Ed is the Max L. Heine Professor of Finance, Emeritus, at the Stern School of Business, New York University. He is the Director of Research in Credit and Debt Markets at the NYU Salomon Center for the Study of Financial Institutions. Prior to this, Professor Altman chaired the Stern School’s MBA Program for 12 years. Dr. Altman was named to the Max L. Heine endowed professorship at Stern in 1988. Dr. Altman is recognised internationally as an expert in corporate bankruptcy, high yield bonds, distressed debt and credit risk analysis. His pioneer work on the Z-Score model published in 1968 formed the basis of the current scoring models now available at Wiserfunding.