Yi Zhou

Yi Zhou, Ph.D.

Associate Professor
Phone: (415) 338-2661
Email: yizhou88@sfsu.edu
Location: CA 251G
Office Hours:
Mon: 6:45 am - 8:00 am, 12:15 pm - 1:45 pm
Wed: 6:45 am - 8:00 am


Professor Yi Zhou is an associate professor of finance with early tenure at San Francisco State University (SFSU). Her research interests are Empirical Asset Pricing, Derivatives, Credit Risk, Default Risk, Volatility, and Art and Finance. Professor Yi Zhou has published seven (7) papers, three (3) of which are in top-tiered journals as designated by the Financial Times. She has published in the Journal of Financial Economics (JFE) twice, Journal of Financial and Quantitative Analysis (JFQA), Journal of Banking and Finance, Journal of Empirical Finance, Journal of Financial Markets, and the European Journal of Finance. JFE and JFQA are the top-tiered journals as designated by the Financial Times.

Professor Yi Zhou has won New Research Award for 2020-2021, Exemplary Research Award for 2017-2018 and Exemplary Research Award for 2016-2017 of Lam Family College of Business at San Francisco State University. She has won the Development of Research and Creativity (DRC) Grants funded by California State University (CSU) Chancellor's Office Finance Department in 2017. She had won the Pacific Basin Finance Journal Research Excellence Award in 2016. She has won two research awards from Global Association of Risk Professionals (GARP), one research award from Center for Hedge Fund Research (CHFR), and the Best Paper Award of the American Association of Individual Investors of the Midwest Finance Association.

Professor Yi Zhou is in the top 10% of authors on the Social Science Research Network (SSRN) by total new downloads and by all-time downloads. Her papers have been on the SSRN's Top 10 download list in various fields.

Professor Yi Zhou has taught various courses in Investment, Derivatives, Risk Management, Business Finance, Corporate Finance, Private Equity and Venture Capital.

Professor Yi Zhou has been serving as the Academic Senator representing the Lam Family College of Business in the Academic Senate from 2018 to the present, the Curriculum Review & Approval Committee (C.R.A.C.) from 2018 to 2019,  the Academic Program Review Committee (A.P.R.C.) from 2017 to 2019, the Academic Master Plan from 2018 to 2019, and the Faculty Affairs Committee (F.A.C.) from 2019 to the present.

Professor Yi Zhou holds a PhD in Finance, MA in Statistics, and MA in Economics from the University of California, Los Angeles. She also holds a MA in Astrophysics from the University of California, Berkeley.

Media Coverage:

Professor Yi Zhou's single-authored article on art and finance, Narcissism and the Art Market Performance, strongly appeals to the public as evidenced by the number of research results reported worldwide (approximately 80) and the media coverage on television; over radio; and in magazines, newspapers, and online news platforms in multiple languages.

The exemplary media coverage by major national news sources includes ScienceDaily, artnet news, HuffPost, Yahoo Finance, Business Insider, The Art Newspaper, New Scientist, New York Magazine and ABC Radio Art News and 33 radio stations in the United States.

The exemplary media coverage by major international news sources include Jewish Business News (Israel), Daily Telegraph (the United Kingdom), BIBA (France), Slate (France), LE VIF (Belgium), news.artintern.net (China), art.people.com.cn (China), the Frankfurter Allgemeine Zeitung (Germany), and Art Now Contemporary Art of Pakistan (Pakistan).


Ph.D., Finance, University of California at Los Angeles (UCLA), Los Angeles, CA.
M.S., Statistics (Concurrent), UCLA, Los Angeles, CA.
M.A., Economics (Concurrent), UCLA, Los Angeles, CA.
M.S., Astrophysics, University of California at Berkeley, Berkeley, CA.
B.S., Space Physics, University of Science & Technology of China (USTC), P.R.China.

Research Interests: 

Empirical Asset Pricing, Derivatives, Credit Risk, Default Risk, Volatility, and Art and Finance.