UCLA Anderson Finance Professor Mark Garmaise Appointed Dean of Full-Time MBA Program

May 02, 2014, 12:15 ET from UCLA Anderson School of Management

LOS ANGELES, May 2, 2014 /PRNewswire/ -- UCLA Anderson School of Management Professor of Finance Mark Garmaise has been named dean of the Full-time MBA program, effective July 1, 2014.  The announcement was made by UCLA Anderson Dean Judy Olian.

"In Mark, we have a combination of remarkable talents – an outstanding teacher who is dedicated to his MBA students, and a trailblazing scholar who infuses his teaching with relevant and emerging research findings," said Olian.  "Mark is an award-winning instructor and highly respected authority on finance, venture capital and private equity. That combination, and his dedication to UCLA Anderson's MBA program, will assure strong continuing leadership for the Anderson MBA program."

Garmaise graduated magna cum laude from Harvard University with a AB in Mathematics and Philosophy before receiving his Ph.D. in Finance from Stanford GSB in 1998.  He was appointed assistant professor at Chicago Booth and joined UCLA Anderson as a visiting assistant professor in the finance area in 2001. He was promoted to associate professor with tenure in 2008 and to full professor this year.

As a corporate finance scholar, Garmaise has focused his academic research on using empirical data to investigate the effects of asymmetric information and incomplete contracting as they relate to real estate markets and entrepreneurial firms.  Although the theory of asymmetric information and incomplete contracting is well-developed, there has been little research into the empirical identification of cause and effect in markets.  With careful and ingenious data analysis, his papers have made valuable contributions in these important but neglected areas.

Garmaise has been recognized with numerous awards, including the 2006 Eric and "E" Juline Excellence in Research Award, along with every teaching award given by the UCLA Anderson School faculty – the George W. Robbins Assistant Professor Teaching Award in 2005, the Citibank Teaching Award in 2007, and the Neidorf 'Decade' Teaching Award in 2012.  In addition, he has been awarded two teaching honors by students: the FEMBA Teaching Excellence Award in 2009 and the MBA Teaching Excellence Award in 2011. Garmaise's focus will be on curriculum and academic dimensions of the MBA program.

He succeeds senior associate dean Andrew Ainslie, who has been named the dean of the University of Rochester's Simon Business School.  Ainslie joined Anderson in 2000 and has led the full-time MBA program since 2010.  "We are proud of Andrew's ascent to the Rochester deanship and so appreciative of his many accomplishments at Anderson," said Olian.  "His unrestrained passion for MBA education and his clear analytic focus to drive strategic actions will no doubt advance the Simon School just as it benefitted Anderson."

About UCLA Anderson School of Management

UCLA Anderson School of Management is among the leading business schools in the world, with faculty members globally renowned for their teaching excellence and research in advancing management thinking. Located in Los Angeles, gateway to the growing economies of Latin America and Asia and a city that personifies innovation in a diverse range of endeavors, UCLA Anderson's MBA, Fully-Employed MBA, Executive MBA, Global Executive MBA for Asia Pacific, Global Executive MBA for the Americas, Master of Financial Engineering, doctoral and executive education programs embody the school's Think In The Next ethos. Annually, some 1,800 students are trained to be global leaders seeking the business models and community solutions of tomorrow. Follow UCLA Anderson on Twitter at http://twitter.com/UCLAAnderson or on Facebook at http://www.facebook.com/uclaanderson.

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SOURCE UCLA Anderson School of Management