July 24, 2003

LOS ANGELES — The Anderson School at UCLA announces that Dr. Raghuram Rajan, the recently appointed economic counselor and director of research at the International Monetary Fund (IMF), is serving as a distinguished visiting international scholar for the next month. Prof. Rajan was invited to The Anderson School by Prof. Bhagwan Chowdhry under the auspices of UCLA’s Center for International Business Education and Research (CIBER) Distinguished Visiting Scholars Program.

“We’re pleased to have in our midst a scholar of Prof. Rajan’s intellect,” said Prof. Chowdhry, who is director of UCLA’s CIBER. “His presence helps us fulfill our CIBER’s mission of enriching our curriculum with timely, pertinent and scholarly international content.”

While he is here, Prof. Rajan will give public lectures about his book “Saving Capitalism from Capitalists: Unleashing the Power of Financial Markets to Create Wealth and Spread Opportunity,” written with Luigi Zangales (February 2003, Crown Business Division of Random House). In addition to a talk at the Milken Institute, Prof. Rajan will give a lecture on Tuesday, Aug. 12, 2003, at 4 p.m. at The Anderson School. Along with addressing issues from his book, he will discuss other topical issues related to international finance.

Dr. Rajan is the Joseph L. Gidwitz Professor of Finance at the Graduate School of Business at the University of Chicago. He teaches courses in financial management and financial theory and is a noted scholar in the areas of international finance, banking, and corporate governance. He has been awarded numerous prizes for his publications in the Journal of Finance, including the Smith Breeden Prize and the Brattle Prize. Earlier this year, Prof. Rajan was given the American Finance Association’s Inaugural Fisher Black Prize, which goes to the person under 40 who has contributed the most to the theory and practice of finance. He has received numerous grants over the years, including four National Science Foundation Grants and a Sloan Foundation Grant, among others. Click here to visit Prof. Rajan's personal homepage.

In addition to the honors he has received for academic achievement, Prof. Rajan has held many coveted scholarly posts. He is a member of the board of directors of the American Finance Association and a program director, corporate finance, at the National Bureau of Economic Research. He has also been a consultant for the World Bank, the Federal Reserve Board and the Swedish Parliamentary Commission. He was appointed to his IMF role earlier this month.

About The Center for International Business Education and Research
Through its academic, research and external programs, CIBER seeks to enrich the international content of the business school curriculum, providing funding to faculty and doctoral students working on projects related to the international activities of US-based corporations. CIBER has established the Advanced International Management (AIM) program, which prepares MBA students for international leadership roles through an integrated focus on global research, course work and innovative activities.

About The Anderson School at UCLA
The Anderson School at UCLA is perennially ranked among the top-tier business schools in the world. Award-winning faculty renowned for their research and teaching, highly selective admissions, successful alumni and world-class facilities combine to provide an extraordinary learning environment. Established in 1935, The Anderson School provides management education to more than 1,400 students enrolled in full-time, part-time and executive MBA programs and doctoral programs.

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