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Ricky (Rick) Cooper Biography

Ricky (Rick) Cooper

Ricky (Rick) Cooper
Assistant Director, M.S. in Finance
Associate Professor of Finance





Main Campus, IIT Tower, 18E3-1
Downtown Campus, Room 449


Ph.D., Vanderbilt University, Finance
M.B.A., Vanderbilt University, Finance
B.S., University of Chicago, Mathematics (with General Honors)


Ricky “Rick” Cooper is Associate Professor of Finance at the Stuart School of Business. Throughout his academic career, Dr. Cooper has taught all aspects of financial theory, investments, and corporate finance at Wayne State University, Harvard University, and Vanderbilt University.

Dr. Cooper began his professional career with State Street Global Advisors in Boston, MA, where he quickly rose from Active International Portfolio Manager, to co-founder of the Enhanced Index Group, to co-founder and Associate Director of the Advanced Research Center.

He then returned to his hometown of Chicago, where he worked as Senior Partner and Director of Analytics for Harris Investment Management. In this role, he modernized the analytic systems, and led the revamping of the models with a commensurate uptick in investment performance. Dr. Cooper also spent several years as Owner and Chief Investment Officer of his own firm. He currently serves as a research consultant and Director of Risk Management for Xambala, Inc.'s proprietary high frequency trading systems.

Dr. Cooper's research has been published in The Journal of Futures Markets, The Financial Analyst's Journal, The Journal of Financial Economics, and several other books and journals. Dr. Cooper has been a speaker at numerous conferences, and has been quoted in both the Wall Street Journal and Crain's Chicago Business.

Research Interests: 

High Frequency Trading
High Frequency Finance