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New professorship at the WiSo Faculty

Tom Zimmermann receives full professorship.

Tom Zimmermann and Dean Thonemann are shaking hands.

We are pleased to "welcome" Prof. Dr. Tom Zimmermann as Professor of Data Analytics at the Institute of Econometrics and Statistics since September this year! On behalf of the entire WiSo faculty, Dean Ulrich Thonemann now congratulated his colleague Prof. Zimmermann, who has already been working as a junior professor at the faculty since 2018, including as a member of the Key Research Initiative Behavioural Management Science and the Centre of Financial Research.

The professorship is made possible by the funding of the Gateway Excellence Start-Up Center (ESC) at the University of Cologne by the state of North Rhine-Westphalia. With the Gateway ESC - and the professorships financed through it - the University of Cologne promotes entrepreneurial thinking and action in research-intensive subject areas.

Professor Zimmermann also has been committed to the public accessibility of data not only since the beginning of the Corona pandemic. The use of technologies such as machine learning to analyse large amounts of data has been one of his research priorities for a long time. "You need a reasonable basis for discussion. For this, large, representative data sets are crucial," says Professor Zimmermann. This also applies in the area of stock markets and monetary and fiscal policy, which are his other main research fields.

"Machine learning in financial markets" was already the topic of Tom Zimmermann's dissertation at Harvard University. From 2015-2017, he gained practical economic experience as an economist atthe Board of Govenors of the Federal Reserve System in Washington, DC. As a university lecturer, he is not least familiar to our Master's students from various courses such as Applied Econometrics and Machine Learning for Economists.

We are very pleased to have Professor Zimmermann, a committed and renowned colleague, continue to be part of the faculty and look forward to further exciting research results.