As a professor of finance at UH West Oʻahu, I am interested in helping my students prepare for the job market and/or graduate school and conducting research related to financial markets. I have demonstrated a commitment to the scholarship of teaching and learning at the UH West Oʻahu by publishing several articles in regionally, nationally, and internationally recognized journals in my field. My past research primarily focus on price volatility and its impact on the financial markets and institutions (stocks, currencies, banks, etc.) and real estate. My research allows me to stay current in my field and integrate the latest developments in the world of finance into my lectures. In addition, I have presented my work at regional, national, and international conferences, seminars, and workshops.
Ph.D. Business Administration
Concentration in Business Economics with an emphasis in Finance.
University of Illinois, June 2003
Master of Business Administration
Concentrations in Finance and International Business with a specialization in Accounting.
University of Chicago, June 1993
Emphasis on economic theory and international business. Cum Laude Graduate.
Wheaton College, May 1989
Academic Teaching Experience:
2008-Present: University of Hawai‘i–West O‘ahu
Professor. Teaching introductory and intermediate level courses in Finance. Developed new concentration in Finance for the West Oahu campus. Developed and delivered distance learning curriculum and courses for inter-island campuses. Utilized Sakai (Laulima), Elluminate, Blackboard eCollaborate, Textbook Publisher’s online support sites (Course Smart, CONNECT, myfinancelab, myeconlab) as well as satellite video conferencing to assist in the delivery of distance education. Developed and implemented Risk Management and Insurance Certificate Program.
2004-2008: Trinity Christian College
Associate Professor. Taught introductory and intermediate level courses in Economics and Finance. Designed and proposed a new course in free enterprise/service learning. Helped establish an exchange student relationship with Taeshin Christian University in South Korea. Advised and counseled students on academic, personal, and professional matters. Helped students obtain internships and full-time jobs.
2000-2008: National-Louis University (M.B.A. Program)
Adjunct Faculty. Taught graduate level courses in Financial Markets, Financial Management, Managerial Economics, Macroeconomics, and Managerial Accounting. Online discussion forum (WebCT) was emphasized in the delivery of all MBA related coursework.
Fall 2007: Illinois Institute of Technology
Adjunct Faculty. International Finance and Options & Futures courses for the Stuart School of Business.
Summer 2004: Hawai‘i Pacific University
Adjunct Faculty. Managerial Economics.
2001-2004: Wheaton College
Assistant Professor. Econometrics, Intermediate Microeconomics, Money and Banking, Principles of Accounting, Consumer Finance, Principles of Macroeconomics, and Principles of Microeconomics. Supervised business students’ internships, designed a new finance course, and assisted in the proposal of a new business/leadership minor.
1996-2001: College of DuPage
Assistant Professor. Principles of Finance, International Business, International Finance, International Management, Principles of Management, Purchasing, Human Resource Management, Supervision, Principles of Marketing, Introduction to Business, Financial Accounting, Accounting Procedures. Developed the International Finance course curriculum as well as International Finance modules. Restructured and redesigned the International Business Simulation course and all International Business related certificates. Supervised business students’ co-op programs.
1999-2000: Maccormac College
Associate Professor/Chair. Taught undergraduate courses in Accounting, Economics, International Business, Management and Statistics. Hired, scheduled, and evaluated faculty. Developed new program in Computer Information Systems and assisted in the quarter-to-semester conversion process.
1997-1999: University of Illinois
Visiting Lecturer. Consumer Economics, Principles of Macroeconomics, Principles of Microeconomics, Intermediate Microeconomics, Managerial Communications.
1998-1999: Depaul University
Adjunct Faculty. Principles of Accounting.
Administrative and Corporate Work Experience:
2013-2014: University of Hawaiʻi – West Oʻahu
Associate Vice Chancellor for Academic Affairs. Responsibilities includes the following: UH West Oʻahu 2015 Hawaii Graduation Initiative goals of increasing student retention and graduation rates; leading campus’ assessment and reaccreditation efforts; interpret and prepare academic policies, procedures, requirements, and provide oversight of program reviews; monitor academic programs and make recommendations for changes; assess and analyze internal and external data and draft reports and proposals relating to academic planning and policy; coordinate the search and hiring of new faculty and administrative staff; help to create and oversee international programs, including study abroad; faculty development and related issues; responsible for development of new programs including sustainability initiatives, STEM (Science, Technology, Engineering, and Math) Center, and indigenous studies. Developed and implemented Early College Program with Leeward area high schools and the UH West Oʻahu Senior Citizen’s Visiting Program, helped institutionalized the funding for the Center for Teaching and Learning Excellence, formed international program partnerships with universities in China and Korea.
2006-2007: Trinity Christian College
Vice President for Finance and Administration. Responsible for financial and business operations as well as infrastructure development and support of the college. Responsibilities included the following: financial analysis, budgeting, and forecasting; investment management; legal affairs; staff contract and salary administration; liaison with the board finance & audit and investment committees; college information management system; construction and renovation projects; debt management; supervision of auxiliary operations managers, controller and business director, director of information technology, director of physical plant operations, director of human resources.
1994-1997: Tong Yang Futures America
Derivatives Trader. Assisted in establishing a commodities futures and options trading operation for a multi-billion dollar Korean corporation. Developed trading models and trading portfolios. Specialized in trading Treasury bonds and foreign currencies. Designed and implemented the back-office system. Instructed trader trainees from major multinational corporations in Korea.
1990-1994: Waldner & Company
Research Analyst. Designed and implemented trading models and strategies for futures, options, cash, and forward markets. Analyzed trading performance and portfolio development. Developed foreign currency risk exposure management models and techniques for multinational corporate clients.
1988-1989: Chicago Research & Trade Services
Trader’s Assistant. Monitored hedge positions of trades for bond and grain traders. Phone clerk for Treasury bond and soybean trading pits. Responsible for settling out trades for Chicago Research and Trade’s mock trading class.
- Business Finance
- Corporate Finance
- Money & Banking
- Capital Markets
- Managerial Economics
- Principles of Macroeconomics
- Principles of Microeconomics
- Service Learning
- Independent Study
- International Finance
- Business Practicum
- Senior Project
“Performance of Nonlinearity Tests on Nonlinear Asymmetric Time Series" (with Jin Man Lee), The Journal of Economic Asymmetries,Vol. 9, No. 2, 11-44. December 2012.
“Transmission of Returns between the U.S. Stock Market and Four Other Major International Stock Market Indexes” (with Frank Kudo), Journal of Economics and International Finance, Vol. 3, No. 7, 468-474. July 2011.
“Asymmetric Threshold Linkages of Inter-Sector Activity in International Equity Markets” (with Jin Man Lee), International Journal of Economics and Finance, Vol. 3, No. 2, 52-64. May 2011.
“Volatility Relationship between Stock Performance and Real Output” (with Jin Man Lee), Applied Financial Economics, 16, 777-784. July 2006.
"Price Rent Dynamics for Small Multifamily Housing Using Local Projections" (with Ji Hwan Kim and Jin Man Lee), Working Paper.
"Analyzing South Korea, Hawaii, and Japan's Real Estate Market and Financial Institutions" (with Sang Ik Jung), feasibility study with J-1 scholar.
“Commercial Bank Size and the Performance of Multifamily Mortgages” (with Jin Man Lee and Jin Wook Choi), Working Paper.
“International Evidence of the Relationship between Stock Returns and Real Activity: A Bivariate Vector Autoregreesive and Bivariate Generalized Autoregressive Conditional Heteroskedastic Approach.”
Prior to entering the world of higher education, I worked eight years in corporate America as a research analyst and derivatives trader. I specialized in trading T-bonds and foreign currencies and the development of trading models and exposure management.
"Price Rent Dynamics for Small Multifamily Housing Using Local Projections." 49th Annual Illinois Economic Association Conference. Chicago, Illinois. November 2019.
"Shifts in Affordable Housing Stock: Micro-evidence from Small Multifamily Homes." 48th Annual Illinois Economic Association Conference. Chicago, Illinois. November 2018.
“The Impact of Housing Crisis on Performance of Commercial Banks.” 79th Annual Midwest Economics Association Conference. Minneapolis, Minnesota. March 2015.
“Optimal Level of Intellectual Property for Biomedical Sciences.” Workshop for Gachon University Biochemistry graduate students. Seoul, South Korea. December 2014.
“Relationship between Home Loan Default Rate and Size of Bank.” 44th Annual Illinois Economic Association Conference. Chicago, Illinois. October 2014.
"Performance of Community Banks and Housing Crisis.” 17th Annual Asian Real Estate International Conference. Kyoto, Japan. June 2013.
“Understanding Financial Systems and Institutions.” Seminar for Ph.D. students in Business. Kazakh Economic University. Almaty, Kazakhstan. September 2012.
“Understanding the Recent Financial Crisis.” Seminar for International Business Students. Kazakh-American Free University. Ust-Kamenogorsk, Kazakhstan. March 2011.
“Importance of Higher Education.” International Conference Commemorating the 20th Anniversary of Kazakhstan Independence. Ust-Kamenogorsk, Kazakhstan. March 2011.
“An International Study of Transmission of Returns on Various Stock Market Indexes.” 74th Annual Midwest Economic Association Conference. Evanston, Illinois. March 2010.
“Analysis of Recent Real Estate Foreclosures in the Chicago Market - Focusing on the Korean Community in Cook County.” Chicago, Illinois. June 2009.
“An Empirical Investigation Questioning the Benefits from International Diversification in Stock Indexes.” Brown Bag Luncheon Series. University of Hawaii – West Oahu. Pearl City, Oahu. April 2009.
“An International Study of Inter-Sector Dependencies on Stock Market Indexes – A Nonlinear Approach.” 38th Annual Illinois Economic Association Conference. Chicago, Illinois. October 2008.
“Derivative Products I & II.” Seminar for Financial Service Brokers and Financial Instrument Traders. New York Institute of Finance. Chicago, Illinois. May 2008.
“Monetary Policy and the Federal Reserve System.” 21st Century Seminar. Yanbian University of Science and Technology. Yanji, China. May 2007.
“Economic, Social, and Biblical Perspective on Illegal Immigrant Children.” National Christian Multicultural Student Leaders Conference. Wheaton, Illinois. November 2005.
“Accounting for Financial Derivatives.” Back Office Seminar. Morgan Stanley Dean Witter Institutional Futures School. Chicago, Illinois. May 1997.
“Socialism versus Capitalism.” Seminar for Chinese English Teachers. Henan University. Zhong Zhou, China. July 1991.
- Certified Public Accountant, State of Illinois (not in public service)
- Series 3 – Futures and Commodities License
Academic Membership Experience:
- University of Hawaii Professional Assembly Faculty Representative for UH West Oʻahu
- Director of the Risk Management & Insurance Program
- Advisor for International Initiatives
- Member of the Universities Commission (WASCUC) Accreditation Visitation Team
- American Finance Association
- Midwest Economic Association
- Hawaii Economic Association
Board Membership Experience:
- Risk Management and Insurance Program Advisory Board
- E2 Educational Services Board of Directors
- Pacific School of Religion Board of Trustees
- QE2 Systems Foundations Board of Directors
- Kaimuki Christian Church Board of Elders
- University of Hawaii Professional Assembly Board of Directors
- Hawaii Economic Association Board of Directors
- Hawaii Council on Economic Education Board of Directors
Faculty Advisor Experience:
- Business Club
- Economics Club
- Investment Club
- Students in Free Enterprise Club
- RISE Christian Club
Committee Membership Experience:
- Faculty Senate
- Student Affairs
- Distance Education
- Budget and Resource
- Faculty Personal (FPC)
- Division Personal (DPC)
- Faculty and Staff Search Committee
- Chancellor's Achievement Award Scholarship, chair
- WASC EER Steering, chair
- Distinguished Visiting Scholar, chair
- Curriculum, chair
- Tenure and Promotion Review (TPRC)