London Business School Term Chair Professor of Finance
BS (Delhi), MS MBA MiF (Illinois), PhD (Columbia)
Dr Vikrant Vig’s research interests lie in the area of financial contracting and include: financial intermediation, firm’s choice of optimal debt structure, corporate governance, and law and finance. His current research focuses on the sub-prime mortgage market in the US where he investigates how securitisation affects the incentives of different agents in the supply-chain of credit.
Vikrant has won several awards for his research on Securitisation. In 2008, his paper titled ‘Did Securitisation Lead to Lax Screening: Evidence from Subprime Loans’, won the best paper award at the European Finance Association meetings. The paper also won several other awards, such as the Mitsui Best Paper Award at the University of Michigan conference.
Dr Vig’s research on securitisation was cited in a number of congressional hearings in the US on the optimal policy response to the current housing crisis. More recently, his paper on the effect of labour regulations on capital structure, won the best paper award at the European Finance Association 2010 meetings.
At the London Business School, Vikrant teaches the Investments (core) course to full-time Masters in Finance students and a specialised Financial Economics course to PhD students. In 2009 and 2011, Vikrant was the runner-up for the best teaching award in the Masters in Finance programme.