2009 | Robert C. Merton
Robert C. Merton (PhD ’70, Economics) is the School of Management Distinguished Professor of Finance at the MIT Sloan School of Management. Now a University Professor Emeritus at Harvard University, Merton was the George Fisher Baker Professor of Business Administration (1988-98) and John and Natty McArthur University Professor (1998-2010) at the Harvard Business School. He served previously on the finance faculty of the Sloan School (1970 -1988).
In 1997, Merton received the Alfred Nobel Memorial Prize in Economic Sciences 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 a B.S. in Engineering Mathematics from Columbia University, a M.S. in Applied Mathematics from California Institute of Technology and a PhD in Economics from MIT.
