Wisconsin School of Business

Mark Ready

Department Chair for Finance, Investments and Banking, Academic Director of the Hawk Center for Investment Analysis

Professor - Finance, Hawk Center for Investment Analysis
Jeffrey J. Diermeier Chair in Finance

Mark Ready holds the Jeffrey Diermeier Chair in the Department of Finance, Investment, and Banking at the Wisconsin School of Business. He is also the department chair of Finance. He came to the University of Wisconsin-Madison in 1990, after completing his PhD at Cornell University.

From the outset, he has been able to bring a practical dimension to his courses, having spent seven years in various finance positions at Ford Motor Company before pursuing his Ph.D.

Ready’s research focus is in investments and he is well known and highly regarded in the academic community. His work has been cited in more than 450 separate articles published in finance and accounting journals, and he has served as associate editor for both the Review of Financial Studies and Financial Management. He has published studies examining risk and return of a variety of trading strategies, ranging from technical trading rules for timing market returns, to strategies that select individual stocks based on various fundamental measures.

Ready has taught both corporate and investments courses in the undergraduate, MBA, and executive programs, and he has served as chair of both the Finance Ph.D. program and the Quantitative Masters of Finance (QMF) program.

Ready’s work has drawn the attention and respect of practitioners and regulators.

He served on NASDAQ’s Economic Advisory Board from 1998-2000, and he was the chief economist and director of the Office of Economic Analysis at the U.S. Securities and Exchange Commission from April 2000 through January 2001.

Ready earned his Ph.D. from Cornell University.
 

Selected Published Journal Articles


Odders-White, E. & Ready, M. (2008). The Probability and Magnitude of Information Events. Journal of Financial Economics (87), 227-248. doi: 10.1016/j.jfineco.2007.01.003.
He, C. & Odders-White, E. & Ready, M. (2006). The Impact of Preferencing on Execution Quality. Journal of Financial Markets (9), 246-273. doi: 10.1016/j.finmar.2006.02.003.
Odders-White, E. & Ready, M. (2006). Credit Ratings and Stock Liquidity. Review of Financial Studies (19), 119-157. doi: 10.1093/rfs/hhj004.

Selected Submitted Journal Articles


Del Guercio, D. & Odders-White, E. & Ready, M. (2015). The Deterrence Effect of SEC Enforcement Intensity on Illegal Insider Trading.

Presentations


Q-Group annual meeting ( 2010 ) Determinants of Volume in Dark Pools

American Finance Association Annual Meeting ( 2010 ) Determinants of Volume in Dark Pools


Undergraduate Courses


Investments
Course DescriptionPrinciples, issues and methods relating to the management of investment portfolios; investment needs of small and institutional investors; investment risks associated with financial market conditions and business cycle flucuations.
(FIN 320), Spring 2002.

Investments
Course DescriptionPrinciples, issues and methods relating to the management of investment portfolios; investment needs of small and institutional investors; investment risks associated with financial market conditions and business cycle flucuations.
(FIN 320), Spring 2002.

Investments
Course DescriptionPrinciples, issues and methods relating to the management of investment portfolios; investment needs of small and institutional investors; investment risks associated with financial market conditions and business cycle flucuations.
(FIN 320), Spring 2003.

Investments
Course DescriptionPrinciples, issues and methods relating to the management of investment portfolios; investment needs of small and institutional investors; investment risks associated with financial market conditions and business cycle flucuations.
(FIN 320), Spring 2003.



Graduate Courses


PhD Thesis
Course DescriptionIndividual work to complete dissertation requirement of Ph.D. program.
(FIN 990 Section 1), Spring 2007.

Security Anal&Invstmt Mgt 2
Course DescriptionContinuation of Finance 835.
(FIN 836 Section 1), Spring 2009.

ASAP
Course DescriptionThe management of an actual portfolio of investments. Students engage in security analysis, develop a portfolio policy, and participate in field research such as trips to interview the management of potential portfolio acquisitions.
(FIN 835 Section 1), Fall 2008.

Investment Theory & Applicatn
Course DescriptionTheory and practice of finance investment: financial market structure, arbitrage, theory of risk and return, behavior of financial prices, option contracts, futures and forward contracts, valuation of derivatives, interest rates, fixed-income securities, common stock and portfolio theory.
(FIN 721 Section 1), Spring 2009.

Investment Theory and Application
Course DescriptionTheory and practice of finance investment: financial market structure, arbitrage, theory of risk and return, behavior of financial prices, option contracts, futures and forward contracts, valuation of derivatives, interest rates, fixed-income securities, common stock and portfolio theory.
(FIN 721), Spring 2005.

Investment Theory and Application
Course DescriptionTheory and practice of finance investment: financial market structure, arbitrage, theory of risk and return, behavior of financial prices, option contracts, futures and forward contracts, valuation of derivatives, interest rates, fixed-income securities, common stock and portfolio theory.
(FIN 721), Spring 2006.

Investment Theory & Applicatn
Course DescriptionTheory and practice of finance investment: financial market structure, arbitrage, theory of risk and return, behavior of financial prices, option contracts, futures and forward contracts, valuation of derivatives, interest rates, fixed-income securities, common stock and portfolio theory.
(FIN 721 Section 1), Spring 2010.

Investment Theory and Applications
Course DescriptionTheory and practice of finance investment: financial market structure, arbitrage, theory of risk and return, behavior of financial prices, option contracts, futures and forward contracts, valuation of derivatives, interest rates, fixed-income securities, common stock and portfolio theory.
(FIN 721 Section 1), Spring 2007.

Investment Theory & Applicatn
Course DescriptionTheory and practice of finance investment: financial market structure, arbitrage, theory of risk and return, behavior of financial prices, option contracts, futures and forward contracts, valuation of derivatives, interest rates, fixed-income securities, common stock and portfolio theory.
(FIN 721 Section 1), Spring 2008.

Investment Theory and Practice
Course DescriptionDevelopment of the theory, instruments, techniques and practice of modern investment management. Topics include asset pricing and valuation under certainty and uncertainty, portfolio management, determination of interest rates, immunization strategies and derivative securities.
(FIN 720), Fall 2003.

Investment Theory and Practice
Course DescriptionDevelopment of the theory, instruments, techniques and practice of modern investment management. Topics include asset pricing and valuation under certainty and uncertainty, portfolio management, determination of interest rates, immunization strategies and derivative securities.
(FIN 720), Spring 2004.

Investment Theory and Practice
Course DescriptionDevelopment of the theory, instruments, techniques and practice of modern investment management. Topics include asset pricing and valuation under certainty and uncertainty, portfolio management, determination of interest rates, immunization strategies and derivative securities.
(FIN 720), Spring 2005.

Investment Theory and Practice
Course DescriptionDevelopment of the theory, instruments, techniques and practice of modern investment management. Topics include asset pricing and valuation under certainty and uncertainty, portfolio management, determination of interest rates, immunization strategies and derivative securities.
(FIN 720), Spring 2005.

Investment Theory and Practice
Course DescriptionDevelopment of the theory, instruments, techniques and practice of modern investment management. Topics include asset pricing and valuation under certainty and uncertainty, portfolio management, determination of interest rates, immunization strategies and derivative securities.
(FIN 720), Spring 2006.

Investment Theory and Practice
Course DescriptionDevelopment of the theory, instruments, techniques and practice of modern investment management. Topics include asset pricing and valuation under certainty and uncertainty, portfolio management, determination of interest rates, immunization strategies and derivative securities.
(FIN 720), Spring 2006.

Introduction to Financial Management
Course DescriptionIntroduction to financial management of firms and investment decision making; both theory and practice are emphasized. Topics covered include the financial environment and securities markets, financial statements and analysis, working capital management and capital budgeting, cost of capital, dividend policy, asset valuation, investments, decision making under uncertainty and selected topics such as mergers, options, futures.
(FIN 700), Spring 2001.

Introduction to Financial Management
Course DescriptionIntroduction to financial management of firms and investment decision making; both theory and practice are emphasized. Topics covered include the financial environment and securities markets, financial statements and analysis, working capital management and capital budgeting, cost of capital, dividend policy, asset valuation, investments, decision making under uncertainty and selected topics such as mergers, options, futures.
(FIN 700), Spring 2001.



Combined Undergraduate & Graduate Courses


Security Anal&Invstmt Mgt 2
Course DescriptionContinuation of Finance 835.
(FIN/FIN 536/836 Section 1), Spring 2008.

Investment Theory and Applications
Course DescriptionThe management of an actual portfolio of investments. Students engage in security analysis, develop a portfolio policy, and participate in field research such as trips to interview the management of potential portfolio acquisitions.
(FIN/FIN 835/535 Section 1), Fall 2007.

Security Anal&Invstmt Mgt 2
Course DescriptionContinuation of Finance 835.
(FIN/FIN 536/836 Section 1), Spring 2007.



Editorial and Reviewing Activities


Financial Management - Associate Editor - September 2002 - June 2011
Associate Editor


Photograph of Mark Ready

Mark Ready

Department Chair for Finance, Investments and Banking, Academic Director of the Hawk Center for Investment Analysis
 
Professor | Finance, Hawk Center for Investment Analysis
Jeffrey J. Diermeier Chair in Finance
(608) 262-5226
5274B Grainger Hall