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Awards and Honors: February 5, 2010

Faculty awarded early career grants; win investment research prize
Three faculty awarded DoE Early Career grants

Three MIT researchers were among 69 U.S. scientists awarded research grants as part of the Department of Energy's new Early Career Research Program. The program will award up to $85 million in total funding under the American Recovery and Reinvestment Act.

The recipients from MIT are Ruben Juanes, the Atlantic Richfield Career Development Assistant Professor in Energy Studies; Youssef Marzouk, the Boeing Career Development Assistant Professor of Aeronautics and Astronautics; and Mort Webster, assistant professor of engineering systems.

Under the program, the researchers will receive at least $150,000 a year for five years.

To learn more about the recipients or their research projects, visit the DoE's Early Career Research Program web site: http://www.science.doe.gov/SC-2/early_career.htm

Sloan professor Verdelhan wins first prize in investment research

MIT Sloan School of Management Assistant Professor Adrien Verdelhan (with co-authors Hanno Lustig of UCLA Anderson and Nikolai Roussanov of UPenn's Wharton School) was the first-prize recipient of the Terker Family Prizes in Investment Research for the period June 1, 2008, to May 31, 2009. 

This prize is awarded annually by the Rodney L. White Center for Financial Research at Wharton to recognize the best working paper authored by or co-authored with a member of the Wharton faculty. The winning paper is titled “Common Risk Factors in Currency Markets.”

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