Robert Merton

From MarketsWiki
Jump to: navigation, search

Robert Merton
Occupation Economist
Employer Massachusetts Institute of Technology
Location Boston, Massachusetts

Robert C. Merton is a professor of finance at the Massachusetts Institute of Technology and professor emeritus at Harvard University.

He also serves on the CME Group Competitive Markets Advisory Council.[1]


After receiving a Ph.D. in Economics from MIT, he served on the finance faculty of MIT's Sloan School of Management until 1988 when he moved to Harvard. At Harvard, he was the George Fisher Baker Professor of Business Administration until 1998 and then John and Natty McArthur University Professor until 2010.

Professor Merton is a past president of the American Finance Association and a member of the National Academy of Sciences.

He received the Alfred Nobel Memorial Prize in the Economic Sciences in 1997 for his work in developing the Black-Scholes Model, a tool for equity options pricing.


Merton receive a B.S. in Engineering Mathematics from Columbia University in 1966, an M.S. in Applied Mathematics from Caltech in 1967, and his PhD. in Economics from Massachusetts Institute of Technology in 1970.[2]


  1. CME Group Center for Innovation. CME Group.
  2. Faculty & Research: Robert C Merton. MIT.
John Lothian News logo1.png

JLN News Feed

We visit more than 100 websites daily for financial news (Would YOU do that?). Read the John Lothian Newsletter.