The Computational Finance and Risk Management (CFRM) program is proud to announce the Parametric Fellowship for Opportunity and Advancement in Computational Finance and Risk Management, in partnership with Parametric Portfolio Associates.
The gift shall be used to create a fellowship fund to provide financial assistance to students who are pursuing a Master of Science degree in Computational Finance and Risk Management, and have a demonstrated commitment to diversity, equity and inclusion, which may include community service or participation in a related student organization.
“The Parametric Fellowship will certainly allow us to amplify our continued efforts to promote diversity and equity, and bring a positive impact to the CFRM community. We’re most grateful for Parametric’s support,” said Tim Leung, Boeing Endowed Professor of Applied Mathematics and Director of the Computational Finance and Risk Management program.
Recipients of the Parametric Fellowship will have their tuition covered for the Master of Science general program, while also receiving a 9-month stipend of $19,000 during their first academic year, before obtaining a summer internship and completing remaining coursework in their second academic year. Additional details will be made available in the coming weeks.
“Parametric has been a long-time supporter of the CFRM program – from giving seminars and hosting office tours, to providing internship and full-time job opportunities for students and recent graduates,” said Laurie Feldman, CFRM Program Manager. “We are thrilled to deepen our partnership with Parametric with the creation of this fellowship, and we thank them for their continued efforts in supporting CFRM graduate students.”
About Parametric Portfolio Associates
Parametric uses investment science to build and manage systematic strategies and to implement custom portfolio solutions. Based on principles of intellectual rigor, ingenuity and transparency, Parametric seeks to deliver repeatable client outcomes with consistently high levels of service and efficiency. As of September 30, 2020, Parametric managed $314 billion in assets on behalf of institutions, high-net-worth individuals and fund investors. Headquartered in Seattle, Parametric also has offices in Minneapolis, New York, Boston and Westport, Connecticut.
For more information, visit parametricportfolio.com.