Michael D’Emic

Michael DEmicMichael (Mike) D’Emic has been an adjunct professor of business and technology management at the Polytechnic Institute of New York University since 2006. He specializes in corporate finance, accounting and managerial economics. He has also taught economics and accounting at Molloy College and Wagner College, respectively.

For the thirty years prior to his entry into teaching, Mike pursued an active career in financial management. From 1998 to 2005, he served as the chief financial officer of the American Stock Exchange (“Amex”), in which capacity he was responsible for managing critical transitions affecting the institution. Prior to this, Mike was a technical expert for the International Monetary Fund, most notably acting as the Fund’s accounting advisor to the National Bank of Ukraine, where he managed the bank’s transition from Soviet to International Financial Reporting Standards.

Between 1981 and 1994, Mike worked for Bankers Trust Company in New York, rising to the post of Vice President and Group Head in the corporate controllership, where he had charge of corporate accounting policy and regulatory reporting. He successfully managed the corporation-wide implementation of the Basle I risk-based capital guidelines. Mike represented Bankers Trust on the New York Clearing House Association’s Regulatory Sub-Committee for six years, including two as chairman, and was active in lobbying efforts with federal bank regulators. He initiated his career with Deloitte & Co. in Dublin, Ireland and later with Price Waterhouse in New York.

Mike earned his Ph.D. at the National University of Ireland (Cork), where he specialized on the historic origins of financial economics. He also holds the degrees of M.B.A. and M.Litt. from Trinity College, Dublin. He was awarded the prestigious Stokes Kennedy Crowley prize for his M.B.A. dissertation on the role of accounting in the Soviet economy. Mike earned his B.S. summa cum laude at Georgetown University and was elected a member of Phi Beta Kappa and Dobro Slovo. He is the author of two technical training texts used by the technical assistance team of De Nederlandsche Bank and was recently published in the Journal of Markets and Morality (Spring 2013). He is also a contributor the Ethika Politika.