Steve Heston graduated with a BS double major in Mathematics and Economics from the University of Maryland, College Park in 1983. He attended the Graduate School of Industrial Administration and earned an MBA in 1985 followed by a PhD in Finance in 1990. He has held previous faculty positions at Yale, Columbia, Washington University, and the University of Auckland in New Zealand. He has worked in the private sector with Goldman Sachs in Fixed Income Arbitrage and in Asset Management Quantitative Equities. He is known for analyzing options with stochastic volatility and international stock risk.

Present Employment

2002 – University of Maryland, College Park
Associate Professor of Finance


Education

Carnegie Mellon University, Graduate School of Industrial Administration

1990 Ph.D. in Finance
1987 M.S. in Finance
1985 M.S. in Industrial Administration ("M.B.A.")

University of Maryland, College Park

1983 B.S. in Mathematics and Economics


Employment

1998 –   2002

Goldman Sachs (New York)
Vice President (U.S. Arbitrage)
Vice President (Quantitative Equities)

1994 -   1998 Washington University in St. Louis
Assistant Professor of Finance
1993 -   1994 Columbia Business School
Visiting Assistant Professor of Finance
1989 -   1993 Yale School of Organization and Management
Assistant Professor of Finance