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Photo of Azarmsa, Ehsan

Ehsan Azarmsa

Assistant Professor

Department of Finance

Pronouns: He/Him/His

Contact

Building & Room:

UH 2125

Address:

601 S. Morgan St., Chicago, IL 60607

Office Phone:

(312) 256-7813

CV Link:

Ehsan Azarmsa

Related Sites:

About

Ehsan Azarmsa is an Assistant Professor of Finance at the University of Illinois Chicago. He obtained his Ph.D. in Financial Economics at the University of Chicago in 2022 (jointly from the Booth School of Business and the Department of Economics). He conducts research in a broad range of areas, including information economics and capital markets. He is a member of the Finance Theory Group. Prior to his Ph.D. studies, Professor Azarmsa obtained his Bachelor’s degree in Electrical Engineering and Master’s degree in Economics from the Sharif University of Technology in Tehran, Iran. He received a Bronze Medal in the International Math Olympiad (IMO) in 2009, and was an instructor of the Iranian national team for IMO 2014 and 2015.

Selected Publications

Azarmsa, Ehsan, and Lin William Cong. “Persuasion in relationship finance.” Journal of Financial Economics 138.3 (2020): 818-837.

Notable Honors

2020, Winner of Cubist Award, Western Finance Conference

2018, Wharton School-WRDS Outstanding Paper, Corporate Finance Eastern Finance Association, Philadelphia

2015, Scholarship, Hand Foundation

2009, Bronze Medal 50th International Mathematical Olympiad, Germany, Bremen

Education

PhD in Financial Economics (2022), University of Chicago, Booth School of Business and Department of Economics
MSc in Economics (2015), Sharif University of Technology
BSc in Electrical Engineering (2013), Sharif University of Technology

Professional Memberships

Finance Theory Group

Research Currently in Progress

  • Azarmsa, Ehsan, and Joel D. Shapiro. "The market for ESG ratings."
  • Azarmsa, Ehsan. "Investment sophistication and wealth inequality."
  • Azarmsa, Ehsan, and Johannes Beutel. "Managing Asset Return Expectations through Communication."
  • Akbas, Ferhat, Lezgin Ay, Ehsan Azarmsa, Chao Jiang, and Paul Koch. "Leverage Constraints and Multifactor Models."
  • Azarmsa, Ehsan, Lisa Yao Liu, and Suzie Noh. "How Does Internal Communication Technology Affect Internal Information: Theory and Evidence."
  • Azarmsa, Ehsan. "Financing Infrastructure with Inattentive Investors: The Case of US Municipal Governments."