Tuesday, December 1, 2009

The Stevanovich Center for Financial Mathematics


The University of Chicago is one of the most prestigious universities in the midwestern United States, so it comes as no surprise that a man like Steve G. Stevanovich would allow his name to be put on to an educational center like the Stevanovich Center for Financial Mathematics. Steve G. Stevanovich donated $7 million to the University of Chicago to make this center possible. His reasons for doing so can be told best in his own words:
"World financial markets are becoming more and more complex and mathematics is increasingly becoming an invaluable and necessary tool in understanding these markets. The financial mathematics program at the University of Chicago is at the forefront of providing students the necessary tools to filter and decode this complexity. It is an honor for me to be a part of this endeavor and to continue the legacy of excellence at the University of Chicago."

Steve G. Stevanovich received his undergraduate degree from the University of Chicago and went on to found an asset management firm that has offices in North America, Asia, and Europe. The Stevanovich Center for Financial Mathematics brings together financial professionals and mathematical scholars in order to help solve the problems facing the financial industry. Looking at what has happened in the past few years to this industry, this is indeed the time for the Stevanovich Center for Financial Mathematics to make its mark on the world.

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