Maria Pacurar

Education

• PhD (HEC Montréal)
  
• MBA (IAE Nantes/ESFAM)
  
• BEc (Babes-Bolyai University, Romania)

1Current Teaching

• COMM 2220  Introduction to FinTech
  
• COMM 3203  Financial Institutions
• BUSI 6215  Foundations of Fintech
• BUSI 6255  Global Markets & Institutions
  

Research Interests

Dr. Pacurar’s research focuses on the use of high-frequency financial data for intraday risk measurement, market microstructure analysis and multi-market trading.

Selected Awards and Honours

• 2015  A. Gordon Archibald Teaching Excellence Award
  
• 2015  Rowe Research Grant
  
• 2009  Faculty of Management Teaching Excellence Award
• 2007  2006 Mercure Award for the best doctoral thesis at HEC Montréal
• 2006  Bank of Canada Award for Best Canadian Financial Market Paper at the 2006 Northern Finance Association Conference (with Georges Dionne and Pierre Duchesne)

Selected Publications

• Factor investing and risk management: Is smart-beta diversification smart? Nazaire, G., Pacurar, M., & Sy, O. Finance Research Letters, 41, 101854  (2021)
  
• Betas versus characteristics: A practical perspective  Nazaire, G., Pacurar, M., & Sy, O. European Financial Management 26, 1385-1413  (2020)
• Liquidity-adjusted intraday value-at-risk modeling and risk management: An application to data from Deutsche Börse  Dionne, G., Pacurar, M. & Zhou, X.  Journal of Banking and Finance 59, 202-219  (2015)
  
• Intraday value-at-risk (IVaR) using tick-by-tick data with application to the Toronto Stock Exchange  Dionne, G., Duchesne, P. & Pacurar, M.  Journal of Empirical Finance 16(5), 777-792  (2009)
  
• Autoregressive conditional duration (ACD) models in finance: A survey of the theoretical and empirical literature  Pacurar, M.  Journal of Economic Surveys 22(4), 711-751  (2008)