Keith Brown and Keith Brown are outstanding finance professors and Fayyad Salofim researchers at the McCombs School of Business at the University of Texas. He holds a bachelor's degree in economics from San Diego State University, and is also a member of Fitoffee Honorary Society, American Honorary Society and International Honorary Society of Economics. He received his master's and doctor's degrees in financial economics from Purdue University's Crandall Graduate School of Management. Since 198 1 graduated, he has taught undergraduate, MBA and doctoral courses such as investment management, portfolio and securities analysis, capital market and derivative securities, and won many awards for his teaching innovation and outstanding performance, including being elected as a member of the honorary Committee of outstanding teachers in colleges and universities. In addition to teaching, he is also the chairman and chief operating officer of MBA Investment Fund Limited, an investment company established by private funds and run by graduate students from the University of Texas.

From asset pricing and investment strategy to financial risk management, Professor Brown has published more than 40 articles, monographs, chapters and papers in these fields. His works are published in Finance, Financial Economics, Financial Research Review, Finance and Quantitative Analysis, Economic and Statistical Review, Financial Analyst, Financial Management, Investment Management, Frontier of Futures and Options Research, Fixed Income, Applied Corporate Finance, etc. In addition to Investment Analysis and Portfolio Management (9th Edition), he co-authored the Guide to Interest Rate and Currency Exchange, which was published by the Investment Management and Research Association at 1995. In 1990, he won the Graham and Dodd Award from Financial Analysts Association for his best paper published in Financial Analysts magazine, and in 1996, he won the Smith-Breeden Award from Finance magazine.

In August, 1988, Professor Brown was awarded CFA by the Chartered Institute of Financial Analysts. He has served in the compulsory course committee and education committee of AIMR Chartered Financial Analysts, and is a member of CFA exam rating agency. He also served as the director of the research fund and research department of ICFA for five years, making great contributions to the development of the research department of the world education group of the organization. He used to be the assistant editor of Financial Analyst, and now he is the assistant editor of Investment Management and Financial Behavior. In other professional services, Professor Brown is also the regional director of the Financial Management Association and the honorary chairman of the applied research of the organization's annual meeting.