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Nelson Lacey

Professor Emeritus

Finance

Education

PhD, Pennsylvania State University, 1985
MBA, Arizona State University, 1980
BS, Pennsylvania State University, 1978

Professional Experience

Director of Curriculum, Chartered Alternative Investment Analyst Association, 2002-2005
Director of Examinations, Chartered Alternative Investment Analyst, 2002-Present
Project Coordinator, U.S. Consortium for Management Education in Central and Eastern Europe, 1993-2000

Academic Appointments

Chair, Finance Department, Isenberg School of Manegement, UMass Amherst, 2018-2020
Professor of Finance, University of Massachusetts, 2007-Present
Associate Professor of Finance, University of Massachusetts, 1993-2007
Assistant Professor of Finance, University of Massachusetts, 1985-1993

Recent Honors / Awards

Outstanding Department Chair, 2008
Best Paper, Risk and Insurance Association, 1993

Research Interests

Education and Testing
Personal Finance
Sport Betting Markets
Market Reaction to New Information

Teaching Interests

Masters
  • Corporate Finance
  • Valuation
  • Case Studies
Undergraduate
  • Corporate Finance
  • Financial Modeling
  • Personal Finance

Selected Publications

What Drives Mutual Fund Flows: Profit or Panic? (with Qiang Bu), Review of Accounting and Finance, 2013, Vol. 12 Iss: 1, pp.4 - 22.

The Second Season:  The Effects of Playoff Tournaments on Competitive balance Outcomes in the NHL and NBA, (with Neil Longley), Journal of Sports Economics, October 2012, 13: 471-493.

On Understanding Bear Market Funds, (co-author Qiang Bu), Journal of Alternative Investments, Fall 2010, Vol. 13, Number, pp. 35-46.2. 

Follow the Market or Follow the Leader? - An Analysis of Mutual Fund Trading Strategies, (co-author Qiang Bu), Problems and Perspectives in Management, 2010, Volume 8, Issue 3, pp. 200-207.