Nayantara Hensel

NAYANTARA HENSEL
SPECIAL CONSULTANT

B.A. Harvard College
M.A. Harvard University
Ph.D. Harvard University

Dr. Hensel is a Special Consultant to Economists, Inc., and an Assistant Professor of Economics and Finance at the Graduate School of Business and Public Policy at the US Naval Postgraduate School, where she teaches the MBA Core Finance course and the MBA Advanced Finance course. She also recently served as the Secretary of the Navy’s Pentagon Scholar-in-Residence. Her areas of expertise include mergers, IPO’s, derivatives, domestic and international banking, venture capital, and consolidation in the US defense industrial base.

Dr. Hensel received her B.A. in Economics, magna cum laude, from Harvard University, where she was a member of Phi Beta Kappa. She received her M. A. and Ph.D. in Business Economics (Applied Economics) from Harvard University. Prior to joining the faculty at the US Naval Postgraduate School, Dr. Hensel taught at Harvard University and the Stern School of Business at NYU, was a Post-Doctoral Research Fellow at the NBER, served as a Senior Manager at Ernst & Young and the chief economist for its Litigation Advisory Services group, served as a managing economist for LECG, and served as an economist for NERA (part of Marsh and McLennan). She has a strong background in valuation and derivatives especially through her work in the Enron bankruptcy and through her work with commodities options and futures.

Dr. Hensel’s litigation experience has included market efficiency cases, 10b-5 damage analyses and event studies, IPO allocation cases, market timing cases, derivatives valuations and trading book valuations in bankruptcies, and breach of contract cases, Her litigation analyses have spanned a wide range of industries, including banking, energy, telecommunications, and manufacturing.

Dr. Hensel’s recent research has examined the efficiency of IPO auctions, economies of scale and density in the European and Japanese banking sectors, the impact of consolidation in the defense industrial base, policy concerns in the recent tanker competition between Boeing and Northrop Grumman / EADS, and the factors impacting personal discount rates. Her most recent publications have been in Business Economics, the International Journal of Managerial Finance, the Review of Financial Economics, the European Financial Management Journal and the Journal of Financial Transformation. She is the Chair of the Financial Roundtable for the National Association of Business Economists (NABE) and is one of 34 elected members to NBEIC, which is a group of the top corporate economists in the US. She has held leadership positions in a number of other organizations, including the Harvard Club of Boston and the Harvard Business School Club of New York. Dr. Hensel has given a number of seminars at institutions, including the Federal Reserve Bank of Chicago, the Federal Reserve Bank of Boston, Federal Reserve Bank of Cleveland London Business School, RAND, and Harvard University.