Uday Rajan's research focuses on informational frictions such as adverse selection and moral hazard and their effect on market transactions, with recent work on the role of credit ratings in the financial markets and on FinTech competition in banking. Uday was a Vice President of Fixed Income Research at Drexel Burnham Lambert in the late 1980s, and received a PhD in Economics from Stanford University in 1995. His research has been published in top-tier journals such as the American Economic Review, Journal of Finance, Journal of Financial Economics, and Review of Financial Studies. He has received the Goldman Sachs Asset Management award for the best paper in the Review of Finance and the NYSE award for the best paper on equity trading at the WFA meetings. He has been an Editor of the Review of Corporate Finance Studies, an Associate Editor of the Journal of Finance and Management Science, and an editorial board member of Marketing Science. He is a former President of the Finance Theory Group and former Director of the Western Finance Association, and is currently a Director of the Financial Intermediation Research Society. He has received MBA teaching awards at the Ross School and at Carnegie Mellon, and a PhD teaching award at the Ross School.