Faculty DirectoryYuri Balasanov
Adjunct Professor
Contact
2311 N Campus DrSuite 1400
Evanston, IL 60208
Email Yuri Balasanov
Departments
Industrial Engineering and Management Sciences
Affiliations
Education
Ph.D. Probability Theory and Mathematical Statistics, Lomonosov Moscow State University, Russia
MS Applied Mathematics, Lomonosov Moscow State University, Russia
Biography
Dr. Yuri Balasanov is a Managing Director, Chief Data Officer at Sachs Capital Group. He has been a financial industry practitioner for more than 20 years, working at leading financial institutions as head quant, quantitative trader, and risk manager. He has lead research teams working on analytical and data driven projects as well as development of software for analytics and quantitative trading at companies like Bank of America, Chicago Research and Trading, Ritchie Capital and other proprietary trading and asset management companies.
Dr. Balasanov earned his master’s degree in Applied Mathematics and Ph.D. in Probability Theory and Mathematical Statistics from the Lomonosov Moscow State University, Russia, where he studied under Andrey Kolmogorov and leading members of his school. His primary expertise and research interests are in stochastic modeling, advanced data analysis and AI, digital transformation, probabilistic modeling for decision making with applications in various fields.
Dr. Balasanov has been teaching multiple courses at the University of Chicago, Graduate Program on Financial Mathematics (MSFM) and Graduate Program on Analytics (MScA). He developed curriculum for such courses as Fixed Income Derivatives, Mathematical Market Microstructure, Linear and Nonlinear Statistical Analysis, Machine Learning, Bayesian Methods, Artificial Intelligence, Real Time Analysis, Robotics. Dr. Balasanov has also provided training for the industry, including FRB Chicago, FRB Philadelphia, PwC, multiple proprietary trading, and consulting companies.