Professor Rene Carmona
Operations Research and Financial Engineering Department
Princeton University
René Carmona, formerly the chair of the department of Operations Research and Financial Engineering, is an associate member of the Department of Mathematics, a member of the Program in Applied and Computational Mathematics, and was Director of Graduate Studies of the Bendheim Center for Finance where he oversaw the Master in Finance program for twenty years. He obtained a Ph.D. in probability from Marseille University where he held his first academic job. After time spent at Cornell and Princeton, he moved to the University of California-Irvine in 1981, and eventually back to Princeton University in 1995.
Professor Carmona is a Fellow of the Institute of Mathematical Statistics, of the Society for Industrial and Applied Mathematics, and of the American Mathematical Society. He is the founding chair of the SIAM Activity Group on Financial Mathematics and Engineering, a founding editor of the Electronic Journal of Probability and Electronic Communications in Probability, and the SIAM Journal on Financial Mathematics. He is on the editorial board of several peer-reviewed journals, book series and research institutes.
His publications include over one hundred articles and eleven books in probability, statistics, mathematical physics, signal analysis, and financial mathematics. He also developed computer programs for teaching and research. He has worked on the commodity and energy markets as well as the credit markets, and he is recognized as a leading researcher and consultant in these areas. Over the last decade his research focused on the development of a probabilistic approach to Mean Field Games and Mean Field Control. His two-volume book on the subject, co-authored with F. Delarue, was the recipient of the J.L. Doob Prize awarded every three years by the American Mathematical Society.
https://carmona.princeton.edu/
Professor Ronnie Sircar
Operations Research and Financial Engineering Department
Princeton University
Ronnie Sircar is the Eugene Higgins Professor of Operations Research and Financial Engineering (ORFE) at Princeton University, and is affiliated with the Bendheim Center for Finance, the Program in Applied and Computational Mathematics, and the Andlinger Center for Energy and the Environment. He received his doctorate from Stanford University, and taught for three years at the University of Michigan in the Department of Mathematics. He has received continuing National Science Foundation research grants since 1998. He was a recipient of the E-Council Excellence in Teaching Award for his teaching in 2002, 2005 and 2006, and the Howard B. Wentz Jr. Junior Faculty Award in 2003. His research interests center on Financial Mathematics, stochastic volatility models, energy markets and exhaustible resources, credit risk, asymptotic and computational methods, portfolio optimization and stochastic control problems, and stochastic differential games. He is a co-author of the book “Multiscale Stochastic Volatility for Equity, Interest-Rate and Credit Derivatives”, published by Cambridge University Press in 2011, and was founding co-editor-in-chief of the SIAM Journal on Financial Mathematics, from 2009-2015. He was Director of Graduate Studies for the Master in Finance program at the Bendheim Center for Finance from 2015-2018. He was Chair of the ORFE department from 2018-2024. He was made a Fellow of the Society for Industrial and Applied Mathematics (SIAM) in 2020 for “contributions to financial mathematics and asymptotic methods for stochastic control and differential games.”