DEPARTMENT OF FINANCE
Newsletter January 2015
In this issue:
Chair Message/Finance
Enrollment Updates . . . . 1
Honors & Awards . . . . . 2
Winner Highlights . . . . 3
Programs Announce-
ments . . . . . . . . . . . . . . . 4
FMS Club Report . . . . . . 5
Student Success/What
Students Are Saying . . 6-7
SMIF/Investment News . .8
Faculty Information . . . . 9
Updates & New Advisory
Board . . . . . . . . . . . . . . . 10
Event Photos . . . . . . 11-13
Alumni Update/Donor
Form . . . . . . . . . . . . . . . 14
Happy New Year!
The year of 2014 is
history now and it is
time to reflect upon
the past year
through the newest
edition of our De-
partment Newsletter.
The most exciting announcement is our
new Insurance Specialization and Minor
Programs that will be launched in Fall
2015. The Insurance Specialization pro-
gram will be one of only a few 4-year
degree programs in the state of Ohio
specifically focused on Insurance. Our
new programs will undoubtedly contrib-
ute to the strong manpower need in the
industry in coming years. To support our
new programs, we are also creating a
new Insurance Advisory Board and the
Insurance & Risk Management Institute
with industry professionals.
Finance Specialization continues to be a
strong program in the college with 164
students this fall. We graduated 51 stu-
dents this past academic year out of 287
college graduates. Thanks to your con-
tinuing support, we awarded the record
amount of $24,100 in scholarships and
awards to 46 Finance students this year.
We have had a few changes in our facul-
ty and staff and you will find more de-
tails in this Newsletter. Among others,
we welcome J. Michael Galbraith, Ad-
junct Faculty; and Sheri Eddington, De-
partment Secretary.
We would like to hear from you and
share your stories with our students and
alums. Simply email or fax the question-
naire at the end of the Newsletter.
The Department faculty, staff, and stu-
dents are looking forward to another
exciting year of progress. We invite you
all to be a part of this endeavor.
Wishing you and your family all the very
best for the New Year, we look forward
to your continued support and hearing
from you soon.
Go Falcons!
Sung Bae, Chair
Chair’s Message
Fall 2014 Finance Enrollment Trends
Dr. Sung C. Bae
201 Business Administration Building Bowling Green State University, Bowling Green, OH 43403 419.372.2520 tel. 419.372.2527 fax http://www.bgsu.edu/business/finance.html
2
Thanks to the generosity of alumni, companies, faculty, friends and profes-
sional organizations, the Department was able to grant more than $24,000 in
scholarships for the 2014-15 academic year.
Scholarship Name Recipient
Avery Dennison Dana Kaufman
Bruce and Janet Misamore Clay Barron, Athar Kazmi
Darwin B. Close Pedro Petribu
Donald L. Speck Bryce Arnett
Emery S. Gielow Ayo Ellis, Luke Zemanek
Finance Faculty Hayley Loy, Robert Shenefield
Geoffrey and Linda Radbill Michael Behr, James Knippen, &
Chris Workman
J. Warren Hall Trevor Campbell, Max Rein
Jan Woo Lee Cody Zeller, Allen Jenkins
John and Inge Bowyer Tyler Kemp
Kenneth H. Harger Landon Drewes, Jacob Kinsey
KeyBank Dylan Atibagos, Cameron Cooke
Louis and Adelyne Klein Pedro Petribu
Mary Jane Little Dorais John Auden, Jesus Luevano, &
Valerie Vondrak
Thomas Pemberton Benjamin Kister
William H. and Muriel A. Alex Batt, Wade Heffner, Kenneth Knapke &
Fichthorn Brett Rowley
Scholarships and Awards
Department of Finance Donors
Avery Dennison Corporation
Darwin B. Close
Mary Jane Little Dorais
William H. and Muriel A. Fichthorn
Emery S. Gielow
J. Warren Hall
Kenneth H. Harger
Key Bank
Jang Woo Lee
Bruce and Janet Misamore
Thomas Pemberton
Marathon Petroleum Corporation
Geoffrey and Linda Radbill
Donald L. Speck
John and Inge Bowyer
Louis and Adelyne Klein
Finance Faculty
————
Johnnie R. Brown
Daniel P. Burke
William F. Charters
Maureen Ann and Christopher Conroy
Timothy M. Egloff
Andrew P. and Kimberly B. Fichthorn
Norman W. Fichthorn
Britt J. James
Daniel P. and Linda Bowyer Klein
Donald A. Klise
Thomas J. Libeg
Gary D. and Melanie Lind
Maurice E. Miller, Jr.
Brad and Debra Miesle
Thomas E. Pemberton, Jr.
John D. Pitman
MacArthur R. and Denise E. Plumart
Stephen G. Rado
Thomas E. and Mary A. Rohr, Jr.
Neil W. Roache
Thomas L. Sholl
Christopher L. and Maribeth A. Stahl
Gregory L. Stefani
Brice R. Steffes
Thomas G. Skuggen
Craig A. Warnimont
Jon B. Young
Attendees enjoy the 2014 Honors and Awards Ceremony
3
Award Winner Highlights
T r e v o r
B i schoff graduated in
May 2014 and
earned the Karl
Vogt Award as
the College of
Business’s out-
standing graduating senior, being
the first graduate to earn a business
degree with four specializations –
Finance, accounting, business ana-
lytics and intelligence, and applied
economics. He accomplished this
while also remaining highly active in
extracurricular activities and taking
on leadership roles throughout
campus .
He interned two summers for Parker
Hannifin as a corporate treasury
intern and a corporate cost ac-
counting intern. This fall he joined
Deloitte as an Enterprise Risk Ser-
vices (ERS) consultant.
The 2014 graduate credits the cul-
ture of engagement fostered within
the College of Business and the
generous alumni who establish
scholarships for supporting him in
his college career. “If it hadn’t been
for the scholarships, I would not
have been able to extend my col-
lege career to achieve my academic
and professional development
goals. I am more prepared for the
professional world because of the
opportunities the College gave me.”
Andrew
Wallace
Received the
Finance De-
p a r t m e n t ’ s
2014 Graduat-
ing Senior
Award at our Graduating Senior Re-
ception, held on April 24, 2014.
Andrew graduated with a 3.81 GPA
and was part of the BGSU Investment
Team which is responsible for manag-
ing a $250,000 alumni portfolio
through conducting research and an-
alyzing international Exchange-
Traded Funds for potential invest-
ment. Not only does Wallace excel
academically, he played on the BGSU
varsity hockey team as a forward. His
hometown is Bedford, Nova Scotia.
We are proud of our
award-winning
students.
Chad Sultz-received the 2014
Financial Executive International
(FEI) Student Award, sponsored by
the Toledo Chapter of FEI. The
Awards Night was held November
13, 2014.
Chad is a senior specializing in Fi-
nance and Accounting with 4.0 GPA.
He will be interning as a tax intern
with Rehmann during Spring se-
mester and Cooper Tire during the
summer. Chad will receive his BSBA
this August and will enter the BGSU
Master of Accountancy program Fall
of 2015.
He is in the FMS and Beta Alpha Psi
student organizations. He is from
Fremont, Ohio.
Chad Sultz receives his FEI Award from
Finance Faculty, Dr. Li and Dr. Bae
Andrew Wallace with Dr. Bae
4
Insurance
Specialization Designed for business students to
prepare them to be an insurance
specialist, with the academic and
professional levels of education
needed to advise on insurance
and manage insurance company
and agent operations.
Insurance Specialization requires
22 credit hours beyond the gen-
eral BSBA degree requirements.
1. Required
INS 2100-Intro to Insurance
INS 4220-Life & Health Insurance
INS 4230-Property & Liability Ins.
INS 4240-Ins. Co.& Agency Ops.
INS 4250-Insurance Law
2. Electives
FIN 4130-Persoanl Fin. Planning
FIN 4140-Retirement/Emp. Benefits
FIN 4210-Risk Mgmt. Insurance
FIN 4350-Investment Analysis
MKT 4050-Services Marketing
Insurance
Minor Designed for both business and
non-business students to prepare
them with the academic and pro-
fessional levels of education
needed to advise on insurance
without having to take all of the
core business school requisites.
Insurance Minor requires 22 credit
hours for non-business and 25
credit hours for business students.
1. One of: ECON 2000/ECON 2020
2. One of: ACCT 2000/ACCT 2210
3. INS 2100-Intro to Insurance
4. FIN 3000-Business Finance
5. Required
INS 4220-Life & Health Insurance
INS 4230-Property & Liability Ins.
INS 4240-Ins. Co. & Agency Ops
6. Electives
FIN 4130-Personal Fin. Planning
FIN 4140-Ret & Employee Benefits
FIN 4210-Risk Mgmt. Insurance
INS 4250-Insurance Law
Highlights of In-
surance Programs Industry-driven program with
strong support from the Ohio
Governor’s office and the
Ohio insurance industry
One of only six 4-year degree
programs in the state of Ohio
specifically focused on insur-
ance
To address the impending
shortage of qualified insur-
ance workers in the Ohio’s
insurance industry
Graduates pursue more than
30 different career options in
the insurance industry
To establish new Insurance &
Risk Management Institute to
effectively promote partner-
ships with the industry
To establish new Insurance
Advisory Board
To establish insurance student
clubs including Gamma Iota
Sigma Chapter at BGSU
Announcing Our New Insurance Programs to Launch this Fall
Dr. Bae speaks to insurance professionals during the insurance
program development meeting in Spring 2014
Lunch break at the David J. Joseph Company Business Hub
during the insurance program development meeting
5
FMS Club Report
The Financial Man-
agement Society is
off to another
good academic
year. Approxi-
mately 35 students
have joined the
organization for
this year. In the Fall semester, rep-
resentatives from Owens Illinois,
Owens Corning, and Marathon Pe-
troleum visited and spoke to the
students about various career op-
portunities with their companies. In
each case, alums from the College
of Business were the presenters. In
addition to these Fortune 500 com-
panies, we also had Ms. Erin Flower,
CFP, present about Financial Plan-
ning as a career choice. Erin gradu-
ated in 2000 with a specialization in
Finance. It is always great to have
alums come back to campus and
speak with the current students – we
all appreciate your willingness to do
so.
FMS Annual Trip
Dayton Rise Conference
In March, FMS Members attended the conference designed for students in the field of
investing from all over the world. The first day featured a series of addresses and
roundtable discussions involving some of the most influential people in the world of
investing and finance. The second and third days featured breakout sessions in a wide
variety of subjects.
Advisor-Dr. Klein
FMS Officers
President-
Landon Drewes
Treasurer-
Amanda Freedman
Secretary-
Quentin McKinnon
Dean’s Advisory Council-
Jacob Kinsey
Members of FMS join guest speakers: Janet Gerken, Jason Broerman, and
Sean Palmer from Marathon Petroleum.
6
Student Success
Congratulations go to a BGSU Fi-
nance student team advancing to
the finals and winning third place
at the International Association of
Registered Financial Consultants
(IARFC) National Plan Competition.
Dana Kaufman, Liz Kevorkian, and
Becca Smoody presented their
comprehensive personal financial
plan based on uniform sample da-
ta given by the IARFC. They were
one of three teams selected to
compete at the national level in Las
Vegas, Nevada in March 2014.
Teams competed in the semi-final
round presented via Webcam and
were judged on professionalism,
teamwork, understanding of the
client’s needs, presentation and
restatement of the issues, recom-
mendations and ability to defend
their position. BGSU had a second
team of students qualify for the
semi-final round that included Ty-
ler Beck, Brett Mohler, and Chris-
tian Piazza as pictured above.
Both BGSU teams were coached by
finance instructor Matthew Gar-
row.
Finance Team Wins Third Place in National Plan Competition
Pictured back left is Tyler Beck, Bret Mohler, Dean Braun and Christian Piazza.
Front row is Becca Smoody, Advisor Matt Garrow, Liz Kevorkian and Dana Kaufman.
Congratulations
to
Dana Kaufman,
Liz Kevorkian
and
Becca Smoody
for winning third
place at the
International
Association of
Registered
Financial
Consultants
(IARFC)
National Plan
Competition in
March 2014.
7
See What Our Students Are Saying-FIN 2000 Stock Market Game
“Invaluable experience”
By Mollie Mason
The stock market is risky and unpre-
dictable, which is something that I had
to become accustomed too. I learned
that my performance on any given day
does not always necessarily affect my
future performance. I became con-
cerned when my ranking within the
game significantly dropped, but I pa-
tiently waited for the market to recover,
and I am now currently on the upswing.
My participation in the stock game has
proven to be an invaluable experience.
I am learning the ins and outs of the
stock market. I am grateful for the op-
portunity to educate myself now, so
that I can actively invest upon gradua-
tion. I enjoy how the game operates
based off of current activity because it
allows me to gain a real-world perspec-
tive. I am using the same strategies
and techniques to participate in the
game now as I would if I was actually
investing in the NYSE.
“Life changing”
By Ron Bogdanowicz
In the end the stock market game is a
great game that has taught me a lot.
It’s actually life changing on my mind
about what I think about stocks. Also
after learning about stocks I have a
better knowledge on the economy and
how everything comes around and af-
fects the market. Everyone should play
the stock market game because in the
end everyone’s opinion will change
about stocks.
“Enjoyed so much I created
my own to continue….”
By Jared Lamb
The game is very simple and easy to use,
there is a home page for each individual
and it tracks everything important to
each person. It tracks an individual’s net
worth, overall gains, overall returns and
today’s gains.
Market Watch has been a great experi-
ence in learning how to properly buy
and sell stocks. I am now interested in
learning more about how the stock mar-
ket works and what I need to do in my
future of investing. I enjoyed this game
so much that I created my own so that I
can continue to learn and research dif-
ferent techniques in investing in the
stock market.
“Great hands-on”
By Andrea Hendricks
To me and the other students, the stock
game is a great hands-on learning expe-
rience. It gives me a first-hand look at
what it is really like to invest. I ‘ve always
believed that one of the best ways to
learn is to actually do. The stock game
has showed me what types of stock are
good investments and what aren’t. Not
only is the game helpful, but it encour-
ages players to do outside research that
not only furthers their involvement with
the game but also get them tuned into
what is going on in the real world around
them. The economy affects everyone,
and this game is a great way to research,
learn about investing, learn about busi-
ness performance, and become educated
about finance.
“Powerful tool”
By Micah Marra
This stock market game is a very inter-
esting and powerful tool we are using
in class. Most of us students have had
no experience in the stock world.
We have learned about it in class but
never actually had an opportunity to
get in there and invest and learn about
the stock market. This game allows us
to see exactly what it is like in the real
world. I personally have learned a ton
from this game. Some things that I
have learned are very beneficial and
there are some things that I have
learned to never do again. My ap-
proach to this stock game was to pick a
few very safe stocks and invest moder-
ately in them. I then invested heavily in
high risk stocks which I am learning
now was a very bad mistake. I did very
well starting off and was in the top
three and then in a matter of hours I
was in the lower percentage of the
class. I think this was a great idea for
the class and I think I will continue
playing after the class is over.
“We need to be aware”
By Diane M. Schimming
I have enjoyed the game because it has
helped me to determine how I want to
set up my portfolio based on life and
how I want to invest. Even though we
are only playing for a month, it has
helped me to realize that in real life my
portfolio will have ups and downs but
by reviewing my investments and not
reacting to the market my investments
will gain over time. It teaches you that
we need to be aware of everything go-
ing on in the news and the world.
8
Student
Managed
Investment
Fund /(SMIF)
By Dr. Daniel Klein, advisor
Students who are participating in
the Student Managed Investment
Fund are in the process of analyz-
ing a specific company in their
selected S&P industry, and pre-
paring to make a presentation on
that company, with the purpose of
the presentation being to make a
recommendation to buy, sell, or
hold the stock.
There are currently 5 students
participating in the Fund. Compa-
nies being analyzed include Dia-
mond Offshore, Deere, Zimmer
Holdings, Ford, and IBM.
Currently, the value of the Fund
s i t s a t a p p r o x i m a t e l y
$365,000. The Fund was begun in
2006 with a cash infusion of
$250,000 from the BGSU Founda-
tion. It survived the financial crisis
of 2008-09, when it reached a low
of $168,000, and is sitting now at
its highest level since 2006.
Students have been making good
use of the Finance Lab, our 3-year
old lab that holds 12 Bloomberg
computers.
What Students Are Saying, cont. and Investment News
Real Estate Tax Lien
Certificates By J. Michael Galbraith, MBA
Interesting and lucrative invest-ment vehicles which are relatively unknown to many investors yet have existed for many years are real estate tax lien certificates. Each State of the Union has laws which govern how real estate tax-es are collected. In States which use a tax lien mechanism, county governments issue real estate tax lien certificates when an owner of real estate becomes delinquent in making real estate tax payments. The purchaser of the lien essen-tially steps in and pays the delin-quent taxes so the county in ques-tion can continue funding its nor-mal activities. In exchange, and in accordance with State law, the county grants the purchaser a first
priority lien on the property in ad-dition to penalty interest which accrues to the lien holder. This penalty interest rate is usually in the 15 to 18 per cent range, but can be as high as 24 per cent as is the case in Iowa for example. If the property owner chooses to redeem the tax lien, or if the prop-erty is sold, the lien holder re-ceives, as payment, his initial prin-cipal outlay plus accrued penalty interest. If the tax lien has not been redeemed after a legally de-termined wait period, the tax lien holder has the right to seek title to the underlying property. Investing in real estate tax lien cer-tificates can be very lucrative but, as with any investment, there are pitfalls and it is very important that anyone considering such an investment should exercise consid-erable due diligence.
http://www.business.bgsu.edu/finance
“Out of classroom learning”
By Micah Marra
Stocks are a very unpredictable finan-
cial instrument, but also can make
great amount of profits if traded at the
right times. The course of Finance
2000, and more specially the stock
competition has been very interesting
and hands on learning. I have enjoyed
this game greatly not only due to the
competition aspect, but because it is
provoking out of the classroom learn-
ing. Students must research and plan
to do well within the game. This out-
side learning is developing better in-
vestors, since they may find success
within the game which turns into confi-
dence to invest safely. The stock mar-
ket game will give these students, like
myself, a safe and intellectual way of
watching their money grow.
9
Faculty and Staff Information and Publications
Sung C. Bae, Ph.D.
(University of Florida, 1987); Chair, Professor; Corporate Finance, Personal Financial Planning.
J. M. Galbraith, MBA
(BS Economics, Buck-nell 1974; MBA, BGSU, 2011); Adjunct Faculty; Personal Financial Planning.
Daniel P. Klein, Ph.D.
(University of Kansas,
1989); Associate Pro-
fessor; Corporate
Finance, Investments.
Liuling Liu, Ph.D.
(Rensselaer Polytech-
nic Institute 2013);
Assistant Professor;
Business Finance,
Financial Markets.
Mingsheng Li, Ph.D.
(University of Mem-
phis, 2002); Ashel G.
Bryan/Huntington Bank
Associate Professor;
Financial Modeling,
International Finance
John F. Reing, MBA
(George Mason Uni-
versity, 1974); FT
Instructor; Entrepre-
neurial Finance, Insur-
ance & Retirement
Planning
Finance Department
welcomes:
J. Michael Galbraith spent nearly
30 years working in the financial
markets in London and has broad
knowledge in the world of interna-
tional and domestic finance. When
he returned to NW Ohio in 2003, he
spent six years as a financial advisor
for one of the large financial net-
work companies. In 2011, he set up
and now manages a fund which
invests in real estate tax lien certifi-
cates. Mr. Galbraith teaches Per-
sonal Financial Management.
Sheri Eddington joined the depart-
ment as Secretary in October 2014.
She likes all of the different aspects
of supporting the department. She
lives in Bowling Green with her hus-
band and two of her six children.
Sheri enjoys in singing in the BGSU
Choral Society.
Publications 2014
Bae, Sung C., Byung-Uk Chong, and Yuna Kim, ““Informational Frictions, Syndicate Structure, and
Loan Pricing: New Evidence from International Syndicated Lending.” Asia-Pacific Journal of
Financial Studies 43 (2014), 124-155.
Xiao Jun, Mingsheng Li, Jing Shi, “Volatile Market Condition and Investor Clientele Effects on Mu-
tual Fund Flow Performance Relationship,” Pacific-Basin Finance Journal, forthcoming.
He, Xi, Minsheng Li, Jing Shi, Garry Twite, “Why do firms pay stock dividends: is it just a stock split?
Australian Journal of Management, forthcoming.
Mingsheng Li, Xin Zhao, 2014. “Impact of leveraged ETF trading on the market quality of compo-
nent stocks,” North American Journal of Economics and Finance, forthcoming.
Jun, Xiao, Mingsheng Li, Wu Yan, and Rui Zhang, 2014. “Flow-performance relationship and star
effect: new evidence from Chinese mutual funds,” Emerging Markets Finance & Trade, com-
ing.
Jin, Dawei, Jianghui Liu, Liuling Liu, and Desheng Yin, “Competition and profit hiding: evidence
from banks in China," Managerial Finance 40 (2014), No.10, 1040-1051.
Publications 2013
Bae, Sung C., Kiyoung Chang, Hoje Jo, “Long-Run Stock Return and Operating Performance of
Underwriter Warrants: Evidence from Seasoned Equity Offerings.” International Review of
Finance 13 (December 2013), Issue 4, 473-501.
Bae, Sung C., Kiyoung Chang, and Doseung Kim, “Determinants of Target Selection and Acquirer
Returns: Evidence from Cross-Border Acquisitions.” International Review of Economics and
Finance 27 (2013), 552-565.
Bae, Sung C., Taek Ho Kwon, “Asymmetric Foreign Exchange Exposure, Option Trade, and Foreign
Currency Denominated Debt: Evidence from Korea.” Asia-Pacific Journal of Financial Studies
42 (2013), 314-339.
Filbeck, Gret, Mingsheng Li, Xin Zhao, 2013. “Performance of the Contrarian Strategy after Extreme
Market Movement,” Journal of Investing 22 (fall, No 3), 53-65.
10
Dr. Bae received the CBA Robert A. Pat-
ton Scholastic Achievement Award for
his research accomplishments in August
2014, making it his fifth time to be hon-
ored with this award. He was also award-
ed a CBA Summer Research Grant this
June. He (and his co-authors) presented
five research papers at international and
national conferences, of which three arti-
cles appeared in the Conference Pro-
ceedings. He was also invited to organize
a panel session on “Business Groups and
Value Creation” and serve as session
chair at the 2014 KAFA International Fi-
nance Conference in August. He current-
ly serves on the editorial board of eight
academic journals and two international
research centers.
Dr. Klein serves as Instructor/Advisor for
the Student Managed Investment Fund,
as Advisor to the Financial Management
Society, and as Liaison with Career Ser-
vices for Internships for students. He
continues to teach in the Investments/
Corporate Finance areas, both at the
undergraduate and graduate levels. Dr.
Klein is President of the Wealth Manage-
ment Society of Northwest Ohio. He
lives in Perrysburg, Ohio with his wife,
Linda Bowyer (retired Finance Professor
at the University of Toledo). He is a first-
time grandparent, his grandson being
born to his son and daughter-in-law in
early December, 2014. Dr. Klein will be
retiring as a full-time faculty member at
BGSU at the end of May, 2015.
Dr. Li was newly appointed to the Ashel
G. Bryan/Huntington Bank Professorship
starting this fall for a three-year term. He
also received a CBA Summer Research
Grant this June. He teaches FIN3000,
FIN4100/MBA5530, and FIN4550/
MBA5520 and is working on a few re-
search projects on mutual funds, IPOs,
and price co-movement. He serves an
editorial board member of two journals:
Accounting and Finance Research, and
International Journal of Bonds and Cur-
rency Derivatives. In the past two years,
he helped the College of Business estab-
lish a joint program of BSBA Business
Analytics with Tianjin Polytechnic Univer-
sity (TPU) in China. The program recruit-
ed 90 students from China Fall 2014 and
expects to recruit about 90-100 students
each year.
Dr. Liu published one paper and re-
ceived Revise and Resubmit for another
three papers in 2014.
She was invited as reviewers for several
academic journals. She also serves as
Coordinator of the Department Finance
Workshop Series in our Department of
Finance.
Her paper entitled “Financial Contracts:
Banks versus Banks” was presented at
several central banks, including the Cen-
tral Bank of Finland, the Central Bank of
Serbia, and the Central Bank of Turkey.
Her paper “Bank Credit Default Swap and
Deposit Insurance around the World”
was presented in the Indonesian Deposit
Insurance Corporation and the Korean
Deposit Insurance Corporation.
Mr. Reing worked with the committee
to review the feasibility of bringing an
Insurance program back to BGSU. We
engaged industry leaders and developed
a curriculum for the program.
After two meetings with the industry
leaders we had the support of the facul-
ty, industry and Administration on this
program. In 2015 BGSU will offer the
program for Business students as well as
a minor for non business students.
Faculty Updates and New Finance Advisory Board
We are extremely grateful to the
Members of our newly expanded
2015 Finance Advisory Board.
Dennis R. Adams-President/CEO
American Mutual Share Insurance Cor-
poration
John E. Bowen-Director
Cantor Fitzgerald & Company
Daniel Burke-Portfolio Manager
Abbot Downing
William Charters-Founder
Sabal Capital Management
Timothy M. Egloff-VP, Healthcare
Banking
Fifth Third Bank
Brendan L. Foley-Managing Principal
Wells Fargo Advisors Financial Net-
work
Garrett Gabel-Sr. Finance Director
Avery Denison Corporation
Rhonda Lynn Melchi-Treasurer
Bowling Green City Schools
Bruce K. Misamore-CFO and Member
Yukos Oil Company
MacArther R. Plumart-President
MRP Capital Investments
Jared A. Poff-VP & Treasurer
Big Lots, Inc.
Neil W. Roache-Managing Director,
Public Markets
Exelon Corporation
11
Event Photos-2014 Finance Graduating Senior Reception
The 2014 Finance Graduating Senior Class with faculty and staff
at the Finance Graduating Senior Reception in April 2014
12
Event Photos - Fall 2014 Finance Open House
Students visit the Fall 2014 Finance Open House
Dr. Li and Dr. Klein with students at the Fall 2014
Finance Open House
Students enjoy lunch at the Fall 2014 Finance Open House
Dr. Bae chats with students at the Fall 2014 Finance Open House.
13
Event Photos
Guest Speaker Tony Blanchard, Managing Director at Deloitte Corporate
Finance, is thanked by Dr. Bae at the Spring 2014 Finance Speaker Series Spring 2014 Finance Speaker Series
Finance faculty with Finance alums
at the Fall 2014 Homecoming Tent
Finance faculty with Bruce Misamore
at the Fall 2014 Homecoming Tent
Dr. Li presents “Distance Based Priced Co-movement” at a Finance
Workshop Series event in Spring 2014.
Alumni Update/Donor FormLET US HEAR FROM YOU…We enjoy hearing from our alumni. Please let us know what you have been doing, and help us keep our mailing list up to date. If desired, you may enclose a donation to the Department with your submission.
Name ___________________________________________ Maiden Name ____________________________
Class of (year) ____________ Degree ________________ Specialization _____________________________
Mailing Address ____________________________________________________________________________
City/Province _______________________ State _______ Postal Code ____________ Country _________
Home Phone _____________________________________ Office Phone _____________________________
Email Address ______________________________________________________________________________
Employer __________________________________________________________________________________
Your Job Title _______________________________________________________________________________
Employer Location: City/Province_____________________ State ____________ Country _______________
News about you that we may print in the next newsletter or include on the website? _____________________
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Comments or suggestions for this newsletter? ____________________________________________________
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WE DEPEND ON YOU…Your check made payable to “BGSU Foundation–Department of Finance” is a tax-deductible contribution. If your employer has a policy of matching employee gifts to universities, the amount contributed will double. To donate using your credit card, please visit or click on this URL: http://tinyurl.com/financedonations
Please apply the amount enclosed $______________ to (check one):
Finance Alumni Book Scholarships Departmental student-related activities Departmental operating needs New Scholarship in honor of ____________________________
If you prefer not to submit your updates online, you may save and print the completed fillable form, or complete by hand and return the form by faxing it to 419-372-2527 or mailing it to: Department of Finance, 201 BA Building, College of Business Administration Bowling Green State University, Bowling Green, OH 43403
Thank you so much for your continued support of the Finance program at Bowling Green State University!