Directory

Directory

Ernest Fletcher, Jr.

Clinical Associate Professor - Finance, Insurance & Real Estate

Contact Information

Email:  Ernest_Fletcher@baylor.edu
Campus Phone:  (254) 710-7481
Fax:  (254) 710-1092
Mailing Address:  One Bear Place #98004
Waco, TX  76706
Office Location:  Foster Business and Innovation¬†320.47

Office Hours

By appointment

Work Experience

  • Associate Clinical Professor, Baylor University (August 21, 2017 - Present)
  • Treasurer, Community Loan Center of the Heart of Texas (December 13, 2016 - December 31, 2018)
  • Board Member, Heart of Texas Goodwill Industries, Inc. (August 26, 2016 - August 1, 2017)
  • Board Member, Community Loan Center of the Heart of Texas (July 26, 2016 - December 31, 2018)
  • Finance and Audit Committee, Heart of Texas Goodwill Industries, Inc. (January 28, 2016 - August 1, 2017)
  • Senior Lecturer, Baylor University (August 24, 2009 - August 20, 2017)
  • Managing Member, Caelum Altus I, LLC - Temple, Texas (August 2008 - Present)
  • Lecturer, Baylor University (June 1, 2002 - August 23, 2009)
  • Senior Vice President, First Community Data Processing Services, Inc. - Killeen, Texas (July 1998 - October 2001)
  • President, Financial Management Services, Inc. (May 1996 - Present)
  • Owner, Fletcher Enterprises - Temple, Texas (February 1995 - Present)
  • Change Manager, Treasury Product Services, NationsBanc Services, Inc. - Dallas, Texas (Subsidiary of NationsBank, N.A.) (March 1993 - February 1995)
  • Principal, Southwest Financial Services - Temple Texas (January 1990 - March 1993)
  • Senior Vice President, First Interstate Bank of Texas, N.A. - Dallas, Texas (Successor to Allied Bank of Texas) (May 1983 - June 1989)
  • Vice President, Allied Bank of Texas - Houston, Texas (March 1982 - May 1983)
  • Assistant Vice President, Allied Bank of Texas - Houston, Texas (May 1981 - March 1982)
  • Senior Bank Examiner, Texas Department of Banking - Dallas, Texas (July 1980 - May 1981)
  • Bank Examiner, Texas Department of Banking - Corpus Christi, Texas (January 1978 - July 1980)
  • Assistant Bank Examiner, Texas Department of Banking - Dallas, Texas (October 1975 - January 1978)

Awards and Honors

  • Circle of Achievement Award, Mortar Board (2012)
  • Circle of Achievement Award, Mortar Board (2009)
  • Outstanding Professor Award, Baylor Student Athletes (2008)
  • Beta Gamma Sigma National Honor Society
  • Financial Management Association International Honor Society

Licensures and Certifications

  • Registered Financial Consultant - Ethics Approved, International Association of Registered Financial Consultants (January 1, 2021 - December 31, 2021)
  • Registered Financial Consultant, International Association of Registered Financial Consultants (March 31, 2010 - Present)

Professional Memberships

  • Risk Management Association, North Texas Region (October 2016 - Present)
  • International Association of Registered Financial Consultants (March 31, 2010 - Present)
  • Financial Management Association International (December 1999 - Present)

Publications

Basic or Discovery Scholarship

"Whitley Manufacturing Company: A Commercial Credit Case Study Using UCA Cash Flow Analysis," Journal of Finance Case Research, Vol. 19, No. 2, (December 2021), pp. 25-35 (coauthors: JT Rose).

Teaching and Learning Scholarship

"Digging Deeper into UCA Cash Flow Analysis: Sustainable versus Unsustainable Operating Cash Flows," The RMA Journal, Vol. 103, No. 2, (October 2020), pp. 42-55 (coauthors: John T. Rose).

"Sustainable versus Unsustainable Operating Cash Flows in UCA Cash Flow Analysis," Advances in Financial Education, (Summer 2019), pp. 24-51 (coauthors: John T. Rose).

"A Note on Using UCA Cash Flow Analysis to Discern the Purpose(s) of a Firm's Short-Term Borrowing," Journal of Accounting and Finance, Vol. 19, No. 1, (2019), pp. 32-38 (coauthors: John T. Rose).

Basic or Discovery Scholarship

"Estimating Temporary and Permanent Working Capital to Discern a Firm's Asset Financing Strategy," Journal of Accounting and Finance, Vol. 18, No. 6, (2018), pp. 94-104 (coauthors: John T. Rose, Charles W. Mulford).

"Do Students Respond to Their Grades? Evidence From Introductory Finance," Journal Of Economic Insight, Vol. 44, No. 2, (2018), pp. 1-20 (coauthors: Finley Edwards, Chuck North).

Teaching and Learning Scholarship

"Cash Flow Statements for Commercial Credit Analysis: UCA vs. FASB 95," Advances in Financial Education, (Winter 2017), pp. 89-107 (coauthors: Rex Beach, John T. Rose).

"Introduction to Corporate Finance, 3rd Edition," : Cengage Learning, August 2015 (coauthors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao).

Basic or Discovery Scholarship

"McCall Oil Incorporated: Cash Flow vs. Free Cash Flow Analysis," Journal of Financial Education, Vol. 33, (Summer 2007), pp. 81-101 (coauthors: James M. Tipton).

Applied or Integration/Application Scholarship

"What Recent College Graduates Should Know About Personal Budgeting," (April 2007).

Presentations and Proceedings

Border Title