• Phone: 617-353-2037
  • E-Mail:  donsmith@bu.edu
  • Website: http://management.bu.edu
  • Office: 522F
  • Office Hours: By Appointment
  • Address: Boston University School of Management
    595 Commonwealth Avenue
    Boston, MA 02215
  • Education Open or Close

    Ph D, University of California at Berkeley, Business Administration with an emphasis in Economic Analysis and Policy, 1982.

    MBA, University of California at Berkeley, Economics Analysis and Policy, 1979.

    BA, San Jose State University, San Jose, CA, Economics (with Great Distinction), 1970.

    Other, University of Uppsala, Uppsala, Sweden, Study Abroad Program, September 1968 - August 1969, 1969.

  • Current CoursesOpen or Close

    GSM FE822 F1 Fixed Income Markets

    SMG FE456 A1 Fixed Income Analysis

  • PublicationsOpen or Close

    Journal Articles:

      Smith, D. J., Adams, J., (2013). Synthetic Floating-Rate Debt: An Example of an Asset-Driven Liability Structure. Journal of Applied Corporate Finance, 25(4), 50-59. Hoboken.


      Smith, D. J., (2013). Valuing Interest Rate Swaps Using Overnight Indexed Swap (OIS) Discounting. The Journal of Derivatives, 20( 4), 49-59. New York.


      Smith, D. J., (2013). Bad Bond Math: An Object Lesson Using Bloomberg's After-Tax Yields on Market Discount Bonds. Journal of Private Wealth Management, 15(Spring 2013), 61-67. New York, NY.


    Book Chapters:

      Smith, D. J., Adams, J., (2013). Introduction to Fixed-Income Valuation (CFA Level One Reading), Charlottesville: CFA Institute, pp 397-466.


      Smith, D. J., Adams, J., (2013). Understanding Fixed-Income Risk and Return, : CFA Institute, pp 469-528.


    Working Papers:

      Smith, D. J., An Introduction of the Valuation of Debt Securities and Interest Rate Derivatives in a World of CVA and DVA.

  • Research PresentationsOpen or Close

    Invited Lectures:

      Smith, D., (Presenter and Author), Risk Seminar on OIS Derivative Discounting: Practical Examples and Future Challenges, An Anecdotal History of Interest Rate Swap Pricing and Valuation, Incisive Media, New York, NY. (November 30, 2012).

  • General ServiceOpen or Close

    Service to the School:

      School of Management, MSIM Program, Faculty Director. (September 2012 - May 2013).
      I was the MSIM Program Faculty Director (interim) through graduation in May 2013. I organized and led the final residence week.


      School of Management, MSIM Program, Faculty Director. (September 2012 - May 2013).
      I was the MSIM Program Faculty Director (interim) through graduation in May 2013. I organized and led the final residence week.


      Boston University, MSIM Program, Faculty Director. (September 1, 2012 - Present).
      Deal with alumni and students during program termination; recruit faculty for remaining courses.


      Boston University, Working Group/Task Force Participation, Member. (January 1, 2012 - May 14, 2012).
      Member of MSIM Program Review Committee


  • Awards and HonorsOpen or Close

    Top Ten Downloads, SSRN, Research. (April 22, 2012).

    My paper, Valuing Interest Rate Swaps Using OIS Discounting was on several Top 10 lists, now has 1,799 downloads since March 2012