MIT Faculty Insights Series #4: Prof Robert Merton

Held on Dec 4th, 2015 the fourth in our MIT Faculty Insights Series on “The Role of Financial Innovation and Finance Science in Financial Stability and Economic Growth” was to a packed auditorium at Sasana Kijang, the academic campus of the Asia School of Business.

Prof Robert C. Merton proved to be so much more than the many accolades he has received – among which is none other than the Alfred Nobel Memorial Prize in Economic Sciences in 1997. To the several hundred young to senior executives hanging on to his every word, Bob Merton introduced the world of finance and more specifically financial innovation in a way many of us had never heard.

The writer, for one, may have charted a different career trajectory herself had she known more about the very real interplay between the financial system and the real economy.

bob merton crowd

One excited participant exclaimed, “He was such a great speaker! So engaging that I just had to stay to the end.” The queue to take photographs with Prof Merton echoed that sentiment in a very real way too.

To download Prof Merton’s presentation, just click here

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Prof Robert C. Merton

is the School of Management Distinguished Professor of Finance at the MIT Sloan School of Management and University Professor Emeritus at Harvard University. He is Resident Scientist at Dimensional Holdings Inc. and is the creator of Dimensional Managed DC. He currently focuses on the Target Retirement Solution, a global integrated retirement-funding solution system.

Merton received the Alfred Nobel Memorial Prize in Economic Sciences in 1997 for a new method to determine the value of derivatives. He is past president of the American Finance Association, a member of the National Academy of Sciences, and a Fellow of the American Academy of Arts and Sciences. Merton received the inaugural Financial Engineer of the Year Award from the International Association of Financial Engineers, which also elected him a Senior Fellow.

A Distinguished Fellow of the Institute for Quantitative Research in Finance (‘Q Group’) and a Fellow of the Financial Management Association, he received the Nicholas Molodovsky Award from the CFA Institute. He received the 2011 CME Group Fred Arditti Innovation Award and the 2013 World Federation of Exchanges Award for Excellence.

The MIT Faculty Insights Series is a platform for MIT Faculty visiting the Asia School of Business to share their recent research as well as participate in a Q&A session with the attendees. Participants will have the opportunity to tap into faculty expertise, as well as experience interactions on cutting-edge topics, which contribute to the Asia School of Business learning culture.

Questions? Just email