Nov 5, 2014
Blueprint for new IITs and NITs likely to roll out today
read more...
AUSIB promotes High Profile Higher Education Events, Business Events, Trade and Investments between The United States and India
Oct 28, 2014
India Projected to Become Third-biggest Aviation Market by 2031
read more...
AUSIB promotes High Profile Higher Education Events, Business Events, Trade and Investments between The United States and India
Oct 8, 2014
IMF issues warning on slower economic growth in 2014 and 2015
read more...
AUSIB promotes High Profile Higher Education Events, Business Events, Trade and Investments between The United States and India
Oct 8, 2014
USINPAC releases #US-#India ‘Business Barometer’
read more...
AUSIB promotes High Profile Higher Education Events, Business Events, Trade and Investments between The United States and India
Oct 8, 2014
More than half of U.S. unlikely to do business in India: study
read more...
AUSIB promotes High Profile Higher Education Events, Business Events, Trade and Investments between The United States and India
Oct 8, 2014
More than half of US unlikely to do business in India: Reports
read more...
AUSIB promotes High Profile Higher Education Events, Business Events, Trade and Investments between The United States and India
Oct 8, 2014
US lawmakers forge ahead to set US-India relations on new course
read more...
AUSIB promotes High Profile Higher Education Events, Business Events, Trade and Investments between The United States and India
Oct 6, 2014
New MoU to be signed between India and the USA gets nod from the Indian Cabinet
read more...
AUSIB promotes High Profile Higher Education Events, Business Events, Trade and Investments between The United States and India
Sep 30, 2014
India set to become a founding partner in the Thirty Meter Telescope Project in Pacific Ocean
read more...
AUSIB promotes High Profile Higher Education Events, Business Events, Trade and Investments between The United States and India
Sep 30, 2014
Global Initiative of Academic Networks approved by the Indian HRD Ministry
read more...
AUSIB promotes High Profile Higher Education Events, Business Events, Trade and Investments between The United States and India
Sep 23, 2014
Narendra Modi will build new IIT in Goa aided by US institutions
read more...
AUSIB promotes High Profile Higher Education Events, Business Events, Trade and Investments between The United States and India
Aug 28, 2014
Turning Point in Bilateral Relations: US Medical Delegation to India arrives
read more...
AUSIB promotes High Profile Higher Education Events, Business Events, Trade and Investments between The United States and India
Aug 26, 2014
Indian American author Nina McConigley wins PEN Open Book Award
read more...
AUSIB promotes High Profile Higher Education Events, Business Events, Trade and Investments between The United States and India
Aug 26, 2014
Indian-American educator Pradeep Khosla to help India with hospital management
read more...
AUSIB promotes High Profile Higher Education Events, Business Events, Trade and Investments between The United States and India
Aug 26, 2014
India-US natural partners: US diplomat
read more...
AUSIB promotes High Profile Higher Education Events, Business Events, Trade and Investments between The United States and India
View All

Chicago Booth's Raghuram Rajan accepts post in India's government

Source : University of Chicago
Sept 12, 2012

Raghuram Rajan, a professor of finance at the University of Chicago Booth School of Business, has been named the Indian government’s Chief Economic Adviser, the school announced Aug. 30. Rajan will continue to be associated with the school and UChicago, while restructuring his academic commitments to meet his responsibilities in India.

 

Since 2008, he has been an honorary economic adviser to Prime Minister Manmohan Singh while he continued teaching and doing research at Booth full time.

 

“The post-crisis world has been challenging for all countries, and India is no exception. I look forward to working to address the important issues it faces,” said Rajan, the Eric J. Gleacher Distinguished Service Professor of Finance. “And I am pleased that I will be able to reorganize my duties at Booth to allow me to undertake these new responsibilities.”

 

At Chicago Booth, he teaches an MBA course in international corporate finance and a PhD course in the theory of financial decisions.

 

Rajan chaired the Indian government’s Committee on Financial Sector Reforms in 2007 and 2008, and he was economic counselor and director of research for the International Monetary Fund from 2003 to 2006.

 

“I speak for our students and my colleagues on the faculty when I say we are delighted that Professor Rajan will be advising the Indian government. His experiences there will, no doubt, be invaluable for our students,” said Sunil Kumar, dean of Chicago Booth.

 

Rajan’s new position in the Indian government is similar to a post that Austan Goolsbee, another Booth professor, held in the administration of President Barack Obama. Goolsbee was chairman of the President’s Council of Economic Advisers from 2010 to 2011.

 

Rajan’s research interests are in banking, corporate finance and economic development, especially the role of finance in economic development. His academic papers have been published in all the top economics and finance journals. Rajan was president of the American Finance Association in 2011.

 

Before the financial crisis struck, Rajan presented his research paper titled “Has Financial Development Made the World Riskier?” at the Jackson Hole Conference organized by the Federal Reserve Bank of Kansas City in 2005. In the paper, he concluded that serious risks to the financial system existed, and he proposed policies that would reduce those risks.

Rajan’s recent book, Fault Lines: How Hidden Fractures Still Threaten the World Economy, won the Financial Times/Goldman Sachs Business Book of the Year award in 2010, and he won the Infosys Prize for Economic Sciences.

 

Rajan received the inaugural Fischer Black Prize, given every two years to the financial economist younger than 40 who has made the most significant contribution to the theory and practice of finance.

 

He joined the Booth faculty in 1991 after he received a PhD from the Massachusetts Institute of Technology. Earlier, he received an MBA from the Indian Institute of Management in Ahmedabad and an undergraduate degree from the Indian Institute of Technology in New Delhi.


  • AUSIB joins Nagpur First as Supporting Partners for Annual Global Nagpur Summit 2015
    read more...
  • Events and Delegations between India and The United States
  • Edwin Burkett
  • James mancuso
  • Gerald V quinnan
  • Mark evans
  • Rahul jindal
  • Rahul jindal
^ Back to Top