About the Author

Donald J. Smith is an associate professor of finance and economics at the School of Management, Boston University. He received his M.B.A. and Ph.D. degrees in economic analysis and policy at the School of Business Administration, University of California at Berkeley. Don specializes in teaching fixed-income markets and risk management courses. He has published widely in academic and trade journals, including the Financial Analysts Journal; Journal of Finance; Journal of Money, Credit, and Banking; Journal of Fixed Income; Journal of Financial Engineering; Financial Management; Journal of Portfolio Management; Journal of Financial Education; Journal of Applied Corporate Finance; Journal of Applied Finance; Applied Economic Letters; GARP Risk Review; Derivatives Strategy; Derivatives Quarterly; and the Journal of Derivatives. Don has coauthored chapters in the Handbook of Financial Engineering, Interest Rate Swaps, and Cross-Currency Swaps, and two monographs for the CFA Institute, Interest Rate and Currency Swaps: A Tutorial and Derivatives, Risk Management, and Financial Analysis under SFAS 133.

Don has been actively involved with executive education for over 25 years, starting with Manufacturers Hanover Trust Company, where he was senior consultant to the Corporate Professional Development Department. He has developed and led training courses for many financial institutions, including Chemical Bank, Chase Manhattan Bank, Bank of Boston, Lehman Brothers, and the World Bank. He has been teaching fixed-income instruments and advanced interest rate risk management courses for Euromoney Training for almost 20 years. While most of his executive training work is in New York City, Don has taught many courses in London and Hong Kong as well as in Toronto, Mexico City, Caracas, Chennai, Sao Paulo, Buenos Aires, Quito, Cairo, Bahrain, Tokyo, Seoul, Sydney, Singapore, and Kuala Lumpur.

Don lives in Dover, Massachusetts. His hobbies are easy golf and hard Sudoku.