Illinois Institute of Technology to Honor Jenny Just with Honorary Doctorate
Chicago—May 11, 2024—In a momentous occasion for both the Illinois Institute of Technology (Illinois Tech) and the world of business, Jenny Just, a trailblazing entrepreneur and one of the few self-made female billionaires in the United States, will be awarded an Honorary Doctor of Business, honoris causa. This recognition will take place during Illinois Tech’s 155th Commencement ceremony at Credit Union 1 Arena, marking a significant milestone in the university’s history and in the celebration of women in leadership roles.
A Journey from Trading Floors to Fintech Empire
Jenny Just’s journey began on the bustling trading floors of Chicago, where she honed her skills in a high-stakes environment. In 1997, she co-founded PEAK6 with an initial investment of $1.5 million, focusing on proprietary options trading. Under her visionary leadership, PEAK6 has transformed into a multibillion-dollar financial services and technology empire. The firm now encompasses a diverse portfolio of over 15 companies, including PEAK6 Capital Management, Apex Fintech Solutions, and even an esports franchise, Evil Geniuses. This remarkable evolution showcases Just’s ability to identify and capitalize on emerging opportunities in the financial landscape.
A Commitment to Educational Equity
In her acceptance of the honorary degree, Just expressed her gratitude, stating, “I am deeply honored to receive this recognition from Illinois Tech. It’s a humbling tribute to my work, and it also serves as a powerful motivator for the future.” Her commitment to educational equity is evident in her initiatives aimed at empowering the next generation of leaders, particularly women. Just’s advocacy for women in business is not just a personal mission; it is a call to action for others to join her in creating a more inclusive environment across various sectors.
Empowering Women Through Strategic Skills
In 2020, Just and her daughter Juliette launched Poker Power, a woman-led initiative that teaches poker to women and girls. This innovative program goes beyond the game itself; it instills essential skills such as strategic thinking, capital allocation, and decision-making. By equipping women with these tools, Just aims to create a ripple effect that encourages them to take their seats at the table—whether in business, finance, or any other field. Additionally, her initiatives like the Women’s Trading Experience and Women’s Technology Experience further exemplify her dedication to fostering female talent in traditionally male-dominated industries.
A Role Model for Future Leaders
Illinois Tech President Raj Echambadi praised Just, stating, “Jenny Just exemplifies Illinois Tech’s spirit of innovation and leadership. Her profound impact on the finance industry and her unwavering commitment to raising up others inspires our whole university community.” This sentiment is echoed by Liad Wagman, dean of the Stuart School of Business, who emphasized Just’s role as a model for students. He noted that her innovative mindset and strategic acumen are qualities that current and future leaders should aspire to emulate.
Academic Foundations and Future Aspirations
Jenny Just’s academic journey began with a B.B.A in Business, Management, Marketing, and Related Support Services from the Stephen M. Ross School of Business at the University of Michigan in 1990. This solid foundation in business principles has undoubtedly contributed to her success in the competitive world of finance. As she receives this honorary degree, Just remains committed to using her platform to inspire and uplift others, particularly women, in their pursuit of success.
Illinois Institute of Technology: A Hub of Innovation
Founded in the vibrant city of Chicago, Illinois Tech is dedicated to harnessing the power of diversity to drive technological advancement and innovation. As the only tech-focused university in the city, it offers a unique blend of undergraduate and graduate programs across various disciplines, including engineering, computing, architecture, business, design, science, and law. The university’s commitment to hands-on experiences and personalized mentorship ensures that its students are well-prepared for the challenges of the modern workforce.
Stuart School of Business: Bridging Business and Technology
The Stuart School of Business, part of Illinois Tech, has a rich history dating back to the late 1890s. It stands out as the only business school within a tech-focused university in Chicago, uniquely positioning itself to bridge the gap between business and technology. With rigorous programs in analytics, finance, economics, marketing, and management, the school prioritizes career readiness through abundant opportunities for internships and networking. Over its 125-year journey, the school has continually refined its curriculum to meet the evolving demands of the business world.
A Celebration of Achievement
As Illinois Tech prepares to honor Jenny Just, the event serves as a celebration of not only her remarkable achievements but also the broader movement towards inclusivity and empowerment in business. Just’s journey from the trading floor to the helm of a fintech empire exemplifies the potential for innovation and leadership that exists when diverse voices are heard and valued. Her story is a testament to the power of perseverance, vision, and the importance of lifting others as we climb.