Mohammad Morovati

Assistant Professor of Economics and Finance

Managing Director


Mohammad Morovati earned his BS.c in electrical engineering from Sharif University of Technology before switching to economics for his higher education. He earned his PhD from University of Texas at Austin in 2013 working on Energy Economics and Finance. He then joined Stanford University as a research fellow where he worked for 3 years. He has been one of the founding members of Tehran Institute for Advanced Studies and has served as its Acting Managing Director since 2017.

Research Interests

  • Energy Economics
  • Finance
  • Ph.D. Economics, University of Texas at Austin, December 2013
  • M.Sc. Economics, University of Texas at Austin, December 2007
  • B.Sc. Electrical Engineering, Sharif University, Tehran, Iran, August 2005
  • Real Options, Financial Constraints and Drilling Rigs Rental Rates,” (with Sheridan Titman), (Job Market Paper), 2013
  • “The Stock Market Reaction of Energy Intensive Industries to Innovations in Expected Natural Gas Prices, 2013
  • “Structural Changes in the Relationship Between Oil Prices and Real Economic Activity,” (with Sheridan Titman and Malcolm Wardlaw) 2010
  • Research Fellow, Stanford University Law School, Dec 2013- Dec 2016
  • Research on implementation of new Islamic Finance Solutions
  • Summer Research Internship, the World Bank Group, (International Finance Corporation), Summer 2011
  • Consultant, the World Bank Group, (International Finance Corporation) Sep 2011-June 2012
  • Team Leader, System Dynamics Market Research, Iran Khodro Car Company, (1 Million+ production annually) 2004-05
  • Lecturer, “Financial Economics”, Sharif University of Technology, Fall 2016
  • Lecturer, “Energy Economics” and “Economics of Petrochemical Industries”, Tehran University, Fall 2016
  • Lecturer, Energy Economics and Valuation, University of Texas at Austin, Fall 2013
  • Research Assistant for Professor John Allison, University of Texas at Austin 2010-Aug 2013
  • Instructor, University of Texas at Austin, Mathematics for Economics, incoming PhD students, Summer 2010
  • Teaching Assistant, University of Texas at Austin
  • Microeconomic Theory , Fall 2005, Summer 2007
  • Macroeconomic Theory, Fall 2007, Spring 2008
  • Business Statistics ,Spring 2006
  • Econometrics ,Spring 2010
  • Probability and Statistics (PhD), Fall 2009
  • Ranked 15th (out of 500,000) in the nationwide University Entrance Exam, Iran, 2001
  • Silver medal, National Physics Olympiad, Iran, 2000