William N. Goetzmann

Edwin J. Beinecke Professor of Finance and Management Studies & Director of the International Center for Finance

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Professor Goetzmann is an expert on a diverse range of investments, including stocks, hedge funds, real estate and art. His research also includes the history of finance in China, the origins of corporations and the history of stock market bubbles. Professor Goetzmann's work has been featured in the Wall Street Journal, the New York Times, Business Week, the Economist, Forbes, and Art and Auction. Professor Goetzmann has co-authored a number of books, including a bestselling book on Investment Management and a history of  financial innovation book entitled The Origins of Value: The Financial Innovations that Created Modern Capital Markets, and is the author of a 2016 book on the history of finance, entitled Money Changes Everything. He has taught investment management, real estate, and portfolio management at the Yale School of Management for more than 20 years.


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“When it works well, the classroom becomes a forum for discussion not just about the cases, but the bigger social, ethical, and analytical issues at stake.”


  • PhD, Yale University, 1991
  • MA MPhil , Yale University, 1989
  • MPPM , Yale University, 1986
  • BA, Yale College, 1978


  • World Financial History MGT 649
  • Portfolio Management in Practice MGT 845
  • Independent Reading & Research MGT 690
  • Portfolio Management: Alternatives MGT 807
  • Cases in Commercial Real Estate MGT 849

Selected Books

Selected Articles

Selected Working Papers


  • President, Western Finance Association , 2010
  • Past President, European Finance Association, 2006