Assistant Professor of Finance
Phone: (609) 771-2150
Office: Business Building 116
Office Hours: Tuesday & Friday 12:30-2:00pm
PhD Kent State University
Dr. Nonna Sorokina is a passionate teacher/scholar in the finance and quantitative fields. Prior to joining TCNJ, Dr. Sorokina taught at Wake Forest University. Her primary teaching interests extend to the area of Corporate Finance, Financial Markets and Institutions, and Quantitative Analysis. A commitment to life-long intellectual growth largely defines her teaching philosophy. Dr. Sorokina emphasizes practicality of the discipline and routinely prompts students to relate courses’ content to real world situations during regular discussions of current economic events and business initiatives. Frequent assessments and continuous grading feedback keep students aware at all times of their current course progress and additional effort required for a successful course completion. Dr. Sorokina devotes significant time and utmost attention to her interaction with students. Productive co-operation between students and a professor is a cornerstone of learning success and Dr. Sorokina diligently fulfills her role in this partnership.
Fundamental Financial Methods
Introduction to Investments
Student Investment Fund
Applied Quantitative Analysis for Finance
Quantitative Analysis II
Quantitative Analysis I
Individual Investment Analysis
Dr. Sorokina serves as a Principal Contact for the CFA Institute regarding TNCJ’s participation in the University Affiliation Program.
Dr. Sorokina’s research agenda incorporates a multitude of finance and quantitative topics including capital structure, financial regulation, financial crises, derivatives, and market liquidity; robust regressions; change point analysis; forecasting models; variable selection; Bayesian statistics; and simulation analysis within finance studies. Dr. Sorokina regularly publishes her work and speaks at academic conferences and research seminars. She is affiliated with the American Finance Association (AFA), Financial Management Association (FMA), European Finance Association (EFA), Eastern Finance Association (EFA), and International Finance and Banking Society (IFABS).
- Why Do Banks Choose to Finance with Equity? Nonna Y. Sorokina, John H. Thornton, Jr., and Ajay Patel, 2017. Journal of Financial Stability, Vol.30, June 2017, p. 36-52.Presented at the FMA’14, MFA’15, EFA’15.
- Reactions of equity markets to recent financial reforms. Nonna Sorokina and John H. Thornton, 2016. Journal of Economics and Business, Vol. 87, September-October 2016, p. 50-69.KSU School of Business Dean’s Best Paper 2012 Award. Presented at the MFA’12, at the FMA European’13, at the IFABS’13 (invited paper in the special session organized by the Federal Reserve Bank of Cleveland), and at the FMA International’13.
- Analyst Optimism in the Automotive Industry: A post-bailout boost and methodological insights. Barry Hettler, Yertai Tanai, Nonna Sorokina and David Booth, 2015. Journal of Data Science, Vol.13, No.3 (July), p. 473-494.Presented at the MWDSI’13.
- Robust Methods in Event Studies: empirical evidence and theoretical implications. Nonna Y. Sorokina, David E. Booth and John H. Thornton, Jr., 2013. Journal of Data Science, Vol.11, No.3 (July), p. 607-621.Presented at the EFA’12, FMA’12.
- Chasing the change: a study of DAX returns and its futures liquidity. Nonna Y. Sorokina and David E. Booth, 2016. Presented at the EFA’14, MWDSI’14. MWDSI’14 Best Application Paper Award
- Bank Capital and Firm Capital, with Lindsay Baran
- Bank Leverage Components, with John Thornton and Ajay Patel
- Banks size matters when it comes to leverage components, with David Booth. Presented at the MWDSI’17
- Long-term impact of Gramm-Leach-Bliley Act on the financial industry, with James Thomson Presented at the EFA’13
- MBS prepayment speed and more: forecasting model based on pure rational behavior, quasi-simulation and empirical restrictions. Presented at the EFA’13
- Relationship between corporate social responsibility and shareholders’ value, with Susan Hume
- Variable selection: a case of bank capital structure determinants, with David Booth. Presented at the MWDSI’16
Dr. Sorokina’s academic qualification is supported by nearly 20 year-long career in financial industry, where she worked for Ohio Savings Bank, AmTrust Bank, Charter One Bank, and New York Community Bank as a programmer/analysts, business systems analyst, financial and quantitative analyst, and project manager. Her primary expertise is in Mortgage Origination/Secondary Mortgage Marketing, Credit Cards and Correspondent Banking area.
Dr. Sorokina’s interest in Finance and Quantitative Analysis has come a long way. She had begun exploring software development and analysis in middle school and had decided to choose banking as her professional designation in high school. She received her first degree in Finance and Banking from Donetsk State University in 1998. While working full-time for AmTrust Bank, she earned her MBA with concentration in Finance in 2007. After gaining a substantial business experience, Nonna Sorokina completed doctoral-level coursework, defended her dissertation “Bank Capital and Theory of Capital Structure” and attained PhD in Finance and Applied Statistics from Kent State University in June 2014.