Antonius Cornelis Franciscus (Ton) Vorst | |
---|---|
Born | 1952 (age 70–71) Utrecht, Netherlands |
Nationality | Dutch |
Occupation(s) | Economist, academic, financial engineer, mathematician |
Academic background | |
Education | University of Utrecht |
Academic work | |
Institutions | Professor at the department of Finance of the Vrije Universiteit in Amsterdam,previously Professor in Finance at Erasmus University Rotterdam |
Main interests | Finance,financial markets,risk management |
Notable works | Prices and hedge ratios of average exchange rate options (1992),Pricing default swaps:Empirical evidence (2005) |
Antonius Cornelis Franciscus (Ton) Vorst (born 1952,Utrecht) [1] is a Dutch financial engineer and mathematician,Professor at the department of Finance of the Vrije Universiteit in Amsterdam,and Director of the VU Amsterdam School of Finance and Risk Management.
Vorst received his PhD in mathematics in 1978 from the University of Utrecht for the thesis "Kn-regular curves" under the supervision of Jan Rustom Strooker and Wilberd van der Kallen. [2]
In the early 1980s,Vorst started his academic career as a researcher at the Econometric Institute of the Erasmus University Rotterdam,where he was appointed professor in finance in 1989. With Harm Bart,he was co-director of the Econometric Institute from 1992 to 1998 as successor of Teun Kloek,and they were succeeded by Herman K. van Dijk. From 2000 to 2009,he was executive vice president of ABN AMRO,which was partly sold to The Royal Bank of Scotland Group in 2007. In 2006,he was also appointed professor at the department of Finance at VU University Amsterdam. He is head of the VU Amsterdam School of Finance and Risk Management,and is also the director of Graduate Studies for Finance at the Tinbergen Institute. [3]
Vorst has authored numerous articles on business finance,financial markets,risk management and derivatives. [4] A selection:
Robertus Henricus "Robbert" Dijkgraaf FRSE is a Dutch theoretical physicist,mathematician and string theorist,and the current Minister of Education,Culture and Science in the Netherlands. From July 2012 until his inauguration as minister in January 2022,he had been the director and Leon Levy professor at the Institute for Advanced Study in Princeton,New Jersey,and a tenured professor at the University of Amsterdam.
Robert Fry Engle III is an American economist and statistician. He won the 2003 Nobel Memorial Prize in Economic Sciences,sharing the award with Clive Granger,"for methods of analyzing economic time series with time-varying volatility (ARCH)".
Tjalling Charles Koopmans was a Dutch-American mathematician and economist. He was the joint winner with Leonid Kantorovich of the 1975 Nobel Memorial Prize in Economic Sciences for his work on the theory of the optimum allocation of resources. Koopmans showed that on the basis of certain efficiency criteria,it is possible to make important deductions concerning optimum price systems.
Lars Peter Hansen is an American economist. He is the David Rockefeller Distinguished Service Professor in Economics,Statistics,and the Booth School of Business,at the University of Chicago and a 2013 recipient of the Nobel Memorial Prize in Economics.
Frank J. Fabozzi is an American economist,educator,writer,and investor,currently Professor of Practice at The Johns Hopkins University Carey Business School and a Member of Edhec Risk Institute. He was previously a Professor of Finance at EDHEC Business School,Professor in the Practice of Finance and Becton Fellow in the Yale School of Management,and a Visiting Professor of Finance at the Sloan School of Management at the Massachusetts Institute of Technology. He has authored and edited many books,three of which were coauthored with Nobel laureates,Franco Modigliani and Harry Markowitz. He has been the editor of the Journal of Portfolio Management since 1986 and is on the board of directors of the BlackRock complex of closed-end funds.
Henri (Hans) Theil was a Dutch econometrician and professor at the Netherlands School of Economics in Rotterdam,known for his contributions to the field of econometrics.
Phelim P. Boyle,is an Irish economist and distinguished professor and actuary,and a pioneer of quantitative finance. He is best known for initiating the use of Monte Carlo methods in option pricing.
The Duisenberg School of Finance (DSF) was an educational organization in the Netherlands which offered Master's level education in finance between 2008 and 2015. The school was launched as a collaborative initiative between the Dutch financial sector in conjunction with local and international academic institutions. Amongst others,the founders of the initiative were Nout Wellink and Minister of the Economic Affairs,Maria van der Hoeven. The name was chosen by the founders to honor Wim Duisenberg,the first President of the European Central Bank.
Jianqing Fan is a statistician,financial econometrician,and data scientist. He is currently the Frederick L. Moore '18 Professor of Finance,Professor of Operations Research and Financial Engineering,Professor of Statistics and Machine Learning,and a former Chairman of Department of Operations Research and Financial Engineering (2012–2015) and a former director of Committee of Statistical Studies (2005–2017) at Princeton University,where he directs both statistics lab and financial econometrics lab since 2008.
Quantitative analysis is the use of mathematical and statistical methods in finance and investment management. Those working in the field are quantitative analysts (quants). Quants tend to specialize in specific areas which may include derivative structuring or pricing,risk management,investment management and other related finance occupations. The occupation is similar to those in industrial mathematics in other industries. The process usually consists of searching vast databases for patterns,such as correlations among liquid assets or price-movement patterns.
Mathematical finance,also known as quantitative finance and financial mathematics,is a field of applied mathematics,concerned with mathematical modeling of financial markets.
Riccardo Rebonato is Professor of Finance at EDHEC Business School and EDHEC-Risk Institute,Scientific Director of the EDHEC Risk Climate Impact Institute (ERCII),and author of journal articles and books on Mathematical Finance,covering derivatives pricing,risk management,asset allocation and climate change. Prior to this,he was Global Head of Rates and FX Analytics at PIMCO.
Frederick "Rick" van der Ploeg is a Dutch economist and former politician.
Econometric Institute at the Erasmus University Rotterdam is a leading research institute in the fields of econometrics and management science in the Netherlands. The Institute offers advanced education in econometrics. It was founded in 1956 by Henri Theil in cooperation with Jan Tinbergen.
Teunis (Teun) Kloek is a Dutch economist and Emeritus Professor of Econometrics at the Erasmus Universiteit Rotterdam. His research interests centered on econometric methods and their applications,especially nonparametric and robust methods in econometrics.
Harm Bart is a Dutch mathematician,economist,and Professor of Mathematics at the Erasmus University Rotterdam,particularly known for his work on "factorization problems for matrix and operator functions."
Jan Salomon (Mars) Cramer was a Dutch economist,Professor of Statistics and Econometrics at the University of Amsterdam,known for his work of empirical econometrics.
Stephen John Taylor is an emeritus professor of Finance at Lancaster University Management School,an authority on stochastic volatility models and option prices,a researcher in the areas of financial econometrics and mathematical finance,and an author who has published academic books and influential learned papers in Mathematical Finance,the Journal of Financial and Quantitative Analysis,the Journal of Econometrics and several other academic journals
Svetlozar (Zari) Todorov Rachev is a professor at Texas Tech University who works in the field of mathematical finance,probability theory,and statistics. He is known for his work in probability metrics,derivative pricing,financial risk modeling,and econometrics. In the practice of risk management,he is the originator of the methodology behind the flagship product of FinAnalytica.
The Korteweg-de Vries Institute for Mathematics (KdVI) is the institute for mathematical research at the University of Amsterdam. The KdVI is located in Amsterdam at the Amsterdam Science Park.