Luke Stein ’98

Luke Stein is a proud member of the HCHS class of 1998, with whom he sang in Jazz Chorus, competed for the math and debate teams, and performed in Brick Prison. He is a teacher and scholar of financial economics, currently as Assistant Professor of Finance at Babson College in Wellesley, MA. Luke earned his PhD in Economics from Stanford University, and an AB in Applied Mathematics with a Citation in Japanese Language from Harvard University.

Prior to joining Babson, Luke taught finance and economics courses at the high school through doctoral levels at Stanford University and Arizona State University. His commitment to students has been widely awarded, including as Babson’s 2022 “Graduate Professor of the Year,” and with Stanford’s Gores Award, the university’s highest award for excellence in teaching. Luke is also a recognized leader in helping college faculty around the world implement technological solutions for effectively teaching remotely.

His main research interests lie at the intersection of corporate finance and labor economics, including work on financial history, entrepreneurial finance, financial uncertainty, and the economics of discrimination. He has published peer-reviewed papers in the Review of Financial Studies (on the effects of banks serving formerly-enslaved Black Americans after the Civil War), the Journal of Corporate Finance (on distraction among corporate executives and board members), and the Economic Journal (on discrimination in online classified advertisements).

Luke previously worked in New York and Tokyo as a consultant on corporate strategy and private equity due diligence with Bain & Company. He also served on the Obama-Biden Presidential Transition Team, and in the Office of Strategic Initiatives at the New York City Department of Education. Luke lives in Newton, MA with his wife and eight- and five-year-old daughters.