Education
University of Oxford. Massachusetts Institute of Technology Sloan School of Management. Massachusetts Institute of Technology.
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Michael Brennan
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Career
Brennan co-designed the Brennan-Schwartz interest rate model and was a pioneer of real options theory. His writings on real options and asset pricing, corporate finance, derivative securities, market microstructure, the role of information in capital markets, and risk management have been published extensively. He is a former president of the American Finance Association, and has served as editor of the Journal of Finance and was the founding editor of the Review of Financial Studies.
The Michael Brennan Award is named for him.
He has served as consultant to businesses and governments in the United States of America and Canada. He was previously a professor at the London Business School.
Professor Brennan holds a Bachelor of Philosophy in Economics (1964) from Oxford University, an Master of Business Administration (1967) from the University of Pittsburgh and a Doctor of Philosophy in Business (1970) from the Massachusetts Institute of Technology Sloan School of Management. On May 22, 2011, Brennan was awarded an honorary Doctor of Laws from the University of Notre Dame.
