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News Archive: 2013 Master of Science in Computational Finance ranked #1 QuantNet, a leading online news outlet in the field of financial engineering,
has recognized the Master in Computational Finance (MSCF) program at Carnegie
Mellon University as #1 in its 2013 ranking of financial engineering programs.
This is the second #1 ranking in a row for MSCF, which was also ranked first
in the 2011 Quantnet ranking.
"We created the first professional degree in computational finance
almost 20 years ago, and now there are scores of them, including
at Columbia, NYU, Princeton and UCBerkeley," said Steve Shreve, Professor
of Mathematical Sciences and one of the founders of the CMU MSCF program.
"I believe we owe our leading position to the fact that Mathematical
Sciences chose to create this degree jointly with the Tepper School of
Business, the Department of Statistics, and the information technology
faculty in the Heinz College. To succeed in the finance industry, one
needs a strong foundation in math, but one also needs to deal with data,
write computer code, and understand the business environment.
Interdisciplinarity is a hallmark of Carnegie Mellon."
Although MSCF is interdisciplinary, the Department of Mathematical Sciences plays a critical role, teaching a third of the curriculum and providing leadership in policy matters. The Department is deeply invested in the applications of mathematics to finance. The Department is home
to the Bachelor's program in Computational Finance and graduates a steady stream of Ph.D. students whose research treats mathematical problems arising in finance.
 Mackey wins the 2013 Ryan teaching awardJohn Mackey, Teaching Professor, Associate Department Head and Director of Undergraduate Studies in Mathematical Sciences, received the
2013 William H. and Frances S. Ryan Award for Meritorious Teaching.
This prestigious universitywide award is given annually to
a faculty member at Carnegie Mellon who has demonstrated
unusual devotion and effectiveness in teaching. Professor
Mackey is particularly adept at delivering sophisticated
mathematical content to large groups of students. This is apparent
in his extremely successful redesign of the
course Concepts of Mathematics, a course that plays a pivotal role in
the Mathematics and Computer Science curricula at CMU.
More...
 Putnam Mathematical CompetitionCMU team places 5th on the 2012 William Lowell Putnam Mathematical Competition. This is the fifth top 5 Putnam performance for CMU.
Results...
Top 495.5...
 Gautam Iyer Awarded Sloan FellowshipGautam Iyer, an assistant professor of Mathematical Sciences and
member of the Center for Nonlinear Analysis, was named a 2013 Sloan Research
Fellow . These fellowships seek to stimulate fundamental research by
earlycareer scientists and scholars of outstanding promise. Iyer also received an NSF CAREER Award in 2013. The Faculty Early Career Development (CAREER) Program offers the National Science Foundation's most prestigious awards in support of junior faculty who exemplify the role of teacherscholars through outstanding research, excellent education and the integration of education and research.
Professor Iyer studies the equations that model incompressible fluids,
diffusive transport, mixing, liquid crystals and coagulation using tools from
both Probability and Analysis. His research advances our understanding of
mathematical models for a variety of phenomena, including physical and chemical
processes.
One of Professor Iyer's research projects addresses vacuums in fluids. It is
universally known that nature abhors a vacuum. In the context of compressible
fluids, however, a rigorous proof of this law has eluded mathematicians for
quite some time. Professor Iyer hopes to use a probabilistic
representation of fluids that he developed in his phd thesis to further our
understanding of the emergence of vacuum states in compressible fluids.
 President of the Society for Industrial and Applied MathematicsPITTSBURGH— Irene Fonseca, Mellon College of Science Professor of Mathematics, has been elected president of the Society for Industrial and Applied Mathematics, an international professional society for applied mathematicians. She served a oneyear term as presidentelect in 2012. On January 1, 2013 she began a twoyear term as president.
More...
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CNA Colloquium Thu, Mar 30,4:30 pm Rustum Choksi  Probability/Math Finance Seminar Mon, Apr 3,4:30 pm Umut Cetin  CNA Seminar Tue, Apr 4,1:30 pm Marshall Slemrod  CNA Working Group Seminar Tue, Apr 4,2:30 pm Adrian Hagerty  CNA Seminar Thu, Apr 6,1:30 pm Carlos MoraCorral  CNA Joint PittCNA Colloquium Fri, Apr 7,4:00 pm Irene Gamba  Probability/Math Finance Seminar Mon, Apr 10,4:30 pm Samy Tindel  CNA Working Group Seminar Tue, Apr 11,2:30 pm Janusz Ginster  ACO Seminar Thu, Apr 13,3:30 pm Hoi Nguyen  Probability/Math Finance Seminar Mon, Apr 17,4:30 pm Yifan Sun 
