Professor McConnell’s primary teaching interests are financial markets, corporate finance, and banking. His current research interests are in the areas of corporate finance, corporate governance, securities markets, and financial derivatives. His recent
publications include: "Auction Failures and the Market for Auction Rate Securities," Journal of Financial Economics, September 2010, Vol. 97, No. 3, pp. 451-469 (with A. Saretto); “What’s the Best Way to Trade Using the January Barometer?,” Journal of Investment
Management, forthcoming (with M. J. Cooper and A. V. Ovtchinnikov); “Auction Failures and the Market for Auction Rate Securities,” Journal of Financial Economics, forthcoming (with A. Saretto). He has been recognized for his scholarly contributions as the
Distinguished Scholar of the Eastern Finance Association (2002) and as a Fellow of FMA (2007). He has won several teaching awards, including the Salgo-Noren Outstanding Teaching Award (1993 and 1995) and the Most Effective MSM Teacher Award (1992). He has
received research support from the National Science Foundation, the Department of Housing and Urban Development, the Small Business Administration, the Center for the Study of Futures Markets, and the Catalyst Institute. Professor McConnell has served on the
board of directors of the Federal Home Loan Bank of Indianapolis (1983-86), Harrington Financial Group, Inc. (1993-2000), and Harrington West Financial Group, Inc. (1999-2009). He has been a consultant to Goldman, Sachs & Co., Merrill Lynch Capital Markets,
Inc., the Federal Home Loan Bank System, the Federal Home Loan Mortgage Corp., and numerous law firms, corporations, and government agencies. He is an associate editor of the Annals of Finance; Investment Management and Financial Innovations; the Journal of
Corporate Finance; the Journal of Financial and Quantitative Analysis; the Journal of Fixed Income; and the Real Estate Review.