Faculty Profiles

Joel Shulman

  • Professor
Academic Division: Entrepreneurship
781-239-4446

Bio

Dr. Shulman is also a Chartered Financial Analyst, with a Certified Management Accountant and Certified Cash Manager designations. He previously ran the Shulman CFA Review Program which provided training for over 12,000 investment professionals throughout the world. He is author or coauthor of numerous academic articles and books and has consulted for many small entrepreneurial firms and large corporations. He was previously a consultant for the World Bank, assisting with the development of capital markets in Central Asia and republics of the former Soviet Union. He is the founder of EntrepreneurShares that manages professional funds (entrepreneurial firms in publicly traded equities) in mutual funds, ETF, hedge fund, and separately managed account (SMA) structures.

Academic Degrees

  • MPA, Kennedy School of Government, Harvard University
  • Ph D, Michigan State University
  • MBA, Michigan State University
  • BA, Michigan State University

Academic Interests

Entrepreneurship, finance, public equities, global capital markets

Awards & Honors

  • 2018 — Entrepreneur US Large Cap ETF (NYSE Ticker: ENTR), Wall Street Journal #2 Ranking YTD, out of 810 Funds
  • 2018 — Entrepreneur US Small Cap Mutual Fund, Barron's Ranking Second Quarter #9 out of 26,967 Investment Strategies
  • 2018 — Entrepreneur US Large Cap ETF (NYSE Ticker: ENTR), Wall Street Journal #2 Ranking YTD, out of 810 Funds)
  • 2018 — Hidden Gem Conference - Awarded Presentation at international conference , Hidden Gem Conference
  • 2018 — Entrepreneur US Large Cap ETF (NYSE Ticker: ENTR), Wall Street Journal #2 Ranking YTD, out of 810 funds
  • 2018 — Entrepreneur US Large Cap ETF (NYSE Ticker: ENTR), Wall Street Journal #1 Ranking YTD, out of 810 Funds
  • 2018 — Entrepreneur US Large Cap ETF (NYSE Ticker: ENTR), Wall Street Journal #1 Ranking YTD, out of 810 funds
  • 2017 — Closing Bell on New York Stock Exchange , NYSE
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Courses

  • Degree Courses 2019

    • EPS 7518 BOS GREAT ENTREPRENEURIAL WEALTH
    • EPS 3505 GREAT EPS WEALTH:CREATION PRSV DEST
    • EPS 4530 LIVING THE EPS EXPERIENCE (GENERAL FOCUS
  • Degree Courses 2018

    • EPS 3505 BOS GREAT EPS WEALTH:CREATION PRSV DEST
    • EPS 4530 LIVING THE EPS EXPERIENCE (GENERAL FOCUS
    • EPS 7518 BOS GREAT ENTREPRENEURIAL WEALTH
    • EPS 3505 GREAT EPS WEALTH:CREATION PRSV DEST

Publications

Journal Articles

  • Shulman, J. (2017). Leadership Matters: Crafting a Smart Beta Portfolio with a Founder-CEO Twist. Journal of Index Investing, The. Vol: 8, Issue: 3, Page: pp. 51-73. Joel Shulman. link
  • Shulman, J. (2015). The Ephemeral Life of an Emerging Fund Manager. Journal of Investing, The. Vol: 24, Issue: 4, Page: 102-115. Institutional Investor, Inc..
  • Shulman, ., Stone, S. (2014). Large Cap Entrepreneurial Companies: Can Investors Generate Alpha. Journal of International Finance Studies. Vol: 12, Issue: 3, Page: 6. International Academy of Business ad Economics. link
  • Shulman, J.M., Cox, R.A. (2012). Emerging Market Entrepreneur Stock Performance. Journal of International Finance Studies. Vol: 12, Issue: 1, Page: 29-36. International Academy of Business and Economics. link
  • Shulman, J.M. (2012). Entrepreneurs with Benefits: Stock Appreciation Plus High Dividend Yields. Journal of Academy of Business and Economics. Vol: 12, Issue: 4, Page: 144-149. International Academy of Business and Economics. link
  • Shulman, J.M., Cox, R.A. (2012). The Investment Returns of International Entrepreneurs. Journal of International Management Studies. Vol: 12, Issue: 3, Page: 100-107. International Academy of Business and Economics. link
  • Shulman, J.M., Noyes, E.A. (2012). The Rich Get Richer and So Can You: Investing in a Billionaires’ Index. Journal of Index Investing, The. Vol: 2, Issue: 4, Page: 12-32. Institutional Investor, Inc.. link
  • Shulman, J.M., George, B.A. (2012). Growing Jobs and Getting Returns: Impact Investing Through Entrepreneurs. Journal of Global Business Management. Vol: 8, Issue: 1, Page: 123-132. Kai Wang and P.Y. Gloria Wang. link
  • Shulman, J.M. (2011). Are Entrepreneur-Led Companies Better? Evidence from Publicly Traded US Companies: 1998-2010. Journal of Risk and Financial Management. Vol: 3, Page: 118-138.
  • Shulman, J.M. (2010). A New Investment Style Featuring an Index of Entrepreneurial Companies. Journal of Index Investing. Vol: 1, Issue: 2, Page: 107-115.
  • Shulman, J.M., Cox, R.A. (2010). Founding Family Controlled Firms' Equity performance: the Information Technology Industry 1994-2008. The Journal of International Business Research. Vol: 10, Issue: 5, Page: 134-140.
  • Zahra, S.A., Gedajlovic, E., Neubaum, D.O., Shulman, J.M. (2009). A typology of social entrepreneurs: Motives, search processes and ethical challenges. Journal of Business Venturing. Vol: 24, Issue: 5, Page: 519-532.
  • Shulman, J.M. (2009). Investing in Troubled Times: Entrepreneurs are Your Safest Bet. The Investment Professional. Vol: 2, Issue: 4, Page: 68-77.
  • Cox, R.A., Shulman, J.M. (2009). The Performance of Founder-Controlled Publicly Traded Real Estate Companies in Bull and Bear Markets. Indian Journal of Economics and Business. Vol: 8, Page: 1-7.
  • Cox, R., Shulman, J.M. (2008). The Stock Performance of Founder-CEO Firms. Indian Journal of Economics and Business. Vol: 7, Page: 143-151.

Book Chapters

  • Shulman, J.M. (2009). Debt and Other Sources of Financing: The Portable MBA in Entrepreneurship. Issue: 4th, Page: 197-224. Wiley.

Conference Proceedings

  • Shulman, J.M., Cox, R.A., Stallkamp, T.T. (2009). Organic Versus Acquired Growth: A Research Note: Business Research Yearbook. Vol: 16, Page: 318-325. International Academy of Business Disciplines .
  • Cox, R.A., Shulman, J.M. (2009). Stock Performance of Entrepreneurial Companies: Academy of Business Administration Readings Book.

Other

  • Shulman, J. (2018). Entrepreneur 50 Non-US Small Cap Index (ERSX_50): Entrepreneur Non-US Small Cap Index (ERSX_50). Thomson Reuters. link
  • Shulman, J.M. (2018). Entrepreneur Non US Small Cap ETF (NYSE Ticker: ERSX): Entrepreneur Non-US Small Cap ETF (NYSE Ticker: ERSX). New York Stock Exchange (NYSE).
  • Shulman, J. (2017). Entrepreneur 30 Index: Entrepreneur 30 Index (Ticker: ENTR_30). Thompson Reuters.
  • Shulman, J.M. (2017). Entrepreneur US Large Cap ETF (NYSE Ticker: ENTR): Entrepreneur US Large Cap ETF (NYSE Ticker: ENTR). New York Stock Exchange (NYSE).
  • Shulman, J.M. (in press). Founder CEO Index: Founder-CEO Index_6_05_through_Present. Thomson Reuters/Bloomberg. link
  • Shulman, J.M. (in press). Asleep at the Switch? Ailing Billionaire Creates Massive Opportunity for Insiders. Forbes.
  • Shulman, J.M. (2010). EntrepreneurShares Global Fund: SEC Registered Prospectus. Page: 1-20.

Presentations

  • ESG Investing Shulman, J. IMI HealthCare Conference , Atlanta, Georgia (2018)
  • Entrepreneurs and ESG Benefits Shulman, J. IMI Pension Funds and OCIO Conference , Stamford, Connecticut (2018)
  • Publicly Traded Entrepreneurial Companies and Job Growth Shulman, J. Hidden Gems Conference , New York City (2018)
  • Entrepreneurship in Finance Technology Shulman, J. Babson Connect NYC 2018, Princeton Club (2018)
  • Entrepreneur as a New Investment Factor Shulman, J. EntrepreneurShares Entrepreneur 30 ETF Launch, NYSE, NY, NY (2017)
  • Founder-CEO Index Shark Tank Shulman, J. ETF Boot Camp, NYC, NY (2016)
  • Large Cap Entrepreneurial Companies: Can Investors Generate Alpha Shulman, J. Stone, S. International Academy of Business and Economics Fall Conference 2014, Las Vegas, NV (2014)
  • Entrepreneurs with Benefits: Stock Appreciation Plus High Dividend Yields Shulman, J. International Academy of Business and Economics Fall Conference 2014, Las Vegas, NV (2012)
  • The Investment Returns of International Entrepreneurs Shulman, J. Cox, R. International Academy of Business and Economics Fall Conference 2014, Las Vegas, NV (2012)
  • The Investment Returns of International Entrepreneurs Shulman, J. Cox, R. International Academy of Business Disciplines Meeting, Long Beach, CA (2012)
  • Growing Jobs and getting Returns: Impact Investing through Entrepreneurs Shulman, J. George, B. Global Business & International Management Winter Conference, Orlando, FL (2012)
  • Emerging Market Entrepreneur Stock Performance Shulman, J. International Academy of Business and Economics, Las Vegas, NV (2011)
  • Are Canadian Entrepreneur-Led Companies Better? Shulman, J. Cox, R. International Academy of Business Economics, Barcelona, Spain (2011)
  • Entrepreneurs: Agents of Change in South and South east asia Shulman, J. Harvard Project for Asian and International Relations (HPAIR), Cambridge, MA (2011)
  • Dedication of Samih Darwazah Center of Entrepreneurship Shulman, J. , American University of Beirut (2011)
  • Opportunities and Challeneges of Entrepreneurial Growth Shulman, J. 8th Innovation and Entrepreneurship Conference, Bogazici University, Istanbul (2010)
  • Founding Family Controlled Firms' Equity Performance: The Information Technology Industry 1994-2008 Shulman, J. International Academy of Business and Economics, Las Vegas, NV (2010)
  • Do Real Estate Investment Trust Founders Perform Better? Shulman, J. IABE-2010 Bangkok Summer Conference, Bangkok, Thailand (2010)
  • Closing the Early Stage Funding Gap—US and Russian Perspectives Shulman, J. US-Russia Technology Conference: Business Opportunities, Boston, MA (2009)
  • Investing in Troubled Times: Bet on Entrepreneurs Shulman, J. , Chicago, IL (2009)
  • Organic versus Acquired Growth; A Research Note Shulman, J. Cox, R. Stallkamp, T. International Academy of Business Disciplines Meeting, St. Louis, MO (2009)
  • The Performance of Founder-Controlled Publicly Traded Real Estate Companies in Bull and Bear Markets Cox, R. Shulman, J. Applied Business and Entrepreneurial Association International Meeting, Kauai, Hawaii (2008)
  • Organic versus Acquired Growth: A Research Note Cox, R. Ceru, D. Shulman, J. Stallkamp, T. Academy of Entrepreneurship Finance Meeting, Las Vegas, Nevada (2008)
  • Do Real Estate Founders Perform Better? Evidence From the Public Markets Cox, R. Shulman, J. American Real Estate Society Meeting, Captiva Island, Florida (2008)
  • The Strategic Entrepreneurial Growth Model Cox, R. Shulman, J. International Academy of Business Discipline Meeting, Houston, Texas (2008)
  • The Stock Performance of Founder-CEO Firms Cox, R. Shulman, J. Applied Business and Entrepreneurship Association International Meeting, Maui, Hawaii (2007)
  • Stock Performance of Entrepreneurial Companies Cox, R. Shulman, J. Academy of Business Administration International Conference, Florence, Italy (2007)
  • Social Entrepreneurship: Domain, Contributions and Ethical Dilemmas Gedajlovic, E. Neubaum, D. Shulman, J. Zahra, S. Journal of Business Venturing Conference on Ethics and Entrepreneurship, University of Minnesota (2006)
  • Mining Gold in Founder-Based Publicly-Held Firms Shulman, J. Stallkamp, T. Babson Kauffman Entrepreneurship Research Conference, Babson College (2005)
  • Return on Nothing Stallkamp, T. Shulman, J. Babson Kauffman Entrepreneurship Research Conference, Glasgow, Scotland (2004)
  • Getting Bigger by Growing Smaller Shulman, J. , Caracus, Venezuela (2004)
  • Rangan, U. Shulman, J. Price-Babson Entrepreneurship Conference, Babson Park, MA (2000)
  • Rangan, U. Shulman, J. Streeter, F. Price-Babson Entrepreneurship Conference, Charleston, South Carolina (1999)
  • Growing Bigger by Getting Smaller: The use of Strategic Entrepreneurial Units in Large Firms Rangan, U. Shulman, J. Streeter, F. Price-Babson Entrepreneurship Conference, Ghent, Belgium (1998)
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