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Viral V. Acharya

Viral V. Acharya

Joined Stern 2008

Leonard N. Stern School of Business
Kaufman Management Center
44 West Fourth Street, 9-84
New York, NY 10012

E-mail vacharya@stern.nyu.edu
Personal website

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Biography

Viral V. Acharya joined New York University Stern School of Business as a Professor of Finance in September 2008. Prior to joining NYU Stern, Professor Acharya was a Professor of Finance and Academic Director of the Private Equity Institute at the London Business School, a Research Affiliate of the Center for Economic Policy Research and an Academic Advisor to the Bank of England. He was appointed Senior Houblon-Normal Research Fellow at the Bank of England to conduct research on efficiency of the inter-bank lending markets for the summer of 2008.

Professor Acharya's research interests are in the regulation of banks and financial institutions, corporate finance, credit risk and valuation of corporate debt, and asset pricing with a focus on the effects of liquidity risk. He has published articles in the Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Journal of Business, Rand Journal of Economics, Journal of Financial Intermediation, Journal of Money, Credit and Banking, and Financial Analysts Journal.

Professor Acharya has received numerous awards and recognition for his research. He received the Best Paper Award in Corporate Finance from the Journal of Financial Economics in 2000, Best Paper Award in Equity Trading at the Western Finance Association Meetings in 2003, Outstanding Referee Award for the Review of Financial Studies in 2003, the inaugural Lawrence G. Goldberg Prize for the Best Ph.D. in Financial Intermediation, Best Paper Award in Asset Pricing from the Journal of Financial Economics in 2005, and an inaugural Rising Star in Finance Award in 2008.

Professor Acharya earned a Bachelor of Technology in Computer Science and Engineering from the Indian Institute of Technology, Mumbai, and a Ph.D. in Finance from New York University Stern School of Business.

Research Interests

  • Regulation of banks and financial institutions
  • Corporate finance
  • Credit risk and valuation of corporate debt
  • Asset pricing with a focus on the effects of liquidity risk

Courses Taught

  • Credit Risk

Academic Background

B.Tech., Computer Science and Engineering
Indian Institute of Technology

Ph.D., Finance
New York University Stern School of Business

Related News & Research

Professor Viral Acharya discusses his research on unconventional monetary policy

Professor Viral Acharya's joint research and Professor Kim Schoenholtz's blog post on stress tests are featured

Professor Viral Acharya's joint research on banking stress tests is spotlighted

European Banks Could be on Shaky Ground in a Crisis

Professor Viral Acharya is interviewed about his new research on European stress tests

Professor Viral Acharya is interviewed about his research on stress tests

Professor Viral Acharya discusses Raghuram Rajan's plan to rescue the Reserve Bank of India

Professor Viral Acharya discusses the merits of using conditional value-at-risk (CoVAR) for stress tests of investment companies

Professor Viral Acharya discusses challenges in financial regulation

In a co-authored op-ed, Professor Viral Acharya argues that borrowing in foreign currency by emerging market firms may threaten financial stability

Emerging Economy Corporate Debt: The Threat to Financial Stability

In an interview with Professor Daniel Altman, Professor Viral Acharya talks about his research on the impact of shadow banking on China’s financial markets

National Stock Exchange of India and NYU Stern Starts Indian Financial Markets Conference 2015

Professors Viral Acharya and Marti Subrahmanyam's participation in the Indian Financial Markets Conference in Mumbai is featured

National Stock Exchange of India and NYU Stern starts Indian Financial Markets Conference 2015

Professor Viral Acharya's comments from the IMF conference are highlighted

Professor Viral Acharya explains the impact of Dodd-Frank on Wall Street

Professors Viral Acharya and Matthew Richardson's research on banking regulations is featured

Prof. Viral Acharya on the European Central Bank's stress tests

Prof. Viral Acharya on the European Central Bank's quantitative easing

Areas of Expertise

Economics

  • Federal Reserve Bank/Central bank

Finance

  • Asset Management
  • Corporate Finance
  • Derivatives
  • Financial Regulation
  • Private Equity Funds

Information, Operations & Management Sciences

  • ITSolutions
  • Productivity and Performance
  • Social Media