Robert E. Brooks, PhD, CFA, is Professor Emeritus of Finance at the University of Alabama and the President of Financial Risk Management, LLC, a financial risk management consulting firm focused on market risks. Brooks has retired from a 37-year career as a finance professor focused on investments, primarily issues related to financial risk management.
Brooks is the author of over 85 articles appearing in the Journal of Financial and Quantitative Analysis, Journal of Derivatives, Journal of Banking and Finance, Financial Management, and others. Further, he is the co-author of Foundations of the Pricing of Financial Derivatives: Theory and Analysis (PhD level) and An Introduction to Derivatives and Risk Management (Undergraduate level, Seventh through Tenth Editions) with Don Chance and has authored several books including Building Financial Risk Management Applications with C++ (Masters level). Further, he maintains https://www.youtube.com/@FRMHelpForYou, a YouTube channel covering free online materials, Building Quantitative Finance Applications with R (Masters level).
Brooks is an award-winning instructor at both the collegiate level as well as the executive level. His teaching awards include: Algernon Sidney Sullivan Award, nationally recognized and a University of Alabama Premier Award, 2023; Outstanding Commitment to Teaching Award, National Alumni Association, University of Alabama, 2014; Thomas D. Moore Endowed Teaching Award, Culverhouse College of Commerce, 2018; and Jim Nabors Teaching Excellence Award, Culverhouse College of Commerce, 2015. Finally, Brooks received numerous department-level teaching awards. Brooks has been retained as an executive training facilitator for several major companies.
Brooks has been quoted in several print media, including The Wall Street Journal, Bloomberg News, New York Times, and The Bond Buyer. Brooks has also testified in a subcommittee hearing of the U. S. House of Representatives in Washington, D.C. as well as in a field hearing of the SEC in Birmingham, Alabama. Brooks has consulted with major public utilities, energy companies, auditing firms, corporations, investment bankers, elected municipal officials, and commercial bankers regarding managing financial risks, derivatives valuation and software development.
Brooks has served as both consulting and testifying expert witness in several court cases and conducts custom-designed financial seminars on various aspects of finance.
PhD in Finance, 1986
University of Florida
BSc in Finance, 1981
Florida State University