DePaul University’s Department of Finance will sponsor two free public events this spring that explore risk management and integrity in finance.

On April 22, DePaul’s Arditti Center for Risk Management will host a seminar, “Short- Term Risk from Long-Term Models,” from 4 to 5:30 p.m. in Room 8005 of the DePaul Center. The speaker will be Dan diBartolomeo, president and founder of Northfield Information Services Inc., a Boston-based firm that develops financial market quantitative models used by the money management industry to identify, measure and control risk. In the context of growing algorithmic trading, derivative usage and highly leveraged hedge funds, diBartolomeo will discuss the asset management community’s need for risk models that have shorter time horizons—even just a single day.

On May 8, Michael C. Jensen, the Jesse Isidor Straus Professor of Business Administration, Emeritus, at Harvard University’s Graduate School of Business Administration, will present a talk on integrity. Jensen’s address, followed by a question and answer session, begins at 1:15 p.m. in Room 8005 of the DePaul Center. Ray Whittington, dean of the Kellstadt Graduate School of Business, and Keith Howe, William M. Scholl Professor of Finance at DePaul, will co-host the event.

Jensen will discuss research he conducted with Werner H. Erhard and Steve Zaffron that found when individuals or organizations act with integrity by doing what they say they would do, it builds trust, and the greater the trust, the greater the opportunity for high performance. His forthcoming book on integrity, “CEO Pay and What to Do About It: Restoring Integrity to Both Executive Compensation and Capital-Market Relations,” co-authored with Kevin Murphy and Eric Wruck, will be published by Harvard Business School Press in 2009.

Jensen has written or edited four books, founded the Journal of Financial Economics and has authored more than 90 scientific papers, in addition to articles, comments and editorials published in the popular media on a wide range of economic, finance and business-related topics. He has won numerous awards for his influential research aimed at obtaining a clearer understanding of how the organizational rules of the game affect a manager’s ability to accomplish goals and how the rules can be structured to resolve problems and increase productivity.

Jensen joined Harvard’s faculty in 1985 and founded the business school’s organizations and markets unit. He became an emeritus professor in 2000 when he joined The Monitor Co. consulting firm where he is a senior advisor. Jensen earned his doctoral degree in economics, finance and accounting and his MBA in finance from the University of Chicago, and a bachelor’s degree in business from Macalester College, St. Paul, Minn.

For more information about the events, contact DePaul’s finance department at (312) 362-8826.

Editors’ Note: Journalists interested in attending either event should contact Robin Florzak, DePaul Media Relations, at 312/362-8592 or rflozrak@depaul.edu.