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Gordon Ford College of Business Staff

Indudeep Chhachhi, DBA, MBA
Indudeep Chhachhi, DBA, MBA
- Page Endowed Fellow - Finance | Department Chair and Professor - Finance | Director - TVA Investment Challenge
Teaching Area(s)

Investments (Security Selection and Portfolio Management)

Practicum in Portfolio Management


DBA, Finance, Southern Illinois University, 1990

MBA, Finance, Southern Illinois University, 1986

BS, Chemical Engineering, Indian Institute of Technology, 1983

Licenses and Certifications:

Health and Life Insurance License, 2010


As a Professor of Finance for more than three decades and department Chair for more than fifteen years, Dr. Chhachhi has taught numerous courses—both at the undergraduate as well as graduate levels—in the area of Corporate Finance, Investments, and Risk Management. He is passionate about financial literacy and financial well-being and has given numerous presentations on these topics. While many of the presentations have been targeted towards WKU community (Spring Retirement Savings Week, student groups, etc.), others have been delivered to outside groups such as FPA of Kentuckiana and Convergence Decision Summit in Denver and Anaheim. Dr. Chhachhi has published 17 articles in academic journals including The Financial Review, Journal of Financial Education, Journal of Investing, and Financial Management. He has served as the Director of Tennessee Valley Authority’s Investment Challenge Program—whereby students manage a hands-on, real-world portfolio as part of a 25-school competition—since 1999.

Dr. Chhachhi has maintained an ongoing consulting relationship for over fifteen years with ARGI Financial Group—a Louisville based firm that has been recognized as one of the fastest growing financial advisory firms in U.S. In that consulting role he focuses on risk mitigation strategies of investment portfolios and investment selections for 401(k)s and other employer-sponsored plans. He is also responsible for developing advanced, options-based strategies—especially for high net-worth individuals. In other consulting roles, he has worked on comprehensive Feasibility studies for Bowling Green firms as part of their USDA loan applications. Dr. Chhachhi is passionate about K-12 education and has served in numerous roles with the Bowling Green school system’s Parent Teacher Organization and Site Based Decision Making Council. He has appeared on local media outlets, such as WKYU-FM Radio, WBKO TV, and WKYU TV. Dr. Chhachhi has been regularly called on by WKU’s Presidents to serve on Ad Hoc committees and Task Forces and chaired the University’s Budget Council in 2017-2018. He was a member of Kentucky Chamber of Commerce’s Public Pension Task Force that advised the Governor and State Legislature on possible fixes for the severely underfunded state pension system.

Recent Publications

"Using Barbells to Lift Your Risk-Adjusted Returns" (with W.J. Trainor, D. Cupcovic, and C. Brown), Journal of Investment Consulting, 2020, 20(1), 40-47.

"A Portfolio of Leveraged Exchange Traded Funds" (with W.J. Trainor and C. Brown), Financial Services Review, 2020, 28(1), 35-48.

"Leaping Black Swans" (with W.J. Trainor and C. Brown), The Journal of Investing, 2019, 28(1), 64-76.

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 Last Modified 3/29/22