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Michael Gorham Biography

Michael Gorham

Michael Gorham
Industry Professor of Finance
Director, Center for Financial Innovation





Main Campus, IIT Tower, 18E3-2
Downtown Campus, Room 456


Ph.D., University of Wisconsin, Agricultural Economics
M.S., University of Florida, Agricultural Economics and Food and Resource Economics
B.A., University of Notre Dame


Michael Gorham is Industry Professor at IIT Stuart School of Business and Director of the IIT Stuart Center for Financial Innovation at Illinois Institute of Technology. He currently serves on the board of directors for the CBOE Futures Exchange in Chicago, and also serves on the business conduct committees of the Chicago Mercantile Exchange, the editorial boards of the GARP Risk Review and of Futures Industry, and the Federal Reserve Bank of Chicago Working Group.

He is co-author of two books; India's Financial Markets: An Insider's Guide (July 2008) and Electronic Exchanges: The Global Transformation from Pits to Bits (May 2009), both published by Elsevier. These two books are part of a larger series on financial markets, of which Dr. Gorham was editor.

Prior to his academic career, Dr. Gorham served as the first director of the Commodity Futures Trading Commission's new Division of Market Oversight, a division of 100 economists, lawyers, futures trading specialists and others dedicated to the oversight of the nation's 12 futures exchanges. He started his career as an economist at the Federal Reserve Bank of San Francisco and then spent a decade and a half at the Chicago Mercantile Exchange as VP of Commodity Research and of International Market Development. He has worked as an international consultant in financial markets and derivatives, working with exchanges, regulators and firms in the U.S., Asia, the Middle East, and Latin America.

Dr. Gorham has written over 50 articles for newspapers, journals and magazines in Argentina, China, Japan, Mexico and the U.S. on a wide range of business and financial issues. He has given talks on derivatives in Argentina, Brazil, Canada, China, Colombia, Egypt, England, France, India, Italy, Malaysia, Mexico, and South Africa. In 2011, he completed the Improv Training Program at Second City.

Research Interests: 

International Financial Markets