PHILIP L. TEW
College of Business Room 332B
Office Number (870)972-3742
EDUCATION:
Doctor of Philosophy University of Mississippi 2009
Major – Finance
Minors – Econometrics and Management Information Systems
Master of Taxation University of Mississippi 2003
Juris Doctorate University of Mississippi 1997
Master of Business Administration University of Mississippi 1997
Bachelor of Business Administration University of Mississippi 1993
Majors: Banking and Finance; Managerial Finance; and General Business
Additional Education:
George Mason University Economics of Public Pension Reform 2016
George Mason University Public Choice Conference 2016
Interactive Teaching and Technology Center’s Summer Institute 2016
George Mason University Public Choice Conference 2015
Interactive Teaching and Technology Center’s Summer Institute 2015
George Mason University Empirical Research in the Law Conference 2014
Interactive Teaching and Technology Center’s iInstitute 2014
Office of Research and Technology Transfer Grant Writing Institute 2013
Interactive Teaching and Technology Center’s Summer Institute 2012
Interactive Teaching and Technology Center’s Course Assessment
Workshop 2012
FACULTY EXPERIENCE:
Associate Professor of Finance Arkansas State University 2015 – Present
Director of Center for Economic Education and Financial Literacy 2015 – Present
Arkansas State University
Workshops: Financial Literacy for K-12 Teachers
Economics and Media for K-12 Teachers
Retirement Planning – Hytrol Manufacturing
Investing for the Future – JYPN Luncheon
High School Business Plan Competition
The Stock Market Game for Teachers
The Stock Market Game for students
Entrepreneurship for Students (3
rd
– 8
th
Grade)
Entrepreneurial Leadership Conference (4
th
– 12
th
grade)
Business Expo (3
rd
– 8
th
grade)
How to Get Rich in College (or at least not go broke)
Director of Scarlet to Black Financial Literacy Program 2018 – Present
Arkansas State University
Workshops Financial Boot Camp
How to Get Rich in College
The Best Things in College are Free
How to Get Your Side Hustle On
Black Friday Budgeting
Identity Theft
Taxes, we don’t Know Nothing about Taxes
Negotiating that First Job
Assistant Professor of Finance Arkansas State University 2009 – 2015
Graduate Instructor University of Mississippi 2004 – 2009
Visiting Instructor Mississippi State University 2007 - 2008
COURSES TAUGHT
ACCT 4163 Estate Planning and Taxation Arkansas State University
BUS 1003 First Year Experience Arkansas State University
ECON 2113 Business Statistics I Arkansas State University
ECON 2323 Principles of Microeconomics Arkansas State University
FIN 2013 Personal Asset Management Arkansas State University
FIN 3713 Business Finance Arkansas State University
FIN 3773 Financial Risk Management Arkansas State University
FIN 4013 Financial Wealth Management Arkansas State University
FIN 4293 New Venture Financing Arkansas State University
FIN 4743 Investments Arkansas State University
FIN 4753 Managerial Finance Arkansas State University
FIN 6053 Financial Statement Analysis Arkansas State University
FIN 6723 Corporate Financial Management Arkansas State University
FIN 6743 Seminar in Finance Arkansas State University
LAW 459V Law and Finance Arkansas State University
FIN 3123 Financial Management Mississippi State University
FIN 3723 Financial Markets Mississippi State University
FIN 303 Money and Banking University of Mississippi
FIN 331 Business Finance I University of Mississippi
FIN 333 Monetary and Banking Policy University of Mississippi
FIN 334 Investments University of Mississippi
FIN 338 Intermediate Financial Management University of Mississippi
FIN 534 Managing Financial Institutions University of Mississippi
NON-FACULTY WORK EXPERIENCE:
Legal Counsel: Hope Enterprise Corporation / Hope Credit Union 1998 – Present
Fiscal Analyst: University of Mississippi – Student Housing 1995 – 1998
RESEARCH:
Peer-Reviewed Articles:
(1) “The Financial Literacy and Actions of College Students”. Consumer Interests Annual
(forthcoming)
(2) “Short Sales, Class Action Lawsuits, and Potential Information Leakages” with Blau, B. Journal of
Financial Markets (2014) Volume 20, p. 79-100
(3) “Retirement Funds in Bankruptcy: Clark v. Rameker” with Robertson, P. Business Law Review
(2014) Volume 47, p. 97-114
(4) “A Note on the US Unemployment Rate and Unionization” with Crawford, J., Kern, D., and
Taylor, R. Review at Journal of Business, Industry, and Economics (Spring 2013)
(5) “Market Based vs. Bank Based Systems: What matters when it comes to economic
development”. Journal of Business Administration Online (Fall, 2012)
(6) “Class Action Lawsuits and Venue: Does the Market Care?” Journal of Business Administration
Online (Fall, 2010)
Textbooks
(1) “Money Talks – Teach Yours Not to Say Goodbye: Personal Financial Management”. Great
River Learning Publishing. 2020. ISBN: 97-81644963159
(2) “Looking Behind the Curtain: An Overview of Microeconomics”. Great River Learning
Publishing. 2018. ISBN: 97-81680759082
Working Papers:
(X = undergraduate student)
(1) “Impact of proximity to fresh fruits and vegetable to First Year College Students’ financial
decision making.” with Leonard, A. (X) and Ricker M. (X)
(2) “Does Knowledge of Financial Concepts Equate to Smarter Financial Decisions?” with Tew, K.
(3) “Financial Literacy and College Students” with Tew, K.
(4) “Using Social Media and New Product Announcements to Explain the EMH”
(5) “Politics, Religion, and Money - Maybe we should talk about them” with Carmack, R.
(6) “High School Requirements Effects on College Students Financial Literacy”
(7) “Peer to Peer Financial Mentoring”
Academic Presentations
(X = undergraduate student, Y = graduate student)
(1) “Trade – It’s Not Just for Wars”. Real Economics for All Conference (moved from Little Rock, AR to
online due to COVID-19) (2020)
(2) “An Analysis of the Financial Literacy and Financial Actions of College Students”. American Council
on Consumer Interests Annual Conference (moved from Arlington, VA to online due to COVID-19)
(2020)
(3) “Financial Literacy, Financial Actions, and College Students – Do they go Together?” with (X) D.
Ogden and (Y) R. Washam. 47
th
Annual Southwestern Finance Association Conference in San Antonio,
TX (2020) *CANCELED DUE TO COVID-19
(4) “Scarlet to Black: A Comprehensive Student-led Approach to Financial Literacy” with (X) M. Ricker
and (X) A. Leonard. 39
th
Annual Conference on the First-Year Experience in Washington, D.C. (2020)
(5) “Politics, Religion, and Money – Maybe we should talk about them.” Financial Services Association
Annual Conference in Las Vegas, NV (2016)
(6) “Twitter, iWatches, and Fama: Using Social Media and New Product Announcements to Explain the
EMH” Financial Educators Association Conference in San Antonio, TX (2015)
(7) “Does Knowledge of Financial Concepts Equate to Smarter Financial Decisions?” with Tew, K.,
Financial Educators Association Conference in San Antonio, TX (2015)
(8) “Peer+1 to Peer Financial Mentoring and First Year Students” with Tew, K. 34
th
Annual Conference
on the First Year Experience, Dallas, TX (2015)
(9) “Common Reader, Common Project, Uncommon Results in Critical Thinking” with Sirota, K., and Tew,
K., 34
th
Annual Conference on the First Year Experience, Dallas, TX (2015)
(10) “Breaking the Cycle of Poverty: Improving Financial Literacy” Delta Health Disparities Conference,
Jonesboro, AR (2014)
(11) “Peer to Peer Financial Literacy Training” St. Louis Federal Reserve Bank Economics Professors’
Conference, St. Louis, MO (2014)
(12) “Financial Literacy and College Students”** with Tew, K. Financial Educators Association
Conference, Savannah, GA (2014)
(13) “Search Engine Predictability of Bank Distress”. Southwest Finance Association Annual Conference.
Dallas, TX (2014)
(14) “How to get rich in college……. Or at least not go broke.” National Phi Beta Lambda Leadership
Conference. Nashville, TN (2014)
(15) “Smart Financial Decisions” Delta Health Conference. Jonesboro, AR (2013)
(16) “Short Sales, Class Action Lawsuits, and Potential Information Leakages” Southern Finance
Association Annual Conference. Key West, FL (2011)
(17) “On-line vs. In-Person Classes: Using Technology to Achieve Similar Expectations”. ASU Online and
Distance Education Regional Conference. Jonesboro, AR (2011)
(18) “The Contagion Effects of Bankruptcy on Future SME Lending” Southern Finance Association
Annual Conference. Asheville, NC (2010)
(19) “The Contagion Effects of Bankruptcy on Future SME Lending” Financial Management Association
Annual Conference. New York, NY (2010)
(20) “Class Action Lawsuits Venue: Does the Market Care?” Arkansas College Teachers of Economics
and Business Annual Conference. Russellville, AR (2010)
(21) “Is Financial Distress Risk Systematic? A look at the Short Sells” Financial Management Association
Annual Conference. Reno, NV (2009)
** RUNNER-UP FOR OUTSTANDING PAPER
Grants
External:
(1) Kays Foundation. $8,000.00. Scarlet to Program. 2020.
(2) Arvest Bank Foundation. $10,000. Scarlet to Black Program. 2019.
(3) Kays Foundation. $7,723.04. Scarlet to Black Program. 2019.
(4) National Endowment for Financial Education. $750. Budgeting and College Students. 2014.
(5) TIAA-CREF Foundation. $50,000. Promotion of financial literacy to graduate students. 2013.
Internal:
(1) Office of the Provost. $2,000. Financial Literacy for College Students. 2014.
(2) College of Business Summer Research Grant. $10,000. 2013, 2015.
Non-Conference Presentations.
(1) Interview with KJNB (television station in Northeast Arkansas) – “Ending of COVID-related Federal
Unemployment Funds effects on local economy.” July 30, 2020.
(2) Interview with KJNB (television station in Northeast Arkansas) – “COVID-19 and Unemployment.”
April 30, 2020.
(3) Presentation to Rotary Club of Jonesboro – “COVID-19 and Northeast Arkansas.” April 21, 2020.
(4) Interview with KJNB (television station in Northeast Arkansas) – “2020 Stimulus Checks and Financial
Literacy.” April 20, 2020.
(5) Interview with KAIT (television station in Northeast Arkansas) – “2020 Stimulus Checks and Financial
Literacy.” April 16, 2020.
(6) Interview with KASU (National Public Radio station in Northeast Arkansas) – “COVID-19 impact on
the Jonesboro Economy.” April 8, 2020.
(7) Interview with KJNB (television station in Northeast Arkansas) – “COVID-19, Unemployment, and the
Jonesboro Economy.” April 2, 2020.
(8) Presentation to Jonesboro Kiwanis Club – “Scarlet to Black Program”. October 16, 2019.
(9) Interview with KASU (National Public Radio station in Northeast Arkansas) – “Expansion of the
Scarlet to Black Program”. April 25, 2019.
(10) Interview with Wallethub.com – “Ask the Experts: Low-interest Credit Cards”. October 27, 2018.
(11) Interview with NBC News – “The Mega Millions Winner’s dilemma: Should you take the lump sum
or annual payments?” October 23, 2018
(12) Interview with KASU (National Public Radio station in Northeast Arkansas) – “Tew Teaches Financial
Literacy Across Arkansas”. August 3, 2018.
(13) Interview with Arkansas Democrat Gazette (state newspaper for Arkansas) – “Powerball’s appeal
defies math, experts say”. January 23, 2016.
SERVICE
Student Research and Competition Coaching
(1) Biondolillo, Jesseca. “Financial Literacy Rates of A-State Students”. Senior Honors Thesis. 2020.
Committee Member.
(2) Tuell, Brooks. iOme Challenge Competition. 2020.
(3) *Carter, Alec; Ferrell, Coy; and Hutchins, Maegan. Windstream Case Study Competition. 2020. *3
rd
Place in State Competition
(4) *Leonard, Alexus & Ricker, Melanie. “Scarlet to Black: A Comprehensive Student-led Approach to
Financial Literacy”. Create at State Symposium. 2020. Research Mentor. *winner of Dean’s Award for
Poster Presentation
(5) James, Katherine. “Unearthing the Consequences of the Conventional Food System.” Master of
Public Administration Thesis. 2019. Committee Member.
(6) Handloser, Sarah. “Free Speech in the Social Media Age”. Senior Honors Thesis. 2019. Committee
Member.
(7) Corbitt, Zachary. “Community Development Financial Institutions: Effectiveness of Minority Small
Business Growth.” Senior Honor Thesis. 2019. Committee Chairperson
(8) Black, Samantha. “The Effectiveness of the Healthcare Systems in the USA, Canada, and Australia”.
Senior Honors Thesis. 2018. Committee Member
(9) Chancellor, Leah. “Establishing a Student Managed Fund at Arkansas State University.” Senior
Honors Thesis. 2014. Committee Member.
(10) Todd, Andrew. “Derivative Securities and the Financial Crisis of 2008.” Senior Honors Thesis. 2013.
Committee Member.
Non-compensated Positions / Committee memberships
(D = departmental; C = college, U = university, L = local community, S = state, N = national)
(U) The 100 Mentor Program 2020 - present
(C) College Promotion, Retention, and Tenure Committee 2019 - present
(S) State Adviser for Arkansas– Phi Beta Lambda 2016 – present
(S) Arkansas Business Educators’ Association Board Member 2016 – present
(N) Program Committee, Conference of the First Year Experience 2015 - present
(U) A-State Phi Beta Lambda Adviser 2013 – present
(S) Judge for High School FBLA State Competition Academic Events 2010 - present
(L) Judge for High School FBLA Regional Competition Academic Events 2010 – present
(C) MBA Written Communication Assessment 2010 – present
(D) Chair of Economics and Finance Promotion, Retention and Tenure Committee 2019 – 2020
(U) Faculty Senator 2016 – 2018
(U) A-State Student Research Counsel Faculty Board 2015 – 2017
(N) Program Committee, Eastern Finance Association, National Meeting 2014
(N) Program Committee, Southwestern Finance Association National Meeting 2014
(N) Discussant, Southwestern Finance Association, National Meeting 2014
(C) Public Relations Committee 2013 - 2014
(C) Chairman of College of Business Scholarship Committee 2011 – 2017
(U) University Scholarship and Financial Aid Committee 2011 - 2013
(U) College of Business representative on Honors Council 2011 - 2015
(U) Moderator for Int’l Educ. Week Program on Occupy Wall Street 2011
(L) Judge for Middle School FBLA regional competition 2011 - 2012
(C) Entrepreneurship Committee 2011 - 2012
(L) Craighead County Single Parent Scholarship Board Member 2011 - 2014
(S) Arkansas College Teachers of Economics and Business Board Member 2010 - 2011
(C) Internship Committee 2010 - 2011
(C) Distance Education Task Force 2010 - 2012
(L) United Way VITA volunteer 2010
(U) University Concert and Lecture Committee 2010 - 2012
(U) Judge for A-State Moot Court team 2009 - 2014
(C) Graduate Programs Committee 2009 – 2010
(N) Discussant, Financial Management Assoc., National Meeting 2009 - 2010
(N) Program Committee, Financial Management Association, National Meeting 2009 - 2011
(N) Discussant, Southern Finance Association, National Meeting 2009 - 2011
(N) Program Committee, Southern Finance Association, National Meeting 2009 – 2011
AWARDS and HONORS
(1) Scarlet to Black Program – Top 50 Collegiate Financial Literacy Program 2020
(2) A-State Phi Beta Lambda – Largest Collegiate Chapter in the Nation 2020
(3) A-State Phi Beta Lambda – Most National Awards 2020
(4) Arkansas Phi Beta Lambda – Largest State Chapter in the Nation 2020
(5) Scarlet to Black Program – Top 50 Collegiate Financial Literacy Program 2019
(6) A-State Phi Beta Lambda – Largest Chapter in the Nation 2019
(7) A-State Phi Beta Lambda – Most National Awards 2019
(8) A-State Phi Beta Lambda – Largest Chapter in the Nation 2018
(9) A-State Phi Beta Lambda – Most National Awards 2018
(10) A-State Phi Beta Lambda – Most National Awards 2017
(11) College of Business Internal Service Award 2017
(12) University Outstanding Service Award 2014
(13) Friend of Student Support Services Award 2014
(14) Runner-up Outstanding Paper Award at FEA Conference 2014
(15) College of Business Internal Service Award 2011
