all past presidents and the Fellows selected since that date. Each year, the Nominating Committee, chaired by the current president, solicits names from the membership and nominates a slate of no more than five candidates from which current Fellows elect a maximum of two new Fellows. Polling of the current Fellows is carried out by the immediate past-president prior to the next annual meeting. Prizes and awards Fischer Black Prize Biennially, the association awards the Fischer Black Prize at its annual meeting. The award, named in honor of economist Fischer Black, recognizes an outstanding young academic whose original research has made a significant contribution to the field of finance. Brattle Prizes Annually, the Brattle Prizes are awarded annually for outstanding papers on corporate finance at its annual meeting. Dimensional Fund Advisors Prizes Annually, the association awards the Dimensional Fund Advisors Prizes (prizes prior to 2019 were sponsored by Amundi Pioneer, Amundi Smith Breeden, and Smith Breeden) for the top three papers in the Journal of Finance in any area other than corporate finance at its annual meeting. Morgan Stanley-AFA Award for Excellence in Finance The Morgan Stanley-American Finance Association Award for Excellence in Finance was a bi-annual finance award granted based on an individual's career achievements in outstanding thought leadership in the field of financial economics. The Award began in 2008 and continued for 5 bi-annual periods. Notes External links American Finance Association Morgan Stanley AFA Award Professional associations based in the United States Business and finance professional associations Economics societies Learned societies of the United States Organizations established in 1939 1939 establishments in the United States