Faculty - Master of Finance

Simon J. Pak, PhD

Professor-in-Charge, Master of Finance program at Penn State Great Valley, School of Graduate Professional Studies

Simon Pak, associate professor of finance, teaches BUSAD 526: Current Issues in Corporate Finance (financial modeling), and FIN 513: Speculative Markets, for the World Campus. He also teaches courses in financial markets, corporate finance, and real options at Great Valley. Before joining Penn State, he taught economics and finance courses, including doctoral courses in financial economics and advanced macroeconomics, at New York University and Florida International University

Dr. Pak has been a consultant to federal government offices, NGO's, and business corporations in the areas of options trading analysis in several IRS tax cases, and analysis of international commodity trade mispricing.

Dr. Pak's current research focus is in the areas of international trade price analysis, transfer pricing, capital movements, and tax avoidance through over- and under-invoicing in international commodity trade. He has published articles in academic journals such as American Economic Review; Journal of Finance; Review of Quantitative Finance and Accounting; Journal of International Financial Markets, Institutions & Money; Real Estate Finance; Derivatives Use, Trading and Regulation; Journal of Investing; Applied Financial Economics; Journal of Financial Crime; Accounting Forum; Business Ethics Quarterly; International Trade Journal; Interfaces; Finance India; and Tax Management: Transfer Pricing Report.

Dr. Pak earned his doctorate in economics from the University of California, Berkeley, a master's in physics from the University of North Carolina at Chapel Hill, and a bachelor's in physics from Seoul National University in Korea. 

Thomas Harvey, MBA

Thomas Harvey, adjunct professor in the School of Graduate Professional Studies, has taught FIN 597: Special Topics courses. He has twenty years of experience in financial consulting, both within large Fortune 500 companies and as an outside adviser.

Mr. Harvey currently serves as a director of the advice team within the SEI Institutional Group. In his role, he is responsible for delivering ongoing corporate finance advice to institutional clients. Prior to joining SEI in 2011, Mr. Harvey gained 12 years of experience as an investment banker, including 10 years as a director with Wachovia Capital Markets, where he worked across a broad range of industries on transactions including corporate sales, divestitures, leveraged buyouts, and recapitalizations. His previous experience includes serving as director of planning for Consolidated Rail Corporation, responsible for strategic and capital planning.

Mr. Harvey earned both a bachelor of arts and an MBA from University of Michigan. He maintains his FINRA Series 7, 63, and 24 licenses.

Daniel C. Indro, PhD

Dr. Daniel C. Indro received his MBA in finance, and doctorate in finance with mathematics and economics minors from the Kelley School of Business: Indiana University in Bloomington. Before his MBA, Dr. Indro obtained his undergraduate degree in business from Widya Mandala Catholic University in Indonesia. While pursuing his undergraduate degree, he worked as a bookkeeper. Dr. Indro and three colleagues then founded a company for which he became the managing director and chief financial officer. While managing his company, Dr. Indro also taught at Widya Mandala Catholic University and Petra Christian University.

Before joining Penn State Great Valley, Dr. Indro taught at the Kelley School of Business and Kent State University. At both Kent State and Penn State Great Valley, Dr. Indro introduced students to the use of the Economic Value Added (EVA®) methodology, a popular valuation tool that many companies use to manage shareholder value. Dr. Indro was a finalist several times for Kent State's MBA Outstanding Professor of the Year Award, and for Penn State Great Valley's Teaching Excellence Award, for which he was the recipient for 2004.

Dr. Indro's research interest focuses on corporate bankruptcy, joint ventures, the performance of mutual funds, and the behavioral finance issues. His research papers have been published in the Journal of Banking & Finance; Journal of Behavioral Finance; Financial Management; Financial Analysts Journal; European Journal of Operational Research, among others. One of his research papers won the 1996 Irwin Distinguished Paper Award from the Southwestern Finance Association, and a paper for Journal of Banking and Finance was cited with the "Highest Quality Rating" by Anbar Electronic Intelligence Corporation. He also wrote a paper for Financial Analysts Journal cited in an issue of the Financial Times.

Dr. Indro earned his Ph.D. and MBA in finance from the Kelley School of Business.

Pornsit Jiraporn (P.J.), PhD

Pornsit Jiraporn is an associate professor of finance at the Penn State Great Valley. Formerly, he was an assistant professor at Texas A&M International University in Laredo, Texas. Specializing in corporate finance, Dr. Jiraporn has conducted research in several areas such as corporate governance, earnings management, capital structure, dividend policy, corporate diversification, and mergers and acquisitions. His research has appeared in a large number of journals, including Academy of Management Journal; Journal of Banking & Finance; Journal of Financial Research; Journal of Empirical Finance; Financial Analysts Journal; Journal of Financial Services Research; Quarterly Review of Economics and Finance; Journal of Applied Finance, and more.

Originally from Thailand, Dr. Jiraporn has served as visiting faculty at a number of universities in Thailand, including Thammasat University, Mahidol University, and The National Institute of Development Administration (NIDA). In addition, Dr. Jiraporn has made numerous research presentations in the United States, Asia, and Europe. He was recognized as Researcher of the Year in 2010.

Dr. Jiraporn earned his doctorate in finance from Southern Illinois University Carbondale, an MBA from the University of Texas at Arlington and a bachelor's in industrial engineering from Chulalongkorn University, Thailand.

Bo Ouyang, PhD

Bo Ouyang, assistant professor of accounting at Penn State Great Valley, teaches ACCTG 512: Financial Accounting Theory and Reporting Problems, for the World Campus. He earned his doctorate in business administration from the University of Texas at Arlington. Dr. Ouyang was a member of the faculty at Texas A&M University–Corpus Christi before joining the World Campus faculty.

Dr. Ouyang continues to focus his research in the areas of financial reporting, auditing and corporate governance. He has published articles in a number of peer-reviewed academic journals, such as Review of Accounting and Finance; Corporate Governance: The International Journal of Business in Society and Applied Financial Economics Letters. Dr. Ouyang is a member of the American Accounting Association.

Dr. Ouyang earned a master of professional accounting from the University of Texas at Arlington, and a bachelor's in English education from Hunan Normal University, China.

Qiang (Patrick) Qiang, PhD

Dr. Qiang joined Penn State Great Valley in 2009. Dr. Qiang's research interests include network vulnerability and robustness study. He developed network performance/efficiency measures that have been applied to supply chains, transportation networks, the Internet, and finance. Dr. Qiang's research has appeared in such journals as Journal of Global Optimization; Optimization Letters; International Transactions in Operational Research; Netnomics; and Europhysics Letters (currently EPL). He also co-authored the book Fragile Networks: Identifying Vulnerabilities and Synergies in an Uncertain World, published by John Wiley & Sons, Inc., in 2009.

Dr. Qiang served as president of the University of Massachusetts Amherst Student Chapter of INFORMS from 2007 to 2008 and was the recipient of the INFORMS Judith Liebman award in 2009. His doctoral dissertation has won Charles V. Wootan Award from the Council of University Transportation Centers in 2009. Dr. Qiang is a current member of INFORMS and the Decision Sciences Institute.

Dr. Qiang earned his doctorate in management science from the University of Massachusetts Amherst, a master of science in systems from the University of Colorado Boulder, and a bachelor's degree in automation control from Shanghai Jiao Tong University, China.

Manohar Singh, PhD

Dr. Singh is an associate professor of finance at Penn State Great Valley. He received his doctoral degree in finance from Southern Illinois University Carbondale. Dr. Singh’s administrative experience includes working for the Government of India as a member of the Indian Civil Services. He has served on the faculties at Long Island University in Brookville, New York; the University of Nevada, Reno; Atkinson Graduate School of Management at Willamette University in Salem, Oregon; and the University of New South Wales, Sydney, Australia. His teaching interests include advanced corporate finance, international finance, and strategic management. Currently, his research is focused in corporate finance, governance, strategy, and multinational financial management.

Published research includes publications in the Journal of Corporate Finance, Journal of Banking and Finance, Journal of Business Research, Financial Review, Journal of Multinational Financial Management, and Pacific Basin Finance Journal, among others. He is the recipient of the University of Nevada College of Business Researcher of the Year Award for 2005 and the Penn State University Great Valley Teaching Excellence Award for 2011.

Dr. Singh is affiliated with several academic and non-academic institutions. He is a member of the editorial board of the Afro-Asian Journal of Finance and Accounting. Dr. Singh has also served on the board of directors of Willamette University's Center for Corporate Governance.

Dr. Singh supports community endeavors through his service on the boards of two not-for-profit entities, namely, My Little Angel which is engaged in fighting cancer among children, and Bridge Foundation which helps youth recover and rehabilitate from addiction. Dr. Singh enjoys playing golf, riding his motorcycle, and spending time with his family.