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David Cowen

David Cowen

Joined Stern 2009

Leonard N. Stern School of Business
Kaufman Management Center
44 West Fourth Street,
New York, NY 10012

E-mail dcowen@stern.nyu.edu


David Cowen joined New York University Stern School of Business as an Adjunct Professor in 2009.

Professor Cowen is currently the President and C.E.O. of the Museum of American Finance. He is also the founder and managing member of Quasar Capital Partners, a global macro hedge fund.

He is co-author of Financial Founding Fathers: The Men Who Made America Rich (2006), and author of The Origins and Economic Impact of the First Bank of the United States, 1791-97 (2000). His journal articles include co-author of "Alexander Hamilton, Central Banker: Crisis Management during the U.S. Financial Panic of 1792," (2009), and "The First Bank of the United States and the Securities Market Crash of 1792," (2000). The latter article was Co-Recipient of the Program In Early American Economy and Society (PEAES) 2000 award for "Best Journal Article in Early American Economic History." He is also co-author of "Capital at Risk - A More Consistent and Intuitive Measure of Risk."

Prior to starting Quasar, Professor Cowen was a foreign exchange trader. He spent twelve years in the FX department of Bankers Trust and two years in the FX department at Deutsche Bank.

Research Interests

  • Historical Studies of Money
  • Banking
  • Finance

Courses Taught

  • Global Perspectives on Enterprise Systems

Academic Background

Ph.D., American History, 1999

M.A., American History, 1990

M.B.A., Finance, 1987
The Wharton School of the University of Pennsylvania

B.A., History, 1982
Columbia College

Areas of Expertise


  • Currencies & Foreign Exchange
  • Economic History