Andrew Karolyi

Andrew Karolyi is the Charles Field Knight Dean of the Cornell SC Johnson College of Business. He is a professor of finance and holder of the Harold Bierman Jr. Distinguished Professorship in the College’s Johnson Graduate School of Management. He is also a professor of economics in Cornell's College of Arts and Sciences. Professor Karolyi is a scholar in the area of investment management with a specialization in the study of international financial markets. He has published extensively in journals in finance and economics, including the Journal of Finance, Journal of Financial Economics and Review of Financial Studies, and has published several books and monographs. His research is featured in print and electronic media, including The Wall Street Journal, Financial Times, The Economist, Time, New York Times, Washington Post, Forbes, BusinessWeek, and CNBC. Karolyi recently completed a four-year term as executive editor of the Review of Financial Studies, one of the top-tier journals in finance. He has also served as an associate editor for a variety of journals, including the Journal of Finance, Journal of Financial Economics, Journal of Empirical Finance, Journal of Banking and Finance, Review of Finance and the Pacific Basin Finance Journal. He is a recipient of the Michael Jensen Prize for Corporate Finance and Organizations (2017), the Fama/DFA Prize for Capital Markets and Asset Pricing (2005), the William F. Sharpe Award for Scholarship in Finance (2001), the Journal of Empirical Finance's Biennial Best Paper Prize (2006), and Johnson School's Prize for Excellence in Research (2010). He leads various executive education programs in the U.S., Canada, Europe, and Asia, and is actively involved in consulting with corporations, banks, investment firms, stock exchanges, and law firms. He is president-elect/program chair of the Western Finance Association, has served as a director of the American Finance Association, and is past chairperson of the board of trustees and past president of the Financial Management Association International. Karolyi received his BA (Honors) in economics from McGill University and worked at the Bank of Canada for several years in its research department. He subsequently earned his MBA and PhD degrees in finance at the Graduate School of Business of the University of Chicago.

Faculty Expertise

• Asset Management
• Corporate Finance
• Emerging Markets
• Finance
• Global Business
• Investments

Academic Degrees

• Ph D University of Chicago, Graduate School of Business, 1989
• MBA University of Chicago, Graduate School of Business, 1987
• MA University of Ottawa, 1985
• BA McGill University, 1983

Companies

• Charles Field Knight Dean and Harold Bierman Jr Distinguished Professor of Management Cornell SC Johnson College of Business (2021)
• Dean Of Academic Affairs and Harold Bierman Jr Distinguished Professor of Management Cornell SC Johnson College of Business (2018 — 2021)
• Associate Dean of Academic Affairs, JGSM and Harold Bierman Jr Distinguished Professor of Management Cornell SC Johnson College of Business (2016 — 2018)
• Harold Bierman Jr Distinguished Professor of Management and Professor of Finance Cornell Johnson Graduate School of Management (2009 — 2016)
• Professor of Finance The Ohio State University Fisher College of Business (1989 — 2009)
• Associate Professor Ivey Business School at Western University (1996 — 1998)
• Assistant Professor Alberta School of Business, University of Alberta (1988 — 1989)
• Economist Bank of Canada (1983 — 1985)