Darby Joyce
Content Marketing Coordinator
An inspiration to his students and his colleagues. A representative of what the heart of education and the value of applied learning is all about. A professor who has changed the lives of everybody in his classes.
These are just a handful of the ways Kogod finance professor Tim Timura was described last week at a ceremony, where he was installed as the inaugural Nulsen Endowed Professor of Practice. The event was packed with attendees, including Timura’s family, his fellow faculty, Kogod alumni and award namesake Charlie Nulsen, and dozens of his past and present students. By the time Timura took the stage for his inaugural address, the audience had already heard testaments to his impact and commitment from five colleagues, and the mood was celebratory and grateful.
“I can’t be more humbled than I am at this gathering today,” Timura said. “You are all the reason that I’m here.”
An advocate and pioneer in experiential learning, Timura has taught at the collegiate level for thirty-nine years. In his time at Kogod, he has developed and launched over ten courses, including two unique student-run investment funds that enable students to learn investing using a portion of the university’s endowment. Lily Oelschlager, one of Timura’s students and the current managing director of the Real Estate Investment Trust (REIT), introduced Timura at the event, marking the first time in the university's history that a student has spoken at an endowment ceremony. By the time Oelschlager graduates this spring, she will have taken every course that Timura teaches and explained that many of her colleagues also come back for more of his classes—not just because of his knowledge but also because of his unwavering belief in his students.
“We always come back because Tim always believes that we can go higher,” she said.
In keeping with traditions surrounding endowed chair ceremonies, Timura marked his inauguration by giving a lecture. His talk, titled Why? Who? What? delved into his teaching philosophy and the people who inspired it. Citing philosophical influences such as John Dewey, Paulo Freire, and David Kolb, Timura explained that a combination of their teachings and his own experience led him to the core belief that education is a partnership between teacher and student. Though he appreciated being called an academic “rulebreaker” by Nulsen and Kogod dean David Marchick, he said that his departure from educational norms was born out of necessity. Standard curricula, he explained, often fails to take lived experience into account, and his focus on experiential learning takes students out into the world to understand why they need to know the things that they are learning.
I can’t force somebody to learn, but I can show them how what we’re talking about will be made real in their own lives.”
Tim Timura
Nulsen Endowed Professor of Practice, Kogod School of Business
This focus on meaningful, relevant business education drives Timura’s innovation as a professor. In his remarks, Nulsen recalled meeting Timura for the first time alongside Kogod’s finance department chair, Jeff Harris, and finding that the three shared an ambition to change their students’ lives and a disenchantment with the status quo. That conversation eventually led to the development of REIT, which now has over three hundred graduates. In both REIT and the Student-Managed Investment Fund (SMIF), students become full-fledged investment managers working in groups to select, pitch, and monitor investments with real funds and real outcomes. Timura connected the notion of these courses to the philosophy of Paulo Freire, who believed that educators need to teach people about the world they live in and on questions that are important to them. It goes both ways; Timura is committed to teaching students how to apply what they’ve learned in their daily lives, and he also expects them to come to his classes knowing how they want to apply it.
“I tell students that if they don’t know why they’re in my class, they should step out for a moment and figure it out,” he said.
Once the students do know, though, Timura helps them grow. Both Marchick and Oelschlager used their opening remarks to highlight just how much he encourages and inspires his students to keep learning in and out of the classroom; Marchick displayed photos from Timura’s weekend seminars on investing and underwriting, which are always packed with students despite being optional. Instilling that love of learning and the confidence to keep learning are some of Timura’s leading motivations, and he finds that his biggest wins come from students who don’t think they can succeed and believe they can by the end of the semester.
My greatest joy comes from seeing students get the internships, get the jobs, and having them come to me on the last day of class to tell me that they learned something.”
Tim Timura
Nulsen Endowed Professor of Practice, Kogod School of Business
To Timura, making such a profound impact on his students and community is his way of repaying everybody who has made a similar impact on his life. His presentation began with a slide naming many of the people who changed his world, and he said that everything he does to uplift his students and to promote a fairer and more just business world comes back to the people who helped him get here.
“I’ve always asked if I’m blessed or if I’m lucky,” Timura said. “I’ve come to the conclusion that I’m the luckiest person on the planet because I’m blessed by knowing these people.”