Karl Lawrence, PhD, FRM, CFP

Chief Financial Officer

Photo of Karl Lawrence, PhD, FRM, CFPDr. Karl Lawrence is chief financial officer at Excelsior College. A trained financial economist, Dr. Lawrence previously served as  dean of the School of Business & Technology at Excelsior, chair of the Business and Economics Department at Fort Valley State University, and as an assistant finance professor at American University of the Middle East and Florida Agricultural and Mechanical University. From 1998 through 2002, he served as a finance instructor at Florida State University.

Dr. Lawrence’s research interests include:

  • Arbitrage and dynamic specification of financial markets
  • Economic development and financial markets in emerging economies
  • Interaction between derivative and underlying markets, volatility of stock market
  • Financial market integration
  • Monetary aspects of securities markets and asset prices
  • Risk and portfolio modeling


  • Business Valuation
  • Portfolio Management
  • Financial Risk Management
  • Corporate Finance
  • Real Estate Finance


  • Doctorate of Philosophy, Finance, Florida State University
  • Master of Business Administration, Florida International University
  • Bachelor of Arts, Finance, Florida State University


  • Approved Florida Insurance Instructor
  • Certified Business Technical Assistant Consultant
  • Certified Financial Planner
  • Employment Specialist
  • Financial Risk Manager
  • Florida Appraiser Trainee, #RI15838
  • Florida Building Contractor, #CBC1253749
  • Florida General Appraiser Instructor, #GA1000108
  • Florida Mortgage Broker, #0303019
  • Florida Real Estate Associate, #SL3070214
  • Florida Real Estate Instructor, #ZH1002263
  • Florida Supported Employment Specialist

Awards and Recognitions   

  • Selected to the KPMG PhD Project Inaugural Class
  • McKnight Doctoral Fellow
  • McKnight Junior Faculty Fellow
  • Who’s Who in Finance
  • Minority Business Student Scholarship

Selected Presentations

  • American Finance Association, 1995-1998; 2002-2005
  • Financial Management Association, 1996, 2005
  • Southeastern Financial Association, 1996-2003, 2005-2008
  • American Economics Association, 2003-2005

Selected Publications     

  • “Obesity: The Subjugation of the Underclass,” co-author, Review of Black Political Economy (Under Review).
  • “The Effects of Priming on Self-reporting of Perceived Stressors and Strains,” co-author, Journal of Organization Behavior, Volume 18, 1997.
  • “The Dynamic Aspects of Risk- and Characteristic-Based Returns,” author, Dissertation, 2001.
  • “Florida Mortgage Brokerage,” author, Florida Department of Financial Services approved mortgage textbook, 2008.

Professional Memberships and Associations

  • American Finance Association
  • Association of Public Pension Fund Auditors, Inc.
  • Chartered Financial Analyst (CFA) Institute
  • Financial Management Association
  • Global Association of Risk Professionals
  • Investment Risk Institute