Kelly D. Welch

Lecturer and School of Business Teaching Fellow
Primary office:
Capitol Federal Hall
Room 4164
University of Kansas


Academic Area



  • Investment Allocation Strategy
  • Investment Analysis
  • Business Valuation
  • Derivatives and Risk Management


  • PhD in Finance and Economics, University of Chicago (1999)
  • Honours BA in Philosophy, Politics, and Economics, University of Oxford (1989)
  • BS in Economics, Kansas State University (1987)
  • BS in Agricultural Economics, Kansas State University (1987)

Teaching Interests

  • Valuation
  • Real options
  • Risk management
  • Derivatives
  • Options
  • Futures
  • Portfolio
  • Allocation
  • Finance

Research Interests

  • Finance
  • Financial Economics
  • Portfolio
  • Allocation
  • Funds
  • Target date

Selected Publications

Welch, K. D., Barkema, A. & Drabenstott, M. (1991). The Quiet Revolution in the U.S. Food Market. Economic Review.

Welch, K. D., Rosensweig, J. A., & Lium, G. (1986). The Changing Pattern of U.S. Trade: 1975-1985. Economic Review.

The school and accounting program are accredited by AACSB International, The Association to Advance Collegiate Schools of Business
Our Finance Scholars travel to Wall Street every year
Students in Applied Portfolio Management class manage a fund valued at $1 million
Business students get hands-on experience valuing and analyzing investments
Top 20 undergraduate accounting program —Bloomberg Businessweek
One of 34 U.S. public institutions in the prestigious Association of American Universities
44 nationally ranked graduate programs.
—U.S. News & World Report
Top 50 nationwide for size of library collection.
5th nationwide for service to veterans —"Best for Vets: Colleges," Military Times
KU Today