Dedicated to fostering the profession of quantitative finance

The IAQF is a not-for-profit, professional society dedicated to fostering the profession of quantitative finance by providing platforms to discuss cutting-edge and pivotal issues in the field.


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December 15, 2021

Dilip B. Madan Selected as the Recipient of the
2021 IAQF/Northfield Financial Engineer of the Year Award

December 11, 2021 – NEW YORK CITY – The International Association for Quantitative Finance (IAQF) and Northfield Information Services have named Dilip B. Madan, Professor Emeritus of Finance at the Robert H. Smith School of Business at the University of Maryland, the 2021 IAQF/Northfield Financial Engineer of the Year (FEOY). The award will be presented to Professor Madan in 2022 at an event in New York City.

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Douglas Breeden

Douglas Breeden is William Priest Professor and former Dean of Duke’s Fuqua School.  He served at Chicago, Stanford, North Carolina and Fischer Black Visiting Professor at MIT, winning ”Outstanding Teacher.” Breeden published seminal research on insurance prices implicit in options, and Consumption CAPM. His “Central Bank Policy Impacts on Insurance Prices,” won Q-Group’s Roger Murray Prize and was presented globally to central banks. Breeden was elected to the AFA Board and lifetime Fellow.  The IAQF named Breeden “Financial Engineer of the Year.” Breeden holds a Stanford Ph.D., and S.B. from M.I.T., was Co-founder of Smith Breeden and on Commonfund’s Board.

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