Kimberly Cornaggia
Professor of Finance, Louis R. & Virginia A. Benzak Professor
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 Finance
Office Address 352 Business Building
Phone Number
814-865-2243
Email Address
kjr15@psu.edu
Professor Cornaggia conducts empirical research related to corporate finance, credit risk, credit ratings, municipal finance, and student loans. She earned her Bachelor of Science at the University of Nebraska, where she studied actuarial science, economics, insurance, and finance. She earned her Ph.D. at Purdue University and has since enjoyed faculty appointments at Penn State University, College of William and Mary, New York University, American University, and Indiana University. Dr. Cornaggia has taught a wide array of courses at the graduate and undergraduate levels including corporate finance, corporate restructuring, equity valuation, multinational finance, and capital markets. 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.
Education
Ph D, Finance, Purdue University, 2000
BS, Actuarial Science & Finance, The University of Nebraska-Lincoln, 1994
Courses Taught
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)