Welcome to the University of Houston's Newest
The Department of Statistical Finance is a joint venture
between the UH College of Business, Natural Science and
Mathematics, and the Corleone Family. Conceived as a way to
utilize an other wise unused and unfinished building
--pictured above), we provide the students
and UH community a way to fund their education via
slot-machines, card-tables, and other forms of gambling.
Our courses range from practical seminars on "how to beat
the odds" and "how to collect from dead-beats" to advanced
courses on card counting and stealth technology.
Be the Smartest Guy in the Room!
: "You cannot beat a roulette table unless
you steal money from it."
Our Classes and Research
We emphasize not only theoretical but
practical and experimental aspects of statistical finance.
The odds are in your favor that a degree from our
department can lead to a fulfilling and rewarding career.
Here are some of our students performing exciting laboratory
experiments under the watchful eye of their TA. Cougar High has become
Cougar High-Rollers! Laisse le bon temps rouler!
Our on-site maintenance and delivery experts insure you that our lab-equipment
is up to date and meets the most rigorous industry standards. Why settle for less?
Facilities: Cougar Casino!
Our faculty has world class reputation in the area of
statistical and creative finance. Come, learn from the
Known for keeping a "lucky" orange in front of him on the
table, and after the second consecutive WSOP title, other players began
bringing fruit to the table in hopes of increasing their luck. Chan
says he only had an orange with him because of the pleasant scent, as
smoking, which was allowed in many tournaments then, bothered
him. Chan was once a smoker, but now he neither smokes nor drinks
alcohol. In 2005, Chan won his tenth World Series of Poker title,
defeating Phil Laak in a Texas hold 'em event. He is tied with Doyle
Brunson for second place with 10 World Series of Poker bracelets,
behind Phil Hellmuth (11). He was inducted into the Poker Hall of Fame
Through 2006, Chan has won $3,744,331 at the World Series of Poker.
Dr. Kenneth Lay
Ph.D. University of Houston (Economics)
Subject of a number of books, including "Conspiracy of Fools" (2005),
"Icarus in the Boardroom, The Tao of Enron: Spiritual Lessons from a
Fortune 500 Fallout" (2002), "The Smartest Guys in the Room" (2003),
"24 Days", and "Power Failure", Dr. Lay was one of America's
highest-paid CEOs, earning (for example) a $42.4 million compensation
package in 1999. In December 2000, Lay was mentioned as a possible
candidate for President Bush's Treasury secretary along with
J.P. Morgan & Co. head Douglas A. Warner III and a few others. After
dumping large amounts of Enron stock in the fall of 2001 as its price
fell, he encouraged his employees to continue to buy more stock
assuring them of a rebound. All told, he liquidated upwards of $300
million, most in stock options. In July 2004, he was indicted by
grand jury, and later found guilty on nine counts of fraud and
conspiracy. This conviction was later abated upon Dr. Lay's untimely demise
while attempting to prove the notorious and hitherto unproven
take it with you" conjucture.
Dr. Lay is certainly the Grand Poobah of Creative Finance.