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VITA
Charles W. Cole, III
School of Business and Economics
Department of Accounting and Finance
North Carolina A&T State University
1601 East Market Street
Greensboro, NC 27411
Office: 336 285 3330
Email: cwcole1@ncat.edu
TEACHING EXPERIENCE
North Carolina A&T State University School of Business and Economics Department of Accounting and Finance 2006, August to presentAssistant Professor , Adjunct Courses Taught
Business Finance
Financial Markets and Institutions Commercial Bank Management Principles of Risk and Insurance Money and Banking
Principles of Investments Business Environment West Virginia University
Morgantown, WVa
School of Business and Economics 1978- 1981
Assistant Professor of Finance
EDUCATION
University of Arkansas, Fayetteville, AR
Ph.D., Business Administration, Finance Concentration 1979
Delta State University, Cleveland MS
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OTHER WORK EXPERIENCE
July 2002 – August 2006:
BB&T Capital Markets, Winston-Salem NC
Initiated , developed and managed the corporate tax-exempt bond and student loan bond financing businesses of the Capital Markets group at BB&T as Senior Vice President from 2002 to August 2006
February 1982 – April 2002:
Wachovia Bank; Wachovia Capital Markets, Winston-Salem ,NC
Initiated and managed Wachovia Bank’s public finance department through 1987 and thereafter until 2002 held various management and business development positions within the Capital Markets Group of Wachovia in Winston-Salem, NC. As Senior Vice President in the Capital Market’s group Cole was responsible for managing the corporate tax exempt bond and student loan bond financing businesses.
PUBLICATIONS
Charles W. Cole and Jeffrey A. Edwards, Competition on MARS? A Study of Broker-Dealer Competition in the U.S. Municipal Auction Rate Securities Market; Journal of Financial and Economic Practice, Fall 2011,vol 11, Issue 2.
Charles W. Cole, Lessons from MARS ! Were Municipal Auction Rate Securities Financial Innovation? Conflict of Interest, Lack of Transparency and Agency Costs in the MARS Market, Municipal Finance Journal, Volume 31, Number 02, Summer 2010 , pp.77-98(22).
Angell, Robert J and Charles W. Cole, Stock Returns Versus Bond Returns: Actual Historical Data 1926-2008, Southern Business Review, Winter 2010.
Charles W. Cole and James A. Millar, The Impact of Municipal Bond Banking on Municipal Interest Costs, Financial Management , Spring 1982, Vol 11, No 1
Charles W. Cole and Dennis T. Officer, The Interest Cost Effect of Private Municipal Bond Insurance, The Journal of Risk and Insurance, September 1981, Vol XLVIII, No 3
PROFESSIONAL AND SERVICE ACTIVITIES
ConsultingPage 3 of 5 Service
Profession:
- College Foundation Inc (CFI), Raleigh, NC; asked by CEO Wendy McAlister to join in Fall 2014 College Foundation Inc.’s Board of Directors; appointment pending Governor’s office approval in October. (CFI), is a nonprofit corporation serving North Carolina students and families since 1955, which administers a loan portfolio of more than $3.3 billion, including low-interest federal education loans, in addition to the state's college grant programs and the tax-advantaged "529" college savings program on behalf of the N.C. State Education Assistance Authority. CFI also delivers information to North Carolina students and families about paying for college and provides technology services for cfnc.org.
School of Business and Economics
- Developing New Student Managed Investment Fund (SMIF) program, curriculum and courses for startup in Fall 2015, for students to manage $50,000 funds provided by SOBE EAB ; 2014
- Strategic Priorities Implementation action group: Enhancing Student Success, active member, 2013-12014;
- Prepared proposal for a Student Managed Investment Fund, accepted by SOBE Executive Advisory Board, 2013;
- Developed program on Financial impact of healthcare decisions on retirement resources for Financial trading Room of SOBE outreach to Community, in conjunction with Senior Resources of Greensboro, NC, 2013
- Presenter, Construction Contractor Certificate Program sponsored by NCAT Transportation Institute, January 2012, on Finance: Make Money and Avoid an IRS Audit.
- Student recruiting trips on behalf of SOBE, October 2012 - Faculty Evaluation Task Force, 2009-2011
- Developing and implementing Investing Topics modules for late fall 2014 and spring terms for Young Investors club and campus community in trading room; Assistant director, Financial Trading Room;
Department of Accounting and Finance
- Department Strategic Planning Committee member, 2014-15;
- Developing New Student Managed Investment Fund (SMIF) program, curriculum and courses for startup in Fall 2015, for students to manage $50,000 funds provided by SOBE EAB ; 2014
- Co-sponsor of Aggie FMA (Financial Management Assn) with Dr Bob Howard;
- Assisted Department Head with integration of Finance into the Accounting Department, 2012-2013
- Faculty advisor for Senior Finance majors;
- Developed framework for Finance curriculum review, 2012 - Curriculum coordinator for Finance, 2012-2014
- Department coordinator for NC State Employee Combined Campaign, 2010-2012
- Met on occasion with Dr James and industry representatives to discuss their recruiting of Accounting and Finance majors and their requirements
Page 4 of 5 - Developed presentation materials for Department Chairman to assist in recruiting
high-school students to our Finance major; Discipline
- Referee for Journal Note, The Journal of Economics, Vol. XXXIV, No.2, 2008, referred by Dr. Jeffrey A Edwards.
Community (recent)
- Vice Chair, Kernersville Advisory Board of Crisis Control Ministry (CCM),
Winston-Salem NC, 2012 to present
o Organize annual Spring Folly weekend fundraiser for CCM
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Member, Board of Directors, Crisis Control Ministry (CCM), Winston-Salem NC, 2013
to present
o Philanthropy Committee, Crisis Control Ministries, W/S NC, 2012 – present
o Member, Individual Giving sub-committee, Crisis Control Ministries,
2012-present
- Partnered with Habitat for Humanity/ Forsyth to develop & organize a group of 11
eastern Forsyth area United Methodist churches (including Main Street UMC) towards a
goal of funding and constructing a Habitat home in the Kernersville area. Result:
$65,000 fundraising goal reached and construction of a home completed in Fall 2012 in
the Smith Farm neighborhood off Hwy 150 south of Kernersville.
-
Kairos Prison Ministry: Central Prison Kairos Advisory Board member (as of
September 2013 to present) & Thirteen year volunteer; also financial
secretary/Kairos Donor coordinator. Kairos is a worldwide ecumenical prison
ministry for men and women in mostly maximum security prisons. Kairos NC has
been operating at Central Prison for 20 years and in multiple others prisons in NC
currently.
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Main Street United Methodist Church, Kernersville: Member since 1982 and
Volunteer; prior Board chair, Lay Leader, Chair of Mission and Outreach committee,
etc; youth home-repair mission trips via Appalachia Service Project and ReCreation
Ministries; Chancel Choir ; volunteer in our Community Garden ; facilitated Disciple
bible studies; coordinated our Community action day (Hands Together) in
mid-September annually;
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