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Carl F. Luft

  • Academic Director of the Arditti Center for Risk Management and Associate Professor
  • Department of Finance
  • (312) 362-8428
  • 1 E. Jackson Blvd.
    DePaul Center 5500
    Chicago, IL 60604

Academic Degrees

PhD, Finance, Georgia State University, 1983
MBA, International Business, DePaul University, 1977
BS, Finance, DePaul University, 1975


Carl Luft earned his PhD in finance from Georgia State University in 1983 and is an associate professor of finance at DePaul University. Since 1982, he has taught courses in Risk Management, Derivatives Pricing, International Finance, Investments and Financial Statement Analysis. In October 2011, Luft became the academic director of the Arditti Center for Risk Management at the Driehaus College of Business. Luft was associated with the Chicago Mercantile Exchange from 1987 through 2008 where he taught courses in Money Markets and Futures Pricing, Interest Rate Hedging and Foreign Exchange Trading.

From 1990 to 2000, Luft was the DePaul University program administrator for the Chicago Mercantile Exchange/DePaul University Futures and Options Certificate Program. In 2012, he became the program administrator for the DePaul/Chinese Financial Futures Exchange Program which provided extensive instruction in applied derivatives for executives at the Chinese Financial Futures Exchange. In 2016, Luft accepted an appointment to join the National Introducing Brokers Association's advisory board.

He has also consulted with various Chicago trading firms in matters regarding derivative pricing. Luft has published books and articles on derivative instruments, hedging and alternative investments.