Allan Eberhart

Allan Eberhart is a Professor of Finance and the inaugural Senior Associate Dean for the Master of Science in Finance (MSF), the first technology-intensive program at Georgetown University’s McDonough School of Business. He was the program’s founding director and has overseen its growth from the initial (2014) incoming class of 39 students to 324 students—across both classes in this two-year program—at the beginning of the 2021-22 academic year while maintaining high admission standards (e.g., no GMAT/GRE waiver). Allan has also published dozens of articles in journals such as the Journal of Finance, Review of Financial Studies, and the Journal of Accounting Research. He served as an Associate Editor for the Journal of Banking and Finance and the Journal of Financial Research, and has written op-eds for Bloomberg Businessweek, Forbes, Fortune, and the Wall Street Journal. In previous positions at Georgetown McDonough, Allan served as the Senior Associate Dean for Technology-Intensive Education, the founding Academic Director of the Industrial and Commercial Bank of China (ICBC) Executive Education Program, and the Finance Area Coordinator. He was a Visiting Assistant Professor at New York University’s Stern School of Business, where he taught a core MBA finance course, and an Associated Consultant with A.T. Kearney. He is an inaugural Director and Chairman of the Governance Committee for the BondBloxx exchange traded funds, and has consulted for firms such as Ashmore Group, Barclays, Goldman Sachs, Standard and Poor's, and T. Rowe Price. Allan has taught 15 different courses to undergraduate, MBA, EMBA, MSF, and executive certificate students. He is also the recipient of the Georgetown University School of Business Research Award, multiple teaching awards, and he has been highlighted in Businessweek’s ranking of favorite business school professors.

Education

• University of Pennsylvania - Ed.D.
• University of South Carolina - Ph.D.
• University of Cincinnati - M.A.
• Thomas More College - B.A.

Publications

Eberhart, A.; Maxwell, W., Akhtar, S.. "'A Reexamination of the Tradeoff Between the Future Benefit and Riskiness of R&D." Journal of Accounting Research, 46 (2008): 27-52.

Allan Eberhart, William Maxwell, and Akhtar Siddique. "Does the Stock Market Underreact to R&D Increases?." Journal of Investment Management, 4, 1 (2006)

Allan Eberhart. "A Comparison of Merton’s Option Pricing Model of Corporate Debt Valuation to the Use of Book Values." Journal of Corporate Finance, 11 (2005): 401-426.

Allan Eberhart. "Employee Stock Options as Warrants." Journal of Banking and Finance, 29, 10 (2005): 2409-2433.

Allan Eberhart. "A Comparison of Alternative Comparable Firm Classifications." Journal of Investing, 13 (2004): 48-54.

Allan Eberhart, William Maxwell, Akhtar Siddique. "An Examination of Long-Term Abnormal Stock Returns and Operating Performance Following R&D Increases." Journal of Finance, 59 (2004): 623-650.

Allan Eberhart, Edward Altman, and Reena Aggarwal. "The Equity Performance of Firms Emerging from Bankruptcy." Corporate Restructuring Volume II, 623-636. Elgar Reference Collection,, 2005.