Faculty Snapshot: Unique program joins the fashion and business industries

Tavy Ronen

Associate professor in the Department of Finance & Economics, vice-director of the Whitcomb Center for Research in Financial Services, founding director of the RBS Business of Fashion Programs, director of the Center for Business of Fashion.

Expertise: Market microstructure, corporate bond markets, efficiency, liquidity and credit markets, finance issues in the fashion and beauty industries. The Rutgers Business School, Business of Fashion programs are the pioneer rigorous business school programs contextualized for the fashion and luxury beauty industries in the Tri-State area. The cross disciplinary nature of the program and rigor in quantitative fields renders it the only program of its kind domestically.

Current research: Ronen's research interests include credit and equity market efficiency, liquidity, market microstructure and the finance of fashion. Specific markets of interest include corporate bond markets, credit derivative markets, asset backed securities, subprime markets, equity market structure and emerging equity markets. Microstructure issues include price discovery of equity, corporate bond and CDS markets, transparency, market regulation, transitory volatility, market mechanisms, and formation of prices after trading and non-trading periods.

Her favorite class to teach: Finance for Fashion. "It was so much fun to put this class together, and even more wonderful to teach it! The students who sign up are really the best of both worlds and I love engaging with them!" said Ronen.

Outside the classroom: "I love enjoying everything New York City has to offer. Going to the theater is at the top of my list of great things to do. I have tons of hobbies and am always trying to find a second to spend on them. I also like to work as an expert witness on securities litigation cases. I don't do it often, but when I do it is very exciting. I end up learning a lot. It helps me do more exciting research," she said.

Why she likes academia: "To be honest, I have always been around academics. Both my parents were professors and I started my doctoral studies at the Stern School of Business at NYU when I was 21. I sort of grew up knowing this is what I was going to do, and what I wanted to do," Ronen said.

-Sean Ireland