Organization devoted to quantitative finance selects Professor Cheng-Few Lee for inaugural award

Friday, April 12, 2013

The International Academy of Information Technology and Quantitative Management will honor Rutgers Business School Professor Cheng-Few Lee for his contributions to corporate finance, security analysis, portfolio management, options and futures and risk management.

A professor of finance and economics, Lee was selected to receive the organization’s Siwei Cheng Award in Quantitative Management for 2013. The award is a tribute to Siwei Cheng, who is known as the father of China’s venture capital. The International Academy of Information Technology and Quantitative Management plans to present the award annually to a person who devotes genius effort to applying quantitative methods and information technology to solve management problems.

“It is my honor to receive this,” said Lee, who came to Rutgers Business School in 1988 and helped to build the Department of Finance.   

Cheng-Few Lee during the Pacific Basin Finance, Economics, Accounting and Management conference at Rutgers in 2012.

In a letter announcing the recipient, Dan Berg, the awards committee chair, noted that Professor Lee was recommended for the inaugural award because of his “remarkable records in the theory, education and applications of quantitative finance and quantitative management.”

Lee will be honored during the International Academy of Information Technology and Quantitative Management’s inaugural international conference that will be held in Suzhou, China, May 16 through May 18. His award will consist of a medal, a plaque and honorarium, according to Berg.

The organization, which will be a year old in June, was created as a global community for educators, scholars and practitioners to promote innovation and excellence. The first international conference will explore how the use of information technology can improve quantitative management techniques and how the development of management tools can reshape the development of information technology.

In addition to being credited with starting up Quantitative Management programs at a several schools, Lee has written six books on corporate finance, portfolio management, business statistics and urban econometrics. He is widely recognized as the most published professor in Finance, having written 170 articles for journals, including Accounting Review, Review of Economics and Statistics and Management Science. He was also instrumental in bringing the Annual Conference on Pacific Basin Finance, Economics, Accounting and Management to Rutgers in 2012.

-Susan Todd

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