J.P. Morgan and the University of Colorado Denver today announced the opening of the J.P. Morgan Center for Commodities, a first-of-its-kind partnership in the academic world that will provide innovative programs and academic work in the field of commodity finance, economics and policy. The J.P. Morgan Center for Commodities is supported by the firm’s $5.5 million gift to the University of Colorado Denver Business School and aims to solidify Denver as the world’s hub for this field of study.
“No academic program matches what the J.P. Morgan Center for Commodities will provide,” said Don Elliman, University of Colorado Denver chancellor. “J.P. Morgan will partner with the CU Denver Business School to create that vital intersection for commodities education and the industry. This partnership will not only prepare future leaders in the industry but also will help the public better understand the important role commodities play in our local, national and global economy.”
“We are thrilled to support the University of Colorado Denver as they expand academic and public understanding of the commodities industry,” said Blythe Masters, head of J.P. Morgan Global Commodities and a member of the JPMorgan Chase Executive Committee. “We don’t see this as simply a gift to the school; it is an investment to better prepare our future and existing talent and improve public understanding through exciting new research.”
The J.P. Morgan Center for Commodities will offer students and the industry innovative courses and research on commodity markets, sustainable development, regulations, investing and trading, risk management and ethics. No other university in the world combines these fields of study and industry practices into one focused curriculum.
The J.P. Morgan Center for Commodities occupies an iconic location on the first floor of the new 120,000-square-foot CU Denver Business School building in downtown Denver. The Center features a state-of-the-art Finance and Commodities Lab, using industry-standard financial software and technology tools, donated by CQG, I H S and Trading Technologies, as part of students’ curriculum. The Lab will provide students with hands-on experience and a better understanding of how trading can help commodity producers and consumers alleviate some physical risks and financial uncertainty in these industries.