Profile | Utah Valley University

Faculty Member

Dr. Rachel Bi

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Phone: (801) 863-8807
Mail Stop: 280
Curriculum Vitae: Qianwen Bi CV

Biography

Dr. Qianwen Bi is an associate professor in the Personal Financial Planning program and the head of the Finance and Economics Department at Utah Valley University Woodbury School of Business. She has been teaching financial planning software in the classroom for over 14 years and has been leading the Technology Applications in Personal Financial Planning course at Utah Valley University for eight years. Working with students at the WSB FinTech Center, Dr. Bi has been exploring new business applications using cutting-edge technologies such as Artificial Intelligence (AI), Blockchain, Cloud Computing, and Machine Learning. The FinTech center has a mission to advance our education and promote student success through interdisciplinary, hands-on, innovative projects.

Education

PhD, Texas Tech University, 2015

Major: Personal Financial Planning

MBA, Texas Tech University, 2011

Major: MBA

MS, Texas Tech University, 2011

Major: Personal Financial Planning

BS, Dalian Maritime University, 2007

Major: Management of Information Systems

Teaching

FIN 1060

Personal Finance, Fall 2025

FIN 4290

Technological Applications in Personal Financial Planning, Fall 2025

FIN 6390

Financial Technology, Summer 2025

FIN 1060

Personal Finance SS, Summer 2025

MGMT 6930

International Engagement, Spring 2025

FIN 4290

Technological Applications in Personal Financial Planning, Spring 2025

Presentations

Bi, Rachel , Technology Tools for Today Conference , "Bridging the Gap, Financial Technology Education for the Future of Financial Service Industry ", Technology Tools for Today, Dallas, Texas . (February 7, 2025)

Bi, Rachel , LinLong Technology Annual Conference , "The Evolution of Wealth Management Software in the United States ", LinLong Technology LLC., Shenyang. China . (December 19, 2024)

Bi, Rachel , Schwab Impact Conference , "Empowering Financial Services Through AI_ Trends, Challenges, and Opportunities ", Charles Schwab, San Francisco, CA. (November 20, 2024)

Bi, Rachel , 7th International Teaching Forum , "Artificial Intelligence in Wealth Management ", Normal University , Shanghai, China . (November 18, 2024)

Bi, Rachel , Meng, Chong , Utah Conference on Undergraduate Research , "The Gender Pay Gap in FinTech_ An Analysis of Women's Compensation in the Industry ", UCUR, Orem, Utah. (February 15, 2024)

Bi, Rachel , Array, "FinTech in Financial Planning ", Northeastern University, Shenyang, China. (June 24, 2023)

Scholarly/Creative Works

Bi, Rachel , Chen , Shuo , Meng, Chong , "Openness and Bank Loan Spread " . Journal of Business Research .

Bi, Rachel , "The Role of Personal Finance Management Technology on Financial Thinking and Financial Behaviors_ Does Financial Literacy Matter? " . Financial Services Review .

Dean, Luke , Bi, Rachel , (2022) "Guide to Careers in Financial Planning" . CFP ® Board.

Teng, Lufei , Bi, Rachel , (2022) "The Effects of FDI Inflows on Income Inequality_ Evidence from OECD Countries" (vol. 14). Research of Financial Management.

Tang, Jingpeng (JP) , Bi, Rachel , Beal , Ian , Stauffer , Eric , Kotha , Yashwanth , Gupta , Smita , (2022) "Stock Market Feature Selection Using Orthogonal Array " . The Institute of Electrical and Electronics Engineers (IEEE).

Bi, Rachel , Dean, Luke , Guo, Tao , Sun, Xu , (2022) "The Impact of Using Financial Technology on Positive Financial Behaviors" (Issue: 4, vol. 35). Journal of Financial Planning.

Awards

Presidential Awards of Excellence

UVU Board of Trustees - April 16, 2025

The Board of Trustees and I are delighted to announce the recipients of the 2025 Awards of Excellence. These honors recognize those who have made significant contributions to the mission and commitments of Utah Valley University and whose efforts have done much to further the success of our students.

WSB Dean's Ian Wilson Community Engagement Award

Woodbury School of Business - April 16, 2024

This award is given to a faculty or staff member who exhibits outstanding engagement of our local community to the benefit of the community or students.

Presidential Award of Excellence

UVU Board of Trustees - March 4, 2019

he Board of Trustees and I are delighted to announce the recipients of the 2019 Awards of Excellence. These honors recognize those who have made significant contributions to the mission and commitments of Utah Valley University and whose efforts have done much to further the success of our students.

UVU Academic Service Learning Community-based Research Fellowship Award

Center of Social Impact - October 30, 2018

The purpose of the Community-based Research Fellow program is to support faculty led high-impact community-based participatory research service-learning classroom projects that benefit students, the University, and the community partner.

Summer Research Grant Award

Woodbury School of Business - May 1, 2018

This research grant will be used on developing a paper regarding “The Impact of Blockchain and Artificial Intelligence (AI) Technology on Financial Planning.”

AFCPE Best Journal Article Award

This research grant will be used on developing a paper regarding "The Impact of Financial Software Use on Financial Literacy Education."

UVU Academic Service Learning Community-based Research Fellowship Award

Center for Social Impact - November 3, 2016

Summer Research Grant Award

Woodbury School of Business - May 1, 2016

This research grant will be used on developing a paper regarding the efficacy of Robo-Advisor in financial planning industry.

Undergraduate Research Scholarly and Creative Activities Award

Utah Valley University - October 12, 2015

Work with Nathan Willardson, a student of personal financial planning program on a research paper titled as "Computer Software and Retirement Savings Accuracy".

Summer Research Grant Award

Woodbury School of Business - May 1, 2015

The paper titled as "The Efficacy of Publicly-Available Retirement Planning Tools" is currently under review. This paper also got many media attention including WSJ.

Outstanding Symposium Paper Award

Association for Financial Counseling, Planning and Education - November 21, 2014

"Retirement Saving and the Use of Financial Software" was selected as the Outstanding Paper Award at 2014 AFCPE Research & Training Symposium.

TTU President Doctoral Expense TA

Texas Tech University - September 1, 2013

This is a scholarship for teaching assistant to help with education expenses.

TTU President Doctoral Expense TA

Texas Tech University - September 1, 2012

This is a scholarship for teaching assistant to help with education expenses.

TTU Graduate School Designated Scholarship

Texas Tech University - September 1, 2011

This is a scholarship from graduate school of Texas Tech University.

TTU Rawls of Business Administration Graduate Scholarship

TTU Rawls College of Business - September 1, 2010

This is a $1000 scholarship for excellent student in TTU Rawls College of Business.

TTU Rawls of Business Administration Graduate Scholarship

TTU Rawls College of Business - September 1, 2009

This is a $1000 scholarship for excellent student in TTU Rawls College of Business.

TTU Rawls of Business Administration Graduate Scholarship

TTU Rawls College of Business - September 1, 2008

This is a $1000 scholarship for excellent student in TTU Rawls College of Business.

TTU Rawls of Business Administration Graduate Scholarship

TTU Rawls College of Business - September 1, 2007

This is a $1000 scholarship for excellent student in TTU Rawls College of Business.

Wilson First Class Scholarship

Dalian Maritime University - July 1, 2006

This is a scholarship for top students.

Bi, Rachel , AI Summit, "AI in Financial Planning", , UVU and Silicon Slope, Orem, Utah. (June 15, 2023)

Bi, Rachel (Panelist), Fintellect Think Tank, "Software Standards for Financial Planning", , FP Canada CFP Board, Webminar. (October 4, 2022)

Bi, Rachel (Author Only), Tang, Jingpeng (JP) (Author Only), Array, Array , 2022 Intermountain Engineering, Technology and Computing (IETC), "Stock Market Feature Selection Using Orthogonal Array", , IEEE, Orem, Utah. (May, 2022)

Bi, Rachel , Roots of Knowledge, "FinTech Evolution", , UVU Library, Orem, Utah. (April, 2022)

Bi, Rachel (Panelist), Panel Discussion on SRIs, "Panel Discussion on SRIs", , UWHEN, Orem, Utah. (April 13, 2022)

Bi, Rachel (Presenter & Author), 2022 Utah FPA Symposium, "New Trends of Financial Planning Software", , Utah FPA, Salt Lake City, Utah. (March, 2022)

Bi, Rachel , Array, Array , Academy of Financial Services (AFS) conference , "FinTech in the Classroom ", , Academy of Financial Services, Chicago, IL. (October 23, 2020)

Bi, Rachel , DMU International Teaching Seminar, "Financial Literacy and Service Learning Education in U.S.", , Dalian Maritime University , Dalian, China. (July 1, 2019)

Bi, Rachel , USTC Business School Graduate Research Seminar, "Applied Research in Financial Planning ", , University of Science and Technology in China Business School, Heifei, China. (May 29, 2019)

Bi, Rachel , Tang, Jingpeng (JP) , Finance and Economics Research Seminar, "Apply AI and Blockchain in Personal Financial Planning", , Woodbury School of Business. (November 30, 2018)

Bi, Rachel , Tang, Jingpeng (JP) , 3rd International Teaching Forum, "Engaging Students in Undergraduate Research and National Competitions", , Shanghai Normal University, Orem, UT. (November 9, 2018)

Bi, Rachel , Dean, Luke , 3rd International Teaching Forum, "The Impact of Financial Software Use on Retirement Savings", , Orem, UT. (November 9, 2018)

Bi, Rachel , Tang, Jingpeng (JP) , Finance and Economics Research Seminar, "The Impact of Blockchain and Artificial Intelligence Technology in Financial Software Architecture Design", , Woodbury School of Business. (April 13, 2018)

Bi, Rachel , Woodbury School of Business Advisory board meeting, "Personal Finance Application", , Woodbury School of Business, Orem, Utah. (March 9, 2018)

Bi, Rachel , Adams, Lynn , Rotary Club board meeting, "Financial Literacy Education", , Utah Rotary Club, Provo, Utah. (February 20, 2018)

Bi, Rachel , Westover, Jonathan , 2nd International Teaching Forum, "Engaged Learning and Teaching with a Service Touch", , Shanghai Normal University, Shanghai, China. (November 18, 2017)

Bi, Rachel , $tart $mart Teacher Summit, "Financial Technology", , Utah Board of Education, Orem, Utah. (November 9, 2017)

Bi, Rachel , Array, "Financial Literacy Education Among College Students", , Dalian Maritime University, Dalian, China. (May 25, 2017)

Bi, Rachel (Presenter & Author), Finance and Economics Department Research Seminar, "The Efficacy of Robo-Advisors", , Finance and Economics Department , WB 238, UVU. (April 14, 2017)

Bi, Rachel , International Education Forum, "Engaging the Next Generation through Technology-A Based Teaching Millennial Perspective ", , Shanghai Normal University, Shanghai, China. (November 8, 2016)

Bi, Rachel , Meng, Xiangyi (Panelist), Asian Consumer and Family Economics Association Annual Conference, "The Impact of Financial Software Use on Financial Literacy Education", , Asian Consumer and Family Economics Association , Hong Kong, China. (July 8, 2016)

Bi, Qianwen (Presenter Only), Financial Literacy Education in U.S., "Financial Literacy Education in U.S.", , Shenyang Aerospace University, Shenyang, China. (May 20, 2016)

Bi, Qianwen (Presenter Only), Financial Literacy Education in U.S., "Financial Literacy Education in U.S.", , Dalian Maritime University, Dalian, China. (May 18, 2016)

Bi, Rachel (Presenter & Author), Dorman, Taft (Author Only), Mulholland, Barry (Author Only), Evensky, Harold (Author Only), Finance and Economics Department Research Seminar, "The Efficacy of Publicly-Available Retirement Planning Tools", , Finance and Economics Department , WB 238, UVU. (April 8, 2016)

Bi, Rachel (Chair), Stratton, Scott (Co-Chair), Concurrent Enrollment Professional Development Conference, "Concurrent Enrollment Professional Development Conference_ FIN 1060 Personal Finance ", , Professional Development, Utah Valley University, Grande Ballroom . (February 29, 2016)

Bi, Qianwen (Panelist), Mulholland, Barry (Panelist), Technology Tools for Today Annual Conference, "Engaging the Next Generation through Technology-A Millennial Perspective.", , Technology Tools for Today (T3), Fort Lauderdale, FL.. (February 13, 2016)

Bi, Qianwen (Presenter & Author), Academy of Financial Services Annual Conference, "The Efficacy of Publicly-Available Retirement Planning Tools.", , Academy of Financial Services (AFS), Orlando, FL. (October 16, 2015)

Bi, Rachel (Presenter & Author), Finke, Michael (Author Only), Huston, Sandra (Author Only), Finance and Economics Department Research Seminar, "Retirement Saving and the Use of Computer Software", , Finance and Economics Department , WB 238, UVU. (February 6, 2015)

Bi, Qianwen (Presenter & Author), Association for Financial Counseling, Planning and Education Annual Conference, "Retirement Saving and the Use of Financial Software.", , Association for Financial Counseling, Planning and Education (AFCPE), Bellevue, Washington.. (November 22, 2014)

Bi, Qianwen (Presenter & Author), Academy of Financial Services Annual Conference, "Consumer Computer Software and Retirement.", , Academy of Financial Services (AFS), Chicago, IL. (October 17, 2013)

Bi, Qianwen (Presenter & Author), Huston, Sandra (Presenter & Author), American Council on Consumer Interests Annual Conference, "The Impact of Using Financial Technology on Positive Financial Behaviors.", , American Council on Consumer Interests (ACCI), Milwaukee, WI. (April 12, 2013)

Bi, Qianwen (Panelist), Mulholland, Barry (Panelist), Technology Tools for Today Annual Conference, "When Students Advise the Advisor on Technology.", , Technology Tools for Today (T3), Miami, FL.. (February 18, 2013)

Bi, Rachel , Array, "Education Funding in Financial Planning.", , Texas Tech University, Lubbock, TX.. (April 12, 2012)

Bi, Qianwen (Panelist), Sybrowsky, Jacob (Panelist), Mulholland, Barry (Panelist), Technology Tools for Today Annual Conference, "Financial Planning Technology Used in Academy Area.", , Technology Tools for Today (T3), San Diego, CA.. (February 10, 2010)

Bi, Rachel , (2022) "The Profession Ecology of Chinese Financial Planners 2022" . China Machine Press.

Teng, Lufei , Bi, Rachel , (2022) "The effects of FDI inflows on income inequality_ Evidence from OECD countries" (vol. 14). Research of Financial Management.

Fu, Yi , Zhao, Jinshi , Bi, Rachel , (2021) "Research on the Prediction of A-Share “High Stock Dividend” Phenomenon – A Feature Adaptive Improved Multi-Layers Ensemble Model. Special Issue Machine/Statistical Learning and Modeling with Potential Applications" (Issue: 416, vol. 23). Entropy.

Fu, Yi , Li, Bingwen , Zhao, Jinshi , Bi, Rachel , (2021) "Research on the Prediction of A-Share “High Stock Dividend” Phenomenon—A Feature Adaptive Improved Multi-Layers Ensemble Model" (Issue: 416, vol. 23). Entropy. https://www.mdpi.com/journal/entropy

Bi, Rachel , Dean, Luke , Sun, Xu , (2021) "The Impact of Using Financial Technology on Positive Financial Behaviors " . Financial Services Review .

Bi, Rachel , Dean, Luke , Meng, Xiangyi , Cummings, Benjamin , (2020) "The Impact of Financial Software Use on Financial Literacy Education - Evidence from China" (Issue: 1, vol. 19). Middletown, OH: Journal of Personal Finance.

Bi, Rachel , Dean, Luke , Tang, Jingpeng (JP) , Smith, Hyrum , Tacchino, Kenn , (2020) "Limitations of Retirement Planning Software_ Examining variance amongst inputs and outputs" (Issue: 2, vol. 74). U.S.: Journal of Financial Service Professionals.

Tang, Jingpeng , Liu, Man , (2019) "Software Architecture Integrating Blockchain and Artificial Intelligence for Medical Data Aggregation" . International Conference on Health Informatics and Medical Systems (HIMS).

Tang, Jingpeng (JP) , Bi, Rachel , Fleet, Bradley Van, Nelson, Jason , Davis, Carter , Jacobson, Joe , (2019) "Software Architecture Integrating Blockchain and Artificial Intelligence for Medical Data Aggregation" . International Conference on Health Informatics and Medical Systems.

Bi, Rachel , Dean, Luke , Tang, Jingpeng (JP) , Smith, Hyrum , Tacchino, Kenn , "Publicly available retirement software_ Is it effective and what elements are needed?" (Issue: 4, vol. 74). Journal of Financial Service Professionals.

Dorman, Taft , Mulholland, Barry , Bi, Qianwen , Even sky, Harold , "The Efficacy of Publicly- Available Retirement Planning Tools" (Issue: 2, vol. 18). U.S.: Journal of Personal Finance.

Bi, Rachel , Sybrowsky, Jacob , "The Efficacy of Robo-Advisors on Consumer Portfolio Construction" (Issue: Special edition).

Zhang, Zhifei , Liu, Man , Tang, Jingpeng , (2018) "Improved Optimization Strategies for Congestion Avoidance in Complex Network" . International Conference on Wireless Networks (ICWN). https://csce.ucmss.com/cr/books/2018/LFS/CSREA2018/ICW3179.pdf

Islam, Asiful , Tang, Jingpeng (JP) , Sun, Wenhui , Bi, Rachel , (2018) "Improved Technique for Implementing Gradual Type in Racket Language" . International Conference on Software Engineering Research and Practice (SERP). https://csce.ucmss.com/cr/books/2018/LFS/CSREA2018/SER3177.pdf

Bi, Qianwen , Finke, Michael , Huston, Sandra , Xiao, Jingjian , (2017) "Financial Software Use and Retirement Savings" (Issue: 1, vol. 28). U.S.: Journal of Financial Counseling and Planning.

Lawrence, David , Bi, Rachel , (2016) "Efficient Portfolio Management Using the E-valuator Solution" . http://e-valuator.com/Site/WhitePapers