Success Stories: Assistant Professor of Finance in Texas Receives EB-1B Approval in 2 Months, 9 Days
Client’s Testimonial:
This is great news! Thank you very much for all your help!
General Field: Finance
Position at the Time of Case Filing: Assistant Professor of Finance
Petitioner: A Private Research University
National Origin: India
Service Center: Texas Service Center (TSC)
State Residing at the Time of Filing: Texas
Approval Notice Date: March 4, 2014
Processing Time: 2 Months, 9 Days
Case Summary:
North America Immigration Law Group – WeGreened.com represented an assistant professor who had demonstrated that banks are inclined to reduce the amount of loans that are available to firms distinct from the housing market while the housing market has low interest rates. As an assistant professor, he had researched reputation concerns and balance sheets of banks on firms. This client had also researched the impact of agency problems and coordination frictions between investors and management on financing and investment policies for firms, as well as the reduction of these problems through optimal contracting choices. At the time of filing this case, the client’s work had resulted in 11 conference papers and 3 journal articles. Researchers in the field of Finance had cited the aforementioned publications 206 times at the time of filing this case, clearly demonstrating international recognition for his outstanding achievements. In addition, this client had been invited to review 16 scholarly articles for widespread journals. One independent recommender explained: “In addition to this research, [Client] has also lent his expertise towards the impact of agency problems on firm policy. This is a hot topic for the United States, as incentives for banks have been shown to have a direct correspondence to borrowing willingness. [Client] has demonstrated through his research that U.S. banks do not benefit from business growth, as they are largely dependent on loan interest. If a business grows at an exceptional rate, and is able to pay off their loans faster, the bank in turn makes less money. As [Client] identified in his research, the only advantage of a business growing is that the initial loans will be paid off instead of being lost to bankruptcy filings. Therefore, [Client] has noted that an increase in incentives for banks will lead to more loans, growth in businesses, and substantial economic growth.” This EB-1B (Outstanding Professors and Researchers) petition received approval 2 months, 9 days after filing.

