James Miles

Professor Emeritus of Finance , Professor of Finance , Joseph F. Bradley Fellow of Finance
Department: Finance
Office: 313 Business Building
Phone: 814-863-3565
Fax: 814-865-3362
E-mail: mgz@psu.edu
Member of Faculty Since: 1982


Professor Miles' co-authored the text "Spin-offs and Equity Carve-outs" published by the Financial Executives Research Foundation. His research is in the areas of corporate finance, investments, and personal financial planning. He recently co-authored an online course about personal financial planning that has almost 300 Penn State students enrolled for Fall 2007. He hopes to soon make the course available to alumni and other groups. His research on divestitures including spin-offs and equity carve-outs has been cited in the top finance journals and in virtually every major business publication including the New York Times, Wall Street Journal, Business Week, Fortune, Forbes, and Money Magazine. His most recent research project measures the investment performance of entire families of mutual funds and links that performance to family characteristics including focus and level of expenses.

Current Research

His current research involves issues in investments and personal financial planning.


research and consulting for personal financial planning and asset allocation, divestitures, when-issued trading, and warrant pricing


PhD, Finance, Penn State, 1980