Robert Jarrow to be Inducted into the Fixed Income Analysts Society Hall of Fame

September 2, 2004, Ithaca, New York The Johnson Graduate School of Management is pleased to announce that Professor Robert A. Jarrow, PhD will be inducted into the Fixed Income Analysts Society (FIASI) Hall of Fame on Wednesday, November 10, 2004 in New York City. Jarrow, the Ronald P. and Susan E. Lynch Professor of Investment Management and Professor of Finance and Economics, is being recognized for his lifetime achievements of outstanding practitioners in the advancement of the analysis of fixed-income securities and portfolios.

"I am truly honored to be inducted into the FIASI Hall of Fame thereby joining so many extraordinary colleagues of mine whose work has added immeasurably to fixed income research and practice," commented Jarrow.

Professor Jarrow's teaching and research interests involve the study of mathematical finance. He is interested in derivatives, risk management, and investments and asset pricing theory. Currently, he is engaged in research relating to the pricing of credit derivatives and liquidity risk, and exotic options. Professor Jarrow is a Graduate Faculty representative in four fields: management, economics, operations research and industrial engineering, and applied mathematics. He has over 100 publications in leading finance and economic journals. He is the managing editor of Mathematical Finance, a coeditor of The Journal of Derivatives and an associate editor for numerous other finance journals. He was a Mobil scholar in 1993 and a member of the Merrill Lynch Academic Advisory Council in 1994-95. His research has won numerous awards including the 2001 Graham and Dodd Scrolls Award. In 1997, he was named IAFE Financial Engineer of the Year in recognition of his many contributions to risk management. He is currently an IAFE senior fellow and a FDIC senior fellow. He also serves on various corporate board of directors and advisory boards. For more information on Professor Jarrow visit http://www.johnson.cornell.edu/faculty/profiles/Jarrow/.

"Bob Jarrow is certainly very deserving of this honor and his colleagues at the Johnson School are pleased that his lifelong research in the area of fixed income is being so notably recognized," said Robert J. Swieringa, The Anne and Elmer Lindseth Dean of the Johnson School and Professor of Accounting.

The Johnson School at Cornell University, founded in 1946, is Cornell's graduate school of management. The Johnson School combines leading edge intellectual capital with "real time, real world" business practice and is among the top business schools in the world. Opportunities for experiential learning, such as immersion programs and student-run venture capital and mutual funds, distinguish the Johnson School's curricula. Programs include MBA and doctoral degrees, a twelve-month MBA option for students with advanced degrees in science or engineering and an executive MBA. The Johnson School is located at the center of Cornell University-the largest of the Ivy League schools and one of the world's top research institutions. For more about the Johnson School please visit: www.johnson.cornell.edu.

For More Information
Randall Sawyer
Public Relations Officer
607 255-8006
rs348@cornell.edu