Finance

Internationally Recognized Real Estate Firm Invests in Students

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David J. Reilly teaches "Real Estate: The Practical Approach."
David J. Reilly, former and now retired CEO of Cornerstone Real Estate Advisers, addresses students in the course, “Real Estate: The Practical Approach.” (UConn School of Business)

$1.4M Gift Gives Students Practical View of Real Estate Industry

An international real estate company is giving $1.4 million to the UConn School of Business’s highly-ranked Real Estate Center to continue offering a popular course that gives students a realistic, hands-on approach to real estate.

The gift from Hartford-based Cornerstone Real Estate Advisers will make the course, “Real Estate: The Practical Approach,” a permanent addition to the Center. Prior to 2015, Cornerstone executives had been teaching the course with UConn faculty on a trial basis for three years.Continue Reading

In Memoriam: Mark P. Coville ’79

Posted on by Claire Hall
Portrait of Mark P. Coville.
Mark P. Coville at the 2013 Hall of Fame (UConn School of Business)

Alumnus Mark P. Coville ’79, a 2013 inductee into the School of Business Hall of Fame who maintained a strong affinity for his alma mater, passed away on Dec. 10, 2015, after a two-year battle with leukemia. He was 58.

Coville was a managing director in BlackRock Inc.’s trading and liquidity strategy group and had a long and successful career in financial services. He graduated from UConn in 1979 with a degree in finance.Continue Reading

Dan Toscano ’87

Posted on by Claire Hall

School of Business Alumnus Chairs UConn Foundation Board; ‘Let’s Be the Best… That’s What it Means to Come to UConn’

When alumnus Dan Toscano ’87 talks about the need for more scholarships to help UConn students, he speaks from the heart.

“I had some very discouraging moments when I was a student here and the tuition was due and I didn’t quite have it pulled together yet,” he recalled during a recent interview. “My wife, Tresa, and I had to fight to get through college financially. I remember those days vividly. I don’t want to see anyone else go through that.”Continue Reading

Reverse Stress Testing

Posted on by Claire Hall

Finance Professor Wins Best Paper Award for Creating Insightful, Novel Method of Risk Assessment

Finance professor Yaacov Kopeliovich and his RiXtrema research team colleagues have won the 2015 Peter L. Bernstein Award for Best Paper for their work titled, “Robust Risk Estimation and Hedging: A Reverse Stress Testing Approach.”

The article originally appeared in the Journal of Derivatives in May 2015. It was selected by a three-person review committee and was chosen from a pool of nominations from 11 top financial journals. The judges looked for an original or new approach to the field or subject of study; surprising and/or insightful results or implications; and both practical and academic relevance.Continue Reading

Finance Professor Earns Fulbright Specialist Award

Posted on by Claire Hall
Portrait of Shantaram 'Shanta' Hegde.
Shantaram ‘Shanta’ Hegde (Melissa Ferrigno/UConn School of Business)

Shantaram Hegde Will Teach, Mentor, Encourage Colleagues in India

One of the most respected and accomplished faculty members in the Finance Department has received a Fulbright Specialist Award to mentor doctoral students and faculty in India.

Professor Shantaram ‘Shanta’ Hegde said he is pleased to have received the Fulbright, which is one of the most competitive, prestigious and selective awards in the world. His assignment is to instruct some 30- to 40- students and faculty on financial research, a field in which he is considered one of the most prolific journal contributors in the United States.Continue Reading

Preventing the Next Global Debt Crisis

Posted on by Claire Hall

Graphic of globe with Charts.

Could Aspects of Corporate Financial Strategies Help Prevent Sovereign Default?

Some key strategies from corporate finance could potentially help prevent governments from spiraling into financial collapse and destabilizing the global economy.

That’s the conclusion of UConn Business Law Professor Stephen Park and co-author Tim Samples, a professor at the University of Georgia, in their research article titled, “Towards Sovereign Equity,” which is pending publication in the Stanford Journal of Law, Business and Finance in 2016.Continue Reading

In It To Win It

Posted on by Claire Hall

Closeup of a football.

Corporate Stadium Sponsors’ Stock Fluctuates With an NFL Team’s Success, Failure

Your favorite NFL team has “skin in the game,’’ but perhaps more surprising is that the large corporations that sponsor the stadiums do too.

Those are the findings of UConn Professor of Finance Assaf Eisdorfer and alumna Elizabeth Kohl, ’15 Ph.D., now a professor at the University of Cincinnati. The two football enthusiasts will have their research published in a future issue of the journal Critical Finance Review.Continue Reading

New Faculty Members

Posted on by Claire Hall

School of Business Welcomes 10 New Professors, Each ‘Well Chosen’

Views of the School of Business on Aug. 29, 2014.
View of UConn School of Business (Sean Flynn/UConn Photo)

During the first faculty meeting of the new semester, Dean John A. Elliott formally welcomed 10 new faculty members to the UConn School of Business.

“The group is a mix of tenure track, in-residence and visiting professors. They range widely in experience, but each is well chosen,” he said. “Our students, our research mission, and our role in advancing the success of our corporate partners, and the state, will all be well served by their engagement.”Continue Reading

Back from the Brink?

Posted on by Melissa Ferrigno

The Greek Debt Crisis and the Eurozone

UConn Today – Eurozone leaders have agreed to an economic bailout for Greece that keeps the debt-ridden nation in the 19-country common currency pact, but only if the Greek government implements a host of deeply unpopular austerity measures, including cuts to public pensions and sales tax increases. The total rescue effort could amount to 87 billion euros in emergency funding over the next three years including an immediate emergency 10 billion euro loan to help Greece keep its fragile banking system afloat and repay loans due this month.