Professor John Hull

University Professors 2016
Rotman School of Management
Research Interests:
Derivatives and risk management


John Hull is the Maple Financial Professor of Derivatives and Risk Management at the Joseph L. Rotman School of Management, University of Toronto. He is an internationally recognized authority on derivatives and risk management and has many publications in this area. His work has an applied focus. His areas of research have included the impact of stochastic volatility on the pricing and hedging of options, the valuation of interest rate derivatives and credit derivatives, the calculation of value at risk, the evaluation of model risk, and the regulation of financial institutions. He was, with Alan White, one of the winners of the Nikko-LOR research competition for his work on the Hull-White interest rate model, which is widely used by practitioners. In 1999 he was voted Financial Engineer of the Year by the International Association of Financial Engineers. He has acted as consultant to many North American, Japanese, and European financial institutions. He has won many teaching awards, including University of Toronto's prestigious Northrop Frye award.

He has written three books: “Risk Management and Financial Institutions” (now in its 4th edition), "Options, Futures, and Other Derivatives" (now in its 9th edition) and "Fundamentals of Futures and Options Markets" (now in its 9th edition). The books have been translated into many languages and are widely used in trading rooms throughout the world, as well as in the classroom.

Among Dr. Hull’s professional achievements are the following. In 2002 he was Included by the magazine Risk in its Hall of Fame as one of the 50 people who have made a profound contribution to the field of risk management; in an industry survey by the International Centre for Business Information (ICBI) in 2006, he was voted the academic who had made the most contribution to the derivatives industry over the previous five years; in 2008, he was the inaugural recipient of the Professional Risk Managers’ International Association (PRMIA) History Makers Award; in 2009, he was Elected to the Fixed Income Hall of Fame by the Fixed Income Analysts Society.

Hull has been a member of Rotman’s Financial Services Advisory Board since 2010, helping the school build its relationship with large financial institutions. He is co-director of Rotman’s Master of Finance program and Rotman’s new Master of Financial Risk Management program. In addition to the University of Toronto, Dr. Hull has taught at York University, University of British Columbia, New York University, Cranfield University, and London Business School.

Dr. Hull studied Mathematics at Cambridge University (BA & MA), and holds an MA in Operational Research from Lancaster University and a PhD in Finance from Cranfield University.