The Caltech “Breakthrough” Campaign recently featured a profile of alumnus Sam Barnett (BS ’12), who now leads SBB Research Group—an investment firm near Chicago—and is pursuing his doctorate at Northwestern University studying the intersection of neuroscience, computation, and marketing. He describes how he got his business started while still an undergraduate, after conducting independent research with Jaksa Cvitanic, Richard N. Merkin Professor of Mathematical Finance and Director of The Ronald and Maxine Linde Institute of Economic and Management Sciences. Read more here.
On March 10, 2017, researchers and practitioners convened at what has become an annual gathering to present and discuss emerging research on private equity. Organized by Caltech’s Associate Professor of Finance and Entrepreneurship Michael Ewens, with support from The Ronald and Maxine Linde Institute of Economic and Management Sciences, and collaborators at the University of Southern California’s Marshall School of Business and the Rady School of Management at the University of California, San Diego, the conference on the USC campus drew more than 40 participants. Read more here.
The Ronald and Maxine Linde Institute of Economic and Management Sciences co-sponsored Caltech’s Innovation Week 2016, which was organized by the Caltech Office of Technology Transfer and Corporate Partnerships. The week (November 28 to December 2) included panel discussions and lectures on topics ranging from technology commercialization and entrepreneurship to startup creation and fundraising. Read more here.
The Division of the Humanities and Social Sciences (HSS) is pleased to introduce The Ronald and Maxine Linde Institute of Economic and Management Sciences (The Linde Institute) graduate fellowship recipients for the 2016–2017 academic year, Tatiana Mayskaya and Jun Zhang. Both are in their fifth year in HSS’s social sciences PhD program and are currently on the job market. Read more about the fellows here.
The Ronald and Maxine Linde Institute of Economic and Management Sciences hosted the first alumni career panel of the 2016-2017 school year on October 13. The theme of the panel was Careers in Finance and featured three Caltech alumni who have found success in the realm of business finance. Read more here.
Caltech News recently sat down with Assistant Professor of Finance Lawrence Jin to discuss the types of problems he is interested in, how psychology and neuroscience can help inform financial models, and what brought him back to Caltech.
The Ronald and Maxine Linde Institute of Economic and Management Sciences is pleased to announce the selection of four students in Caltech’s Social Sciences PhD program to receive graduate fellowships to support their research this summer. The 2016 Linde Institute Summer Fellows are Jun Chen, Marcelo Fernandez, Pengfei Sui, and Jun Zhang. Learn more about the fellows here.
On June 10, Caltech celebrated the accomplishments of the Class of 2016 at the Institute’s 122nd commencement exercises. Almost ten percent of the graduating seniors (22 out of 249) completed an option (major) in Business, Economics, and Management (BEM) or Economics in the Division of the Humanities and Social Sciences (HSS). Learn more about the Class of 2016 here.
Janet C. Campagna (MS '85, Social Science) was recognized for her contributions to quantitative investment and for her leadership in the financial industry. Read more here.
The Chicago Quantitative Alliance (CQA) holds an annual Student Portfolio Contest, in which teams of university students manage virtual hedge funds for several months. The Caltech team finished in fifth place out of 32 teams in the most recent competition. Read more here.
On March 18, 2016, researchers and practitioners gathered at Caltech to present and discuss emerging research on private equity at the second annual Caltech/USC Private Equity Finance Conference. The conference featured five new academic papers presented by researchers from Harvard, Dartmouth, and Ohio State on topics including the economics of the private equity partnership and the new secondary market in private equity fund shares. Read more here.
Jaksa Cvitanic, the Richard N. Merkin Professor of Mathematical Finance at Caltech, has been appointed the new director of The Ronald and Maxine Linde Institute of Economic and Management Sciences. Read more here.
As of January, 2016, Caltech is a subscriber to the Chicago Booth Center for Research in Security Prices (CRSP) database, “the world’s first comprehensive database for historical security prices and returns information.”
In the fall of 2015, Hu Fu joined Caltech as a Linde Institute/SISL postdoctoral scholar in computing and mathematical sciences.
The Linde Institute is pleased to announce its internship opportunities are expanding for Caltech students interested in business, economics, and management (BEM). The Summer Undergraduate Startup Internship program (SUSI) continues for its second year with new opportunities. The new Summer Undergraduate Finance Internship (SUFI) program connects undergraduates with Caltech alumni and their financial firms in New York to explore potential internships. Learn more about the programs here and read the Caltech News feature on the 2015 SUSI interns here.
Caltech News features a story on The Linde Institute’s Summer Undergraduate Startup Internship program (SUSI), which started in 2015 and continues in 2016. Read the news story here and learn about the 2016 opportunities here.
Faculty in The Ronald and Maxine Linde Institute of Economic and Management Sciences, in partnership with Caltech’s Career Development Center, have organized a series of ongoing panels with Caltech alumni to speak about leveraging science and engineering degrees into successful careers in finance, management, and consulting. In addition to having an opportunity to listen to alumni talk about their own career paths, students schedule one-on-one interviews with the participating alumni on the same day as the panel discussions. Learn more about the past panels here.
John Ledyard talks about work that he and his colleagues, Tom Palfrey, Charles Plott, and Leeat Yariv, have completed over the last decade with the support of the Gordon and Betty Moore Foundation that has enabled researchers to create and run experiments in the lab to test all sorts of market systems involving social interactions—everything from the effect of inequality on tax rates to the best way for the United Nations to auction off pallets of natural rubber in Vietnam.
The Ronald and Maxine Linde Institute of Economic and Management Sciences is pleased to welcome Lawrence Jin to Caltech as the newest member of its Core Faculty. Jin’s research focuses on asset pricing, behavioral finance, financial intermediaries, and household finance.
Morteza (Mory) Gharib (Ph.D. 1983), Hans W. Liepmann Professor of Aeronautics and Bioinspired Engineering; Vice Provost; and Director of The Ronald and Maxine Linde Institute of Economic and Management Sciences received two of the highest marks of professional distinction in recent months: elections to the American Academy of Arts and Sciences (American Academy) and the National Academy of Engineering (NAE). Read about these honors on Caltech's News Center here and here. Read about Dr. Gharib’s accomplishments as an inventor and entrepreneur here.
Through the enormous generosity of Ronald Linde and his wife, Maxine, Caltech established The Ronald and Maxine Linde Institute of Economic and Management Sciences in 2011. In a recent conversation with Caltech professor of economics and political science Erik Snowberg, Linde talked about his own experience as a student at Caltech and later in business, as well as his thoughts on the important role and future of The Linde Institute. Read the interview here.
During Caltech’s 2014-2015 academic year, The Linde Institute awarded its first graduate fellowships to two Caltech social science Ph.D. candidates, third-year graduate student Myungkoo Song and fifth-year Khai Xiang Chiong. The Linde Institute grants two-quarter fellowships in one or more of its three areas of research concentration: finance; entrepreneurship; and economics and computer science. Read more about the first Linde Institute Fellows here.
Caltech News covers exciting developments in the finance curriculum in HSS over the past decade, including the establishment and substantial contributions of The Linde Institute. Read more here.
The Ronald and Maxine Linde Institute of Economic and Management Sciences is proud to announce that four Caltech undergraduates have been selected as interns for the Summer Undergraduate Startup Internship (SUSI) program’s inaugural summer.
Caltech faculty, students and alumni came together with colleagues from other universities and industry to hear insights on economics and finance from three of Caltech’s most distinguished alumni.
The Linde Institute’s Richard Roll and Michael Ewens Lead Panel Discussions at “Cancer Megafund” Working Group
On April 29, 2015, more than 50 scientists, entrepreneurs, attorneys, and medical doctors convened at Caltech to discuss the founding of a “cancer megafund” whose purpose would be to support early-stage cancer research. The one-day workshop was sponsored in part by The Linde Institute. Richard Roll, Linde Institute Professor of Finance, and Michael Ewens, Associate Professor of Finance and Entrepreneurship, led panel discussions during the day-long event.
Richard Roll, Caltech’s Linde Institute Professor of Finance, has been named one of two recipients of this year's Onassis Prize in Finance. Awarded only once every three years, the Onassis Prizes honor the contributions of top thinkers in the fields of finance, international trade, and shipping.
Caltech undergraduates interested in participating in the first year of The Linde Institute’s Summer Undergraduate Startup Internship (SUSI) program are invited to explore the new internship postings from local startups.
With Lecturer in Economics Kenneth Winston as their faculty mentor, a team of Caltech students competes against other university teams in the Chicago Quantitative Alliance equity portfolio management competition.
The Linde Institute is pleased to announce the launch of its first summer internship program, which pairs Caltech undergraduates with a select group of startup companies for ten-week internships. Learn more on the SUSI program page.
Organized and moderated by Linde Institute Professor of Finance Richard Roll, a panel of prominent alumni discuss leveraging science and engineering degrees into successful careers in finance.
The Linde Institute at Caltech and the USC Marshall School of Business are delighted to announce the first annual Caltech/USC Private Equity Finance Conference, which will take place on the Caltech campus on April 10, 2015.
In an October 2014 interview for Caltech News, Associate Professor of Finance and Entrepreneurship Michael Ewens explains how he discovered venture capital through a summer job in graduate school, and shares his plans for his future at Caltech.
In a September 2014 interview with Caltech News, Linde Institute Professor of Finance Richard Roll speaks about his research, his career, and his new position at Caltech after almost forty years at UCLA’s Anderson School of Management.
The Linde Institute is pleased to announce that economist Preston McAfee is returning to Caltech, where he will join the faculty as a Professor of Business Economics and Management in August of 2014. McAfee most recently was a director in Google Strategic Technologies, arriving there in 2012 after serving as Chief Economist, Vice President, and a Research Fellow at Yahoo! Research since 2007. He was the J. Stanley Johnson Professor at Caltech from 2004 to 2009.
The Linde Institute will gain another valuable faculty member this June with the arrival of economist Michael Ewens, whose research focuses on financial intermediation, innovation, and management of high-growth entrepreneurial firms.
The 2014 Network Science Workshop will be hosted by the Division of the Humanities and Social Sciences at the California Institute of Technology in Pasadena, CA from April 25th - April 26th. The local organizer is Dr. Matthew Elliott, Assistant Professor of Economics.
We are pleased to welcome finance expert Richard W. Roll as the Linde Institute Professor of Finance. Known in particular for his work on portfolio theory and asset pricing, Roll recently retired from UCLA, where he joined the faculty in 1976 and most recently held the Joel Fried Chair in Applied Finance in the Anderson School of Management.
The Linde Institute is poised for considerable growth this year with the arrival of two new faculty members.