Viral V. Acharya joined New York University Stern School of Business as a Professor of Finance in September 2008. Prior to joining NYU Stern, Professor Acharya was a Professor of Finance and Academic Director of the Private Equity Institute at the London Business School, a Research Affiliate of the Center for Economic Policy Research and an Academic Advisor to the Bank of England. He was appointed Senior Houblon-Normal Research Fellow at the Bank of England to conduct research on efficiency of the inter-bank lending markets for the summer of 2008.
Professor Acharya’s research interests are in the regulation of banks and financial institutions, corporate finance, credit risk and valuation of corporate debt, and asset pricing with a focus on the effects of liquidity risk. He has published articles in the Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Journal of Business, Rand Journal of Economics, Journal of Financial Intermediation, Journal of Money, Credit and Banking, and Financial Analysts Journal.
Professor Acharya has received numerous awards and recognition for his research. He received the Best Paper Award in Corporate Finance from the Journal of Financial Economics in 2000, Best Paper Award in Equity Trading at the Western Finance Association Meetings in 2003, Outstanding Referee Award for the Review of Financial Studies in 2003, the inaugural Lawrence G. Goldberg Prize for the Best Ph.D. in Financial Intermediation, Best Paper Award in Asset Pricing from the Journal of Financial Economics in 2005, and an inaugural Rising Star in Finance Award in 2008.
Professor Acharya earned a Bachelor of Technology in Computer Science and Engineering from the Indian Institute of Technology, Mumbai, and a Ph.D. in Finance from New York University Stern School of Business.
Recent Blog Posts by Viral V. Acharya
- Concorde’s fate offers a lesson for finance
- Restoring Financial Stability
- Why government guarantees are a double-edged sword
- Chapter 18: Executive Summary – International Alignment of Financial Sector Regulation
- Chapter 15: Executive Summary – The Financial Sector “Bailout”: Sowing the Seeds of the Next Crisis?
- Chapter 14: Executive Summary – Private Lessons for Public Banking: The Case for Conditionality in LOLR Facilities
- Chapter 13: Executive Summary – Regulating Systemic Risk
- Chapter 11: Executive Summary – Centralized Clearing for Credit Derivatives
- Chapter 10: Executive Summary – Derivatives – The Ultimate Financial Innovation
- Chapter 7: Executive Summary – Corporate Governance in the Modern Financial Sector
- Chapter 2: Executive Summary – How Banks Played the Leverage “Game”


