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Uday Rajan

Uday Rajan

Associate Professor of Finance; Chair of Finance and Real Estate



Ph.D., Stanford University
MSIA, Carnegie Mellon University
BA, University Of Delhi

Uday Rajan's research focuses on informational frictions such as adverse selection and moral hazard and their effect on market transactions, with recent work on the role of the board in the presence of activist investors and on the default behavior of subprime mortgages in the years before the financial crisis. Uday was a Vice President of Fixed Income Research at Drexel Burnham Lambert in the late 1980s, and received a PhD in Economics from Stanford University in 1995. His research has been published in the American Economic Review, Journal of Finance, Journal of Financial Economics and Review of Financial Studies. He has received the GSAM award for best paper in the Review of Finance and the NYSE award for best paper on equity trading at the WFA meetings. He is an Associate Editor of the Journal of Finance and Management Science and has been an editorial review board member at Marketing Science. He was on the first board of the Finance Theory Group. He has received MBA teaching awards at the Ross School and at Carnegie Mellon, and a PhD teaching award at the Ross School.


Uday Rajan
Stephen M. Ross School of Business
University of Michigan
701 Tappan St.
Ann Arbor, MI 48109-1234

Office Location: R5434

Phone: (734) 764-2310
Fax: (734) 936-0279
E-Mail: urajan@umich.edu
Personal Site
Google Scholar Site



Working Papers | Faculty Vita
Finance Web Site