Kimberly Cornaggia
Professor of Finance, Louis R. & Virginia A. Benzak Professor, Department Head
Department Finance
Office Address 352 Business Building
Phone Number
814-865-2243
Email Address
kjr15@psu.edu
Kimberly Cornaggia
Professor of Finance, Louis R. & Virginia A. Benzak Professor, Department Head
Department Finance
Office Address 352 Business Building
Phone Number
814-865-2243
Email Address
kjr15@psu.edu
Professor Cornaggia is an expert in corporate finance, credit risk, credit ratings, public finance, and household finance. Her research has been published in leading academic finance journals including the Journal of Finance, Journal of Financial Economics, Journal of Financial and Quantitative Analysis, Management Science, Review of Finance, and Review of Financial Studies.
Dr. Cornaggia is the Finance Department Head and research director of the Center for the Study of Financial Markets at the Smeal College of Business and serves on the boards of the Eastern Finance Association and Western Finance Association.
Prior to joining the Smeal College faculty, Dr. Cornaggia served on the faculty at American University, College of William and Mary, New York University, and Indiana University. Her non-academic experience includes analyzing asset-backed securities markets and the credit ratings industry for the US Securities and Exchange Commission and Department of Justice.
She received her PhD from the Krannert Graduate School at Purdue University and her BS from the University of Nebraska where she majored in Actuarial Science and Finance.
Education
PhD, Finance, Purdue University, 2000
BS, Actuarial Science & Finance, The University of Nebraska-Lincoln, 1994
Courses Taught
FIN 108 – Personal Finance (3)
Personal management of budgets, bank accounts, loans, credit buying, insurance, real estate and security buying. May not be scheduled by College of Business Administration students.
FIN 871 – STRAT FIN MGMT (2)
The course provides an integrative study of financial management utilizing applied problems and case studies. It is intended to provide both depth and breadth to students' knowledge of corporate finance. This course gives an overview of the key concepts, tools, and principles of both strategy formulation and competitive analysis utilized by the successful corporate manager. Students will analyze the dynamic business environment that successful corporate financial managers must navigate to enhance organizational performance. The skill of decision analysis is presented and then applied by focusing on how managerial decision-making affects the performance of the modern corporate enterprise. Specific topics include capital investment decision making, value creation, strategic cost management, financial performance metrics, strategic financial planning and control, strategic restructuring and growth strategies, corporate governance, and ethics.
FIN 405 – Adv Financial Mgmt (3)
An examination of the development and application of decision rules for major long-term financial and investment problems of the firm.
FIN 601 – Ph D Dis Full-Time
NO DESCRIPTION.
FIN 571 – STRAT FIN MGMT (2)
The course provides an integrative study of financial management utilizing applied problems and case studies. It is intended to provide both depth and breadth to studentsÀ knowledge of corporate finance. This course gives an overview of the key concepts, tools, and principles of both strategy formulation and competitive analysis utilized by the successful corporate manager. Students will analyze the dynamic business environment that successful corporate financial managers must navigate to enhance organizational performance. The skill of decision analysis is presented and then applied by focusing on how managerial decision-making affects the performance of the modern corporate enterprise. Specific topics include capital investment decision making, value creation, strategic cost management, financial performance metrics, strategic financial planning and control, strategic restructuring and growth strategies, corporate governance, and ethics.
Selected Publications
(Lead Article)