Though the Department is relatively new, Operations Research & Financial Engineering has had a distinguished history at Princeton. In fact, a significant portion of modern ORFE is an outgrowth of activities at Princeton between 1930 and 1960.
At the 5th International Conference on Continuous Optimization of the Mathematical Optimization Society, Assistant Professor Mengdi Wang received the Young Researcher Prize in recognition of the paper "Stochastic Compositional Gradient Descent: Algorithms
Amir Ali Ahmadi will use his Howard B. Wentz award, given by the School of Engineering and Applied Science, to enable him to fund his research in the theory of optimization and the computational aspects of dynamics and control.
This year's CAARMS Conference was held at Princeton University and the Institute for Advanced Study. This was the twenty-second Conference for African American Researchers in Mathematical Sciences (CAARMS) spearheaded by ORFE Professor William Massey.
Welcome to ORFE
ORFE was founded in 1999 at Princeton University with the intention of expanding the institution's distinguished legacy in statistics (Wilks, Tukey), probability (Feller, Hunt), optimization (Kuhn, Tucker), convex analysis (Rockafellar, Gomory), and game theory (Nash, von Neumann, Morgenstern).
While the scales of our research applications and data have grown exponentially since ORFE's founding, our mission has remained steadfast. The faculty are committed to developing and teaching the quantitative theories/models and methods/algorithms needed to face the data challenges of modern society. Our collective specialties include the regulation of financial institutions, energy and the environment (specifically the financialization of commodities, climate change, and emissions control), the transportation systems of the future, and health care.
Due to their unique blend of theory and practice, our courses are among the most popular in Princeton University's School of Engineering and Applied Science. Graduates of our department go on to take leadership positions in academia, industry, and government.
Thank you for visiting our site and taking an interest in ORFE.