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Faculty Profile: Debarshi K Nandy

Debarshi K Nandy

Associate Professor of Finance in the Brandeis International Business School and the Heller School for Social Policy and Management

Entrepreneurial Finance, Corporate Finance, Financial Intermediation.
Specific interests in Entrepreneurial finance and financing of Innovation, Business Dynamism, Syndicated Lending markets, Hedge Funds, Corporate Restructuring, Small Business financing, and Firm Productivity,

Debarshi Nandy is an Associate Professor of Finance at the International Business School of Brandeis University and an affiliated faculty member of the Department of Economics at Brandeis University. His research interests are in the fields of entrepreneurial finance and innovation, corporate finance, and financial intermediation. Nandy’s research has been published in leading journals in financial economics, such as the Journal of Financial Economics, the Review of Financial Studies, and the Journal of Financial and Quantitative Analysis. He is a visiting research fellow at the Boston Research Data Center of the Center for Economic Studies of the U.S. Census Bureau and the National Bureau of Economic Research, and has received multiple research grants, both from the National Science Foundation in the U.S. and the Social Sciences and Humanities Research Council of Canada. He is also a mentor and advisor to several startups in the greater Boston area. Nandy holds a BSc (Hons) and M.Sc. in economics from the University of Calcutta, India, and a PhD in finance from Boston College.

Boston College, Ph.D.
University of Calcutta, M.S.


Awards & Honors:
  • (2015 - 2016) Provost Research Award
  • (2012) Fama/DFA Prize for Capital Markets and Asset Pricing, second place for the best paper published in the Journal of Financial Economics in 2011.
  • (2012 - 2018) National Science Foundation (NSF), SES grant number-1156246, for $315,046 titled, “Market Access and Border Entrepreneurship”
  • (2010) Outstanding Financial Institutions Paper, Eastern Finance Association (EFA)
  • (2010 - 2011) Social Sciences and Humanities Research Council of Canada (SSHRC), Standard Research Grant for $75,500.00. PI on Evolution and Success of Entrepreneurial Activity: Evidence from Micro-Data
  • (2008 - 2011) Social Sciences and Humanities Research Council of Canada (SSHRC), Special Business Research Grant for $155,000.00. Co-PI with Nadia Massoud on Hedge Funds Syndicated Lending and Short Selling: Their Impact on Corporate Survival Rates
  • (2007 - 2010) Social Sciences and Humanities Research Council of Canada (SSHRC), Standard Research Grant for $62,000.00. Co-PI with Yisong Tian on Corporate Governance, Managerial Equity Incentives and Firm Productivity
  • (2005 - 2008) Social Sciences and Humanities Research Council of Canada (SSHRC), Standard Research Grant for $90,192.00. PI on Effect of new Equity Issues and Corporate Restructuring on Product Market Performance
  • (2002 - 2003) Donald J. White Teaching Excellence Award for Best Teaching Fellow, Boston College
  • (1998) Best Paper in Financial Institutions, Financial Management Association (FMA) for The Determinants of Contract Terms in Bank Revolving Credit Agreements