Constand - Richard

Dr. Richard L. Constand

Professor of Finance

Office:                 Bldg. 76 - Room 213 ( College of Business )

Office Phone:     (850) 857-6290 (don’t leave a message here – email instead)




Department of Accounting and Finance

College of Business

The University of West Florida

11000 University Parkway

Pensacola, Florida 32514-5752


(Note: materials for all classes are distributed via email)


Current Classes at UWF:

FIN 3244     Introduction to Financial Markets and Institutions

FIN 4424     Problems in Corporate Finance

GEB 6895    Business and Public Policy (MBA and German Executive MBA)



Older Classes at UWF:

FIN 3403     Managerial Finance

FIN 4324     Commercial Bank Management

FIN 6406     MBA Managerial Finance

GEB 5879    Accelerated MBA Business Analytics


In the past, I’ve also taught courses in the areas of International Banking, Japanese Corporate Finance, and Entrepreneurial Finance while at the University of Hawaii.  




Google Scholar Page – List of Academic Publications


While at the University of Hawaii most of my research focused on Japanese Corporate Finance topics and Entrepreneurial Finance. Current research is focused on pedagogical topics.

My research has appeared in Financial Management, Global Finance Journal, Journal of Multinational Financial Management, Journal of Entrepreneurial Finance, Journal of Risk and Insurance and other academic and practitioner publications.  See the link above for a listing.




I also provide financial and economic consulting services to the legal and business community in Hawaii, California, Florida and other states.   This consulting work focuses on the valuation of closely held businesses, business related losses for litigation purposes, and the economic analysis of lost earnings in personal injury and wrongful death cases.




Ph.D.         Finance                 

(12/1989) - Florida State University       

M.B.A.      Finance                

(12/1983) - Florida State University

B.S.           Finance / Multinational Business

(  8/1982) - Florida State University





Academic Position




University of West Florida                


Full Professor             

( 8/2003 -    present)

Associate Professor    

( 8/2000 -    8/2003)



University of Hawaii


Full Professor                                     

 ( 7/1998 -   8/2000)

Associate Professor                            

 ( 7/1993 -   6/1998)

Assistant Professor                            

 ( 8/1988 -   6/1993)



Florida State University


Instructor (part-time)

(  1/1984 -   8/1988)                                       

Research Assistant (part-time)           

(  9/1985 -   5/1986)                           

Management Analyst                         

(12/1983 - 12/1984)


Professional Licenses (currently inactive)

(Note: These brokerage licenses were active while serving on the Board of Directors of the Bancorp Investment Group in Honolulu, Hawaii in the 1990’s)


FINRA (NASD) Series   7 License - Registered Securities Brokerage Representative

FINRA (NASD) Series 24 License - General Securities Brokerage Principal

FINRA (NASD) Series 63 License - All States Securities Registration




Completed the Appalachian Trail:                             

(2,180 miles of trail through 14 U.S. states starting in North Georgia and ending in Northern Maine)

Appalachian Trail Conference website         

Appalachian Long Distance Hikers Association


Now hiking sections of the Via Alpina:                    

(Over 3,000 miles through 8 countries in Europe - Green Trail section planned for summer 2015)      

Via Alpina                                                      


            Favorite current camping / hiking areas:


                        Jungfrau Region



While in Hawaii:

Hawaii and Trail Listing

Hawaii – Big Island

Hawaii – Kauai – Waimea Canyon

Hawaii – Maui - Haleakala





Steppenwolf - The Ostrich




The Who - Won't Get Fooled Again