Allen Arnold, Ph.D.

• AACSB Post-Doctoral Bridge Program, University of Florida, 2014.
  • Major: Finance and Accounting
• Ph.D., Oklahoma State University, 2014.
  • Major: Educational Leadership and Policy Studies
  • Supporting Areas of Emphasis: Higher Education
  • Dissertation Title: Alternative Funding Strategies and Resources for the Development of Undergraduate Insurance and Risk Management Programs
• M.Ed., University of Central Oklahoma, 2005.
  • Major: Adult Education - Community Service
• MBA, University of Central Oklahoma, 2003.
  • Major: Finance
• B.B.A., University of Central Oklahoma, 2001.
  • Major: Finance

• Assistant Professor, University of Central Oklahoma, College of Business, Department of Finance. (August 2014 - Present).
• Instructor, University of Central Oklahoma, College of Business, Department of Finance. (August 2004 - July 2014).
• Instructor, Webster University. (January 2007 - August 2007).
• Instructor, Oklahoma City University. (August 2004 - June 2005).
• Treasurer and Deacon for Finance and Budget, Choctaw Church of Christ. (July 1997 - March 2014).
• Financial Adviser, Primerica Financial Services. (April 1998 - July 2003).

• Vanderford Engagement Award, University of Central Oklahoma. (August 15, 2017).
• Barnabas Fellowship Award, College of Business. (June 2012).
• Vanderford Distinguished Teacher Award, College of Business Administration. (August 2010).
• Barnabas Fellowship Award, College of Business. (June 2010).

Department Service

• Finance Dept. Committee Member, CB Assessment Committee. (July 2018 - Present).
• Faculty Advisor, Insurance and Risk Management Program Advisory Board. (December 4, 2012 - Present).
• Faculty Advisor, Actuary, Insurance and Risk Management Club. (2005 - Present).
• Committee Member, Finance Department Program Review Committee. (2005 - Present).
• Committee Member, Finance Department Faculty Screening Committee. (2004 - Present).
• Faculty Advisor, Finance Club. (2004 - 2011).

College Service

• Committee Member, CB Assessment Committee. (August 2018 - Present).
• Committee Member, University Core Curriculum Committee. (August 2017 - Present).
• Committee Member, Academic Affairs Action Team: First Year Seminar. (November 2015 - Present).
• ACBSP Region 6 Representative Board Member, Delta Mu Delta Executive Board Member. (November 2015 - Present).
• Faculty Advisor, Delta Mu Delta Faculty Adviser. (March 2014 - Present).
• Committee Member, University Core Curriculum Committee. (August 2009 - August 2016).
• Committee Member, Barnabas Fellowship Awards Committee. (2012).
• Committee Member, Undergraduate Research Creative Activity Team. (August 2008 - May 2012).
• Committee Member, Teaching Effectiveness Task Force. (July 2010 - May 2011).

University Service

• UCO representative, Oklahoma State Regents for Higher Education’s Course Equivalency Project Discipline Committee for Finance. (August 2018 - Present).
• Committee Member, University Core Curriculum Committee. (August 2017 - Present).
• Committee Member, Academic Affairs Action Team: First Year Seminar. (November 2015 - Present).
• Faculty Mentor, Finance Central. (October 2013 - Present).
• Faculty Advisor, Bronchos for Christ. (April 2013 - Present).
• Commencement Usher Team B Leader, UCO Commencement Committee. (December 2007 - Present).
• Faculty Mentor, TRIO - Student Support Services. (August 2007 - Present).
• Guest Speaker, UCO Inaugural Global Conference. (August 24, 2018).
• Committee Member, Core Curriculum Assessment Subcommittee. (October 29, 2015 - October 2017).
• Committee Member, University Core Curriculum Committee. (August 2009 - August 2016).
• Committee Member, Undergraduate Research and Creative Activities Team Committee. (August 2008 - July 2014).
• Faculty Mentor, Financial Literacy Symposium. (October 2010 - October 2012).
• Guest Speaker, Destination: UCO / Multicultural Student Services. (August 18, 2010).
• Committee Member, Disability Awareness Days - Disability Support Services. (2007 - 2009).
• Committee Member, Faculty Enhancement Center - New Faculty Orientation Planning Team Committee. (2007 - 2008).
• Committee Member, Information Technology - Response Keypad Evaluation Committee. (2006).

Professional Service

• Committee Member, Delta Mu Delta Audit Committee. (November 2016 - Present).
• Committee Member, Delta Mu Delta Financial Committee. (June 2016 - Present).
• Committee Member, Delta Mu Delta Communications Committee. (November 2015 - Present).
• Committee Member, Delta Mu Delta Extension & Development Committee. (November 2015 - Present).
• ACBSP Region Six Delta Mu Delta Representative, Delta Mu Delta, International Honor Society in Business, Oklahoma, Texas, Arkansas, Louisiana, New Mexico. (November 2015 - Present).
• Committee Member, National Tornado Summit Planning Committee - Oklahoma Insurance Department, Oklahoma City. (May 22, 2013 - Present).
• Member, Oklahoma City Community Foundation, Central OK Resiliency Project Hazard Mitigation Focus Group, Oklahoma City, Oklahoma. (February 2018 - March 2018).
• Committee Member, American Risk and Insurance Assoc. 2016 Excellence in Teaching Award Committee, Boston, MA. (November 2015 - August 2016).
• Committee Member, Southern Risk and Insurance Assoc. 2015 Program Planning Committee, New Orleans, LA. (November 2014 - November 2015).
• Committee Member, Captive Insurance Conference - Oklahoma Insurance Department, Oklahoma City, Oklahoma. (2013 - May 8, 2014).
• Committee Chair, Gamma Iota Sigma International Risk Management, Insurance, and Actuarial Science Collegiate Fraternity, Columbus, OH. (2010 - 2013).
• Session Chair, Gamma Iota Sigma International Conference, Columbus, OH. (2010 - 2012).
• Board of Directors, Gamma Iota Sigma International Risk Management, Insurance, and Actuarial Science Collegiate Fraternity, Columbus, Ohio. (2008 - 2012).
• Session Chair, Southwestern Economics Association, Denver, CO. (April 2009).

Public Service

• Officer, Secretary, Disaster Resilience Network (DRN), Oklahoma. (October 27, 2017 - Present).
• Committee Chair, OKC Memorial Marathon - UCO Insurance Club Water Stop Committee. (May 2017 - Present).
• Board of Directors, Disaster Resilience Network (DRN), Oklahoma. (March 24, 2017 - Present).
• Disaster Resilient Business Council (DRBC), Tulsa, Oklahoma. (February 3, 2017 - Present).
• Board of Directors, John Marshall Enterprise School Finance Academy Advisory Board, Oklahoma City, OK. (August 2014 - Present).
• PLICO Water Stop Co-Captain, Oklahoma City Memorial Marathon - Water Stop PLICO Committee, Oklahoma City, Oklahoma. (February 2016 - May 2017).
• Committee Member, Oklahoma Council on Economic Education Ad Hoc Committee, Oklahoma City, OK. (2014 - 2015).
• Member, Oklahoma City Memorial Marathon - Finish Line Food/Medals Committee, Oklahoma City, Oklahoma. (April 2015).
• Member, Oklahoma City Memorial Marathon - Gear Check, Oklahoma City, Oklahoma. (2007 - 2014).
• Church Treasurer and Deacon of Budget and Finance, Choctaw Church of Christ, Choctaw, Oklahoma. (September 2003 - March 2014).

Published Intellectual Contributions

Refereed Journal Articles

Arnold, A., Ellis, R., Krishnan, V. Sivarama (2018). Toward Effective Use of the Statement of Cash Flows. Journal of Business and Behavioral Sciences, 30(2 - Fall 2018), 46 - 62. http://asbbs.org/files/2019/JBBS_30.2_Fall_2018.pdf

Chapman, J. D., MacDonald, S., Arnold, A., Chapman, R. S. (2018). An Analysis of Higher Education Facility Expansion. The Journal of Business and Educational Leadership, 8(1/Fall 2018), 66-83. asbbs.org/files/2019/JBEL_8.1_Fall_2018.pdf

McIlhatton, D., Arnold, A., Chapman, J. D., Ouillon, S., Monaghan, R. (in press). Current Considerations of Counter Terrorism in the Risk Management Profession. Journal of Applied Security Research.

Arnold, A. G. (2015). Funding Issues Impacting Undergraduate Insurance and Risk Management Programs. Journal of Risk Education, 6(1), 11. www.jofriskeducation.org

Arnold, A., Wanger, S. (2012). Native American Student Participation in Study Abroad: An Exploratory Study. American Indian Culture and Research Journal, 36(4), 25. http://uclajournals.org/toc/aicr/36/4

Chapman, J. D., Arnold, A., Arnold, D. B. (2012). Alaskan Communities' Responses Regarding the Economic, Sociocultural, and Environmental Impact of the Cruise Ship Tourism Industry. Insights to a Changing World/Franklin Publishing Company, 2012(2), 27 - 40. www.franklinpublishing.net

Arnold, A., MacDonald, S., MacDonald, J. (2011). Using the Current Push for Regulatory Reform of the Insurance Industry to Assess and Develop Students' Critical Thinking Skills. Mustang Journal of Law and Legal Studies, Vol. 2.

Black, S., Cumbie, J., Arnold, A., MacDonald, S. (2009). The Impact of Personal Finance Courses on Students’ Financial Decisions. Global Education Journal, 2009(1), 83-95. Franklinpublishing.net

Arnold, A., Wanger, S. P. (2008). Remodeling the Accreditation of a College of Business: A Case Study of Leadership, Change Management, and Organizational Culture. Journal of Business and Behavioral Sciences, 19(1), 169-176. www.asbbs.org

Conference Proceedings

Krishnan, V. Sivarama, Arnold, A. (2009). Reverse Mortgages, Refinancing and Home Equity Line of Credit (2009th ed.). Academy of Financial Services.

Conference Presentations

Chapman, J. D., MacDonald, S., Arnold, A., American Society of Business and Behavioral Sciences Annual Conference, "Higher Education Faculty Expansion Theory," American Society of Business and Behavioral Sciences, Las Vegas. (March 16, 2018).

Arnold, A. (Author Only), Ellis, R. (Author Only), Krishnan, V. Sivarama (Presenter & Author), American Society of Business and Behavioral Sciences Annual Conference, "Toward Effective Use of the Statement of Cash Flows," American Society of Business and Behavioral Sciences, Las Vegas. (March 16, 2018).

Arnold, A., American Risk and Insurance Association Academic Conference, "Developing a Dynamic RMI Program: Activities, Teaching, Funding, Recruiting, and Promoting," American Risk and Insurance Association, Boston, MA. (August 10, 2016).

Frickel, B. (Presenter & Author), Arnold, A. (Author Only), Arnold, B. (Author Only), Adamson, S. (Author Only), Western Risk and Insurance Association annual meeting, "Optimization of Long-Term Care Insurance for Families with a History of Alzheimer’s Disease," Western Risk and Insurance Association, Scottsdale, AZ. (January 2015).

Arnold, A., Southern Risk and Insurance Association, "Funding Issues Impacting Undergraduate Insurance and Risk Management Programs," Southern Risk and Insurance Association, Charleston, SC. (November 25, 2014).

Arnold, A., MacDonald, S., UCO Insurance, Risk Management, and Actuarial Science Advisory Board, "Actuary, Insurance and Risk Management Club, Beta Epsilon Chapter of Gamma Iota Sigma," UCO Finance Department, Oklahoma History Center. (April 29, 2014).

Arnold, A. (Presenter & Author), Arnold, V. (Presenter & Author), Harrel, P. (Presenter & Author), Calderon Jaramillo, A. (Presenter & Author), Oklahoma Research Day 2014, "Personal Finance Distance Education Curriculum Development and Course Design." (March 7, 2014).

Arnold, A. (Presenter & Author), Oklahoma Domestic Insurers, "Insurance and Risk Management in Higher Education," Oklahoma Insurance Department, Oklahoma City, OK. (April 29, 2013).

Arnold, A. (Presenter & Author), Ellis, R. (Presenter & Author), Krishnan, V. Sivarama (Author Only), International Academy of Business and Public Administration Disciplines (IABPAD) 2013, "Financial Analysis, the Statement of Cash Flows, and Cash Flow–Based Ratios," International Academy of Business and Public Administration Disciplines (IABPAD), Dallas, TX. (April 20, 2013).

Arnold, A. (Presenter & Author), MacDonald, S. (Presenter & Author), Wilkins, G. (Presenter & Author), Seminar for Oklahoma State Legislators, "Basic Principles of Insurance & Risk Management," The Griffith Insurance Education Foundation, Oklahoma Insurance Department. (March 20, 2013).

Arnold, A. (Presenter & Author), Krishnan, V. Sivarama (Author Only), Ellis, R. (Author Only), Oklahoma Research Day 2013, "Financial Analysis and the Statement of Cash Flows," UCO, UCO. (March 8, 2013).

Research Currently in Progress

"Auditor Attributes Influencing Red Flag Effectiveness in Detecting Fraud" (Writing Results).
 

"Financial Ratio Analysis, the Statement of Cash Flows, and Common-Sized Cash Flow-based Ratios" (Writing Results).
This paper presents an approach to financial ratio analysis that utilizes the information provided by the statement of cash flows to supplement and enhance the extant financial analysis tools.  The paper will propose common-size methodology as an initial framework for financial analysis using the statement of cash flows.  Common size ratios are constructed by displaying specific financial terms as a percentage of its category, such as net income as a percent of sales or common equity as a percent of total assets.  The value of common size analysis is to compare a firm’s performance over differing time periods or to competitors or industry standards.

"Hedging and Shale Production: Building Shareholder Value or Optimizing for Entrenched Management?" (Writing Results).
 

"Perceptions and Concerns of Risk Managers Regarding the Mitigation of Terrorist Events".
The purpose of this research is to ascertain the perceptions of risk management leaders and professionals regarding terrorism, to identify risk managers’ perceptions concerning terrorist threats, to develop methods for enhancing resilience through the risk management industry, to propose a model to promote and mitigate the prevention of, and protection, from terrorism, and to raise awareness and share best practices within the risk management industry.

"The Optimization of Long-Term Care Insurance for Families with a History of Alzheimer’s Disease" (On-Going).
This paper is an investigation of the financial decisions faced by families with a history of Alzheimer’s disease and will propose indicators to be considered in the optimization of purchasing long-term care insurance.

My personal philosophy of teaching is that true learning takes place when a student is motivated and engaged to learn about a topic, master the skills required to manage and manipulate the subject’s specific relational principles and pertinent data, incorporate the critical thinking and analysis process necessary to apply and integrate the newly learned knowledge and skills into broader applications and environments, and to assess and evaluate, and if necessary modify, the effectiveness and efficacy of their newly learned knowledge and skills in order to replicate and further enhance the entire learning process. I feel a personal responsibility to create an environment that fosters this level of learning. 

I recognize that every university student is unique, with varied backgrounds and learning styles.  I strive to reach all of them, individually and collectively, and encourage their participation in classroom discussions, their completion of assigned work, and their involvement in professional development through mentoring and networking opportunities at student organizations' meetings.

In every class I teach, and in every syllabus I prepare, I want my students to understand all the course requirements and my expectations for their successful completion of the requisite components. I spend a considerable amount of time tutoring students in my office and advising them on their course schedules and career objectives.  I consider my participation in the UCO Actuary & Insurance Club and taking students to academic and professional conferences as teaching and mentoring opportunities that not only enhance and enrich their learning, but also significantly impact my own personal and professional development, thereby helping me to become a more focused and effective educator.

• FIN 2313 - Personal Finance
• Fin 3523 - Foundations of Insurance and Risk Management
• FIN 3563 - Fundamentals of Business Finance
• FIN 3613 - Life and Health Insurance
• FIN 4353 - Case/Computer Applications in Finance
• FIN 4413 - Financial Institutions
• FIN 4900 - Insurance Practicum
• FIN 4950 - Internship in Finance
• FIN 4970 - NYC Financial Markets Study Tour