As dean of Booth, Madhav Rajan has focused on deepening the school’s ties to the University of Chicago, attracting and retaining the best faculty, completing the new campuses in Hong Kong and London, and bringing the University campaign to a strong finish.
His primary area of research interest is the economics-based analysis of management accounting issues, especially as they relate to the choice of internal control and performance systems in firms. He has carried out analytical, empirical, and field-based work on the role of information in incentive contracting, the value of nonfinancial and subjective performance measures, and the structural properties and usefulness of financial ratios.
Rajan has served as editor of the Accounting Review, as well as associate editor for both the accounting and operations sections of Management Science. He is coauthor of Cost Accounting: A Managerial Emphasis, whose 17th edition will be published by Pearson Prentice Hall in 2020. He is also coauthor of Managerial Accounting, published by Pearson in 2013.
He is a director of iShares Inc. and a trustee of the iShares Trust.