Dr. Elroi Hadad

Dr. Elroi Hadad

Elroi Hadad is a PhD in Finance and Actuarial Science, he is the owner and CEO of a Delaware-based Real Estate consulting firm, and a lecturer in the Industrial Engineering and Management at the SCE- Shamoon College of Engineering

Elroi Hadad graduated from Ben Gurion University of the Negev in 2017 and received his PhD in finance from the Department of Industrial Engineering and Management. His research specialties include Asset Pricing, Risk Management, Pension and Econometrics. He has taught courses in Statistics, Financial Markets, Finance and Economics for undergraduate and graduate levels


Industrial engineering and management
Be'er Sheva

Social Networks



2013-2017 Ph.D. Ben-Gurion University of the Negev (BGU), Industrial Engineering and Management Department.

Dissertation title: The effect of pension reforms on Israeli markets: Investment risk, market efficiency and accounting aspects

Advisers: prof. Ramy Yosef, Prof. Haim Kedar-Levy and Dr. Yisrael Parmet.


2009-2012 M.Sc. Ben-Gurion University of the Negev, Industrial Engineering and Management Department.

Dissertation title: Solving a mixture distribution problem via mixture linear regression – A comparison study of two approaches. Adviser: prof. Haim Shore.


2005-2008 B.Sc. in Industrial Engineering and Management. Ben-Gurion University of the Negev, Israel.


Gur Gershgoren, G, Hadad, E. & Kedar-Levy H. (2019). Deep Market in Israeli Corporate Bonds Market: A Comparative Micro- and Macro-Economic Analysis in light of Economic Aspects, The Economic Quarterly, accepted 2019

Kedar-Levy, H., Hadad, E., & Gur-Gershgoren, G. (2020). Deep-Market by IAS-19: A Unified Cross-Country Approach for Discount Rate Selection. Multinational Finance Journal, 24(3/4), 119-154.

Gur Gershgoren, G., Hadad, E., & Kedar-Levy, H. (2020). A Deep Market in Israeli Corporate Bonds: Macro and Microeconomic Analysis in Light of the Accounting Standards. Israel Economic Review, 18(1), 139-176.


Asset Pricing
Risk Management


Research grant from the research institute of public-trust indice


Introduction to Probability and Statistics
Capital Markets and Risk Management
Management Economics
Computer Applications for Industry and Management


Management member in the Israeli Association of Industrial engineering and Management