Svetla Vitanova

Color portrait of Svetla Vitanova

Associate Teaching Professor in Finance

Department Finance
Office Address 363A Business Building
Phone Number 814-865-9201
Email Address

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Svetla Vitanova is an Assistant Teaching Professor of Finance at the Smeal College of Business, Pennsylvania State University. She received her Ph.D. from Brown University in 2010. Her research has appeared in Management Science. Currently, Svetla is teaching Financial Markets and Institutions, and Multinational Financial Management.


Empirical Corporate Finance


Ph D, Economics, Brown University, 2010

MA, Economics, Central European University, 2001

BA, Economics, Sofia University, 1999

Courses Taught

FIN 407 – Mult Fin Mgmt (3)
Analysis of the international aspects of managerial finance; emphasis on the impact of the international financial environment on firm operations.

Comprehensive course in corporate finance and the strategic implications of various financial decisions.

FIN 408 – Fin Mrkts and Insts (3)
Functional analysis of major credit institutions; sources and uses of funds; impact of government regulation.

FIN 305 – Financial Management of the Business Enterprise (3)
Development of advanced practices of financial management and their application to decision making in business firm.

Selected Publications

Vitanova S., Iliev P. G., "The Effects of Say on Pay in the U.S.." Management Science, vol. 65, no. 10, 2019, pp. 4451-4949
Vitanova S., Tyler J., "Does MSP Participation Increase the Supply of Math Teachers?." Peabody Journal of Education, vol. 83, no. 4, 2008, pp. 536-561