Professor Wilhelm is an investment banking specialist. He has taught a wide range of courses, including investments, derivatives, financial institutions, investment banking, and the organizational design of financial services firms. His current teaching focuses on morality and ethics in competitive market settings, for which he has developed a new course titled Finance and Society.
His research focuses on the investment banking industry, and he has written extensively on how economic and (extra-) legal functions of investment banks have evolved through time in response to changes in their operating environment. His work has been published in academic, policy, and practitioner journals, including American Economic Review; The Journal of Finance; Journal of Financial Economics; The Review of Financial Studies; Business Ethics Quarterly; Oxford Review of Economic Policy; and Journal of Applied Corporate Finance. His first book, Information Markets (Harvard Business School Press, 2001), explains how advances in information technology transform financial markets. Professor Wilhelm’s second book, Investment Banking: Institutions, Politics, and Law (Oxford University Press, 2007), is an economic history of the investment banking industry.
Professor Wilhelm began his academic career in 1988 at the Wallace E. Carroll School of Management at Boston College. Before joining McIntire, Professor Wilhelm held the American Standard Companies Chair in Management Studies at the Saïd Business School and was a Professorial Fellow of St Edmund Hall, University of Oxford, where he began serving as a Visiting Fellow in 1998. Professor Wilhelm also has held visiting appointments at the Institut d’Economie Industrielle (IDEI) in Toulouse, France, and at the Federal Home Loan Mortgage Corporation. He has worked as a consultant for the Resolution Trust Corporation, Dresdner Securities, London Economics, and Oxford Economic Research Associates and in executive education for the ING Group