From individual portfolio management to corporate investment analysis, the dynamic nature of the world of finance demands instruction that’s both diverse and experienced.

Our faculty consists of accomplished experts across the field of finance. With a focus on providing students with a practical education, they often use current events when teaching in order to prepare their graduates to transition seamlessly into the business world.

Full-Time Faculty

Cathy Goldberg

Department Chair
(415) 422-6991

Cathy Goldberg joined USF's Department of Finance as a faculty member in 2001. Cathy has a PhD in finance from the University of Colorado at Boulder, and her interests in research have been founded in emerging markets, financial integration and country risk. Her more recent work has taken an interdisciplinary approach, crossing into entrepreneurship and accounting.


Ph.D. , Finance, University of Colorado At Boulder, Boulder, Colorado, 2001 , MAT, Mathematics, Tulane University, New Orleans, LA, 1996, Bachelor Commerce, McGill University, Montreal, Quebec, 1986

Ludwig Chincarini

(415) 422-6992

Professor Ludwig B. Chincarini brings to USF over fifteen years of professional experience in the financial industry, specializing in portfolio management, quantitative equity management, and derivatives. He is the author of the industry standard Quantitative Equity Portfolio Management, and a new book about the financial crisis, The Crisis of Crowding. At present, Professor Chincarini serves as an advisor to USCF Investments, the leading commodities firm for exchange-traded funds (ETFs)....


Ph.D., Economics, Massachusetts Institute of Technology, 1995, B.A., Economics (Summa Cum Laude), University of California at Berkeley, 1991

Xiaoya (Sara) Ding

Associate Professor
(415) 422-4558

Xiaoya (Sara) Ding, PhD, CFA, teaches Principles of Finance and International Financial Management at USF. Ding’s research spans international finance, corporate finance, and asset pricing. Her work has been published in numerous highly respected academic journals, including Journal of Banking and Finance, Journal of Corporate Finance, Pacific-Basin Finance Journal, Journal of Empirical Finance, etc. Ding is a recipient of best-paper awards at the Asian Finance Association Conference and China...


PhD, Finance, School of Business, Queen’s University, Canada, MA, Economics, College of Business and Economics, University of Guelph, Canada, MA, Finance, School of Economics, Nankai University, China, BA, Finance, School of Economics, Nankai University, China

John Gonzales

Assistant Professor
(415) 422-5245

Assistant Professor John Gonzales is internationally recognized for his service work as an economist focusing on transition economies, emerging market economics, and monetary policy. With the aim of helping his students develop a more comprehensive understanding of the intricate and interdependent network of variables that affect our global economy, Gonzales teaches courses in capital market theory, corporate finance, investment and analysis, micro and macroeconomics, monetary economics, equity...


Ph.D., Economics, University of Wisconsin, 1983, M.A., Economics, University of Wisconsin, 1980, B.A., Economics, California State University, Fullerton, 1978

Robert Mefford

(415) 422-6408

Robert Mefford, Professor of Finance, brings a breadth of international experience to USF, with research emphasis on global supply chains, lean production systems, behavioral finance, and the productivity of global enterprises. Professor Mefford's business acumen is founded on senior management positions with leading health care providers including Blue Cross and Kaiser Foundation Health Plan. In studying the productivity of off-shore operations, Professor Mefford has explored how management...


Ph.D., International Business, University of California, Berkeley, 1983, M.A., Economics, University of California, Berkeley, 1981, M.B.A., Management, University of California, Los Angeles, 1966, B.S., Industrial Management, University of Southern California, Los Angeles, 1965

Mehrnoush Shahhosseini

Assistant Professor
(415) 422-6228

Mehrnoush Shahhosseini is an assistant professor of finance at the McLaren & Masagung School of Management at the University of San Francisco. Her areas of research are empirical banking, and corporate and household finance. Before joining the University of San Francisco, Professor Shahhosseini received her PhD in economics (finance) at the University of Illinois at Urbana-Champaign in 2016. She also has a master’s degree in economics and a bachelor’s degree in industrial engineering. Her...


Ph.D. in Economics (Finance), University of Illinois at Urbana-Champaign 2016, M.A. in Economics, Sharif University of Technology 2010, B.S. in Industrial Engineering, Alzahra University 2007

Manuel Tarrazo

(415) 422-2583

Manuel Tarrazo has taught a variety of graduate and undergraduate courses throughout his career at USF, including: financial management, investment analysis, entrepreneurship, personal finance, investing in Bay Area firms, and entrepreneurial finance. His research interests center on financial decision-making, especially financial management and the selection of investments. He has made contributions (including 30 journal publications and 40 academic presentations) to pedagogy, the enhancement...


PhD, Economics and Finance, State University of New York, Albany, NY, 1993, MA, Economics, State University of New York, Albany, NY, 1985, Licenciado, Economics (with concentration in Business and Public Finance), Universidad Complutense de Madrid, Spain, 1981


Corporate finance, financial management, investment analysis, entrepreneurial finance, and investing

Nicholas Tay

(415) 422-6100

Professor Nicholas Tay’s research focuses on building theoretical models and conducting empirical studies to understand how human behaviors and market frictions interplay to affect the pricing of financial assets and the stability of financial markets. He uncovers relationships and patterns through financial econometrics and non-economic concepts, including agent-based modeling, social network analysis, cellular automata, genetic programming, fuzzy logic, chaos theory, fractal analysis, wavelet...


PhD, Finance, Price College of Business, University of Oklahoma, Norman, OK, ABD, Physics, Florida State University, Tallahassee, FL, MS, Physics, Florida State University, Tallahassee, FL, BS with Honors, Physics, Florida State University, Tallahassee, FL

Part-Time Faculty

Ivan Asensio

Assistant Professor

Ivan Oscar Asensio has been part of the finance faculty at USF since 2015. He brings a wealth of professional experience to his classroom instruction, having spent over 20 years advising multinational corporations and institutional investors on solving problems related to currency and financial market risks. Professor Asensio's research focuses on two important strands in finance literature: solving the currency hedging puzzle and understanding the drivers that propagate the risk premium in...


Ph.D., Economics, University of California, Santa Cruz, 2013, M.A., International Economics, University of California, Santa Cruz, 2011, M.S., Statistics, University of California, Los Angeles, 2005, B.S., Finance, University of Southern California, 1998, B.A., Mathematics, University of Southern California, 1998

Contact Info

Admission: Undergraduate

Monday–Friday 8:30 a.m.–5 p.m. and Saturdays by appointment

University of San Francisco
Main Campus
Lone Mountain, Second Floor
2130 Fulton Street
San Francisco, CA 94117
(415) 422-6563