Welcome to the Department of Finance in the Carlos Alvarez College of Business at UTSA. Our department offers B.B.A. degrees in Finance and in Real Estate Finance and Development.

Our graduate degree programs include a Master of Science in Finance and a Master of Science in Finance with a concentration in Real Estate Finance and Development. Our M.S. Finance programs are included on the U.S. Department of Homeland Security’s STEM Designated Degree Program list. We also have a decade-old Ph.D. program. 

Finance is an applied area that studies the ways in which individuals, business entities and organizations allocate resources over time and make decisions in the presence of uncertainty. This includes quantitative analysis of financial markets and financial decision making using mathematical, statistical and computational models. Techniques of financial engineering have become indispensable to a wide spectrum of business activities including investment banking, commercial banking, corporate finance, portfolio management, risk management and insurance and management and decision in the real estate industry.

 

 

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Department Office
Main Campus, Business Building (BB), 4.01.12
Monday thru Friday | 8 a.m. to 5 p.m.
210-458-6315

Karan Bhanot Headshot

Contact

Karan Bhanot , Ph.D.

Department Chair in Finance, Professor

Finance

karan.bhanot@utsa.edu

Department Profile

1,042

Majors

44%

First Gen

35%

Female

Finance Faculty

Binay Adhikari

Binay Adhikari, Ph.D.

Associate Professor, Finance

Vipin Agrawal

Vipin Agrawal, Ph.D.

Professor of Practice, Finance

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Syed Ali

Lecturer, Finance

Onur Bayar Headshot

Onur Bayar, Ph.D.

Professor, Ph.D. Advisor, Finance

Karan Bhanot Headshot

Karan Bhanot , Ph.D.

Department Chair in Finance, Professor, Finance

Timothy Bryant

Timothy Bryant

Lecturer, Finance

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Natasha Burns, Ph.D.

Professor, Finance

Tony Ciochetti Headshot

Tony Ciochetti, Ph.D.

Elmo James Burke Jr. Chair in Real Estate Finance and Development, Executive Director Embrey Real Estate Finance and Development Program, Finance

Ronald Cooley

Ronald Cooley

Lecturer, Finance

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John Garcia

Lecturer, Finance

Palani Rajan Kadapakkam

Palani-Rajan Kadapakkam, Ph.D.

Frost Finance Endowed Chair and Professor, Finance

Ivalina Kalcheva, Ph.D.

Ivalina Kalcheva, Ph.D.

Associate Professor, Finance

Maria Lorusso

Maria T. LoRusso, J.D.

Associate Professor of Practice, Finance

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Willard McIntosh, Ph.D.

Professor of Practice, Finance

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Michael Naquin

Lecturer, Finance

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Michael Noll

Lecturer, Finance

Image of Candy Sikes

Candy Sikes, Ph.D.

Associate Professor of Practice, Finance

Ron Sweet Headshot

Ron Sweet

Associate Professor of Practice, Finance

Raymond Teske

Raymond H. C. Teske III, JD

Professor of Practice, Assistant Director RFD Program, Finance

Thomas Thomson

Thomas A. Thomson, Ph.D.

Professor, Finance

Image of John Toohey, CFA

John Toohey, CFA

Assistant Professor of Practice, Finance

John Wald Headshot

John Wald, Ph.D.

Professor, Finance

Zijun Wang Headshot

Zijun Wang, Ph.D.

Associate Professor, Finance

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Robert Wehrmeyer, J.D.

Lecturer, Finance

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Brian Wolfe, Ph.D.

Assistant Professor, Finance

Tim Zhang Headshot

Tim Zhang, Ph.D.

Assistant Professor, Finance

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Finance Assessment of Competency Test (FACT)

If you are planning to register for FIN 3023, FIN 4713, or Fin 4723 and have not yet taken the FACT exam, contact the Department of Finance to request access to the online FACT course in Canvas. 

Lecture in Financial Studies Center with Karan Bhanot

Research Seminar Series

Bringing talented academics to share their knowledge and research in the area of finance.

Financial Studies Center

Financial Studies Center

Providing hands-on financial training for business students using state-of-the-art technologies

Latest Finance News

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Nima Patel

March 14, 2024

Roadrunner Spotlight: Nima Patel

Meet Nima Patel, an undergraduate student from San Antonio earning a B.B.A. in Accounting with a minor in finance at the Carlos Alvarez College of Business!

Juan Carlos Gallegos

December 4, 2023

Juan Carlos Gallegos Gears Up for Finance Job at JP Morgan

Published by Alvarez College of Business

Juan Carlos Gallegos will graduate with a degree in finance from the Carlos Alvarez College of Business this fall, following the footsteps of his older brother who inspired him to attend UTSA.

October 12, 2023

Hispanic Heritage Month Spotlight: Juan Carlos Gallegos

Published by Alvarez College of Business

Meet Juan Carlos Gallegos, a Mexican-American undergraduate finance student graduating this fall.