HVB Institute for Mathematical Finance at the TU München, Prof. Dr. Rudi Zagst

The HVB Institute for Mathematical Finance at the TU München connects ambitious scientific research and practice in a unique way. It combines its scientific core competences Computational Finance, Stochastic Finance and Financial Optimization with their applications in the fields of asset management, modeling of financial markets and risk management.
This remarkable symbiosis between science and practice is expressed through the numerous cooperations with renowned companies of the financial world: HypoVereinsbank, Algorithmics, Allianz Global Investors, BayernLB, Deutsche Bank, Reuters, risklab germany and tenfore. The RiskFactory, arising from those cooperations, provides research work with real time data and time series and gives students an insight into "real business": in trading simulations, former traders explain how financial markets work behind the trading desk.

Besides excellent research, the institute distinguishes itself through commendable teaching. This has not least been noted when its director, Prof. Dr. Rudi Zagst, was awarded "Professor of the Year 2007". That way, the reputable magazine "Unicum Beruf" acknowledged Prof. Zagst's efforts to provide his students with an outstanding and particularly practical education.

The HVB Institute for Mathematical Finance, together with the University of Augsburg, is in charge of the Elite Graduate Program "Finance and Information Management". Since 2006, the institute conducts Executive Seminars to accomplish the certificate "Professional Risk Manager".
 

Facts & Figures

Foundation: 2003

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