Chandler/Universal Eminent Professor, Finance

Year Started at JMU: 2007

Contact Info


  • Ph.D. 
 University of North Carolina, Chapel Hill, North Carolina
  • B.S.  Miami University, Oxford, Ohio
Professional Interests
  • Valuation
  • Financial Analysis
  • Financial Management
Personal Interests
  • Writing
  • Ballroom dancing
  • Genealogy
  • Gardening
Professional Background
  • Tax Accountant, Arthur Andersen & Co.
Current Courses Taught
  • COB300B Integrated Functional Systems: Finance
  • FIN302 Spreadsheet Skills in Finance
  • FIN360 Analytical Methods in Finance
  • FIN378 Fixed Income Analysis
Positions Held
  • July 2015 - present - Universal/Chandler Eminent Professor of Finance, Department of Finance and Business Law, College of Business, James Madison University
  • July 2007 - June 2015 - J. Gray Ferguson Professor and Deparment Head, Department of Finance and Business Law, College of Business, James Madison University
  • December 2004 - June 2007 - Associate Dean and Professor, College of Business, Florida Antlantic University
  • August 1991 - December 2004 - Professor, Department of Finance, College of BUsiness, Florida State University
  • August 1986 - July 1991 - Associate Professor, Department of Finance, College of BUsiness, Florida State University
  • August 1981 – July 1986 Assistant Professor of Finance, College of Business, Florida State University
  • January 1976 - June 1977 - Tax Accountant, Arthur Anderson & Co., Chicago, Illinois
Awards and Recognitions
  • College of Business Service Award, 2015
  • Distinguished speaker, Morgan State University, 2009
  • Consultant, CFA Institute
  • Member, Local Advisory Board, BB&T
  • Manager, Central Valley Habitat for Humanity Facebook page
Key Publications


Pamela Drake, Faith Neale, Patrick Schorno and Elias Semaan, (2017), “Risk During the Financial Crisis: The Role of the Insurance Industry,”  Journal of Insurance Issues, Vol. 40 Issue 2: 181-214.

Pamela Drake and Elias Semaan, (2016), “TARP and the long-term perception of risk,” Journal of Banking and Finance, Volume 68,  216-235.

Pamela Drake and Elias Semaan, (2011), “Deregulation and Risk,” Financial Management, (2011), Vol. 40, Issue 2, 295-329.

Pamela Drake and Faith Neale, (2011), “Financial Guarantee Insurance and Failures in Risk Management,” Journal of Risk and Insurance, Vol. 30, 29-76.

Pamela Drake, Faith Neale and Steven P. Clark, (2010), “Diversification in the Financial Services Industry: The Effect of the Financial Modernization Act,”Journal of Economic Analysis & Policy, Vol. 10, No. 1.

Pamela Drake,  Faith Neale and Kevin Eastman, (2009), “The Dynamics of Medical Malpractice Insurance: Evidence from 1993 to 2003,” Journal of Risk and Insurance, Vol. 76, No. 1, 221-227.

Pamela Drake and Faith Neale, (2005), “The Effect of the Gramm-Leach-Bliley Act on the Insurance Industry,” with Faith Neale, Journal of Economics and Business, Vol. 57, Issue 4, 317-338.


Corporate Finance, Laurence Booth, Sean Cleary and Pamela Peterson Drake, published by John Wiley & Sons, 2013 [ISBN: 978-0470444641]

Analysis of Financial Statements, Pamela Peterson and Frank J. Fabozzi, published by John Wiley & Sons, Third edition, 2012 [ISBN: 978-1118299982].

The Basics of Finance: An Introduction to Financial Markets, Business Finance, and Portfolio Management, Frank J. Fabozzi and Pamela Peterson Drake, John Wiley & Sons, August 2010 [ISBN: 978-0470609712].

Foundations and Applications of the Time Value of Money. Pamela Peterson Drake and Frank J. Fabozzi. John Wiley & Sons, May 2010 [ISBN: 978-0-470-40736-3].

Capital Markets, Financial Management, and Investment Management. Frank J. Fabozzi and Pamela Peterson Drake. John Wiley & Sons, May 2009 [ISBN: 978-0-470-40735-6].

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