Paul R. Kutasovic, Ph.D.
Econometrics, Statistics & Economic Analysis
Paul R. Kutasovic brings to the team years of business experience in economic analysis and forecasting and a strong academic background. He has BS from Seton Hall University and completed d his Ph.D. in Economics and Finance at Rutgers University. Dr. Kutasovic is Associate Professor of Finance and Economics at the New York Institute of Technology.
Dr. Kutasovic’s areas of expertise include econometric and statistical modeling, macroeconomics and regional economic analysis, business forecasting and corporate and public sector finance. At NYIT, he teaches courses at the MBA and undergraduate and graduate levels in Finance, Corporate Finance, Money Markets Financial Institutions, Econometrics and Business Forecasting. As a consultant, he uses his extensive academic training in developing financial feasibility and economic impact studies.
Dr. Kutasovic began his career as manager of forecasting for AT&T where he was responsible for developing national and regional forecasting models for private line telephone services. He was also involved in evaluating the impact of rate increases and government legislation on telephone demand at the time that AT&T was undergoing divestiture.
He then joined First Pennsylvania Bank as Vice President and Senior Economist. At First Pennsylvania, he developed the bank’s macro and regional economic forecast, which included the Philadelphia, South Jersey, Delaware and Maryland region and was involved in developing the bank’s asset and liability decisions. He co-authored the banks weekly and monthly economic publications dealing with GNP, interest rates, employment and public policy issues. He was extensively quoted in The New York Times, Business Week, Industry Week, the Philadelphia Inquirer, and Money Market News.
In 1988, Dr. Kutasovic assumed his current position at New York Institute of Technology.
Other positions he has held include: Consultant to the New Japan Securities Company where he developed financial valuation models for banking firms and conducted industry-wide studies of the US banking industry and consultant to the Long Island Forum for Technology’s TECHCAP PROJECT where he developed a high technology database.
In addition to NYIT, Dr. Kutasovic has taught at Rutgers University and Montclair State College.