News: ORIE

ORIE MFEs celebrate their achievements

By: Roselle Bajet

In her opening remarks, CFEM Director Victoria Averbukh encouraged students to be true to themselves and remember to make time for their other talents to flourish alongside their financial careers. ORIE Director Mark Lewis stressed the new responsibilities that come with being Cornell alumni. As Director of M.Eng. Studies Kathryn Caggiano noted to the new graduates, "Pay it forward with your time, with your experience, and with your empathy." In what has become a true CFEM graduation tradition, Senior Research Associate Sasha Stoikov offered a special musical performance to remind students of... Read more

Cornell MFEs Compete in Practitioner-Led Course to Build Trading Algorithms and Learn from the Best

By: Roselle Bajet

One of the defining characteristics of Cornell ORIE'S Financial Engineering degree is the semester students spend learning exclusively from financial practitioners. Moreover, the coursework taught by our practitioner instructors changes in line with the quantitative skills most in demand in the financial industry. This, in fact, is what led us to start the Financial Data Science Certificate in the spring of 2016. Continuing in this tradition, we introduced a new course called "Trading FX, Rates, and Crypto" in the fall of 2020. The course is taught by Giuseppe Nuti, Head of Machine Learning... Read more

2020 INFORMS Annual Meeting

ORIE Wins Big - INFORMS 2020

Adrian Lewis, The Samuel B. Eckert Professor of Engineering, won the John von Neuman prize, awarded for a body of work, with fundamental, sustained contributions to theory in operations research and the management sciences. Adrian will receive $5000, a medallion and a citation for his contribution that has stood the test of time. Wes Gurnee '20, founder and Executive Director of Fairmandering, won the INFORMS Undergraduate Research Prize, the top prize given to undergraduates at the INFORMS annual meeting, for the joint paper with David Shmoys, “Fairmandering: A Column Generation Heuristic for... Read more

The Markets Have Spoken: What Stocks Do Democrats and Republicans Actually Value?

In July 2020, a team of Cornell Financial Engineering Manhattan (CFEM) students won the 9th annual International Association of Quantitative Finance (IAQF) student competition. The students were Vineel Yellapantula, Nikunj Agarwal, Harsh Puria and Subham Behera. The paper (one of 36 submissions from 20 academic programs) was selected to be one of 5 winning IAQF papers. The aim of the competition: to construct a DEM portfolio (one that would do well if Biden won the election), and a REP portfolio (one that would do well if Trump won). Julius Baer, a Swiss private bank, had constructed such... Read more

Wes Gurnee '20 ORIE

Gurnee wins INFORMS Undergraduate Research Prize

Recent ORIE graduate Wes Gurnee ’20 has won the INFORMS Undergraduate Research Prize for a joint paper, Fairmandering: A Column Generation Heuristic for Fairness-Optimized Political Redistricting, written with David Shmoys--who is the Laibe/Acheson Professor of Business Management & Leadership Studies in Cornell's School of Operations Research and Information Engineering and Department of Computer Science. The paper's abstract reads: The American winner-take-all congressional district system empowers politicians to engineer electoral outcomes by manipulating district boundaries. Existing... Read more