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John J Powers, Jr. Professor of Finance



D.B.A., Finance, Operations Research, George Washington University
M.B.A., Information Technology, George Washington University
A.B., Experimental Psychology, Brown University
Chartered Financial Analyst (CFA)

Phone: 202-687-3820

Email Address: dromsw@msb.edu

Professor Droms specializes in investment asset allocation and portfolio management for individual investors. His current research focuses on global asset allocation and the investment performance of mutual funds. He teaches courses in investment analysis and portfolio management.

Professor Droms, is the author or co-author of 12 books on finance and investments, including Investment Fundamentals, The Dow Jones-Irwin Guide to Personal Financial Planning, Dow Jones-Irwin No-Load Mutual Funds, The Life Insurance Investment Advisor, and Finance and Accounting for Nonfinancial Managers. His published research papers have appeared in numerous academic and professional journals, including the Financial Analysts Journal, Journal of Accountancy, CPA Journal, Journal of Financial Research, Applied Financial Economics, and American Journal of Economics and Sociology. Professor Droms, a chartered financial analyst, developed a proprietary portfolio allocation scoring system (PASS) for individual investor asset allocation. This system has been adapted for major banks, insurance companies, brokerage firms and CPA practices.


FINANCE AND ACCOUNTING FOR NONFINANCIAL MANAGERS, Sixth (2010) edition, William G. Droms & Jay O. Wright

  • Chapter 1
  • Chapter 2
  • Chapter 3
  • Chapter 4
  • Chapter 5
  • Chapter 6
  • Chapter 7
  • Chapter 8
  • Chapter 9
  • Chapter 10
  • Chapter 11
  • Chapter 12
  • Chapter 13
  • Chapter 14
  • Chapter 15
  • Chapter 16
  • Chapter 17
  • Chapter 18
  • Chapter 19