both practitioners and academics typically sit on these panels. Much of the information presented at these events is available afterward on the IAFE website.

Every year, the IAFE honors one member of the financial engineering world with its Financial Engineer of the Year award. The winner is selected through an exhaustive nomination and voting process and the list of former winners illustrates the high standards that the nominees must meet. Former FEOY recipients continue to serve the IAFE as Senior Fellows and include such notable names as Myron Scholes, Robert Merton, William Sharpe, and Jonathan Ingersoll.

The winner of the FEOY is celebrated at an annual Gala-dinner hosted by the IAFE and traditionally held at the United Nations building in New York City. This event is attended by many ofthe most distinguished members of the field and is one of the most important evenings on the IAFE calendar.

The IAFE hosts an annual conference in the late spring, which is an all day event which includes some of the biggest names in the industry. The schedule consists of 2–3 panels and a keynote speech by the previous year’s Financial Engineer of the Year, all of which circle around one common theme. The conference is one of the most highly attended and anticipated events of the year.

Commencing in 1993, this award has been presented annually to an individual who has made a significant contribution in the development and creative application of financial engineering.[1] An award dinner is held annually to honor the achievements of Financial Engineer of the Year.