Dr. Shahid Hamid is Professor of Finance and Chair of the Finance department in the College of Business at Florida International University. He also serves as the Director of the Laboratory for Insurance, Financial and Economic Research located in the International Hurricane Research Center at FIU, and is the Director of an entrepreneurial venture for FIU, and past Director of the MS in Finance program. He has conducted research on a wide variety of topics including hurricane loss modeling, homeowner insurance, international stock markets, corporate financial policies, commercial banking, interest rate risk, derivatives, financial crisis, portfolio performance, central bank policy, technological change, mergers and acquisitions, free trade agreements, and securities class action lawsuits. His recent research work has focused on the insurance and financial consequences of hurricanes. Professor Hamid has received 39 research grants for over $19 million. As the Principal Investigator and project manager for about 18 years he assembled and led a multi-disciplinary team of two dozen current and past professors and experts and about seventy five students in the project to develop the Florida Public Hurricane Loss Model for wind loss and flood loss. The model has been used about 1,000 times by the state of Florida to evaluate rate filings and conduct stress tests on insurance companies. He is also director of an entrepreneurial venture for FIU Research Foundation that provides hurricane loss modeling service to about thirty client companies in the private sector. Outside of research, Professor Hamid has conducted seminars for executives, served as occasional consultant, and participated and testified in legislative and public hearings. He has been interviewed frequently on professional topics by the print and TV news media.
Dr. Hamid has produced over 180 refereed academic journal papers, proceedings, book chapters, conference presentations, and technical reports. He secured his Ph.D. degree from the University of Maryland in 1988 and the Chartered Financial Analyst charter in 2001 from the CFA Institute. Professor Hamid has provided extensive professional service and served as reviewer for many academic journals and conferences. Dr. Hamid was appointed to the Florida Commission on Hurricane Loss Projection Methodology and has served as technical advisor to the Academic Task force on Hurricane Catastrophe Insurance. He has been member of about 21 university and college committees and is a leader in the faculty governance of curriculum having served as chair of university curriculum committee, chair of COB graduate curriculum committee, chair of COB research committee, member of university faculty senate, and member of university graduate council. Dr. Hamid has taught over a dozen different bachelor, masters, and doctoral courses, and created and administered as director the very successful accelerated Master of Science in Finance program. He has received 17 teaching awards and 5 research awards including the FIU outstanding research and outstanding teaching and top scholar awards.