Paul Glasserman

Jack R. Anderson Professor of Business at Columbia Business School

Schools

  • Columbia Business School

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Biography

Columbia Business School

Biography

Professor Glasserman's research and teaching address risk management, derivative securities, Monte Carlo simulation, statistics and operations. Prior to joining Columbia, Glasserman was with Bell Laboratories; he has also held visiting positions at Princeton University, NYU, and the Federal Reserve Bank of New York. In 2011-2012, he was on leave from Columbia and working at the Office of Financial Research in the U.S. Treasury Department, where he continues to serve as a part-time consultant.

 

Glasserman's publications include the book Monte Carlo Methods in Financial Engineering (Springer, 2004), which received the 2006 Lanchester Prize and the 2005 I-Sim Outstanding Publication Award. Glasserman is a past recipient of the National Young Investigator Award from the National Science Foundation (1994 - 99), IBM University Partnership Awards (1998 - 2001), the TIMS Outstanding Simulation Publication Award (1992), the Erlang Prize (1996), the IMS Medallion from the Institute of Mathematical Statistics (2006), and a fellowship from the FDIC Center for Financial Research (2004). He received the 2004 Wilmott Award for Cutting-Edge Research in Quantitative Finance and Risk Magazine's 2007 Quant of the Year Award, and he received a U.S. patent for an option pricing method. He was named an INFORMS Fellow in 2008. He is also a two-time recipient of the Dean's Award for Teaching Excellence (1994, 2000). Glasserman serves on the editorial boards of Finance & Stochastics, Mathematical Finance, the Journal of Derivatives, and Stochastic Systems.

 

Glasserman was senior vice dean of Columbia Business School in 2004-2008 and served as interim director of the Sanford C. Bernstein & Co. Center for Leadership and Ethics in 2005-2007. He currently serves as research director of the Program for Financial Studies.

Teaching

Fall 2017

Managerial Statistics (EMBA)

Spring 2017

Managerial Statistics (MBA)

Spring 2016

Managerial Statistics (MBA)

Fall 2015

Statistics for Investments (MBA)

Spring 2015

Managerial Statistics (MBA)

Fall 2014

Statistics for Investments (MBA)

Spring 2014

Managerial Statistics (MBA)

Fall 2013

Statistics for Investments (MBA)

Spring 2013

Managerial Statistics (MBA)

Columbia Caseworks cases

NYC’s Gifted & Talented Qualifying Exam: Querying the Stats Behind the Scoring (2013)
Coauthor(s): Paul Glasserman

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Does Detailing Pay? (2009)
Coauthor(s): Natalie Mizik, Paul Glasserman

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Introduction to Expected Value Options on the S&P 500 Index (2010)
Coauthor(s): Paul Glasserman

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The Law360 Survey (2009)
Coauthor(s): Paul Glasserman

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Statistical Assessment of a Conflict of Interest (2009)
Coauthor(s): Paul Glasserman

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Analyzing the Analysts (2008)
Coauthor(s): Paul Glasserman, Costis Maglaras

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Research

Journal articles

Hidden illiquidity with multiple central counterparties In Operations Research (2016)
Coauthor(s): Paul Glasserman, Ciamac Moallemi, Kai Yuan

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