Brian L. Boscaljon, Ph.D.

Brian L. Boscaljon, Ph.D.
Associate Professor of Finance, Finance and MBA programs
Office Phone
Office Location
278 Burke
PENN STATE BEHREND
281 BURKE CENTER
ERIE PA 16563
Biography

Ph.D., Texas Tech University (1996): Research and teaching interests include investments, corporate finance, markets and institutions, international finance, and managerial finance. He developed an automated Balanced Scorecard that incorporated traditional and non-traditional financial measures for Johnson Control Interior Systems World Wide, Holland, MI.


Teaching

Teaching Philosophy

One of my most important teaching objectives is to prepare students for life-long learning. Finance is a relatively new field of study that is rapidly changing along with innovations in technology, the business environment, and the global economy. After building students' understanding of the fundamental financial concepts, I provide numerous exercises, activities, and assignments to enable them to apply what they have learned. I believe applying computer applications and decision-making models is essential for the success of students in the real world.

Courses Taught

  • B ADM 530 (formerly FNC 531): Investment Theory
  • B ADM 532: Corporate Finance
  • B ADM 596F: CFA
  • B ADM 597C: Investment Theory
  • FIN 301 (formerly FNC 300): Corporation Finance
  • FIN 406 (formerly FNC 460): Investment Finance
  • FNC 480: Advanced FInancial Analysis
  • FIN 481 (formerly FIN 497A): Advanced Financial Analysis
  • FNC 494H: Research Project
  • FNC 495: Internship
  • FNC 496A: Fundamental Analysis
  • FNC 501: Financial Management
  • FNC 596: Graduate Individual Studies
  • IMBA 532: Risk Management

Research

  • Designation for Chartered Financial Analyst obtained, September 2001
  • Calvin College Research Fellowship Award, Grand Rapids MI, 1998-99
  • Dissertation was selected for presentation in the Doctoral Seminar, Financial Management Association Conference, October 1995

Creative Accomplishments

  • U.S. Patent, June 2012.
  • Asset Allocation/Financial Planning Model. Initial stages of obtaining a business method patent, 2008.

Service

  • Recipient, Best Paper Award, Academy of Financial Planning, annual meeting, Denver CO, October 2010.
  • Award from Penn State Research Foundation for filing a US patent on behalf of Penn State University Intellectual Property office, 2009.

Participation in Seminars and Workshops

  • Finance Faculty Series. Discussion panelist, Penn State Erie, Erie PA, 2010
  • Academy of Financial Services, annual meeting, Denver CO, October 2010:
  • Co-discussant, Insurance Issues–Insurance Issues. 
    • Executive VP, Program. 
    • Session Organizer and Chair.
  • Moderator and discussant, Investment Analysis V - Market Timing and Asset Selection, Academy of Financial Services, annual meeting, Anaheim CA, October 2009.
  • Session Chair, Society of Financial Service Professionals, annual meeting, Las Vegas NV, October 2008.
  • Session on Bloomberg/Trading Floor. Presenter, Midwest Decision Sciences Institute, annual meeting, Erie PA, April 2008.
  • Estimating the Adequacy of Retirement Savings: Theoretical and Practical Issues. Discussant, Academy of Financial Services, annual meeting, New Orleans LA, October 2004.
  • Financial Planning for Households Who Are Fully Retired Versus Those Who Are Partially Retired. Discussant, Midwest Finance Association, annual meeting, Chicago IL, March 2004.
  • Intro to Finance. Speaker, Freshman Seminar, Penn State Erie, Erie PA, Fall 2008; Fall 2002.
  • An Intra-day Examination of Technical Trading Rules in the Currency Futures Market. Discussant, Financial Management Association Conference, New York NY, October 1995.

Consulting

  • Kaplan and Fiducioso, Inc., 2010
  • Schweser, 2009
  • St. Vincent Health Center, Erie PA, 2008 
  • Kaplan Inc., New York NY, 2002- 
  • Mary Lincoln, Erie PA, 2002 
  • Johnson Controls Interior Systems World Wide, Holland MI, 1998

Speaking Engagements

  • Time Utility of Wealth. Kent State University, Kent OH, January 2006 
  • Market Uncertainty. Steris Corporation, Erie PA, April 2001

New Software Program Developed

  • Applied for patent for new software program, 2009
  • Developed a Asset Allocation Model for Financial Planning. Black School of Business, Penn State Erie, Erie PA, 2008
  • Developed new model in Crystal Xcelcius. Black School of Business, Penn State Erie, Erie PA, 2008.
  • Developed trading floor hard and software. Black School of Business, Penn State Erie, Erie PA, 2006. 

Membership in Professional and Learned Societies

  • Financial Planning Association, 2010-
  • Academy of Financial Services, 2004-
  • Chartered Financial Analyst (CFA) Institute, 2010-; 2003-06
  • Southern Finance Association, 2002-06.
  • Financial Management Association, 1996-
  • Midwest Finance Association, 1996-06.

 

 

 

 

Research Interests

Asset Allocation, Wealth Mangagement, Retirement Planning

Publications

Fundamentals of Managerial Finance 3rd Edition - December 10, 2019

Corporate Finance Study Guide - June 30, 2019

Fundamentals of Managerial Finance, 2nd Edition - August 5, 2017

Fundamentals of Corporate Finance 2nd Edition - June 26, 2016

Fundamentals of Managerial Finance - March 11, 2014

Defining an Individual's Critical Wealth Level, The Journal of Wealth Management - January, 2013

Do large shocks in VIX signal liability management strategies? - January 2, 2013
Collaborator: John Clark, Secondary Author

Quantifying Unique Indivual Portfolio Insurance Premiums, The Journal of Wealth Management - 2012

Test Bank for Investment Analysis and Portfoliio Mangement 10th Ed - 2012

Determining the "Glide Path" for Target-Date Funds, Financial Service Review - 2011

Looking Back on 2010 and Forward to 2011, Journal of Financial Planning - 2011
Collaborators: H Evensky; J Clark

Market Timing Using the VIX for Style Rotation, Financial Services Review - 2011
Collaborators: Michael Filbeck; Xin Zhao

Why Track Inefficiency? , The Journal of Index Investing - 2011
Collaborators: Xin Zhao; Michael Filbeck

Asset Allocation – New and Improved? , Journal of Financial Planning - 2010
Collaborators: H Evensky; J Clark

Bond Ratings and Bank Loan Announcements: The Effect on Equity Prices, Journal of Business and Economic Perspectives - 2008
Collaborators: Michael Filbeck; D Preece

Employee Rewards and the Likelihood of a Successful Initial Public Offering, Journal of Business and Economic Research - 2008
Collaborators: Michael Filbeck; P Thoms

Rebalancing Strategies for Creating Efficient Portfolios, The Journal of Investing - 2008
Collaborators: Michael Filbeck; C Ho

A Simple Portfolio Insurance Strategy for Retirement Investing, Journal of Financial Services Professionals - 2006
Collaborators: L Sun; Array Array

Critical Wealth: Where Financial Planning Becomes Wealth Management, Portfolio Organizer - 2006

Information Content of Bank Loan Announcements to Asian Corporations during Periods of Economic Uncertainty, Journal of Banking and Finance - 2006
Collaborators: C Ho; Array Array

Information Content of Business Method Patents, Financial Review - 2006
Collaborators: Michael Filbeck, Primary Author; T Smaby, Secondary Author

Equity Balancing Style Based on Time Horizons - 2005
Collaborator: L Sun

How Many Stocks Are Required for a Well-diversified Portfolio?, Advances in Financial Education - 2005
Collaborators: Michael Filbeck; C Ho

Maximizing Retirement Income and Leisure Time, Journal of Financial Planning - 2005

Regulatory Changes in the Pharmaceutical Industry, International Journal of Business - 2005

Time, Wealth, and Human Capital as Determinants of Asset Allocation, CFA Digest - May, 2005
Collaborators: Array Array; Array Array

2004
Collaborator: S Lummer

Comparisons of Dynamic Asset Allocation Strategies for Personal Financial Planning - 2004
Collaborator: L Sun

Time, Wealth, and Human Capital as Determinants of Asset Allocation, Financial Services Review - 2004
Collaborators: Array Array; Array Array

The Explanatory Power of EVA, Journal of Accounting and Finance Research - 2000
Collaborators: T Jalbert, Primary Author; R Rao; C Bathala

EVA: The Effect on Firm Valuation - 1999
Collaborators: T Jalbert; R Rao

Education

Ph D, Finance, Texas Tech University

MBA, Finance, Michigan State University

BA, Business/Economics, Northwestern College