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Allardice rejoins Lawrence Tech faculty

Release Date: September 30, 2009

Southfield, Mich. - David Allardice, former Detroit branch manager of the Federal Reserve Bank of Chicago, has been named a professor at Lawrence Technological University. He teaches financial management in the College of Management.

From 2002 to 2006, Allardice was chair of the doctor of business administration program at Lawrence Tech where he taught courses in finance, economics and entrepreneurship. More recently, he was director of doctoral programs at Walsh College.

For many years he has collected, analyzed and edited the monthly Detroit Metropolitan Area Purchasing Managers Report for the National Association of Purchasing Managers. As a consultant, he prepared a report on the economic impact of the Super Bowl on the Detroit economy.

Allardice joined the Federal Reserve Bank of Chicago in 1974 as a staff economist and later served as vice president and assistant director of research. From 1995 to 2001 he was senior vice president and branch manager for the Detroit branch. During that time he supervised a staff of 325 and obtained approval for the construction of the new branch facility.

He earned his PhD in economics from Colorado State University.

Lawrence Technological University, ltu.edu, offers nearly 100 undergraduate, master's and doctoral degree programs in Colleges of Architecture and Design, Arts and Sciences, Engineering and Management. Founded in 1932, the 4,500-student, private university pioneered evening classes and today has a growing number of weekend and online programs. Lawrence Tech's 102-acre campus is in Southfield, and programs are also offered in Detroit, Lansing, Petoskey and Traverse City. Lawrence Tech also offers programs with partner universities in Canada, Mexico, Europe, the Middle East and Asia.