News: ORIE

CFEM Goes Global: An International Collaboration with Covario

Covario will collaborate with a team of CFEM students to answer the relevant industry question of "How Might We Use Order Limit Book Data on Centralized Crypto Exchanges to Make Short-Term Price Predictions"? Spearheading this project are Luis Fernández, Covario's Head of Quantitative Research, and Prof. Sasha Stoikov , CFEM Head of Research. Mr. Fernández and his team are first-time sponsors, and he noted, "We look forward to helping students experience first-hand the positive impact of when traditional mathematical and scientific skills are applied in the crypto space." To learn more about... Read more

Howard Morgan

New gift endows Morgan Chair to ORIE's Topaloglu

By: Cornell Tech

Earlier this year, Cornell Tech Dean Greg Morrisett announced that a gift from Howard Morgan Ph.D. ’68 and his wife Eleanor, will be used to endow a new faculty chair—the Howard and Eleanor Morgan Professor—awarded to Professor Huseyin Topaloglu, an expert in operations research whose work focuses on dynamic programming and applications in supply chain logistics. “Eleanor and I are thrilled that endowing this chair allows us to support the scholarship of brilliant faculty like Huseyin who have had such an important impact in the field of operations research,” Morgan said. “It’s very meaningful... Read more

David Williamson

David Williamson extends IS chair appointment

By: Cornell Ann S. Bowers College of Computing and Information Science

David Williamson, professor in the School of Operations Research and Information Engineering and in the Department of Information Science, has agreed to extend his appointment as Chair of the Department of Information Science, a role he has held since July 1, 2021, for an additional year. Read more

CFEM Class of 2021 Present Final Projects

Capstone Projects: The Hallmark of a Cornell Financial Engineering Education

By: Roselle Bajet

CFEM Senior Research Associate Sasha Stoikov is a faculty advisor who has spent over a decade in guiding students throughout the process of conducting research and gathering data. He notes that CFEM selects a diverse set of companies looking for innovative solutions to financial data science problems. Some projects proposed by Fintech companies in 2021 were related to cryptocurrencies and ESG impact investing. Banks and brokers in our lineup of companies have continued their interest in Machine Learning applications to include factor timing, portfolio allocation, and market making. For example... Read more

Professor Mark Lewis

Mark Lewis reappointed ORIE director

Mark Lewis, the Maxwell M. Upson Professor, has been reappointed as director of the School of Operations Research and Information Engineering. His reappointment is for a two-year period from July 1, 2022, to June 30, 2024. Read more