Welcome to IAFE

The IAFE 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. Founded in 1992, the IAFE is composed of individual academics and practitioners from banks, broker dealers, hedge funds, pension funds, asset managers, technology firms, regulators, accounting, consulting and law firms, and universities across the globe.

Financial Engineering Today

IAFE student competition in evaluating and hedging Greek and California sovereign risk won by UC Berkeley

February 21, 2012 — New York, NY

The IAFE's student competition tackled the timely and important topic of sovereign credit risk. Commenting on the competition subject, IAFE Senior Fellow and Competition Honorary Chair Peter Carr said, "The sovereign credit crisis was chosen as the topic because of its timeliness and the IAFE's mission to help promote practical and timely research."

Click here for the full press release and to read UC Berkeley’s winning paper

Dr. Robert Engle Awarded the Financial Engineer of the Year Dinner at the IAFE/SunGard Gala Dinner on February 2, 2012

IAFE announces Berkeley team as winning the Annual Student Competition

February 3, 2012 — New York, NY

The International Association of Financial Engineers (www.iafe.org) and SunGard (http://www.sungard.com) was pleased to honor Nobel Laureate Dr. Robert Engle as Financial Engineer of the Year last night at the IAFE/SunGard Gala Dinner. Dr. Engle was recognized for the theoretical and practical development of methods to study, understand, and control volatility in financial markets. He is the Michael Armellino Professor in the Management of Financial Services at the New York University Stern School of Business (http://www.stern.nyu.edu/rengle/).

Click here for the full press release and description of the Academic Competition Case

The book "How I Became A Quant: Insights from 25 of Wall Street's Elite", based on the popular IAFE panels, will be released in July of this year. All royalties go to the Fischer Black Memorial Foundation.
Click here to learn more about the book.

Read Emanuel Derman's review in the Wall Street Journal of the book "How I Became a Quant: Insights from 25 of Wall Street's Elite" here.