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Financial Engineering Students in Wall Street

Third Semester Financial Engineering Students Are At the Center of the Action

November 21, 2008

Despite market turmoil, financial engineering students spending the semester at Cornell Financial Engineering Manhattan are experiencing an exciting time while learning skills that may be exactly what Wall Street needs. Read more

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Statistician Dawn Woodard Joins ORIE Faculty

November 18, 2008

Dawn B. Woodard, a 2007 Ph.D. graduate of Duke University, has joined the ORIE faculty as an assistant professor. Her specialty is statistics, with research work in several areas of application. Read more

Master of Engineering Information Session held November 18, 2008

November 11, 2008

Dr. Kathryn Caggiano, Director of Master of Engineering Studies, and Dr. Victoria Averbukh, Director of Cornell Financial Engineering Manhattan, hosted an online information session on Tuesday, November 18 from 7:00 to 8:00 pm EST.  Read more

Cornell Ranked Among the Top Ten Quant Schools, According to Wall Street Experts

November 4, 2008

Cornell's FE program earned high marks based on "Wall Street recruitability" from an independent board comprised of senior Wall Streeters in a survey conducted by the publication Advanced Trading. Read more

Henderson and Rusmevichientong Receive Teaching Awards

October 15, 2008

ORIE faculty members Shane Henderson and Paat Rusmevichientong have won 2008 teaching awards endowed by Chinese businessmen who were classmates at Cornell. Read more

David Shmoys

David Shmoys Is a co-Principal Investigator on Cornell's Sustainable Computing Grant

October 10, 2008

The National Science Foundation has awarded Cornell a $10 Million grant to pursue the use of computational thinking in problems of sustainability. ORIE's David Shmoys is co-Principal Investigator and associate director of Institute the grant supports. Read more

Cornell Financial Engineering Manhattan Advisory Board Members On Credit Crisis Panel

October 6, 2008

Robert Jarrow and Richard Marin joined Maureen O'Hara in a panel discussion called "Financial Chaos Unraveled" at the Johnson Graduate School of Management. Jarrow and Marin are members of the Cornell Financial Engineering Manhattan Advisory Board.  Read more

Susan Martonosi

BS Alumna Susan Martonosi '99 Returns to ORIE as a Faculty Visitor

October 1, 2008

After completing her BS, Susan Martonosi joined the Peace Corps, teaching high school math in the Republic of Guinea. Now, after a Ph.D. in OR at MIT and three years as a professor at Harvey Mudd College she is back at Cornell as an academic visitor.   Read more

Special Activities Mark the Beginning of the Master of Engineering Year

September 24, 2008

New and continuing Master of Engineering students participated in orientation activities in Ithaca and Manhattan, including an introduction to new program features. Read more

Louis Billera

Billerafest Celebrates Birthday of Math and ORIE Faculty Member Louis Billera

September 19, 2008

Students and colleagues of Professor Louis Billera organized a conference in honor of his 65th birthday. Billera joined ORIE in 1968, eventually moving to the Department of Mathematics while remaining a member of the ORIE faculty. Read more

Alfred Blumstein

Alumnus Alfred Blumstein, Ph.D. '60, Discusses his 40 Year Career as an OR-trained Criminologist

September 18, 2008

Alfred Blumstein of Carnegie Mellon University gave a recent talk, "Bringing OR Perspectives to the Criminal Justice System," to the Boston INFORMS Chapter. The use of operations research in criminal justice largely coincides with his own career. Read more

Professor Hans Follmer

Hans Föllmer Named Andrew Dickson White Professor-At-Large

September 10, 2008

Professor Hans Föllmer, Emeritus Professor of Mathematics at the Humboldt University of Berlin, Germany, has been named an Andrew D. White Professor at Large at Cornell. Read more

Damla Ahipasaoglu

Ph.D. Student Selin Damla Ahipasaoglu Introduces OR to CURIE Academy High School Students

September 4, 2008

The CURIE Academy is a summer residential program for high school girls who excel in math and science and want to learn more about careers in engineering. This summer, Selin Damla Ahipasaoglu spoke to the students about careers in operations research. Read more

ORIE Faculty Members Teach Systems Engineering Locally and at a Distance

August 26, 2008

ORIE provides a strong component of the new Systems Engineering Distance Degree Program, which includes a recently concluded kick-off week on site in Ithaca. Read more

ORIE Alums Gather at Annual Reunion Breakfast

August 20, 2008

Following a tradition of many years' standing, ORIE hosted a breakfast during the Cornell Reunion. This year's breakfast was held in the Weiss Lounge in Rhodes Hall and had attendees from several Cornell classes, including the class of 1948. Read more

Sasha Stoikov

Sasha Stoikov Returns to Head Research at Cornell Financial Engineering Manhattan (CFEM)

August 19, 2008

Sasha Stoikov, who spent the 2006-7 academic year in ORIE as a Visiting Assistant Professor in Ithaca, joins the staff of Cornell Financial Engineering Manhattan to head research and advise Masters projects. Read more

Robert Strawderman

Harvard School of Public Health Names Robert L. Strawderman its 2008 Distinguished Biostatistics Alum

August 14, 2008

Professor Robert L. Strawderman, a member of the Graduate Field of Operations Research, has been named recipient of the 2008 Distinguished Alum Award of the Department of Biostatistics at the Harvard School of Public Health. Read more

Huseyin Topaloglu

Huseyin Topaloglu is Promoted to Associate Professor with Tenure

August 8, 2008

The Cornell Board of Trustees has approved the promotion of Huseyin Topaloglu to Associate Professor with indefinite tenure. Read more

Master of Engineering Graduates Receive Degrees and Awards at Commencement Ceremony

August 1, 2008

Master of Engineering recipients celebrated the completion of their degree program as awards were given for academic and project performance. Winning projects dealt with web marketing, pandemic flu and emergency helicopters. Read more

ORIE Student Farhangi is First to Complete Joint Cornell and Ecole Centrale Paris Program

July 23, 2008

Ramin Farhangi, third in his family to study Operations Research at Cornell, is the first student ever to graduate with three degrees through a unique College of Engineering international collaboration.  Read more

Cornell Hosts NSF-Sponsored Liquidity Risk Conference

July 23, 2008

The topic of liquidity has been very much in recent financial news. With the support of the National Science Foundation, Cornell hosted a conference on Liquidity Risk, with participation by ORIE professors Jarrow, Protter, Schied and Weber.  Read more

Professor Muckstadt

Professor Muckstadt Alerts Alumni to Issues in Health Care Logistics

July 17, 2008

In talks to alumni groups in Atlanta GA and Jacksonville FL, Professor Jack Muckstadt provided an engineer's perspsective on preparations for response to public health emergencies. Read more

More than 100 ORIE Seniors Celebrate Their Graduation

July 16, 2008

On a beautiful Sunday afternoon at the end of May, right after the Cornell Commencement in Schoellkopf Stadium, graduating ORIE seniors received their diplomas in Sage Chapel. Several students were given special awards for their academic excellence. Read more

David Ruppert at conference in his honor

Workshop on Methods and Applications in Modern Statistics Held to Honor David Ruppert

July 15, 2008

Students and associates of David Ruppert, Andrew Schultz Jr. Professor of Engineering in ORIE, held a workshop to celebrate his 60th birthday. Read more

PhD Procession 2008

Seven New Doctors of Philosophy Are Hooded at an ORIE Pre-Commencement Ceremony

July 11, 2008

Recent and soon-to-be Ph.D. degree recipients were honored at a ceremony before the Cornell Commencement. In the hooding ceremony, each student's thesis advisor or a representative places a hood in a ritual designed to recognize scholarly accomplishment. Read more

John Callister

Eship Magazine Highlights ORIE's John Callister

July 10, 2008

John Callister MS '92, PhD '96, the Harvey Kinzelberg Director of Entrepreneurship in Engineering, is featured in a profile in eship, The Magazine of Entrepreneurship@Cornell. Read more

In a Difficult Employment Year, All Continuing Financial Engineering Students Have Summer Internships

July 9, 2008

This year is one of the hardest for employment in the financial sector in many years. Thanks to the ability of the students to adapt to the marketplace -- and the hard work of CFEM -- all continuing FE students have obtained summer jobs this year. Read more

Donald Gross

Donald Gross, Early ORIE Ph.D. Graduate, Reminisces About Cornell and His Career

July 8, 2008

On retiring as research professor from George Mason University, Donald Gross, ORIE MS '59, Ph.D. '62 looks back to a time when ORIE was "just discovering a relatively new area relating to industrial engineering called operations research." Read more

Stephanie Peng

ORIE Graduating Senior Stephanie Peng, 2008 Merrill Scholar, Honors Professor Samorodnitsky as Mentor

June 23, 2008

Stephanie Peng of ORIE is one the 36 Merrill Presidential Scholars selected campus wide in 2008. She recognized Professor Gennady Samorodnitsky as the Cornell faculty member contributing most significantly to her college experience. Read more

Bill Maxwell

Emeritus Professor Maxwell Named Voluteer of the Year

June 19, 2008

Ithaca's Tompkins Trust Company honored Emeritus Professor William "Max" Maxwell for his many community volunteer activities with organizations such as the YMCA, the Alex Haley Pool, the American Red Cross and the Juvenile Diabetes Research Foundation. Read more

Rethemeier thumbnail at pkt reunion

Wall Street Journal Selects Alumnus Todd Rethemeier as a Top Analyst for a Second Year

June 18, 2008

The annual "Best on the Street" compilation by the Wall Street Journal has again named ORIE alum Todd Rethemeier, BS '93 MEng '94 MBA '95, as one of the top analysts of telecommunication stocks. Rethemeier is on the Advisory Board of CFEM. Read more

Duncan Wong

M. Eng. Student Duncan Wong is a Grand Prize Winner in an International Trading Competition

June 12, 2008

Duncan Wong, who will complete his financial engineering studies at the end of the year, beat out 2500 students in the United States to become the US Grand Prize Winner in the JP Morgan FantasyFutures competition. Read more

Sherri Stuewer

ORIE Alumna Sherri Stuewer Delivers a Check for $592,216 to President David Skorton

June 10, 2008

Sherri Stuewer, ORIE '73 MS '75, presented Cornell President David Skorton with a check from the ExxonMobil Foundation matching the gifts of nearly $200,000 by the company's employees, retirees and others. Read more

ORIE Students Are Recognized As Engineering Global Fellows

June 10, 2008

Twenty-three ORIE students were among those invited to a ceremony to recognize undergraduate students as Engineering Global Fellows, highlighting the accomplishments of students who work, study, conduct research or perform service learning abroad. Read more

Michael J. Todd

SIAM Conference Celebrates Professor Michael Todd's Milestone Birthday

June 9, 2008

The recent Conference on Optimization of the Society for Industrial and Applied Mathematics (SIAM) in Boston incorporated a birthday celebration for Professor Michael Todd. Read more

Robert Kleinberg

Robert Kleinberg Wins Sloan and Microsoft Fellowships

June 3, 2008

Microsoft and the Alfred P. Sloan Foundation have awarded ORIE Field Member Robert Kleinberg fellowships to design more robust adaptive systems for decision-making with limited information. Read more

Harpal Singh

Ph.D. Alum Singh Recognized as a Supply Chain "Pro to Know"

May 29, 2008

The Supply and Demand Chain Executive magazine has designated Harpal Singh, Ph.D. '81 as a supply chain industry thought leader. Read more

Henderson and Huseyin examine an ambulance

Henderson and Topaloglu Garner an NSF Grant for Emergency Services Improvement

May 23, 2008

The National Science Foundation has awarded a grant to Professors Shane Henderson and Huseyin Topaloglu to work on techniques of optimization applicable to a broad class of problems, especially some arising in the delivery of emergency services. Read more

Undergrads and Masters Students Elect Professors and TAs of the Year

May 14, 2008

Professors Jackson and Henderson were named Professors of Year and Ph.D. students Huang, Nagarajan and Van Zuylen were each named Teaching Assistants of the Year at a May 13 awards luncheon. Read more

CEAA Energy Systems Conference Cover

ORIE Alums Comment on Sustainable Energy Conference

May 12, 2008

Several ORIE alumni attended the recent Cornell Engineering Alumni Association annual conference, with its theme of sustainable energy systems. They came away with a sense of urgency and a view that Operations Research can help. Read more

Cornell University Undergraduate Research Board

Seniors Present Mass Prophylaxis Project at Undergraduate Research Forum

May 7, 2008

At the Research Forum, Seniors Caitlin Hawkins and Cindie Wu presented a poster describing their project to develop software that can be used to develop and test various staffing alternatives to vaccinate or treat a large population.
Read more

Foodnet Logo

M. Eng. project helps Foodnet Meals on Wheels Improve Service and Hold the Line on Costs

April 22, 2008

A 2006 Master of Engineering project has enabled Foodnet's Meals on Wheels program to deliver meals on time while overcoming most of the increase in fuel costs. Read more

Robert Bixby

Robert E. Bixby, ORIE Ph.D. '72, returns to Cornell to Deliver the Fulkerson Lectures on Optimization

April 11, 2008

The Rice University professor and co-founder of CPLEX will give a series of lectures in April honoring Professor Ray Fulkerson and highlighting 'startling improvements' in the computation of optimal solutions to a broad class of mathematical models.  Read more

Jay Tian, Competition Winner

Master of Engineering Student Ye (Jay) Tian Places Second in Automated Trading Competition

April 8, 2008

Jay Tian has won $50,000 as the second place finisher in the third annual Interactive Brokers Collegiate Trading Olympiad. Tian developed software that automatically trades options on stocks and commodity futures. Read more

William Maxwell

Professor Emeritus William Maxwell Joins People to People Delegation to Operations Research Professionals in South Africa

March 26, 2008

William L. Maxwell, ORIE BME '56 PhD '61, and his wife Judith were members of a delegation of OR professionals travelling with a People to People Citizen Ambassador program to meet their counterparts in South Africa. Read more

Robert S. Kaplan

Harvard Business Review's Centennial Issue Features Article by Robert S. Kaplan, ORIE Ph.D. '68

March 24, 2008

"Mastering the Management System" by Robert S. Kaplan, Marvin Bower Professor of Leadership at the Harvard Business School, and David P. Norton appears in the January 2008 issue of the Harvard Business Review. Read more

P&G logo

ORIE Graduates Help Hone Procter and Gamble's Secret Weapon

March 24, 2008

In successfully competing on analytics, the world's biggest consumer goods company employs the talents of many ORIE graduates.  Read more

Elissa Sterry at Enterprise Engineering Colloquium

ExxonMobil Chemicals Vice President Elissa P. Sterry, ORIE BS '79 M.Eng. '80, Discusses Worldwide Energy Outlook

March 20, 2008

Elissa P. Sterry provided a view of the outlook for energy worldwide through the year 2030, at the Engineering Enterprise Colloquium. Read more

Applications to ORIE's M. Eng. Program Have Tripled Since 2005

February 27, 2008

The ORIE Master of Engineering program has grown in popularity in each of the past four years, for a compound annual growth rate of more than 40%. The growth has been driven largely by interest in the program's Financial Engineering Concentration. Read more

Jon Kleinberg, photograph by Michael J. Okoniewski

OR Field Faculty Member Jon Kleinberg Elected to the National Academy of Engineering

February 20, 2008

Professor Jon Kleinberg, a faculty member in the Department of Computer Science and a member of the PhD Field of Operations Research, has been awarded one of the highest honors accorded to an engineer, election to the National Academy of Engineering.  Read more

Brenda Dietrich

Dietrich named VP as Business Analytics and Mathematical Science Gains New Stature at IBM

February 15, 2008

Brenda Dietrich, ORIE Ph.D. '86, has been named Vice President of Business Analytics and Mathematical Science and now reports to the Director of IBM Research. The move confirms the strategic importance to IBM of her team. Dietrich visited ORIE in 2007. Read more

John Muckstadt

Muckstadt Appointed to Board of Scientific Counselors to Centers for Disease Control and Prevention (CDC)

February 15, 2008

Michael O. Leavitt, the U.S. Secretary of Health and Human Services, has appointed ORIE Professor John A. Muckstadt to the Board of Scientific Counselors of the Coordinating Office for Terrorism Preparedness and Emergency Response (COTPER) of the CDC.  Read more

Paat Rusmiehchvietong

NSF awards Five Year Early Career Development Grant to Prof. Rusmevichientong

February 12, 2008

Professor Rusmevichientong proposed research to help decision makers select, in real time, from among a large number of alternatives under conditions characterized by uncertainty, by making use of high volume data streams and new algorithms.  Read more

Audience at 2008 Meet and Greet Event

Meeting and Greeting During a Turbulent Wall Street Week

February 4, 2008

Current students in Cornell's Financial Engineering Concentration met on January 17, 2008, with alumni and other industry representatives at Cornell Financial Engineering Manhattan.  Read more

M. Eng. project team for the 2004 TCAT project, with Francis Vanek

M. Eng. Project Leads to Journal Publication

January 4, 2008

A 2004 Master of Engineering project for Tompkins Consolidated Area Transit is the subject of a journal article. Read more

Metin Cakanyildirim and Tim Huh, with Barry Nelson, at Kuhn Award ceremony

PhD Graduates Huh and Cakanyildirim and Their Advisor. Roundy, Win Top Research Paper Award

January 4, 2008

Woonghee Tim Huh, Robin O. Roundy and Metin Cakanyildirim have been awarded the Harold W. Kuhn Award for the best paper to be published in the last three years by the operations management journal Naval Research Logistics.  Read more

Merrill recipient Ji Gu with her influential teachers and President Skorton

Ji Gu named Merrill Presidential Scholar, Cites Professor Ruppert for His Contribution to Her College Experience

December 3, 2007

Graduating senior Ji Gu was one of 36 Cornell Seniors honored last May together with the high school and university teachers who made important contributions in their lives. Read more

Council members Rethemeier and Gingrich meet Professor Weber, center.

Advisory Council for Cornell Financial Engineering Manhattan Holds Inaugural Meeting

November 28, 2007

The newly named ORIE office at 55 Broad Street, Cornell Financial Engineering Manhattan (CFEM), now has an Advisory Council of 13 financial industry luminaries. The Council met together for the first time on November 8 at the Cornell Club in New York. Read more

august 07 FE orientation at OR Manhattan_edited-1

The Road to a Financial Engineering Masters Degree Begins in Ithaca and Leads Straight to Manhattan

November 26, 2007

Next fall, students in the Financial Engineering Concentration will move to New York City to complete their 3-semester program. Their capstone Financial Engineering project and final course work will take place at ORIE's CFEM near the Stock Exchange.
Read more

Heavy-Tail Phenomena: Probabilistic and Statistical Modeling by <br />Sidney Resnick<br />

ORIE Professor Publishes Best Seller

November 11, 2007

Sidney Resnick's new book. "Heavy-Tail Phenomena: Probabilistic and Statistical Modeling", is number 14 on the best seller list.
Read more

OR Pioneer Balinski Delivers Messenger Lectures on Representing, Electing and Ranking

September 27, 2007

Professor Balinski discussed the mathematics of some essential mechanisms for the regulation of human activity in one of Cornell's most prestigious university-wide lecture series. Read more

Director of IBM's Mathematical Sciences Division Promotes Operations Research in the Service Sector

September 11, 2007

INFORMS President Brenda Dietrich. ORIE Ph.D. '86, discussed accomplishments and opportunities for Operations Research in the business services industry at the ORIE Colloquium.  Read more

ORIE Students Display Their Work at Research Showcase

September 11, 2007

Two ORIE projects were featured at the College of Engineering Reseearch Showcase on September 11 in the Duffield Atrium. The student researchers used posters to describe their work to industry representatives and fellow students. Read more

Adrian Lewis, David Williamson Win Teaching Award

September 5, 2007

Professors Adrian Lewis and David Williamson have received the 2006-7 Sonny Yau '72 Engineering Excellence in Teaching Award. Read more

Paul Klug displays forms folder at opening Colloquium

Paul Klug, Managing Director and COO of Deutsche Asset Management Asia, opens the 2007 Enterprise Engineering Colloquium.

August 28, 2007

Paul Klug '73, Managing Director and COO of Deutsche Asset Management Asia, was the first speaker in the Enterprise Engineering Colloquium. He provided a perspective on the role of the asset or portfolio manager. Read more

New Financial Engineering Students Attend Orientation at OR-Manhattan

August 24, 2007

The School of Operations Research and Information Engineering (ORIE) welcomed new students in the Financial Engineering Masters Concentration Aug. 16 at an orientation session designed to quickly immerse students in the real world of financial services. Read more

ORIE PhD Students' Paper on Viral Marketing Against a Competing Product is Nominated for a "Best Paper" Award

August 19, 2007

Tim Carnes, Chandra Nagarajan, Stefan Wild and Anke van Zuylen presented a paper on "Maximizing Influence in a Competitive Social Network: A Follower's Perspective" at the Ninth International Conference on Electronic Commerce in Minneapolis. Read more

Emergency Response Logistics Conference held at OR Manhattan

August 17, 2007

On Aug. 2-3, leading researchers discussed public health emergency response logistics at the Manhattan campus of Cornell’s School of Operations Research and Information Engineering. Read more

Bloomberg Markets Magazine Profiles Robert Jarrow as "The Innovator"

August 1, 2007

In the August 2007 issue of Bloomberg Markets Peter Carr describes the history and mathematics of the Heath-Jarrow-Morton model for valuing interest rate derivatives. Jarrow belongs to the field of OR and the Johnson Graduate School of Management. Read more

Seth Cochran, BS '00, M. Eng. '02, climbs Kilimanjaro for Charity

July 26, 2007

With his climb Cochran, a financial manager for the telecomm manufacturer ADC, raised nearly $25,000 for The Smile Train, a charity that provides cleft palate and lip repair surgeries for children in underdeveloped countries. Read more

Kathryn Caggiano becomes Associate Director for M. Eng.

July 11, 2007

Kathryn Caggiano, who received her Ph.D. from Cornell in 1998, has returned to ORIE as Associate Director for the Master of Engineering program.  Read more

victoria averbukh at the New York Stock Exchange

Victoria Averbukh to Direct Financial Engineering Manhattan

July 11, 2007

Victoria Averbukh has been named the Director of Financial Engineering Manhattan, the educational and research center of the School of Operations Research and Information Engineering (ORIE) at 55 Broad Street in the Wall Street district of Manhattan. Read more

Cornell Hosts Twelfth Conference on Integer Programming and Combinatorial Optimization

June 27, 2007

The conference, organized in Ithaca by Professor David Williamson, attracted scholars who work on the theory, computation and applications related to allocating scarce resources that can only be used in discrete (i.e. whole number) quantities.  Read more

Philip Protter Delivers Inaugural von Mises Lecture on Financial Bubbles

June 7, 2007

On June 7, 2007, Professor Protter gave the first annual Richard von Mises Lecture in Berlin, Germany, on the subject of financial bubbles.  Read more

OR Forms Partnership to Help Hospitals Nationwide

OR Forms Partnership to Help Hospitals Nationwide Deal With Mass-Casualties From Disasters

February 1, 2006

OR and Weill Cornell help hospitals and government agencies nationwide plan for and deal with mass casualties from disasters such as hurricanes, a flu pandemic and bioterrorism. Read more

Michael Zak ’75 helps devise new program to study U.S./China relations

October 20, 2005

'...graduates of this program will have an intimate understanding of China. They will have walked the ground and lived the life.’ - Michael Zak ’75 Read more

ORIE Professors Robert Bland and David Shmoys improve Cornell's final exam

A Little Help Here

March 21, 2005

ORIE Professors Robert Bland and David Shmoys improve Cornell's final exam scheduling.

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