Dollars and Sense
Creating a new endowed chair professorship for generations
When Allen Berger teaches students about finance and banking policy at the Moore School of Business, most of the material comes not from a textbook but from his own research at the U.S. Federal Reserve. That’s where he worked for many years before joining the South Carolina business school faculty in 2008.
“Everything I do is always about promoting research in finance—research promotes knowledge and leads to better teaching,” says Berger, the H. Montague Osteen Jr. Professor in Banking and Finance. “When I first came here, I had no idea I would like South Carolina so much or that I would like teaching so much. I think of the graduate students as my children.”
Berger has also enjoyed the benefits of holding an endowed chair professorship, and he understands how such chairs help attract top professors. That’s why Berger and his wife, Mindy Ring, have created the Allen N. Berger Endowed Chair in Finance Fund at the Moore School, designating $1.5 million to the fund in their reciprocal wills. The Berger endowed chair will one day be held by a Moore School professor who values finance research and teaching as much as the man for whom its named.