Jianqing Fan, Frederick l. Moore Class of 1918 Professor in Finance recipient of the 2009 Guggenheim Fellowship Award
April 8, 2009

Jianqing Fan, Frederick l. Moore Class of 1918 Professor in Finance, is a 2009 recipient of the Guggenheim Fellowship Award.  His project tile is "Feature selection and statistical learning in ultrahigh dimensional space".

Guggenheim Fellows are appointed on the basis of stellar achievement…

Princeton Hosts 5th Oxford-Princeton Workshop on Financial Mathematics & Stochastic Analysis
April 1, 2009

Princeton Hosted the 5th Oxford-Princeton Workshop on Financial Mathematics & Stochastic Analysis on March 27-28, 2009, in Sherrerd Hall.  These workshops are held approximately every eighteen months as an opportunity for leading groups of researchers in, primarily, mathematical…

William Massey, Edwin S. Wilsey Professor of Operations Research and Financial Engineering, receives MLK Day Journey Award for mentoring efforts
Jan. 20, 2009

Professor Massey was honored for his efforts to support underrepresented minorities in the fields of science and technology.  He received Princeton University's MLK Day Journey Award, which recognizes efforts to continue the journey to achieve Martin Luther King Jr.'s…

Prof. Alex d'Aspremont Receives National Science Foundation CAREER Award
Jan. 8, 2009

Prof. Alex d'Aspremont received a NSF CAREER Award effective January 1, 2009. The title of his project is "Semidefinite Programming with Applications in Statistical Learning". The CAREER Award is the most prestigious award from the NSF in support of junior faculty who exemplify the role of teacher-scholars through outstanding research,…

René Carmona and Ronnie Sircar, Editors in Chief of SIAMs Newest Journal on Financial Mathematics
Dec. 3, 2008

René Carmona and Ronnie Sircar are Editors-in-Chief of the Society for Industrial and Applied Mathematics (SIAM) newest journal. 

This journal on Financial Mathematics brings together theoretical developments in financial mathematics as well as breakthroughs in the computational challenges they encompass. It provides a common…

William A. Massey, Edwin S. Wilsey Professor, Elected AMS Member at Large to the Council
Dec. 2, 2008

William A. Massey, Edwin S. Wilsey Professor, has been elected Member at Large of the Council to the American Mathematical Society. This position carries a three-year term, 1 February 2009 – 31 January 2012.

Indifference Pricing: Theory and Applications Edited by René Carmona
Nov. 19, 2008

"This is the first book about the emerging field of utility indifference pricing for valuing derivatives in incomplete markets. René Carmona brings together a who's who of leading experts in the field to provide the definitive introduction for students, scholars, and researchers. Until recently, financial mathematicians and engineers developed…

ORFE Major, Kimlee Wong '09 seeing all the angles
Nov. 19, 2008

"With efficiency so clearly at the forefront of his squash game, it is no surprise that [Kimlee] Wong is an operations research and financial engineering concentrator doing his senior thesis on clean energy. Wong is analyzing the feasibility and inherent unpredictability of wind turbines."

Frazier Research aims to Optimize Decision Making
Oct. 28, 2008

"[Peter] Frazier is creating a series of mathematical algorithms that optimize decision-making in the face of uncertainty. His algorithms 'learn' from decisions as they are made, so that better decisions can be made in the future. His mathematical techniques have a wide range of applications, from identifying promising drug candidates to…

Tough but Popular: Çinlar enlivens Probabilty Theory
Oct. 28, 2008

"Çinlar’s course [ORF 309, Probability and Stochastic Systems] is a high-level mathematics course … But it attracts students from a wide range of disciplines. In recent years, students from the other five engineering departments at Princeton have taken his class, and a fourth of his students are from outside engineering. His class has included…

ORFE Welcomes new Faculty, Staff, Visitors for '08
Oct. 28, 2008

ORFE would like to extend a warm welcome new faculty, staff and visitors for the 2008-2009 academic year. This year, the department welcomes the appointment of Assistant Professor Philippe Rigollet and Postdoctoral Research Associates Yingying Li, Rui Song, Ramon van Handel, and Weiwei Wang. Visitors include Postdoctoral Research…

Leung appointed as Assistant Prof. at Johns Hopkins
Oct. 28, 2008

Congratulations to Tim Leung, who, at the completion of his Ph.D. program, is set to join the faculty as Assistant Professor in the Department of Applied Mathematics & Statistics, part of the Whiting School of Engineering at Johns Hopkins University.

"Tim received his Bachelor's degree magna cum laude at Cornell, majoring in…

Purple America: The 2008 Presidential Election
Oct. 28, 2008

Prof. Vanderbei has revised his Purple America map for the 2008 presidential election "using aggregated polls from the most recent month as tabulated by Real Clear Politics" and tinting the map accordingly in order to create a visual representation of state-by-state results.

ORFE Building named for Sherrerd '52
Oct. 11, 2008

"The University announced Monday that the new operations research and financial engineering (ORFE) building will be dedicated to the late Jay Sherrerd ’52, formerly a trustee of the University and a director of the Princeton Investment Company (PRINCO). ... 'There’s no one I can think of in the last 40 years who has been as dedicated and loyal…

Highlights of Construction Projects include ORFE
June 18, 2008

News at Princeton is currently featuring a story highlighting the University's summer construction projects. Among the various projects is the new engineering building that will house the ORFE department. According to the overview provided by the Office of Design and Construction, the new building will have "interior finishing and landscape…

ORFE Congratulates the Class of 2008
June 3, 2008

The Department of Operations Research and Financial Engineering offers sincerest wishes to the Graduating Class of 2008!

ORFE Graduate Receives Tenure at Cornell
May 19, 2008

The ORFE department would like to issue its congratulations and sincerest wishes to graduate Huseyin Topaloglu, who was recently granted tenure at Cornell University in the department of Operations Research and Information Engineering. Huseyin completed his M.A. and Ph.D. degrees from Princeton University in 1999 and 2001 studying under…

Outstanding Teaching Commendation List Announced
May 5, 2008

ORFE congratulates Professors Patrick Cheridito, Erhan Çinlar, and Alexandre d'Aspremont on their Commendations for Outstanding Teaching during the Fall 2007 semester.  Also making the list is ORFE Graduate Student Kazutoshi Yamazaki, whose commendation comes by way of departmental nomination.

Prof. Çinlar and Student Iyla Ryzhov Receive Excellence Award
May 5, 2008

The Excellence in Teaching Award is the product of engineering student input designed to express appreciation and respect for an instructor's abilities. This year, ORFE Professor Erhan Çinlar and graduate student teaching assistant Ilya Ryzhov for the course ORF309, "Probability and Stochastic Systems".

ORFE Senior awarded Gates Cambridge Scholarship
April 1, 2008

Princeton Senior Mateusz Plucinski is one of two recipients of this year's Gates Cambridge Scholarships.  The scholarship is awarded to approximately 100 students outside of the UK each year.  The award affords students the opportunity to further their study at the University of Cambridge.Mateusz plans to build on his education here…