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Financial Innovation and Its Impact on Economic Growth and Development-History and Future
Mar 25, 2021 1:00 pm – 2:30 pm
Join CFA Society Nashville on Thursday, March 25 from 12:00 – 1:30 pm CST as we welcome Robert C. Merton, Distinguished Professor of Finance, MIT Sloan School & Nobel Laureate – Economics 1997, to discuss “Financial Innovation and its Impact on Economic Growth and Development – History and Future.”
His research focuses on finance theory, including lifecycle and retirement finance, optimal portfolio selection, capital asset pricing, pricing of derivative securities, credit risk, loan guarantees, financial innovation, the dynamics of institutional change, and improving the methods of measuring and managing macro-financial risk.
PLEASE REGISTER BY WEDNESDAY, MARCH 24.
SPEAKERS
Robert C. Merton
Robert C. Merton is Resident Scientist at Dimensional since 2009. He is the School of Management Distinguished Professor of Finance at the MIT Sloan School of Management and John and Natty McArthur University Professor Emeritus at Harvard University since 2010. He was the George Fisher Baker Professor of Business Administration (1988–98) and the John and Natty McArthur University Professor (1998–2010) at Harvard Business School. After receiving a Ph.D. in Economics from MIT in 1970, Merton served on the finance faculty of MIT’s Sloan School of Management until 1988 at which time he was J.C. Penney Professor of Management. Professor Merton served as an independent member, Board of Directors, Dimensional Funds from 2003-2009.
He received the Alfred Nobel Memorial Prize in Economic Sciences in 1997 for a new method to determine the value of derivatives. He is past president of the American Finance Association, a member of the National Academy of Sciences, and a Fellow of the American Academy of Arts and Sciences.
He has also been recognized for translating finance science into practice. He received the inaugural Financial Engineer of the Year Award from the International Association for Quantitative Finance (formerly International Association of Financial Engineers), which also elected him a Senior Fellow. He received the 2011 CME Group Melamed-Arditti Innovation Award, and the 2013 WFE Award for Excellence from World Federation of Exchanges. A Distinguished Fellow of the Institute for Quantitative Research in Finance (‘Q Group’) and a Fellow of the Financial Management Association, Professor Merton received the Nicholas Molodovsky Award from the CFA Institute. He is a member of the Halls of Fame of the Fixed Income Analyst Society, Risk, and Derivative Strategy magazines. Merton received Risk’s Lifetime Achievement Award for contributions to the field of risk management and the 2014 Lifetime Achievement Award from the Financial Intermediation Research Society. He received the 2017 Finance Diamond Prize from Fundación de Investigación, IMEF.
He received a B.S. in Engineering Mathematics from Columbia University, a M.S. in Applied Mathematics from California Institute of Technology and a Ph.D. in Economics from Massachusetts Institute of Technology. He holds honorary degrees from nineteen universities including the University of Chicago. http://robertcmerton.com/