Vincent Kaminski is a professor at Rice University's Jesse H Jones Graduate School of Business in Houston, where he teaches MBA-level classes on energy markets, energy risk management and valuation of energy derivatives. Before entering academia in 2006, he spent 14 years working in different positions related to quantitative analysis and risk management in the energy markets. The companies he worked for include Citigroup, Sempra Energy Trading, Reliant Energy, Citadel Investment Group and Enron (from 1992 to 2002) where he was the head of the quantitative modelling group. Earlier, Kaminski worked in the research department at Salomon Brothers in New York (from 1986 to 1992).
Kaminski holds an MS in international economics, a PhD in theoretical economics from the Main School of Planning and Statistics in Warsaw, Poland, and an MBA from Fordham University in New York. He is a recipient of the 1999 James H McGraw award for Energy Risk Management (Energy Risk Manager of the Year). Kaminski has published a number of papers and contributed to several books on the energy markets.
Professor Vince Kaminski analyses Nasdaq and PJM defaults
With regulatory change in the air, market participants must be more aware of the situations those with legislative responsibility find themselves in
Allowing seemingly irrelevant problems to fester can lead to catastrophe
Complex, long-term supply deals present job opportunity for risk managers
US ethanol credits debacle highlights problems with fiat markets
Amateur astronomers’ discovery shows value of humans over algorithms
Casting doubt on science is an unwise risk management strategy
A mathematician’s insight during World War II can help guide risk managers today
From natural gas scandal of 2000s to Libor-rigging, troubling patterns persist
Human failings can subvert well-intentioned efforts to avoid disaster
Financial crisis and shale revolution show nothing is certain - Kaminski
Industry leader Vincent Kaminski discusses the challenges faced by energy markets and his new book, Managing Energy Price Risk, 4th Edition.