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Joel N. Morse

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Joel N. Morse, Ph.D.
Contact Information

Office: BC photo
Business Center
Phone: 410.837.4989
Email: jmorse@ubalt.edu

Education

  • Ph.D., School of Business Administration, University of Massachusetts, 1978.Major: Financial Economics and Operations ResearchDissertation Title: Prioritization and Pruning in Multicriterion Mathematical Programming
  • B.A., Williams College, 1972. Major: Political Economy
  • B.B.A., University of Massachusetts, 1972. Major: Business Administration and Economics

Academic Positions:

Professor of Finance, Merrick School of Business, University of Baltimore. (June 2002 - Present).

Teaching Experience

  • Associate Professor of Finance, Merrick School of Business, University of Baltimore. (1987 - 2002).
  • Visiting Associate Professor of Finance, Department of Economics, Harvard Summer School, Harvard University. (June 1988 - August 1988).
  • Associate Professor of Finance, Loyola College. (1982 - 1987).
  • Assistant Professor of Finance, University of Delaware. (1978 - 1982).
  • Instructor of Finance, University of Delaware. (1976 - 1978).

Professional Memberships

  • American Academy of Economic and Financial Experts.
  • American Economic Association.
  • American Finance Association.
  • Eastern Finance Association.
  • Financial Management Association.
  • National Association of Forensic Economics.
  • Southern Finance Association.
  • Southwestern Finance Association.

Honors/Awards

  • Beta Gamma Sigma Member, Beta Gamma Sigma.
  • Who's Who in Finance and Industry, 29th and 30th Editions.
  • Who's Who in Science and Engineering, 3rd and 4th Editions.
  • The T. Rowe Price Teaching Award. (2002).

Instructional Activity

  • ACCT 497, SPECIAL TOPIC:, 2 courses.
  • ACCT 604, Litigation Support, 2 courses.
  • FIN 331, FINANCIAL MANAGEMENT, 8 courses.
  • FIN 333, INVEST ANLYS & PORT MGMT, 2 courses.
  • FIN 450, PROFESSIONAL FINANCE PORTFOLIO, 2 courses.
  • FIN 504, FINANCIAL MANAGEMENT, 1 course.
  • FIN 640, FINANCIAL ANALYSIS AND STRATEG, 10 courses.
  • FIN 715, SECURITY ANALYSIS, 9 courses.
  • FIN 725, DERIVATIVES AND RISK MANAGEMEN, 4 courses.
  • FIN 730, FIXED INCOME SECURITIES, 1 course.
  • FIN 797, SPEC TOPIC:, 1 course.
  • IDIS 302, ETHICAL ISSUES IN  BUS & SOC, 1 course.


RESEARCH

Published Intellectual Contributions

Refereed Journal Articles

  • Morse, J. N., Nguyen, H. H., Yu, C.-H. (2011). The Effect of Option Listing on  Momentum Returns and Reversals. Global Business and Finance Review, Spring 2011, 16-30. (Forthcoming)
  • Morse, J. N., Jurenkova, K., Prasetiya, A. (2010). Credit Derivatives. Academy of Taiwan Business Management Review, 6(3, August 2010).
  • Nguyen, H. H., Chen, H., Morse, J. N. (2009). Changes in the Liquidity of Closed-End Country Funds after the Introduction of World Equity Benchmarks. Quarterly Review of Economics and Finance, 49(3), 1081-94. http://www.elsevier.com/wps/find/journaldescription.cws_home/620167/description#description
  • Arsham, H., Ford, D. A., Morse, J. N. (2008). The Efficient Market Hypothesis in Personal Finance: Choosing an Mortgage. The Journal of Global Business Issues, 2(2), 191-200.
  • Arsham, H., Ford, D. A., Pitta, D. A., Morse, J. N. (2007). The Rate Decision: Adjustable vs Fixed Rate Mortgages. Journal of Business & Economics Research, 11(5), 31-42.
  • Morse, J. N., Wagner, S. (2007). Valuing Private Equity - The Case of Huntsman Chemical. Academy of Taiwan Business Management Review, 3(2).
  • Morse, J. N. (2007). Beyond Spreadsheets and Silos: Enriching Financial Planning Using Hyperion Strategic Finance. Journal of Global Business Issues, 1(2).
  • Morse, J. N., Siedenberg, J. M. (2000). Transportation Expenses in Life Care Plans: An Incremental Approach. Journal of Legal Economics, 10(1), 61-71.
  • Presentations Given
  • Morse, J. N. (Presenter & Author), Nguyen, H. H. (Author Only), Yu, C.-H. (Author Only), Southwestern Finance Association Annual Meeting, "The Effect of Option Listing on Return Momentum and Reversal," Southwestern Finance Association, Houston, Texas. (March 2011).
  • Morse, J. N. (Presenter & Author), Nguyen, H. H. (Author Only), Yu, C.-H. (Author Only), IQPC Third Volatility Summit, "Momentum and Optionality," IQPC,a leading conference organizing firm, NY,NY. (November 4, 2009).
  • Morse, J. N. (Presenter & Author), Nguyen, H. H. (Author Only), Chen, H. (Author Only), Financial Management Association National Meetings, "Changes in the Liquidity of Closed-End Country Funds after the Introduction of World Equity Benchmarks," Financial Management Association, Dallas,TX. (October 15, 2008).
  • Morse, J. N., Chen, H., Nguyen, H. H., Southern Finance Association 2007 Meetings, "Changes in the Liquidity of Closed-End Country Funds after the Introduction of World Equity Benchmarks," Southern Finance Association, Charleston, SC. (November 14, 2007).
  • Morse, J. N., Ibbostson Associates Asset Allocation Conference, Orlando, FL. (February 23, 2006).
  • Morse, J. N., Oracle-PeopleSoft Higher Education User's Group 2005, "A Short Course in Capital Budgeting Using PeopleSoft Financial Management," Oracle-PeopleSoft Higher Education, Las Vegas, NV. (March 22, 2005).
  • Morse, J. N., China State Planning Commission, "Internet Price Promulgation Systems," University of Baltimore. (July 5, 2001).
  • Morse, J. N., "A Portfolio Manager's Dilemma: The Ethics of Cross-Trading," Hoffberger Ethics Center, University of Baltimore. (January 26, 2000).

Media Contributions
Internet

  • UB vehicle. (January 12, 2009).

Newspaper

  • Baltimore Business Journal. (August 9, 2011).
  • Daily Record. (August 9, 2011).
  • Op Ed Piece on Enterprise Software and Sarbanes-Oxley, Daily Record. (2004).

TV

  • GROUPE 3. (March 5, 2006).
  • Sinclair TV. (April 28, 2003).
  • Business Connection. (February 13, 2003).
  • Mark Steiner Show. (April 19, 2001).
  • Newsnight Maryland. (January 6, 2000).


Contracts, Grants and Sponsored Research
Grant

  • Morse, Joel N., "Summer Research Grant," Sponsored by Merrick School of Business, The University of Baltimore. (2004).

Research in Progress

  • "Presence of Listed Equity Options and Price Momentum Using the DB Ivy Database" (Writing Results)

  • "Volatility Options" (Planning)
Examining the possibility that the dispersion trade that has been observed in the index options markets spills over into the volatility option markets.
  • Awards and Honors
  • Harry Y. Wright Research Professor in Finance, MSB. (July 1, 2011).

SERVICE
Department Service

  • Committee Member, TRADING ROOM COMMITTEE.
  • Tech guru. (September 1, 2009 - Present).

College Service

  • Spoke to the faculty, Gave a RESEARCH SEMINAR on Financial Trading System (FTS).
  • Committee Chair, P & T Committee. (August 27, 2009 - Present).
  • Faculty Advisor, QUALITY MATTERS CERTIFICATION. (May 1, 2011 - September 1, 2011).
  • Committee Member, AD HOC COMMITTEE for P&T document. (December 15, 2009 - March 15, 2010).
  • Outreach-Minority Business Summit. (February 18, 2010).
  • Outreach-Iran Seminar at law school. (February 17, 2010).
  • MSB Promotion and Tenure Committee. (2005 - 2008).
  • President, MSB Faculty Senate. (2005 - 2007).
  • Committee Member, MSB Strategic Planning Committee. (2005 - 2007).
  • Vice President, MSB Faculty Senate. (2004 - 2005).
  • Committee Member, MSB PeopleSoft Coordinating Committee. (2004 - 2005).
  • Committee Chair, Dean Search Committee, Merrick School of Business. (2001 - 2002).
  • Committee Member, Faculty Senate Nominating Committee, Merrick School of Business. (January 2001 - May 2001).
  • Committee Chair, Personnel Committee, Merrick School of business. (1999 - 2000).
  • Committee Member, Strategic Planning Committee, Merrick School  of Business. (January 2000 - May 2000).

University Service

  • Committee Member, Faculty Senate, University of Baltimore. (2005 - 2007).
  • Committee Member, Provost's Committee for Lower Division Curriculum Design, University of Baltimore. (2005 - 2006).
  • Committee Member, Provost's Committee for UBONLINE, University of Baltimore. (2004 - 2005).
  • Professional Service
  • Reviewer, Journal Article, GLOBAL BUSINESS and FINANCE REVIEW.
  • Reviewer, Journal Article, European Journal of Operational Research. (March 24, 2011 - March 25, 2011).
  • Reviewer, Journal Article, JOURNAL OF FORENSIC ECONOMICS. (January 1, 2010 - December 30, 2010).
  • Reviewer, Journal Article, JOURNAL OF FORENSIC ECONOMICS. (November 1, 2008 - December 30, 2010).
  • Editorial Review Board Member, Journal of Legal Economics. (1994 - 2009).
  • Board of Advisors of a Company, Oracle Academic Initiative Advisory Board. (2005 - 2006).

Consulting

  • Non-Governmental Organization (NGO), American Heritage Foundation.
  • For Profit Organization, American International Group (AIG).
  • Non-Governmental Organization (NGO), Chicago Board Options Exchange.
  • For Profit Organization, Dean Witter, Inc..
  • For Profit Organization, Environ, Inc..
  • For Profit Organization, First National Bank of Maryland (now Allfirst).
  • Non-Governmental Organization (NGO), IHRSA (Internationla Health Raquet and Sports Club Association).
  • For Profit Organization, Intercoastal Investment Trust.
  • For Profit Organization, KLNB, Inc..
  • For Profit Organization, Monumental Life Insurance Co. (Acquisition analysis).
  • For Profit Organization, Oracle, Inc..
  • For Profit Organization, Pacific Brokerage Services, Inc..
  • For Profit Organization, Paine Webber, Inc..
  • For Profit Organization, Prentice-Hall, Inc..
  • Government, State  Highway Administration (MD).
  • For Profit Organization, The Fidelity and Deposit Companies ( A Unit of the Zurich Group).
  • For Profit Organization, Westinghouse Electric.
  • Mega Coal International, Indonesia. (2005).
  • For Profit Organization, Matritech, Inc., Newton, MA. (June 1, 1994 - June 1, 1995).
  • Development Activities Attended
  • Seminar, "Teaching CFA Content in an Investments Course," McGraw-Hill. (April 11, 2011).
  • Workshop, "PANOPTO--Video lecture creation," OTS. (April 8, 2011).
  • Seminar, "Webinar on Volatility," Standard & Poors. (September 28, 2010).
  • Tutorial, "SAKAI TUTORIAL," rSMART, Inc.. (May 25, 2010).
  • Workshop, "MORNINGSTAR DIRECT," Standard & Poor's. (October 9, 2009).
  • Tutorial, "WEBINAR on McGRAW-HILL's CONNECT SOFTWARE," McGRAW-HILL, INC.. (October 8, 2009).
  • Conference Attendance, "Volatility Summit," IFPQ, a private conference organizer. (March 24, 2009 - March 25, 2009).
  • Workshop, "Patent Research," Langsdale Library, University of Baltimore. (February 29, 2008).
  • Workshop, "Qualitymatters.org." (November 9, 2007).
  • Webcast Training Session on Advanced Financial Planning Software, "Moving Beyond Excel," Business_Finance_Webcasts@nls.bfmag.com. (June 29, 2007).
  • Conference Attendance, "Risk Management Conference 2007," Chicago Board Options Exchange, Chicago Mercantile Exchange, Chicago Board of Trade. (March 3, 2007 - March 7, 2007).
  • Conference Attendance, "Hyperion Solutions 2006, Annual Conference of Hyperions, Inc.," Hyperions, Inc.. (April 2006).
  • Seminar, "Hyperion Strategic Finance," Hyperion, Inc. (March 2006).
  • Workshop, "Bringing Profits Home: Repatriation Incentive 965," Business Finance Magazine. (June 30, 2005).
  • Workshop, "PeopleSoft Training: Projects, Asset Management, Enterprise Performance Management, General Ledger, Budgets," PeopleSoft. (2003 - 2004).
  • Live Webcast, "Intro to PS for Financials/SCM (Course #1961), Session 08 C," PeopleSoft. (August 18, 2003).
  • Seminar, "AACSB Re-Affirmation Seminar," AACSB. (January 11, 2002 - January 13, 2002).
  • Seminar, "AACSB Continuous Improvement Seminar," AACSB. (October 12, 2001 - October 14, 2001).
  • Conference Attendance, "AACSB Annual Meeting." (April 2001).
  • Workshop, "Chairperson's Training Session," UMBC Technology Center, University System of Maryand. (April 3, 2001).
  • Conference Attendance, "National Meeting," Financial Management Association. (October 2000).
  • Conference Attendance, "Conference on Risk Management Techniques," Salomon Center, New York University. (January 13, 2000 - January 14, 2000).