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Ajay Subramanian

Bruce A. Palmer Professor    

Ph.D. (applied mathematics), Cornell University
M.S. (mathematics), Cornell University
M.A. (physics), State University of New York at Stony Brook
B.Tech., Indian Institute of Technology in Bombay


Financial economics
Microeconomic theory
Industrial organization
Applied probability


Ajay Subramanian is the Bruce A. Palmer Professor in the Robinson College of Business at Georgia State University. He got a B. Tech. in Engineering Physics from the Indian Institute of Technology, Bombay; a Master of Arts in Physics from Stony Brook University, New York; a Master of Science in Mathematics from Cornell University; and a Ph.D. in Applied Mathematics from Cornell University. He spent almost four years in industry as a quantitative research associate at Susquehanna International Group in Bala Cynwyd, PA before returning to academia. His current research interests lie in financial economics, microeconomic theory and industrial organization. He teaches courses on “Quantitative Financial Risk Models” and “Stochastic Interest Rate and Credit Risk Models” in the master’s program in Mathematical Risk Management and a Ph.D. course on “Game Theory and Mechanism Design.” In the past, he has taught undergraduate and master’s courses on “Derivative Securities” and “Financial Risk Management” and Ph.D. courses on “Stochastic Processes” and “Asset Pricing Theory.”