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University of Exeter Business School

Professor Bill Peng

Professor Bill Peng

Associate Dean for Global Engagement and Masters Programmes (Business School) and Associate Professor of Accounting and Finance


 +44 (0) 1392 722533

 Streatham Court 1.01


Streatham Court, University of Exeter, Rennes Drive, Exeter, EX4 4PU, UK


Dr Bill Peng joined the University in 2006. He currently serves as the Associate Dean for MSc Programmes in the Business School, managing a diverse and evolving portfolio of postgraduate-taught programmes. Previously, he served as the Head of Department of Accounting (2015-19), Director of Education in Accounting (2012-2014), and Programme Director for MSc Accounting and Finance (2008-2011). Bill is the academic lead for the Business School’s undergraduate 2+2 articulation and postgraduate 4+1 progression programmes with overseas partners.

Prior to joining academia, Bill worked in financial services audit. Bill is a CFA® charterholder. He currently teaches modules in Corporate Finance, and has also taught Financial Accounting, Management Accounting and MSc dissertation modules. Although Bill is on the education and scholarship (E&S) track, he has research interests in market-based accounting and equity valuation.

Administrative responsibilities

  • Associate Dean (MSc Programmes)
  • QTEM Dean


  • BA, MSc, PhD (Lancaster)
  • Chartered Financial Analyst®

Research group links

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Research interests

  • Accounting-based equity valuation models
  • The role of accounting numbers in firm valuation

Research projects

  • Valuation performance and determinants of price multiples
  • Relative usefulness of accounting numbers in firm valuation at entity and equity level

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External Engagement and Impact

External positions

  • Member of the Institute of Chartered Financial Analyst (CFA)
  • Member of the CFA Society of the UK

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  • Corporate Finance
  • Financial Statement Analysis



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