Areas of Expertise
Behavioral Finance, International Finance, Investments
CFP Board of Standards, 2014, CFP® Professional
The Florida State University, 2013, Certificate in Financial Planning
Florida Atlantic University, 1999, PhD (Finance)
University of Illinois, 1995, MBA (Accountancy)
Lynn University, 1993, BS (Hospitality)
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. Josephâ€™s University in Philadelphia and is currently a 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 Behavioral Finance. Oliver has co-authored a book entitled Closed-End Funds, Exchange-Traded Funds, and Hedge Funds, which was published by Springer in 2009. In 2014, Oliver obtained the CFPÂ® designation and became the director of UNF's Financial Services Program in 2016. He teaches in the Finance and Financial Services majors at UNF, is a member of the Financial Planning Association (FPA), and is the advisor of the FPA Student Chapter at UNF. Oliver lives in Mandarin with his wife Lynda, who works at the Mayo Clinic as a business analyst, and their two dogs of unknown origin, Cassie and Lacy.
Best Paper Award, Investments Track, 2008 American Society for Business and Behavioral Sciences (ASBBS)
Earle C. Traynham Faculty Scholarship Award, 2015, University of North Florida
Faculty Merit Research Award, 2003 St. Josephâ€™s University
Faculty Merit Advising Award, 2003 St. Joseph's University
Inspiring Individual Award, 2015, CMC, University of North Florida
Outstanding Finance Teacher of the Year, 2013 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 Finance Teacher of the Year, 2005 University of North Florida
Outstanding Finance Teacher of the Year, 2004 University of North Florida
Outstanding Teacher, 2004-2016 University of North Florida
Outstanding Researcher, 2004-2016 University of North Florida
Participant in the Doctoral Consortium, 1999 FMA Chicago
Financial Planning Association (FPA)
National Association of Personal Financial Advisors (NAPFA)
Society of Financial Service Professionals (FSP)
Grants and Contracts Awarded
Slade Entrepreneurship Research Award (with L. Goel), 2011 University of North Florida
Kip Research Fellowship, 2008-2010 University of North Florida
Recipient of Newell Doctoral Fellowship, 1999 Florida Atlantic University
Publications & Presentations
PUBLICATIONS IN REFEREED JOURNALS
Mendez, Brandon, R. Lamb, and O. Schnusenberg. 2017. â€œThe Impact of 401(k) Catch-Up Contributions on Retirement Income.â€ Journal of Accounting and Finance, forthcoming.
Schnusenberg, O. 2017. â€œFinancial News Savvy and Its Importance: A Study of Business and Finance Majors.â€ Journal of Contemporary Business Research, forthcoming.
de Jong, Pieter, S. Elfayoumy, and O. Schnusenberg. 2017. â€œFrom Returns to Tweets and Back: An Investigation of the Stocks in the Dow Jones Industrial Average.â€ Journal of Behavioral Finance, v18: 1-11.
Lamb, Reinhold, O. Schnusenberg and S. Italia. 2015. â€œCombining Theory and Application: Rethinking Finance Education.â€ Review of Contemporary Business Research, v4: 1-19.
Goel, Lakshmi and O. Schnusenberg. 2014. â€œIntroducing a Theoretical Model for the Performance of Microfinance Firms.â€ International Journal of Applied Behavioral Economics, v3: 1-15.
Schnusenberg, Oliver, C. Loh, and K. Nihalani. 2013. â€œThe Role of Financial Wellbeing, Socio-Political Attitude, Self-Interest, and Lifestyle in One's Attitude toward Social Health Insurance,â€ Journal of Applied Health Economics and Health Policy, v11: 369-381.
Zaccardi, Michael C., Chelsea M. Howard, and O. Schnusenberg. 2012. â€œStudent Preparation and Personality Traits in the Job Market.â€ Academy of Educational Leadership Journal, v16 : 35-54.
Thomas, Randall and O. Schnusenberg. 2012. â€œCan Uncertainty Avoidance Explain Prospect Theory?â€ Financial Decisions, v24: 1-25.
Schnusenberg, Oliver, L. Goel, and P. de Jong. 2012. â€œPredicting Study Abroad Intentions Based on the Theory of Planned Behavior.â€ Decision Sciences Journal of Innovative Education, v10: 337-361.
Loh, Chung-Ping A., K. Nihalani, and O. Schnusenberg. 2012. â€œMeasuring Attitude toward Social Health Insurance.â€ European Journal of Health Economics, v13: 707-722.
Khosrozadeh, Nicholas, J. McGinnis, O. Schnusenberg, and L.C. Jones. 2011. â€œIdentifying Differences in College Studentsâ€™ Salary Expectations.â€ Journal of Education for Business, 88: 1-10.
Schnusenberg, Oliver and R. Slater. 2011. â€œDo the Good Students Finish First?â€ Journal of Business and Behavioral Sciences, v23: 15-34.
Sykes, Mindy L. and O. Schnusenberg. 2011. â€œPredicting Herding Behavior Using Hofstedeâ€™s Cultural Dimensions.â€ Journal of Business and Economics, v2: 436-446.
Schnusenberg, Oliver and A. Gallo. 2011. â€œOn Cognitive Ability and Learning in A Beauty Contest.â€ Journal for Economic Educators, v11: 13-24.
Kalin, Chris and O. Schnusenberg. 2011. â€œStudents and Retirement Savings Predictors.â€ Chinese Business Review, v10: 1-20.
Sowinski, Miriam, O. Schnusenberg, and S. Materne. 2010. â€œâ€™Sprechen Sie Bias?â€™ An Investigation of Behavioral Finance Biases Between Germany and the United States.â€ Journal of Behavioral Studies in Business, v3: 53-76.
Goel, Lakshmi, P. de Jong, and O. Schnusenberg. 2010. â€œToward a Comprehensive Framework of Study Abroad Intentions and Behaviors.â€ Journal of Teaching in International Business, v21: 248-264.
de Jong, Pieter, O Schnusenberg, and L. Goel. 2010. â€œMarketing Study Abroad Programs Effectively: What Do American Business Students Think?â€ Journal of International Education in Business, v3, 34-52.
Schnusenberg, Oliver and C. Frohlich. 2010. â€œHot and Easy in Florida: The Case of Economics Professors.â€ Research in Higher Education Journal, v10: 61-85.
Ahmed, Parvez, S. Nanda, and O. Schnusenberg. 2010. â€œCan Firms Do Well While Doing Good?â€ Applied Financial Economics, v20: 845-860.
Cameron, Ken and O. Schnusenberg. 2009. â€œOil Prices, SUVs, and Iraq: An Investigation of Automobile Manufacturer Oil Price Sensitivity.â€ Energy Economics, v31: 375-381.
Schnusenberg, Oliver. 2009. â€œStudent Performance in Online Quizzes as a Function of Time in Undergraduate Financial Management Courses.â€ Journal of Instructional Pedagogies, v1: 1-19.
Anderson, Seth C. and O. Schnusenberg. 2007. â€œA Review of Studies in Mutual Fund Performance, Timing, and Persistence.â€ Advances in Financial Education, v5: 1-24.
Schnusenberg, Oliver, J. Madura, and K. Gleason. 2007. â€œThe Effect of Country Risk Ratings on Market Returns,â€ Applied Financial Economics, v17, n16: 1289-1299.
Schnusenberg, Oliver. 2006. â€œThe Stock Market Behaviour Prior and Subsequent to New Highs,â€ Applied Financial Economics, v16, n6: 429-438.
Harper, Joel, J. Madura, and O. Schnusenberg. 2006. â€œPerformance Comparison Between Exchange Traded Funds and Closed-End Country Funds,â€ Journal of International Financial Markets, Institutions & Money, v16: 104-122.
Schnusenberg, Oliver. 2003. â€œWhen Are Profitable Earnings Low Enough to Trigger a Liquidation Option?â€ Academy of Accounting and Financial Studies Journal, v7, n3: 39-66.
Schnusenberg, Oliver and J. Madura. 2003. â€œExploiting Time Series Behavior of U.S. Stock Market Indexes,â€ Journal of Financial and Economic Practice, v1, n2: 97-118.
Schnusenberg, Oliver and R. Sherman. 2001. â€œAccounting for Acquisition and Firm Value,â€ Academy of Accounting and Financial Studies Journal, v5, n2: 99-116.
Schnusenberg, Oliver and J. Madura. 2001. â€œDo U.S. Stock Market Indexes Over- or Underreact?â€ Journal of Financial Research, v24, n2: 179-204.
Schnusenberg, Oliver and J. Madura. 2000. â€œGlobal and Relative Over-and Underreactions in International Stock Markets Indexes,â€ Emerging Markets Quarterly v4, n4: 7-31.
Madura, Jeff and O. Schnusenberg. 2000. â€œEffect of Federal Reserve Policies on Bank Equity Returns,â€ Journal of Financial Research v23, n4: 421-447.
Madura, Jeff and O. Schnusenberg. 2000. â€œResponse of Financial Markets to Adjustments in the Bank of Englandâ€™s Target Interest Rate,â€ Global Business & Finance Review v5, n2: 1-12.
McDaniel, William R. and O. Schnusenberg. 2000. â€œHow to Value Indexed Executive Stock Options,â€ Journal of Financial and Strategic Decisions, v13, n3.
Schnusenberg, Oliver. 2000. â€œThe Stock Market Reaction of German and American Companies to A Potential German Unification,â€ Journal of Financial and Strategic Decisions v13, n1.
Schnusenberg, Oliver. 1999. â€œThe Tax Advantage of Voluntary Corporate Liquidationsâ€ Journal of Research in Finance v2, n2: 29-58.
Madura, Jeff and O. Schnusenberg. 1999. â€œThe Direct Effect of Federal Reserve Policy Tool Changes on Foreign Equity Returns,â€ Journal of Research in Finance v2, n1: 59-81.
Madura, Jeff and O. Schnusenberg. 1998. â€œFederal Reserve Policy and Information Flow,â€ Managerial Finance v24, n8: 3-15
Skantz, Terrance and O. Schnusenberg. 1998. â€œA Test of the Abandonment Hypothesis Using Voluntarily Liquidating Firms and Unprofitable Surviving Firms,â€ Journal of Accounting, Auditing, and Finance, v13, n4: 395-415.
PUBLICATIONS IN PROCEEDINGS
de Jong, Pieter, O. Schnusenberg, and L. Goel. â€œMarketing Study Abroad Programs Effectively: What do Students Think?â€ Proceedings of the 2011 Joint Effort to Promote Global Prosperity Beijing International Studies University â€“ University of North Florida Conference in Beijing, China.
Loh, Albert, K. Nihalani, and O. Schnusenberg. â€œMeasuring Attitude Toward Social Health Insurance.â€ Proceedings of the 2011 International Business Research Conference at UNF.
Sykes, Mindy and O. Schnusenberg. â€œPredicting Herding Behavior Using Hofstedeâ€™s Cultural Dimensions.â€ Proceedings of the 2011 International Business Research Conference at UNF.
Thomas, Randall and O. Schnusenberg. â€œCan Uncertainty Avoidance Explain Prospect Theory?â€ Proceedings of the 2011 International Business Research Conference at UNF.
Kalin, Chris and O. Schnusenberg. â€œStudents and Retirement Savings Predictors.â€ Proceedings of the 2010 Annual Meeting of the Academy of Behavioral Finance & Economics.
Schnusenberg, Oliver. 2006. â€œTime is Money in Undergraduate Financial Management Courses,â€ Proceedings of the 2006 American Society of Business and Behavioral Sciences (ASBBS).
Coyne, Christopher, P. Foster, and O. Schnusenberg. â€œA Bond Pricing Conundrum,â€ Proceedings of the 2001 National Business and Economics Society.
INVITED AND INTERNAL PUBLICATIONS
King, Michael, S. Martin, and O. Schnusenberg. 2006. â€œFederal Funds Target
Rate Changes and Sector Equity Returns,â€ Osprey Journal of Ideas and Inquiries, vV, Spring 2006.
Schnusenberg, Oliver. 2002. â€œEconomic News and Aggregate Market Performance Since 911; What Do Investors Expect?â€ Journal of Financial Service Professionals, v56, n1: 31-34.