U.S. loses $3.1 trillion of taxable profits through international trade, FIU Business professor Zdanowicz research reveals.

U.S. loses $3.1 trillion of taxable profits through international trade, FIU Business professor Zdanowicz research reveals.

Tax evasion strategies in international trade have cost the U.S. government more than $3.1 trillion in taxable income, reveals updated research from Florida International University College of Business professor John Zdanowicz. A fraud expert, Zdanowicz conducted an in-depth computer analysis of U.S. customs data from 2003 to 2017. In the most current study, figures from […]

FIU experts use hurricane loss model to estimate damages caused by Hurricane Irma at $19 billion

FIU experts use hurricane loss model to estimate damages caused by Hurricane Irma at $19 billion

Florida homeowners will bear the brunt of the wind-related costs A team of researchers headed by FIU College of Business professor Shahid Hamid, using the Florida Public Hurricane Loss Model, estimates that Hurricane Irma caused $19.4 billion in wind-related losses to Florida residents alone. The data doesn’t cover flood losses. Of that total, $6.3 billion […]

Shahid Hamid and his windstorm model recertified by state.

Shahid Hamid and his windstorm model recertified by state.

Understanding the financial and insurance impact of the destructive power of hurricane on buildings and their insurers is the rare specialty of Professor Shahid S. Hamid. He not only chairs the Department of Finance in FIU’s College of Business, but is also director of the Laboratory for Insurance, Financial and Economic Research, located in the […]

College of Business Finance professor Zdanowicz study finds U.S. loses $2.3 trillion in tax revenue due to strategic mispricing of international trade goods.

College of Business Finance professor Zdanowicz study finds U.S. loses $2.3 trillion in tax revenue due to strategic mispricing of international trade goods.

Trillions of dollars may be missing from U.S. government coffers due to widespread corporate tax evasion and criminal money laundering strategies, according to Florida International University College of Business professor John Zdanowicz. The Department of Finance professor conducted an analysis of 12 years’ worth of U.S. Customs data and found that abnormally priced goods imported […]

Opportunity in the field: panelists talk to FIU Business students about finance careers and the CFA.

Opportunity in the field: panelists talk to FIU Business students about finance careers and the CFA.

For many young business professionals, deciding to sit for the all-encompassing Chartered Financial Analyst exam may seem like volunteering to wrestle a bear. Still, as panelists from the CFA Society Miami explained to a room filled with Florida International University (FIU) College of Business students, the test yields a top-notch credential while reinforcing knowledge acquired […]

Faculty Notes: October 2013

School of Accounting Elio Alfonso, assistant professor, was featured on radio station 880, The Biz, on the Pete De La Torre program on October 3, 2013. Department of Decision Sciences and Information Systems Monica Chiarini Tremblay, associate professor, and Gloria Deckard, associate professor and associate dean of the Landon Undergraduate School, presented the seminar “One […]

FIU’s finance masters program repeats in Financial Times international rankings.

For the second straight year, the Masters of Science in Finance (MSF) program at Florida International University (FIU) has earned the number four ranking in the category of Master in Finance Post-Experience 2013, according to the Financial Times. The top three rankings were earned by the London Business School, Singapore Management University and University of […]