Business Department Faculty

David PorrasDavid Porras
Chair & Associate Professor
Business Department
(314) 246-8621
EAB 313

Dr. Dave Porras has a B.S.B.A. and M.B.A. from Washington University and Ph.D. Finance/Economics from Saint Louis University. Dr. Porras' area of expertise is asset pricing. Dave's areas of teaching includes advanced investments/derivatives and his area of research is investments. He has been published in Quarterly Journal of Business and Economics and the International Journal of Diversity in Organizations. 

Rich Dippel Rich Dippel
Assistant Professor
Business Department
(314) 968-5992
EAB 349

Professor Rich Dippel has a B.S. in Business Administration from Saint Louis University, a M.B.A. from Saint Louis University and a J.D. from Saint Louis University. Rich's areas of teaching include legal procedure management of evidence and accounting information systems. Rich's research interests include technical, legal and internal control implications of today's digital multifunctional devices. He has been published in the Journal of Forensic and Investigative Accounting.

Baichun FengBaichun Feng
Assistant Professor
Business Department
EAB 352

Steve HinsonSteve Hinson
Associate Professor
Business Department
(314) 246-7017
EAB 345

Dr. Steve Hinson has a B.S. in Economics from Berea College, an M.A. in Economics from the University of Kentucky, a Ph.D. in Economics from the University of Kentucky and an M.B.A. from Webster University. Dr. Hinson's teaching responsibilities include principles of economics, macroeconomics and international economics. His areas of research include sustainability and income inequality.

Dr. Toy LuhTroy Luh
Associate Professor
Business Department
(314) 246-7943
EAB 347

Dr. Troy Luh has a B.S. in Accounting from Evangel University, his M.A.c.c. from Missouri State University, M.S.v.S. (Masters of Sciences in Valuation Sciences) from Lindenwood University and his Ph.D. in Higher Education and Leadership from Saint Louis University. His expertise is in financial accounting, auditing, business valuation and forensic accounting. Dr. Luh's areas of teaching include intermediate accounting, auditing, business valuation and forensic accounting. His areas of research include business valuation and forensic accounting. Troy has been published in The Tax Advisor, The Asset and The St. Louis Business Journal.

Run NiuRun Niu
Assistant Professor
Business Department
(314) 246-7794
EAB 348

Dr. Run Niu has a B.A. in Economics (Enterprise Management) from Tsinghua University, a B.E. in Engineering (Mechanical) from Tsinghua University, a M.E. from Tsinghua University and a Ph.D. in Management Science from the University of Alberta. Dr. Niu's areas of teaching include operations management, management science and related courses. Run's areas of research include decision problems on the interfaces of operations/marketing, operations/supply chain management, business/education applications of social networks and virtual worlds, Word-of-Mouth and referral rewards management in retailing. Run has been published in Decision Support Systems, European Journal of Marketing, Asian Pacific Journal of Operations Research and Information System and e-Business Management Journal.

Debbie PsihountasDebbie Psihountas
Associate Professor, Finance
Business Department
(314) 246-7553
EAB 351

Debbie Psihountas graduated from the University of Cincinnati and a Ph.D. in Finance from the University of Cincinnati. Debbie Psihountas' areas of teaching include corporate finance, corporate governance, human capital and financial return, diversity and taxation. Dr. Psihountas has been published in The International Journal of Diversity in Organisations, Communities and Nations, and has presented papers at the Financial Management Association, Academy of Financial Services, and other conferences. She was voted a "Most Inclusive Leader" award by the St. Louis Business Journal in 2009, a "Woman of Achievement" by the Hellenic Spirit Society of the University of Missouri St. Louis, in 2008, and a YMCA Woman Leader in 2006. She has served as chair of the business department at Webster as well as acting chair of business and management programs in Geneva, Switzerland. She is also former chair of the salary and fringe benefit committee of Webster University and has actively served as a faculty leader and member in a number of other organizations.

Dr. Patrick RishePatrick Rishe
Business Department
(314) 968-7008
EAB 342

Dr. Patrick Rishe is a Professor of Economics within the George Herbert Walker School of Business at Webster University. He is also the Founder and Director of sports consulting firm Sportsimpacts and a contributing Sports Business writer for Forbes.

An established subject expert in Sports Business issues, Dr. Rishe has published numerous peer-reviewed academic articles and has been an invited speaker on topical Sports Business issues at NYU's Tisch Graduate School of Sport Management, UCLA's Anderson School of Business, and a three-time participant at the Harvard Sports Law Symposium (2011, 2012, 2013).  He has offered guest lectures on Sports Business at Washington University, UCLA, Pepperdine University, Saint Louis University, and the University of Nevada Reno.

As a consultan, Dr. Rishe has provided economic/marketing research services to over 75 events since 2000, including two Super Bowls, three Final Fours, one Ryder Cup, and the Manny Pacquiao Defamation Lawsuit settled in September 2012.

With over 450 Forbes publications since May 2010, Dr. Rishe frequently discusses Sports Business issues with CNBC, Bloomberg, YES Network, and his discussion of Penn State's football scandal appeared on the CBS Evening News (Sept. 2012).  Additionally, his topical Sports Business perspectives have been featured in the New York Times, USA Today, L.A. Times, Wall Street Journal,,, NPR, Yahoo Sports Radio, BBC Radio, CNN International, Montreal's La Presse, and over twenty regional business journals across the United States.

Elizabeth RisikElizabeth Risik
Assistant Professor - Finance
Business Department
(314) 246-7162
EAB 346

Dr. Elizabeth Risik has a B.A. in Finance from Michigan State University, a M.S. in Finance from the University of Illinois at Urbana-Champaign and a Ph.D. in Finance from the University of Illinois at Urbana-Champaign. Elizabeth Risik's areas of teaching include financial strategy, mergers & acquisitions and principles of finance. Elizabeth's areas of research include corporate finance, mergers & acquisitions, options pricing, behavioral finance and mutual funds.

Dr. Arnoldo RodriguezArnoldo Rodriguez
Associate Professor
Business Department
(314) 246-7155
EAB 350

Dr. Arnoldo Rodriguez has a B.A. in Business Administration from UACA, Costa Rica, an M.B.A. from INCAE Business School and a Ph.D. in Business from Carlson School of Management, University of Minnesota. His areas of teaching include financial and managerial accounting. Dr. Rodriduez's areas of research include corporate social responsibility reporting, transfer pricing and valuation using financial statements. Arnoldo has been published in the Journal of Business Research, INCAE Business Review , Corporate Social Responsibility Book and the proceedings of the International CSR Conference.

Brad ScottBrad Scott
Business Department
(314) 246-7574
EAB 343

Brad G. Scott, Ph.D. is a professor of finance and international business at Webster University. He has taught in London and the Netherlands, and led short courses to Switzerland, China, Thailand and Japan. He has been the previous chair of the Business Department and director of the MBA Program, and served on many other service committees. Dr. Scott’s past experience includes a family retail business and as a commercial banking officer. He received both his Ph.D. and his MBA from Saint Louis University, and has remained active in his field with papers and presentations in both finance and online education.

Bud BellomoSebastian (Bud) Bellomo
Adjunct Professor & Special Projects Coordinator
Dean's Executive Staff Department
636) 699-0058

Dr. Sebastian (Bud) Bellomo holds a B.S. in Business Administration from Lindenwood University, a M.B.A. from Lindenwood University, and a D.Mgt. from Webster University. His areas of teaching are in economics and in operations management. Dr. Bellomo's research interests include economic systems in theory and practice of developed nations. He has been published in The Journal of Business Economics Research.

Ed SpillaneEd Spillane
Professor Emeritus
Business Department
(314) 246-7021
EAB 310

Dr. Ed Spillane has a B.S. in Business Administration from Stonehill College, an M.A. in Health Administration from Saint Louis University and a Ph.D. in Health Administration from Saint Louis University. Dr. Spillane's areas of teaching include corporate finance and his areas of research include healthcare organizations and human resource administration. He has been published in Hospital Progress.

Ramses Armendariz
Visiting Assistant Professor, Economics
Business Department

Professor Armendariz is an economist, specializing in the impact of international trade policies on monopolistic competitive industries. He holds a BA in Applied Economic Policies from ITAM in Mexico City, and he is working toward his Ph.D. in Economics at the University of Minnesota. His dissertation studies the impact of NAFTA on the Tequila and Tennessee Whiskey Industries.  He has been recognized by the University of Minnesota Economics Department as a “Distinguished Instructor” and has been named one of the best 10 graduate instructors at the university.  His current studies include the impact of income heterogeneity on the size distribution of liquor producers.