Aswath Damodaran

Biography

Aswath Damodaran holds the Kerschner Family Chair in Finance Education and is Professor of Finance at New York University Stern School of Business. Before joining Stern, he lectured in Finance at the University of California, Berkeley.

Professor Damodaran has been the recipient of Giblin, Glucksman, and Heyman Fellowships, a David Margolis Teaching Excellence Fellowship, and the Richard L. Rosenthal Award for Innovation in Investment Management and Corporate Finance.

He has also won the Stern School of Business Excellence in Teaching Award in 1988, and the Distinguished Teaching award from NYU in 1990. He has been voted "Professor of the Year" by the graduating M.B.A. class nine times during his career at NYU.

In addition to myriad publications in academic journals, Professor Damodaran is the author of several highly-regarded and widely-used academic texts on Valuation, Corporate Finance, and Investment Management.

Professor Damodaran currently teaches Corporate Finance and Valuation to the MBAs. His interests lie in disentangling value drivers and understanding market pricing and behavior.

He is known as the ‘Dean of Valuation’ in the finance community.

Professor Damodaran is the author of Musing on Markets, a blog on corporate finance and valuation.

Publications (Selected)

Books

Applied Corporate Finance.

Corporate Finance: Theory and Practice.

Damodaran on Valuation.

Investment Valuation.

The Dark Side of Valuation.

The Little Book of Valuation.

Investment Management.

Investment Philosophies.

Investment Fables.

Narrative and Numbers.

Strategic Risk Taking.

Articles

Breach of Trust: Valuing Financial Service Firms in the Post-Crisis Era (2011)

Equity Risk Premiums (ERP): Determinants, Estimation and Implications - The 2011 Edition (2011)

Comatose Markets: What if Liquidity is Not the Norm? (2010)

Risk Management: A Corporate Governance Manual (2010)

A New ‘Risky’ World Order: Unstable Risk Premiums: Implications for Practice (2010)

Education

Ph.D. Finance, University of California, Los Angeles

M.B.A. Finance, University of California, Los Angeles

M.S. Management, Indian Institute of Management

B.Com. Accounting, Madras University

Institutions

Stern School of Business, New York University

University of California, Berkeley

Fields

Accounting

Finance

Topics

Earnings Management

Shareholder Issues/Activism

Valuation

Berkshire Hathaway

Asset Management

Corporate Finance

Corporate Governance

Portfolio Management

Housing/Real Estate

Restructuring & Layoffs

Known As

‘The Dean Of Valuation’