News: ORIE

Capstone Projects: Measuring Its Impact on Cornell Financial Engineering and Beyond

This academic experience has proven to be conducive to teamwork, leadership, and innovation, all of which our graduates demonstrate as they enter the workforce. Cornell MFE alumni have gone on to prestigious hedge funds, banks, and tech companies, with many citing their projects as key to their success. CFEM Head of Research Sasha Stoikov has overseen all project teams for more than fifteen years. “I'm very proud of the state of our Financial Data Science (FDS) projects. Like all science, they sometimes strike gold, but success is not guaranteed. They give students the chance to apply ORIE... Read more

Spain honors ORIE CFEM professor with knighthood

Marcos López de Prado, a visiting professor in Cornell Engineering’s School of Operations Research and Information Engineering, has received the Officer’s Cross of the Royal Order of Civil Merit, which represents a knighthood and one of Spain’s highest honors, in recognition of his “distinguished services to science and the global investment industry.” The award was presented on behalf of King Felipe VI and the government of Spain by H.E. Íñigo de Palacio España, the Spanish ambassador to the United Arab Emirates, at a ceremony in Abu Dhabi on Nov. 21. Knights and Dames of the Order are... Read more

Cornell Master in Financial Engineering Students Named Winners in the Society of Quantitative Analysts' (SQA) Alphathon 2024 Competition

A team of five Cornell MFE students and one NYU graduate student proposed a winning solution in competition with 77 other teams. Their topic was sponsored by AllianceBernstein, and they were tasked with answering the question, "Can We Use LLMs and Alternative Data to Outperform the S&P500?" The students had three weeks to submit a five-page paper detailing their approach in applying Large Language Models to the analysis of market regimes. The data sources came from Eagle Alpha, Quant Connect, Data Bento, and more. Expounding upon their winning research, Shun Wang (MFE '24) noted, "This... Read more

CFEM Student Recognized by INFORMS 2024 Winter Simulation Conference

Students at Cornell's Financial Engineering program have many opportunities to engage in quantitative finance research and to expand their knowledge through collaborations with industry practitioners and academic experts. This emphasis on a hands-on approach emphasizes practical applications of theory and enables students to explore advanced topics that bridge complex models with real-world solutions. A case in point is the research of current student Daham Kim '24, who, in collaboration with CFEM Visiting Faculty and longtime collaborator Irene Aldridge, has received recognition from the... Read more