Dr. Steven Sapra

Professor

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Biography

Steven Sapra is a Professor of Practice in Economics at the University of Southern California, with a Ph.D. in Economics from Claremont Graduate University, obtained in 2009. He has extensive teaching experience as an adjunct professor in both Economics and Finance at USC. His research prominently includes topics related to asset allocation and investment management, with several publications in leading finance journals. Notable works include analyses on equity fragility and the predictability of returns, demonstrating his expertise in quantitative finance and investment strategies. Prior to his academic career, Sapra held significant roles in the financial sector, including managing director at TOBAM and executive vice president at PIMCO. He is a member of the Chartered Financial Analyst Institute and has been actively involved in editorial boards and advisory roles in finance-related publications.

Research Interests

Experience

Professor of Practice

2023-02-01 — Present

University of Southern California • Los Angeles, CA

Teaching courses in Economics with a focus on practical applications in investment management.

Adjunct Professor

2018-01-01 — 2023-01-31

University of Southern California • Los Angeles, CA

Instructed courses in Economics.

Adjunct Professor

2011-01-01 — 2018-01-01

University of Southern California, Marshall School of Business • Los Angeles, CA

Taught Finance-related courses.

Executive Vice President

2012-10-01 — Present

PIMCO • Newport Beach, CA

Led investment strategies and portfolio management.

Managing Director

2011-01-01 — 2012-09-01

TOBAM • Paris, FR

Managed investment strategies in the European market.

Portfolio Manager

1999-01-01 — 2010-01-01

Analytic Investors • Los Angeles, CA

Oversaw portfolio management and developed investment strategies.

Senior Consultant

1997-01-01 — 1999-01-01

Barra • Berkeley, CA

Provided consulting services in risk management and investment analysis.

Requirements for University of Southern California

Master Program
Requirements
GPA Requirement
Required:3
TOEFL
Listening
Required:20
Reading
Required:20
Writing
Required:20
Speaking
Required:20
Total
Required:90
IELTS
Listening
Required:6
Reading
Required:6
Writing
Required:6
Speaking
Required:6
Overall
Required:6.5
GRE General
Prerequisites
Bachelor's degree in Engineering, Math, or Hard Science
Application Checklist
  • Online application
  • Official transcripts
  • Personal Statement
  • Resume/CV
  • Letters of Recommendation (not required for MS CS, but allowed)
Specialization Notes

GRE is NOT required for Master's applicants for 2025-2026.