Dr. Eli Sherrill
Associate Professor
Finance, Insurance and Law
Office
SFHB State Farm Hall of Business
Office Hours
Fall 2025 Office Hours: Wed. 11:00 a.m.-12:15 p.m. and 3:20-3:45 p.m., and by appointment
Office Phone
Email
- About
- Education
- Awards & Honors
- Research
Biography
Dr. Sherrill joined the faculty at ISU in 2014. He teaches classes in finance, specifically in investments and financial markets. He is also a co-advisor for Illinois State Students in Finance which aims to prepare students for careers in finance and better understand different finance career options.
Current Courses
FIL 241.003 Financial Markets
FIL 241.004 Financial Markets
FIL 242.006 Investments
Teaching Interests & Areas
Finance
Investments
Financial Markets
Risk Management & Insurance
Research Interests & Areas
Exchange-traded funds
Mutual funds
Target-date funds
College savings funds (529's)
Municipal bonds
Institutional ownership
PhD Finance
University of Alabama
Tuscaloosa, AL
MS Finance
University of Alabama
Tuscaloosa, AL
BS Finance
Berry College
Mount Berry, GA
Gary R. Gemberling Faculty Scholar in Business
COB
2026
Manahan Family Award for Teaching Excellence in Business
ISU
2024
Beta Gamma Sigma Professor of the Year
Beta Gamma Sigma
2024
FIL Department Outstanding Service Award
ISU
2024
FIL Department Outstanding Teaching Award
ISU
2023
Wilma Jean Alexander Technology Innovation Faculty Award
2022
FIL Department Outstanding Researcher Award
ISU
2019
Dixie L. Mills Faculty Scholar in Finance
ISU
2018
Manahan Family Award for Teaching Excellence in Business
ISU
2018
FIL Department Outstanding Researcher Award
ISU
2017
Grants & Contracts
Department of Finance, Insurance, & Law Summer Research Grant. Department of Finance, Insurance, & Law. Illinois State University. (2023)
Department of Finance, Insurance, & Law Summer Research Grant. Department of Finance, Insurance, & Law. Illinois State University. (2021)
Presentations
Active Targets: An Examination of Target Date Funds' Costs and Performance Related to Active Management. Southern Finance Association. (2024)
Active Targets: An Examination of Target Date Funds' Costs and Performance Related to Active Management. Financial Management Association. (2024)
Active Targets: An Examination of Target Date Funds' Costs and Performance Related to Active Management. Illinois State University. (2024)
Active Targets: An Examination of Target Date Funds' Costs and Performance Related to Active Management. Northern Illinois University. (2024)
Reality Fair Analysis and Comparison - Spring and Fall 2024. ItsMyCreditUnion. (2024)
Side-by-Side Management of Mutual Funds and Actively Managed Exchange Traded Funds. Financial Management Association Meeting. (2019)
ETF use among actively managed mutual fund portfolios. Southern Finance Association Annual Meeting. (2018)
Foreign focused mutual funds and exchange traded funds: Do they improve portfolio management?. Southern Finance Association Annual Meeting. (2018)
Foreign focused mutual funds and exchange traded funds: Do they improve portfolio management?. Eastern Finance Association. (2018)
Side-by-Side Management of Mutual Funds and Actively Managed Exchange Traded Funds. Southern Finance Association Annual Meeting. Southern Finance Association. (2018)
Actively Managed ETFs versus Actively Managed Mutual Funds. Southern Finance Association Annual Meeting. (2017)
Actively managed mutual funds holding passive investments: What do ETF positions tell us about mutual fund ability?. Eastern Finance Association. (2017)
ETF use among actively managed mutual fund portfolios. Financial Management Association Meeting. (2017)
Foreign focused mutual funds and exchange traded funds: Do they improve portfolio management?. Financial Management Association Meeting. (2017)
Actively managed mutual funds holding passive investments: What do ETF positions tell us about mutual fund ability?. Financial Management Association Meeting. (2016)
Actively managed mutual funds holding passive investments: What do ETF positions tell us about mutual fund ability?. Midwest Finance Association Annual Meeting. (2016)
ETF Return Predictability. Financial Management Association Meeting. (2015)
The Impact of Basket Trading on Stock Return Comovement and Stock Price Informativeness. Financial Management Association Meeting. (2014)
The Impact of Basket Trading on Stock Return Comovement and Stock Price Informativeness. Midwest Finance Association Annual Meeting. (2014)
ETF Liquidation Determinants. Financial Management Association Meeting. (2013)
Municipal Disclosure Timeliness and the Cost of Debt. Southern Finance Association Annual Meeting. (2012)
Municipal Disclosure Timeliness and the Cost of Debt. Financial Management Association Meeting. (2012)