Roger Edelen has been appointed associate professor in the Department of Finance, Insurance, and Business Law at Virginia Tech’s Pamplin College of Business.

Edelen is one of nine new full-time tenured or tenure-track faculty members at Pamplin this fall. Their addition reflects the college’s commitment to hiring faculty to further strengthen its teaching, research, and business outreach, particularly in areas concerning business analytics, innovation and entrepreneurship, and sustainable global prosperity.

Edelen received his Ph.D. in finance from the University of Rochester. He earned an MBA and a bachelor’s degree at the University of Texas at Austin.  

His research interest is institutional investing, where he has made both empirical and theoretical contributions. Much of his work has focused on the role that operational and organizational influences play on mutual fund performance, particularly relating to transaction costs and shareholder flow. 

More generally, his interests in institutional trading have generated several studies of asset pricing relating to aggregate fund flows, high-frequency price adjustment delays, indexed securities, IPO pricing strategies, post-issuance returns of secondary equity offerings, and factor-based stock market anomalies.

Edelen has taught courses on statistics, investments, equity valuation, and derivative securities.

Before joining Virginia Tech, Edelen was an associate professor at the University of California at Davis Graduate School of Management. He also taught at the Carroll School of Management at Boston College and the Wharton School, University of Pennsylvania.

His four years of experience in the investment management industry comprises work at ReFlow Management as director of research and at Mellon Capital Management as director of enhanced equity strategies; options trading at O’Connor and Associates; and consulting services on litigation and financial product development.