Dr. Jakša Cvitanić

Professor

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Biography

Jakša Cvitanić works in the fields of Mathematical Finance, Financial Engineering, Financial Economics, and Contract Theory. He is currently the Richard N. Merkin Professor of Mathematical Finance and serves as the president of the Bachelier Finance Society. Cvitanić has a strong background in theoretical analysis related to optimal portfolio selection problems, option pricing problems, and the frictions present in financial markets. His research also includes the theory of optimal contracting, continuous-time models, and their applications. Over his career at Caltech, he has held various significant positions, including Associate Director and later Director of the Ronald Maxine Linde Institute of Economic and Management Sciences. In his role, he aims to create an environment conducive to interdisciplinary creative research in the field of business economics. His contributions to the disciplines of finance play a crucial role in the development of financial curricula at Caltech, which acknowledges the importance of finance in academia and society.

Research Interests

Experience

Professor

— Present

California Institute of Technology • Pasadena, CA

Richard N. Merkin Professor

— Present

California Institute of Technology • Pasadena, CA

Associate Director

— Present

Ronald Maxine Linde Institute of Economic and Management Sciences • Pasadena, CA

Director

— Present

Ronald Maxine Linde Institute of Economic and Management Sciences • Pasadena, CA

Requirements for California Institute of Technology

Doctorate Program
Requirements
TOEFL
Total
Required:100
IELTS
Overall
Required:7
Prerequisites
Bachelor's degree or equivalent Strong background in mathematics and physical sciences
Application Checklist
  • Online Application
  • Statement of Purpose
  • Three Letters of Recommendation
  • Transcripts
  • Resume/CV
Specialization Notes

Most Caltech graduate programs are PhD-only. GRE General and Subject tests vary by department; many have made them optional or no longer accept them.