Dr Rand Low
Rand Low
Honorary Fellow
  • PhD, Finance (The University of Queensland)
  • DipProjMgt (High Distinction), Project Management (University of New England)
  • BEng (1st Honours), Mechatronics (University of Melbourne)
  • BCs, Computer Science (University of Melbourne)
Ph: 
+61 7 3346 8100
UQ Business School

    Dr. Rand Low is an UQBS Honorary Fellow, and is currently based in Wall St, Manhattan, New York City.

    Rand has undergraduate double-degrees in a Bachelors of Engineering (Mechatronics) and Bachelors of Computer Science at the University of Melbourne. He achieved a 1st class honours and received a Final Year Projects - Meridian Award in ‘Design & Implementation’. Rand also received a Faculty of Engineering and Melbourne Abroad Scholarships where he spent a year in Canada at McGill University and the University of British Columbia.

    Rand’s work experience includes being an engineer and project manager for Honeywell, a major US engineering & technology conglomerate. Rand was responsible for the delivery and successful implementation of cutting-edge security systems, environmental control systems, and building management interfaces in iconic projects across Brisbane and Queensland. Rand achieved Chartered Professional Engineer (CPEng) and holds a Lean Six Sigma Green belt qualification. He received an Asia-Pacific Technical Excellence Champion award for optimizing engineering design processes.

    During his PhD candidature, Rand has made over 25 presentations on his research on portfolio optimization and correlation modelling at academic conferences, university workshops, hedge funds, proprietary trading firms in the US, UK, Europe, and Australia. He has received ‘Best Paper in Finance’ at the 4th IAFDS conference, UQ 3MT BEL Faculty & People’s choice winner, and GSITA grant that supported him as a Visiting Scholar at the University of Strathclyde in Glasgow, UK in 2011.

    Rand received a 3-year postdoctoral research grant from the University of Queensland graduate school and pursued his interests in investigating techniques for minimizing investment risk during financial crises. He received an Australia Award - Endeavour Fellowship and continued his postdoctoral research at New York University - Stern School of Business. As an academic mentor, he also led UQ's undergraduate CFA team to an national #2 position in Australia in both 2014 and 2015.

    Rand is currently based in New York with one of the largest US-based Global Systemically Important Banks (G-SIB) and continues to be affiliated to the UQ Business School as an Honorary Fellow. He aspires to bring his Wall St experience back to Australia, and to engage with both postgraduate and undergraduate students of the unlimited possibilities of a UQ education. Rand is a UQ BEL Faculty Alumni Ambassador and is happy to meet with prospective, current and UQ alumni in NYC. Rand has also worked and published with academics in research areas of interest to the banking industry.

    Research interests

    Correlation (dependence) modelling of financial time series with copulas and vine copulas.
    Available for PhD, Masters, Honours supervision
    Evaluation and back-testing of portfolio optimization, risk management, and risk-parity investment strategies.
    Available for PhD, Masters, Honours supervision
    Evaluation of financial systemic risk in hedge funds, banks, and commodities.
    Available for PhD, Masters, Honours supervision
    Insulating investment portfolios from downside exposure.
    Available for PhD, Masters, Honours supervision
    ‘Big Data’ analysis to generate alpha signals and trading opportunities.
    Available for PhD, Masters, Honours supervision

    Publications

    View full publications list

    Memberships

    • Chartered Professional Engineer (CPEng)
    • Institution of Engineers Australia (IEAust)
    • National Professional Engineers Register (NPER)
    • Greenstar Accredited Professional (GSAP)

    Distinctions

    2013 Dean’s Award for research Higher Degree Excellence
    2012 UQBS Research Higher Degree Top-up Scholarship.
    2012 Visiting PhD Scholar at the University of Strathclyde, Glasgow, UK.
    2012 UQBS PhD Finance Cluster delegate for Universitas 21 Inaugural Doctoral Research Conference in Business (U21 DRCB) at the University of Connecticut, Hartford, USA.
    2011 ‘Best paper in Finance’ at the 4th International Accounting & Finance Doctoral Symposium (IAFDS), Salamanca, Spain.
    2011 3MT Presentation Winner & People’s Choice Award (UQ Faculty of Business, Economics & Law).
    2009 Australian Postgraduate Award Industry Scholarship (APAI).
    2009 Six Sigma Plus (Greenbelt certified).
    2005 Recipient of Uni. of Melbourne Meridian Final Year Projects Award in ‘Design & Implementation’.
    2004 Melbourne Abroad Scholarship.
    2004 Melbourne Abroad, Faculty of Engineering Scholarship.

    Major research grants

    Title Agency Year Amount
    Endeavour Research Fellowship (New York University – Stern School of Business) Australian Government, Department of Education and Training 2015-2016 $24,500
    AIBE Research Scholar Australian Institute of Business and Economics (AIBE) 2015 $5,000
    Portfolio optimization & risk management techniques for financial crises UQ Postdoctoral Research Fellowship 2014-2016 $288,000
    The role of risk-adjusted returns metrics in retirement choices. AFAANZ 2014-2015 $4,794
    Visiting PhD Scholar (UK, Europe, USA) Graduate School International Travel Award 2012 $5,000