Her research focuses on debt contracting, credit rating agencies, off-balance sheet financing and disclosure issues in financial reporting. Prior to joining NYU Stern, Professor Kraft held various positions at Deutsche Bank and JPMorgan in Corporate Equity Derivatives and Mergers & Acquisitions Advisory. She is a Chartered Financial Analyst and a member of the New York Society of Security Analysts. Professor Kraft received her B.Sc. with honors in Accounting and Finance from the London School of Economics, her M.Sc. in Banking and Finance from HEC University of Lausanne, and her Ph.D. in Accounting from the University of Chicago's Booth School of Business.