Fred Hays, Ph.D.
Henry W. Bloch/ Missouri Endowed Chair in Financial Services / Associate Professor (retired)
234 Bloch Heritage Hall
Areas of expertise: Performance of community banks with emphasis on multivariate analyses of real estate lending and financial crisis, neural network models, global business issues in Europe and Asia
Fred H. Hays is chair of the Department of Finance and the Henry W. Bloch/Missouri Endowed Chair in Financial Services. He has been a Henry W. Bloch School of Management faculty member since 1977 and previously held the Carl W. Allendoerfer Chair in Banking and Finance from 1984 to 2011.
Hays received B.B.A. and M.S. in economics degrees from the Hankamer School of Business at Baylor University in Waco, Texas. He earned a Ph.D. in economics with a minor in finance from the College of Business Administration at Louisiana State University (LSU) in Baton Rouge. He taught at LSU for six years.
Professor Hays currently teaches Commercial Bank Management, Management of Financial Intermediaries and Global Financial Markets and Institutions courses at the undergraduate and MBA level, graduate courses in managerial economics and global macroeconomics and multiple study abroad courses in Europe including London, Paris and Amsterdam.
His current research interests encompass the efficiency and performance of community banks with special emphasis on multivariate analyses of bank real estate lending during the financial crisis. In the entrepreneurship area, he has investigated artificial neural network models for determining default risk in micro-lending operations. With additional interests in financial pedagogy, including autopsy studies of bank failures and experiential learning including bank management simulations, Hays recently conducted multiple research studies on credit union performance.
He has published articles in the Review of Financial Economics, Journal of Economics, Policy Studies Journal, Journal of Commercial Bank Lending, Credit and Financial Management Review, Review of Business and Economic Research, Baylor Business Studies, Texas Business Review, RMA Journal, Journal of Finance and Accountancy, Journal of Case Research in Business and Economics, Research in Business and Economics, Journal of Instructional Pedagogies, Journal of Behavioral Studies in Business, Journal of Business Cases and Applications and the Journal of Technology Research, among others.
Hays has also been a reviewer for academic journals, textbooks and grants, and served nine years as editor of the Bank Board Letter and as contributing editor to Bank News. He is a Credit Research Foundation fellow and has received many awards for outstanding teaching, community service and research including a recent Best Conference Paper award at the Academic and Business Research Institute international meeting in Orlando.
Hays was instrumental in leading the effort that resulted in approval of a new Master of Science in Finance program at the Bloch School in 2011 and currently serves as director of Bloch School Global Study Abroad programs. He has also been faculty leader for more than 30 study abroad programs in Europe, including programs in London and Paris, for about 20 years. He has also been involved in Bloch study abroad programs in China.
Dr. Hays has a long record of involvement in the Kansas City community. He served as a member of the Growth Task Force of the Kansas City Chamber of Commerce. He was appointed as a member of the Chancellor’s Blue Ribbon Task Force on the future of business education. He served 15 years on the board of directors of the Samuel U. Rodgers Community Health Center, including multiple terms as chairman of the board, vice chairman, treasurer and chairman of the finance committee. He recently served as special advisor to the mayor of Kansas City, Mo., on the proposed city budget. He is currently a member of the International Trade Council of Kansas City, where he chairs the scholarship committee.