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Lezgin Ay

Title: Assistant Professor

Department: Finance, Insurance, Real Estate and Law

College: College of Business

Curriculum Vitae

Curriculum Vitae Link

Education

  • PhD, Iowa State University, 2022
    Major: Business and Technology
    Specialization: Finance

Current Scheduled Teaching

FINA 4310.001Valuation and Financial DecisionsSpring 2026 Syllabus
FINA 4310.002Valuation and Financial DecisionsSpring 2026 Syllabus
Texas Education Code 51.974 (HB 2504) requires each institution of higher education to make available to the public, a syllabus for undergraduate lecture courses offered for credit by the institution.

Previous Scheduled Teaching

FINA 4310.002Valuation and Financial DecisionsFall 2025 Syllabus SPOT
FINA 4310.003Valuation and Financial DecisionsFall 2025 Syllabus SPOT
FINA 4310.001Valuation and Financial DecisionsSpring 2025 Syllabus SPOT
FINA 4310.002Valuation and Financial DecisionsSpring 2025 Syllabus SPOT
FINA 4310.002Valuation and Financial DecisionsFall 2024 Syllabus SPOT
FINA 4310.003Valuation and Financial DecisionsFall 2024 Syllabus SPOT
FINA 4310.001Valuation and Financial DecisionsSpring 2024 Syllabus SPOT
FINA 4310.002Valuation and Financial DecisionsSpring 2024 Syllabus SPOT
FINA 4310.002Valuation and Financial DecisionsFall 2023 Syllabus SPOT
FINA 4310.003Valuation and Financial DecisionsFall 2023 Syllabus SPOT
FINA 4310.001Valuation and Financial DecisionsSpring 2023 Syllabus SPOT
FINA 4310.002Valuation and Financial DecisionsSpring 2023 Syllabus SPOT
FINA 4310.002Valuation and Financial DecisionsFall 2022 Syllabus SPOT
FINA 4310.003Valuation and Financial DecisionsFall 2022 Syllabus SPOT
Texas Education Code 51.974 (HB 2504) requires each institution of higher education to make available to the public, a syllabus for undergraduate lecture courses offered for credit by the institution.

Published Intellectual Contributions

    Journal Article

  • Akbas, F., Ay, L., Koch, P. (2024). Initial Margin Requirements and Market Efficiency. Journal of Financial and Quantitative Analysis.
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Overall
Summative Rating		 Challenge and
Engagement Index		 Response Rate

out of 5
out of 7		 %
of
students responded
  • Overall Summative Rating (median):
    This rating represents the combined responses of students to the four global summative items and is presented to provide an overall index of the class’s quality. Overall summative statements include the following (response options include a Likert scale ranging from 5 = Excellent, 3 = Good, and 1= Very poor):
    • The course as a whole was
    • The course content was
    • The instructor’s contribution to the course was
    • The instructor’s effectiveness in teaching the subject matter was
  • Challenge and Engagement Index:
    This rating combines student responses to several SPOT items relating to how academically challenging students found the course to be and how engaged they were. Challenge and Engagement Index items include the following (response options include a Likert scale ranging from 7 = Much higher, 4 = Average, and 1 = Much lower):
    • Do you expect your grade in this course to be
    • The intellectual challenge presented was
    • The amount of effort you put into this course was
    • The amount of effort to succeed in this course was
    • Your involvement in course (doing assignments, attending classes, etc.) was
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