Ryerson undergraduate business student Lyubomir Halachev beat out submissions by PhD candidates and Master's students to win the prize for best student paper at the recent
International Congress on Environmental Modelling Software held in Ottawa. His paper, co-authored with two other Ryerson researchers, provided a model to predict the financial viability of water-sector companies.
"The supply and distribution of water is vital everywhere. As a result it's important to identify in advance which water companies might experience financial trouble so that governments and industry can hopefully salvage them in time," Halachev
said in a statement. He was inspired by the idea that given a possible coming water crisis, in which a majority of the world's population is expected to face water shortages within a generation, the economic stability of water-sector companies is of tremendous social and environmental concern.
After Halachev completed his initial research, he partnered with Ryerson engineering student Yashodan Athavale to develop the mathematical computer model for the project, and then with Ryerson Information Technology professor Aziz Guergachi, who supervised the research and co-authored the paper.
Writer: Edward Keenan
Source: Suelan Toye, Public Affairs, Ryerson University
Got an Innovation & Job News tip? Email [email protected].