Meet the Team

Madhav Rajan is Dean of the University of Chicago Booth School of Business and George Pratt Shultz Professor of Accounting. 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 research on the role of information in incentive contracting, the value of nonfinancial and subjective performance measures, and the structural properties and usefulness of common financial ratios.

Before joining Booth, Rajan spent 16 years on the faculty of the Stanford University Graduate School of Business where he was the Robert K. Jaedicke Professor of Accounting, with a courtesy appointment in the Law School. He served as senior associate dean for academic affairs from 2010-2016, overseeing the school’s MBA program. From 2002-2010, he was area coordinator for the accounting faculty group. Previously, he served on the faculty at the Wharton School of the University of Pennsylvania, from 1990-2001.

While at Stanford, Rajan received the Robert T. Davis Award for Lifetime Achievement and Service (2017), and the Notable Contribution to Management Accounting Literature Award (2004). He also was the recipient of the David W. Hauck Award for Outstanding Teaching at Wharton (2000) and the Alexander Henderson Award for Excellence in Economic Theory (1990).

Rajan has served as editor of The Accounting Review, as well as Associate Editor for both the Accounting and Operations areas for Management Science. He has twice been a plenary speaker at the AAA Management Accounting Conference. He is coauthor of Cost Accounting: A Managerial Emphasis, whose 16th edition was published by Pearson Prentice Hall in January 2017. He is also coauthor of Managerial Accounting, whose first edition was published by Pearson in January 2013.

He is a Director of Cavium, Inc. and iShares, Inc. and a Trustee of the iShares Trust.

Rajan received his Bachelor’s degree in Commerce from the University of Madras, India, and an MS in Accounting, an MS in Industrial Administration, and a PhD in Accounting from Carnegie Mellon University.

Nadya Mason is the Dean of the Pritzker School of Molecular Engineering (PME) and Interim Vice President for Science, Innovation, and Partnerships at the University of Chicago.

Mason specializes in experimental studies of quantum materials, with a research focus on the electronic properties of nanoscale and correlated systems, such as nano-scale wires, atomically thin membranes, and nanostructured superconductors. Her research is relevant to applications involving nanoscale and quantum computing elements.

Before becoming dean of PME, Mason was the Rosalyn S. Yalow Professor of Physics at the University of Illinois at Urbana-Champaign, where she directed the Illinois Beckman Institute for Advanced Science and Technology and also served as founding director of the Illinois Materials Research Science and Engineering Center (I-MRSEC).

In addition to maintaining a rigorous research program and teaching, Mason works to build community in the physical sciences, particularly through mentoring, and is former chair of the APS Committee on Minorities, where she helped initiate the “National Mentoring Community.” Mason can also be seen promoting science on local TV, at the Chicago Museum of Science and Industry, and in a TED talk on “Scientific Curiosity.”

Mason received her B.S. from Harvard University and her PhD from Stanford University, both in physics. Among her many honors, she is a member of the National Academy of Sciences and the American Academy of Arts and Sciences and has been recognized for her work with awards, including the 2009 Denise Denton Emerging Leader Award, the 2012 APS Maria Goeppert Mayer Award, the 2019 APS Bouchet Award, and the 2025 Richtmyer Memorial Lecture Award.