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Mark Liu Headshot
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MSF Faculty
Faculty
Office Number
345J
Phone
859-257-9842
Email
mark.liu@uky.edu

Education

  • Ph.D. in Finance, Boston College, 2004
  • M.S. in Economics, Western University, 1998
  • B.S. in International Economics, Wuhan University, 1994

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Professor Mark H. Liu is an associate professor of finance with tenure and the author of five books: Build a Text-to-Image Generator from Scratch (Manning Publications, 2025); Learn Generative AI with PyTorch (Manning Publications, 2024); AlphaGo Simplified (CRC Press, 2024); Machine Learning; Animated (CRC Press, 2023); Make Python Talk (No Starch Press, 2021). Liu was the founding director of the Master of Science in Finance program at the University of Kentucky. His research interests are machine learning and corporate finance (IPOs, mergers and acquisitions, corporate governance, financial analysts, dividend policy). He obtained his Ph.D. in finance from Boston College. Liu has published his research in top finance journals such as Journal of Financial Economics, Management Science and Journal of Financial and Quantitative Analysis.


Teaching Expertise:

  • Financial Modeling
  • Financial Analytics
  • Corporate Finance
  • International Finance

Research Expertise:

  • Machine Learning
  • Artificial Intelligence
  • IPOs
  • Mergers and Acquisitions
  • Corporate Governance
  • Financial Analysts
  • Dividend Policy
  • Corporate Restructuring

Selected Publications

  • “How to Motivate Fundamental Innovation: Optimal Interactions between Entrepreneurs, Venture Capitalists, and the Government. Management Science” with Onur Bayar, UT San Antonio, and Tom Chemmanur, Boston College. Management Science, 2026, p2284-2306.
  • “Build a Text-to-Image Generator”, 2025, Manning Publications, Shelter Island, New York, USA.
  • “Learn Generative AI with PyTorch”, 2024, Manning Publications, Shelter Island, New York, USA.
  • “Organizational Form and Corporate Payout Policy” with Brad Jordan, University of Kentucky, and Qun Wu, University of Nevada-Reno, Journal of Financial and Quantitative Analysis 2018, p789-813.
  • “A Theory of Carve-Outs and Negative Stub Values under Heterogeneous Beliefs,” with Onur Bayar, UT San Antonio and Tom Chemmanur, Boston College, Journal of Financial Economics 2011, p616-638.