News: ORIE

CFEM celebrates 15th anniversary by hosting Future of Finance Conference

“While I had no doubts this would be a successful forum, I could never imagine the level of positive response. Comments from attendees surpassed any expectation that our panelists or our sponsor envisioned,” Victoria Averbukh, Director of CFEM, said. The conference brought together senior academics, Wall Street practitioners, finance entrepreneurs, and some non-finance people to discuss the future of quant finance. There were 15 wide-ranging panel discussions and a keynote address delivered by retired US Navy Admiral Scott Sanders on “The Geopolitical Risk of Tomorrow.” The sheer number and... Read more

Collaboration to infuse human behavior into epidemiological models

By: Chris Dawson

COVID-19 made clear the need for improved models. Organizations at all levels of society, from small businesses and schools to cities and countries, have been making decisions throughout the pandemic without a clear idea of exactly what factors they should be considering. Cornell’s successful COVID-19 response was shaped largely by models created and updated by members of the School of Operations Research and Information Engineering (ORIE) under the leadership of Peter Frazier, the Eleanor and Howard Morgan Professor, with major contributions by David Shmoys, the Laibe/Acheson Professor of... Read more

Scheinberg named INFORMS Fellow

INFORMS, the largest association for the decision and data sciences, has officially named 12 outstanding members as Fellows, including ORIE's Katya Scheinberg. The 2022 INFORMS Fellows will be inducted during the INFORMS Annual Meeting, Oct. 16-19, which will be held in Indianapolis. Scheinberg joined the School of Operations Research and Information Engineering faculty in July 2019, after serving as the Harvey E. Wagner Endowed Chair Professor at the Department of Industrial and Systems Engineering at Lehigh University. INFORMS is honoring Scheinberg for "for outstanding research... Read more

Future of Finance Conference This September Is Not to Be Missed

With the support of our sponsor, Rebellion Research , this event is shaping up to be a one-of-a-kind meeting of a broad range of experts in quant finance. From senior academics to seasoned Wall Streeters and Fintech founders, we are bringing together amazing talent to exchange ideas and share opinions. See the full agenda as it is being finalized. Do not miss this unique event! Join us on September 16th on the Cornell Tech campus in New York City. Click here to reserve your spot (capacity is limited). Read more

Giving students an early introduction to Operations Research

Lewis, the Maxwell M. Upson Professor of Engineering and Director of the School of Operations Research and Information Engineering (ORIE) at Cornell, and Shmoys, the Laibe/Acheson Professor of Business Management and Leadership Studies, have a combined 50 years experience teaching the theory and practice of operations engineering. If anyone can convey the excitement, beauty, and sheer usefulness of mathematical modeling, it is them. Lewis was a key part of the 2022 CATALYST program this year, where he got to work with more than 50 high school students. CATALYST Academy is a one-week program... Read more

CFEM team wins IAQF contest

The International Association for Quantitative Finance ( http://www.iaqf.org ) has announced the winners of the Eleventh Annual Academic Affiliate Membership Student Competition. Twenty-five teams representing fourteen academic programs submitted papers in response to this year's competition problem which focused on predictors of the state of the market. The full problem can be found on the IAQF Site here . The IAQF is the not-for-profit, professional society dedicated to fostering the profession of quantitative finance by providing platforms to discuss cutting-edge and pivotal issues in the... Read more

New Announcement! UBS and CFEM Partner for AI, Data & Analytics Speaker Series

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 reimagining how we approach our workflow challenges to harness the power of artificial intelligence, data and analytics (ADA) with the newly launched center of expertise being just one example, bringing together data scientists and analytics experts from across the bank to harmonize and unify our group efforts. UBS Investment Bank provides corporate, institutional and... Read more

Leadership in Ukraine: A Spotlight on Cornell MFE '22 Ivan Kosyuk

"From the first day of the war in Ukraine, I searched for an opportunity to help my country. At first, I participated in a volunteer group of engineers to create useful software for the cause. Tech in Ukraine is a promising and rapidly growing sector, but after I learned about the scale of job loss among skilled engineers, I realized that this is where I could help the most. "Together with a few members of our community, we formed UA IT HUB—an organization of engineers open to working for clients abroad. By organizing teams within the country, we realized that we could foster expertise in... Read more

ORIE welcomes new members to the INFORMS Omega Rho Honor Society

Due to COVID considerations, ORIE was unable to gather to recognize last year's 23 honorees. This year, the School hosted an ice cream reception for the 13 members of the 2021-22 cohort as well as for those from last years group who were still a Cornell. The Institute for Operations Research and the Management Sciences (INFORMS) is an international society for practitioners in the fields of operations research, management science, and analytics. One of the many valuable roles INFORMS plays in the development and promotion of the field of OR and analytics is the administration of the the Omega... Read more

Successful ORIE Showcase highlights undergrad research, promotes the field

The showcase was conceived with several purposes in mind. One was to give ORIE undergraduates a chance to share their research projects with peers, professors, grad students, and students from outside of ORIE. Another was to help build a feeling of community in the school after two long years of limited chances to socialize. And a third goal shared by Goldberg and the student leaders of the Undergraduate ORIE Society was to introduce the field of Operations Research to students who have not yet have chosen a major. There were ten posters and a software demo in the poster session, representing... Read more