José Faias is the Academic Director of the MSc Programs in Finance and an Associate Professor of Finance (with tenure) at Católica Lisbon School of Business & Economics. He was the recipient of nine CATÓLICA-LISBON Distinguished Teaching Awards between 2016 and 2024 at the master’s level. He is also a research member of the Center for Sustainable Finance.

He holds a PhD in Finance (NOVA SBE), an MSc in Statistics and Optimization (NOVA SST), an MBA (CATÓLICA-LISBON) and a BA ("Licenciatura") in Mathematics - Actuarial Sciences (NOVA SST). He was a visiting fellow at Harvard University and a visiting scholar at MIT. He has previously taught at NOVA SBE and worked in the insurance and investment banking industry.

His research interests lie in Empirical Finance including topics such as predictability, extreme events, stock market efficiency, risk management, investor heterogeneity, mergers and acquisitions, cat bonds, and quantitative portfolio management. His research was presented at major Finance, Statistics, and Economics conferences and published in academic journals in the same fields. He has also received several research grants and awards for his research. 

• Price Elasticity of Demand and Risk Bearing Capacity in Sovereign Bond Auctions
  with Rui Albuquerque and José-Miguel Cardoso-Costa, The Review of Financial Studies, Volume 37, Issue 10, October 2024, pages 3149-3187. 

   BME Award 2022 to the best paper on Fixed Income Markets at the XXIX Finance Forum of the Spanish Finance Association. 

• Predicting Equity Risk Premium Using the Smooth Cross-Sectional Tail Risk: The Importance of Correlation

Journal of Financial Markets, Volume 63, March 2023, pages 100769.

• Equity Premium Predictability from Cross-Sectoral Downturns 

with Juan Arismendi Zambrano, Review of Asset Pricing Studies, Volume 12, Issue 3, September 2022, pages 808-842.

• The Diffusion of Complex Securities: The Case of CAT Bonds
  with José Guedes. Insurance: Mathematics and Economics, Volume 90, January 2020, pages 46-57.

• Out-of-Sample Stock Return Prediction Using Higher-Order Moments
  with Tiago Castel-Branco. International Journal of Theoretical and Applied Finance, Volume 21, Issue 6, September 2018, pages 1-27.

• Does Institutional Ownership Matter for International Stock Return Comovements?
  with Miguel Ferreira. Journal of International Money and Finance, Volume 78, November 2017, pages 64-83.

• Optimal Option Portfolio Strategies: Deepening the Puzzle of Index Option Mispricing
  with Pedro Santa-Clara. Journal of Financial and Quantitative Analysis, Volume 52, Issue 1, February 2017, pages 277-303.
  Online appendix 

• The Time-Varying and Asymmetric Importance of the Drivers of Influential Revisions  
      Semi-finalist for the best paper at FMA 2014, Bachelier 2018.

• The Effects of Fund Flows on Corporate Investment: A Catering View   
      with Nelson Camanho.

• Merger Waves and the Importance of Financial Advisors Reputation for Acquirers

• Principal Investigator of The Interplay Between Agents in the Financial Marketplace. (FCT/MCES) 2018-2022 Final Evaluation: A (Excellent).

• Co-Principal Investigator of Asset Valuation and Fundamentals. (FCT/MCES) 2016-2019  Final Evaluation: A (Excellent).

• Co-Principal Investigator of Financial Options Pricing and Portfolio Construction. (FCT/MCES) 2012-2015  Final Evaluation: A (Excellent).

• Co-Principal Investigator of Tail Risk and Liquidity Risk in Asset Prices. (FCT/MCES) 2016-2019  Final Evaluation: A (Excellent).

• Principal Investigator of GIFTED. (European Comission - Lifelong Learning Programme) 2012-2013 Final Evaluation: Excellent.

• Empirical Finance (MSc level) 2011-current

• Data Science for Finance (MSc level) 2018-current

• Methods in Finance (MSc level) 2012-2016

• Empirical Corporate Finance (MSc level, Executives) 2020-2023

• Workshop of Empirical Studies in Finance 2011-2017.

• Supervisor for more than 90 MSc dissertations.