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Roy C. Smith

Roy C. Smith

Joined Stern 1987

Leonard N. Stern School of Business
Kaufman Management Center
44 West Fourth Street, 9-59
New York, NY 10012

E-mail rsmith@stern.nyu.edu
Personal website
Personal blog

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Roy C. Smith has been on the faculty of the New York University Leonard N. Stern School of Business since September 1987. He is a Professor of Management Practice and is the Kenneth Langone Professor of Entrepreneurship and Finance. Prior to assuming this appointment he was a General Partner of Goldman, Sachs & Co., which he joined in 1966, specializing in international investment banking and corporate finance. Upon his retirement from the firm to join the faculty, he was the senior international partner. During his career at Goldman Sachs he served as President of Goldman Sachs International Corp. while resident in the firm's London office in the 1980s.

Professor Smith received his B.S. degree from the U.S. Naval Academy in 1960, and his M.B.A. degree from Harvard University in 1966.

Professor Smith's principal areas of research include international banking and finance, all forms of entrepreneurial finance and institutional investment practice, professional conduct and business ethics. He is a frequent guest lecturer at other business schools in the U.S. and in Europe.

In addition to various articles in professional journals and op-ed pieces, he is the author of The Global Bankers, E.P. Dutton, 1989, The Money Wars, E.P. Dutton, 1990, Comeback: The Restoration of American Banking Power in the New World Economy, Harvard Business School Press, 1993, The Wealth Creators, St. Martin's Press, 2001, and Adam Smith and the Origins of American Enterprise, 2002, and Paper Fortunes - The Modern Wall Street, 2010. He is also co-author with Ingo Walter of several books including Street Smarts, Harvard Business School Press, 1997, High Finance in the Euro Zone, FT-Prentice Hall, 2000, Global Banking, Oxford University Press, 2003, and Governing the Modern Corporation, Oxford University Press, 2006.

Professor Smith was a Limited Partner of Goldman, Sachs & Co. until its public offering in May 1999. He has been a director of public and privately-held corporations in the US and in the UK, and was a founding partner of a London-based, financial services consulting company.

Research Interests

  • International banking and finance
  • Global capital market activity
  • Mergers and acquisitions
  • Leveraged transactions
  • Foreign investments

Courses Taught

  • Entrepreneurial Finance
  • Global Banking and Capital Markets
  • Professional Responsibility
  • Venture Capital

Academic Background

M.B.A., 1966
Harvard University

B.S., 1960
U.S. Naval Academy

Selected Publications

Up to Us: NYU Interviews Roy Smith

R. Smith (2010)
The Modern Wall Street
St Martin's Press

Related News & Research

Professor Roy Smith explains why Europe's banks are cutting jobs in Latin America

In a co-authored op-ed, Professors Roy Smith and Brad Hintz explore solutions for global banks as they reduce their investment banking businesses

From double fault to European champion

Professor Roy Smith looks at human resource management at Goldman Sachs

Professor Roy Smith looks at CEO John Cryan's plan to withhold Deutsche Bank's dividends for two years

Professor Roy Smith comments on regulatory positions in banking

In an op-ed, Professor Roy Smith offers advice to corporate boards for preventing scandals

Directors need to change the culture below decks

Professor Roy Smith discusses Jes Staley's new role as CEO of Barclays

Professor Roy Smith discusses the recent stock market turbulence

Street Smarts Reconsidered

In an op-ed, Professor Roy Smith argues that the US should privatize its infrastructure

US Infrastructure Financing Needs to Change Track

Professor Roy Smith on the financial claims that may be addressed with improved US-Cuba relations

In an op-ed, Professors Roy Smith and Brad Hintz discuss the recent termination of Barclays' CEO

It Was the Strategy, Not the Execution, That Got Jenkins

In an op-ed, Professor Roy Smith examines the economic dilemmas and reform strategies in Greece vs. China

A Problem 10 Times the Size of Greece – and That's Just the Stock Market

In an op-ed, Professors Charles Murphy and Roy Smith share advice for young financial analysts

Is a Financial Analyst Job the Right Direction for You?

Areas of Expertise


  • Venture Capital/Financing


  • Business Ethics
  • Corporate Social Responsibility (CSR)


  • Corporate Finance
  • Corporate Governance
  • Executive Pay
  • Financial Regulation
  • Hedge Funds
  • International Finance
  • Investment Banking