R. Malcolm Richards, director of the Real Estate Center at Mays Business School since 1995, left his position Jan. 1 to assume the deanship of the School of Business and Management at the American University of Sharjah in the United Arab Emirates.
Richards is also the Peters Professor of Banking. He began his career at Texas A&M as a finance professor in 1974, and was finance department head for years before he became Mays’ associate dean for administration and external relations. Richards only spent two years of his career away from Texas A&M, when he served as dean of the W. Frank Barton School of Business at Wichita State University from 1991 to 1993.
“Malcolm Richards has been a wonderful colleague at Mays Business School for a number of years,” said Dean Jerry Strawser. “When I visit with former students, his name is frequently mentioned as one of the faculty members who truly made an impact on their lives. While we are all excited for him as he undertakes this wonderful opportunity, our school simply won’t be the same place without him.”
Richards’ research has focused on the functioning of financial markets, including studies of the accuracy and usefulness of forecasts of corporate earnings, investor choice, and the process by which the market evaluates and reacts to new information. Among the most satisfying parts of his 30-year career so far, he says, has been seeing Texas A&M’s growth and progress.
“And, of course,” Richards adds, “it doesn’t hurt seeing former students do so well in their careers.”