Viral V. Acharya is a Professor of Finance at London Business School since Fall 2001 and a Research Fellow of the Center for Economic Policy Research (CEPR). He holds a Ph.D. in Finance from Stern School of Business, New York University and a Bachelor of Technology in Computer Science and Engineering from Indian Institute of Technology, Mumbai. His research interests are in the regulation of banks and financial institutions, corporate finance, valuation of corporate debt, and asset pricing with a focus on the effects of cash management and liquidity risk. He has published articles in the Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Journal of Business, and Financial Analysts Journal. He is the recipient of Best Paper Award in Corporate Finance - Journal of Financial Economics, 2000, Best Paper Award in Asset Pricing – Journal of Financial Economics, 2005, Best Paper Award in Equity Trading - Western Finance Association Meetings, 2003, Outstanding Referee Award for the Review of Financial Studies, 2003, and the inaugural Lawrence G. Goldberg Prize for the Best Ph.D. in Financial Intermediation.
Rangarajan ("Raghu") Sundaram is Yamaichi Faculty Fellow and Associate Professor of Finance at New York University's Stern School of Business; and the Coordinator of the PhD program for the finance department at the Stern School. He was formerly at the University of Rochester first as Assistant Professor of Economics (1988-94), then as tenured Associate Professor of Economics (1994-96). He resigned his tenure in 1996 and joined the Stern School as untenured Associate Professor of Finance, receiving tenure in 2000.
Professor Sundaram received his undergraduate degree in economics from the University of Madras in 1982; an MBA degree from the Indian Institute of Management at Ahmedabad in 1984; and his M.A. and Ph.D. in Economics from Cornell University in 1987 and 1988, respectively.
Professor Sundaram's research in finance covers a range of areas including derivatives pricing, credit risk & credit derivatives, agency problems, executive compensation and corporate finance. He has also published extensively in mathematical economics, decision theory, and game theory. His research has appeared in leading academic journals such as Econometrica, Journal of Economic Theory, Journal of Financial Economics, Journal of Finance, and Review of Financial Studies, as well as practitioner-oriented journals such as Journal of Derivatives and Journal of Fixed Income. Professor Sundaram received the Jensen Award in 2001 from the Journal of Financial Economics for the best paper in corporate finance published in 2000.
Professor Sundaram is the author of A First Course in Optimization Theory (published by Cambridge University Press, 1996; currently in its second printing). He is currently Co-Editor of the Journal of Derivatives and is or has been a member of other Editorial Boards, including that of the Journal of Economic Theory from 1993 to 2002. Professor Sundaram currently teaches courses in derivatives and option pricing at the Stern School at the undergraduate, MBA, Ph.D., and Executive levels. He has also taught courses in the past on: optimization theory, game theory, derivatives, and financial institutions (at the PhD level); advanced derivatives (at the MBA and Executive MBA levels); and principles of economics, intermediate microeconomics, game theory, mathematical economics, and industrial organization (at the undergraduate level).
