Dr. Andrej Bajic

Andrej Bajić is Associate Professor of Finance and Director of Strategic Projects at Luxembourg School of Business. His research focuses on sustainable and carbon finance, including climate transition and climate risk, corporate ESG and carbon disclosure, and the pricing of these risks in capital markets. He also works on financial modeling and valuation.

Andrej holds a PhD in Finance from the University of Duisburg-Essen, awarded magna cum laude in 2024 under the supervision of Prof. Rüdiger Kiesel. He also holds a Master of Finance from Frankfurt School of Finance & Management, with a concentration in capital markets, and a graduate degree in quantitative finance from Zagreb School of Economics and Management.

Before moving fully into academia, Andrej spent around seven and a half years in financial engineering at Deloitte Germany, most recently as Manager. There he worked on the valuation of derivatives, fixed income, asset-backed securities and structured products, as well as on regulatory frameworks such as SFDR, CSRD and PCAF. He has also served as an expert witness on damages calculations and runs a boutique financial modeling firm.

At LSB he teaches Corporate Finance and Valuation and Financial Mathamtics, and he is involved in the school’s strategic initiatives, including the EUonAIR European university alliance.

Research interests: Climate and carbon finance · ESG disclosure · Climate risk · Asset pricing · Financial modeling and valuation · Derivatives