Emma Rasiel


Professor of the Practice of Economics, and Director, Duke Financial Economics Center

Emma Rasiel is the Teaching Director of the Duke Financial Economics Center, as well as Associate Chair and Professor of Economics at Duke. Emma’s role includes developing and delivering curricular and extra-curricular programs to Duke undergraduates to improve their preparedness for careers in business and finance. Emma’s regularly taught courses include Practical Financial Markets, Intermediate Finance, and Equity Research. She also enjoys teaching Behavioral Finance each summer on her Duke in London study away program and invites anyone to check out her online Behavioral Finance course, offered on the Coursera MOOC teaching platform.

The extra-curricular programs for Duke undergraduates that Emma spearheads include bank-sponsored case study competitions; an alumni-student mentoring program for 80 students each year; and Spring Mock Interview Days, during which more than 100 students have mock interviews with 40+ alumni, in preparation for investment bank recruiting season. Emma is also collaborating with Pratt for their Master's in FinTech which launched in Fall 2020.  She was appointed Associate Chair of the Economics department in 2016.

Emma holds bachelor's and master's degrees in mathematics from Oxford University (1986) and an MBA from the Wharton School (class of 1990). She joined Goldman Sachs in 1990 and spent two years in their New York office, subsequently moving to London to spend five years trading European bond options. She was promoted to Executive Director in 1994 and left Goldman in 1997 to pursue further academic studies at Duke. She completed her PhD in finance at the Fuqua School in 2003, moved across campus to the Economics Department, and feels very fortunate that she has been able to remain at Duke ever since.

Emma enjoys horseback riding in the cooler months of the year, water skiing in the warmer ones, and poker all year round.

Appointments and Affiliations

  • Richard Y. Li Professor of the Practice
  • Professor of the Practice of Economics
  • Associate Chair of Economics
  • Director of the Duke Financial Economics Center in Economics

Contact Information

  • Office Location: Box 90097, Social Science 228D, Duke University, Durham, NC 27708
  • Office Phone: +1 919 660 1800
  • Email Address: emma.rasiel@duke.edu
  • Websites:


  • Ph.D. Duke University, 2003
  • M.B.A. University of Pennsylvania, 1990
  • B.A. University of Oxford (United Kingdom), 1986

Awards, Honors, and Distinctions

  • Selected as one of four "Great College Professors". Newsweek. 2009

Courses Taught

  • MGRECON 547F: Fundamentals of Business Economics
  • K_ECON 309: Behavioral Finance
  • K_ECON 201: Intermediate Microeconomics I
  • FINTECH 591: Special Readings in Financial Technology
  • FINTECH 522: Asset Pricing and Risk Management
  • FINTECH 505: Mid-Program Residency
  • FECON 472S: Goodner Equity Research Project
  • FECON 368A: Behavioral Finance: A Taxonomy of Money Mistakes
  • FECON 307A: Understanding Financial Bubbles and Crises
  • ENERGY 620: Energy Finance
  • EGR 390A: Advanced Special Topics in Engineering - Interdisciplinary
  • ECON 493: Honors Research Independent Study
  • ECON 472S: Goodner Equity Research Project
  • ECON 372: Asset Pricing and Risk Management
  • ECON 368A: Behavioral Finance: A Taxonomy of Money Mistakes
  • ECON 290-1: Selected Topics In Economics
  • ECON 256: Practical Financial Markets
  • ECON 254: Personal Finance

In the News

Representative Publications

  • Califf, RM; Rasiel, EB; Schulman, KA, Considerations of net present value in policy making regarding diagnostic and therapeutic technologies., Am Heart J, vol 156 no. 5 (2008), pp. 879-885 [10.1016/j.ahj.2008.06.038] [abs].
  • Rasiel, EB; Jacob, J, Index Volatility Futures in Asset Allocation: A Hedging Framework, Lazard Asset Management--Investment Research (2008) [abs].
  • Glickman, SW; Rasiel, EB; Hamilton, CD; Schulman, KA, Response [2], Science, vol 315 no. 5815 (2007), pp. 1076-1077 [abs].
  • Glickman, SW; Rasiel, EB; Hamilton, CD; Schulman, KA, Developing drugs for tuberculosis - Response, SCIENCE, vol 315 no. 5815 (2007), pp. 1076-1077 [abs].
  • Rasiel, EB; Temple, R, Prime and Subprime Mortgage Foreclosure Analysis, Lazard Asset Management--Investment Research (2007) [abs].