Jerry Stevens
Professor of Finance, The David Meade White Distinguished Teaching Fellow
Profile
Awards

Robins School of Business Student Government Association, Outstanding Faculty Award, 1999-2000.

Sigma Phi Epsilon Fraternity, Distinguished Professor of the Year, 1996-1997.

Teaching Excellence Award, finalist, Academy of Business Administration, 1994.

University Nominee, State Council of Higher Education for Teaching Excellence, 1991.

Graduate Business Student Association Award, Outstanding Teacher, Southern Illinois University, 1987.

College of Business and Administration, Outstanding Teacher of the Year, 1986 and 1987 (Graduate Programs, College of Business and Administration, Southern Illinois University).

Teaching Honor Roll (College of Business and Administration, Southern Illinois University), 1986 and 1987.

Demarest Award, Outstanding Teacher, Department of Economics, College Commerce, University of Illinois, 1977.

Teacher ranked as Excellent, Department of Economics, University of Illinois Office of Instructional Resources, Published in the Daily Illini, Fall 1976 and Spring 1977 for Economics, Spring 1978 and Fall 1978 for Business Statistics.

Graduation Speaker, Highest GPA, Southwest Missouri State University, 1972.

Distinguished Military Graduate, ROTC, Southwest Missouri State University, 1972.

Omicron Delta Epsilon (ODE), Economics, Southwest Missouri State University, 1970. 

Presentations

Designing and Implementing a Common Syllabus for Multiple Sections of a Core Finance Course, Joint Academy of Business Education/Financial Education Association Meeting, Orlando, FL

Rationality, Predictable Irrationality, and Irrationality in Decisions Involving Fixed Cost, Academy of Business Education annual conference, Orlando, Florida

Time Variation in the Inflation-Hedging Properties of Gold, REITS, and Equities , Annual IABE Conference, Las Vegas, NV

The Uniform Prudent Management of Institutional Funds Act and the Fiduciary and Legal Aspects of Student Management Investment Funds, Joint FEA and ABE Annual Meetings, San Antonio, TX

Do Varying Levels of Economic Education Mitigate Predictable Irrationality: A Logit Analysis, Academy of Business Education Annual Meeting, San Antonio, Texas

Designations
Certified Cash Manager
Memberships
Financial Management Association
American Finance Association
Eastern Finance Association
Financial Education Association
Southern Finance Association
Academy of Financial Services
Academy of Business Education
Professional Experience
Previous positions include:

1987-Present:  E. C. Robins School of Business, University of Richmond
Professor of Finance (1996-present)
Joseph A. Jennings Endowed Chair of Business, (1992-2004)
Associate Professor of Finance, (1987-1996)
Founding Editor, Financial Practice and Education (now called Journal of Applied Finance), Financial Management Association, 1990-94
B.S.B.A. courses taught: Investments; Insurance; Principles of Financial Management; Securities Analysis (cases and projects); International Finance; Cash Management; Money and Banking; and Internship Seminar
M.B.A course taught: Investments; Financial Management and Policy (cases); Behavioral Finance
Executive MBA: Global Finance; Financial Markets and Institutions
1987-1983:  Assistant Professor of Finance, Southern Illinois University
B.B.S. courses taught: Introduction to Financial Management; Intermediate Financial Management; Advanced Financial Management (cases); Financial Markets and Institutions; and Investments. 
M.B.A. courses taught: Financial Management (cases); Managerial Economics; and Advanced Financial Management (seminar).
 
D.B.A. courses taught: Finance Theory; and Advanced Finance Theory.

1983-1979:  Assistant Professor of Business Administration, The Colgate Darden Graduate School of Business Administration, University of Virginia.
M.B.A. courses taught: Business in the Political Economy I (cases); Business in the Political Economy II (cases); Economic Foundations of Management (cases); Managerial Economics and Public Policy (cases); Supervised Business Studies (cases); and Analysis and Communications.
D.B.A. courses taught: Capital Markets; Financial Economics Theory I; Financial Economics Theory II.

Institutional Service

University and Business School Alumni Committee,  charged with creating, organizing, executing, and assessing the “Deconstructing Wall Street” annual program.

Search Committee, Center for Career Development and Alumni Affairs, Summer 2011. 

Center for Applied Business Education (CABE) Committee/Advisor, 2010-present.

ECRSB Curriculum Committee, Chair, Fall 2009 – Fall 2011.

ECRSB Assessment Committee, Fall 2010-present

Finance Department Faculty Recruiting Committee, July 2010-June 2011..

University Faculty Status Committee 2008-2011, Chair, 2010-2011. 

University General Education Committee, Fall 2009-present

Full Professor Committee, ECRSB, Chair through Spring 2009

Distinguished Educator Committee, ECRSB, Chair, 2010, 2009

“Spiders on Wall Street,” Faculty coordinator with CDC for tour of Wall Street Firms

Economics Honors Program, supervised theses:  Nathan Somayaji’s (2009), Dilyana Dorcheva (2009), Justin Poselli (2008),  Ryan Fitzsimons (2004).

Director, Finance Honors Program, 2008-present.

Faculty Advisor and Founder, Finance Society, Student Organization, 1989-present.

Advisory Board and Advisor, Student Managed Investment Fund, 1993-present.

ECRSB Research Committee, 2002-2008, Chair 2004-2005.

University NCAA Accreditation Committee, 2006-2007.

Chair, Academics and Athletics Subcommittee, Task Force on Undergraduate Education (TFUGE), University of Richmond, Spring 2004 – 2006..

ECRSB Committee on Rigor in the Academic Programs, Chair, 2002-2006.

ECRSB Student Advisor (1987-Present).

Alpha Kappa Psi, Professional Business Fraternity (2002 – 2006).

Director of the Associate Certified Cash Management Program, ECRSB, 1996-2010.

Faculty Advisor, Robins Student Managed Fund (2001-2003)

ECRSB Tenure and Promotion Committee (1996-2002)(Chair, 1998-1999,1999-2000).

International Business Committee, (1998-2002).

Finance Department Search Committee, Chair, 2002-2003.

ECRSB Research Committee, Chair (1997-Fall 2000).

University Research Committee (1997-Fall 2000).

Finance Department Search Committee, Chair (1999-2000)

ECRSB Strategic Planning Committee (1992-1999).

ECRSB Dean Search Committee, 1998-1999.

ECRSB Standards Committee, Chair (1992-1999).

Selected Publications
Books

Jerry L Stevens, Cash Discounting Concepts/Risk Management Essesntials, The National Alliance Research Academy, 2009, Chaper 7

Jerry L Stevens, Loss Forecasting/Risk Management Essentials, The National Alliance Research Academy, 2009, Chapter 8

Articles

Thomas M. Arnold, Jerry L Stevens, Mixed Agendas and Government Regulation of Business: Can we Clean Up the Mess?, Richmond Law Review, 2011,1059-1089

Robert C. Dolan, Jerry L Stevens, , Experiential Learning for Undergraduates in Economics and Finance: A True Top-Down Investment Fund, Journal of Financial Education, 2010, 120-136

Jerry L Stevens, Douglad R. Kahl, Ex-Ante Performances from Ex Post Models of Global Equity Market Correlations, Global Finance Journal, 2009

Jerry L Stevens, John M. Clinebell, Douglas R. Kahl, Lisa A. Schwartz, Gender Differences for Behavioral Biases, Journal of Financial Education, 2009

Jerry L Stevens, John Clinebell, Lisa Swartz, The Effect of Behavioral Finance Education on Students' Behavioral Biases, Journal of the Academy of Business Education, 2008

Robert C. Dolan, Jerry L Stevens, Business Conditions and Economic Analysis: An Experiential Learning Program for Economics Students, Journal of Economic Education/Heldref Publications/, 2006, 10 www.heldref.org

William T. Charlton, Jr., M. Carol Lancaster, Jerry L Stevens, Industry and Liquidity Effects in Corporate Investment and Cash Relationships, Journal of Applied Business Research, 2002, 131-142

John Clinebell, Douglas Kahl, Jerry L Stevens, Integration of LIBOR and Treasury bill Yields over Different Monetary Regimes, Global Finance Journal, 2000, 14

Jerry L Stevens, William Charlton, Search for Excellence among College Undergraduates: Applications of Finance Principles to Student Transcripts, Financial Practice and Education/Financial Managment Association, 2000, 7

M. Carol Lancaster, Jerry L Stevens, Corporate Liquidity and the Significance of Earnings Versus Cash Flow: An Examination of Industry Effects, Journal of Applied Business Research, 1999, 37-46

M. Carol Lancaster, Jerry L Stevens, Corporate Liquidity and the Significance of Earnings Versus Cash Flows, Journal of Applied Business Research, 1998,27-38

Manuel L. Jose, M. Carol Lancaster, Jerry L Stevens, Corporate Returns and Cash Conversion Cycles, Journal of Economics and Finance, 1996,35-48

Manuel L. Jose, M. Carol Lancaster, Jerry L Stevens, Stability of Excellence: Revealed Patterns in Tobin's q-Ratios, Journal of Applied Business Research, 1996, 83-92

M. Carol Lancaster, Jerry L Stevens, Debt Term Structures: Beyond Yield to Maturity Assumptions, Financial Practice and Education, 1995,125-137

M. Carol Lancaster, Jerry L Stevens, Risks and Rewards from High-Yield Stock Investments, Journal of Financial Planning, 1994, 124-130


Education
B.S., Southwest Missouri State University 1972
Economics
M.S., University of Illinois 1977
Economics
Ph.D., University of Illinois 1980
Economics
Contact Information
368 Queally
(804) 289-8597
(804) 289-8878 (Fax)
Areas of Expertise
International Finance
Investments
Corporate Finance
Corporate Investment Decisions
Global Equity Markets