Affiliation: University of Bologna
Umberto Cherubini is Full Professor of Mathematics for Economic, Financial and Actuarial Applications at the University of Bologna. After studies at the University of Florence (Laurea, 1984, dissertation supervisor Mario Draghi) and NYU (MA, 1988) he undertook his research career in the industry, at the renowned Economic Research Department of BCI-COMIT Milan (1989-1997) where he headed the Risk Management and Forecasting Methods Unit. He joined the academia in 1998, and taught financial mathematics and risk management in graduate courses in several universities (Catholique University in Milan, Bocconi, Hitotsubashi University, Birbeck College, Johns Hopkins University, and others), in training courses for regulators and associations (Bank of Italy, CONSOB, Italian Banking Association, TLX Stock Exchange) and for international financial training companies (RISK Training, WBA Training). At the University of Bologna, he founded in 2010 and directed until 2018 the Graduate Program in Quantitative Finance (listed in the RiskNet Quant Finance Master’s Guide). In the industry, he has been the academic coordinator of the market risk workshop of AIFIRM (the association of Italian financial risk managers). His main research achievements are in Choquet pricing theory (in the industry, last century) and copula functions theory for financial applications (in academia, this century). Based on these results, his current research interests are in generalized algebras and q-calculus methods for applications to financial mathematics, macro-finance, and econometrics.