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Arakelyan Badalyan, Armen
PhD: Universidad Carlos III de Madrid
Office F6.1
BIO
Armen Arakelyan is an Adjunct Professor of Finance at CUNEF with a research specialization in both corporate finance and asset pricing. He obtained his doctorate degree in the field of finance from Universidad Carlos III de Madrid.
His work has been published in journals such as International Review of Economics and Finance and Journal of Multinational Financial Management. His work has been presented at several international conferences, such as World Finance Conference, European Financial Management Association, Multinational Finance Society, and others. He is also accredited by Aneca as Profesor Ayudante Doctor.
In addition to academic research, Armen Arakelyan has experience in policy work in financial markets and banking regulation. In particular, Armen has two years of experience at the Spanish Securities and Markets Authority (CNMV) as an analyst and two and a half years of experience as an analyst in the department of Market Conduct at Bank of Spain.
Education
PhD in Business Administration and Quantitative Methods, Universidad Carlos III de Madrid (2012)
Master of Business Administration and Quantitative Methods, Universidad Carlos III de Madrid (2007) and MA in Economics, Central European University (2005)
BA in Economics, Moscow State University (2003)
Research Interests
Credit Derivatives, Credit Ratings and Credit Rating Agencies, Securities Market and Banking Regulation.
Career
American University of Armenia (AUA), Visiting Lecturer, 2021 - 2022
Central Bank of Spain (BdE), Analyst, 2018 – 2021
Spanish Securities and Markets Authority (CNMV), Researcher, 2015 – 2017
Publications in Scientific Journals
Arakelyan, Armen; Serrano, Pedro: “Liquidity in Credit Default Swap Markets”, Journal of Multinational Financial Management, 37-38, 139 – 157, 2016.
Arakelyan, Armen; Rubio, Gonzalo; Serrano, Pedro: "The reward for trading illiquid maturities in credit default swap markets", International Review of Economics and Finance, 39, 376 – 389, 2015.
Arakelyan, Armen: “Aggregate Default and Illiquidity of CDS spreads”, Spanish Review of Financial Economics, 12 (2), 47 – 57, 2014.