Professor Purtell’s teaching and research interests focus on the application of managerial and corporate finance principals to the management and governance of nonprofit, healthcare and governmental organizations. Most recently, his research has focused on the related issues of fair-market pricing in the conversion of nonprofit organizations to for-profit status and the decision processes surrounding such decisions. He has also begun to focus on ways of applying variations on corporate-finance metrics to assess risk in nonprofits and public organizations.
He received his MBA from the Stern School of Business at NYU and his PhD in Public Administration from NYU’s Wagner Graduate School of Public Service. Professor Purtell brings more than 30 years of hands-on experience to both the classroom and his research. During the earlier part of his career, he held positions ranging from project manager at New York City’s Human Resources Administration to Assistant to the President at American Express to Director’s level positions at several major Wall Street firms. For the ten years immediately prior to coming to Rockefeller College, he taught a broad range of finance courses at NYU.