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Raminder K Luther

Professional Details

Title: Professor
Office: CC-232
Phone: 978-542-7006
Resume: Raminder K Luther [PDF 135KB]

Spring Courses

Cat. # Term Course # Title
1016 01 FIN301 Principles of Finance
1021 01 FIN469 Finance Seminar
1785 S1 FIN753 Retirement and Employee Benefits Planning
1858 02 FIN301 Principles of Finance
1860 04 FIN301 Principles of Finance
1935 W1 FIN350 International Finance
3902 01 IDS603H Honors Independent Study

Professional Biography

2011- present - Professor, Salem State University, MA

2004-2011 - Associate Professor, Salem State University, MA

1998-2004 - Assistant Professor, Salem State University, MA

1993-1998 - Assistant Professor, Marywood University, PA

1985-1988 - Sr.Marketing Executive, DCM Data Products, India.

Professional Interests

Research: Healthcare Finance, Personal Financial Planning, Retirement Choices, Education Finance, ETFs, Pension Plans, Finance Cases

Teaching: Principles of Finance, International Finance, Retirement PLanning and Finance Seminar


Teach Financial Management, International Finance and Finance Seminar at undergraduate level, Retirement Planning at graduate level

Advise undergraduate students 

Chair, Assessment Committee, Chair, Steering Committee

University Budget Committee 


Selected Publications

Coleman, L., Wu, P., Luther, R., Hair-brained or great-hair business? Assessing alternative markets and product-service designs for successful startups by small-retail entrepreneurs.  Journal of Business Research, Vol. 67(6), 2014, pp 1136-44.

Luther, R., Lam, M.. The offer price. The Case Journal, Vol. 8(2), 2012, pp 75-89.

Luther, R. (1999) “Financial management difficulties.   A chapter in Pathways to the Future: A Review of Military Family Research, 1999: pp 269-283

Luther, Raminder K. An artificial neural network approach to predicting the outcome of chapter 11 bankruptcy. Journal of Business and Economic Studies,4(1) 1998,pp 57-73,

Luther, R. Garman, T. Leech, I. "Employer's Cost of Employees' Personal Financial Management Difficulties", Personal Finances and Worker Productivity, 2(1), 1998, pp 175-182.

Selected Presentations

Luther, R., Pan, Y. (2015). The effect of Massachusetts health reform on financial performance of healthcare providers: Panel data analysis. International Conference on Service Systems and Service Management, China.

Luther, R., Lam, M. (2011). The Munroe school building: an asset or a liability, North American Case Research Association, San Antonio.

Luther, R., Kudrimoti, S. (2010). "Reversing Course from Defined Contribution to Defined Benefit Plans - An Analysis of Retirement Plan Choice Among Faculty", Academy of Financial Services National conference.

Luther, R. (2007). Sector exchange traded funds – does the brand name matter? Proceedings, Northeast Business and Economics Association Meetings.

Jain, S., Luther, R. (2000). Matrix prices vs. exchange prices: a study of investment restrictions, bond rating changes and bond market efficiency. Financial Management Association Annual Meeting, Seattle, WA.

Luther, R. (1998). The importance of multiple samples in prediction models. Midwest Finance Association Meetings, Chicago, Illinois.

Personal Interests

Political Awareness and Engagement, Cultural Involvement

Tools & Resources