College of Business: University of Illinois at Urbana-Champaign

Important Site Links

Cannaday Named Emeritus


Roger Cannaday.Associate Professor of Finance Roger Cannaday retired from the University of Illinois on July 15 after more than 27 years of service. He was named an emeritus professor at a retirement reception on July 14.

During the reception, Department of Finance Chair David Ikenberry offered some facts and figures to the large crowd of faculty, staff, and friends assembled to wish Cannaday well:

  • MS students mentored: almost 1,100
  • PhD students mentored: 80
  • Rho Epsilon students imapacted: more than 1,700
  • Estimated number of students in the 120 sections of the five classes he taught: approximately 4,400

Of particular note is the significant growth of the MS in Finance program. In 1995, when the current curriculum and basic structure was launched, 15 students were enrolled. Eleven years later, in 2006, the program welcomed 103 students, an increase of almost 600%.

In addition to Ikenberry, Cannaday was lauded by his colleague at Illinois and in the real estate program Peter Colwell, who gave the long-time Phillies fan numerous mementos of the glory days of the team. Former students Mark Sunderman, a professor of finance at the University of Wyoming, and Joe Trefzger, professor of finance at Illinois State University, spoke about Cannaday's commitment to his students and his keen interest in their work and efforts.

In retirement, Cannaday will teach some real estate classes and work with the Illinois Real Estate Alumni Forum.  He will also continue to work with Rho Epsilon, the student real estate association, where he has been an advisor for more than two decades. He has served as the academic lead for the MS in Finance program for more than a decade.

Cannady has a PhD from the University of South Carolina, an MCE from North Caroline State University, and a BS from Virginia Polytechnic Institure & State University. His research focus has been on the valuation of real estate. He has served as a consultant to State of Illinois Attorney General's Office; Commercial Real Estate Training, Inc., Hoffman Estates; Appraisal Research Counselors, Ltd., Chicago; LBC & W Consultants, Inc., Columbia, S.C.


Cannady and the MSF staff Roger Cannaday poses with the other staff who work together to make the MS in Finance program a success: (l-r) Stacy Heater, assistant director; Cannady; Cathy Tyler, program secretary; and Shelley Campbell, MSF director.
Cannady opens his retirement gifts. Roger Cannaday received numerous retirement gifts, including a framed image of the Hallene Gateway on campus, a fitness club membership, and memorabelia from games played by his favorite baseball team, the Phillies.

UIUC College of Business