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Ma. Theresa P. Mañalac

Associate Professor

Academic Background

  • Master of Business Administration, University of Michigan-Ann Arbor, USA

Professional and Academic Experience

  • Associate Professor, Asian Institute of Management (August 2010 to present)
  • AIM Trustee, Asian Institute of Management 
  • Chair of Finance and Accounting Department, Asian Institute of Management  (2015-2016, 2018-2019)
  • Adjunct Faulty, Asian Institute of Management (September 2009 to March 2010)
  • Program Director MBA Program, Asian Institute of Management  (2012-2013)
  • Vice President: Corporate Treasury, Automatic Data Processing (New Jersey)
  • Senior Director: Corporate Finance, Automatic Data Processing (New Jersey)
  • Director: International Corporate Finance, Automatic Data Processing (New Jersey)
  • Deputy Treasurer, Energy Development Corporation
  • Manager, Corporate Planning San Miguel Corporation
  • Assistant Vice President: Citibank NA Manila
  • Manager, Business Development United Technologies - Carrier Corporation (Connecticut, USA)

Affiliations, Awards, and Honors

  • AIM Renny Yeo Teaching Excellence Award 2015


  • Santiago, A. L., Pandey, S., & Mañalac, M. T. P. (2019). Family presence, family firm reputation, and perceived financial performance: Empirical evidence from the Philippines. Journal of Family Business Strategy, 10(1), 49-56.


  • Manalac, M. T. P., Robles, J. E., Tibon, M. J., Santos, D., & Puri, S. (2024). Monde Nissin Corporation: IPO luck in the Philippines. Ivey ID: W34797. London, Canada: Ivey Publishing.
  • Manalac, M. T. P, Cu, M. E., Catapia, R. A., Balce, J., & Sumera, L. (2024). Aboitiz Power Corporation: Cost of capital during the pandemic. Ivey ID: W34098. London, Canada: Ivey Publishing.
  • Mañalac, M. T. P., Baldevia, M., San Juan, E., & Azurin, P. (2023). The Initial Public Offering of Kepwealth Property Phils., Inc. The Case Center. Reference no. 123-0102-1.
  • Mañalac, M. T. P., Vosotros, K., & Azurin, P. (2022) RCBC's US Dollar-denominated sustainability notes. The Case Centre. Reference no. 122-0002.
  • Turpin, D., Puri, S., & Mañalac, M. T. P. (2022). Bhanton Towels: The pricing dilemma of an exporter. IMD-7-2393.
  • Mañalac, M. T. P., Maute, Y., & Puri, S.  (2021). The Holcim acquisition: Cementing SMC’s leadership in the Philippines. Ivey ID: 9B21N006. London, Canada: Ivey Publishing.
  • Santiago, A. L., Roxas, F. M. Y., & Mañalac, M. T. P. (2021). Investing in a unicorn: The case of Luckin Coffee gone rogue. Ivey ID:9B21N001. London, Canada: Ivey Publishing.
  • Mañalac, M. T. P., Lim, G. C., & Puri, S. (2020). D. M. Wenceslao and Associates incorporated initial public offering. Ivey ID: 9B20N025. London, Canada: Ivey Publishing.
  • Puri, S., Mañalac, M. T. P., & Ranjan, J. (2020). Customer management at Magellan Savings Bank of Philippines. Ivey ID: 9B20A038. London, Canada: Ivey Publishing.
  • Mañalac, M. T. P., Jakosalem, S. M. M., & Puri, S. (2019). Shakey’s initial public offering: The dilemma of investing. Ivey ID: 9B19N021. London, Canada: Ivey Publishing.

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