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Winners of 2018 Masterís in Applied Mathematics Thesis Competition Announced


BNY Mellon and the Hugo Steinhaus Centre, acting on behalf of the Wroclaw University of Science and Technology, are pleased to announce the winners of the inaugural Masterís Thesis Competition in Applied Mathematics.

Masterís students and recent graduates from Polish universities were invited to enter their thesis on any topic in Applied Mathematics, using math to solve a current financial mathematics or financial engineering problem.

The thesis competition was sponsored by BNY Mellon Science, the strategic center of excellence for quantitative and analytical work focused on risk management across BNY Mellon globally. BNY Mellonís office in Wroclaw includes teams of professionals with expertise in financial industry practices and regulation. This center of excellence works closely with colleagues across BNY Mellon to support modelling and data analytics for the firmís capital adequacy, market risk and enterprise risk activities.

The competition submissions were reviewed against a number of criteria by the judging panel at an event held at BNY Mellonís Wroclaw office. The panel included Prof. Zbigniew Palmowski, Prof. Rafał Weron, Prof. Dr. Hab. Krzysztof Jajuga, as well as senior BNY Mellon executives Dr. Heng Sun and Dr. Kamil Tabiś. Entries were reviewed for their originality, mathematical correctness and practical application of the proposed solution. The winners were:

  • 1st place: Jonas Al-Hadad for ďPricing of American Options: Single and Double Continuation RegionĒ
  • 2nd place: Weronika Białecka for ďApplication of Weighted Distributions to modelling Operational RiskĒ
  • 3rd place: Joanna Kuprowska - ďComparison of different models of Credit ScoringĒ

The winners were recognized at an award ceremony held at the Wroclaw University of Science and Technology in November.

ďOur congratulations to this yearís winners who all demonstrated their mathematical prowess, commitment to excellence and ability to apply their knowledge in a practical way,Ē said Heather Crowley-Kerr, BNY Mellon Head of EMEA Fund Accounting and Wroclaw Site Head. ďThe judging panel was impressed by the overall standard of entries to this yearís inaugural competition and we are looking forward to building upon this when the 2019 competition submission window opens April.Ē

Visit our website for more information about BNY Mellonís†operationsand†career opportunities in Poland†and details of how to enter the 2019 competition.

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