Marti G. Subrahmanyam is the Charles E. Merrill Professor of Finance and Economics in the Stern School of Business at New York University. He holds a degree in mechanical engineering from the Indian Institute of Technology, Madras, and a post-graduate diploma in business administration from the Indian Institute of Management, Ahmedabad. Both institutions conferred on him their Distinguished Alumnus Award. He earned a doctorate in finance and economics from the Massachusetts Institute of Technology. Professor Subrahmanyam has published over one hundred articles in leading academic journals and several books in the areas of corporate finance, capital markets and international finance. He has served on over sixty doctoral dissertation committees and has chaired over thirty five of them. He has been a visiting professor at leading academic institutions around the world. Professor Subrahmanyam currently serves on the editorial boards of many academic journals and was the founding editor of the Review of Derivatives Research. He has won many teaching awards including New York University’s Distinguished Teaching Medal. He has served as a consultant to several institutions around the world. He also sits on the boards of several companies, in Asia, Europe and North America, and has served as an advisor to international and government organizations.