May 10, 2024

Shawnee State University has announced the 2024 Faculty Awards. As part of this year’s presentation, the recipient of the Faculty Research Award is Dr. Seongcheol Paeng. An Assistant Professor of Finance, Dr. Paeng has been with the university’s C.H. Lute School of Business since 2022.

Dr. Seongcheol Paeng posing with award
Shawnee State University President Eric Andrew Braun (right) and Provost Sunil Ahuja (left) present the Faculty Research Award to Dr. Seongcheol Paeng (center).

“Dr. Paeng understands that research and teaching support each other,” said SSU Provost Sunil Ahuja while presenting the award.

Dr. Paeng earned his Bachelor in Architectural Engineering from Korea University in Seoul, Korea in 2006 before earning his master’s degree in Political Science & International Relations from the same institution in 2013. He went on to earn his Ph.D. in Economics from Claremont Graduate University in Claremont, California in 2021.

“I am dedicated to contributing not only to our society but also to Shawnee State University as a professor,” said Dr. Paeng. “I am committed to continuing my research endeavors, with the hope that my work may one day contribute to positive change on a global scale, as many scholars have done in the past.”

In his two years at the university, Dr. Paeng has already published three papers - one of which was published in the Quarterly Review of Economics and Finance –  and has been invited to present at several conferences. His research primarily focuses on economic inequality, retirement finance, and cryptocurrency and financial markets. Each issue, Dr. Paeng feels contributes to societal issues that lead to instability and divisions for different populations. He is hoping his continued research can shed a light on the problems as well as solutions that will better equip people to handle their individual situations.

“Dr. Paeng’s continued research informs his revisions to the finance curriculum as well as the courses he teaches in the MBA program,” said SSU C.H. Lute School of Business Director Dr. Steven Rader in his nomination letter for Dr. Paeng. “His research agenda raises the profile of the School of Business while adding rigor to its curriculum, and has brought significant value to the School.”

The Faculty Research Award which recognizes outstanding research from full-time tenured eligible faculty members, dedicated to research promoting involvement with students, contribution to research within the institution, community, and profession, and support from the campus community.