Adam Schwartz Lawrence Term Professor of Business Administration/Finance
Professor Schwartz joined the W&L faculty in 2006 and now holds the Lawrence Term Professorship of Business Administration. He had previously served on the faculty of the University of Miami, the University of Georgia and the University of Mississippi. At Washington and Lee, Professor Schwartz teaches courses in Financial Management, Investments, and Financial Derivatives. For the new spring term, Professor Schwartz is planning a "life finance" course. He also serves as a faculty advisor to the Williams Investment Society (WIS), which manages over $1M of the W&L endowment. Professor Schwartz is a CFA charterholder.
Much of Professor Schwartz's research is in the area of option pricing and computational finance. He has published research papers in several finance journals including: The Journal of Financial and Quantitative Analysis, Financial Management, The Journal of Derivatives, the Journal of Financial Engineering, The Journal of Futures Markets, and the Journal of Financial Research. His current research includes work on option pricing, a test of technical models used by stock investors, and a study of trends in academic salaries since the 1980's.
Professor Schwartz lives in Lexington with his wife (Elizabeth) and son (Robert). Elizabeth was formerly a branch manager at Bank of America in Memphis, TN. She is now president of the Waddell PTA. Their son Robert enjoys golf, Karate and travel to kid-friendly resorts with elaborately themed pools. They live with a 14-year old Bischon named Strawberry, who doesn't know she's old or a dog. In his spare time, Professor Schwartz enjoys: living in lovely Lexington, snow in limited quantities, old movies, snorkeling, golf, running 4 miles or less, going to Disney World with his family, chess, playing the piano and watching the Georgia Bulldogs and Georgia Tech Yellow Jackets.
Ph.D. in Business Administration (Finance), University of Georgia (1995)
M. S. in Management, Georgia Institute of Technology (1990)
B. S. in Applied Physics, Georgia Institute of Technology (1983)
Computation Finance, Option Pricing Models, Options and Futures Markets, Market Efficiency and Finance Pedagogy.
Financial Management, Investments, Financial Derivatives and Personal Finance.