Progress Magazine Annual Report 2011 - Eller College of ...
Progress Magazine Annual Report 2011 - Eller College of ...
Progress Magazine Annual Report 2011 - Eller College of ...
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uilding on a<br />
strong reputation<br />
Rick Sias joins<br />
eller as head <strong>of</strong><br />
finance department<br />
‘<br />
Finance is an easy<br />
subject to teach<br />
because it’s so<br />
exciting and dynamic.<br />
I can’t think <strong>of</strong><br />
another major<br />
academic field that<br />
has entire channels<br />
devoted to its coverage.<br />
Finance is covered<br />
in the media all<br />
the time and has<br />
an impact on<br />
everything we do –<br />
I want my students<br />
to care about the<br />
subject. That’s<br />
when learning is<br />
most effective.<br />
‘<br />
The <strong>Eller</strong> <strong>College</strong> is pleased<br />
to welcome pr<strong>of</strong>essor Rick<br />
Sias, first holder <strong>of</strong> the<br />
Tyler Family Endowed<br />
Chair in Finance, as the<br />
newly-appointed head <strong>of</strong><br />
the finance department.<br />
Sias is a research leader<br />
whose <strong>of</strong>t-cited work<br />
centers on the behavior <strong>of</strong><br />
institutional investors and<br />
their effect on security<br />
prices and markets. He<br />
comes to the University <strong>of</strong><br />
Arizona from Washington<br />
State University (WSU),<br />
where he founded,<br />
designed, and ran a<br />
program through which<br />
undergraduate and MBA<br />
students managed more<br />
than $1 million <strong>of</strong> the<br />
university’s endowment<br />
in a large cap domestic<br />
equity portfolio. Sias<br />
estimates that some 500<br />
students participated in<br />
the program over the ten<br />
years that he ran it.<br />
Sias joined WSU in 1992,<br />
after completing his<br />
doctoral studies at the<br />
University <strong>of</strong> Texas at Austin.<br />
During his time at WSU,<br />
he won numerous awards<br />
for both his teaching and<br />
research. He created a<br />
lecture series that brought<br />
game-changing financial<br />
and economic thinkers —<br />
including four Nobel<br />
Laureates — to campus,<br />
where they connected<br />
with students, faculty,<br />
and community members.<br />
He also managed a program<br />
designed to take the school’s<br />
best finance students to<br />
New York, where they<br />
visited firms and networked<br />
with WSU alumni working<br />
on Wall Street.<br />
“The strong educational and<br />
scholarly reputation <strong>of</strong> the<br />
<strong>Eller</strong> <strong>College</strong> was what drew<br />
me to the UA,” he said, “but<br />
the department itself was<br />
the most exciting thing<br />
to me — the faculty here is<br />
so strong, and there<br />
is so much potential for<br />
future growth.”<br />
eller progress n fall <strong>2011</strong> 7