Monday, October 19, 2009

Steve Stevanovich Gives Back to the University of Chicago




Asset manager, Steve Stevanovich, who has made a name for himself in the financial world, has now embarked on giving back to his alma mater, the University of Chicago. He has not only given a 7 million dollar endowment to establish the Steve Stevanovich Center for Financial Mathematics but he also lends a mentoring hand to students and financial managers.

Launched in 2006, the Steve Stevanovich Center for Financial Mathematics was formed to bring together mathematical theory and research with real world financial experience and academicians with financial experts. The result can be improved market analysis and risk assessment in the financial markets. The center is the only financial mathematics research school in the world and plans partnerships with other universities world wide. It offers a one year graduate program in Masters of Science in Financial Mathematics. By learning from mathematicians, researchers, economists and real world financial asset managers and practitioners, students learn different ways to interpret even subtle changes in the financial world, hopefully preventing a repeat of the tragic economic downturn of the past year.

The center will move to its own location in the renovated mathematics/ science building on the university campus. Seminar and conferences have been scheduled throughout the next year. Steve Stevanovich has been visionary and his goals has come to be.

Steve Stevanovich graduated from the University of Chicago with a Bachelors in Economics degree in 1985 and an MBA from the University of Chicago School of Business in 1990. He is a successful asset manager with a focus on integrity in asset management.

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