Professor of Finance Practice
Ph.D., Arizona State University, 1984; MBA, Arizona State University, 1980; B.A., University of Delhi, 1978
Arizona State University: 2009-present. Previous Appointments: Pepperdine University, University of Cincinnati
Career and Professional Awards; Teaching Awards
University of Cincinnati, College of Business Administration Outstanding Graduate Teaching Award, 1984-1985; Summer Research Grant, 1985; Financial Management Association Doctoral Student Seminar, 1983
Ad-hoc manuscript reviewer: Advances in Futures and Options Research, Quarterly Journal of Business and Economics, Journal of Financial Research, The Journal of Futures Markets
Corporate and Public Sector Leadership
President and CEO (2008), Managing Director (2001-2008), Executive Vice President (1999-2001), Countrywide Capital Markets (a wholly owned subsidiary of Bank of America); Managing Director, Imperial Credit Industries Inc., 1998-1999; Managing Director, Prudential Securities Inc., 1990-1998
"Understanding Mortgage Prepayments", with S. Banerjee, Mortgage and Real Estate Finance, Incisive Publishing Ltd., S. Perucci, editor, 2008, 183-215.
"Mortgage and Real Estate Finance," with W. Wang and J. Lieber, Mortgage and Real Estate Finance, Risk Books, Incisive Publishing Ltd., S. Perucci, editor, 2008, 217-231.
"Residential Mortgages," with Frank Fabozzi and William Berliner, Handbook of Finance, Vol. 1, John Wiley and Sons, Inc. 2008, 221-230.
ASU is a tier 1 research university and W. P. Carey is proud of its strong tradition of teaching and classroom excellence. Our students directly benefit from the research and theories our faculty brings into the classroom. Below is a list of courses being taught during the current semester by this faculty member. Click a course to view it in the ASU course catalog.
FIN 525 - Investment Strategies
Presents the fundamental principles of risk and return, portfolio diversification, asset allocation, efficient markets, active portfolio management, portfolio evaluation. Reviews selected alternative investment strategies such as hedge fund investments.
FIN 550 - Fixed Income
Intermediate- to advanced-level course in fixed income instruments and associated relative valuation of the securities.
FIN 575 - Finance Capstone
Provides a culminating experience as a step in completing the degree. Applies finance principles related to the investment, risk management and financing policies of the firm to develop decision-making ability in these areas. Emphasizes analysis of finance problems through selected readings and case studies.