Quant Awards

ARE YOU A STUDENT IN FINANCE? 

The European Quant Awards are now open to all university students interested in quantitative finance.

Submit a research paper in quantitative finance for a chance to win one of the 3 prizes below.​  If you are writing your Master's or Bachelor's dissertation, you could summarize your paper (5-7 pages according to these guidelines), but the competition is open to any student who is willing to submit a paper.

  • 1st prize: €3,000 + trip to the award ceremony
  • 2nd prize: €2,000 + trip to the award ceremony
  • 3rd prize: €1,000 + trip to the award ceremony

What is quantitative finance?

Quantitative finance is the use of mathematical and statistical models and large datasets to analyze financial markets and securities. On previous editions of the European Quant Awards we have received an amazing range of papers with very diverse approaches and methodologies. More than a century after the seminal work of Louis Bachelier, the quantitative approach to financial markets, driven by machine learning and AI, is evolving from niche to mainstream.

Winning this competition would be very valuable to highlight your skills to future employers!

Read our 2023 winners papers here

  • 1st prize: Latent Factors in Private Markets - Bakken & E. Vorpenes - BI Norwegian Business School
  • 2nd prize: Interest rate sensitivity of risk measures in European and exotic options - Nicolas Manelli - Paris
    Dauphine University
  • 3rd prize: Single factor modeling, building a financial stress index - Louis Briens - Natixis Investment Managers
    International

Read our 2022 winners papers here

  • 1st prize: Private Equity Target Selection Using Artificial Intelligence - Julian Schneider - Trinity College Dublin
  • 2nd prize: Extreme co-movement between the US equity market and geopolitical risks - Shengyu ZHENG - ESSEC Business School
  • 3rd prize: Has Manipulation in the VIX Decreased? - Tim Baumgartner - Ulm University 

Read our 2021 winners papers here

  • 1st prize: Reinforcement Learning vs 1/N and Mean-Variance Optimization In The Portfolio Allocation Problem' - Matus Jan Lavko - Utrecht University, Economics and Business Economics
  • 2nd prize: Selection of securities for collateralized debt obligations contracts: an optimization approach applied to European SME loan portfolios - Matthieu Jonard - UC Louvain, CEMS Master in International Management
  • 3rd prize: Who Are the Socially Responsible Investors? A Machine Learning Approach - Sul Kim - Tilburg University, Master in Finance 

Other examples

  • Measuring the effects of fluency of company names and tickers on stock returns
  • Safe and fear: Is there a "safe haven" against investor fear? Evidence from quantile-on-quantile regression 
  • Empirical Asset Pricing and Dynamic Portfolio via Machine Learning 
  • Countering racial discrimination in algorithmic lending: A case for model-agnostic interpretation methods
  • The effect of geopolitical risks on stock returns and volatility of European companies
  • The impact of passive investing on corporate valuations
  • The Effect of Central Bank Communication on Stock Market During Covid-19

REGISTRATION 

Candidates should register before May 31 using this link

ELIGIBILITY

Quant Awards are open to university students and interns in quantitative finance regardless of specialty. Applications are free. No CFA candidacy or membership is required.

FORMAT

The report must be written in English

  • It should be between 5- and 7-pages long (excluding appendices)
  • The cover page should contain ONLY the title but NOT the candidate or university name²
  • The report should be a PDF file named as follows: Quant Awards - Candidate name - University name – (or Company Name if it is an adaptation of an internship report)   

SUBMISSION

Students must submit their original research focusing on the topic of Quantitative Finance. The report should concentrate on the importance and practical applications rather than technique. It can consist of an end of studies dissertation, internship report or work conducted specifically for the Quant Awards. 

Registered candidates must submit their reports before August 31 to [email protected].

USEFUL DOCUMENTS AND LINKS

JUDGING

The judging panel consists of several independent judges and a Super Judge. The panel may call on external experts if participation is particularly high or if a given report requires additional technical oversight.

Reports are judged anonymously, with a code replacing the names of the candidates. Each paper receives a grade from 1 to 10. Their mark is a weighted average of four criteria:

  • Applicability and relevance (30%)
  • Innovation (30%)
  • Accuracy and completeness (30%)
  • Presentation (10%)

Papers are afterwards normalized and the three papers with the highest score will make it to the final. The Super Judge will determine the order of the 3 winners. Decisions may not be appealed. 

AWARD CEREMONY

The Award Ceremony will take place towards the end of the year. It will be held in the country where the winner applied. All winners will be invited, and travel and housing costs covered (with a limit of €500 per person). All participants are welcome to attend the ceremony at their own costs. 

In 2023 the Award Ceremony was held in Dublin. This year the Award Ceremony was held in Oslo on March 15, 2024. Read more > 

 

ABOUT CFA SOCIETIES

The QuantAwards is an initiative of several CFA Societies, that are the local chapters of CFA Institute, the non-profit, global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion for ethical behavior in investment markets and a respected source of knowledge in the global financial community. The Institute offers the Chartered Financial Analyst® (CFA) Program, a globally recognized, graduate level curriculum that provides a strong foundation of real-world investment analysis and portfolio management skills. The Societies aim to support and contribute to the progress and stability of the national investment community by organizing professional education, setting standards, sharpening ethics, improving competence and sharing knowledge and supporting the industry in many other ways. 

In 2024 starts the 10th edition and features the participation of CFA Society FranceCFA Society NetherlandsCFA Society Norway, CFA Society Ireland, CFA Society Spain, CFA Society Italy, CFA Society Belgium and CFA Society Istanbul.

QUESTIONS? 

For more information, please contact the participating CFA societies or follow our Quant Awards LinkedIn group. At CFA Society France, Roxana Mitroi, CFA is in charge of the competition. Please email us: [email protected] if you need any further information!


The Quant Awards Team & 2023 winners