Finance

Coveted Class: Financial Services

Posted on by Melissa Ferrigno
Paul Gilson, director and assistant professor of in residence of finance at the Graduate Business Learning Center in Hartford on Aug. 13, 2019. (Peter Morenus/UConn Photo)
Paul Gilson, director and assistant professor of in residence of finance at the Graduate Business Learning Center in Hartford on Aug. 13, 2019. (Peter Morenus/UConn Photo)

The Instructor

Associate professor-in-residence in finance, Paul Gilson grew up in the Thames River town of Gravesend, 20 miles east of London, and earned a degree in mathematics from Bristol University. His plan was always to go on to a Ph.D. “But first,” he says, “I needed a job.” So he went to work in London for KPMG, the global accounting giant. His first day at the office, stock markets around the world collapsed in the Black Monday crash of 1987, still the greatest one-day loss by percentage in Dow history. During the long recovery that followed, KPMG was kept very busy, and Gilson gained extensive experience in mergers and acquisitions, a specialty of his department. “The late 1980s in London,” he says. “It was an exciting time.” Continue Reading

While CT’s reserves rise, Wall Street compensation shrinks

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Hartford Business Journal – While Connecticut’s budget reserve just hit a new high, one of the driving forces behind that accomplishment may be cooling down. According to a recent report from the New York State Comptroller Thomas DiNapoli, compensation on Wall Street was down 6% last year, driven by a 17% drop in bonuses.

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Alum Helps Disruptor ‘Fundbox’ Solve Small Business Cash-Flow Needs

Posted on by Claire Hall

Fundbox Director of Finance Steven Groccia '10 (BUS). (Contributed Photo)
Fundbox Director of Finance Steven Groccia ’10 (BUS). (Contributed Photo)

For many small business owners, the months-long gap between completing a job and getting paid threatens the growth, potential, or even solvency of their firms.Continue Reading

Combat’s Other Toll on Veterans: Increased Risk of Addiction

Posted on by Scott Slater III

UConn Today – In what is described as the first study of its kind, a UConn professor has found that combat service substantially increased the risk of prescription painkiller abuse and illicit heroin use among active-duty American servicemen.

U.S. combat veterans deployed as part of the global war on terror, since 9/11, have an opioid abuse rate that is higher than servicemen who were not deployed to combat zones, the study found.Continue Reading

Married CEOs Are More Committed to Social Issues Than Non-Married Peers

Posted on by Scott Slater III

UConn Today – If a company wants a leader who is committed to corporate social responsibility, it would be wise to hire a married man. Married men in the top leadership jobs typically have greater concern for their employees’ well-being, and are more accepting of diverse employees, than are their non-married peers.

New Finance Chair Yiming Qian Is Among Nation’s Top Researchers

Posted on by Claire Hall

Yiming Qian, pictured above, is the first faculty member to hold an endowed chair in the Finance Department (Nathan Oldham / UConn School of Business).
Yiming Qian, pictured above, is the first faculty member to hold an endowed chair in the Finance Department (Nathan Oldham / UConn School of Business).

Those unfamiliar with the finance discipline sometimes underestimate the tremendous good that analysts and investors bring to the world, said Yiming Qian, who has just joined the faculty as a full professor and holds the new position of Toscano Family Chair in Finance.Continue Reading