Paul Asquith is the Gordon Y Billard Professor of Finance at M.I.T.'s Sloan School where he has been on the faculty for twenty-seven years. He currently teaches Introduction to Corporate Finance. Professor Asquith has also developed and taught three other courses at M.I.T.: Advanced Corporate Finance, Mergers and Acquisitions, and Security Design. He previously taught at Harvard University for ten years, and in the M.B.A. program at the University of Chicago. He is the recipient of many teaching awards including fifteen Teaching Excellence Awards from M.I.T., Harvard, and Duke. He is also the inaugural recipient of M.I.T’s Jamieson Prize for Excellence in Teaching.
Professor Asquith received his A.M. and Ph.D. from the University of Chicago. A member of the American Accounting Association, the American Finance Association, and the Financial Management Association, Professor Asquith has been a regular a discussant at financial conferences. In 1985 he spent his sabbatical year at Salomon Brothers. Professor Asquith was previously Associate Editor of the Journal of Financial Economics, the Journal of Financial and Quantitative Analysis, and Financial Management. Professor Asquith was also elected a Research Associate of the National Bureau of Economic Research. Professor Asquith was formerly a Director of Aurora National Life Assurance Company. He has advised many corporations including Citicorp, IBM, Merck, Morgan Guaranty, Price Waterhouse, Royal Bank of Canada, Salomon Brothers, Toronto Dominion Bank, and Xerox, and also served as an expert witness in both Federal Court and the Delaware Chancery Court.