Michael Cliff

Vice President

Michael Cliff

Washington, DC


Ph.D., finance, University of North Carolina at Chapel Hill; B.S., finance, Virginia Tech

Summary of Experience

Dr. Cliff, a financial economist, has extensive experience with sophisticated econometric models and large financial data sets. He has expertise in a range of topics, including asset valuation, derivatives, mergers and acquisitions, stock analysts' recommendations, initial public offerings, mortgage insurance, executive compensation, real estate investment trusts, and hedge funds. His consulting engagements include the evaluation of investment strategies, damages modeling, business and asset valuation, analysis of complex financial structures, analysis of solvency and debt covenants, and 10b-5 cases. In those assignments, he has managed case teams, designed and performed analyses supporting export reports, critiqued opposing expert reports, and assisted with preparation for depositions and trial. Prior to joining Analysis Group, Dr. Cliff was a finance professor for nine years at Purdue University and Virginia Tech. His academic research has been published in leading journals such as the Journal of Finance, Journal of Business, and Financial Management.

Selected Publishing