Manfred Frühwirth

Manfred Frühwirth is Associate Professor at the Department of Finance, Accounting and Statistics at Vienna University of Economics and Business (WU Wien) and permanent member of WU Executive Academy faculty. He has held academic leadership roles including Academic Director of Professional MBA programs (2011-2019) and Vice Head of institutes at WU Wien (2004-2005, 2008-2010). As visiting professor, he has taught at Harvard University (2005/2006), Bordeaux Business School (2003-2005), ETH Zurich, Bocconi University, and other institutions across Europe and USA.

His research focuses on Bond Pricing (yield computation, duration, credit risk), Corporate Finance (capital structure, real options, equity tax shields), Accounting (tax strategies, earnings management), and Behavioral Finance (prospect theory, cognitive biases, weather/mood effects on markets). Recent publications explore behavioral corporate finance, investor biases, and psychological market dynamics.

• Stephan Koren Prize for best Ph.D. thesis (2000)
• Capital Market Award for Research (2009)
• Multiple teaching awards from WU Wien (2009, 2011, 2014, 2018)

He has consulted in Austria and Switzerland on business valuation and commodity price modeling, while maintaining editorial roles (Investment Management and Financial Innovations) and reviewing activities for journals/conferences. His teaching spans fixed income valuation, financial management, and behavioral finance across international programs including CEMS, JOSZEF, and GEWINN magazine's behavioral finance series (2018-present).