Ronald Schramm

Focus areas: The Chinese economy and financial system; international finance; currency risk and hedging; the international cost of capital

Professor Ron Schramm has been conducting research related to China since the early 1990s and is on the faculty of the International Business School of Suzhou as an Associate . He is PhD Program Director and also the MSc Economics program Director. He is on XJTLU’s Research Steering Committee and is Finance Editor for the International Journal of Emerging Markets. He had been on the faculty of Columbia Business School for over 27 years. He holds a bachelor’s degree from Harvard University (with honors) and Master of Arts, Master of Philosophy and PhD in Economics from Columbia University.

He was a Fulbright Scholar at the University of International Business and Economics in Beijing (where he taught the first course ever in corporate valuation — 2003); a Visiting Scholar at Shanghai Jiao Tong University (2000); and a Visiting Scholar at Hong Kong University of Science and Technology (1997). He is a Visiting Professor at Chinese-European International Business School (CEIBS) in Shanghai 2008-2015. In 2010, Professor Schramm taught the inaugural course in a new Kenyan EMBA program jointly sponsored by Columbia Business School, Goldman-Sachs and USIU. As an Economist at the International Monetary Fund (IMF) in the early 1990s, Professor Schramm worked on debt workouts for heavily indebted countries and was instrumental in the reform of the foreign exchange system of Uganda. He has done consulting work for the World Bank. The course in corporate finance was offered in Nairobi, Kenya. He founded and led the China Business and Economy Group of the Harvard Club of New York City. Ron recently completed a textbook on China and the United States: The Chinese Macroeconomy and Financial System: A US Perspective Routledge/Taylor&Francis/ME Sharpe

Professor Schramm has taught the widest range of courses of any faculty member at Columbia — having taught the PhD course in econometrics, forecasting, managerial economics, macroeconomics, international business, international financial management, international valuation and corporate finance. He was the first recipient of the prestigious Chazen Institute Award for case writing on an international topic. He has led Columbia’s MBA and EMBA course in China for over 13 years. In addition to his research related to China, Professor Schramm specializes in international financial management. As an Economist at the International Monetary Fund (IMF) in the early 1990s, Professor Schramm worked on debt workouts for heavily indebted countries and was instrumental in the reform of the foreign exchange system of Uganda. He has done consulting work for the World Bank. He recently supervised the writing of over 40 business school cases at Kenyatta University in Kenya. He was Associate Director of Columbia’s Center for International Business Cycle Research where he wrote and edited numerous publications related to the international economic outlook. He is also CEO and founder of China Macro Finance in New York City.

Professor Schramm speaks Chinese.

Honors and Awards

• Columbia University SIPA Teaching Award (Spring 2017)
• Chazen Institute Award for International Business
• Columbia University's President Fellow (1979-80)
• Columbia University Fellow (1978-79)

• Harvard College Scholarship (1972-76)