Antoinette Schoar

Michael M. Koerner (1949) Professor of Entrepreneurship
Professor of Finance


Antoinette Schoar Antoinette Schoar teaches in the areas of corporate finance and entrepreneurship. While at the MIT Sloan School of Management, she developed a new second-year elective course on entrepreneurial finance.

Her current research examines returns and capital flows in the venture capital industry, the effect of managerial styles on corporate policies, and the impact of corporate governance changes on a firm’s performance. Her paper, “The Effects of Corporate Diversification on Productivity,” won the 2003 Journal of Finance Brattle Prize. She has published several papers in The Journal of Finance, The Journal of Financial Economics, and The Quarterly Journal of Economics. Her work also has been featured in The Financial Times, The New York Times, and The Economist.

Schoar is a member of the American Finance Association and the National Bureau of Economic Research. Prior to starting her graduate studies, she worked at Daimler Benz and McKinsey & Company.

She holds a PhD in economics from the University of Chicago and an undergraduate degree from the University of Cologne, Germany. While a student, she received several prestigious scholarships from the German National Scholarship foundation, the ministry of commerce, and the George Stigler Center at the University of Chicago.

Faculty Media

  • How Your Junk Mail Shows if You’re Rich or Poor

    If you want to know what credit card companies think of you, look at your mail.

  • Profit Is Less About Good Management than You Think

    Value investors like Graham and Buffett believe that the sources of sustainable returns on capital are not a company’s human assets but their so-called “economic moats,” structural, durable...

  • Is Brand Strategy A Myth?

    What if you followed the instructions of a Jim Collins or Tom Peters and transformed your company’s management practices to emulate the winning case studies in these books? That would surely make a...

  • Opinion: Your Financial Adviser May Want Your Money for the Wrong Reasons

    Investment advice business needs its own Hippocratic Oath.

  • Fraud Fed the Mortgage Crisis

    Expanded mortgage lending in low-income neighborhoods before the foreclosure crisis was helped along by fraud—namely, the overstating of borrower income on loan applications, according to new...

  • Study Challenges Housing Bust Common Wisdom

    We are constantly learning new stuff about the housing bubble – and some of the new stuff contradicts the old. Now comes a study that rejects or qualifies much of this received wisdom. Conducted by...

  • How to Get Financial Advice Worth Your Money

    In an effort to create a successful retirement portfolio, investors often find their way to professionals who loosely call themselves advisers or their services financial planning, even though they...

  • The Cost of Compliance

    The ongoing debate on the financial scandal involving the Saradha group in West Bengal has put the focus on chit funds, one of the oldest but still poorly understood financial institutions in India.

  • The most influential academics in the institutional investing world.

    Sovereign funds beware: Schoar and her collaborators will call you out for shortsightedness. "We've written a paper, and updated it (in 2011, titled 'The Investment Strategies of Sovereign Wealth...

  • Financial Advisors Encourage Bad Behavior

    Seeking financial advice is bad for your wealth. New research by top academics concludes that the advisor industry mostly reinforces bad behavior, rather than fixing it, even when clients start...


Contact Information

Office: E62-638
Phone: 617-253-3763
Fax: 617-258-6855
Support Staff
Name: Safia Albaiti
Phone: (617) 253-9747

Teaches In