Fischer Black prize for ISB professor

HYDERABAD: Prof. Raghuram G. Rajan, Professor of Finance at the Indian School of Business (ISB), Hyderabad, and Joseph L. Gidwitz, Professor of Finance at the University of Chicago, Graduate School of Business, have been awarded the Fischer Black prize by the American Finance Association. The Fischer Black prize is a biannual prize modelled along the lines of the Fields medal in mathematics and the Clark medal in economics, and recognises outstanding contributions to the field of finance by a person under 40, according to a release.

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