Dr. Yaman Erzurumlu CFA

Assistant Professor

Finance, Insurance and Law

Office

SFHB State Farm Hall Of Business 240

Office Hours

Monday 11:00 - 12:20 & 18:00 - 19:15
Wednesdays 11:00 - 12:20

Office Phone

(309) 438-1789office
phone

yoerzur@ilstu.eduemail

About
Education
Research

Biography

I was born in Izmir Turkey by the Mediterranean, got my BS in Engineering Management from Istanbul Tech, and my PhD in Finance from the University of Central Florida. I see myself as an Academician / semi-professional Theater personality / CFA charter holder. I am also full-time father of Maya.

Current Courses

MBA 440.001 Financial Management

MBA 440.002 Financial Management

FIL 341.003 Intermediate Business Finance

FIL 341.004 Intermediate Business Finance

MBA 440.001 Financial Management

MBA 440.002 Financial Management

FIL 341.001 Intermediate Business Finance

FIL 341.002 Intermediate Business Finance

Teaching Interests & Areas

Corporate Finance at Introductory and Intermediate levels,
Financial Modeling,
Project Investment,
Equity Valuation,

Research Interests & Areas

My current research topics are;
- Mutual fund performance and management
- Firm-level ESG
- Downside Risk in Portfolio Management
- Entrepreneurial Finance and Innovation Dynamics at the country level
- Interest rate and Credit Spread risks in Banking Book

PhD Finance

University of Central Florida

Orlando, FL, USA

MS Finance

Marmara University

Istanbul Turkey

BS Engineering Management

Istanbul Technical University

Istanbul, Turkey

Book, Chapter

Yerlikaya, S., and Erzurumlu, Y. Ö. (2021). Artificial Intelligence in Public Sector: A Framework to Address Opportunities and Challenges. The Fourth Industrial Revolution: Implementation of Artificial Intelligence for Growing Business Success, Studies in Computational Intelligence 935, 201-216

Conference Proceeding

Tanış, A., Erzurumlu, Y.O.;. (2021). ANN Based Holistic Performance Valuation and Mutual Fund Selection: Evidence from Turkey. In: Allahviranloo, T., Salahshour, S., Arica, N. (eds) Progress in Intelligent Decision Science. IDS 2020. Advances in Intelligent Systems and Computing, vol 1301. Springer, Cham. https://doi.org/10.1007/978-3-030-66501-2_31

Journal Article

Erzurumlu, Y., Gozgor, G., Turkkan, M., Lau, C., & Soliman, A. The Effects of Geopolitical and Political Risks on Corporate ESG Practices. Raff Dewil / Jason Evans / Lixiao Zhang (EDs). Journal of Environmental Management 386.125747 (2025)

Liao, Q., Erzurumlu, Y. O., & Gozgor, G. (2025). Impact of Market Regulations on Firm-Specific ESG Performance: Evidence from Asian Economies. Research in International Business and Finance, 102864.

Oygur, T., Kirik, A., & Erzurumlu, Y. Secured or Unsecured: That is All Matters: Practical Implications of New Reference Rates. Mark Taylor (EDs). Applied Economics Letters (2025): 5.

Sun, Y., Erzurumlu, Y., & Gozgor, G. Economic Uncertainty and Innovation Capability: Corruption as a Barrier to Innovation Output. Robert Faff (EDs). Pacific Basin Finance Journal 102855 (2025): 38.

Chen K., Erzurumlu Y.O., Gozgor G., Lau C.K.M., Turkkan M., “The impact of economic uncertainty on corporate ESG performance: Global evidence”, Research in International Business and Finance, Volume 72, Part B, (2024), https://doi.org/10.1016/j.ribaf.2024.102533

Written Case with Instructional Material

Erzurumlu, Y., & Erzurumlu, S. Finalaw: Fintech Platform Disrupting Real Estate Industry. Harvard Business Review (2025): 11.

Presentations

Dynamic Modelling of Shocks to Credit Spread Risk in Banking Book. 51st EBES Conference. Eurasia Business and Economic Society. (2025)

Integrating Political and Geopolitical Risks into ESG Practices: The Missing Link in Risk Analysis. 7th Ethical Finance and Sustainability Conference. University of Leeds. (2024)

Economic Policy Uncertainty and Corporate Esg Performance. Engineering and Technology Management Summit 2023. ITU & BAU. (2023)