The Williams School of Commerce, Economics and Politics
Adam Schwartz Professor of Business Administration/Finance
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, and Financial Derivatives. For the spring term, Professor Schwartz is planning a Computational Finance course. He also serves as a faculty advisor to the Williams Investment Society (WIS), which manages over $10M of the W&L endowment. As a CFA charterholder, Professor Schwartz is available to assist students interested in pursuing a CFA designation after graduation.
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 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 PTA. Their son Robert enjoys golf, tennis and travel to kid-friendly resorts with elaborately themed pools. They live with a 2-year old Bischon named Cupcake. 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 to Disney World 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.