Richard Callaway MBA, Ph.D.

Richard Callaway, MBA, Ph.D.

Program Director, Doctor of Business Administration

Brother Louis Hall, BLH240    |    Campus Box: # 28
(612) 728-5149   |

Program Director and Professor-Doctor of Business Administration.

Dr. Callaway enjoys playing snooker and reading.

  • Scholarly & Creative Interests

    Financial markets, income redistribution, and its effect on the global economy, economic growth policy.

    Rick’s Current DBA Candidates are conducting dissertation research on:

    • Effects of anti-predatory lending legislation, corruption in developing countries,
    • Bank stress-testing
    • Correlations between stock market returns and exchange rates
    • Absorptive capacity
    • Economic growth in Laos.


  • Courses Taught Recently at Saint Mary's

    Global Markets and Resources

    The Developed World

    Topical Papers in Macroeconomics

    Topical Papers in Finance.

  • Education
    B.A. Economics and Spanish- University of Wisconsin- La Crosse
    MBA, Ph.D, Finance-Indiana University
  • Experience

    Rick has taught Finance courses at Louisiana State University, University of Tennessee at Chattanooga, University of Wisconsin – La Crosse. Financial Analyst at General Mills, Musicland, Consultant to Loon Foods, Advantage Midwest.

    Example Publications, Presentations, and Essays:  

    Gender Differences in Employment and Starting Salaries: The Impact of College-Acquired Characteristics Research in Higher Education.

    Evidence of the Nonstationarity of the Variance Rate of Return of New York Stock Exchange Listed Stocks Financial Review

    The Persistence of Three-year Mutual Fund Performance. Journal of Financial Planning.  

    A Depiction of Workplace Ethical Dilemmas Faced by Graduate Students  AXIS: Journal of Lasallian Higher Education.