Reyhaneh
Ashrafi
ریحانه اشرفی
Where finance meets evidence. I study derivatives, asset pricing and banks, and I like it when every number can be checked.
- Studying
- B.Sc. Financial Management, 2027
- University
- Allameh Tabataba’i, Tehran
- GPA
- 18.0 out of 20
- Long-term goal
- Doctoral research in finance
About
I work somewhere between pricing models, bank statements and market data, and I want every conclusion to rest on something I can show.
I’m a financial management student at Allameh Tabataba’i University, building an empirical research focus in derivatives, financial markets and bank analysis.
I have assisted in teaching two courses, organised academic seminars, and co-written a working paper that is now under peer review. The long-term plan is doctoral research in finance.
دانشجوی مدیریت مالی در دانشگاه علامه طباطبائی هستم و روی مشتقات مالی، قیمتگذاری دارایی و تحلیل بانکها کار میکنم. هدف بلندمدتم پژوهش دکتری در مالی است.
Hear it from me
A one-minute introduction: who I am, what I study and where I’m heading.
The video will appear here.
Research
The questions I keep returning to.
- Financial derivatives
- Asset pricing
- Financial econometrics
- Banking and financial markets
- Risk management
- Disclosure and valuation
Pricing Derivative Instruments in the Iranian Capital Market: A Review of Concepts and Challenges
Co-authored with Reza Khalili, PhD candidate in Accounting. I carried out the literature review, helped shape the key definitions and themes of derivative pricing, and organised the sources and references.
Selected projects
Built from real market data and public disclosures. Open one to read more.
Risk assessment of Refah Kargaran BankAugust 2026
- Structured 100+ data items from the 2024 financial statements and calculated 55+ ratios: profitability, liquidity, capital adequacy, asset quality, credit risk and foreign-currency exposure.
- Checked the results against the bank’s own reported indicators and assessed its risk profile in Excel.
Gold futures and the cost-of-carry modelMay 2026
- Applied the model to real XAU/USD market data to calculate theoretical futures prices.
- Compared theory with market conditions in structured Excel workbooks.
Option strategies on Apple stockJuly 2026
- Analysed real AAPL contracts from Yahoo Finance across long and short calls and puts.
- Built profit calculations and compared risk and return under different stock-price scenarios.
Lotus Parsian Investment BankMay–June 2026
- Examined performance, capital structure, investment funds and risk from audited statements and regulatory disclosures.
- Benchmarked the bank against nine market participants and ran a P/E-based industry valuation.
Denmark: bank-based or market-based?June–July 2026
- Used World Bank, IMF, OECD and Danmarks Nationalbank data to weigh the roles of banks and capital markets in Denmark’s financial system.
AI in insurance: Germany and SwitzerlandAugust 2026
- Independent research supervised by Dr. Saeed Sehat. A comparison of AI and generative AI adoption across European insurers: uses, risks, governance and regulation.
- Drew on EIOPA, BaFin and FINMA publications, with case studies of Allianz, ERGO, Zurich and Baloise.
Experience
Teaching, organising and keeping things running.
Allameh Tabataba’i University
Teaching assistant
Specialized Financial Texts I and II, each with about 36 undergraduates, under Dr Mohammad Mehdi Bahruloloom. Lecture support, classroom facilitation, teaching materials, attendance and grading.
Finance & Banking Scientific Association
Vice secretary
Organised seminars and workshops, worked with invited speakers, secured university funding and divided the budget across catering, prizes, banners and promotion.
Office of Skill Development
Student project and operations assistant
Coordinated student projects and communications, kept documentation, and managed and analysed data in Excel.
Education
Allameh Tabataba’i University, Tehran. Expected graduation 2027.
Coursework
Mathematics and Statistics in Financial Management, Operations Research I–II, Financial Engineering, Investment Management, Financial Management I–II, Money and Financial Institutions, Banking and Bank Management, AI and Machine Learning in Finance. In progress: Financial Econometrics and Research Methods in Management.
Certifications
- Advanced Microsoft Excel, Allameh Tabataba’i University
- Financial Management and Financial Ratio Analysis, Maktabkhooneh
- Financial and Economic Analysis of Projects, Maktabkhooneh
- Microsoft Access, Maktabkhooneh
Toolkit
What I use to get from raw data to a conclusion.
Persian (native) · English (C1, preparing for TOEFL) · Azerbaijani Turkish (proficient) · Italian (A2)
Contact
Open to research collaborations and conversations about derivatives, banks and markets.