Andreas Celary has been awarded the Stephan Koren Prize for his dissertation.

The Stephan Koren Prize was first awarded by the Association of Professors at WU Vienna University of Economics and Business in 1996 and has been presented annually ever since. The purpose of the prize is to publicly recognize early-career researchers. It is awarded to doctoral students who contribute to WU’s excellent reputation for research through their outstanding work.

Once again, there were a large number of very strong applications this year. From among these, the jury—composed of professors from WU Vienna University of Economics and Business—selected seven theses for the Stephan Koren Prize.

This year’s award ceremony took place on November 11, 2026, during the graduation ceremony in the Ceremonial Hall. Prof. Anne d’Arcy, chair of the Association of Professors, presented the Stephan Koren Prize certificates.

Andreas Celary from the Institute for Statistics and Mathematics was honored for his work “Linearized term structure models: Markov modulation and kernel techniques.”

Congratulations!