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Important Update:

Through Feb. 6, the university is operating at Level 2. For classes, this means faculty will have the discretion to choose a fully remote, hybrid, extended classroom or fully in-person format. Masks will be mandatory for in-person classes.

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University of Central Oklahoma


Randal Ice, Ed.D., has been with the university since 1984 and is currently a professor and holder of the Barnabas Chair in Finance. Formerly, he was the Finance Department chair for 16 years and the interim dean of the College of Business for a year. He has been widely quoted in the media, testified before the Oklahoma Legislature and hosted a call-in radio program for several years.  He is married with two grown sons and four grandchildren.

Classes Taught

Ice has taught many finance classes over the years, but normally teaches Personal Finance, Financial History, Investments, Security Analysis and the London, Dublin, Belfast Study Tour.

Education and Certifications

Bachelor's Degree from the University of Oklahoma

Master's Degree from the University of Michigan

Doctorate from Oklahoma State University

Honors and Awards

Finance Department Outstanding Teaching Award, April, 2014

UCO Herbert S. Dordick Outstanding Mentor Award, August, 2010

College of Business Barnabas Endowed Chair awarded 2009

UCO Modeling the Way Award, August 2006

Finance Department Service Award, 2002

Faculty Merit Service Award, August 1997

College of Business Outstanding Service Award, 1996


Personal Finance


Financial History

Office Hours

Tuesday and Thursday afternoons.  Email for an appointment:

Professional and Community Involvement

Oklahoma City Housing Services Redevelopment Corp., Board Member and Officer, 2014 to present

National Tornado Summit Foundation, Board Member, 2013 to present

Baptist Foundation of Oklahoma, Board Member or Advisor, 2008 to present

Oklahoma Council for Economic Education, Board Member, 1990 to present

Research, Published Work, and Scholarly Activities

Most recent publication:

"Defined Benefit Plans vs. Defined Contribution Plans:  An Evaluation Framework Using Random Returns

by Dr. Julie Cumbie, Dr. Randal Ice, Dr. V. Sivarama Krishnan

Journal of Personal Finance

September, 2018

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