Michael A. Goldstein, Ph.D. is a Professor of Finance at Babson College where he holds the Donald P. Babson Chair of Applied Investments. He currently also holds a three-year appointment as a Visiting Professorship Fellow at the Climate Change Research Center at the University of New South Wales. He also is an Honorary Professor of Environment and Society at Brown University

He is currently the Editor of The Financial Review, and an Editor at Weather, Climate and Society, a journal of the American Meteorological Society. He is an Associate Editor at the Journal of Financial Markets and Finance Research Letters, and was an Associate Editor of Financial Management from 2011 to 2016. 

Dr. Goldstein has recieved four U.S. National Science Foundation grants related to Arctic Economics. His work in the Arctic has taken him to near or above the Arctic Circle, including Yellowknife (Northwest Territories, Canada), Fairbanks, Barrow, and Point Barrow (Alaska), and Akureyri (Iceland). Some of his work can be seen at www.arcticecon.com. He has multiple publications on climate science in science journals.

He served on the Financial Industry Regulatory Authority (FINRA)'s Economic Advisory Committee, and was Chair from 2011 to 2021. Dr. Goldstein previously served as a member of the Nasdaq Economic Advisory Board from 2003 to 2005, and served as Chair in 2005. Dr. Goldstein was chosen to be the Visiting Economist at the New York Stock Exchange (NYSE) for 1997-1998 and was the eighth academic to hold that post. His research covers market microstructure, corporate bonds, climate change, dividend payments around the world, privatization of formerly communist countries, and real estate, and has consults Fortune 100 companies and financial firms on financial strategy, international strategy, and complex litigation. 

At Babson, Dr. Goldstein was the first Faculty Director of Babson's Master of Science in Finance program from 2016 to 2021.  Previously, he was Chair of the Finance Department from 2012 to 2015, and Chair of the Faculty Senate from 2009-2010.  He has been designated a Babson Faculty Scholar multiple times. Previous to holding the Donald P. Babson Chair, Dr. Goldstein held the Joseph Winn Term Chair from 2000 to 2005, was a Senior Research Teaching Fellow from 2005 to 2009, and held the Natalie Taylor Senior Term Chair for 2009-2010.   He served as the first Faculty Director of the Stephen D. Cutler Center for Investments and Finance at Babson from 2009 to 2012. At Babson, Dr. Goldstein has taught undergraduate, graduate, and Executive Education classes.

After receiving his B.S, MBA, MA and Ph.D. from the Wharton School of the University of Pennsylvania , Dr. Goldstein taught at both the University of Colorado at Boulder and at Boston College prior to joining the faculty at Babson.  Dr. Goldstein has taught undergraduate, MBA, Ph.D., and Executive Education courses in corporate finance, valuation, markets and instruments, and financial institution management.  He has also held the title of Honorary Professor at The Queen's University of Belfast from 2009 to 2014.  During the 1996-1997 academic year, Professor Goldstein visited Boston College, where he taught the core undergraduate and MBA corporate finance courses, and was a Visiting Professor at Trinity College (Dublin) in 2009. During 2016, he was a Visiting Professor in the Finance Department at the University of Sydney.

Prior to completing his graduate work, Dr. Goldstein was an investment banker with Merrill Lynch in their Capital Markets division, where he worked in the Financial Institutions Group and the Japan Banking Group on many initial public offerings (IPOs), debt issuance, secondary equity offerings, and mergers and acquisitions (M&A). In 1990, Michael Goldstein traveled to Poland to work with the Deputy Prime Minister on Poland's privatization program.  He has also traveled extensively throughout the world, including the former U.S.S.R., the former East Germany, Yugoslavia, Greece, Iceland, Canada, Israel, Japan, Brazil, Venezuela, Mexico, Australia, New Zealand, and almost all of Western Europe.

Dr. Goldstein is a member of many academic and professional societies.  His bio is listed in Marquis' Who's Who in America.  He was profiled in Fall 2005 issue The Wharton Alumni Magazine.

 

As a student

While an undergraduate at Penn, he was President of the International Affairs Association (the Model U.N. club) and General Partner of Pennsylvania Investment Alliance (a student run mutual fund). During his graduate work, Michael Goldstein wrote a column ("O Blessed Letters ...") for The Daily Pennsylvanian and served on the University Council, the Provost's Committee for Academic Planning and Budget, the Trustee's Committee for Student Affairs, and the Safety and Security Committee.  He also produced numerous plays while at Penn.  He created and was President of the Wharton Doctoral Council and was elected the Chair of the Graduate and Professional Student's Association, representing all 11,000 graduate and professional students at Penn.

 

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