News: ORIE

Three faculty members elected AAAS fellows

Cornell faculty members Ailong Ke, David Shmoys and Martin T. Wells have been elected fellows of the American Association for the Advancement of Science, the world’s largest general scientific society. Read more

ORIE junior wins Goldwater Scholarship

By: Chris Dawson

ORIE third-year student Kiran Chandrasekher ’25 has won a 2024 Goldwater Scholarship. The Goldwater Scholarship is one of the most competitive scholarships offered to undergraduates in the US pursuing careers in mathematics, the natural sciences, and engineering. For a student to be considered for the Goldwater Scholarship, which honors former Arizona Senator Barry Goldwater, their name must be put forth by their undergraduate institution. This year, 446 academic institutions nominated 1,353 science, engineering, and math students. Of this group of nominees, 438 were chosen as 2024 Goldwater... Read more

CFEM Faculty Marcos Lopez de Prado Receives Bernstein Fabozzi/Jacobs Levy Award

Lopez de Prado's article, "Where are the Factors in Factor Investing?" was published in The Journal of Portfolio Management and identifies a significant logical inconsistency within the factor investing literature. It was recognized for its critical examination of the econometric approaches used in factor investing studies. He argues that while factor models are intended to have a causal interpretation, researchers virtually never justify their model specification choices in causal terms, hence the question “where are the factors in factor investing?” This oversight leads to misspecified... Read more

Six early-career professors win NSF development awards

Researchers studying large-scale artificial intelligence, microbial biomanufacturing and causal inference methods are among the Cornell researchers who recently received National Science Foundation Faculty Early Career Development Awards. Read more

Cornell ORIE hosting "Alphathon" quant competition

The competition is a chance for students who are interested in exploring a career in quant—which is the design and implementation of complex models that allow financial firms to price and trade securities—to compete against others and showcase their skills. Students who register for the competition will be given access to WorldQuant’s web-based simulation platform called BRAIN, which holds more than 50,000 data points competitors can access to build their models. You can register for the Cornell Alphathon competition here. Cornell was asked to host this Alphathon competition based in part on... Read more

A New Semester is Underway at Cornell MFE

Ayumi Sakamoto, CFEM Associate Director of Career Development, reflected on the new faces at Bootcamp. "We are thrilled to welcome our new first-year students, as well as catch up with our returning second-year students! Our collaborative and supportive culture is stronger than ever!" CFEM Director Victoria Averbukh echoed the enthusiasm for a promising start to the semester. "We welcomed our students in Ithaca and at Cornell Financial Engineering Manhattan with new courses, new Career Bootcamps, and new networking opportunities. The year started with practical career development workshops and... Read more

ORIE's Henderson, Goldberg among those recognized with Cornell Engineering Teaching Awards

The College Teaching Awards recognize outstanding instructors across many dimensions including lecturing; developing novel curriculum, implementing teaching innovations, or novel pedagogy; exceptional mentoring of students; enhancements of instructional laboratories; mentoring of other faculty, or other teaching related service. “Awardees this year include junior and senior faculty, first time winners and those with multiple awards,” said Alan Zehnder, associate dean for undergraduate programs, who presented the awards. “It is inspiring to read the nominations, to learn about some of the... Read more