Encyclopedia

Economics & Finance
Aswath Damodaran
Professor of Finance, New York University Stern School of Business
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.
Known As: ‘The Dean Of Valuation’.
Courses Taught: Corporate Finance; Equity Instruments & Markets.
- 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
- Topics
- Accounting · Finance · Earnings Management · Shareholder Issues/Activism · Valuation · Berkshire Hathaway · Asset Management · Corporate Finance · Corporate Governance · Portfolio Management · Housing/Real Estate · Restructuring & Layoffs
In the Encyclopedia9
- Blog · Mar 5, 2025Dividends and Buybacks - Inertia and Me-tooism!
- Blog · Oct 28, 2024The Sugar Daddy Effect? Assessing Corporate Venture Capital, Sovereign Funds And Green Energy
- Blog · Feb 16, 2024Catastrophic Risk: Investing and Business Implications
- Blog · Jan 10, 2024Data Update 1 for 2025: The Draw (and Danger) of Data
- Blog · Jul 25, 2023Country Risk: A July 2023 Update!
- Blog · May 7, 2023Good (Bad) Banks and Good (Bad) Investments: At The Right Price...
- Blog · May 5, 2023Breach of Trust: Decoding the Banking Crisis
- Blog · Mar 8, 2023Data Update 7 for 2023: Dividends, Buybacks and Cash Flows
- Blog · Feb 27, 2023Data Update 6 For 2023: A Wake-Up Call For The Indebted?
Books11
- Applied Corporate Finance.Applied Corporate Finance.
- Corporate Finance: Theory and Practice.Corporate Finance: Theory and Practice.
- Damodaran on Valuation.Damodaran on Valuation.
- Investment Valuation.Investment Valuation.
- The Dark Side of Valuation.The Dark Side of Valuation.
- The Little Book of Valuation.The Little Book of Valuation.
- Investment Management.Investment Management.
- Investment Philosophies.Investment Philosophies.
- Investment Fables.Investment Fables.
- Narrative and Numbers.Narrative and Numbers.
- Strategic Risk Taking.Strategic Risk Taking.
Selected publications5
- 2011Breach of Trust: Valuing Financial Service Firms in the Post-Crisis Era (2011)
- 2011Equity Risk Premiums (ERP): Determinants, Estimation and Implications - The 2011 Edition (2011)
- 2010Comatose Markets: What if Liquidity is Not the Norm? (2010)
- 2010Risk Management: A Corporate Governance Manual (2010)
- 2010A New ‘Risky’ World Order: Unstable Risk Premiums: Implications for Practice (2010)
Positions & affiliations2
- Stern School of Business, New York University
- University of California, Berkeley
Honours & awards8
- Giblin Fellowship
- Glucksman Fellowship
- Heyman Fellowship
- David Margolis Teaching Excellence Fellowship
- Richard L. Rosenthal Award for Innovation in Investment Management and Corporate Finance.
- School of Business Excellence in Teaching Award (1988)
- NYU Distinguished Teaching (1990).
- Voted "Professor of the Year" by the NYU graduating M.B.A. class nine times during his career.