Fox Finance Professor, Kose John recently presented a keynote speech on his paper “Bank Capital Regulation: An Academic Perspective,” at the European Finance and Banking Conference, held September 1-2, 2016 in Bologna, Italy. The conference was organized by Temple University and the Journal of Economics and Business.
His speech was a refreshing call to arms to address and solve the overarching issue of capital level that is optimal for the banking system. “Though controversial, my paper generated excitement and discussion between scholars,” said John.
Banking and finance scholars from several other countries presented papers on corporate finance, corporate governance, regulatory compliance and banking to conference attendees. Professor Anthony Saunders from New York University, gave the second keynote speech on the difference between the loan spreads in the United States and in Europe.
Papers from the conference will be published in a special issue of the Journal of Economics and Business in 2017.
Dr. Francesca Brusa joins the Fox School as an Assistant Professor of Finance.
Her research interests are in the areas of asset pricing and international finance. Her current work focuses on the pricing of currencies across the world, and on the determinants of human capital returns in the United States.
She earned her PhD in financial economics and Master of Philosophy degree in economics from the University of Oxford in the United Kingdom. She received a Master of Science degree in economics and a Bachelor of Arts degree in economics from Bocconi University in Italy.
Professor of Practice
Dr. Peter Chinloy joins the Fox School as a Professor of Real Estate in the Finance department. Most recently, he served as a Professor in the department of Finance and Real Estate at American University. At Fox, he also will serve as the Director of Real Estate programs and the to-be-established Real Estate Center.
His area of expertise includes real estate equity and debt pricing, mortgage option structure, managerial economics, real estate finance, and real estate development. More specifically, his interest centers on how real estate works to provide housing, business space, and a livelihood for many individuals. He has published numerous articles in quality refereed journals, including theJournal of Real Estate Finance and Economics, the European Financial Review, and the Journal of Housing Research, among others. Dr. Chinloy presently serves on the editorial boards of Real Estate Economics, the Journal of Real Estate Finance and Economics, the Journal of Real Estate Research, and the Journal of Housing Research.
He earned his PhD in economics and Master of Arts degree in economics from Harvard University. He attained his Bachelor of Commerce degree in business administration, accounting, and economics from Canada’s McGill University.
Associate Professor of Practice
Dr. Sherry Jarrell joins the Fox School as an Associate Professor of Finance in the Department of Finance.
Dr. Jarrell most recently served as an associate professor of finance and economics at Wake Forest University, where she was the director of the undergraduate program in finance from 2011-2015. At Indiana University, she held a tenure track appointment as assistant professor, where she received an outstanding teaching award. She has served as a visiting professor at Georgia State University, Emory University, and Columbia University.
She earned her PhD in finance and economics from the University of Chicago, where she also attained her Master of Business Administration degree in finance and economics, with a specialization in industrial organization and regulatory economics. She received a Bachelor of Science degree in economics from the University of Delaware.
Research Assistant Professor
Prof. Mahsa Kaviani joins the Fox School as a Research Assistant Professor of Finance from Canada’s Concordia University.
Prof. Kaviani has served as a visiting scholar New York University’s Stern School of Business since 2015. Her research interests span corporate finance, banking, law and finance, financial market development, and corporate governance.
She is currently completing her PhD in Finance from Concordia University, in a joint doctoral program with Canada’s McGill, HEC, and UQAM Universities. She also attained her Master of Arts degree in economics from McGill, her Master of Business Administration degree in finance from Iran’s Mazandaran University of Science and Technology, and her Bachelor of Science degree in materials engineering from Iran’s Chamran University.
Research Assistant Professor
Hosein Maleki joins the Fox School as a Research Assistant Professor of Finance from Canada’s Concordia University.
Prof. Maleki has held the position of visiting scholar at New York University’s Stern School of Business since 2015. His research interests include corporate finance, capital structure, fixed income securities, international finance, and political economy of finance.
He is currently finishing his PhD in Finance from Concordia University, in a joint doctoral program with Canada’s McGill, HEC, and UQAM Universities. He also received his Master of Arts degree in economics from McGill, his Master of Business Administration degree in finance from Iran’s Mazandaran University of Science and Technology, and his Bachelor of Science degree in materials engineering from Iran’s Chamran University.
The Department of Finance’s Financial Management Association (FMA) student professional organization has appointed a new president — junior Ryan Rist.
Rist, a Finance major at the Fox School of Business, always loved mathematics and he knew that Fox could help him achieve his goals and prepare him to excel in any environment.
While in high school, Rist’s passion for entrepreneurship manifested in the launch of a landscaping business, and his Rist Custom Coasters. While he invested some of his own savings, he also launched a Kickstarter campaign and sold 350 custom drink coasters to backers in 15 countries including Japan, Germany, and Saudi Arabia.
As FMA’s president, Rist is excited to introduce the new Women in Finance Mentorship program, which will connect current Temple University students with successful women in the financial world. FMA encourages all students to get involved within the Department of Finance’s many student professional organizations like FMA, The Owl Fund and Temple University Investment Association (TUIA).
As evidenced by his many leadership accomplishments, Rist values the importance of maximizing his opportunities as a student at the Fox School. This fall, Rist is set to join the Owl Fund as an Associate Analyst in the healthcare sector, while also serving as a resident advisor to one of the University’s Living Learning Communities.
Over the summer, Rist completed an internship with Prudential Financial in its U.S. Business Planning and Analysis division, in which he helps forecast trends in asset management, annuities, and retirement.
The Department of Finance’s Deputy Chair, Professor Jonathan Scott joined The Washington Center’s academic seminar for the Democratic National Convention (DNC) on July 21, 2016 where approximately 150 undergraduate students from around the country participate in a two-week seminar series.
Scott spoke to the students about the many economic policy debates of this year’s monumental presidential election and their importance, as well as the challenges that the next president will face in promoting stability and oversight of financial markets.
“It is important that in this critical election, our young voters, most of whom will be first-time voters, are educated and informed about the economic policies of each party and candidate,” said Scott.
After the lecture, Scott took time to answer questions from the students about finance, financial market and the election cycle. Scott added “I was pleased to see the students so engaged and invested in their futures.”
Jason DeFazio, Vice President of the Valuation Research Corporation (VRC), embarked on his journey at Temple University’s Fox School of Business in 2004, later graduating summa cum laude with a B.B.A. in Finance and Entrepreneurship. While at Temple University he co-founded of The William C. Dunkelberg Owl Fund, which is the Department of Finance’s premier student-managed investment fund.
“My finance degree from Temple provided me with the foundation to launch a successful career in finance. Not only the traditional classroom education, but the wonderful extracurricular activities associated with the Fox School, including the Owl Fund and Temple University Investment Association, were fundamental in my professional development and understanding of the global markets and financial jargon,” said DeFazio.
The Owl Fund and his Finance degree helped DeFazio acquire jobs with Citigroup, Comcast and eventually VRC, giving him experience in a variety of positions. As a vital part of the portfolio valuation group, DeFazio specializes in assessing value of complex securities. This includes privately-held debt securities, convertible preferred equity securities, CLO equity securities, and business enterprises for tax and financial reporting purposes.
“I lean heavily on the skills I obtained at Temple, particularly in the Owl Fund, every day in my career in valuation financial services,” said DeFazio.
To learn more about Valuation Research Corporation, please click here.
Finance Alumnus Kevin Machiz was one of four of panelists asked to present at a seminar about emerging markets investment during the International Monetary Fund (IMF) and World Bank Spring Meetings this year. The panel on emerging markets investment covered a variety of subjects including emerging market performance and trends in asset allocation styles.
Each year, IMF and the World Bank Group bring together central bankers, ministers of finance and development, private sector executives, and academics to discuss issues of global concern, including the refugee crisis, gender gaps in labor markets, and how to achieve durable development despite hard times. This year’s event offered distinguished speakers from Queen Rania and Ban Ki-moon to Michelle Obama and Bill Gates.
Machiz, while at Temple University, studied Finance and International Business Administration earning his BBA in 2011. Currently, Machiz is the Vice President of Callan Associates, where he works as a fixed income investment consultant in San Francisco Bay area.
Please click here for more information regarding the IMF and World Bank Group Meetings.
The Fox School of Business at Temple University will introduce two new undergraduate majors for the 2015-16 academic year: Supply Chain Management and Financial Planning.
In all, the Fox School offers students a choice of 15 undergraduate majors.
“The additions of Supply Chain Management and Financial Planning as majors further bolster the Fox School’s reputation as not only the most comprehensive business school in the Philadelphia region, but one of the most comprehensive in the nation,” said Dr. M. Moshe Porat, Dean of the Fox School of Business. “Employers and industry partners agree that these concentrations are regarded as emerging fields wherein professionals are in great demand, and Fox has the renowned faculty to support such programs.”
The new majors are available to all students. Students entering their junior and senior years can declare for either of the majors and still remain on four-year academic plans. Interested juniors and seniors are encouraged to meet with a Fox School advisor to discuss their academic options.
The Supply Chain Management major will prepare students to operate and lead major aspects of the supply system in both established and start-up firms. Fox’s Marketing and Supply Chain Management department will oversee the program, which will ready students for careers in the interconnected chain of suppliers, manufacturers, warehouses and distribution centers, transportation-providers, retailers.
“Businesses today operate on a global scale,” said Dr. Neha Mittal, Assistant Professor and Academic Director of the undergraduate Supply Chain Management program. “For example, it’s very common for a company to have its sourcing in South America, manufacturing in China, and sales of its products to markets in Europe or North America. We’re talking about huge, complex supply chains here, which have fueled the need for supply chain management professionals to manage the flows between the different parties.”
The Financial Planning major will prepare students for careers in the growing field bearing the same name, which takes a holistic approach to working with clients in order to enable them to identify and attain lifestyle and retirement goals. Students who complete the Financial Planning curriculum are eligible to sit for the Certified Financial Planner (CFP) examination upon graduation – a unique feature of the program.
Fox’s Finance department will oversee the program, and will draw upon the expertise of faculty in Fox’s Legal Studies and Risk, Insurance and Healthcare Management departments, as well, said Cynthia Axelrod, Assistant Professor and Financial Planning Program Director.
“Within the next 20 years, 10,000 baby boomers will retire every day. This will produce a tremendous intergenerational wealth transfer, for which there won’t be nearly enough advisors to take on the burgeoning growth of clients and client assets,” Axelrod said.
“Further, retirement planning now resides with employees, not employers. Individuals need help with retirement planning and investments. A financial planner brings objectivity to the process, and helps their client to develop a successful roadmap to attain their financial goals. A career in financial planning is very rewarding, allowing an individual to combine their investment skills and people skills, with excellent economic potential. All of this will lead to strong prospects for our students majoring in Financial Planning.”