Monica Bray, Ph.D.

Adjunct Professor

In addition to being an adjunct professor at the MIIS, Monica Bray is currently a financial consultant to organizations and individuals around the globe and the Director of Finance & Policy at the National Laboratory for Education Transformation.  Previously, she had an extensive career in financial services and wealth management, working with some of the most respected financial institutions in the US and as an independent entrepreneur.


Dr. Bray was the Director of the Master of Public Policy Program at California State University Monterey Bay, which was administrated in collaboration with the Panetta Institute for Public Policy, from 2008-2012. She was also an Assistant Professor of Economics and Research Methods at CSUMB from 2006-2012.


Economics, Finance, Strategy, Wealth Management


M.A., Economics, University of Southern California
Ph.D., Political Economy & Public Policy , University of Southern California

Course List

Courses offered in the past four years.
indicates offered in the current term
indicates offered in the upcoming term[s]

IMGT 8538 - Finance Fundamentals Non-MBAs      

This course covers the foundations of finance with applications in corporate finance. It discusses many of the major financial decisions made by managers and investors, emphasizing the process of valuation and capital budgeting. Topics include an introduction to corporate finance, financial statements, cash flow, financial models, valuation, capital budgeting, risk, and return.

Fall 2011 - MIIS, Fall 2012 - MIIS

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IMGT 8623 - Money, Banking & Intl Finance      

This course is designed to introduce the theory and operation of the financial systems. Particular emphasis will be given to the operation of the financial system. Topics to be covered include the structure and operation of the Federal Reserve System (FRS), the functions and impact of non-bank financial institutions, the ongoing and significant institutional modifications occurring in the US and the global financial system, some basics of monetary and aggregate economic theory, and the conduct of monetary policy. The course assists students in understanding the relationships between economic variables, (prices, money stocks, output, and employment), and institutional entities, (Central Banks, Commercial Banks, Non-Bank Financial intermediaries, the Treasury, the FED, and the IMF, ECB). In addition, students will develop a set of tools for analyzing and evaluating changes in these economic and institutional variables. This course will prepare students for further study in international finance and banking.

Fall 2012 - MIIS

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