The BEST Award for Student Research

Awarded by the Department of Statistical Science, the BEST Award was established by the BEST Foundation to promote and recognise student research in Bayesian statistical modeling related to time series and other methods in financial applications. The BEST Award simultaneously recognises the importance and impact of Bayesian methodology in modern finance and investment management, and the importance of active applied research experiences in undergraduate and graduate student education. The prize is generously funded on an annual basis, and awarded to a student or group of students on the basis of submitted projects. For more details on the prize and selection process, Read More

Submission forms and deadline information

The BEST Foundation is a New Jersey nonprofit corporation whose primary mission is to make gifts, grants and contributions to educational, scientific and charitable institutions or organizations. The major contributor to the BEST Foundation is BEST (Bayesian Efficient Strategic Trading, LLC - www.2bestsystems.com), a company that develops, licenses and trades Bayesian based investment strategies. Dr J.M. Quintana, Chairman of BEST, LLC and Trustee of BEST Foundation, has a long-term interest in Bayesian forecasting and optimal decision making and its applications in the investment management field. BEST LLC also  has a long-term research association with Duke students and alumni working with faculty and collaborators on research in Bayesian modelling and statistical computation related to time series and/or financial applications. The BEST Award, established in 2007 and awarded for the first time in 2008, is administered and awarded subject to a charter agreed between the BEST Foundation and Duke University.