Author: Dr. Garven

I hold appointments at Baylor University’s Hankamer School of Business as the Frank S. Groner Memorial Chair of Finance, Professor of Finance & Insurance, and Baugh Center Research Fellow. I have previously held business school faculty appointments at three other universities: Louisiana State University, the University of Texas at Austin, and Pennsylvania State University. At Baylor, I teach courses in finance and risk management, and my research involves the application of finance and economics to the analysis, pricing, and management of risk. I serve as an associate editor for the Geneva Risk and Insurance Review, and I am a past President of two academic associations: the American Risk and Insurance Association and the Risk Theory Society.

Written by Dr. GarvenJanuary 25, 2024

Z Table Extra Credit Assignment (due at the start of class on Tuesday, January 30)

Here’s an extra credit opportunity for Finance 4335. Working on your own (i.e., this is not a group project; I will only give credit for spreadsheets that are uniquely your own), build your own “z” table in Excel (patterned after the table at http://fin4335.garven.com/stdnormal.pdf); the top row should have values ranging from 0.00 to 0.09, […]

Written by Dr. GarvenJanuary 3, 2023January 8, 2024

On the relationship between the S&P 500 and the CBOE Volatility Index (VIX)

Besides going over the course syllabus during the first day of class on Tuesday, August 22, we will also discuss a particularly important “real world” example of financial risk. Specifically, we will study the relationship between realized daily stock market returns (as measured by daily percentage changes in the SP500 stock market index) and changes […]

Written by Dr. GarvenDecember 18, 2022

Calculus and Probability & Statistics recommendations…

Since many of the topics covered in Finance 4335 require a basic knowledge and comfort level with algebra, differential calculus, and probability & statistics, the second class meeting will include a mathematics tutorial, and the third and fourth class meetings will cover probability & statistics. I know of no better online resource for brushing up […]

Written by Dr. GarvenJanuary 17, 2022

Important notice concerning Section III.C.16 of Baylor’s Honor Code Policy and Procedures document

According to Section III.C.16 of Baylor’s Honor Code Policy and Procedures, using, uploading, downloading, or purchasing any online resource that has been derived from material pertaining to a Baylor course without the written permission of the professor constitutes dishonorable conduct; i.e., an act of academic dishonesty. Section IV.A. of the same document obligates faculty members […]