Professor Nishad Kapadia brings a strong understanding of international business to his work at Tulane. Originally from India, Professor Kapadia served at Rice University for six years before joining the faculty at Freeman. He has a professional background at KPMG Consulting's London and Bombay offices, where he focused on business strategy, technology and risk management consulting for the financial services industry.

Professor Kapadia's research focuses on asset pricing. In particular his research tests theories of why some stocks or trading strategies have higher average returns than others. His papers examine why individual stocks in US markets have become more volatile over time, why small stocks and value stocks have high average returns, and whether lottery-like stocks, with a small probability of really high returns (positive idiosyncratic skewness) are "overpriced" in equity markets.

Professor Kapadia enjoys Tulane's dedicated, hard-working students and his friendly colleagues, with whom he can engage in lively exchanges of ideas.