Born on a farm in Lavey, County Londonderry, Northern Ireland, Phelim Boyle attended Dreenan School, Garron Tower and Queen"s University Belfast (Bachelor of Science) He earned his Master of Science, and Doctor of Philosophy in applied mathematics, specialising in physics, from Trinity College, Dublin.
He is best known for initiating the use of Monte Carlo methods in option pricing. He is a professor of finance in the Laurier School of Business & Economics at Wilfrid Laurier University in Canada. Until June 2006 he held the J Page R Wadsworth Chair at the University of Waterloo.
Additional to his contributions to quantitative finance, he has published papers on actuarial science and demography.
He continues to contribute in the area of quantitative finance. He has been awarded the Centennial Gold Medal of the International Actuarial Association and was the recipient of the IAFE/SunGard Financial Engineer of the Year in 2005.
