Bowling Green State University
Spring 2017
Department of Finance
A message from the Chair
Greetings from the Department of Finance! We are delighted to present our 2017 newsletter.

Let me start with some exciting numbers. Last fall, 248 students enrolled in the finance specialization, which is a 20-year record and an increase of more than 22 percent. An even more exciting number is our group of 53 freshmen, up from a then-record number of 39 the previous year. Another 16 students have selected finance as a minor.

Our insurance program is also experiencing strong growth in its second year. Twenty-six students have selected an insurance specialization or minor, up from 15 students the previous fall. Fifty-eight students enrolled in our fall 2016 insurance courses, which is more than triple the number from a year earliers.

In 2016, 56 students graduated with finance degrees, along with our first two insurance graduates (both of whom are currently employed with insurance companies).

None of this would be possible without generous scholarship support. Last year, we awarded more than $18,000 in scholarships and awards to 25 finance students. In our new insurance program, even though it was the program’s first year, we awarded another $13,600 in scholarships to 39 students; $5,600 of this was given as class scholarships to 28 students in our INS 2100 class. I’d like to my deep appreciation to our donors, Insurance & Risk Management Institute members, alumni, friends and department colleagues for making this happen.

We rely on a tremendous team of faculty members to educate our students and prepare them for successful careers, and recently we welcomed Dr. Stephen Rush, a new assistant professor of finance who replaced Dr. Daniel Klein after he retired in May, 2015. Dr. Rush teaches investment courses and MBA-level financial management courses.

Faculty, staff and students in the Department of Finance are looking forward to another exciting year of progress, and we invite you to be a part of this endeavor. We would like to hear from you and share your stories with our students as well as featuring your stories in our next newsletter. We look forward to your continued support and hearing from you soon.

Go Falcons!

Sung Bae, chair
Sung Bae

Enrollment continues to increase
Enrollment continues to increase
Enrollment continues to increase
Finance and insurance enrollments continues strong growth. View more analytics here
Donors contribute to student success
Donors contribute to student success
Finance and insurance students, donors and faculty gathered at 2016 Honors and Awards banquet. Thanks to the generosity of alumni, faculty, friends and professional organizations, the Department of Finance was able to grant more than $31,800 in scholarships for 2016-2017. Thank you for your support!
Top finance students receive awards
Top finance students receive awards

Kory Brown and Mark Cooper were the top graduating seniors in 2016.
Two of three First Team All-Americans specialize in finance
Two of three First Team All-Americans specialize in finance

Finance students Joseph Davidson and Joe Sullivan have been named Academic All-Americans by the College Sports Information Directors of America.
Student-managed portfolio beats expectations
Student-managed portfolio beats expectations

A student-managed fund beat the S&P 500 index by nearly 3 percent and delivered positive risk-adjusted returns.
Alumni success
Young finance alumnus achieves fast track to success at Prudential
A head start with a Falcon finish A head start with a Falcon finish
Ohio Governor appoints finance alumnus to BGSU Board of Trustees Ohio Governor appoints finance alumnus to BGSU Board of Trustees
Alumni see job opportunities, stability in insurance industry Alumni see job opportunities, stability in insurance industry
Finance alumnus recognized for excellence Finance alumnus recognized for excellence
Knippen takes fast track from BGSU to Silicon Valley Knippen takes fast track from BGSU to Silicon Valley
Student organization reports
Financial Management Society (FMS) Financial Management Society (FMS)
BGSU’s Financial Management Society (FMS), advised by Dr. Mingsheng Li, is enjoying a successful year. Several events are scheduled this spring: four guest speakers, a stock analysis competition, a firm location competition (with $1,000 scholarship to be awarded) and a tour to Owens Corning Toledo World Headquarters. Society officers include Christian Petek, president; Zuhair Chaudhry, treasurer; Jessica Keller, secretary; Daniel Jackson, marketing; and Marina da Costa, Dean’s Advisory Council. Pictured: Paul Wannemacher from Croghan Trust & Investment Services leads presentation to FMS students.
Gamma Iota Sigma report Gamma Iota Sigma report
Gamma Iota Sigma is a national business fraternity that specializes in promoting, growing and sustaining student interest in the risk management, actuarial science and insurance industries. BGSU received its charter in November, 1967, as it became the organization’s Beta Chapter. Recently, this chapter has discovered new energy, providing students with opportunites to network, gain knowledge and pursue career paths within the insurance industry. Pictured: Gamma Iota Sigma members attend Industry Charitable Foundation event.
Students who participate in Gamma Iota Sigma are invited to attend events such as the annual international conference, an event that the insurance industry uses to encourage young adults to pursue careers in the field. Some of the companies participating in the conference are Travelers, Westfield Insurance, Nationwide and AIG. The next conference is in Dallas, Texas, and Gamma Iota Sigma members have been invited to attend.
Gamma Iota Sigma leaders receive a check for 2017-2018 scholarships from the Toledo Risk Management Society Gamma Iota Sigma leaders receive a check for 2017-2018 scholarships from the Toledo Risk Management Society.
Westfield Insurance Insurance and Risk Management Institute member Brian Bowerman, from Westfield Insurance, receives Alumnus of the Year Award from Gamma Iota Sigma at the national convention in Columbus, Ohio.
Faculty updates
Fall Finance Workshop Series Fall Finance Workshop Series
Faculty and students were invited to three finance workshops last fall. The first, by Dr. Stephen Rush, BGSU assistant professor of finance, covered Current Risk and Information Diffusion. Next, Dr. Guadalupe del Carmen Briano Turrent from the Universidad Autonoma de San Luis Potosi, Mexico, discussed Gender Diversity, Institutional Investors and Financial Performance on Latin American Emerging Countries. The final workshop was led by Dr. Kainan Wang, University of Toledo assistant professor, with a focus on Perceived Information in Short Sales and Institutional Herding. Pictured: Dr. Mingsheng Li, Dr. Stephen Rush, Dr. Kainan Wang and Dr. Liuling Liu pause after Dr. Wang’s presentation.
Liabilities with drones, driverless cars and cyber attacks are focus of insurance symposium Liabilities with drones, driverless cars and cyber attacks are focus of insurance symposium

Finance faculty publish research
Sung Bae, Mingsheng Li and Liuling Liu have been recognized for recent research and published articles on a range of topics, including corporate financing; foreign currency debt financing, firm value and risk; stock dividends; and corporate social responsibility and productivity.Read the full list here.
Photo gallery
Department of Finance faculty and staff Department of Finance faculty and staff gather for welcome dinner in fall, 2016.
 
BGSU faculty attend Westfield Insurance Days BGSU faculty attend Westfield Insurance Days.
 
Geoffrey Radbill Alumnus and Insurance & Risk Management Institute (IRMI) member, Geoffrey Radbill pauses by the IRMI sign during a recent visit to the College of Business Administration.
Advisory boards, faculty and staff
Finance Advisory Board
Insurance Advisory Board
Department Faculty and Staff

To our guests with disabilities, please indicate if you need special services, assistance or appropriate modifications to fully participate in this event by contacting Accessibility Services, access@bgsu.edu, 419-372-8495. Please notify us prior to the event.