Research Associates

 Biswas

Rita Biswas
Ph.D. - Texas A&M
Associate Professor
Professor Biswas’ research interests include international financial markets and banking. She has published in journals such as The Financial Review, Journal of Financial Services Research, Review of Futures Markets, Global Finance Journal, and more recently, in Journal of Risk Management in Financial Institutions and International Journal of Media Management. Her teaching interests are in financial management, M&As, and international corporate finance. She has won several undergraduate and graduate teaching awards including the President’s Award for Excellence in Teaching (University at Albany, 2012-13) as well as the Chancellor’s Award for Excellence in Teaching (SUNY system-wide, 2013-14).  She is a frequent teacher in Executive MBA programs worldwide, including at the Frankfurt School of Finance and Management, Bankakademie, Germany and at Universidad del Salvador, Buenos Aires, Argentina. Professor Biswas received a Master’s in International Economics from University of Rochester, NY in 1985 and a Ph.D. in International Finance and Banking from Texas A&M University, TX in 1990. She enjoys foreign travel, languages and cultures.

Photo of Professor Na Dai

Na Dai
Ph.D. - Kansas
Associate Professor
Professor Dai conducts research in corporate finance, financing for entrepreneurship and innovation, venture capital, private equity and hedge funds. Her scholarly works have appeared in Financial Management, Journal of Banking and Finance, Journal of Corporate Finance, Journal of Business Venturing and Entrepreneurship Theory and Practice. She is co-author of the book, Hedge Fund Structure, Regulation and Performance around the World (Oxford University Press, 2013). She has received both research and teaching awards at the School of Business.

miller

Ross M. Miller
Ph.D. - Harvard University
Clinical Professor (Late)
Professor Miller founded General Electric's quantitative finance research group, and has published actively in the areas of portfolio and risk management and experimental markets. Recently he developed a method to determine the “active investment share” and “active expense ratio” for mutual fund portfolios. He is also co-author of the bestselling book, What Went Wrong at Enron (John Wiley & Sons, 2002).

 Louis Piccotti

Louis R. Piccotti
Ph.D. - Rutgers, The State University of New Jersey
Assistant Professor
Piccotti joined the University at Albany in 2014.  His primary research interests include empirical asset pricing, market efficiency, and applied financial econometrics/time series analysis.  He has presented his research both domestically and internationally and his research has been on the Social Science Research Network (SSRN) top 10 download list for the areas of Banking & Financial Institutions; Capital Markets; Capital Markets: Market Efficiency; Microeconomic Theory; Econometric Modeling: International Financial Markets-Volatility and Financial Crises; Econometric Modeling: International Financial Markets-Foreign Exchange; Efficient Market Hypothesis Models; Foreign Exchange Models; Global Markets; Microeconomics: General Equilibrium & Disequilibrium Models of Financial Markets; Mutual Funds, Hedge Funds, & Investment Industry.

hany

Hany A. Shawky
Ph.D. - Ohio State
Professor and Associate Dean
Professor Shawky served as Director for the first five years of CIIM’s existence. He has published over 40 refereed scholarly articles, and was recipient of the School of Business Research Award in 1996 and 2001. His research has been in the area of market volatility, portfolio strategy, mutual funds, and hedge funds. Professor Shawky has consulted in the areas of banking and mergers & acquisitions with corporate and government clients worldwide.

smith

David M. Smith
Ph.D. - Virginia Tech
Associate Professor and current CIIM Director
Professor Smith, a CFA charterholder and Certified Management Accountant, presently conducts research in the areas of mutual funds and corporate dividend policy. He received various School of Business Teaching Awards, the President’s and Chancellor’s Awards for Teaching Excellence (2004), and the Financial Frontiers Award for Research Excellence (2006) from Janus and the Financial Planning Association.

Photo of Professor Yvonne Wang

Yvonne Wang
Ph.D. - Penn State
Assistant Professor 
Professor Wang, a CFA charterholder, conducts research on mutual funds, hedge funds, and fixed income markets. Her recently published work appears in Management Science, Journal of Financial Intermediation, Financial Management, Journal of Financial Markets, and Journal of Banking and Finance. She has won several awards including the Midwest Finance Association Meeting Best Paper Award in Risk Management and the Dean's Award for Outstanding Faculty Research.