Dr. Nivine Richie, Associate Dean of Graduate & International Programs and Professor of Finance
"As a young banker in the 1990s, I taught a night course for the American Bankers Association (ABA) in economics and discovered I loved teaching. So when the opportunity came to leave industry, earn a Ph.D. and seek a tenure-track faculty position, I grabbed it. Best decision ever."
- Ph.D. in Finance – Florida Atlantic University, 2004
- B.S. in Finance – Penn State University, 1988
- Earned CFA charter in 1995
- Former banker and mortgage-backed securities bond trader for a regional dealer bank in Pennsylvania and Florida
- Taught Money, Financial Institutions, and Markets at Harvard Summer School in 2010 and 2011
- Awarded the 2011 MBA "Outstanding Faculty Award" as well as the "Discere Aude" mentoring award in 2013 and 2008
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In which online programs do you teach?
Which class do you teach online?
MBA Investment Analysis, MSF Derivatives
What types of projects can online students expect in your course?
Discussion boards, weekly individual deliverables, term group projects, individual assignments using excel
What do you want students to learn in these courses?
What is the expected learning outcome?
MBA Investment Analysis provides an overview of financial markets and their participants. We will discuss modern portfolio theory and related concepts of expected return and risk. The characteristics and valuation of stocks, bonds and derivatives are covered, and students will be introduced to the Efficient Market Hypothesis and behavioral finance.
MSF Derivatives provides a deeper understanding of derivatives and their characteristics with a detailed examination of each market and its contracts. Students will learn to apply the tools used by financial analysts to estimate the value of futures, forwards, options and swaps and use these derivative instruments in various strategies.
What advice would you give to those considering this online program?
Online programs are great in terms of flexibility, but they require that you keep up with the content on a regular basis. Trying to catch up on missed material is very difficult, but it can be avoided by regularly logging into the class throughout the week.
Why did you start teaching?
As a young banker in the 1990s, I taught a night course for the American Bankers Association (ABA) in economics and discovered I loved teaching. So when the opportunity came to leave industry, earn a Ph.D. and seek a tenure-track faculty position, I grabbed it. Best decision ever.
What is the one book you think everyone should read?
In finance, anything by Michael Lewis (“Liar’s Poker” or “The Big Short”). Outside of finance, anything by C.S. Lewis, like the “Chronicles of Narnia.”
Tell us something interesting about yourself that your students might not know.
I love camping, even though I have trouble finding the time to get away. And when I say camping, I mean sleeping in a tent, cooking over a fire—the whole package. Raymond B. Winter state park in Pennsylvania (known to locals as Halfway Dam) is one of my favorites, though Myrtle Beach State Park is a favorite as well.