At the start of his career Philipp Illeditsch is already getting noticed by the academic community. Illeditsch graduated from Mays Business School at Texas A&M University this spring with a PhD in finance and has accepted a tenure-track position at the prestigious Wharton School of Business for the fall. He is one of a select few that have been invited to present at the New Stars in Finance Conference in Madrid, Spain, this July. His selection is based on a survey of 25 senior scholars from the finance departments of top U.S. universities who named him one of the best five new PhD graduates in the field. Organized by the IE Business School and IMDEA Social Sciences, this conference aims to gather the five most successful rookies in the finance job market with thought-leaders in the field.

This is the first year for the conference to be held. Students, researchers, and educators in finance will be in attendance from around the world to share ideas about innovations in the field.

Illeditsch will join the international panel of speakers for the event, presenting on ambiguous information, risk aversion, and asset pricing. Others from the U.S. on the speaker panel come from the University of Chicago, Stanford University, New York University, and Duke University.

“From my perspective as PhD program coordinator, Philipp has been one of the best, if not the best, student to graduate from our program in the past six years,” said Sorin Sorescu, associate professor of finance at Mays. “His training is at par with that of students from the very top finance departments in the country.”

Illeditsch’s primary area of research is theoretical asset pricing, investments, and portfolio choice. His most recent work has focused on the pricing of assets when investors are averse to ambiguity and receive ambiguous information about the fundamentals of assets. He has also worked on equilibrium models for the nominal term structure and on optimal portfolio choice problems with inflation risk and inflation-protected bonds (TIPS).