Adam Schwartz Professor of Business Administration

Adam Schwartz

Holekamp 213
Website - Curriculum Vitae

Professor Schwartz joined the W&L faculty in 2006 and held the Lawrence Term Professorship of Business Administration from 2011-2014. 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, Financial Derivatives and Financial Modeling (spring). For the upcoming spring term, Professor Schwartz is planning to teach the Business of Contemporary Art.  He served as a faculty advisor to the Williams Investment Society (WIS) from 2008-2016.  He also serves as the faculty advisor to Habitat for Humanity at W&L.  As a CFA charter holder, Professor Schwartz is available to assist students interested in pursuing a CFA designation after graduation.  Each year W&L awards five CFA scholarships to graduating seniors preparing to take the CFA level 1 exam.

Much of Professor Schwartz's research is in 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 applications of real options, a test of technical models used by stock investors, and the study of optimal retirement strategies.

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 active in the Lexington community. Their son Robert enjoys golf, tennis and travel. They live with two Bichon Frises named Cupcake and Muffin. In his spare time, Professor Schwartz enjoys: living in lovely Lexington, snow in limited quantities, old movies, snorkeling, golf, running 3 miles or less, going on trips with his family, chess, playing the piano and watching college sports.


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.