Projects per year
Personal profile
Research interests
Carlo Sala is an Associate Professor of Finance in the Department of Economics, Finance, and Accounting at ESADE Business School. He also serves as the Director of the M.Sc. in Finance program.
Carlo holds a Ph.D. in Finance from the Swiss Finance Institute (SFI), earned at the University of Lugano (Switzerland) under the supervision of Professor Barone Adesi. In recent years, he has been invited as a visiting researcher at esteemed institutions including the University of Oxford (UK), University of Oslo (Norway), University of New South Wales (Australia), Aalto Business School (Finland), Laval University (Canada), and the University of Milano Bicocca (Italy).
His research and publications primarily focus on option pricing, risk management, econometrics, and mathematical finance.
At ESADE, Carlo teaches various courses, including Derivatives (master), Asset pricing (master and bachelor), Finance Theory (Ph.D.), Continuous and Discrete Pricing in Finance (Ph.D.), and Fintech (Executive education). He also delivers courses for the European Union and other universities worldwide.
Carlo is the co-founder of Kakubi and brings his expertise as a private consultant in the risk management sector. Among his notable achievements, he designed and implemented a CDS-based ad-hoc risk model for the Milan branch of the international fund CO.MO.I. Prior to this, he worked as a consultant in financial markets at Accenture and later as a quantitative analyst in the European gas and power market.
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Collaborations and top research areas from the last five years
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GREF: Group for Research in Economics and Finance
Bayona Font, A. (PI), Ansotegui Olcoz, C. (Research), Arcalean, C. (Research), Ballabriga Clavería, F. (Research), Bermejo Boixareu, V. J. (Research), Bisbe Viñas, J. (Research), Brandao de Mello Souza, A. (Research), Del Viva, L. (Research), Dumitrescu, A. (Research), Errico, M. (Research), Forte Arcos, S. (Research), Guasch Mercadé, M. (Research), Platikanova, P. (Research), Rachedi, O. (Research), Redigolo, G. (Research), Sala, C. (Research), Schiopu, I. (Research), Simkievich, C. (Research), Thuy Linh, V. (Research), Villegas Sanchez, C. (Research) & Jhunjhunwala, T. (Research)
Agència de Gestió d'Ajuts Universitaris i de Recerca (AGAUR)
1/01/22 → 30/06/25
Project: Research Groups and Network Grants › Research Groups
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GREF: Grup de recerca en Economics and Finance
Villegas Sanchez, C. (PI), Ansotegui Olcoz, C. (Research), Arcalean, C. (Research), Bayona Font, A. (Research), Bisbe Viñas, J. (Research), Dumitrescu, A. (Research), Platikanova, P. (Research), Schiopu, I. (Research), Ballabriga Clavería, F. (Research), Forte Arcos, S. (Research), Bermejo Boixareu, V. J. (Research), Sala, C. (Research), Zakriya, M. (Research) & El Hefnawy, M. (Research)
1/01/17 → 31/12/21
Project: Research Groups and Network Grants › Research Groups
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Directional Information In Equity Returns
Del Viva, L., Sala, C. & B.M. Souza, A., 17 Apr 2024.Research output: Working paper
Open Access -
Managing the shortfall risk of target date funds by overfunding
Barone Adesi, G., Platen, E. & Sala, C., 10 Jan 2024, In: Journal of Pension Economics and Finance. 25 p.Research output: Indexed journal article › Article › peer-review
Open Access -
Smart Deep Learning Calibration of the SABR Model
Pravosud, M. & Sala, C., 1 Jun 2024, In: Journal of Financial Data Science. 6, 3, p. 147-181 35 p.Research output: Indexed journal article › Article › peer-review
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Contingent convertible bonds in financial networks
Calice, G., Sala, C. & Tantari, D., Dec 2023, In: Scientific Reports. 13, 1, 22337.Research output: Indexed journal article › Article › peer-review
Open Access1 Citation (Scopus) -
Extremal quantiles and stock price crashes
Andreou, P. C., Anyfantaki, S., Maasoumi, E. & Sala, C., 11 Oct 2023, In: Econometric Reviews. 42, 9-10, p. 703-724 22 p., 2241223.Research output: Indexed journal article › Article › peer-review