Robert C. Merton is appointed Professor at the A. P. Sloan School of Management and teaches finances. He starts collaborating with Franco Modigliani.
Robert C. Merton is appointed visiting Professor of Finance at the Graduate School of Business Administration, Harvard University.
Robert C. Merton attends Hastings High School. Although enjoying mathematics, his first passion was baseball.
Robert C. Merton starts a his doctoral studies in applied mathematics at the California Institute of Technology. He abandons the program after one year of studies.
Robert C. Merton is awarded the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel for a new method to determine the value of derivatives.
Robert C. Merton starts a new doctoral program in economics at the Massachusetts Institute of Technology. Important for this change was his belief that economics "really matter" and had the potential to affect millions of people. Here, he took a mathematical economics course with Paul Samuelson.
Robert C. Merton is appointed George Fisher Baker Professor of Business Administration at the Graduate School of Business Administration, Harvard University.
Robert C. Merton marries June Rose, a television actress on network soap operas, a model, and a regular on the popular Dick Clark's Saturday night American Bandstand show. They have three children: Samantha J., Robert F., and Paul J.
As a co-author, Robert C. Merton gives his first presentation in a formal seminar: the inaugural session of the MIT-Harvard Mathematical Economics seminar. The audience includes Kenneth Arrow, Wassily Leontief, and Hendrik Houthakker.
Robert C. Merton is appointed J. C. Penney Professor of Management at the A. P. Sloan School of Management.
Robert C. Merton receives his bachelors degree from Columbia University where he studies Engineering Mathematics.
Robert C. Merton is appointed John and Natty McArthur University Professor at the Graduate School of Business Administration, Harvard University.
Robert C. Merton is appointed instructor at the MIT Department of Economics
Robert C. Merton is born in New York City to sociologist Robert K. Merton and Suzanne Carhart as the second of three children.
Robert C. Merton works as research assistant to Paul Samuelson. Together, they research on warrant pricing theory.