Associate Prof. Jie Ma

On leave to University of Michigan, US

Education and Working Experience

1. Sep, 2001: Ph. D. in Management Science and Engineering,Beihang University,Beijing,China.

2. June 1996: B.sc. in Mechanics Engineering, Beihang University, Beijing, China.

3. Sep, 2001—July, 2002: the Division of RMB exchange rate and market management, Chinese Bureau of State Administration of Foreign Exchange; Supervising daily affairs on foreign exchange and taking part in several policy research programs, including the early research on Mechanism Reform of RMB Exchange Rate.

4. Sep, 2002—Jan 2010: Department of Risk Management, School of Economics and Management, Beihang University; Teaching the undergraduates, graduates and foreign students (in English) and doing some research on Applied Econometrics, as well as Financial Risk Management.

5. Jan, 2010-now: visiting scholar, cooperative research in Ross Business Scholar of UM, US.

Honors

1. March, 2008: honored as “New Star of the Blue Sky in Scientific Research”,Beihang University.

2. April, 2002: the policy research report titled “the economic effect of Yen’s depreciation and our strategy” was submitted to the Chinese Premier and was honored as the “Special Top Dissertation Award” by Chinese Bureau of State Administration of Foreign Exchange.

3. May, 2000: Second Level Award, Management Talent in 21 Century Scholarship,Beihang University .

Academic Research Experience

1. 2009-2011, Project Director: Theoretical and applied research on the quantitative classification of China's national foreign assets to three grades and the dynamic adjustment of structure, supported by NSFC (National Natural Science Foundation of China), NSFC NO: 70803003.

2. 2008-2010, Project Director: During the process of RMB appreciation: Research on the gradual liberalization of the capital account of China , supported by the Social Science Foundation (NO: 07JC790053), Ministry of Education of P.R. China.

3. 2008-2010, Project Director: Research on the dynamic structural adjustment of China’s foreign exchange: A new nonlinear programming model, supported by the Talent Project of Blue Sky, Beihang University (NO: 221241)

4. 2009-2010, Project Director: How to extend the investment channels of the insurance fund and improve the investment efficiency?, supported by the Youth Science Foundation,Beihang University.

5. 2006-2010, Sub-Project Director: The modeling, forecasting and application research on the medium-term development of China’s macroeconomic, the significant project supported by NSFC (NO: 70531010).

6. 2008-2010, Project Director: The teaching reform on course framework of Insurance, supported by School of Economics and Management, Beihang University.

Besides the projects presided by me, I have take part in several other scientific projects supported by the Chinese National Foundation, including NSFC and SSFC, and published more than 25 academic papers.

Publications

1) Jie Ma：Risk Management on Interest Rate and Exchange Rate, Posts & Telecommunications Press, Dec 2006.(Monograph, In Chinese)

2) Man-Ying Bai, Jie Ma, The CVaR Constrained Stochastic Programming ALM Model for Defined Benefit Pension Funds,Int. J. Modelling, Identification and Control, Vol. 8, No. 1, 2009.(In English, journal indexed by EI)

3) Jie Ma, Qiu-di, Zhao,The Research on East Asian Monetary Cooperation: Base on Four-variable Structural VAR Model, Asia-pacific Economic Review, 2009(1), p32-39.(In Chinese, CSSCI)

4) Jie Ma, Cuicui, Wang; Manying, Bai, Modeling on interest rate behavior of RMB: Comparative research based on Vasicek, CIR and CKLS model, Proceedings of the IEEE International Conference on Automation and Logistics, ICAL 2008, Jinan China: p2941-2945.(In English, EI)

5)Jie Ma, Fang Su, Theoretical and Empirical Research on Dynamic Optimization Model of Structural Adjustment of International Reserves, The 3rd International Conference on Natural Computation, August 2007, Haikou, China: p557-561.(In English, EI)

6) Jie Ma, Wu-xian Zhang, Research on the Spillover Effect of Transaction Costs and Speculative Capital on Warrant’s Price, The 9th International Conference on Industrial Management, Osaka, JAPAN, SEP 16-18, 2008: p961-966 (In English, ISTP)

7) Jie Ma, How Can China Perfect Exchange Rate Mechanism and Contain Financial Risk at The Same Time? Atlantis Press (France), Sep 2007, p427-432. (In English, ISTP)

8) Jie Ma, The Availability for a Next Time RMB Appreciation and its Choice of Paths: Based on Basket exchange rate Model, Proceeding of the Eighth International Conference on Industrial Management, Sep 2006, Qingdao, China: p844-852 (In English, ISTP)

9) Jie Ma, Wuxian Zhang, Quantitative Research on Endogenous Growth Controllability of Base Currency: Based on the Balance Sheet of Central Bank, ICIM07, Yamaguchi University, Japan, Dec 2007, p1070-1074. (In English, ISTP)

10) Jie Ma, Chenying Shao, Empirical Research on Capital Account Liberalization and Its Hints to China :Based on Klein Model,Journal of Central University of Finance & Economics, 2007(5), p69-74. (In Chinese, CSSCI)

11) Jie Ma, Wuxian Zhang, Empirical Analysis and Theory Correction of the Risk Model of M&L Central Banks, Journal of Shanxi Finance and Economics University, 2007(4), p109-113. (In Chinese, CSSCI)

12) Jie Ma, Strategetic Thought on How to Develop the Broking Industry of Insurance, Commercial Research, 2006(18), p167-168. (In Chinese)

13) Jie Ma, Tianjun Gu, Intensify the Operation of Foreign Exchange and Adjust its Currency Structure in Time，Market Modernization, 2006(1), p33. (In Chinese)

14) Tianjun Gu, Jie Ma, Analysis on the Performance Evaluation of the Aeronautic Enterprise, Economic Research on the Enterprise Group, 2006(1), p216-217. (In Chinese)

15) Jie Ma, Dong Wang, Problem and Countermeasure Study on the Governance of Insurance Company, Finance and Economics, 2005(5), p55-57. (In Chinese)

16) Jie Ma, Empirical Research on the Decision of RMB Exchange Rate,

Statistics and Decision,2004(11), p31-33. (In Chinese, CSSCI)

17) Jie Ma, Liya Liu, Research on the Effect of Interest Rate’s Change to Exchange Rate, China Money，2002(4), p37-39. (In Chinese)

18) Jie Ma, My Opinion on the Openness of China’s Capital Account, Journal of Beijing University of Aeronautics and Astronautics (Social Sciences Edition), 2002(1), p19-22.(In Chinese)

19)Liya Liu, Ruoen Ren, Jie Ma, Research on a ew Econometric Tool Applied to Non-Staionary Process, Journal of Beijing University of Aeronautics and Astronautics(Social Sciences Edition), 2001(4), p10-13. (In Chinese)

20)Jie Ma, Ruoen Ren, How to play the government’s role in the Process of Enterprise ’s restructure, Enterprise ’s Economy, 2001(6), p91-92. (In Chinese)

21) Jie Ma, Ruoen Ren, Thought on the Situation and Development of the Chinese Stock Market, Contemporary Economic Research, 2001(5), p48-51. (In Chinese, CSSCI)

22) Jie Ma, Ruoen Ren, Peilong Shen, Nonlinear Mathematic Programming Model on the Structural Adjustment of Foreign Exchange, Journal of Information and Controlling, 2001(4), p352-355. (In Chinese, CSCD and indexed by British INSPEC)

23) Jie Ma, Ruoen Ren, The Application of VaR on the Risk Management of Foreign Exchange, Journal of Beijing University of Aeronautics and Astronautics(Social Sciences Edition), 2000(3), p10-14. (In Chinese)

24) Peilong Shen, Ruoen Ren, Jie Ma, Credit Risk Measurement and Control for Commercial Banks in China, Journal of Beijing University of Aeronautics and Astronautics(Social Sciences Edition), 2000(4), p56-60. (In Chinese)

25) Jie Ma, Xiaojun Shi, Inside the House of Money: Top Hedge Fund Traders on Profiting in the Global Markets,China Machine Press, Jan, 2008. (Translator, In Chinese)

26) Ruoen Ren, Xiubin Yu, Yi Zhou, Jie Ma, Insurance Economics, Press of Beijing University of Aeronautics and Astronautics, Feb, 2000. (Textbook, In Chinese)

27) Jie Ma,Research on the Structural Dynamic Selection of Foreign Reserve: Based on DCC—GARCH Model, Journal of Zhongnan University of Economics & Law, May, 2010: p70-75. (In Chinese, CSSCI)

28) Jie Ma, Xin Xin, Jingyu Qian, Research on the Growth Pattern of Foreign Reserve in China: Under the Background of Continuous Trade Surplus, Journal of Management Science, forthcoming. (In Chinese, CSSCI)