Timothy Luehrman
Encyclopedia
Timothy A. Luehrman is a Finance
academic at Harvard Business School
.http://drfd.hbs.edu/fit/public/facultyInfo.do;jsessionid=KbTnMGSRXjtRqMW5psdBDrGKR3t0RnLJpxHbgT1KYZKk6jTSjdDf!528537621!815275569?facInfo=bio&facId=6974 He is best known for his work on valuation and real options; specifically, he conceived the idea of treating business strategy as a series of options
, http://www.valuebasedmanagement.net/methods_realoptions.html and his papers here http://hbr.org/product/strategy-as-a-portfolio-of-real-options/an/98506-PDF-ENGhttp://hbr.org/product/investment-opportunities-as-real-options-getting-s/an/98404-PDF-ENG are widely quoted.
His research focuses on international corporate finance, advanced valuation techniques, and long-horizon financial management. He has published numerous books, research articles and case studies for both scholars and practitioners. http://drfd.hbs.edu/fit/public/facultyInfo.do;jsessionid=Lr42pYqCxpxpvcYcpDYnsmbRPhJ0SsKJbJKG3dLFLL6RMVPG9VWm!1347027881!-45341698?facInfo=pub&facId=6974
He has held appointments at the MIT Sloan School of Management
, IMD
and the Thunderbird School of Global Management
. He was also a Managing Director at Standard & Poor’s Corporate Value Consulting division and a partner at PricewaterhouseCoopers
. During 2003-2004 he was a member of the Financial Accounting Standards Board
’s Option Valuation Group.http://drfd.hbs.edu/fit/public/facultyInfo.do;jsessionid=KbTnMGSRXjtRqMW5psdBDrGKR3t0RnLJpxHbgT1KYZKk6jTSjdDf!528537621!815275569?facInfo=bio&facId=6974
He received his B.A.
in Economics from Amherst College
(1979), MBA from Harvard Business School
(1983), and Ph.D.
in Business economics
from the Harvard Graduate School of Arts and Sciences
(1986).http://drfd.hbs.edu/fit/public/facultyInfo.do;jsessionid=KbTnMGSRXjtRqMW5psdBDrGKR3t0RnLJpxHbgT1KYZKk6jTSjdDf!528537621!815275569?facInfo=bio&facId=6974
Finance
"Finance" is often defined simply as the management of money or “funds” management Modern finance, however, is a family of business activity that includes the origination, marketing, and management of cash and money surrogates through a variety of capital accounts, instruments, and markets created...
academic at Harvard Business School
Harvard Business School
Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...
.http://drfd.hbs.edu/fit/public/facultyInfo.do;jsessionid=KbTnMGSRXjtRqMW5psdBDrGKR3t0RnLJpxHbgT1KYZKk6jTSjdDf!528537621!815275569?facInfo=bio&facId=6974 He is best known for his work on valuation and real options; specifically, he conceived the idea of treating business strategy as a series of options
Option (finance)
In finance, an option is a derivative financial instrument that specifies a contract between two parties for a future transaction on an asset at a reference price. The buyer of the option gains the right, but not the obligation, to engage in that transaction, while the seller incurs the...
, http://www.valuebasedmanagement.net/methods_realoptions.html and his papers here http://hbr.org/product/strategy-as-a-portfolio-of-real-options/an/98506-PDF-ENGhttp://hbr.org/product/investment-opportunities-as-real-options-getting-s/an/98404-PDF-ENG are widely quoted.
His research focuses on international corporate finance, advanced valuation techniques, and long-horizon financial management. He has published numerous books, research articles and case studies for both scholars and practitioners. http://drfd.hbs.edu/fit/public/facultyInfo.do;jsessionid=Lr42pYqCxpxpvcYcpDYnsmbRPhJ0SsKJbJKG3dLFLL6RMVPG9VWm!1347027881!-45341698?facInfo=pub&facId=6974
He has held appointments at the MIT Sloan School of Management
MIT Sloan School of Management
The MIT Sloan School of Management is the business school of the Massachusetts Institute of Technology, in Cambridge, Massachusetts....
, IMD
International Institute for Management Development
IMD - International Institute for Management Development is a non profit business school located in Lausanne, Switzerland.- History & Mission :...
and the Thunderbird School of Global Management
Thunderbird School of Global Management
Thunderbird School of Global Management is a private business school whose main campus is located in Glendale, Arizona. Founded in 1946 by retired U.S...
. He was also a Managing Director at Standard & Poor’s Corporate Value Consulting division and a partner at PricewaterhouseCoopers
PricewaterhouseCoopers
PricewaterhouseCoopers is a global professional services firm headquartered in London, United Kingdom. It is the world's largest professional services firm measured by revenues and one of the "Big Four" accountancy firms....
. During 2003-2004 he was a member of the Financial Accounting Standards Board
Financial Accounting Standards Board
The Financial Accounting Standards Board is a private, not-for-profit organization whose primary purpose is to develop generally accepted accounting principles within the United States in the public's interest...
’s Option Valuation Group.http://drfd.hbs.edu/fit/public/facultyInfo.do;jsessionid=KbTnMGSRXjtRqMW5psdBDrGKR3t0RnLJpxHbgT1KYZKk6jTSjdDf!528537621!815275569?facInfo=bio&facId=6974
He received his B.A.
Bachelor of Arts
A Bachelor of Arts , from the Latin artium baccalaureus, is a bachelor's degree awarded for an undergraduate course or program in either the liberal arts, the sciences, or both...
in Economics from Amherst College
Amherst College
Amherst College is a private liberal arts college located in Amherst, Massachusetts, United States. Amherst is an exclusively undergraduate four-year institution and enrolled 1,744 students in the fall of 2009...
(1979), MBA from Harvard Business School
Harvard Business School
Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...
(1983), and Ph.D.
Ph.D.
A Ph.D. is a Doctor of Philosophy, an academic degree.Ph.D. may also refer to:* Ph.D. , a 1980s British group*Piled Higher and Deeper, a web comic strip*PhD: Phantasy Degree, a Korean comic series* PhD Docbook renderer, an XML renderer...
in Business economics
Business economics
Business economics as a field in applied economics uses economic theory and quantitative methods to analyze business enterprises and the factors contributing to the diversity of organizational structures and the relationships of firms with labour, capital and product markets...
from the Harvard Graduate School of Arts and Sciences
Harvard Graduate School of Arts and Sciences
The Graduate School of Arts and Sciences is the academic unit responsible for many post-baccalaureate degree programs offered through the Faculty of Arts and Sciences at Harvard University...
(1986).http://drfd.hbs.edu/fit/public/facultyInfo.do;jsessionid=KbTnMGSRXjtRqMW5psdBDrGKR3t0RnLJpxHbgT1KYZKk6jTSjdDf!528537621!815275569?facInfo=bio&facId=6974