Philip Gray is a professor in the Department of Banking and Finance.

Prior to joining Monash in 2011, Philip Gray spent 12 years at the University of Queensland where he held positions as Professor of Finance, Finance Cluster Leader and Director of Research, and 8 years at Queensland University of Technology.

He has broad teaching experience in derivative valuation, risk management, empirical finance, asset pricing and MBA finance and has delivered courses at AGSM, Melbourne Business School, QUT, and the University of Queensland.

Phil's research interests lie in empirical finance and capital markets (e.g., stock market anomalies, risk-based explanation of the cross-section of returns). He also applies quantitative techniques to value derivative securities. His research has been published in journals including the Journal of Futures Markets, the Journal of Banking and Finance, the Journal of Business, Finance and Accounting, the International Review of Finance, the International Journal of Forecasting, the Economic Record, Accounting and Finance and the Australian Journal of Management.