Nan Qin
Associate Professor of Finance
Northern Illinois University
Email: nanqin@niu.edu
Research Interests
Fixed-income, mutual funds, market fragility, portfolio management.
Publications
Qin, Nan, and Lei Zhou. "Are investor-paid credit ratings superior?" Financial Management 54, no. 1 (2025): 53-87.
Huang, Jingzhi, Nan Qin, and Ying Wang. "Breadth of ownership and the cross-section of corporate bond returns." Management Science 70, no. 9 (2024): 5627-6482.
Qin, Nan, and Vijay Singal. "Effect of high-frequency trading on mutual fund performance." The Financial Review 58, no. 2 (2023): 369-394.
Qin, Nan, and Vijay Singal. "Equal-weighting and value-weighting: which one is better?" Review of Quantitative Finance and Accounting 58 (2022): 743–768.
Qin, Nan, and Ying Wang. "Does portfolio concentration affect performance? Evidence from corporate bond mutual funds." Journal of Banking & Finance 123 (2021): 106033.
Chen, Yong, and Nan Qin. "The behavior of investor flows in corporate bond mutual funds." Management Science 63, no. 5 (2017): 1365-1381.
Qin, Nan, and Vijay Singal. "Indexing and stock price efficiency." Financial Management 44, no. 4 (2015): 875-904.
Working Papers
"Private investments of corporate bond mutual funds", with Jaewon Choi and Qifei Zhu.
Conferences: FIFI 2025 (scheduled), FIRS 2025, FMA 2024.
"The performance of corporate bond mutual funds and the allocation of underpriced new issues", with Gjergji Cici, Scott Gibson and Pei Zhang.
Conferences: FMA 2023.
"Asset fire sales by corporate bond ETFs during the COVID-19 crisis", with Ying Wang.
Conferences: FMA 2022.
"Are passive investors a challenge to corporate governance?" With Di Wang.
Grants, Awards & Media Coverage
Summer Research Grant, NIU College of Business: 2025, 2023, 2019, 2018.
Best Paper Award for 2023, The Financial Review.
"Earnings jolt stocks like never before as ETFs, algos get blame." Bloomberg. October 17, 2016.
Teaching
MBA/EMBA/Master’s: Financial Analysis, Business Foundation (Finance), Risk Measurement.
Undergraduate: Investments, Corporate Finance, Introduction to Finance, Managerial Finance, Portfolio Management, Financial Institutions.
Average teaching evaluation over the past five years: 4.5/5.0
Education
2014 Ph.D. in Finance, Virginia Tech, Blacksburg, VA
2009 M.S. in Financial Engineering, Temple University, Philadelphia, PA
2007 B.E. in Computer Science, Xi’an Jiaotong University, Xi’an, China