He is currently on the Executive Committee of the Salomon Center for the Study of Financial Institutions, New York University. He has served as a visiting professor all over the world, including INSEAD, the Stockholm School of Economics, and the University of Melbourne. Throughout his academic career, his teaching and research have specialized in financial institutions and international banking. Saunders has taught both undergraduate and graduate level courses at New York University since 1978. Schiff Professor of Finance and the former chair of the Department of Finance at the Stern School of Business at New York University. Although the traditional nature of each sector's product activity is analyzed, a greater emphasis is placed on new areas of activities such as asset securitization, off-balance-sheet banking, and international banking.Īnthony Saunders received his Ph.D. The central theme is that the risks faced by financial institutions managers and the methods and markets through which these risks are managed are becoming increasingly similar whether an institution is chartered as a commercial bank, a savings bank, an investment bank, or an insurance company. Saunders and Cornett's Financial Institutions Management: A Risk Management Approach provides an innovative approach that focuses on managing return and risk in modern financial institutions.