BLACKSBURG, Va., April 27, 2011 – Randall Billingsley, associate professor and assistant head of the Department of Finance in the Pamplin College of Business at Virginia Tech, received the university's 2011 William E. Wine Award.
The William E. Wine Achievement Awards were established in 1957 by the Virginia Tech Alumni Association in memory of William E. Wine of the Class of 1904, a former rector of the board of visitors and alumni association president. Following a college-level selection process of candidates nominated by students, faculty, and alumni, each college may put forth one nominee. Three faculty members are selected to receive this teaching award by a committee representing all eight colleges at the university. Each Wine Award winner receives $2,000 and automatic induction into the Academy of Teaching Excellence.
A member of the Virginia Tech community for 29 years, Billingsley is regarded for his consistent record of excellence in the classroom at both the undergraduate and graduate levels as reflected in high teaching evaluations and the many teaching awards he has received since 1985.
“Once of the unique contributions of Randy is his role as the advisor for the Student-Managed Endowment for Educational Development, or SEED program,” said Raman Kumar, Oliver Professor of Investment Management and head of the Department of Finance.
Students in SEED manage approximately $4.1 million of Virginia Tech’s endowment and invest it in the stock market. Under Billingsley’s supervision and guidance, SEED has outperformed the market and other professionally managed funds.
“More important than the portfolio’s performance is the education and learning that takes place for the students in this environment,” Kumar said.
In addition to his role with SEED, Billingsley has been active in teaching in the executive and professional MBA programs in the National Capital Region, Richmond, and Roanoke. He has received high teaching evaluations from the executives who participate in these courses. He also has been instrumental in proposing and designing new courses at both the undergraduate and graduate levels.
“Randy has made significant and important contributions to the teaching and learning mission of the college and university,” Kumar said. “These contributions have taken student learning to a higher level, allowing our students to be successful in jobs that they could not have done otherwise.”
Billingsley is a member of the CFA Institute. He received his bachelor's degree from Texas Tech University, and a master’s degree and Ph.D. from Texas A&M University.
Virginia Tech’s nationally ranked Pamplin College of Business offers undergraduate and graduate programs in accounting and information systems, business information technology, economics, finance, hospitality and tourism management, management, and marketing. Pamplin emphasizes technology and analysis that improve business, entrepreneurship that leads to innovation and innovative companies, international opportunities for learning and research, and an inclusive, collaborative community. It is named in honor of two alumni: the late Robert B. Pamplin, retired chairman of Georgia-Pacific, and businessman, author, and philanthropist Robert B. Pamplin Jr.