I.W. Burnham II Professor of Investment Banking
The Wharton School
Michael Gibbons is the I.W. Burnham II Professor of Investment Banking. He served as Deputy Dean of the Wharton School from 2007 to 2021, overseeing all aspects of the School relating to faculty, curriculum, and research. Before coming to Wharton in 1989, he was a tenured faculty member at the Stanford Business School. He served as chairperson of Wharton’s Finance Department from 1994 to 2006. He has taught Financial Derivatives, Fixed Income Securities, and Investment Management.
An outstanding teacher, Gibbons has been recognized with Wharton’s Excellence in Teaching Award. His research and teaching focus on the valuation of financial securities, including financial derivatives and fixed income securities. His papers have been published in the American Economic Review, Econometrica, the Journal of Business, the Journal of Finance, Journal of Financial Economics, Journal of Monetary Economics, and the Review of Financial Studies. He has served as either an editor or associate editor for the major academic journals in finance.
Gibbons earned his bachelor’s degree from Butler University, a master’s degree from the University of Chicago, and his doctorate in economics at the University of Chicago.