Dr. Vinay Asthana is an Associate Professor in the area of Finance. He earned his doctorate from the Indian Institute of Management (IIM) Lucknow. He also holds professional qualification in cost and management accounting (ICWA) and has cleared the National Eligibility Test conducted by the University Grants Commission (UGC).
He has diverse professional experience that ranges from entrepreneurship to government service. He returned to academics primarily because he was deeply fascinated by the mysterious nature of risk, particularly the risk of rare disasters. In his doctoral thesis he has employed the rare disaster framework, juxtaposed with the concept of spirit of capitalism, to explain several well-known asset pricing puzzles. He has presented his research papers at various national and international conferences in India and abroad. For his doctoral work he won the Marti Subrahmanyam Award at IIM Bangalore.
His research interests include disasters (in all forms: macroeconomic/ financial/ natural), asset pricing, financial economics, and real estate economics.