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Sunti Tirapat

สันติ ถิรพัฒน์
Associate Professor

Joined : Jan/1985
Email :

Areas of Interest

Investment, Risk Management


  • Doctor of Philosophy, Finance, University of Wisconsin-Madison, U.S.A., 1993
  • Master of Business Administration , Finance , University of Wisconsin-Madison, U.S.A. , 1990
  • Master of Science , Finance , University of Wisconsin-Madison, U.S.A. , 1983
  • Bachelor of Accountancy (First Class Honor) , Banking and Finance , Chulalongkorn University, 1981

Employment History

  • Lecturer in Finance, Faculty of Commerce and Accountancy, Chulalongkorn University, 1985 - Present
  • Policy and Planning Analyst, National Finance and Social Development Board, 1983 - 1984
  • Credit Analyst, National Finance and Securities Company, 1981 - 1982

Refereed Publications

  • Economics Letters, 2017, 151, 96 - 99, "What Happens When We Forget? The Effect of Removing Adverse Information on Access to Credit": Kanis Saengchote (with Sunti Tirapat)
  • Journal of Banking and Finance, 2012, 36, 489-496, "Portfolio Selection with Qualitative Input": Anant Chiarawongse, Sunti Tirapat (with Kiatsupaibul S. and Roy B.V.)
  • Expert Systems with Applications, 2009, 36, 8523-8527, "Marketing the Close Analysis in Thai Bond Market Surveillance Using Association Rules": C.Mongkonavin and S.Tirapat
  • Journal of Fixed Income, 2008, Vol.18 No.1, 86-99, "On Pricing CDO’s with Meixner Distributions": Nimmanunta, K., Chiarawongse, A., Tirapat, S.

Other Publications

  • Pacific-Basin Finance Journal, 2013, 21, 1046-1061, "Opportunistic Insider Trading": Sunti Tirapat (with Visaltanachoti N.)

Working Papers

  • "Bayesian Portfolio Selection with Linear Inequalities View": Chiarawongse, A., S.Kiatsupaibul, S. Tirapat, and B. Van Roy
  • "Corporate Cash Holdings, Earnings Management and Corporate Governance: Evidence from Thailand": Eamsherangkoon, S. and S. Tirapat
  • "Corporate Diversification and Governance in Thailand": Poonsin, T. and S. Tirapat
  • "Founding CEOs, Firms' Performance, and Investment: Evidence from Thailand": Tirapat, S
  • "Who Benefit from Analyst Recommendation: Evidence from Thailand": Chareonwong, C., S. Tirapat, and R. Wermers


Number Name
2600618 Seminar in Corporate Gevernance and Risk Management
2604643 Derivatives and Risk Management
2604650 Advanced Risk Management
2604665 Portfolio Performance Evaluation and Attribution
2604669 Selected Topics in Risk Management
2604925 Selected Topics in Financial Risk Management