He was born in Bhopal, Madhya Pradesh in a Tamil family.He graduated from the Indian Institute of Technology, Delhi with a bachelor's degree in electrical engineering in 1985. He won Director's Gold Medal in IIT Delhi. He acquired a Post Graduate Diploma in Business Administration from the Indian Institute of Management Ahmedabad in 1987. He was aGold medalist at IIM Ahmedabad. He received a Ph.D. in Management from the MIT Sloan School of Management in 1991 for his thesis titled "Essays on Banking". He joined the Booth School of Business at the University of Chicago after graduation.
· Youngest-ever Economic Counselor and Director of Research (chief economist) at the International Monetary Fund (October 2003 to December 2006).
· Inaugural recipient of the Fischer Black Prize awarded by the American Finance Association for contributions to the theory and practice of finance by an economist under age 40 (2003).
· Awarded the 5th Deutsche Bank Prize in Financial Economics for highly influential contributions in a remarkably broad range of areas in financial economics by Center for Financial Studies.
The man who warned the world about the crisis of 2008, three years before it hit. He is there for our country ("INDIA") when it matter the most instead of doing in abroad. Raghuram Rajan's book "fault lines" is on the required reading list of the united states marine corps . Think about the scenario , An american military organisation uses an Indian authored book to keep its officers updated on the fault lines in america's economy.
Down to earth character:
The most badass economist watching the match with normal people. This photo is from Sachin 200th test match which he attended that after becoming governor of RBI..didn't used his power/position but bought normal seat.#Massive_Respect
Respect every profession.
India should feel proud to have a person like you:-
Raghuram G. Rajan, Winner of the 2013 Deutsche Bank Prize in Financial Economics, The Center for Financial Studies
Winner of the 2010 Business Book of the Year Award, Financial Times and Goldman Sachs
Winner of the 2010 PROSE Award in Economics, American Publishers Awards
Winner of the 2011 Gold Medal in Finance/Investment/Economics, Independent Publisher Book Awards
Winner of the 2010 Gold Medal Book of the Year Award in Business & Economics, ForeWord Reviews
Finalist for the 2010 Paul A. Samuelson Award, TIAA-CREF
Finalist for the 2010 Book of the Year Award in Business and Economics, ForeWord Reviews
One of strategy+business magazine's Best Business Books of the Year for 2010
Best Crisis Book by an Economist and Named one of Bloomberg News's Thirty Business Books of the Year for 2010
One of Financial Times's Books of the Year in Business & Economics, Nonfiction Round-Up for 2010
Finalist for the 2011 Estoril Global Issues Distinguished Book Prize