The Kingsmen
Timothy Falcon Crack 1978 – 1982
Our 1982 Dux, Tim is a Professor Emeritus of Finance at the University of Otago. He joined the department as a chaired full professor in 2004, and retired in 2021. He maintains an office at the University of Otago and continues to mentor junior faculty and to meet with students.
At King's Tim had a very successful academic career. He gained General Excellence Prizes each year and won distinction awards with the Australian Mathematics Competition. He was one of the top students in the New Zealand Senior Mathematics Competition. He was a member of the Student Executive (No Prefects in 1982) in his final year.
On leaving King's Tim attended the University of Otago in 1983. After four years study he graduated with a Batchelor Degree with Honours in Mathematics. He completed a Post Graduate Diploma of Commerce in Accounting from 1987 to 1990 then a Masters Degree in Finance from 1990 to 1993.
He continued his studies in the United States where he did doctorate course work at the Massachusetts Institute of Technology and Harvard University, and graduated with a PhD in Financial Economics at MIT. He also holds the Investment Management Certificate from the UK Society of Investment Professionals. He has published in the top academic journal in Finance (The Journal of Finance), the top practitioner-oriented journals in Finance (The Financial Analysts Journal and The Journal of Futures Markets), and the top pedagogical journal in Finance (The Journal of Financial Education). He also published in what was the top interdisciplinary Business journal (The Journal of Business). He has written seven sole-authored finance books.
Tim has worked as an independent consultant to the New York Stock Exchange and to a foreign Government body investigating wrongdoing in the financial markets. His most recent practitioner job was as the Head of Quantitative Active Equity Research for the UK and Continental Europe in the London office of Barclays Global Investors which was the world's largest institutional asset manager. He also taught undergraduate, MBA and PhD courses at Indiana University's Kelley School of Business. He has won six university teaching awards and been nominated for at least five others.