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Aswath Damodaran

Aswath Damodaran

Joined Stern 1986

Leonard N. Stern School of Business
Kaufman Management Center
44 West Fourth Street, 9-94
New York, NY 10012

E-mail adamodar@stern.nyu.edu
Personal website
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Aswath Damodaran holds the Kerschner Family Chair in Finance Education and is Professor of Finance at New York University Stern School of Business. Before coming to Stern, he also lectured in Finance at the University of California, Berkeley.

Professor Damodaran received a B.A. in Accounting from Madras University and a M.S. in Management from the Indian Institute of Management. He earned an M.B.A. (1981) and then Ph.D. (1985), both in Finance, from the University of California, Los Angeles.

Professor Damodaran's contributions to the field of Finance have been recognized many times over. He 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.

His skill and enthusiasm in the classroom garnered him the Schools of Business Excellence in Teaching Award in 1988, and the Distinguished Teaching award from NYU in 1990. His student accolades are no less impressive: he has been voted "Professor of the Year" by the graduating M.B.A. class five 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 Equity Instruments & Markets. His research interests include Information and Prices, Real Estate, and Valuation.

Research Interests

  • Information and Prices
  • Real Estate
  • Valuation

Courses Taught

  • Corporate Finance
  • Equity Instruments & Markets

Academic Background

Ph.D., Finance, 1985

M.B.A., Finance, 1981

M.S., Management, 1979
Indian Institute of Management

B.Com., Accounting, 1977
Madras University

Related News & Research

Professor Aswath Damodaran shares his views on Twitter's leadership

Professor Aswath Damodaran's blog post on the price-earnings (CAPE) ratio for evaluating stock prices is featured

Professor Aswath Damodaran comments on Lyft's share of the ridesharing market

Professor Aswath Damodaran shares his views on Uber's future

Professor Aswath Damodaran's blog on cash flows is cited

Professors Melissa Schilling and Aswath Damodaran weigh in on Uber's business model

Professor Aswath Damodaran discusses how interest rates affect the values of stocks and bonds

Professor Aswath Damodaran explains why dividends and stock buybacks are the market's biggest risk

Professor Aswath Damodaran is interviewed about Uber's $1.2 billion loss

Professor Aswath Damodaran explains why cash-burn companies are not necessarily a bad investment

In an in-depth interview, Professor Aswath Damodaran discusses valuation, interest rates, and his views on investing

Professor Aswath Damodaran discusses Facebook and Google's public perception and its relationship to their success

Professor Aswath Damodaran shares his views on Tesla's stock

Professor Aswath Damodaran's blog post on low interest rates is highlighted

Professor Aswath Damodaran shares his views on international investing

Professor Aswath Damodaran discusses his approach to investing

Professor Aswath Damodaran comments on Uber and Lyft's departure from Austin, Texas

Professor Aswath Damodaran shares his views on Amazon stock

Professor Aswath Damodaran weighs in on LendingClub's relationship to Cirrix Capital

Professor Aswath Damodaran explains the decreasing relevance of AAA credit ratings; Professor Holger Mueller's research on the financial crisis is cited

Areas of Expertise


  • Earnings Management
  • Shareholder Issues/Activism
  • Valuation


  • Berkshire Hathaway


  • Asset Management
  • Corporate Finance
  • Corporate Governance
  • Portfolio Management
  • Valuation


  • Housing/Real Estate


  • Restructuring & Layoffs