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Paul Bursik

Associate Professor of Business Administration - Finance and Financial Management

B.A., Business Administration and Economics, University of Wisconsin-Stevens Point

Ph.D., Economics, Washington State University

Programs: Business AdministrationMaster of Business Administration

Born and raised in Central Wisconsin, I finished my undergraduate work at UW-Stevens Point, where I double majored in business administration and economics. I then traveled west to do my Ph.D. in Economics at Washington State University, where I focused on finance and monetary economics.

In finance, Washington State University was a leader in what has become known as behavioral finance, and in economics it was a leader in the economics of sports. My research interests are an outgrowth of both of these traditions of my alma mater. Behavioral finance studies the behavior of both people and prices in the financial markets. Instead of assuming rational behavior at all times, this field dares to look “inside the box,” examining the sometimes flawed and irrational behavior of economic agents as they make decisions and impact security prices. My dissertation work focused on the tendency of investors to overreact to new information, causing stock prices to take wider, predictable swings than rational behavior would suggest. My paper published in the Midwest Review of Finance and Insurance, “Stock Market Overreaction in the 1980s,” is a product of that work.

While I still enjoy working in the finance area, I have also teamed up with several other SNC professors on projects that have focused on the economics of sports. Lately, I have been able to join both my interests in behavioral finance and sports economics by examining various potential judgment errors made in both athletic talent evaluation and on-field strategies. Most recently, I contributed the chapter “Behavioral Economics in the NFL” to the book “The Economics of the National Football League: The State of the Art.”

I have taught a number of courses at SNC, but my current teaching is concentrated on corporate finance (MBA and undergraduate), investments, and financial institutions & markets. 

In my spare time I enjoy traveling, good food and wine, fishing, mountain biking and running. My wife, Deb, and I have two grown boys who largely grew up at SNC.

BUAD 256 Personal Finance
BUAD 284 Statistics for Business
BUAD 350 Corporate Finance
BUAD 351 Investments
BUAD 352 Financial Institutions & Markets
BUAD 355 Adv. Financial Management

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