CFEM News

Professor López de Prado Appointed Global Head of Quantitative Research and Development

Prof. López de Prado's department is tasked with applying a systematic, science-based approach to developing and implementing investment strategies. This multi-disciplinary team will draw on the latest scientific developments, in areas such as machine learning, big data and high-performance computing. Prof. López de Prado is a recognized expert in financial machine learning. His innovations have covered and connected a wide range of subjects, including overfitting prevention, signal processing, quantum computing, stochastic optimal control, robust convex optimization, and market microstructure... Read more

CFEM Director Victoria Averbukh featured in Quant Summit Virtual. Register with code "QuantSpeaker" for 20% off.

CFEM at Quant Summit Virtual

Register for the Quant Summit Virtual from July 13-16, featuring our practitioner-lecturers and project sponsors, as well as CFEM Director Victoria Averbukh! For more details, check out the event website: https://events.risk.net/quantsummitusa. Read more

CFEM Has the Winning Team in IAQF's Ninth Annual Academic Affiliate Membership Student Competition

Out of 36 teams, the Cornell team was one of five that came out on top. All members of Team Quants by Ganges are in CFEM's Class of 2020: Team Captain Nikunj Agarwal, Subham Behera, Harsh Parsuram Puria, and Vineel Yellapantula. CFEM Senior Research Associate Sasha Stoikov was their advisor. For more information, including the link to CFEM's winning paper, read the official announcement. Read more

NYU Langone Brookyn ER Department posing with donated PPE

Cornell Alumna Steps Up to Support NYC

“When COVID first affected Wuhan, my family became very concerned. We saw how much suffering the disease brought to those infected and healthcare workers selflessly fighting for their patients. When it started in the U.S., I immediately thought about how this could become a great danger for the healthcare workers here. My friend who works as a nurse said that they were only assigned one N95 mask for 3 months. That’s when I made a decision to help with this cause and donate PPE to healthcare workers,” said Annabelle. At first, Annabelle was able to connect with an extensive network through her... Read more

Cornell Professor Speaks to Wall Street’s Need to Train and Retain Diverse Technical Talent

On Friday, December 6, Cornell University Professor Marcos Lopez de Prado testified to the U.S. House Committee on Financial Services about the Impact of AI on Capital Markets and Jobs in the Financial Services Industry. His message was clear—retrain existing talent because technical expertise is becoming more important for the financial industry. Current and future generations of financial professionals should be “trained to work alongside algorithms.” Professor Lopez de Prado emphasized that technical education has the potential to be a powerful tool against discrimination and that the... Read more

Quant Finance Forum Panel Discussion

2019 Cornell Quant Finance Forum: Annual Event is Another Success!

The event, which featured a panel and a reception, sparked a lively discussion about ESG's impact on the financial community. Speakers included the following: Hendrik Bartel CEO and Co-Founder of TruValue Labs Audrey Choi Managing Director, Chief Marketing Officer and Chief Sustainability Officer at Morgan Stanley Ross Garon Managing Director at Point72 Asset Management, L.P., and President of Cubist Systematic Strategies, LLC Kathleen Houssels Global Chief Investment Officer (CIO) at AXA Investment Managers Rosenberg Equities Lukasz Pomorski Managing Director and Head of ESG Research at AQR... Read more

Zach Escalante

CFEM 2nd Annual Webscraping Workshops

CFEM alum Zach Escalante '13 led the second annual CFEM Webscraping Workshops for our students over the past two Fridays. Check out how our alumni give back to the community: https://lnkd.in/d5W4hga Read more

ORIE Adds Marcos Lopez de Prado to Cornell Financial Engineering Manhattan

Marcos Lopez de Prado joins Cornell Financial Engineering Manhattan as a Professor of Practice after leaving his post at AQR as Principal and Head of Machine Learning. "We are delighted to welcome Marcos at CFEM. He has been instrumental in developing and advancing our Financial Data Science certificate, and he brings over 20 years of quant experience into our classroom,” said Victoria Averbukh, Director of CFEM. Before formally joining CFEM, Professor Lopez de Prado taught his graduate course “Advances in Financial Machine Learning” as a CFEM practitioner since 2016. Marcos has been named... Read more

CFEM Alumni and Associate Director Liz Drummond

CFEM's End of the Year Post: Happy Summer to All!

We had so much fun catching up with old friends at Kingston Hall last Thursday. Over drinks and beef patties, incoming CFEM students celebrated the end of their first year and discussed their current summer internships. 100% of incoming CFEMers were placed in summer internships (68% of summer internship offers were a direct result of alumni connections and CFEM resume drops!) 98% of the FE students who completed their studies in December 2018 have accepted full-time offers and/or will pursue Ph.D. programs. We look forward to greeting all new students in Ithaca and New York City in the fall... Read more