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Ambrose Appointed Ph.D. Director

The Penn State Smeal College of Business has appointed Brent Ambrose, Smeal Professor of Risk Management, to direct the college's Ph.D. program, effective July 1. Ambrose replaces Susan Xu, professor of management science and supply chain management.
May 21, 2012

The Penn State Smeal College of Business has appointed Brent Ambrose, Smeal Professor of Risk Management, to direct the college's Ph.D. program, effective July 1. Ambrose replaces Susan Xu, professor of management science and supply chain management.

As Ph.D. director, Ambrose will work closely with Smeal's academic departments on student recruitment, admissions, funding issues, graduate-level curriculum design, and Ph.D. candidate research requirements. He will also serve as ombudsman for the college's doctoral students and as adviser to the Smeal Ph.D. Association.

Ambrose is also the director of the Institute for Real Estate Studies, Smeal's conduit between real estate academia and industry, serving its corporate membership, students, and real estate researchers.

He teaches at the graduate and undergraduate levels and conducts a robust research agenda focusing on real estate finance, corporate finance, and fixed income security analysis. He serves on the editorial boards of the International Real Estate Review, the Journal of Real Estate Finance and Economics, the Journal of Real Estate Research, and Real Estate Economics.

Ambrose sits on the board of the Real Estate Research Institute and is a board member and past president of the American Real Estate and Urban Economics Association.

Ambrose joined the Smeal faculty in 2006, from the University of Kentucky, where he held the Kentucky Real Estate Professorship and served as director of the Center for Real Estate Studies and professor of finance. He previously served on the faculty at the University of Wisconsin-Milwaukee and was a visiting associate professor and research fellow at the Wharton School of Business. He is also a fellow of the Weimer School of Advanced Studies in Real Estate and Land Economics at the Homer Hoyt Advanced Studies Institute and a fellow of the Real Estate Research Institute.

He holds an M.B.A. and Ph.D. from the University of Georgia and a bachelor's degree from Wake Forest University.

For more information on the Smeal Ph.D. Program, visit www.smeal.psu.edu/phd.

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