Timothy Thompson
Timothy Thompson

FINANCE
Senior Lecturer of Finance

Print Overview

Tim Thompson is Senior Lecturer of Finance. Professor Thompson has taught corporate finance courses in the full- and part-time MBA programs, the EMP program and in the International Executive MBA programs abroad. Prior to joining the Kellogg faculty, Thompson was a Research Consultant in the Consulting division of The Alcar Group, Inc. (now a part of LEK Consultants).

Professor Thompson's courses focus on the application of financial principles to corporate strategic decisions. He teaches Financial Decisions and Corporate Restructuring. In addition to his teaching, Thompson designs and has directed selected Custom Executive Programs at the Allen Center.

Thompson has received the Lawrence Lavengood Professor of the Year award (1996) for the combined MBA programs, the Outstanding Professor Award (1994) for the TMP Program and, most recently the Kellogg-WHU International Executive MBA program.  He has also received a Sidney J. Levy teaching award in 2006 and was finalist for the Lawrence Lavengood Professor of the Year Award in 2007.

Thompson also serves as a consultant to several corporations. He received his MBA from the Graduate School of Business at the University of Chicago.



Areas of Expertise
Corporate Bankruptcy
Corporate Capital Structure
Corporate Finance
Corporate Governance
Corporate Restructuring
Financial Engineering
Payout Policy (Dividends, Repurchases)

Print Vita
Education
PhD (ABD), Finance, University of Chicago
MBA, 1982, Finance, Econometrics, University of Chicago
BA, 1978, Mathematics, Lawrence College

Academic Positions
Senior Lecturer of Finance, Kellogg School of Management, Northwestern University, 1992-present
Visiting Lecturer, Finance, Kellogg School of Management, Northwestern University, 1989-1992
Senior Lecturer, Finance, Kellogg School of Management, Northwestern University, 1992-present
Lecturer, Finance, School of Business, Loyola University of Chicago, 1982-1988

Grants and Awards
Lavengood Outstanding Professor of the Year Nominee for excellence , Kellogg School of Management, 2006-2007
Faculty Impact Award for MBA Teaching, Kellogg School of Management, Winter Quarter, 2014
Sidney J. Levy Teaching Award, Kellogg School of Management, 2005-2006
L.G. Lavengood Outstanding Professor of the Year Award, Kellogg School of Management, 1996
Part-Time MBA Program Professor of the Year Award, Kellogg School of Management, 1994

Print Research
Research Interests
Corporate finance and option pricing models

Cases
Raviv, ArturTimothy Thompson, Phillip Gresh and Shannon Hennessy. 2004. Bed Bath & Beyond: The Capital Structure Decision. Case 5-204-270 (KEL082).

 
Print Teaching
Teaching Interests
Corporate finance and option pricing models
Full-Time / Part-Time MBA
Finance I (FINC-430-0)
Finance 1 covers managers¿ and investors¿ most fundamental finance decision: how to value a project or an asset. Managers must determine the value of building a factory, entering a new market, or purchasing an entire firm when deciding in which projects to invest. Similarly, individuals must assess the value of financial securities to decide how to invest their wealth. Using a combination of lectures and business cases, Finance 1 teaches the three principal methods for valuing projects or assets: discounted cash flow, multiples, and real options. These valuation tools lay the foundation for all work in capital markets and corporate finance.

Pre-requisite: Business Analytics I (DECS-430). Business Analytics II (DECS-431) and Accounting for Decision Making (ACCT-430) are recommended and may be taken concurrently.

Financial Decisions (FINC-442-0)
This course uses case studies to enhance the student's understanding of managerial financial decision making, specifically investment and financing decisions. Topics include short- and long-term financing, capital structure and dividend decisions, cost of capital, capital budgeting, firm valuation, financial and operational restructuring, and mergers and acquisitions. The course emphasizes the basic principles of corporate finance and is sufficiently general so as to be of interest to all students. The course provides students with the opportunity to apply the concepts and theories developed in other finance courses. At its most fundamental level, the course attempts to improve problem-solving skills: problem definition, gathering and organizing the relevant information, developing feasible alternative courses of action, evaluating alternative choices, and recommending and defending the best course of action.

Executive MBA
Managerial Finance II (FINCX-441-0)
Managerial Finance II analyzes corporate financial decisions. Topics include market efficiency, capital structure, dividend and stock repurchase policy, and firms’ use of options and convertible securities.

Strategic Financial Management (FINCX-442-0)
Strategic Financial Management examines financial management theory and cases. Students use valuation skills to determine the cost of capital, financing and operating issues faced by the firm.