Dr. Hadi Salavitabar
Dean, School of Business

Office Room Number: School of Business, van den Berg Hall - Room 312
Office Phone Number: (845) 257-2930
Office Fax Number: (845) 257-3737
E-mail: salavith@newpaltz.edu

Biography

Dr. Hadi Salavitabar earned a B.A. with honors from Tehran University in 1975, a M.A. from Pennsylvania State University in 1980, and a Ph.D. from the State University of New York at Binghamton in 1982. He was the Chair of the Department of Business Administration from September 1992 to May 1995, before becoming the Associate Dean of the School of Engineering and Business Administration, as well as the Director of    Business Programs in June 1995. From January 2000 to January 2001, Dr. Salavitabar was the Acting Dean of the School of Engineering & Business Administration before becoming the first Dean of the newly established School of Business.

His primary research interests are in the areas of finance and statistics.  His published articles are: "Senatorial Responsiveness, The Characteristics of the Polity and the Political Cycle" in Public Choice (jointly with Kenneth V. Greene), "Non-Profit Firms Versus Regulated Monopolies: A Welfare comparison" in New York Economics Review (jointly with Thomas G. Cowing), "Global Portfolios with Market, Size and Value Considerations" in Allied Social Sciences Associations, 1999 on-line Proceedings (jointly with Tulin Sener), "Optimal Portfolio Shares with International Assets" in Northeast Business & Economic Association, 2001 Proceedings (jointly with Tulin Sener), "Challenges of Global Investing Assuming Segmentation" presented at the Annual Meeting of the Academy of International Business, Phoenix, Arizona, October 18 -21, 2000 (jointly with Tulin Sener), and “Region and Industry Effects on the Equity Returns of Emerging Markets” in Association for Global Business Annual Conference 2002 Proceedings, Volume 13, PP. 116-123 (jointly with Tulin Sener).

Dr. Salavitabar’s books, Financial Analysis Made Easy (FAME), Statistical Analysis Routines (STAR), Investment Analysis and Portfolio Management (INVEST), and Business Policy and Strategic Planning (STRATEGIST) have been published by Harper & Row, Allyn & Bacon, and Richard D. Irwin, Inc.  He has also written a number of supplemental books in the area of finance, which have been published by HarperCollins Publishers and Addison Wesley Longman Publishers.  Finally, he co-edited conference proceedings on Economic Development and the Quality of Life: How the Next 5 Years Can Shape Our Future.  He directed a symposium on "The Impact of the Third-party Payor and Government on Health Care Services and Expenditures."

Dr. Salavitabar was the recipient of the State University of New York Chancellor's Award for Excellence In Teaching in 1991. On May 9, 1997, he was awarded Honorary Member of Delta Zeta Chapter for the Alpha Beta Gamma International Business Honor Society. In October 2001, Dr. Salavitabar was awarded the Distinguished Teacher of the Year award by the Alumni  Association of the State University of New York at New Paltz.  Dr. Salavitabar was the founder and advisor of the Financial Management Association (FMA) - New Paltz  Chapter. FMA - New Paltz was the recipient of the International FMA's Superior or Outstanding Honor awards for six consecutive years. 

In the regional community, Dr. Salavitabar serves on the business advisory boards of the Dutchess County Community College and Ulster County Community College. He was a member of the Board of Directors of the Ulster County Chamber of Commerce, the Board of Trustees of the Kingston Regional Health Care System & The Kingston Hospital, a member of the Mid-Hudson Valley Technology Council, and the Chairman of Region I of the Hudson Valley Blood Services. Dr. Salavitabar is a Trustees of the Ulster Savings Bank. 

Publications and Areas of Research

Journal Articles:
"Optimal Portfolio Shares with International Assets", co-authored with Tulin Sener, Northeast Business & Economic Association, 2001 Proceedings, Worchester, October 2001.

"Challenges of Global Investing Assuming Segmentation" co-authored with Tulin Sener, presented at the Annual Meeting of the Academy of International Business, Phoenix, Arizona, October 18 -21, 2000.

"Global Portfolios with Market, Size and Value Considerations," jointly with Tulin Sener, 1999 Proceedings of the Middle East Economic Association.

"Non-Profit Firms Versus Regulated Monopolies: A Welfare Comparison", jointly with Thomas G. Cowing, New York Economic Review, Fall 1986.

"Senatorial Responsiveness, The Characteristics of the Polity and the Political Cycle", jointly with Kenneth V. Greene, Public Choice, 38, 1982, pp. 263-269.

Books:
Financial Analysis Made Easy (FAME), is a Business Finance text and supporting software package for undergraduate Business Finance and Financial Management & Policy courses. Harper & Row, Publishers, Inc., New York 1987.

Statistical Analysis Routines (STAR), is a Business Statistic text and supporting software package for undergraduate Economic and Business Statistic courses. Harper & Row, Publishers, Inc., New York 1988.

Investment Analysis and Portfolio Management (INVEST), is an Investment text and supporting software package for undergraduate and graduate Investment Analysis and Portfolio Management courses. Allyn and Bacon, Inc., Boston, 1990.

Business Policy and Strategic Planning (STRATEGIST), jointly with Peter Fairweather, is a business policy and strategic planning text and supporting software package for undergraduate Business Policy courses. Richard D. Irwin, Inc., 1994.

Supplements:
Test Bank to accompany Lawrence J. Gitman, Principles of Managerial Finance, Seventh Edition (HarperCollins Publishers, Inc. 1994), Eighth Edition (Addison Wesley Longman, 1997), Ninth Edition (Addison Wesley Longman, 2000), and Tenth Edition (Addison Wesley Longman, 2003).

Test Bank to accompany Lawrence J. Gitman, Principles of Managerial Finance - Brief, 2nd edition (Addison Wesley Longman, 2000) and Third Edition (Addison Wesley Longman, 2003).

Instructor's Manual to accompany Lawrence J. Gitman, Foundations of Managerial Finance, Fourth Edition, HarperCollins Publishers, Inc. 1995.

Application Book to accompany Lawrence J. Gitman, Foundations of Managerial Finance, Fourth Edition, HarperCollins Publishers, Inc. 1995.

Test Bank to accompany Lawrence J. Gitman, Foundations of Managerial Finance, Third Edition (1992) and Fourth Edition (1995), HarperCollins Publishers, Inc.

Other Publications:
Proceedings of a Conference On Economic Development and the Quality of Life: How the Next 5 Years Can Shape Our Future. Co-edited with George a. Schnell, and Donald Bishko, sponsored by Mid-Hudson Pattern For Progress and the State University of New York at New Paltz for the Mid-Hudson Regional Economic Development Council with a grant from the New York State Chamber of Commerce, West Point, New York, May 14-15, 1986.

"Quality, Quantity, and Different Types of Firms: The Case of Hospitals," paper presented at the symposium on Health Economics, "The Impact of The Third-Party Payor and Government on Health Care Services and Expenditures," State University of New York at New Paltz, New York, October 25, 1985.

Responsible for part of the computer work for "The Municipal Employee Residency Requirement: An Economic Analysis," by kenneth V. Grene and G. Moulton, 1981.

Central Bank and It's Effects On the Economy, jointly with the staff of the Research Department, Central Bank of Iran, 1974.

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