School Notes: School of Management
September/October 2007

Top finance academic joins faculty

Andrew Metrick ’89, ’89MA, an associate professor at the University of Pennsylvania's Wharton School, has been named professor of finance at SOM and will begin his new position on January 1, 2008. Metrick joined the faculty at Wharton in 1999; before that he spent five years teaching economics at Harvard University. He has been honored with more than a dozen teaching awards and distinctions, including two years (2003 and 2007) as the highest-rated professor in the Wharton MBA program. In 1998, he received the highest teaching honor at Harvard College, and in 2005 he received the highest teaching honor at the University of Pennsylvania. Metrick is considered a rising star in finance. In his most recent research, he created a method that makes it easier for venture capitalists to calculate realistic valuations of start-ups, high-growth companies, and IPOs. The model is outlined in his book Venture Capital and the Finance of Innovation (John Wiley & Sons, 2006). Dean Joel M. Podolny commented, "Andrew is an exceptional scholar, with important, creative contributions in a number of areas of finance. I am delighted that he is joining our distinguished finance faculty."

Two professors to be New York Times columnists

The New York Times named Bob Shiller, Stanley B. Resor Professor of Economics, and Judith Chevalier ’89, William S. Beinecke Professor of Finance and Economics, as rotating columnists for The Economic View. The column runs on Sundays in the business section and covers a variety of economic subjects. The two will be part of an eight-economist group that will write the column.

New faculty in varied disciplines

New assistant professors bring to SOM their expertise in organizational behavior, accounting, economics, and marketing. Daylian Cain, assistant professor of organizational behavior, joins Yale from Harvard University's economics department, where he was the Russell Sage Fellow of Behavioral Economics. He holds master's degrees in philosophy, ethics, and organizational behavior, and received a PhD in organizational behavior from Carnegie Mellon University's Tepper School of Business. Merle Ederhof, assistant professor of accounting, is from the doctoral program in accounting at the Stanford Graduate School of Business. Her research focuses on managerial accounting issues, executive compensation, incentive contracts, and corporate governance. Ahmed Mushfiq Mobarak, assistant professor of economics, taught development economics at the University of Colorado-Boulder. He has also held positions at the World Bank and the International Monetary Fund. He received an MA and PhD in economics from the University of Maryland-College Park. Oliver Rutz, assistant professor of marketing, joins Yale from the doctoral program in marketing at the UCLA Anderson School of Management, where he also received his MBA. His current research focuses on Internet advertising and search engine marketing.