The Wharton School plans to launch a Master's program in quantitative finance, with Castle and Millennium participating.

date
16/09/2025
Bruce Jacobs, co-founder of Jacobs Levy Equity Management, has donated $60 million to the Wharton School at the University of Pennsylvania to establish a quantitative finance master's program. This is the largest single donation in the history of the school. This will be the first new degree program launched by the Wharton School in 50 years. Wharton is best known for its MBA program. Castle Investment, Millennium, and Susquehanna will serve as members of the advisory committee for the program, which will last for one year. The final semester will involve participating in research projects in collaboration with these trading companies.