{"id":34231,"date":"2020-04-22T11:19:38","date_gmt":"2020-04-22T15:19:38","guid":{"rendered":"https:\/\/biznews.fiu.edu\/?p=34231"},"modified":"2020-05-01T14:02:35","modified_gmt":"2020-05-01T18:02:35","slug":"suchi-mishra-finance-whiz-and-trailblazing-professor","status":"publish","type":"post","link":"https:\/\/biznews.fiu.edu\/2020\/04\/suchi-mishra-finance-whiz-and-trailblazing-professor\/","title":{"rendered":"Suchi Mishra, finance whiz and trailblazing professor"},"content":{"rendered":"

By Ashley Nicole Garcia, Office to Advance Women, Equity & Diversity<\/em><\/p>\n

Suchismita Mishra, professor of finance in the\u00a0College of Business<\/a>, is a trailblazer in more ways than one.<\/p>\n

Mishra has had a fondness for mathematics and statistics since childhood. Her father was an economist who worked in the state\u2019s financial services for the Indian government and was pleased when she chose economics as a college major.<\/p>\n

\u201cMy brothers chose to enter the sciences, and my dad really wanted someone to be in his line of work,\u201d she remembers, laughing. She credits her father\u2019s confidence in her as the inspiration for her work ethic and drive to be the best at whatever she set out to accomplish.<\/p>\n

<\/div>\n
\"Suchismita
Suchismita Mishra<\/figcaption><\/figure>\n

Mishra received a scholarship to attend the University of Nebraska, and in a courageous move, left home to pursue her higher education goals in the United States. While there as a master\u2019s student in international economics, she learned the graduate finance department was in need of someone to help teach an introductory course in finance. It was volunteering to fill that need that sparked her love of finance, and she eventually pursued a Ph.D. in the subject. \u201cI love finance,\u201d she says, \u201cbecause you can apply big theories to the real world. You study how value is created in markets and learn how to create actual worth.\u201d<\/p>\n

Her research areas include asset pricing (how to estimate fair value), market microstructure (how trading practices in the market create information), corporate governance (how ethics in corporations and market place), and market efficiency (how to make markets more knowledgeable and equitable for everyone).<\/p>\n

Current research projects include looking at the role of alternative investments such as exchange-traded funds in volatile times, how people use alternative investments to manage risk, high frequency trading, Short Selling and how to increase the market efficiency of institutions, which sometimes have less information with which to make decisions than the corporations and insiders.<\/p>\n

A clear line runs through her focus areas. \u201cI like to focus on fairness,\u201d she says. \u201cWe want to reach a level in the market where everyone has access to information. We want to know how to detect who is trading with unfair information. We want to have the best rules so that all shareholders are happy.\u201d<\/p>\n

Mishra is also a dedicated teacher, teaching a number of finance courses. The Ph.D. dissertation seminar and corporate finance are perhaps two of her favorite classes. \u201cI love the material, and there are always great students in the group.\u201d She credits her love of teaching to her love of the material. \u201cI\u2019m passionate about talking about these topics. That passion is important, because it comes through when you teach.\u201d<\/p>\n

Mishra came to FIU in 2003. She was the first woman to achieve full professor status in the department of finance at the university. An impressive achievement, the journey wasn\u2019t always easy. \u201cThere are always hurdles for women. It\u2019s not an easy experience.\u201d<\/p>\n

Now, she does what she can to improve the situation of other female professors at the university. She\u2019s a dedicated member of the Faculty Mentor Program, and is a fervent believer in the power of mentorship.<\/p>\n

There\u2019s a great need for mentors. The more we have, the better. I didn\u2019t have an assigned mentor in the finance department, but I had other mentors, such as Dr. Suzanna Rose, who\u2019s such a change maker,\u201d she says. \u201cAnd there can be a great interdisciplinary nature to mentoring. It\u2019s great to have the opportunity to talk to someone and bounce ideas off each other.<\/p><\/blockquote>\n

One of her mentors, Danielle Combs, an associate professor in the department of international business, agrees with her mentor about the power of mentorship. \u201cI am a true believer in the benefits mentorship from various people, which is why I jumped at the opportunity to participate as a mentee in the FMP,\u201d she says. \u201cI appreciate Suchi as a mentor because she not only gives good personal and professional advice, but she is also very warm and candid, which makes her relatable and easy to talk to.\u201d<\/p>\n

Mishra would love to have more female students in finance, and has ideas for how to increase the numbers. \u201cUndergraduate research projects would be very helpful in attracting women,\u201d she says. \u201cIf you had a lab where students got to invest virtual funds, they\u2019d see the fun of it.<\/p>\n

Her advice for women who are interested in finance? Even though it\u2019s traditionally been a male-dominated field, \u201cthere is no evidence that men perform better in finance or economics. Follow your passion.\u201d She hopes and dreams that someday, what a person does for a living will not be dictated by their gender, but by their passion.<\/p>\n","protected":false},"excerpt":{"rendered":"

By Ashley Nicole Garcia, Office to Advance Women, Equity & Diversity Suchismita Mishra, professor of finance in the\u00a0College of Business, is a trailblazer in more ways than one. Mishra has had a fondness for mathematics and statistics since childhood. Her father was an economist who worked in the state\u2019s financial services for the Indian government […]<\/p>\n","protected":false},"author":66,"featured_media":34233,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[4],"tags":[619,2512],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/34231"}],"collection":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/comments?post=34231"}],"version-history":[{"count":4,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/34231\/revisions"}],"predecessor-version":[{"id":34241,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/34231\/revisions\/34241"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/media\/34233"}],"wp:attachment":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/media?parent=34231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/categories?post=34231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/tags?post=34231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}