Curriculum Vita
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Bruce Sherrick
Curriculum Vita, July 2005

300A Mumford Hall 1301 West Gregory Drive Dept. of Agricultural and Consumer Economics University of Illinois at Urbana-Champaign Urbana, Illinois 61801

Voice: (217) 244-2637 Email: sherrick@uiuc.edu

Ph.D., August 1989. The Ohio State University
Dissertation: Option-Based Assessments of Expected Price Distributions
Major Department: Agricultural Economics - Qualifying exams passed in Economics Dept. (both micro and macro fields), Finance Dept., and Ag Economics Dept.
Fields: Finance and Marketing. Awarded National Needs Fellowship for Ph.D.
B.S. Degree, March 1985. The Ohio State University. Graduated Summa Cum Laude with Distinction in 11 quarters, with M.S. coursework. Final G.P.A.: 3.96/4.00.

Assistant Professor, 1989-96; Dept. of Agricultural Economics
Associate Professor, 1996-2004; Dept. of Ag. and Consumer Economics, UIUC
Professor 2004-present; Dept. of Ag. and Consumer Economics, UIUC
Director, National Center for Farm and Rural Business Finance, Univ. of Illinois, 2005-present. Funded through Federal, State and Private sources, the Center conducts a comprehensive program of research on issues concerning the availability of capital and its use in the growth and development of farm and rural businesses.

Areas of Interest include: Financial Market Performance; Farmland Valuation and Market Performance; Crop Insurance and Option Pricing; Contingent Claims analysis; Nontraditional Financial Contracting; and Behavioral Models of Decision Making (more complete biographical information follows).

Faculty Member (one of eight) of farmdoc team (farm Decision Outreach Central). Subject matter responsibilities for development and maintenance of FAST (Farm Analysis Solution Tools software), crop insurance, finance, and management portions of website and associated software products. The farmdoc project provides Illinois farmers with comprehensive and integrated decision support and risk management information and analysis. The materials are delivered primarily through the website available at: www.farmdoc.uiuc.edu and through educational programming at state and national level.

8/89 to 12/00: UIUC 402/443, Financial Theory and Foundations. Ph.D. level course on foundations of finance. Significant emphasis on pricing and valuation theories, contingent claims valuation, and contemporary modeling approaches.

8/94 to present: UIUC 302/243/340, Agricultural Finance. Financial management of privately owned firms and businesses. Emphases on investment theory, capital budgeting, time-value concepts, and credit market features.

1/99 to present: UIUC 342, Applied Financial Modeling. Junior/Senior/M.S. course addressing modeling problems involving financial decision making. Course conducted in computer lab, utilizing spreadsheet, Visual Basic, and optimization software. Topics include present value investment analysis, capital structure, evaluation of financial performance, and decision making under uncertainty.

8/90 to 12/93: UIUC 239/233, Effective Business Planning. Development and organization of business plans and subsequent market control. Students analyze actual businesses and products supplied by various Agribusiness firms.

1/00-present (3 offerings): UIUC 343/443, Intermediate Agricultural Finance. Financial theory applied to agricultural firms and agribusinesses. Emphasis on credit evaluation, portfolio risk management, pricing risk, and modern approaches to institutional capital management.

Other: Co-taught two Finance and Management Workshops; Finance 400; ACE 343 (twice) and ACES 100 and various banking schools and risk management workshops (approx. 12 per year).

Associate Editor, Agricultural Finance Review, 1998 - present.
College Graduate Education Policy Committee, 2001-present
College Promotion and Tenure Committee, 2004-06, chair 05-06.
University of Illinois Faculty Senate, 1997-99.
University of Illinois Graduate College Courses and Curriculum, 1997-99.
University of Illinois, Miller Endowment Committee,1996-1999.
College of Agricultural, Consumer, and Environmental Sciences Futuring Task Force.
IL Farmland Market Advisory and FSA Land Valuation Committee (1999-current).
Department Courses and Curriculum Committee (Chair 1991-93, 1995-97).
Department Finance Qualifying Exam Committee (20 offerings, chair 8).
Department Undergraduate Programs Committee (Chair 1991-93, 1995-7, 2001-3).
Department of Agricultural Economics Graduate Programs Committee(1990-92, 1998-00).
Department Faculty Advisory Committee (1993-95, Secretary 1993-94, 1997-99, 2004-06, chair 2005-06).
Department Graduate Admissions and Recruiting Committee, co-chair, 2002-2004.
Department Head Search Committee (twice).
Advisor: National Agricultural Marketing Association (NAMA), and Agribusiness Association (1989-92) Student Clubs.
NC-207 Regional Committee on Agricultural Finance, 1989- present, (held 3 offices).
Frequent reviewer for several professional journals and selected submissions.
(over 75 total for AJAE, Quarterly Review of Business Economics and Statistics, Review of Ag. and Resource Economics, Ag-Finance Review, Agribusiness: An International Journal, Journal of Futures Markets, and two textbooks in finance) s, the Center conducts a comprehensive program of research on issues concerning the availability of capital and its use in the growth and development of farm and rural businesses.

College of Agriculture Funk Awards; Team Award for Excellence, 2004
CFAR Donald A. Holt Research and Outreach Team Achievement Award, 2004
Campus Cool Website Award – Content Category 2004 (farmdoc website)
American Agricultural Economics Association, Group Award for Professional Excellence, Distinguished Extension Program, 2002.
Illinois Farmland Market Advisory Committee of the USDA-FSA, Academic Member 1998-present.
Fellow, Kellogg National Leadership Program, 1994-97.
Outstanding Young Alumni Award, The Ohio State University, 1995.
Earl M. Hughes Teaching Enhancement Award, 1994
Young Faculty Award for Excellence, College of Agriculture, 1995.
Thesis Advisor Dept. Outstanding Thesis Award, MS (1993, 2003) and Ph.D. (1999).
Incomplete List of Teachers Ranked Excellent (recognizes student-selected top teachers): 1989, 1990, 1991, 1992, 1993, 1995, 2000, 2001, 2002, 2004 College of Agriculture - AZ Outstanding Teacher Award, 1993.
National Outstanding NAMA Student Chapter Advisor Award, 1992. (Selected by Professional Chapter Members, Additionally, Student Chapter Recognitions of Membership Excellence; Bronze Chapter; and National Champions in Market Planning Competition) Agricultural Economics/NAMA Teaching Award 1990-91 (Student selected).
Outstanding Dissertation Award, The Ohio State University, 1989.
National Needs Fellow: 1985-1989.
American Agricultural Economics Association.
Eastern, Southern, Midwestern Finance Associations.
GAMMA SIGMA DELTA, PHI KAPPA PHI, and ALPHA ZETA Honoraries.

Co-author of software used in developing Risk-Based Capital Test for Farmer Mac, commissioned by Director of Office of Secondary Market Oversight, FCA, used quarterly to establish Risk-Based Capital Requirements for portfolio of approximately $6.5 billion of agricultural loans and related assets.