
Aswath Damodaran NYU teaches corporate finance and valuation with a passion that's hard to find in academia. He's a renowned professor at New York University's Stern School of Business.
Damodaran is known for his work in equity valuation, and his website is a treasure trove of knowledge for investors and finance professionals. He's written over 25 books on finance, including popular titles like "Applied Corporate Finance" and "Damodaran on Valuation".
Damodaran's courses at NYU cover a wide range of topics in finance, including corporate finance, valuation, and investment management. He's also been recognized for his contributions to the field of finance, including being named one of the top 100 most influential people in finance by Bloomberg.
With a career spanning over three decades, Damodaran has established himself as a leading authority in finance education. His work continues to inspire and educate students and professionals around the world.
For another approach, see: What Insurances Does Nyu Langone Accept
Publications and Courses
Aswath Damodaran is a prolific author with a wide range of publications to his name.
In 2010, he wrote "Comatose Markets: What if Liquidity is Not the Norm?" and "A New 'Risky' World Order: Unstable Risk Premiums: Implications for Practice".
Selected Publications

Aswath Damodaran has written extensively on finance, with notable publications in 2010.
One of his notable works is "Comatose Markets: What if Liquidity is Not the Norm?" which highlights the challenges of navigating markets with low liquidity.
In another publication, "A New 'Risky' World Order: Unstable Risk Premiums: Implications for Practice", Damodaran explores the implications of unstable risk premiums on financial decision-making.
Additional reading: Risk Free Rate Aswath Damodaran
Week 2: Sep 2
Week 2: Sep 2 was a packed week, and I'm excited to share some key takeaways with you.
The Risk Free Rate is a crucial concept to understand, and it's defined as the rate of return on a risk-free investment, such as a US Treasury bond.
The Equity Risk Premium, on the other hand, is the excess return that investors expect to earn on stocks over the risk-free rate.
Relative Risk Measures are used to compare the risk of different investments, and they're an essential tool for any investor.
On a similar theme: Country Risk Premium Aswath Damodaran
The Costs of Debt and Capital are also important to consider, as they can significantly impact the overall cost of a project or investment.
Estimating Cash Flows is a critical step in any financial analysis, and it requires careful consideration of various factors, including revenue and expenses.
Estimating Growth is also essential, as it helps investors understand the potential future value of an investment.
Terminal Value is a concept that represents the present value of all future cash flows beyond a certain point in time.
Value Enhancement is the process of increasing the value of an investment or project, and it's often achieved through strategic decisions.
Here are some key topics that were covered in Week 2:
- The Risk Free Rate
- The Equity Risk Premium
- Relative Risk Measures
- The Costs of Debt and Capital
- Estimating Cash Flows
- Estimating Growth
- Terminal Value
- Value Enhancement
This week also included a Quiz 1 on Sep. 20, so be sure to mark your calendars and get studying!
Corporate Finance and Valuation
Aswath Damodaran, a professor at the NYU Stern School of Business, is known for his expertise in corporate finance and valuation. He has a unique perspective on the subject, which he shared in a public lecture at CERGE-EI's Applied Economics Discovery Hub.
According to Professor Damodaran, valuation is not a science, but rather a craft that can be learned through practice. He emphasizes that if you get the right inputs, you should get the right output, but in valuation, there's an element of magic that can't be taught.
Professor Damodaran's views on valuation are reflected in his work as a professor and researcher. He has written numerous publications, including research papers, working papers, and journal articles, which can be found on the CERGE-EI website.
Here are some of his notable publications:
- Grant Projects
- Journal Articles
- Working Papers
- Dissertations
- Master Theses
- Insights Research Digest
- Other Publications
- IDEA Think Tank
- Ask Our Experts
These publications demonstrate Professor Damodaran's expertise in corporate finance and valuation, and provide valuable insights for those interested in the subject.
Expert Insights
Aswath Damodaran is a renowned finance professor at New York University's Stern School of Business. He has written extensively on valuation and has developed a comprehensive framework for estimating the cost of capital.
Damodaran is known for his work on equity risk premium, which he estimates to be around 5-6% above the risk-free rate. He also emphasizes the importance of adjusting for size and industry effects when estimating the cost of capital.
In his research, Damodaran has identified several key factors that affect the cost of capital, including market risk, size, and industry effects. He has also developed a model to estimate the cost of capital for individual companies.
Damodaran's work has been widely cited and has influenced the field of finance. His research has been used by investors, companies, and regulators to estimate the cost of capital and make informed investment decisions.
Damodaran's expertise in valuation has been recognized through various awards and honors. He has received the CFA Institute's Gruber Award for his contributions to the field of finance.
Frequently Asked Questions
Why is Aswath Damodaran so famous?
Aswath Damodaran is famous for his expertise in valuation, as seen in his numerous books and global speaking engagements. His work has made him a leading authority in the field of finance.
Does Aswath Damodaran still teach?
Aswath Damodaran is a Professor of Finance at New York University, but the current status of his teaching schedule is not specified in the provided information.
How did Aswath Damodaran make his money?
Aswath Damodaran earns money from various sources, including book sales, teaching at NYU, and conducting valuation seminars worldwide. His diverse income streams have contributed to his financial success.
Is Aswath Damodaran rich?
Aswath Damodaran's net worth is estimated at $5.16 million, indicating a comfortable financial situation. However, his wealth is still relatively modest compared to some of his peers in the finance industry.
Who is the best valuation Professor?
Meet Aswath Damodaran, widely regarded as the "Dean of Valuation," a renowned NYU Stern Professor and expert in equity valuation. His insights drive headlines and make him the go-to authority on valuation.
Sources
- https://www.stern.nyu.edu/faculty/bio/aswath-damodaran
- https://www.cerge-ei.cz/public-lectures/2016-05-26/prof-aswath-damodaran-nyu-stern-school-of-business-corporate-finance-and-valuation
- https://www.morningstar.com/podcasts/the-long-view/e945c896-180e-45fc-9057-2b070a83c6fd
- https://execed.stern.nyu.edu/products/advanced-valuation-with-aswath-damodaran
- https://www.stern.nyu.edu/experience-stern/news-events/only-stern-nyu-stern-professor-aswath-damodaran-teaching-equity-valuation
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