Professor Hodrick is known for her ground-breaking research on the corporate financial decisions made by firms, with a particular interest in share repurchases and dividends, takeovers, and equity offerings. In recognition, she has earned the National Science Foundation Presidential Young Investigator Award, a Smith Breeden Prize for Distinguished Paper in the Journal of Finance, the Western Finance Association's Trefftzs Award, a Roger F. Murray Award for Excellence from the Institute for Quantitative Research in Finance, and numerous research grants. Her work has been published in such acclaimed journals as the American Economic Review, Journal of Finance, Journal of Financial Economics, and Management Science among others. She has served as a National Fellow at the Hoover Institution on War, Revolution, and Peace at Stanford and was selected as one of "Forty Under Forty" by Crain's Chicago Business. Her professional activities include serving as co-editor of the Journal of Economics and Management Strategy 2005-2010, associate editor for the Journal of Finance 2000-2003, and as associate editor for Financial Management 1999-2006. Her commentaries have recently appeared in such media outlets as the Wall Street Journal, the Financial Times, Forbes, the Chicago Tribune, the Los Angeles Times, Le Figaro, and the Brisbane Times.
Professor Hodrick has also received many awards for teaching excellence, including the Columbia University Presidential Award for Outstanding Teaching in 2006. She has received the Singhvi Prize for Scholarship in the Classroom at Columbia Business School three times (1997, 2005, and 2006) and has been named the most popular professor at Columbia Business School by Business Week. Prior to joining the Columbia Business School faculty in 1996, Professor Hodrick was a professor at the Kellogg Graduate School of Management at Northwestern University, where she was recipient of the Teacher of the Year award.
Professor Hodrick was a Managing Director at Deutsche Bank from 2006-2008, where she was Global Head of Alternative Investment Strategies. She served on the Global Markets Research Management Committee, oversaw Global Markets Research graduate recruiting, and was co-captain of the Columbia Business School graduate recruiting team. She served as a panelist at the 2007 Women on Wall Street conference.