September 07, 2006

STAN BLOCK RECEIVES CHANCELLOR'S AWARD FOR DISTINGUISHED ACHIEVEMENT

  

 At TCU's Fall 2006 Convocation and Founder Celebration, Dr. Stan Block was honored with the Chancellor's Award for Distinguished Achievement as a Creative Teacher and Scholar.

"This is the highest award given each year to a faculty member, to recognize exceptional accomplishment as both a teacher and a scholar by faculty members within the University," said Dan Short, Dean of the Neeley School. "The honor rewards a career-defining commitment to both teaching and creative activity that is the hallmark of the TCU professoriate. All of us who work with Stan know that he represents the values that the award was designed to recognize. There is simply no more deserving person."

Dr. Block, professor of finance and holder of the Stan Block Endowed Chair in Finance, has been teaching for more than 40 years.

Upon accepting the award, Dr. Block commented: "I still feel the same excitement about this semester in 2006 as I did 40 years ago when I first started teaching at TCU.  There is a very special feeling of enthusiasm when you walk in the classroom, no matter how long you have been teaching."

In his presentation, Chancellor Victor Boschini remarked that over those four decades, "Dr. Block has lived large in the life of TCU, his colleagues and his students, and his influence extends far beyond the campus borders."

In 1973, Dr. Block founded the Educational Investment Fund at the Neeley School. "By managing a $1.5 million portfolio, his students have developed skills that have taken many of them on to successful careers on Wall Street," said Chancellor Boschini. In the words of a colleague, the EIF "has put TCU on the map" in business studies and "changed the way portfolio management and investment is taught in the U.S. and globally." More than 100 schools have emulated the EIF model.

The Chancellor pointed out that Dr. Block has published 35 books and more than 50 articles in leading journals. He is one of the three leading textbook authors in the world of academic finance. Foundations of Financial Management is now in its 12th edition, and the 9th edition of Fundamentals of Investment Management will soon be published. "Well over a million students throughout the world have read his books," he said.

The Neeley School has selected him as its outstanding teacher seven times, at both the undergraduate and graduate levels. Dr. Block himself notes: "While I have probably given out as many Ds and Fs as As and Bs to my 6,000 former students, I have always treated every student as a very special person. I read every comment in my student evaluations and take both positive and negative comments very seriously. I still consider myself a work in progress."

"No wonder those students created -- and funded -- the Stan Block Endowed Chair in Finance in 2002, the only chair ever created by students to honor a professor in TCU's history. I am delighted to present the 2006 Chancellors Award to Dr. Stanley Block." 

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MEDIA CONTACT:
Elaine Cole
Public Relations Manager
Neeley School of Business at TCU
817-257-5724
e.cole@tcu.edu