Skip to Content

Home Page

John J. McConnell

Biography

John J. McConnell is the Burton D. Morgan Distinguished Chair of Private Enterprise (in Finance) at the Krannert Graduate School of Management at Purdue University where he has been a faculty member since 1976.  In addition to being a Professor of Finance, at the Krannert School, he has served as Director of Doctoral Programs and Research (1990-1998), Area Coordinator of Finance (1994-1998; 2006-2007), and Academic Director of Professional Masters Programs (2001-2006). 

He received a B.A. in Economics from Denison University (1968), an M.B.A. from the University of Pittsburgh (1969), and a Ph.D. in Finance from Purdue University (1974).  He has been honored with an honorary doctorate from the University College Dublin and the Smurfit Business School.  

He has also taught at Ohio State University (1975-1976), the University of Minnesota (1981-1982), and Stanford University (1986-1987).  He has taught courses in corporate finance, investments, and capital markets in the graduate and undergraduate programs of these universities.  He received special recognition for his teaching as the winner of the Salgo Noren Outstanding Teacher Award (1993, 1995, 2011, 2012, and 2018), as the winner of the Most Effective Teacher MSM Program Award (1992), and as a winner of the Dean’s MBA Core Course Outstanding Teacher Award (2005, 2007, 2009, and 2011).

He has served as a member of the Boards of Directors of the Federal Home Loan Bank of Indianapolis, Harrington Financial Group, Inc., Harrington Bank FSB, Harrington West Financial Group, Inc., Los Padres Bank FSB, the American Finance Association, and the Western Finance Association.  He currently serves as a member of the Advisory Board of the Global Finance Academy of the University College Dublin. He has served on the Investment Committees (as Chairman), the Compensation Committees (as Chairman), and the Audit Committees of Harrington West Financial Group, Inc., Harrington Bank FSB, and Los Padres Bank FSB.

grandsons

McConnell's grandkids

He has served as a consultant to investment banks (including Merrill Lynch and Goldman Sachs), government agencies (including the Federal Home Loan Mortgage Corporation, the Department of Housing and Urban Development, the Department of Justice, the Office of Thrift Supervision, and the Office of Federal Housing Enterprise Oversight), and over 50 law firms throughout the U.S. on various aspects of financial markets and securities including such matters as stock and bond prices, corporate valuation, mergers and acquisitions, derivatives, mortgage backed securities (MBSs), collateralized mortgage obligations (CMOs), sub-prime lending, money management practices, and bank lending and investment practices.

granddaughters

granddaughters

He has published more than 100 articles in leading peer-reviewed finance, economics and management journals and edited books on such topics as stock and bond valuation and returns, portfolio management, mergers and acquisitions, corporate restructurings, derivative securities, asset leasing, and related topics.  He has been recognized for his scholarly achievements as the Distinguished Scholar of the Eastern Finance Association (2002) and as a Fellow of the Financial Management Association (2008).

He has served on the Editorial Boards of the Journal of Finance, Financial Management, the AREUEA Journal, the Journal of Real Estate Finance and Economics, the Financial Review, and the Pacific Basin Finance Journal.  He currently serves on the Editorial Boards of the Journal of Corporate Finance, the Journal of Financial and Quantitative Analysis, the Journal of Fixed Income, and the Real Estate Review.
Horse riding