Katherine Spiess is currently serving her first term as academic director of the Master of Science in Finance program to be taught at the main South Bend campus. She has conducted research that has focused on the stock market impact of security offerings, and her teaching interests are mergers and acquisitions, corporate risk management, and real options. She earned her B.S. and her Ph.D. from the University of Missouri. Her distinctions and awards include an All Star Paper recognition from the Journal of Financial Economics, a Kaneb Teaching Award, Outstanding Teacher in the MS-Management program and in the MS-Finance program, and a BP Amoco Outstanding Teacher Award.