Rotman School of Management, University of Toronto

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Mariana Khapko

Mariana Khapko

Mariana Khapko

Assistant Professor of Finance, Department of Management, University of Toronto Scarborough


PhD in Finance, Stockholm School of Economics
MA in Economics (distinction), Central European University


Mariana Khapko is an Assistant Professor of Finance at the University of Toronto in the Department of Management at University of Toronto Scarborough, with a cross appointment at the Rotman School of Management. Mariana holds a PhD in Finance from the Stockholm School of Economics and is a Research Affiliate at the Swedish House of Finance. Her research interests are in asset pricing, portfolio choice, behavioral finance and the microstructure of financial markets.

Academic Positions

  • 2015 - present

    Assistant Professor of Finance, University of Toronto

Selected Publications - Papers

  • On Time Inconsistent Stochastic Control in Continuous Time

    Tomas Bjork, Mariana Khapko, Agatha Murgoci

    Finance and Stochastics

    Issue:21 (2)


    Pages: 331-360

  • Should Investors Learn About the Timing of Equity Risk?

    Michael Hasler, Mariana Khapko, and Roberto Marfè

    Journal of Financial Economics, Forthcoming


Honors and Awards

  • 2017

    Connaught New Researcher Award,

  • 2016

    Peter Hogfeldt Award for Outstanding PhD Thesis,

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