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College of Business

Dr. Gunratan Lonare

Assistant Professor of Finance
Office
SFHB State Farm Hall Of Business 340
Office Phone
(309) 438-3823office
phone
Email
gglonar@ilstu.eduemail
Website
https://www.glonare.com/website
  • About
  • Education
  • Awards & Honors
  • Selected Research

Current Courses

FIL 347.001 Financial Futures, Options, & Swaps

FIL 341.001 Intermediate Business Finance

FIL 341.002 Intermediate Business Finance

PhD Finance

University of North Carolina at Charlotte
Charlotte, NC

MS Finance

Jamnalal Bajaj Institute of Management Studies
Mumbai (India)

BE Computer Engineering

Dr. Babasaheb Ambedkar Technological University
Lonere, MH (India)

Outstanding Research Award

Department of Finance, Insurance and Law, Illinois State University
2024

Grants and Contracts

Research grant - The Katie School of Insurance and Risk Management
Gunratan Lonare.
Katie School of Insurance and Risk Management. August 15 2025 - August 15 2025
University Research Grant
Gunratan Lonare.
Illinois State University. 2024 - 2024
Research grant - The Katie School of Insurance and Risk Management
Gunratan Lonare.
Illinois State University. 2023 - 2023
Summer research development grant - Department of Finance, Insurance and Law
Gunratan Lonare.
Illinois State University. 2023 - 2023

Software

edgar: Tool for the U.S. SEC EDGAR Retrieval and Parsing of Corporate Filings
Gunratan Lonare, Bharat Patil.

Presentations

Beyond Specialization: Generalist CEOs and Their Impact on Corporate Hedging
Gunratan Lonare, Busra Agcayazi, Ahmet Tuncez.
Southern Finance Association Annual Meeting, Orlando, November, 2025
How Managerial Capital Gains Taxes Increase Deception: Evidence from Stock Price Crash Risk
Tim Trombley, Gunratan Lonare, Busra Agcayazi.
Financial Management Association Annual Meeting, Grapevine, Texas, October, 2024
How Managerial Capital Gains Taxes Increase Deception: Evidence from Stock Price Crash Risk
Tim Trombley, Gunratan Lonare, Busra Agcayazi.
Southwestern Finance Association, Las Vegas, Nevada, February, 2024
Beyond Specialization: Generalist CEOs and Their Impact on Corporate Hedging
Gunratan Lonare, Busra Agcayazi, Ahmet Tuncez.
Southwestern Finance Association Annual Meeting, Las Vegas, February, 2024
How Managerial Capital Gains Taxes Increase Deception: Evidence from Stock Price Crash Risk
Tim Trombley, Gunratan Lonare, Busra Agcayazi.
Southern Finance Association Annual Meeting, Fjardo, Puerto Rico, November, 2023
Industry Tournament Incentives and Corporate Innovation Strategies
Gunratan Lonare.
Young Finance Scholars’ Conference, Sussex (UK), June 13, 2019