Department of Finance News

In the News

---

Tune into finance lecturer and CFA Kevin Waspi on WILL's Focus.

Kevin Waspi reveals a few money-saving tricks for summer and answers your personal finance questions.
May 5, 2013:  

Chained CPI and the ups and downs of the cost of living

In an opinion piece in the Washington Post, Professor Jeffrey Brown voices his, "concerns about the adequacy of Social Security benefits for seniors at the low end of the income distribution."
April 17, 2013:  

Six simple steps to pension reform

Professors Jeffrey Brown and Avijit Ghosh outline their pension reform plan in this editorial in Crain's Chicago Business.
April 9, 2013:  

Global Business Brigade's Spring Break in Panama

For the past couple of years, sophomore, Matthew Aulert has found a unique way to spend his spring break, and it wasn’t on the shores of Panama City Beach. Aulert put his finance skills to good use abroad as he traveled with fellow classmates to empower and educate rural communities in the Republic of Panama about financial planning.
March 18, 2013:  

Six Simple Steps to Reforming the State Universities Retirement System (SURS)

A group of scholars, which includes three faculty members from the College of Business, has developed a six-step proposal to stabilize pensions for employees of the state’s public colleges and universities.
March 13, 2013:  

Nobel Prize-winning economist Peter Diamond delivers David Kinley Lecture

"Delivering the David Kinley Lecture on the University of Illinois campus Thursday, Diamond said he's particularly worried about the effects of long-term unemployment on young people."
March 7, 2013:  

Investing in Financial Literacy

Teaching students to use “fake money” that imitate real life scenarios of the stock market is what inspired Finance professor, Elisabeth Olthehen to spearhead a program that has captured the attention of students and teachers worldwide.
March 3, 2013:  

John Donahoe, CEO of eBay, Delivers Hallene Lecture

John Donahoe, CEO of eBay, delivered the Hallene Lecture at the Business and Instructional Facility last week. Mr. Donahoe, a native of Illinois, was previously managing director at Bain and Company before moving to eBay in 2005. In February, Fortune magazine named eBay in its list of most admired companies in the world.
March 3, 2013:  

Research: Endowment Shocks & Charitable Donations to Higher Education

In the year after a university experiences a negative shock equal to 10 percent of its annual operating budget, donors increase giving by 1 percent.
February 26, 2013:  

Where Is Your Fund Manager From?

Famed Fidelity manager Peter Lynch always said “invest in what you know.” Research by University of Illinois at Urbana-Champaign Ph.D. candidate Quoc Nguyen backs that up, revealing an “information asymmetry” that can give cultural insiders an edge in managing U.S. stock funds that have an international stock component.
February 8, 2013: