Open Enrollment Faculty M-S

A. Craig MacKinlay has been a faculty member at Wharton since 1984. He is a Research Associate of the National Bureau of Economic Research, a member of the Journal of Investment Consulting Advisory Board, a member of Morgan Stanley Institutional Equity Trading Academic Advisory Board and a former member of the Board of Directors of the American Finance Association and the NASD Economic Advisory Board. His research interests include empirical implementation and validation of asset pricing models, measuring investment performance, pricing of futures contracts, microstructure of financial markets, assessment of credit risk, and statistical methods in finance.

Professor MacKinlay has coauthored two books, one entitled the Econometrics of Financial Markets and another entitled A Non-Random Walk Down Wall Street. He has also published in numerous journals, including the Review of Financial Studies and the Journal of Financial Economics. His honors include the Paul A. Samuelson Award for Outstanding Scholarly Writing on Lifelong Financial Security, and the Oxford University Press Century Publication Celebration 100 Best Papers of All Time Award.

Ian MacMillan has published many articles and books on organizational politics, new ventures, and strategy formulation and is co-author, with Rita McGrath, of the best-selling The Entrepreneurial Mindset (Harvard University Press, 2000), which focuses on how managers and entrepreneurs can create a continuous stream of growth opportunities for their firms.

Dr. Richard Marston is the James R.F. Guy Professor of Finance at the Wharton School and the Director of the George Weiss Center for International Financial Research. He has a BA from Yale University (summa cum laude), BPhil from Oxford University, and PhD from MIT. He is the recipient of a Rhodes Scholarship and a Fulbright Fellowship. Dr. Marston is the author or editor of six books, including International Financial Integration among the Industrial Countries, which won the Sanwa Bank Prize in International Finance.

Dr. Marston regularly participates in the Investment Management Consultants Association (IMCA) Program and the Advanced Management Program. He is also director of the Institute for Private Investors Program at Wharton.

Dr. Marston has given presentations in more than a dozen countries in Europe, Latin America, and Asia. He has also given presentations for a number of securities firms in the United States, including most recently Merrill Lynch, Lincoln Financial, and Smith Barney. His work has been widely cited in the press, including publications such as Barron's, the Financial Times, Newsweek, and The Wall Street Journal, and he has also appeared on television programs such as the Nightly Business Report and on CNBC.

Monica McGrath, PhD is adjunct assistant professor of management at the Wharton School, University of Pennsylvania. She is the former director of leadership development for the Wharton MBA program in the graduate division. Monica has taught a variety of subjects related to leadership and organizational behavior. In addition she is instrumental in the design and delivery of a number of Wharton's executive education programs for senior executives. She co-designed Wharton's first leadership course for women: Women in Leadership: Legacies and Opportunities. Dr. McGrath also designed and delivered The Executive Coaching Workshop a course for international coaching professionals, and a program for women reentering professional positions, UBS Career Comeback: A Fellowship Program for Women Returning to Work.

Monica currently serves as academic advisor to the Wharton partnership with Goldman Sachs on their 10,000 Women Initiative, a program designed to build business knowledge of women entrepreneurs throughout the world, and the 10,000 Small Businesses Initiative designed to assist small business owners across the United States to gain access to business education. She recently designed an innovative one-week course for the top 200 global microfinance executives for Wharton Executive Education and the Center for Microfinance Leadership.

Ethan Mollick studies entrepreneurship and management in innovative industries, and the innovation process itself.  He is the co-author of Changing the Game: How Videogames are Transforming the Future of Business, and his research includes papers on the role of founding team members in the success of start ups; the way in which communities of users come together to innovate; and the factors that drive the performance of entrepreneurial companies.

Dr. Mollick cofounded a company and has worked as a management consultant with organizations ranging from DARPA to General Mills on topics of innovation and entrepreneurship. He currently teaches the Introduction to Entrepreneurship class at Wharton.

Co-author of The Art of Woo: Using Strategic Persuasion to Sell Your Ideas, Mario Moussa directs and teaches programs for hospital leaders and physicians, corporate security managers, and energy and banking executives. He teaches negotiation, influence, strategy, change, and corporate culture and is co-director of Wharton's Strategic Persuasion Workshop: The Art and Science of Selling Ideas. Previously, he was a principal at CFAR, Inc., a management consulting firm that began as a Wharton research center. A specialist in large-scale organizational change initiatives, he has consulted to many of the world's leading corporations, universities, and foundations, including United Health Group, PNC Bank, the Georgetown University Medical Center, and State Farm Insurance. He has published widely in the field of organizational dynamics, power, and influence.

V. Paddy Padmanabhan joined INSEAD in 2002 after four years on the faculty of the Olin School of Business, Washington University, and eight years at the Graduate School of Business, Stanford University. His research focuses on distribution channels, retailing, pricing, and services marketing and management. He has served as a Visiting Professor at the Kellogg Graduate School of Management, Northwestern University, and has consulting, executive teaching, and expert witness experience with companies ranging from Fortune 50 corporations to startups across Asia, North America, South America, and Europe.

Roch Parayre is a senior partner and scenario-planning expert with Decision Strategies International, a consulting firm specializing in strategy. He teaches executives at the Wharton School, at CEDEP/INSEAD in France, and for the Institute of Management Studies. He has consulted with many of the Global 1,000 companies (including 3Com, Abbott Laboratories, Alcatel, American Airlines, American Re-Insurance, BASF, Baxter Healthcare, Bethlehem Steel, Brunswick Corporation, Cargill, Chubb, Citgo, Coca Cola, The Conservation Fund, Disney, EDS, Entergy, Givaudan, GlaxoSmithKline, Investors Group, J&J, Knight Ridder, Litton Industries, Lucent Technologies, Marathon Oil, MCI, Medtronic, Merrill Lynch, Microsoft, New York Life, PNC Bank, Progress Software, and Texas Instruments) and has led executive education seminars on the topics of decision making, scenario planning, creativity, and strategy. He was previously on the faculty at the Cox School of Business at SMU, where he won numerous MBA teaching awards. He holds a PhD in business strategy from the University of British Columbia, a master's degree in engineering-economic systems from Stanford University, and an undergraduate degree in operations research and mathematics magna cum laude from the University of Ottawa.

Kathy Pearson serves as an adjunct associate professor in the Operations and Information Management Department at the Wharton School. She has taught operations management courses in the MBA program and Executive Master’s of Technology Management program as well as probability and statistics, simulation modeling, and other courses for the department and the University of Pennsylvania. In addition, Kathy is President of Enterprise Learning Solutions and was previously a senior consultant and director, Executive Education, for Decision Strategies International (DSI), a management consulting firm focused on scenario-based strategic planning and decision making. She specializes in subject areas such as critical thinking, scenario planning, strategic decision making, project management, and stakeholder analysis. Kathy has also worked with executives from a wide variety of industries and has taught at CEDEP at INSEAD in Fountainebleau, France.

John Percival is active in the development and teaching of various Executive Education programs. At Wharton since 1971, he is the lead faculty on several open-enrollment programs: Integrating Finance and Strategy for Value Creation and The CFO: Becoming a Strategic Partner. He has also developed customized programs for companies such as GE Capital, Pitney Bowes, IBM, Fiat, Chubb, Hartford, American Skandia, Sun Life, Siam Cement, Scientific Atlanta, Ford, and Bankers Trust. He consults to organizations in both the public and private sectors, has authored or co-authored articles in numerous publications, and was recently the recipient of the WEMBA Program Core Teaching Award for Financial Analysis.

Professor Raju is a leading authority on competitive strategy and pricing. His research interests include pricing, strategic alliances, new-product introduction strategy, retailing, private labels, and corporate advertising. He teaches marketing management to the MBAs, pricing strategy to the Executive MBA students, and mathematical models in marketing to the PhD students. He is the academic director of Wharton's Strategic Marketing Essentials, Competitive Marketing Strategy, and Pricing Strategies Executive Education programs and is the marketing editor of Management Science. He holds a PhD in business, an MS in operations research, and an MA in economics from Stanford University. He also has an MBA from the Indian Institute of Management, Ahmedabad, and a BTech in electrical engineering from the Indian Institute of Technology, Delhi.

Professor Ramaswamy's research interests include investment management in stock and bond markets and the valuation and use of options and futures contracts. His current research includes tests of models of the term structure of interest rates, the relation between futures markets and cash markets, and the use of binomial models as approximations in valuing financial securities. His work has appeared in the Journal of Finance, the Journal of Financial Economics, and The Review of Financial Studies. Professor Ramaswamy has served on the board of directors of the American Finance Association and currently serves as a program advisor to the Institute for Quantitative Research in Finance.

He has taught graduate-level courses on investment management, financial engineering, and on options and futures markets, as well as a doctoral course on research methods in finance. Professor Ramaswamy has conducted seminars on risk management, options and futures trading, and derivatives in the US and in Latin America (in association with The World Bank), in Singapore (in connection with Wharton Executive Education), and in India (for The Wharton Alumni Association of India).

Professor Reibstein has conducted research into competitive marketing strategies, e-commerce resource allocation, promotion evaluation, product variety, brand equity, and market segmentation. He has authored numerous books, developed the ValueWar competitive simulation, and teaches marketing management and marketing research in the MBA program, where he has received numerous teaching awards, including national recognition for teaching among business school faculty in BusinessWeek and Fortune. He developed and coordinates several Wharton Executive Education programs such as Competitive Marketing Strategy and Wharton Marketing Metrics™: Linking Marketing to Financial Consequences. He helped found Bizrate.com, a leading infomediary that has surveyed more than three million Internet customers and was recently appointed to a new marketing task force for Major League Baseball called Major League Baseball in the 21st Century.

Nancy Rothbard is an award-winning expert in work motivation, teamwork, work-life balance and leadership, Dr. Rothbard was previously on the faculty of the Kellogg Graduate School of Management, Northwestern University and holds degrees from Brown University and the University of Michigan. She has published her research in top academic research journals in her field and her work has been discussed in the general media in outlets such as The Wall Street Journal, ABC News, Business Week, CNN, Forbes, National Public Radio, US News & World Report, and The Washington Post.

Dr. Rothbard has helped some of the world’s premier companies change their approaches to teamwork, leadership, and work motivation. Among other projects, she has worked with a Fortune 100 company to understand the factors that improve call center performance and customer service, a leading hotel chain to transform sales and hiring, financial service organizations to optimize their leadership and approach to sales.

Professor Ryan has been affiliated with Wharton since 1991 and teaches in the MBA, Executive MBA, and executive education programs, including programs jointly offered with Wharton's alliance partner, INSEAD. He works with executives as an advisor on strategy and change management assignments. He is also a frequent speaker at industry conferences. His teaching, consulting, and research interests include strategy implementation, strategic alliances, leading and building high-performance organizations, strength-based leadership, service management, and best practices in change management and executive education.

Dr. Ryan has held management positions in strategic planning, business development, and organization development with GE, GTE, and ARAMARK. He has also worked as a consultant in the Kepner Tregoe Strategy Group and at the Wharton Center for Applied Research.

He holds an MBA and a PhD from the University of Pennsylvania and attended the GE Crotonville executive education program.

Paul Schoemaker is the founder, chairman, and CEO of Decision Strategies International, a consulting and training company specializing in strategic planning and multimedia software. He has worked with numerous organizations (including Asian Development Bank, BBC, Coke, GlaxoSmithKline, IBM, ING, Knight Ridder, Merck, New York Life, Organon International, Petróleos de Venezuela, Royal Dutch Shell, Scottish Power, Shearson Lehman, Unilever, and the U.S. Army Corp of Engineers) and led executive programs on decision making and strategic thinking for executives in Europe, America, and the Far East. His research focuses on strategy under uncertainty, executive decision making, and managing emerging technologies. With J. Edward Russo, he wrote Winning Decisions (Doubleday, 2001); his latest book is Profiting from Uncertainty (Free Press, 2002). He was recently listed among the most cited researchers in business and economics.

Maurice Schweitzer's research focuses on emotions, ethical decision making, and the negotiation process. He has published in management, psychology, and economics journals such as the Academy of Management Journal, the Journal of Applied Psychology, Management Science, Organizational Behavior and Human Decision Processes, the Journal of Personality and Social Psychology, Psychological Science, and the American Economic Review.

Maurice teaches Negotiations and Advanced Negotiations in Wharton’s executive education, MBA, and undergraduate programs. He has won several teaching awards including Wharton’s Whitney Award for distinguished teaching and Wharton’s Hauck award for excellence in teaching. Maurice Schweitzer has won two best paper awards in the Conflict Management Division of the Academy of Management, and he has served as the program chair for both the International Association for Conflict Management and the Society for Judgment and Decision Making conferences. He served as an associate editor for Organizational Behavior and Human Decision Processes and Negotiation and Conflict Management Research. He is currently an associate editor at Management Science.

Greg Shea consults, researches, writes, and teaches in the areas of group effectiveness, organizational and individual change, and conflict management. In addition to his affiliations at Wharton, he is a partner in the Coxe Group, an international consulting firm serving the design profession; adjunct senior fellow at the Leonard Davis Institute of Health Economics; and senior consultant at the Center for Applied Research. He is a contributing editor to the Journal of Applied Behavioral Science.

An internationally recognized expert in law, dispute resolution, and negotiations, he is the author of several books: The Art of Woo: Using Strategic Persuasion to Sell Your Ideas; the award-winning Bargaining for Advantage: Negotiation Strategies for Reasonable People, a work which has been published in more than 14 language editions and appeared in 2006 in a revised and updated Second Edition; and Make the Rules or Your Rivals Will, a work on competitive strategy and law.

Professor Shell is the academic director of Wharton's Executive Negotiation Workshop and Strategic Persuasion Workshop: The Art and Science of Selling Ideas. He teaches in a variety of open-enrollment and customized programs. A partial list of his consulting clients includes the World Economic Forum at Davos, Switzerland, General Electric, Johnson & Johnson, Hewlett-Packard, Merck & Co., Citibank, Bank of America, and several of the largest labor unions in the United States.

Kenneth L. Shropshire joined the Wharton faculty in 1986 and specializes in the subject areas of sports business, negotiations, diversity, and general business law. He teaches the Negotiation and Dispute Resolution course both at Wharton's main campus in Philadelphia and at Wharton West in San Francisco. He is also president of the largest organization of attorneys in the sports business, the Sports Lawyers Association.

Shropshire has written extensively about the sports industry, including several award–winning books. His past consulting roles have included a wide variety of projects including work for the NCAA, National Football League, the United States Olympic Committee, negotiation training for IBM, Clorox, Fannie Mae and Major League Baseball and diversity training for entering Wharton School MBA students.

Jeremy Siegel is a world-renowned expert on the economy and financial markets. The author of the award-winning investment classic Stocks for the Long Run, now in its third edition, he recently expanded that book's ideas in The Future for Investors: Why the Tried and the True Triumph Over the Bold and the New. A frequent guest on CNN, CNBC, NPR, and other networks, he is a regular columnist for Kiplinger's and Yahoo! Finance and the winner of dozens of awards for his research, writing, and teaching. Professor Siegel served for 15 years as head of economics training at JP Morgan and is currently the academic director of the U.S. Securities Industry Institute.

Nicolaj Siggelkow’s current research focuses on the strategic and organizational implications of interactions among a firm’s choices of activities and resources. His research has been published in the leading management journals, including Academy of Management Journal, Administrative Science Quarterly, Journal of Industrial Economics, Management Science, Organization Science, and Strategic Organization. In 2008,he received the Administrative Science Quarterly Scholarly Contribution Award for the most significant paper published in ASQ five years earlier. Nicolaj is a member of the Editorial Review Boards of Administrative Science Quarterly, Organization Science, Strategic Management Journal, Strategic Organization, and Academy of Management Perspectives. Over the last several years, Professor Siggelkow has been a multiple recipient of the Wharton School’s MBA Excellence in Teaching Award.

Harbir Singh is a leading researcher on strategic alliances and strategies for corporate renewal, including path-breaking projects on managing acquisitions and alliances and post-acquisition management. He has consulted for companies such as Bell Atlantic, IBM, Merck, and AT&T. His current research includes strategies for corporate alliances and acquisitions, corporate governance, joint ventures, management buyouts, and corporate restructuring. He serves on the editorial boards of several prestigious publications and has extensive experience in working with senior executive audiences in the United States and India.

Kent Smetters is the Joseph E. and Ruth E. Boettner Associate Professor and Associate Professor of Insurance and Risk Management at the Wharton School at the University of Pennsylvania. He was appointed assistant professor in 1998 and was promoted to associate professor (with tenure) in 2004.

Kent received his PhD in economics in 1995 from Harvard University and worked for the U.S. Congress from 1995 to 1998. He was a visiting professor at the Stanford Economics Department during the 2000-1 academic year and served as Deputy Assistant Secretary for Economic Policy of the U.S. Treasury from July 3, 2001 until August 30, 2002. Kent remains active in Washington, DC, and recently served as a member of the Blue Ribbon Panel on Dynamic Scoring for the Joint Committee on Taxation of the U.S. Congress.

Dr. Nicholas S. Souleles, Associate Professor of Finance, received his PhD in Economics from the Massachusetts Institute of Technology in 1995. Since that time, he has been on the Wharton faculty. His research focuses on macroeconomics and consumer finances, namely households’ spending, saving/borrowing, and portfolio decisions. He was the lead profile in the 2006 BusinessWeek rankings of collegiate business programs.

He has been a frequent contributor to the finance and economic literature in journals including the Quarterly Journal of Economics, the Journal of Money, Credit, and Banking, the Review of Financial Studies, and the American Economic Review.

He is a faculty research fellow of the National Bureau of Economic Research and a visiting scholar at the Federal Reserve Bank of Philadelphia and has been an academic consultant to the Federal Reserve Board of Governors. He organizes the Finance Department’s Annual Rodney L. White Conference on Household Financial Decision-Making and Asset Holdings.

Dr. Robert Stine is Associate Professor of Statistics at the Wharton School and a frequent consultant to industry. Some of his work has focused on the development of practical tools for building and assessing forecasts from models of time series data. His research ranges from derivations of the abstract, theoretical properties of these methods to their application in various marketing, financial, and clinical problems. His most recent work concerns the use of information theory to understand and contrast various methods for selecting an optimal statistical model, with particular relevance to the selection of important modeling factors. His research has appeared in numerous academic journals, including Journal of the American Statistical Association and Annals of Statistics.