Wharton-Jacobs Levy Prize

Jacobs Levy Prize

The Wharton-Jacobs Levy Prize for Quantitative Financial Innovation recognizes one or more persons who have published peer-reviewed journal articles that demonstrate outstanding quantitative research that has contributed to a particular innovation in the practice of finance.

Wharton-Jacobs Levy Prize

"We sought to create a prize that will make a difference. This prize isn't just for a paper. This is a prize for financial innovation from peer-reviewed articles that have had an impact on the practice of financial management."
Bruce I. Jacobs, G'79, GR'86, PAR'10

The Wharton-Jacobs Levy Prize for Quantitative Financial Innovation, endowed with a $2 million gift, will be awarded biennially to one or more persons who have published peer-reviewed articles that demonstrate outstanding quantitative research that has contributed to a particular innovation in the practice of finance.  The Prize may be granted to several authors who contributed to the same innovation, or to a single author.  If the Prize is awarded to two or more individuals, the Prize will be awarded to them jointly and the cash award equally divided between them.

The Wharton-Jacobs Levy Prize is distinguished from many other awards that recognize only research contributions; rather, the Wharton-Jacobs Levy Prize encourages research that has practical applications.  There is no time limit between the published articles and the practical application, as innovations may take years to develop.  The recipient(s) of the award will be chosen by a committee of esteemed academics and practitioners.

The inaugural Wharton-Jacobs Levy Prize, featuring an $80,000 cash award, will be presented at the March 2013 conference of the Jacobs Levy Equity Management Center for Quantitative Financial Research. The conference will take place at the Wharton School on the University of Pennsylvania campus in Philadelphia. 

Nomination Guidelines

  • All nominations should indicate the particular innovation and its relevance to the practice of finance. Self-nominations are allowed.
  • All nominations should include explicit citation(s) to the peer-reviewed article(s) that gave rise to the innovation.
  • Research citations should comply with general research journal format and include: author(s) name; name of journal; journal volume number; year of publication; and page numbers.
  • If nominating more than one individual, the nomination should be for a single innovation to which each individual contributed. 

           Deadline for nominations is January 15, 2013.

           Click here for nomination form.