Nicolas Martelin, Ph.D., MBA, Adjunct Professor of Finance

Nicolas Martelin, Ph.D., MBA, Adjunct Professor, SHU LuxembourgNicolas Martelin is a visiting professor of finance. He received a Ph.D. in Finance from the University of Luxembourg and holds an MBA from St. John’s University, New York.

He is also a scholar in residence at Concordia University in Montreal in the finance department of the John Molson School of Business.

Nicolas has taught at several institutions: ESSCA and EPITECH in France, University of Luxembourg, and Concordia University in Canada.

His main area of expertise is behavioral finance and the philosophy of finance. Nicolas’ research on speculative bubbles has been well documented in the press (The Wall Street Journal, The New York Times, CNBC, The Guardian, The Times, Le Figaro, El Mundo) and lead him to research the underlying dynamics of bubbles in other fields of study using artificial intelligence (AI) tools.
He is the founder of Berman Sarrazin, a research center dedicated to the study of complexity in social sciences which offers research supervision and training to a few selected graduate students every year.

Prior to joining Sacred Heart University in Luxembourg, Nicolas was a financial correspondent with Le Figaro and Le Journal des Finances.

Degrees and Certifications

  • Ph.D. in Finance from the University of Luxembourg
  • MBA from St. John’s University, New York
  • B.S. in Management from California School of International Management

Teaching Responsibilities

  • FN 668 Portfolio Management
  • FN 699 Behavioral Finance

Publications and Presentations

  • “Is There a Bubble in the Art Market?” (2016)
  • R. Kraüssl, T. Lehnert, N. Martelin
    Journal of Empirical Finance, Vol 35C

  • “Stein’s Overreaction Puzzle: Option Anomaly or Perfectly Rational Behavior?” (2016)
  • T. Lehnert, Y. Lin, N. Martelin
    Journal of Derivatives, Vol 23, No. 3