Professor Dash joined the URI faculty in 1974. Prior to his arrival at URI he completed his undergraduate degree in business administration at Coe College (Cedar Rapids, IA) and was awarded a masters degree in business education and doctorate in both finance and operations research from the University of Colorado at Boulder. The early years of Professor Dash's career were devoted primarily to the study of bank financial management. While at the University of Colorado he served as Coordinator of the School of International Banking.
Upon his arrival in Rhode Island, Professor Dash worked closely with several Rhode Island state agencies, including the Rhode Island Department of Business Regulation. In the banking field he has delivered expert testimony to several Rhode Island governing bodies. His testimony on the merits of charter swapping by foreign domiciled corporations was presented to the Rhode Island Bank Board of Incorporation. Expert testimony is also evidenced by his support for the R.I. Division of Taxation in a district court case involving the computation of bank-deposit tax liability for off-shore deposits. During this period, his work expanded to include close associations with various state and federally chartered credit unions.
His commitment to the study of efficient bank management and related issues to the financial services industry is also evidenced in his research. In addition to being the past Editor of The Northeast Journal of Business & Economics, he has also served as an associate editor for both The International Review of Financial Analysis and The Financial Review. His research on optimal bank structures has been published by a number of academic journals including the Journal of Multi-Criteria Decision Analysis; the Journal of Banking and Finance and The Financial Review. A similar effort directed at property-liability insurers was published by The Canadian Journal of Operational Research and Information Processing. His extension of operations research techniques, particularly the ability to model multiple decision making objectives within a managerial structure, were extended to well-known problems of choosing optimal investment portfolios. To this end, his research was published by The New England Journal of Business & Economics and Journal of Portfolio Management. Professor Dash's joint expertise in finance and operations research resulted in the publication of a two-volume software release for academic teaching: Operations Research Software, Volume I and Volume II. The effort in this area continues today with the ongoing release of WinORS - a Window's compatible version of the software that includes financial engineering methods.
As Professor Dash's career advanced, his research focus added the evolving field of artificial intelligence. To this end, he has focused on the use of artificial neural networks to model highly nonlinear events in the foreign exchange markets, the derivatives markets as well as contemporary stock markets. His research in this area has been published by The Journal of Computing and e-Systems; Operations Research: An International Journal; The African Finance Journal and The Handbook of Financial Engineering. In addition to U.S. research symposiums, he has received internationally-based invitations to present current research findings at academic conferences in Lithuania, Germany, Greece, South Africa and Italy. His current research efforts include the development of his forthcoming book and software entitled: Applied Risk Management: The Fundamentals of Derivatives and Automated Trading. In this book, Professor Dash's chapters on the use of Neuroeconomics in risk management is designed to usher in a new era of learning as he introduces artificial intelligence methods to automate the efficiency of trading individual stocks in a risk-controlled environment.
Professor Dash has been awarded the 2009 Diversity Award for Faculty Excellence in Leadership and Service; the 2004 Dean's Excellence Award for Graduate Teaching and the 2002 Beta Gamma Sigma Outstanding Professor. In 2004, he was also inducted in The Honor Society of Phi Kappa Phi. Throughout his career at URI, Professor Dash has enjoyed primary teaching responsibility for courses including Mutual Fund Management, Global Currency Trading and Valuation, Speculative Markets (Derivatives), Bank Financial Management and Managerial Economics. Additionally, for an overlapping span of 18 years that includes this summer, he has served as a Visiting Professor of Finance at ISIDA, the University of Palermo's (Sicily) internationally hosted Master of Management program.
Professor Dash is the founder and current advisor to the student-directed Financial Engineering Club. He also founded the student club - Minority Students in Business Administration. Professor Dash reports that one of his most important challenges today is re-engaging with former students. To this end he is working on a new financial engineering blog as well as a presence on Twitter. To capture the interest of potential students, Professor Dash has been active in speaking at various high school career day activities - the most recent at E-CubedAcademy in Providence, R.I. and the Teen-Impact service project hosted by NewLifeWorshipCenter in Smithfield, R.I.
Professor Dash remains an active member of the International Association of Financial Engineers (IAFE), Global Association of Risk Professionals (GARP), Professional Risk Managers' International Association (PRMIA) and The European Operational Research Society. When not engaged in his profession, he can be found at Gold's Gym, attending live artistic performances or biking the pathways of R.I. with camera in hand.