In the News
John M. Wachowicz, Jr. Finance Excellence Fund
Jenny Banner, Finance Department Advisory Council member, and CEO of the Schaad Companies, has established the John M. Wachowicz, Jr. Finance Excellence Endowment. Earnings will be used to support the activities of the Financial Management Association or the Volunteers on Wall Street Program. Jenny recently received the "Alumni Service Award" which recognizes exceptional service or long-term continuing service and leadership to the University of Tennessee. It acknowledges those who have given significant amounts of time, talent or resources to their alma mater. We appreciate Jenny's continued support for Department of Finance activities and programs, and congratulate John on this honor.
Lien Nguyen, John Wachowicz, Jenny Banner and James Schaad at the awards dinner.
DeGennaro Featured in Quest
CBA Professor of Banking and Finance Ray DeGennaro's very interesting research about stock sales was featured as the cover story of the Fall 2009 print version of the Quest Research Magazine, in an article by Bill Dockery. (Excerpted below:)
DeGennaro’s Research Agenda
DeGennaro does not limit his research interests to analyzing the immediacy of volatile markets; his research agenda extends to projects that explore the social dimensions of capital investment.
DeGennaro thinks the risk premium would be an indicator of the confidence—or lack thereof— that investors have in the health of the market or of a particular institution. “The risk premium can be an indication of what investors think the chances are that an institution handling the trade will fail,” he says. “What are the chances of a disruption of payments? Am I going to get paid on time if the institution is gone or swamped with transactions?”
He expects that an examination of the financial transactions of the 2008 period would reveal the existence of the risk premium as an unarticulated cost of the market’s volatility. “If we had been watching the uptick in the risk premium in the summer of 2008, it might have alerted us early on that investors thought the markets were fragile.”
FMA New York Trip
The student Financial Management Association took its annual trip to New York in October accompanied by FMA faculty sponsor Suzan Murphy, and the Investment Learning Center director Laura Cole. The group visited the financial district and met with Ace Greenberg in his office. They took in the NYSE and the New York Mercantile Exchange. The group is grateful to Sharon Pryse, President, The Trust Company of Knoxville, for sponsoring lunch for them while on the NY trip.
Posing with the Bull on Wall Street in New York
Visiting with Ace Greenberg at his office in Manhattan
The New York Mercantile Exchange
Innovative Leadership in Management Education and Practice
Upcoming Events
NOVEMBER
Jim Ayres, FirstBank founder and chairman, will speak to a finance class and iinvited students about the "Secrets of a Real Entrepreneur" in Haslam Business Building on November 16.
Brown Bag Lunch Seminars
MAY
Study Abroad in Dublin, Edinburgh, and Glasgow
May 11 - May 29
Business Administration 400: Management and Finance Practices
- Study and compare practices across industries in the United States, Ireland, and Scotland
- Focus on finance (banking) and the beverage industry
- A combination of lectures, case studies, and company tours will provide students with an understanding of how to best manage across different cultures
Course Instructors:
Dr. Russell Crook, trc@tennessee.edu
Dr. Larry Fauver, lafauver@tennessee.edu
For more information about how to apply, click here.
Contact Us
Department of Finance
College of Business Administration
427 Stokely Management Center
916 Volunteer Blvd
Knoxville, Tennessee 37996-0540
Phone: 865-974-3216
Fax: 865-974-1716
E-Mail: finrev@utk.edu
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