Natalia Ermasova, Ph.D.

  Assistant Professor
  708-534-4978 ext. 4978
  Office Location: Room C3340
  
  College: CAS
  Public Administration
  

Teaching
The most exciting part of my position at GSU is the opportunity to use an individual teaching approach to each student in class. I always strive to make the classroom experience one in which students feel rewarded as members of the class and appreciate the changes that occur through this process both within the confines of the classroom walls and just as important, outside those walls. I use a lot of business dimulation games, cases, public administration simulation games and logrolling situations in my classes. I teach Public Finance, Seminar in Budgeting, Public Policy and Finance, and Economic Analysis in Public Administration.

My primary research interests are public finance, risk-management, innovation management, and the state capital budgeting. Before starting my work in the USA, I worked as a Professor of Finance in the Volga Region Academy for Civil Services in Russia for 12 years, and as Professor of Saratov State University for 2 years. I am a Ph.D. of Public Affairs (Indiana University, USA), Ph.D. of Economics (Russia), Ph.D. of Investment Management (Russia).

Academic positions

Assistant Professor
College of Art and Science
MPA Program Department of Humanities and Social Science
August 2015- Present
Governors State University
IL, USA

Assistant Professor
College of Business and Public Administration
Department of Marketing, Management and Public Administration
January 2013- July 2015
Governors State University

Instructor 
College of Business and Public Administration
August 2012- January 2013
Governors State University

Teaching Assistant
School of Public and Environmental Affairs
January 2009- August 2012
Indiana University, IN, USA

Visiting Professor                               
Ludwigsburg University of Applied Sciences–Public Administration and Finance
June 2008 -July 2008
Hochschule für öffentliche Verwaltung und Finanzen
Ludwigsburg, Germany

Fulbright Visiting Professor
School of Public and Environmental Affairs
January, 2006 – April, 2006
Indiana University, IN, USA

Full Professor
Finance Department Saratov State University
September, 2007 – August 2010
Russia

Full Professor 
College of Business                                                               
Department of management and marketing
September 2004 – September 2007
Saratov State Technical University

Associate Professor
Department of Finance and Taxation of Civil Services
August 1996 – September 2004
Volga river regional Academy

Education

  • Ph.D of Public Affairs (Public Finance, Public Administration), School of Public and Environmental Affairs, Indiana University, 2012
  • Ph.D of Innovation Management, Saratov State Technical University, 2005
  • Ph.D of Economics, Saratov State University, 1995
  • B.S. Economics, Saratov State University, 1992

Research Interests

Primary research interest in the areas of government budgeting and finance, taxation, state and local public finance, the public finances of transition economies, capital budgeting on state and federal level, financing of innovation, worldwide trends in fiscal decentralization, risk-management of innovation risks, intergovernmental fiscal relations and local financial management

Teaching Experience

Public Policy and Finance (Doctoral course), Government Financial Administration, Economic Foundations of Public Service, Public Finance, Seminar in Budgeting, Nonprofit Financial Administration, Financial Management, Public Policy and Finance, Insurance, Economic Analysis in Public Administration, Navigating the Nonprofit Organization in a Global Society.

Language skills

English – fluent, Russian – native speaker, German – fluent reading and translating

Publications

Refereed Journal Articles:
Ermasova,N., Nguyen L., Clark, D., Ermasov S.( forthcoming, 2017) ‘Management skills of Russian working adults’, International Journal of Business and Globalisation, Forthcoming

Ermasova, N., Nguyen, L.D., and Bruce, M. (forthcoming, 2017). Does gender make a difference in leadership and stress orientations? An empirical study of German and Russian working adults. International Journal of Strategic Changes. Forthcoming

Ermasova, N., Ijose, O. and Ermasov, S. (forthcoming, 2017) Regional patent activity in Russia: does level of risks make a difference? Competitiveness Review. Forthcoming

Ermasova, N., Nguyen, L.D., and Bruce, M. (2017). Leadership and overload stress orientations of German and Russian working adults: Does government work experience make a difference? Public Organization Review. 17(1):39-59.

Ermasova, N., Wagner, S., and Nguyen L. (2017) Ethics-Related Organizational Interventions and Personal Business Ethics in Russia, Journal of Management Development.  36 (3),  1-17.

Ermasova,N., Nguyen L., Clark, D., Ermasov S.(2017) The Management Skills of Russians: Do Work, Management, and Government Experiences Matter? Public Organization Review. https://www.springerprofessional.de/en/the-management-skills-of-russians-do-work-management-and-governm/12036744.
Ermasova, N. (2016) The Impact of Risks on Regional Patent Activity in Russia, Problems of Economic Transition, 58:5, 377-399

 Kulik, J., Ermasova, N. (2016). Tax Expenditure Limitations (TELs) and State Expenditure Structure in the USA. Public Organization Review. DOI 10.1007/s11115-016-0361-3
Ermasova, N., and John Mikesell. (2016) Fiscal disparity and equalization in the Russian Federation. Post-Communist economies. 28:1, 1-15

Nguyen, L.D., Ermasova, N., Pham, L.N.T., and Mujtaba, B.G. (2016). Cross-Cultural Management: An Examination of Task, Relationship and Work Overload Stress Orientations of Russians and Vietnamese. World Review of Business Research. 6: 1: 63 – 80

Nguyen, L.D., Ermasova, N., and Ermasov, S. (2016). Business ethics perceptions of Russian working adults: Do age, gender, education, work experience, management experience, and government work experience make a difference? SAM Advanced Management Journal. 81(1): 4-19.

Ermasov S., Ermasova, N. (2016). Weighted average cost of risk financing of innovation company. Risk-management. (Russia). 1: 14-21

Nguyen, Lam D., Ermasova, N. Geyfman, V. and Mujtaba, B. G. (2015). Leadership Orientations of Russian Working Adults: Do Age, Gender, Education, and Government Work Experience Make a Difference? Public Organization Review, 15(3), 399-414. DOI: 10.1007/s11115-014-0279-6. Online at: http://link.springer.com/article/10.1007/s11115-014-0279-6

Ermasova, Natalia, Mikesell J., and Ermasov, S. (2014). Impact of recession on total revenue of regional governments in Russia. Business Systems & Economics, 4 (2):139-154

Nguyen Lam .D., Natalia Ermasova,  Alexander Demin and Koumbiadis, A. (2014). Work Overload Stress of Russian Working Adults: Do Age, Gender, Education, Religion, Management Experience and Government Work Experience Make a Difference? Academy of Business Disciplines Journal. 6(2), pp.76-89. 

Glukhova, Marina, and Natalia Ermasova (2014) State corporations and multinational corporation: unity and conflict of opposites.  Studies of the Russian Academy of Business Moscow: Russian Academy of Entrepreneurship, 40, pp. 136-142 [Глухова М., Ермасова Н. Госкорпорации  и ТНК: единство и борьба противоположностей. Ученые записки Российской Академии Предпринимательства. Издательство: Российская Академия предпринимательства, (Москва) 2014. - №40. - С. 136-142] ISSN: 2073-6258.

Ermasov, Sergey and Ermasova, N. (2014) Formation of systems of multilevel financing of risks of innovations. Risk-management. (Russia) 2(1), pp.21-36 Online: http://www.ankil.info/lib/3/

Ermasova, Natalia,and Sergey Ermasov (2013).The Impact of policy risk on innovation activity in Russia. SAM Advanced Management Journal. 78(4), pp 23-34.

Ermasova, Natalia. (2013). Trends in the Development of the Russian Insurance Market. Journal Izvestiya Saratov. Universiteta. New ser. Ser. Economic. Management. Law. (Russia) 4 (1), 499-505. ISSN: 1994-2540.

Ermasova, Natalia. (2013). The Improvement of Capital Budgeting at the State Level in the USA.  Public Administration Research,  2 (2)

Ermasova, Natalia. (2013). The Capital Budgeting at the State Level during the  Great Recession: the Results of Survey. State and Local Government Review. 45 (2), pp. 119-130.

Ermasova, Natalia. (2013) Administrative Innovations in Capital Budgeting at the State Level in the USA during the Great Recession. Journal of Business and Economics, 4 (10), pp. 957-972

Ermasova, Natalia. (2013) Tax Reform of Corporate Income Tax on State Level in the USA. Journal Izvestiya Saratov. Universiteta. New ser. Ser. Economic. Management. Law. (Russia) 2013. 13 (2), 127-132. http://elibrary.ru/item.asp?id=20398522.

Ermasova Natalia,and Sergey Ermasov. (2010). The Risk-management in condition of Russian financial crisis. Financial Journal. 12(7). pp.3-12

Ermasova Natalia,and Sergey Ermasov. (2010). The Insurance of Innovation’s Risks. Financial Journal. 6(1). pp.62-71

Ermasova, Natalia. (2009).The Dynamics of Tax System in the USA. Moscow. Finance and Credit. Issue 41

Ermasova Natalia. The Insurance of investments risks. Insurance. 2005. Issue 6. P. 9-18

Ermasova, Natalia. (2004). The Management of Credit Risks. Moscow. Finance and Credit. Issue 1

Ermasova, Natalia. (2004). The development of Regional Insurance Market. Moscow. Finance. Issue 1

Ermasova Natalia, and Elena Popchenko. Factors of risk-management in the system of controlling. State technical University journal. Issue 2.

Ermasova Natalia. The Unions between Banks and Insurance Companies. Saratov, State technical University magazines. 2004

Ermasova Natalia. 2004. The analyses of risks in bank. Sankt-Petersburg’s journal Economics and Management. Issue 1

Ermasova Natalia, and Natalia Popkova. 2003.The Development of fiscal relations. The Bulletin of Volga region academy of civil services. Issue 4

Ermasova Natalia. 2001. The management of finance risks. The Bulletin of Volga region academy of civil services. Issue 2

Ermasova Natalia. 2001. Decentralization and problems of local budget. The Bulletin of Volga region academy of civil services. Issue 1

Textbooks and Books:

Ermasova Natalia. Risk-management of organization. Moscow. Alfa-Press. 2005. Second edition, 2014. Moscow. Alfa-Press. 2014
Ermasov Sergey, and Natalia Ermasova. Insurance. 2006. Moscow : URAIT. Second Edition, 2008. Moscow : URAIT. Third Edition. 2010. Moscow: URAIT. Fourth edition, 2012, Moscow : URAIT. 2013. Fifth edition, 2015, Moscow: URAIT.

Ermasova Natalia, and Sergey Ermasov S. Financial Management. 2006. Moscow: URAIT. Second Edition. 2008. Moscow: URAIT. Third Edition, 2010. Moscow: URAIT.

Ermasova Natalia. Budget System. 2009. Moscow: High Education.

Ermasova Natalia. Public and Municipal Finance. 2004. Moscow: UNITY. Second Edition. 2008. Moscow: High Education.

Ermasov Sergey, and Natalia Ermasova. Innovation Management. 2007. Moscow:
High Education.

Popchenko Elena, and Natalia Ermasova.  Business Controlling. 2006. Moscow: Alfa-Press.

Ermasova Natalia, Tatyana Varlamova, and Marya Varlamova. Money, Credit and Banks. 2005. Moscow: Rior. 2005

Ermasova Natalia. Public and municipal finance. 2004. Moscow: Examination.

Ermasova Natalia. Money, Credit and Banks. Moscow. Examination. 2004

Poliyk G.B., and Natalia Ermasova. Public and municipal finance. 2004. Moscow: UNITY.

Ermasova Natalia. The management of bank’s risks. 2003 Saratov: Volga region academy of civil services.

Ermasova Natalia, and Cherkasov V.E. Risk-management. 2003. Saratov: Volga region academy of civil services. 2003

Published Chapters for the Global Encyclopedia of Public Administration, Public Policy, and Governance (GEPAPPG):

Ermasova, N. (2016). Government Structure in Russia
Ermasova, N. (2016). Government Budget Laws in Russia
Ermasova, N., Mokeev, M. (2016). Local Governments in Russia.
Ermasova, N., Mokeev, M.  (2016). The Russian Political System.

Competitive Academic Conference Paper Presentations:

Ermasova, Natalia, Wojnarovsky, Catherine. (2017). The Designation of TIF boundaries: Case analysis of seven TIFs in Illinois. Association for Budgeting and Financial Management (ABFM) Conference. Washington, DC. September, 28-30, 2017.

Ermasova, Natalia, Ermasova Polina (2017). The level of corruption and ethics perception among public sector employees in Russia. Association for Budgeting and Financial Management (ABFM) Conference. Washington, DC. September, 28-30, 2017.

Ermasova, Natalia (2017). Capital Budgeting Process in Russia. Association for Budgeting and Financial Management (ABFM) Conference. Washington, DC. September, 28-30, 2017.

Ermasova, Natalia, George Amanda (2017). Unintended consequences of Tax Incremental Financing (TIFS): Case of Elwood. WSSA Conference. San Francisco, CA, April 13-16 2017

Ermasova, Natalia, Lam D. Nguyen, Clark, Dina, Ermasov Sergey (2017).  Business ethics in public sector in Russia. ABEM (Academy of Business and Emerging Market) Conference 2017, Santo Domingo, August, 1-3, (presented on my behave by Clark, Dina)

Ermasova, Natalia, Lam D. Nguyen, Clark, Dina, Ermasov Sergey (2016).  The effect of education and formal training on ethical behaviour among Russian public sector employees. Academy of International Business (AIB)-Southeast USA Conference, “Navigating (Anti) Globalism” , Washington D.C. , October 26-29th, (presented on my behave by Clark, Dina)

Ermasova, Natalia, Lam D. Nguyen, Clark, Dina, Ermasov Sergey (2016). Management Skills in Global Business: Do Work, Management, and Government Experience Make a Difference? An Empirical Study on Russian Working Adults. The 6th Global Business and Finance Research Conference. Howard Civil Service International House, Taipei City, Taiwan (R.O.C.), 27 – 29 October 2016 (presented on my behave by Lam D. Nguyen)

Ermasova, Natalia, Lam D. Nguyen, Clark, Dina; Ermasov Sergey (2016). Management Skills of Russian. The Academy of International Business (AIB) US Southeast 2016 Conference.Tampa. November, 10-14.2016 (presented on my behave by Clark, Dina)

Kulik, Jeffrey, Ermasova, Natalia. (2016). Tax Expenditure Limitations (TELs) and State Expenditure Structure in the USA. Association for Budgeting and Financial Management (ABFM) Conference. Washington, DC. October, 6-8, 2016.

Bruce, Mary and Ermasova, Natalia (2015). Does Funding Make a Difference in Students’ Achievement? An Empirical Study of Illinois Schools. Association for Budgeting and Financial Management (ABFM) Conference. Washington, DC. October, 3-5, 2015.

Lam D. Nguyen, Ermasova, Natalia, and Sergey Ermasov (2015). Business Ethics Perceptions of Russian Working Adults: Do Age, Gender, Education, Work Experience, Management Experience, and Government Work Experience Make a Difference? 2015 International Business Conference of the Society for Advancement of Management . Las Vegas. March, 26-27, 2015

Ermasova, Natalia, John Mikesell, and Sergey Ermasov. (2014). Impact of Recession on Revenue of Subnational Governments in Russia.Association for Budgeting and Financial Management (ABFM) Conference. Grand Rapids. October, 2-4, 2014.

Ermasova, N.(2013) The Exploration of Adoption Administrative innovations in Capital Budgeting at the State level. Association for Budgeting and Financial Management (ABFM) Conference. Washington DC. October, 2-5, 2013

Ermasov. Sergey and Natalia Ermasova (2014). Non-insurance and insurance financing of risks of innovation,  International scientific and practical conference, Saratov, Russia. March 28, 2014

Ermasova, Natalia (2013). Problems of development of insurance risks of innovation, International Conference "Insurance interests of modern society and their support". Saratov State University, Saratov, Russia,  2013 

Nguyen, L.D., Ermasova, N, Mujtaba, B. G.,Geyfman, V. (2013). Leadership and work overload stress orientations across cultures: A comparative study on Russian and Vietnamese working adults”, presented by Mujtaba, B. at the International Conference International Conference on Management Research (ICMR-2013) Lahore, Pakistan, November, 21-22, 2013.

Ermasova, Natalia (2013) Regional innovation activity in Russia. Society for Advancement of Management (SAM) International Business Conference, Arlington, Virginia. September. 2013.

Ermasova, Natalia (2013). Cost-benefit and investment analysis in capital budgeting on state level. Annual conference of the Society for Benefit-Cost Analysis , Washington DC – February 2013

Ermasova, Natalia (2012). Innovation risks in Russia. SECOPA Conference, Spring Coral, FL . October 2012.

Ermasova, Natalia (2012). Capital budgeting on the state level in the USA. Canadian Economic Association, Calgary, Canada . July. 2012

Ermasova, Natalia (2011). Capital budgeting on the state level in the USA. International Public Affairs Association, Spring Conference, Indiana University, USA . March 2011

Conferences in Saratov State Technical University, Saratov, Russia – 11/2006, 09/2005, 10/2004

Honors andAwards

2017 - Excellence Award at Governors State University
2016 – Nominee for Excellence Award at Governors State University
2016 - The Best Paper Certificate at the 6th Global Business and Finance Research Conference
2011 - Award of Office of the Vice President for International Affairs, Indiana University
2011 – Award of Andrew W. Mellon Foundation grant
2010 – Award of Office of the Vice President for International Affairs, Indiana University
2009 - Award of Department of the Treasury, Internal Revenue Service
2009 – Award of Office of the Vice President for International Affairs, Indiana University
2008 – Award of Saratov State University for the Consulting of the best student’s research work
2008 – Award of DAAD (German Program of Academic Exchanges of Teachers and Researchers)
2005 – Award of Saratov State Technical University - teaching award
2002 – Award of Indiana University

Grants

2014 – GSU University Research Grant ($3000)
2014 - Fisk Mini-Grant Online Teaching ($400)
2013 - Fisk Mini-Grant Online Teaching ($400)
2011- Award of Andrew W. Mellon Foundation grant ($1,000)
2010 - Award of Andrew W. Mellon Foundation grant ($1,000)
2008 - Grant of German Program of Academic Exchanges of Teachers and Researchers (6,000 euro)
2007 – Award of Open Society Foundation grant ($5,000)
2006 – Award of Fulbright Program ($12,000)
2005 – Award of Open Society Foundation grant ($10,000)

Professional Affiliations

Alumni DAAD
Alumni Fulbright
Association for Budgeting and Financial Management
Association for Public Policy Analysis & Management 

Professional Service:

Editor for the section Public Administration in Russia on the Global Encyclopedia of Public Administration, Public Policy, and Governance (GEPAPPG)

Member of Faculty Senate at Governors State University

Member of Educational Policy Committee at Governors State University

Member of Editorial Board of International Journal of Public Administration

Editor Journal Izvestiya Saratov. Universiteta. New ser. Ser. Economic. Management. Law.

Referee, Journal of Public Finance and Management

Referee, Journal of Public Budgeting, Accounting & Financial Management

Referee, Journal of East-West Business

Course of Open Public Lectures for faculty and students of  Russian  Academy of National Economy and Public Administration the President of the Russian Administration (2012 and 2013)

International Institute of Management (2008, 2009)

Saratov Antimonopoly Committee, Saratov regional branch of federal Committee. Leading Specialist (1992-1996)

Ludwigsburg Institute of Public Finance, Hochschule für öffentliche Verwaltung und Finanzen Ludwigsburg, University of Applied Sciences – Public Administration and Finance (Germany), DAAD Visiting Professor, June-July 2008

Fulbright Visiting Professor,  School of Public and Environmental Affairs  at  Indiana University, 2006

Doctoral Dissertation Committee Service

Chair:
Annie Ware - Governors State University
Kulik Jeffrey – Governors State University
Kenost Colleen - Governors State University
McClinton William - Governors State University
Popchenko Elena - Volga river regional Academy of Civil Services

Volunteer activity

Department of Treasury, Internal Revenue Service - VITA Volunteer in national program designed to assist foreign students in the completion of their federal and state tax returns 2009-2010

Russian and East European Institute at Indiana University – teacher in “Rosinka” (a special project of Russian and East European Institute) classes in Russian Language, Art and Culture - 2009-2012

Multicultural LOTUS festival – presentation about Russian history and culture  2009 -2012

Curriculum Vitae: Dr. Ermasova