BCF in the News

• Jacob Berman ’20 wins the Spirit of Princeton prize. Jacob Berman is a senior from New York City majoring in economics with certificates in finance and political economy.
• Congratulations to Nicholas Johnson on being named Class of 2020 Valedictorian.  Nicholas is currently working on a research project with Professor Yacine Ait-Sahalia, the Otto A. Hack ’03 Professor of Finance and professor of economics, in which he is developing a reinforcement learning agent to execute large financial trade orders with minimal market distortion.
• Princeton BCF COVID-19 webinar series information and registration.
• Important information regarding BCF and COVID-19 available here
• The 2020 Sophomore Spring Open House has unfortunately had to be cancelled this year. For more information go here
• Speech by Federal Reserve Governor Lael Brainard on the digitization of payments and currency cites Markus Brunnermeier/Harold James research: some issues for consideration:
• Princeton BCF’s Master in Finance program has been named the top Financial Engineering program in the US for the second year in a row by Quantnet in its 2020 rankings and in 2020 the top Quant Finance program globally by Risk.net.
• A Column by Markus Brunnermeier and JP Landau  presents a framework for Central Banks in the fight against climate change and options to factor in risk assessments and capital ratios.
• BCF and Economics were in full force at AEA/ASSA Conference in San Diego Jan. 3-5.
• Princeton BCF’s Master in Finance program ranked #1 for second year in a row in Quantnet in its 2020 rankings
• Santa Visits BCF!
• BCF Faculty member Nobuhiro Kiyotaki has been awarded an honorary doctorate by Edinburgh University.
• Op-ed by JC de Swaan in Financial Times
• Financial Times columnist @martinwolf_ called last week’s #DigitalMoney event at @PIIE “the intellectual high point” of his time at the IMF and World Bank Annual Meetings. Read his take on the forum with @MarkusEconomist, Fed Governor Brainard, & more: https://ft.com/content/fc079a6a-f4ad-11e9-a79c-bc9acae3b654?shareType=nongift…
• Central banks should start issuing digital currencies to protect themselves against threats posed by the likes of Facebook Inc.’s Libra token and the gradual disappearance of cash, according to Markus Brunnermeier in Bloomberg Law.
• Brunnermeier/Koby Reversal Rate Research featured in Financial Times T Free Lunch: Can further monetary stimulus still be effective?
• New BCF and Econ Faculty member Jonathan Payne recently won two awards for his paper “The Disruption of Long-Term Bank Credit
  – The Distinguished CESifo (Center for Economic Studies) Affiliate Award at the CESifo Annual Area Conference on Macro, Money and International Finance (Awarded on 16th July 2019)
  – The CICM (China International Conference in Macroeconomics) 2019 Best Junior Scholar Paper Award (Awarded on June 23rd 2019)
• Princeton alumni and guests heard from an expert panel on how artificial intelligence and alt data are playing an increasingly large role in fintech at TigerTalks in the City: AI, Alt Data and the FinTech Frontier on May 9, co-sponsored by BCF and PEC
• BCF deeply mourns the unduly passing of our brilliant colleague and friend, Alan Krueger, who through his research, teaching and public service made the world a better place.
• The Bendheim Center for Finance and the entire Princeton community mourns the death of John Clifton “Jack” Bogle ’51, founder of Vanguard and a longtime member of the BCF Advisory Council. Jack was a friend, mentor and hero to us all.
• Princeton BCF’s MFIN program #1 in inaugural Risk.net Quant Master’s Programs Ranking and Quantnet in its 2019 rankings
• On October 4, Carolyn A. Wilkins, Senior Deputy Governor of the Bank of Canada shared her perspective on crypto asset and digital currencies. Watch the video   View the slides>>
• First-year Master in Finance students Elisabetta Cavallo, Amy Qin and Kayla Zhang won 3rd place in the second annual Princeton Data Open Datathon, sponsored by Citadel Investments, one of BCF’s Corporate Affiliates.
• BCF Director Markus Brunnermeier moderated the Reunions panel, Ten Years after the Financial Crisis: How Are Markets, Investors, Regulators, and the Public Faring.
• Markus Brunnermeier @SHouseofFinance  ”Banks may be micro prudent and macro imprudent”  [Slides]
• Markus Brunnermeier Appointed MAS Term Professor at NUS Business School
• Anne-Victoire Auriault named to Forbes’ “30 Under 30”
• Julis Romo Rabinowitz and Louis A. Simpson International Buildings win Architecture award
• Princeton alumni panelists, including MFIN alum Santiago Barona, drew a full crowd at the Feb. 22 TigerTalks in the City, held in Brooklyn, on the topic of cryptocurrencies, blockchain, ICOs, and more, cosponsored by BCF and PEC.
• Alumni Profile: Bryton Shang ’12 and Aquabyte
• Santa Visited BCF!
• Money matters: Markus Brunnermeier on the Fed, the banks and the future
• Danny Wilson is a BCF certificate in finance student who helped run the Innovation Conference at the Ivy League Summit Nov 10 – Featured in Huffington Post
• For anyone who lived through the early 1980s and early 1990s, the Great Recession two decades later should not have been a surprise, according to a working paper published by BCF Faculty member Atif Mian and others.
• Director Markus Brunnermeier interviewed in Financial Times: European leaders aim to seize the moment for reform
• Director Markus Brunnermeier interviewed in Wall Street Journal: What We Know About Financial Bubbles
• Japan Is Counting on Shareholder Activism to Improve Its Economy  by JC de Swaan
• Ulrich Mueller Named to Endowed Professorship
• Princeton Master in Finance program featured in Risk.net Quantitative Finance Guide
• The Center recognized three Master in Finance students for Academic Excellence at the Graduation celebration.  The prizes were awarded to Steven Burnett, Clement Lee and Joyce Li.  This is the inaugural year for the Award in Academic Excellence prize.
• Two Undergraduate Certificate in Finance students were also awarded on Class Day.  Brendan Hung, an ORF major, was awarded the Birch Family Prize.  This award is given to a graduating senior(s) with the highest grade point average in coursework related to the Undergraduate Certificate in Finance. Lu Wei, an ECO major, was awarded the Kathleen Traynor ’83 Prize.  This award is given to the graduating female senior with the highest GPA in coursework related to the Undergraduate Certificate in Finance
• Markus Brunnermeier interviewed in Is the World Overdoing Low Interest Rates?
• ESBies: safety in the tranches co-authored by Markus Brunnermeier
• Two Princeton University economists, Markus Brunnermeier and Yann Koby, have coined the term the “reversal rate” for the rate at which easy-monetary policy switches from stimulative to contractionary. Featured in Wall Street Journal.
• Director Markus Brunnermeier interviewed on Europe’s future
• MFIN Alumn Guillaume Rabate was named in the Forbes Top 30 under 30 for his leadership at Morgan Stanley in interest rates swaps.
• “The Euro and the Battle of Ideas”, co-authored by Director Markus Brunnermeier, Faculty Member Harold James and Jean-Pierre Landau from SciencesPo has been named to the Financial Times’ Best Books of 2016: Economics List.
• Director Markus Brunnermeier and Faculty member Harold James featured in many news outlets for The Euro and the Battle of Ideas
• UCF Students Wyatt Navarro and Sara Diressova and their team wins District College Fed Challenge
• Director Markus Brunnermeier and Ph.D Student Yann Koby featured in Newsmax.
• BCF MFIN wins top ranking by Quantnet for Employment Outcomes
• What Does the Vote for “Brexit” Mean for Britain and the EU?
• BCF Faculty Yuliy Sannikov wins Clark Medal.
• BCF Faculty Harold James appointed as the new International Monetary Fund Historian
• Graduate Students Share their Experiences at Princeton
• UCF student Tyler Rudolph named inaugural Schwarzman Scholars.
• Alan Blinder answered questions about the Fed’s decision to raise interest rates, what it will mean throughout the economy and the legacy of the record-low rates.
• Wei Xiong to be a co-editor of the Journal of Finance.
• Markus Brunnermeier Baffi Lecture at the Bank of Italy on Financial Dominance.
• Wei Xiong was recently featured for his research, “What’s the significance of the IMF elevating China’s currency?”.
• Olivier Darmouni, PhD Job market candidate, has been named a finalist for the BlackRock Applied Research Award.
• Markus Brunnermeier recently quoted in BDLive, The knotty madness of regulatory exuberance.
• Former Chairmen of the Federal Reserve Bank, Ben Bernanke visits The Bendheim Center for Finance.
• BCF Congratulates Nobel Prize Winner Angus Deaton.
• Markus Brunnermeier recently quoted in 4-Traders, The New Bond Market: How One Manager Doubles Down on Danger.
• Advisory Council Member, Bill Janeway establishes a fund to deepen connections between study of finance and other fields of economics.
• Wei Xiong was recently featured for his research, “Five charts that demystify the Chinese housing market”.
• Advisory Council Member Armino Fraga, announced as Board of Trustee.
• PhD student Alexander Rodnyansky receives 2015 Teaching Award.
• Harrison Hong was recently featured for his research, “The Rice Crisis: Tracking an asset-price bubble in the check-out line”.
• BCF Undergraduate Certificate Student, Neil Hannan, announced as the Class of 2015 Salutatorian.
• Congratulations to Matt Parker, BCF computer support specialist in receiving the 2014 President’s Achievement Award
• BCF featured story:  Interdisciplinary approach of Bendheim Center brings clarity to today’s evolving economy.
• BCF computer support specialist, Matt Parker featured in the Department of Labor of Labor Job Blog.
• BCF faculty member Nobu Kiyotaki wins the Banque de France – TSE Partnership senior prize for macroeconomics
• BCF faculty member Yuliy Sannikov wins the Fischer Black Prize
• BCF Director Markus Brunnermeier was recently featured in a New York Times article about fears of renewed instability as fed ends stimulus program.
• Founding BCF Director Yacine Ait-Sahalia announced that he is stepping down at the end of the 2013/2014 academic year after sixteen years at the helm and has been succeeded by Markus Brunnermeier, effective July 1, 2014.
• BCF faculty member Atif Mian was recently featured in a New York Times article about House of Debt, a book he co-authored with Amir Sufi featuring new research regarding the financial crisis.
• BCF faculty member Ronnie Sircar received a grant (along with Humboldt University) to launch a student and faculty exchange to develop new mathematical and statistical models related to the transition of energy production from fossil fuels to renewable technologies.
• MFin students Karen Leiton and Taylor Russell were recently featured in a Bloomberg Markets story on careers beyond investment banking.
• Gregory Chow was named a Distinguished Fellow of the American Economic Association.
• Two Princeton undergraduate certificate in finance students – Ankit Buddhiraju and Kubrat Danailov with two others teamed up for the Rotman International Trading Competition in Toronto in February 2014.  They were the top-ranking team of undergraduates from the USA, beating teams from institutions such as MIT, Stanford and Cornell
• Two Princeton undergraduate certificate in finance students — Tanner Smith and Luca Iliescu – were recently highlighted in an interactive feature on global summer projects.
• Hyun Shin was named Economic Advisor and Head of Research at the Bank of International Settlements, September 9, 2013.
• Ulrich Mueller was named by Handelsblatt as the top economist from a German-speaking country under the age of 40.  Complete list of the top 100.
• Daniel Kahneman — affiliated BCF faculty, a professor emeritus of psychology and a Nobel laureate in economics — will receive the Medal of Freedom from President Barack Obama in 2013, the White House announced Aug. 9.
• BCF Faculty advisee Lu Xia (Jianqing Fan, advisor) was one of five graduate students to be honored for excellence in teaching.
• Arminio Fraga PhD ’85, a member of the BCF Advisory Council, has been named the recipient of Princeton’s James Madison Medal, which was awarded on Alumni Day, Feb. 23, 2013.
• Jerome Powell ’75, a member of the BCF Advisory Council, has been confirmed by the Senate. He is one of two Princetonians named to the Federal Reserve Board.
• Chris Sims wins the 2011 Nobel Prize with Thomas Sargent of NYU for their research on cause and effect in macroeconomics. Chris Sims is the third BCF-affiliated faculty member to win the Nobel Prize in Economic Science since the BCF’s founding, after Danny Kahneman (2002) and Paul Krugman (2008).
• Markus Brunnermeier wins Guggenheim for “Financial Frictions and the Macroeconomy“
• Jianqing Fan wins Guggenheim for Statistical Studies on Massive Data
• Jianqing Fan has been elected for his contributions to Economics and Finance as Academician of Academia Sinica by the 30th Convocation of Academicians held July 2-5, 2012, in Taipei, Taiwan.
• BCF research is highlighted on the Research at Princeton website
• Wei Xiong, along with co-author, Zhigou He, has won the Smith Breeden Prize for the best capital market paper published in the Journal of Finance. The prize for “Rollover Risk and Credit Risk” was announced at the recent meetings of the American Finance Association.
• • Jose Scheinkman has been elected as a corresponding member of the Brazilian Academy of Sciences.  The induction ceremony will take place on May 7, 2013.
• • The BCF’s Master in Finance program has been ranked in the top 10 programs (listed in alpha order) by Advanced Trading in their 2012 Rankings of top quantitative finance programs. Quantnet has also ranked Princeton as a top program.
• Investment executive Mitch Julis, a member of Princeton’s class of 1977, has made a substantial gift to create the Julis-Rabinowitz Center for Public Policy and Finance
• Hyun Shin, who served as an adviser to the South Korean president, has won the annual essay contest on banking regulation sponsored by the International Centre for Financial Regulation and the Financial Times.
• Bendheim Center for Finance Celebrates 10th Anniversary with major Conference.
• Q&A with José Scheinkman on his new class: Lessons from financial crises
• Rene Carmona featured in “Professor Calculates a Cooler Planet“
• Robert A. Bendheim, Benefactor of The Bendheim Center for Finance and Loyal Princeton Alumnus, Dies at Age 93
• Bendheim Center for Finance Master in Finance Named One of the Top Programs by Quantnet. The Bendheim Center for Finance is pleased to be recognized as offering one of the top Master programs in finance, financial engineering or mathematical finance, by Quantnet. Quantnet ranked the various programs in groups of five, listing the programs alphabetically within each group. The BCF program was ranked in the top group, 1-5. While we are pleased with the ranking, applicants should note that it is not possible for any formulaic ranking to capture the distinctiveness of a program or to determine whether any program is the best choice for an individual student. We encourage students to use a variety of resources to find the best match for them.
• Alan Blinder Installed as John Kenneth Galbraith Fellow of the American Academy
• Markus Brunnermeier Wins 2008 Bernacer Prize
• Rene Carmona Named to Inaugural Group of SIAM Fellows
• Yacine Ait-Sahalia wins Guggenheim for “The Econometrics of Jumps and Volatility”
• Harrison Hong Awarded Fischer Black Prize
• Paul Krugman wins 2008 Nobel Prize “for his analysis of trade patterns and location of economic activity”
• Bendheim Faculty Discuss Financial Crisis
• The Wall Street Journal (May 16, 2008): Bernanke’s Bubble Laboratory
• EQuad News (Winter 2007): Everything to gain: Engineer takes on the financial world
• Jianqing Fan wins Morningside Gold Medal for Applied Mathematics
• Global Association of Risk Professionals (Sept/Oct 2007): The Metamorphosis of Finance Education
• Princeton Business Journal (June 26, 2007): A quiet power in finance
• Packet Online (August 1, 2006): Princeton University master’s degree in finance scores high marks
• The New York Sun (June 20, 2006): Princeton’s Finance Program A Popular Alternative to MBAs