School of Management — Finance & Economics

Manuel Tarrazo

Professor

Professor Manuel Tarrazo, PhD, teaches graduate and undergraduate courses in corporate finance and investment management. His research focuses primarily in the application of conventional and emerging methodologies (fuzzy sets, approximate equations, and hybrid "words-plus-numbers" methods) to portfolio optimization, investments, and corporate financial planning. He has published research in the following journals (alphabetical): Advances in Financial Education, Advances in Financial Planning and Forecasting, Advances in Investment Analysis and Portfolio Management, Applied Numerical Mathematics, Financial Services Review, Financial Technology, Fuzzy Optimization and Decision Making, International Journal of Applied Decision Sciences, The International Journal of Finance, International Journal of Business, Journal of Applied Business and Economics, Journal of Financial Education, Midwest Review of Finance and Insurance, Research in Finance, Research Papers in Management and Business, Alta Dirección, The European Journal of Operational Research, The International Journal of Business Research. In addition, Professor Tarrazo has made thirty-eight professional presentations, earning two "Best Study in Finance" and one "Best Interdisciplinary Study" awards. His is also the author of the research monograph "Practical Applications of Approximate Equations in Finance and Economics," Quorum Publishers, Greenwood Publishing Group, January 2001; and co-authored a textbook, Advanced Spreadsheet Modeling for Portfolio Management," Kendall/Hunt, 1996. His chapter entitled "Intervals in Finance and Economics: Bridge between Words and Numbers, Language of Strategy" appears in the Handbook of Granular Computing (Edited by Witold Pedrycz, Andrzej Skowron, and Vladik Kreinovich), John Wiley & Sons, 2008.

Professor Tarrazo is a native from Spain, where he obtained a Licenciatura at the Universidad Complutense de Madrid. He worked as a financial manager before completing his doctoral education at the State University of New York at Albany, N.Y. He has been awarded one "Outstanding Teaching" and two "Outstanding Research" School of Business and Management Awards.


Awards

· Outstanding Research Award. School of Business. Spring 2009.

· Best Interdisciplinary Paper Award: "Identifying Securities to Buy: The Heuristic ri/stdi." 2006 Meeting of the Decision Sciences Institute.

· Outstanding Teaching Award. School of Business. Spring 2005.

· Best Paper Award in Finance: "Teaching What We Know about Asset Allocation." 2003 Meeting of the Western Decision Sciences Institute.

· Outstanding Research Award. School of Business. Spring 1998.

· Best Paper Award in Finance: "Is Finance a Paper Tiger?" 1997 Meeting of the Academy of Economics and Finance.

Education

Ph.D., Economics and Finance, State University of New York, Albany, 1993

Teaching
  • BA305 Financial Management
Publications

(click here for comprehensive listing: Peer refereed research and other publications)

"Algebraic Analysis of Optimal Portfolios." Advances in Investment Analysis and Portfolio Management, (forthcoming, accepted for publication: 2009).

"On Portfolios and Regressions." The Journal of Financial Education, Vol. 35, Fall 2009, 56-74.

"Identifying Securities to Buy: The Heuristic ri/stdi." Research in Finance, 2009, Vol. 25, 229-268.

"Positive Optimal Weights on the Efficient Frontier: Conditions, Causes, and Implications." The International Journal of Finance, 2008, Vol. 20, No. 2, 4743-4774.

Practical Applications of Approximate Equations in Finance and Economics. Quorum Publishers (2001). Language: English. ISBN-10: 1567203930. ISBN-13: 978-1567203936.

Amazon.com link: Practical Applications of Approximate Equations in Finance and Economics by Manuel Tarrazo (Hardcover).