June 07, 2006

Walt Torous, Professor of FinanceLOS ANGELES - Walt Torous, professor of finance at UCLA Anderson, has been awarded the Lee and Seymour Graff Endowed Professorship. Torous teaches real estate finance and managerial finance in Anderson’s regular MBA, Fully-Employed MBA, and Executive MBA programs.  His research interests include the valuation of financial instruments (options, risky debt, and mortgages), the reorganization of financially distressed firms, as well as statistical issues in finance. He also is an editor of Real Estate Economics, the official publication of the American Real Estate and Urban Economics Association. He was also the founding director of the Ziman Center for Real Estate at UCLA Anderson.

Before coming to UCLA Anderson in 1985, he taught at the University of Michigan. He has also been on the faculty of the London Business School. His consulting clients include the U.S. Department of Housing and Urban Development, the Federal Home Loan Mortgage Corporation, and various thrifts, banks and other financial institutions.

Lee and Seymour Graff began their own clothing company, Graff Manufacturing, in 1933. It has since become one of the largest privately held apparel companies in the United States. The late Lee Graff was chairman and CEO of Graff Californiawear and the late Seymour Graff was also the founding CEO of Manufacturers Bank.  The Graff’s original endowment was established in 1987 to support scholar fellowships and special projects.

About UCLA Anderson School of Management
UCLA Anderson School of Management is ranked among the top-tier business schools in the world.  Award-winning faculty renowned for their research and teaching, highly selective admissions, successful alumni and world-class facilities combine to provide an extraordinary learning environment.

The mission of UCLA Anderson School of Management is to be a global leader in management education, research and service. Established in 1935, UCLA Anderson provides management education to more than 1,400 students enrolled in MBA and doctoral programs, and some 2,000 executives and managers enrolled annually in executive education programs. UCLA Anderson alumni number more than 34,000 graduates around the world dedicated to continued networking, professional development and educational activities.

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