Dr. Raghuram G. Rajan
Award Year: 2005 | Degree Year: 1985
Dr. Raghuram G. Rajan received his Bachelor’s degree in Electrical Engineering from IIT Delhi in 1985 along with the Director’s Gold Medal for all-round performance. He graduated from IIM Ahmedabad in 1987, where he received a gold medal for academic performance.
He joined the Graduate School of Business (GSB), University of Chicago in 1991 after obtaining a Ph.D. from MIT. In 1994, Dr. Rajan received tenure and appointment as Professor of Finance and is now the Joseph L. Gidwitz Distinguished Service Professor of Finance at the GSB. He has held a visiting chair at Northwestern (1996-97) and the Fischer Black visiting chair at M.I.T. (2000-2001).
Dr. Rajan is currently the Economic Counselor and Director of Research at the International Monetary Fund, USA. He has been in this position since 2003.
Dr. Rajan’s research interests focus primarily on economic institutions ranging from banks to property rights. He teaches courses on Corporate Finance and Banking at the GSB. His papers have been published in all the top economics and finance journals. He has also written a book with Luigi Zingales entitled Saving Capitalism from the Capitalists, which was published by Random House in February 2003.
Dr. Raghuram Rajan is one of the top researchers of the World in areas of economics and finance. He has won an array of prestigious awards including three consecutive Brattle prizes for distinguished papers in the Journal of Finance. In January 2003, the American Finance Association awarded Dr. Rajan the inaugural Fischer Black Prize. The prize will henceforth be given every two years to the financial economist under age 40 who has made the most significant contribution to the theory and practice of finance.
Dr. Rajan is a Director of the American Finance Association and the Program Director for the Corporate Finance Program at the National Bureau of Economic Research. He has served as a consultant to a number of organizations including the World Bank, the Federal Reserve Board, the Reserve Bank of India, the Swedish Parliament, finance companies, and banks.
In honoring Dr. Raghuram Rajan, IIT Delhi recognizes the outstanding contributions made by him as a Researcher, Educator, and Financial Economist. Through his achievements, Dr. Raghuram G. Rajan has brought glory to the name of this Institute.
