News: ORIE

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

"CFEM and UBS AI & Data Research Seminars" - A Second Year of Collaboration!

Today's world of new technologies, the abundance of data, and alacrity to deliver quicker, cheaper and at scale is fueling digitalization (and increasing/changing expectations of Financial Services providers). At UBS, we are focused on harnessing the power of AI to enhance our client services and streamline our workflows — with safety and regulations on center stage — bringing together data science and analytics experts from across the bank to harmonize and unify our group efforts. Find out more about opportunities at UBS. UBS Investment Bank provides corporate, institutional and wealth... Read more

A Springtime Reunion for Cornell MFE

Over 50 guests discussed their latest milestones with drinks and hors d’oeuvres. A few current students also joined the party as their peers freely shared professional and life advice. CFEM Associate Director Ayumi Sakamoto, who joined us in 2021, was a new face to many of our alumni who met her in-person for the first time. CFEM Director Victoria Averbukh briefly addressed the crowd to express gratitude for their continued support. Our alumni remain committed to the program and are a big part of why we have maintained excellence over the years. This was another reunion for the books! We are... Read more

Samorodnitsky wins NSF grant

Samorodnitsky has been on the ORIE faculty at Cornell since 1988 and says his research interests lie in probability theory and its various applications. This three-year, $200,000 grant from the NSF will support Samorodnitsky’s goal of learning how to forecast future extreme observations and to assess their impact. In his proposal Samorodnitsky wrote, “Do tropical storms become more deadly as global temperatures rise? Does extreme violence become more widespread as the economic conditions worsen? Questions of this type are studied by climate scientists and social scientists respectively, but... Read more

Patie wins NSF grant

The three-year, $300,000 award is in line with the Division of Mathematical Sciences’ mission “to support research in mathematics and statistics, training through research involvement of the next generation of mathematical scientists, conferences and workshops, and a portfolio of national mathematical sciences research institutes.” Patie has been at Cornell since 2013 and his research resides at the crossroads of probability theory and functional analysis, with a pronounced emphasis on real-world applications across diverse areas of applied mathematics. In his proposal to the NSF, Patie... Read more