Columbia Business School Practice Prize is awarded to recognize a faculty member who has made significant contributions to the practice of business and policy. “Practice” in this context can mean for-profit, not-for-profit, or policy. The award is open to full-time Columbia Business School faculty who have demonstrated scholarly work that has had a major positive impact on the public or private sector, generating positive impacts on society, increasing firm profitability or efficiency, shaping the leadership structure of an organization, or affecting regulation or government policy.
Eligibility Criteria:
- Open to full-time faculty members
- Demonstrated scholarly work that has had a major positive impact on the public or private sector
- Significant impact of the scholarly work on practice could take the form of generating positive impacts on society increasing firm profitability or efficiency shaping the leadership structure of an organization affecting regulation or government policy
- Preference will be given to faculty members who have produced a body of work rather than a single paper that has had a positive impact on practice.
- Concrete examples of how the scholarly work impacted practice should include references to the scholarly work and the name(s) of companies or organizations that were impacted.
- As you are thinking about nominations, consider how someone from outside the world of academia would describe the contributions of the candidate(s).
Submit a nomination by completing the online nomination form by Monday, December 15, 2025.
Please attach a 1–2 page document that clearly articulates specific examples of how the nominee’s scholarly contributions have informed or influenced professional practice. The document should include appropriate references to the relevant scholarly work and identify the companies or organizations that have been impacted.
A committee led by the Office of the Vice Dean for Research will carefully evaluate all nominations based on the specified criteria.
Past Recipients
2025 - The inaugural Columbia Business School Practice Prize recipient was Stijn Van Nieuwerburgh, Earle W. Kazis and Benjamin Schore Professor of Real Estate in the Finance Division, in recognition of his groundbreaking research on the intersection of housing, asset pricing, and macroeconomics — what he calls the urban doom loop. We are happy to announce that we are now accepting nominations for the Columbia Business School Practice Prize.