Oliver  Schnusenberg

Professor

Accounting & Finance • Coggin College of Business

Areas of Expertise

Behavioral Finance, International Finance, Investments

Education

Florida Atlantic University 1999 PhD (Finance)
University of Illinois 1995 MBA (Accounting)
Lynn University 1993 BS (Hospitality)
 

Biography

Oliver Schnusenberg was born in Germany, where he lived until 1989, when he moved to the U.S. In 1993, he received his B.S. degree in Hospitality Management from Lynn University in Boca Raton, FL. In 1995, he completed his MBA degree with a specification in Accountancy from the University of Illinois at Urbana-Champaign. In 1999, he received his Ph.D. in Finance from Florida Atlantic University. Oliver has taught at St. Joseph’s University in Philadelphia and is currently an Associate Professor of Finance at the University of North Florida. His work, which focuses primarily on Behavioral Finance, is published in a variety of journals, including the Journal of Financial Research, Energy Economics, and the Journal of Accounting, Auditing, and Finance. Oliver has co-authored a book entitled Closed-End Funds, Exchange-Traded Funds, and Hedge Funds, which was published by Springer in 2009. Oliver lives on Southside with his wife Lynda, who works at the Mayo Clinic as a project manager, and their two dogs, Cassie (a puggle) and Lacy (a Blue Lacy).

Awards

Best Paper Award, Investments Track, 2008 American Society for
Business and Behavioral Sciences (ASBBS)
Faculty Merit Research Award, 2003 St. Joseph’s University
Faculty Merit Advising Award, 2003 St. Joseph's University
Kip Research Fellowship, 2008-2010 University of North Florida
Outstanding Finance Teacher of the Year, 2008 University of North Florida
Outstanding Finance Teacher of the Year, 2007 University of North Florida
Outstanding Finance Teacher of the Year, 2006 University of North Florida
Outstanding Teacher, 2006 University of North Florida
Outstanding Researcher, 2006 University of North Florida
Outstanding Teacher, 2005 University of North Florida
Outstanding Researcher, 2005 University of North Florida
Outstanding Finance Teacher of the Year, 2005 University of North Florida
Outstanding Finance Teacher of the Year, 2004 University of North Florida
Outstanding Teacher, 2004 University of North Florida
Outstanding Researcher, 2004 University of North Florida
Participant in the Doctoral Consortium, 1999 FMA Chicago
Recipient of Newell Doctoral Fellowship, 1999 Florida Atlantic University
Slade Entrepreneurship Research Award, 2011 University of North Florida
 

Affiliations

American Finance Association (AFA), Financial Management Association (FMA), Southern Finance Association (SFA)

Publications & Presentations

PUBLICATIONS IN REFEREED JOURNALS
“Identifying Differences in College Students’ Salary Expectations,” with N. Khosrozadeh, J. McGinnis, and L. Jones, Journal of Education for Business, forthcoming.

 

Schnusenberg, Oliver and R. Slater. 2011. “Do the Good Students Finish First?” Journal of Business and Behavioral Sciences, forthcoming.

 

Chung-Ping A. Loh, K. Nihalani, and O. Schnusenberg. 2011. “Measuring Attitude toward Social Health Insurance.” European Journal of Health Economics, v13, forthcoming.

 

Sykes, Mindy L. and O. Schnusenberg. 2011. “Predicting Herding Behavior Using Hofstede’s Cultural Dimensions.” Journal of Business and Economics, v2: 436-446.

 

Schnusenberg, Oliver and A. Gallo. 2011. “On Cognitive Ability and Learning in A Beauty Contest.” Journal for Economic Educators, v11: 13-24.

 

Kalin, Chris and O. Schnusenberg. 2011. “Students and Retirement Savings Predictors.” Chinese Business Review, v10: 1-20.

Sowinski, Miriam, O. Schnusenberg, and S. Materne. 2010. “’Sprechen Sie Bias?’ An Investigation of Behavioral Finance Biases Between Germany and the United States.” Journal of Behavioral Studies in Business, v3: 53-76.

 

Goel, Lakshmi, P. de Jong, and O. Schnusenberg. 2010. “Toward a Comprehensive Framework of Study Abroad Intentions and Behaviors.” Journal of Teaching in International Business, v21: 248-264.

 

de Jong, Pieter, O Schnusenberg, and L. Goel. 2010. “Marketing Study Abroad Programs Effectively: What Do American Business Students Think?” Journal of International Education in Business, v3, 34-52.

 

Schnusenberg, Oliver and C. Frohlich. 2010. “Hot and Easy in Florida: The Case of Economics Professors.” Research in Higher Education Journal, v10: 61-85.

 

Ahmed, Parvez, S. Nanda, and O. Schnusenberg. 2010. “Can Firms Do Well While Doing Good?” Applied Financial Economics, v20: 845-860.

 

Cameron, Ken and O. Schnusenberg. 2009. “Oil Prices, SUVs, and Iraq: An Investigation of Automobile Manufacturer Oil Price Sensitivity.” Energy Economics, v31: 375-381.

 

Schnusenberg, Oliver. 2009. “Student Performance in Online Quizzes as a Function of Time in Undergraduate Financial Management Courses.” Journal of Instructional Pedagogies, v1: 1-19.*

 

Anderson, Seth C. and O. Schnusenberg. 2007. “A Review of Studies in Mutual Fund Performance, Timing, and Persistence.” Advances in Financial Education, v5: 1-24.

 

Schnusenberg, Oliver, J. Madura, and K. Gleason. 2007. “The Effect of Country Risk Ratings on Market Returns,” Applied Financial Economics, v17, n16: 1289-1299.

 

Schnusenberg, Oliver. 2006. “The Stock Market Behaviour Prior and Subsequent to New Highs,” Applied Financial Economics, v16, n6: 429-438.

 

Harper, Joel, J. Madura, and O. Schnusenberg. 2006. “Performance Comparison Between Exchange Traded Funds and Closed-End Country Funds,” Journal of International Financial Markets, Institutions & Money, v16: 104-122.

 

Schnusenberg, Oliver. 2003. “When Are Profitable Earnings Low Enough to Trigger a Liquidation Option?” Academy of Accounting and Financial Studies Journal, v7, n3: 39-66.

 

Schnusenberg, Oliver and J. Madura. 2003. “Exploiting Time Series Behavior of U.S. Stock Market Indexes,” Journal of Financial and Economic Practice, v1, n2: 97-118.

 

Schnusenberg, Oliver and R. Sherman. 2001. “Accounting for Acquisition and Firm Value,” Academy of Accounting and Financial Studies Journal, v5, n2: 99-116.

 

Schnusenberg, Oliver and J. Madura. 2001. “Do U.S. Stock Market Indexes Over- or Underreact?” Journal of Financial Research, v24, n2: 179-204.

 

Schnusenberg, Oliver and J. Madura. 2000. “Global and Relative Over-and Underreactions in International Stock Markets Indexes,” Emerging Markets Quarterly v4, n4: 7-31.

 

Madura, Jeff and O. Schnusenberg. 2000. “Effect of Federal Reserve Policies on Bank Equity Returns,” Journal of Financial Research v23, n4: 421-447.

 

Madura, Jeff and O. Schnusenberg. 2000. “Response of Financial Markets to Adjustments in the Bank of England’s Target Interest Rate,” Global Business & Finance Review v5, n2: 1-12.

 

McDaniel, William R. and O. Schnusenberg. 2000. “How to Value Indexed Executive Stock Options,” Journal of Financial and Strategic Decisions, v13, n3.

 

Schnusenberg, Oliver. 2000. “The Stock Market Reaction of German and American Companies to A Potential German Unification,” Journal of Financial and Strategic Decisions v13, n1.

 

Schnusenberg, Oliver. 1999. “The Tax Advantage of Voluntary Corporate Liquidations” Journal of Research in Finance v2, n2: 29-58.

 

Madura, Jeff and O. Schnusenberg. 1999. “The Direct Effect of Federal Reserve Policy Tool Changes on Foreign Equity Returns,” Journal of Research in Finance v2, n1: 59-81.

 

Madura, Jeff and O. Schnusenberg. 1998. “Federal Reserve Policy and Information Flow,” Managerial Finance v24, n8: 3-15.

 

Skantz, Terrance and O. Schnusenberg. 1998. “A Test of the Abandonment Hypothesis Using Voluntarily Liquidating Firms and Unprofitable Surviving Firms,” Journal of Accounting, Auditing, and Finance, v13, n4: 395-415.

 

PUBLICATIONS IN PROCEEDINGS
de Jong, Pieter, O. Schnusenberg, and L. Goel. “Marketing Study Abroad Programs Effectively: What do Students Think?” Proceedings of the 2011 Joint Effort to Promote Global Prosperity Beijing International Studies University – University of North Florida Conference in Beijing, China.

 

Loh, Albert, K. Nihalani, and O. Schnusenberg. “Measuring Attitude Toward Social Health Insurance.” Proceedings of the 2011 International Business Research Conference at UNF.

 

Sykes, Mindy and O. Schnusenberg. “Predicting Herding Behavior Using Hofstede’s Cultural Dimensions.” Proceedings of the 2011 International Business Research Conference at UNF.

 

Thomas, Randall and O. Schnusenberg. “Can Uncertainty Avoidance Explain Prospect Theory?” Proceedings of the 2011 International Business Research Conference at UNF.

 

Kalin, Chris and O. Schnusenberg. “Students and Retirement Savings Predictors.” Proceedings of the 2010 Annual Meeting of the Academy of Behavioral Finance & Economics.

 

Schnusenberg, Oliver. 2006. “Time is Money in Undergraduate Financial Management Courses,” Proceedings of the 2006 American Society of Business and Behavioral Sciences (ASBBS).

 

Coyne, Christopher, P. Foster, and O. Schnusenberg. “A Bond Pricing Conundrum,” Proceedings of the 2001 National Business and Economics Society.

 

INVITED AND INTERNAL PUBLICATIONS
King, Michael, S. Martin, and O. Schnusenberg. 2006. “Federal Funds Target
Rate Changes and Sector Equity Returns,” Osprey Journal of Ideas and Inquiries, vV, Spring 2006.

 

Schnusenberg, Oliver. 2002. “Economic News and Aggregate Market Performance Since 911; What Do Investors Expect?” Journal of Financial Service Professionals, v56, n1: 31-34.
 

SchnusenbergContact Information

Building 42, Room 3228

(904) 620-1224

oschnuse@unf.edu

Website


Office Hours

MW 2:00 - 4:00pm