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 for the 2018 Louis Bachelier Prize are now open. A form for nominations is below.

Nomination Form (Word)

Nomination Form (PDF)

The closing date for nominations is 31st January 2018. Please send completed forms to Katherine Wright, Society Business Officer, London Mathematical Society, De Morgan House, 57-58 Russell Square, London WC1B 4HS (email: prizes@lms.ac.uk).


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 2018. ‘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.

Any enquiries about the prize may be directed to prizes@lms.ac.uk or to Katherine Wright, Society Business Offier: 020 7927 0801.

Previous 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), Alexis Collomb (Conservatoire National des Arts et Métiers (CNAM)), Olivier Pironneau (University Paris VI and French Academy of Sciences) and Nicholas Polson (University of Chicago).