Dr. Stelios N. Markoulis is adjunct lecturer/visiting assistant professor in the area of finance and in particular investments & portfolio management, derivatives, corporate finance, international finance, business valuation, and investment banking. He has 17 years of experience in the financial services industry where he had the chance to acquire extensive knowledge in the areas of investment banking and corporate finance. Main research interests focus on empirical finance issues such as bank defaults, the effect of exogenous shocks on markets, capital raising through initial public offerings, and the micro- and macro-economic determinants of stock returns. His work has been published in a number of refereed international journals and books. Currently a member of the editorial board at the Journal of Banks and Bank Systems, the Journal of Investment Management and Financial Innovations, and the Journal of Econometric Research in Finance.