk management.