Louis Bachelier Prize

The Louis Bachelier Prize is a biennial prize jointly awarded by the London Mathematical Society (LMS), the Natixis Foundation for Quantitative Research and the Société de Mathématiques Appliquées et Industrielles (SMAI). The winners are prominent personalities, widely recognized in the academic and professional worlds of quantitative finance and/or risk management.

Nominations: Nominations for the 2018 Louis Bachelier Prize will open in 2017 and details will be posted on this webpage.

Eligibility: The Prize will be awarded to a mathematician who, on the 1st January of the year of its award, has fewer than 20 years (full time equivalent) of involvement in mathematics at postdoctoral level, allowing for breaks in continuity, or who in the opinion of the Bachelier Prize Committee is at an equivalent stage in their career.

The Prize aims to recognise a European researcher (defined as a permanent resident in Europe).    Nominees must be permanent residents in Europe on 1st January 2016.  ‘Europe,’ is taken as meaning Europe in the geographical sense.

The Prize will be awarded to the winner for his/her exceptional contribution to mathematical modelling in finance, insurance, risk management and/or scientific computing applied to finance and insurance.  The winner will have a list of outstanding publications in top quality academic journals in the areas of quantitative finance, insurance, risk management and/or computational methods in finance, and be recognized by their peers in academia and industry for their exceptional contribution to mathematical modelling in finance.

The prize winner will receive €20,000 including £5,000 to organise a scientific workshop in Europe on their area of research interests.

 

2016 PRIZE WINNER -  Damir Filipović (École polytechnique fédérale de Lausanne and Swiss Finance Institute)

The 2016 Louis Bachelier Prize is awarded to Damir Filipović (École polytechnique fédérale de Lausanne and Swiss Finance Institute) for his contributions to stochastic modelling in finance and Insurance. Filipović has made notable contributions to the study of interest rate models, the theory of affine processes and the design of regulation for insurance companies.

Any enquiries about the prize may be directed to bachelier@lms.ac.uk or to Duncan Turton 020 7927 0801

List of Winners:

2016 - Damir Filipović (École polytechnique fédérale de Lausanne and Swiss Finance Institute)

2014 - Josef Teichmann, ETH Zurich

2012 - Nizar Touzi (Centre de Mathématiques Appliquées, Ecole Polytechnique)

2010 - Rama Cont (CNRS)

2007 - Huyen Pham (University Paris VII)

 

The full prize regulations are available.

The Bachelier Prize Committee is: Dr Michel Crouhy (NATIXIS - Chair), Rene Carmona (Princeton), Rama Cont (Imperial), Darrell Duffie (Stanford/Geneva), Nicole El Karoui (Paris VI), Paul Embrechts (ETH Zurich), Rajna Gibson (Geneva), Alex Lipton (New York), Chris Rogers (Cambridge), Denis Talay (INRIA), Thaleia Zariphopulou (Austin Texas).

The Prize will be next awarded in 2018, with nominations opening in mid 2017.