Yasaswy had a bright academic career. He obtained his graduation degree in Commerce from Andhra University, where he stood as the first rank-holder, after which he pursued Chartered Accountancy and there too he emerged as a topper. Till 1980, he served the Administrative Staff College of India as a faculty.
Yasaswy served as the Chairman of Andhra Pradesh State Trading Corporation from 1985 to 1988 and Vice-Chairman of the Public Enterprises Management Board from 1986 to 1988. He also served as the member of the SEBI (Securities & Exchange Board of India) Committee on Accounting Standards. He also served on the Board of Directors of the ACIIA (Association of Certified International Investment Analysts), Switzerland. Yasaswy used to analyse the annual budget. He authored books on investments and finance. The books he authored are Finance and Profits, Intelligent Stock Market Investing, and Personal Investment and Tax Planning.