Dr. Mark Kamstra

Professor

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Biography

Mark J. Kamstra is a Professor at the Schulich School of Business, York University, specializing in Finance. He has a profound interest in Behavioral Finance and Asset Pricing, exploring how psychological factors influence investor decisions and market dynamics. His research investigates the behavioral underpinnings of time-varying risk premia, particularly how human sentiment and financial risk tolerance correlate with pricing mechanisms in capital markets. Kamstra's work aims to bridge classic rationality assumptions with modern behavioral finance, positing that investor moods and biases significantly impact asset price fluctuations. He is recognized for employing innovative methodologies, including machine learning, to enhance statistical modeling in finance. Over the years, Kamstra has successfully secured numerous SSHRC grants and other funding for his projects, demonstrating his active engagement in empirical studies. He teaches various courses on quantitative finance, investments, and behavioral finance at Schulich, shaping the next generation of finance professionals. Kamstra's contributions to the field are broadly acknowledged through his publications and participation in academic discourse on finance.

Research Interests

Courses

Quantitative Analysis Management Decisions Applications Data Science Finance Investments Behavioral Finance Topics Finance

Requirements for York University

Master Program
Requirements
GPA Requirement
Required:3.3
IELTS
Overall
Required:7.5
TOEFL
Total
Required:100
Prerequisites
4-year Honours Bachelor degree in a related discipline
Application Checklist
  • Transcripts
  • Statement of Interest
  • Resume/CV
  • 3 Letters of Recommendation
  • Sample of Written Work
Specialization Notes

Department of Liberal Arts & Professional Studies graduate programs generally follow the Faculty of Graduate Studies (FGS) B+ minimum requirement.