Dr. Raghuram Rajan is perhaps the most well-known contemporary banker-economist of Indian origin. He began his academic journey, like many Indian luminaries, in the field of economics and other social and hard sciences, at Indian Institute of Technology (IIT). Born in Bhopal, Dr. Rajan graduated from IIT Delhi in 1985 with a B.Tech. in mechanical engineering. Immediately after graduating college, he entered the MBA program at Indian Institute of Management (IIM) Ahmedabad, graduating in 1987.