Andrew Szakmary
Professor of Finance
Profile
Grants and Fellowships

$15,000 June 2011    Summer Research Grant, Robins School of Business

$15,000 June 2010    Summer Research Grant, Robins School of Business

$15,000 June 2009    Summer Research Grant, Robins School of Business

$15,000 June 2008    Summer Research Grant, Robins School of Business

$10,000  June 2007    Summer Research Grant, Robins School of Business

$10,000  June 2006    Summer Research Grant, Robins School of Business

$10,000  June 2005    Summer Research Grant, Robins School of Business

$10,000  June 2004    Summer Research Grant, Robins School of Business

$10,000  June 2003    Summer Research Grant, Robins School of Business

Awards
Outstanding Researcher Award, Robins School of Business, University of Richmond, 2004.

Undergraduate Teaching Honor Roll, College of Business, Southern Illinois University, 1999, 1995

Research Honor Roll, College of Business, Southern Illinois University, 1995

Toussaint Hocevar Outstanding Graduate Student Award, University of New Orleans, 1989

Graduated Cum Laude, Columbia University, 1980
Presentations
“Designing and Implementing a Common Syllabus for Multiple Sections of a Core Finance Course,” with Carol Lancaster and Jerry Stevens. Work was presented at the 2011 Joint Academy of Business Education/Financial Education Association Annual Meeting, Orlando, FL.

“Trend-Following Trading Strategies in a Momentum Framework,” with Carol Lancaster. Presentated at the 2011 Eastern Finance Association Annual Meeting, Savanah, GA.

"Trend-Following Trading Strategies in Commodity Futures: A Re-Examination," with Qian Shen and Subhash Sharma. Presented at the Southern Finance Association Annual Meeting, November 2008, Key West, FL.

“An Examination of the Performance of Standard and Poor’s Stock Appreciation Ranking System, 1989-2003,” with Carol Lancaster and Mitch Conover. Presented at the Southern Finance Association Annual Meeting, November 2005, Key West, FL.

“Exchange Rate Momentum in International Stock Markets,” with Qian Shen. Presented at the Financial Management Association Annual Meeting, October 2005, Chicago IL.

“An Examination of Value Line’s Long Term Projections,” with Carol Lancaster and Mitch Conover. Presented at the Eastern Finance Association Annual Meeting, April 2005, Norfolk VA.
Professional Experience
Previous positions include:

1996 – 2001    Southern Illinois University at Carbondale, Associate Professor of Finance.

1990 - 1996    Southern Illinois University at Carbondale, Assistant Professor of Finance.

1982 - 1990    McDermott International, New Orleans, LA. Senior Economist. Primary responsibilities were energy and financial forecasting and advising senior management concerning major financing and investment proposals.

1989 - 1990    University of New Orleans, Instructor (part time).

1986 - 1987    University of New Orleans, Research Assistant (part time). 

Institutional Service
Member, RSB Tenure and Promotion Review Committee (2011-present)
Member, RSB Research Committee (2008-present)
Member, RSB Library Committee (2005-2008, 2010-present)
Member, University Program to Enhance Teaching Effectiveness (PETE), Fall 2006.
Member, University General Education Petitions Committee, 2010-present
Member, University Committee on Faculty Status, Spring 2009, 2011
Chair, SIUC College of Business, Technology Committee (1996-2001).
Member, SIUC, College of Business, AACSB Self-Evaluation Committee (1999-2000)
Member, SIUC, College of Business, Faculty Intellectual Contributions Committee (1997-2000)
Member, SIUC, University Honors Committee (1995 – 2001)
Selected Publications
Articles

“Trend-Following Trading Strategies in Commodity Futures: A Re-Examination,” Journal of Banking and Finance, v34, No. 2, February 2010, 409-426. Abstracted in the CFA Digest,  May 2010, v40, No. 2, 5-7.

The Timeliness of Accounting Disclosures in International Securities Markets, International Review of Financial Analysis, v17, No. 5, December 2008, 849-869.

“An Examination of Value Line’s Long Term Projections,”  Journal of Banking and Finance, v32, No. 5, May 2008, 820-833. Abstracted in the CFA Digest,  November  2008, v38, No. 4, 26-27.

"An Examination of Momentum Strategies in Commodity Futures Markets,"  Journal of Futures Markets, v27, No. 3, March 2007, 227-256. Abstracted in the CFA Digest, August 2007, v37, No. 3, 25-27.

“Momentum and Contrarian Strategies in International Stock Markets: Further Evidence,”  Journal of Multinational Financial Management, v15, No. 3, July 2005, 235-255.


Education
B.A., Columbia University 1980
Economics
M.B.A., Columbia University 1982
Finance
Ph.D., University of New Orleans 1989
Financial Economics
Contact Information
385 Queally
(804) 289-8251
(804) 289-8878 (Fax)
Areas of Expertise
International Finance
Investments
Momentum and Contrarian Strategies
Calendar Anomalies
Volatility Prediction