Gowri Shankar

Associate Professor

Gowri Shankar

Associate Professor

Dr. Shankar earned undergraduate and graduate degrees from Bangalore University and the Indian Institute of Management-Ahmedabad, and a Ph.D. in Finance from Syracuse University. His scholarship has been published in the Financial Review, Economics Letters, Applied Financial Economics, Financial Services Review, Journal of Investing, Journal of Retirement, Business Horizons and other journals. His research focuses on the constitution and performance of stock market indexes, the evolution of stock trading over time, and retirement income modeling.

Dr. Shankar has taught courses in the area of finance, accounting, managerial economics and risk management & insurance. He has been conferred several teaching awards including the UW Distinguished Teaching Award in 2008 (the highest teaching award at UW, awarded annually to one member of the UWB faculty), the MBA Professor of the Year Award in 2002 and in 2003 and the UWB School of Business Undergraduate Teaching Award in 2019.

Dr. Gowri Shankar served as the Vice Chancellor for Planning & Administration (VCPA) for UW Bothell from 2019 to 2025. overseeing Institutional Planning & Budgeting (IPB), Fiscal & Audit Services (FAS), Organizational Excellence & Human Resources (OEHR), Campus Facilities & Services (FSCO), Physical Planning & Space Management (PPSM), UWB Information Technologies (IT), Campus Safety, and Commuter Services and Sustainability. Dr. Shankar served on the UWB Chancellor’s Executive Team and on several planning committees at the University level.

In 2018-19, Dr. Shankar served as the Chair of the UWB General Faculty Organization and lead an initiative to strengthen faculty governance with the creation of UWB School By-Laws and Elected Faculty Councils at the Schools. He has served on the UW Faculty Council on Benefits and Retirement and co-chaired advisory search committees for the Chancellor and the Vice-Chancellor. From 2009 to 2013, he served as the Associate Director/Associate Dean for Graduate Programs in the UWB School of Business.

Education

Ph.D. in Finance
Syracuse University

MBA in Management
Indian Institute of Management, Ahmedabad, India

M.S. in Commerce
Bangalore University, India

B.A. in Commerce
Bangalore University, India

Professional Certification

  • Chartered Financial Analyst (CFA), CFA Institute, Charlottesville, VA.

Courses

  • BBUS 310 Managerial Economics – Undergraduate
  • BBUS 350 Business Finance – Undergraduate
  • BBUS 451 Financial Policy & Planning – Undergraduate
  • BBUS 453 Financial Markets & Institutions – Undergraduate
  • BBUS 454 Investments – Undergraduate
  • BBUS 459 Topics: Risk Management & Insurance – Undergraduate
  • BBUS 466 Applied Managerial Accounting – Undergraduate
  • BBUS 503/504 Financial & Managerial Accounting – MBA

Research and Scholarship Interests

Market Anomalies, event studies, market indexes, evolution of markets, performance of index funds & ETF’s, retirement plans, financial planning, insurance industry.

University of Washington Bothell School of Business
Associate Professor – Finance 2007 to present
Assistant Professor – Finance – 2001 to 2007
Visiting Associate Professor – Finance – 2000 to 2001

State University of New York
Associate Professor in Finance – 1995 to 2001
Assistant Professor – Finance – 1990 to 1995

Cornell University Statler School of Hotel Administration
Adjunct Associate Professor – 1995 to 2000

Administrative Appointment and Key Leadership Positions

University of Washington Bothell School of Business
Associate Dean & Director of Grad Programs – 2009 to 2013

University of Washington Bothell
Vice-Chancellor, Planning and Administration – 2019 to 2025

  • S. Gowri Shankar, James M. Miller and P.V. (Sundar) Balakrishnan, 2020.”Evolutionary Disruption of S&P 500 Trading Concentration: An Intriguing Tale of a Financial Innovation” PLoS ONE 15(3):
  • S. Gowri Shankar, 2016. “Proposal for an Innovative Security for Retirees”. Journal of Retirement, Vol. 4, No. 2: pp. 37–43
  • P. V. (Sundar) Balakrishnan, A. Steven Holland, James M. Miller and S. Gowri Shankar, 2013. “Market closings and concentration of stock trading: an empirical analysis”. Applied Financial Economics, Vol. 23, No. 17, 1393–1398.
  • S. Gowri Shankar, 2009. “A new strategy to guarantee retirement income using TIPS and Longevity Insurance”. Financial Services Review 18:53–68.
  • P. V. (Sundar) Balakrishnan, James M. Miller and S. Gowri Shankar, 2008. “Power Law and Evolutionary Trends in Stock Markets”. Economics Letters 98:194–200.
  • S. Gowri Shankar, 2007. “Active versus passive index management: A performance comparison of the S&P and Russell indexes”. Journal of Investing 16, no. 2: 85–95.
  • S. Gowri Shankar and James M. Miller, 2006. “Market Reaction to Changes in the S&P SmallCap 600 Index.” The Financial Review 41, no. 3: 339–360.
  • James M. Miller and S. Gowri Shankar, 2005. “The Effects of Open Market Stock Repurchases by Insurance Companies.” Journal of Insurance Issues 28, no. 2:167–82.
  • S. Gowri Shankar and James M. Miller, 2003. “Retirement Plan Choices and Outcomes.” Business Horizons 46, no. 4: 53–60.
  • S. Gowri Shankar and A. Ngome Ntoko, 2001. “A Note on the Treatment of Stock Valuation in Corporate Finance Textbooks.” Journal of Accounting and Finance Research 9, no. 2: 89–93.

Teaching Awards

  • UW Bothell Distinguished Teaching Award – 2008
  • MBA Professor of the Year – 2003
  • MBA Professor of the Year – 2002
  • Undergraduate Teaching Award – 2019