What does a Greek god have to do with business? The history behind the School’s trademark Hermes icon. A few hours after he was born, the Greek god Hermes sneaked out of his cradle, invented the lyre using the shell of a tortoise, and secretly hid 50 of his older brother’s sacred cattle. He discovered how to light a fire, ritually sacrificed two of the cows, and crept back home before the day was over. When his enraged brother — none other than Apollo — heard Hermes play the lyre, he was so enchanted that he accepted the instrument from Hermes in exchange for the animals. And…

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…