Steve Foerster

Steve Foerster is a Professor of Finance at Ivey Business School, where he has taught since 1987. He received a BA (Honors Business Administration) from Western University, and an MA and PhD from the Wharton School, University of Pennsylvania. He obtained the Chartered Financial Analyst (CFA) designation in 1997 and has taught Financial Management, Investments, and Portfolio Management courses in the HBA, MBA, and Executive MBA Programs. He has won numerous teaching awards.

Expertise

• Initial Public Offerings
• Stock Markets
• Behavioural Finance
• Cross-Listings

Teaching

• Managing Financial Resources, EMBA
• PhD/Masters in Financial Economics Seminar in Empirical Asset Pricing
• J.D. Irving Finance for Leaders, Executive Education
• Canadian Investor Relations Institute/Ivey Investor Relations Certification Program, Executive Education

Experience

• Previous Teaching: The Wharton School (1984-86)
• Western Pension Plan: Joint Pension Board Member (2008-present)
• Foundation Western (Endowment): Director and Investment Committee Member, Chair (1995-2007)
• Tremont Capital Opportunity Trust: Advisory Board (2003-2007)
• Northwest Mutual Fund: Advisory Board (2001-2003)
• Management Consultant
• Expert Witness: Federal Court qualified to opine on investment management and strategies, investment evaluation, portfolio management, corporate finance (managing financial resources), the evaluation of time value of money, the evaluation of interest rates and the evaluation of economic and financial data to determine the lost opportunity cost related to the deprivation from the ability to use funds.

Research/Course Development

• Stock Investments
• Behavioural Finance
• Wealth Management
• Initial Public Offerings
• Portfolio Management