This Year the Lubin Spring Banquet has decided to nominate a Lubin professor as the Professor of the Year. The four professors that are being nominated are Professor Matthew Morey, Lee Tagliaferri, Suzanne O'Callaghan, and Joseph DiBenedetto. Below are the biography's of each of the nominated professors.
Matthew Morey is a professor of finance at the Lubin School of Business at Pace University. He has been at Pace since 2000. He is also currently the New York Stock Exchange Research Scholar and the assistant director of the Center for Global Finance. Professor Morey received his undergraduate degree from the University of North Carolina at Chapel in 1989. He received his Ph.D. in economics from the University of California, Irvine in 1993. In 1993-1994 he was a Fulbright scholar to South Asia (Bangladesh). From 1995-99 Professor Morey was an assistant professor of economics at Fordham University in the Bronx, NY. From 1999-2000, he was a visiting professor at Smith College in Northampton, MA.
In terms of research, Professor Morey’s main interest is mutual fund economics. This research has been published in some the leading finance/banking journals including Journal of Empirical Finance, the Journal of Banking and Finance, the Journal of Financial and Quantitative Analysis, and Financial Analysts Journal. Moreover, his work has been cited numerous times in the financial press including the Wall Street Journal, New York Times, Financial Times, Washington Post, Chicago Tribune, Money Magazine, National Public Radio, and CNBC and has received outside funding from organizations such as TIAA-CREF and the Investment Management Consultant Association (IMCA).
Professor Morey received the 2003 Investment Management Consultants Association’s Journalism Award for his paper Rating the Raters. In 2004 he testified as an expert witness before Congress on mutual fund regulation. He has also done expert witness testimony in the wake of the mutual fund scandals of 2003-2005, and has done consulting for Alliance Bernstein.
Professor Morey is currently on the editorial board of the Journal of Investment Consulting.
In terms of teaching, Professor Morey mainly teaches Finance 260 which is the introduction to Finance course at Pace University. He also taught courses in international finance, mutual fund economics, and Doctoral Courses in Economics. Since 2000, he has taught an estimated 1600 students at Pace. He uses a combination of lecture, small group discussions and videos to teach financial economics.
Joseph DiBenedetto came to Pace College (later university) as an instructor in accounting in 1971 at age 24. At the time, he was a CPA and had both his B.S. in Economics from Villanova University and his MBA in Accounting and Tax from Long Island University. He came to Pace from four years of working in public accounting. His intention was to earn his law degree while taking on the" less stressful" job of teaching at the college level and then return to public accounting or to law. Unfortunately, he found that teaching was too rewarding, so even though he did earn the JD degree from Brooklyn Law School, he never left Pace.
For the first 35 years of his Pace career, he was a member of the Westchester faculty and in 2006 transferred to the New York campus. He has taught in the undergraduate, graduate and law schools of Pace as well as in Pace sponsored off site programs. (For programs as diverse as IBM, the Salvation Army, Corning Glass, and NYNEX.) During the entire period of his time at Pace, he has maintained a practice in public accounting and an involvement in the Pace and professional community.
All the time at Pace has allowed him to teach nearly every course in the accounting curriculum as well as University 101 and a course in the business and literature of baseball. He is currently designed a course on "Stuff - All you need to know about American Cultural History." He is often asked if he likes the Westchester students or the NY students better. His answer is "yes."
The best thing about teaching is seeing students succeed, whether just on the current quiz or long after graduation. Dozens of his former students have become partners in major and not so major accounting firms - three of them currently are on the Lubin Advisory Board. For a period of five straight years in the late 70s and 80s, when he was department chair, accounting students from Pace Westchester finished first (and in some years second, too) on the CPA exam for NY. (In one of those years a Pace student finished number one in the entire country on the CPA exam.) And watching young people learn remains amazing even after 38 years of teaching.
The best part of Pace is being a positive part of the life of a person who is interested in learning. There is no profession that can be any better.
Dr. Susanne O'Callaghan is the Anthony Pustorino CPA Scholar at Pace University. She has been teaching at Pace for 15 years. In addition to teaching accounting in the graduate program, she oversees Pace University's CPA Review courses and counsels students on the CPA exam process.
Dr. O'Callaghan has had over thirty years of experience in the business world including working in public accounting, internal auditing, consolidations and the actuarial field. In addition, she has been involved in many successful entrepreneurial ventures.
Her research areas include risk assessment, fraud, internal controls and ethics. Her research has been disseminated through over 20 academic presentations, 30 academic proceedings and 16 research publications.
Dr. O'Callaghan earned her Doctor of Philosophy (Ph.D.) in accounting at the University of Cincinnati in 1994 and her Masters from the University of Nebraska-Lincoln. She is a Certified Public Accountant in the State of Nebraska and is a Certified Internal Auditor.
Lee G. Tagliaferri
Lee Tagliaferri graduated from the Wharton School, University of Pennsylvania with a B. S. in Accounting and the Graduate School of Business, University of Chicago with an M.B.A. in Finance. He has been a professor at Pace University since 1975. Previously, he held positions from 1958 to 1975 in corporate accounting, investment fund management, and investment banking. He is a Certified Management Accountant.
For the past fifteen years, Prof. Tagliaferri has taught, for the most part, financial and managerial.accounting. Most of his students in the two core required courses are not accounting majors. Accordingly, the traditional tutelage of textbooks is supplemented in his lectures with pedagogy oriented for non-accounting majors. In his supplement, obsolete textbook journal entries with debits and credits which teach, indirectly, how a business transaction changes the financial position of a company, the essence of accounting pedagogy, are replaced with a direct approach of transaction analysis in a balance sheet model. The supplement, which also encompasses computer bookkeeping, makes accounting easier to learn, compared to textbook tutelage.
The published academic papers of the ongoing research of Prof. Tagliaferri are focused on accounting pedagogy and the capitalization of intangible assets. In accounting pedagogy, he suggests major revisions to textbooks to eliminate debits and credits, based upon his study of postulates forming contemporary tutelage. In the topic of intangibles, he has suggested augmentations to the International Financial Reporting Standards, based upon empirical evidence of R & D uncertainties when applying the theory of risks in managerial decisions expounded by the noted economist, Frank H. Knight.