Babson Professor Michael Goldstein Selected as 2024 AACSB Influential Leader 

Babson College Finance Professor Michael Goldstein has been selected as one of 22 business school faculty honored in the 2024 Class of Influential Leaders by AACSB International, the world’s largest business education alliance.  

The annual initiative recognizes notable alumni and faculty from AACSB-accredited business schools whose work inspires positive change in the business world and society at large, and the class this year features faculty leading impact through their research. 

Goldstein, the Donald P. Babson Chair in Applied Investments, has been recognized for his research and impact on climate change, which “focuses on pricing the effects of near-term climate change, with a particular concentration on pricing the economic impacts of climate variance,” according to AACSB’s profile. 

“I am deeply appreciative of Babson Associate Deans of Faculty Danna Greenberg and Donna Stoddard for nominating me for this high honor,” Goldstein said.

Much of his climate research is centered on the Arctic region, particularly its shipping industry and sea ice conditions. Goldstein has received two U.S. National Science Foundation grants related to the Arctic economy to help fund trips for Babson students as part of the course Arctic Economics: Climate and Policy, which involves a mix of coursework, research, and excursions. For a little over two weeks, students studied at Nord University in Bodø, Norway, and were joined in the course with students and faculty from Nord and Brown University. Previously, Goldstein brought Babson students to Canada’s Northwest Territories to study ice roads used by long-haul truck drivers. 

“Michael Goldstein’s work demonstrates the potential of business school research to address some of today’s most critical challenges,” said Lily Bi, AACSB president and CEO. “The knowledge Michael Goldstein is producing will help inform and create real change in the world.” 

AACSB is a global nonprofit association, connecting educators, students, and business to achieve a common goal: to create the next generation of great leaders.