Prof. Sumit AGARWAL

Former IAS Senior Visiting Fellow
William G. Droms Term Professor of Finance
Georgetown University

Prof. Sumit AGARWAL

Former IAS Senior Visiting Fellow
William G. Droms Term Professor of Finance
Georgetown University

Research Areas:
Financial Institutions, Political Economy, Household Finance, Behavioral Economics, Real Estate and Urban Economics

Prof. Sumit Agarwal received his MA and PhD in Economics from University of Wisconsin – Milwaukee in 1995 and 1999 respectively. He was a Senior Vice President and Credit Risk Management Executive in the Small Business Risk Solutions Group of Bank of America from 2000 to 2006, and a Senior Financial Economist at the Federal Reserve Bank of Chicago from 2006 to 2012. From 2012 to 2016, he was the Low Tuck Kwong Professor at the School of Business and a Professor in the departments of Economics, Finance and Real Estate at the National University of Singapore. He then moved to Georgetown University and is currently William G. Droms Term Professor of Finance at the McDonough School of Business.

Prof. Agarwal’s research interests include issues relating to financial institutions, household finance, behavioral finance, international finance, real estate markets, urban economics and capital markets. He is the co-editor of Real Estate Economics and associate editor at Management Science and Journal of Financial Services Research. Additionally, he has co-edited a collected volume on Household Credit Usage: Personal Debt and Mortgages.

Prof. Agarwal has won various prestigious awards including the Paul A. Samuelson Certificate of Excellence from TIAA-CREF, the Terker Family Prizes in Investment Research Award from the Wharton School of Business, the Glucksman Institute Research Award from New York University and grants from the Russell Sage Foundation and the National Bureau of Economic Research (NBER) /Sloan Foundation.

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