Overview

The Center for Financial Engineering is an interdisciplinary research center established in 2007 to encourage research on financial engineering and mathematical modeling in finance. It aims at fostering research collaboration among Columbia faculty, graduate students and affiliates, facilitating their contacts with financial institutions and corporations and enhancing the visibility of Columbia as a center for research and innovation in financial engineering.

The Center’s research activities deal with the pricing and hedging of derivative securities, the statistical modeling of financial markets, computational methods in finance, risk management, asset allocation and portfolio optimization.

The center fosters research collaboration among faculty members from various departments, organizes regular seminars and events, and publishes the Columbia Financial Engineering Reports research paper series.

Organization

The Center is governed by an Executive Committee, composed of:

Rama Cont (Director)

Paul Glasserman (Representative, Graduate School of Business)

• Chris C. Heyde (Representative, Graduate School of the Arts and Sciences)

Steve Kou (Representative, School of Engineering and AppliedScience)