Dr. Peter Carr is the Chair of the Finance and Risk Engineering Department at NYU Tandon School of Engineering. He has headed various quant groups in the financial industry for the last twenty years. He also presently serves as a trustee for the National Museum of Mathematics and WorldQuant University. Prior to joining the financial industry, Dr. Carr was a finance professor for 8 years at Cornell University, after obtaining his Ph.D. from UCLA in 1989. He has over 85 publications in academic and industry-oriented journals and serves as an associate editor for 8 journals related to mathematical finance. He was selected as Quant of the Year by Risk Magazine in 2003 and Financial Engineer of the Year by IAQF/Sungard in 2010. From 2011 to 2014, Dr. Carr was included in Institutional Investor’s Tech 50, an annual listing of the 50 most influential people in financial technology.
In the four years Dr. Carr has been FRE Department Chair, applications for the MS in Financial Engineering program increased from 1,300 per year to 1,979 per year. For the 2019 class, the quant GRE was 169.2/170 and GPA was 3.85. Additionally, FRE climbed seven positions over the last four years in QuantNet rankings, an online summer course was initiated two summers ago and an on-campus boot camp was initiated in the summer of 2018, and six electives on machine learning in finance were introduced.
