Dr. Ali Hirsa

Professor

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Biography

Ali Hirsa is a Professor of Professional Practice at the Data Science Institute of Columbia University and a member of the Department of Industrial Engineering and Operations Research. Since joining the Institute in July 2017, he has contributed significantly to research and education in algorithmic trading, machine learning, data mining, and computational finance optimization. He has held various prestigious positions, including Adjunct Professor since 2000 and Managing Partner at Sauma Capital, LLC. Ali's previous experience includes roles at DV Trading, LLC and Caspian Capital Management, LLC, where he led quantitative strategies. He also has a robust academic background with a PhD in Applied Mathematics from the University of Maryland, where he was supervised by Professors Howard C. Elman and Dilip B. Madan. Ali's work has been published in notable texts, including "Computational Methods in Finance" and he has been a frequent speaker at academic and practitioner conferences. Additionally, he has served on various boards, including the Board of Visitors at the College of Computer, Mathematical, and Natural Sciences at the University of Maryland, College Park.

Research Interests

Experience

Professor of Professional Practice

2017-07-01 — Present

Columbia University • New York

Joined the Department of Industrial Engineering and Operations Research and contributed to the Data Science Institute.

Adjunct Professor

2000-01-01 — Present

Columbia University • New York

Contributed to academic programs and mentorship in the Department.

Managing Partner

— Present

Sauma Capital, LLC • New York

Led hedge fund strategies and managed quantitative investment.

Managing Director, Global Head of Quantitative Strategy

— Present

DV Trading, LLC • New York

Oversaw global quantitative trading strategies.

Partner, Head of Analytical Trading Strategy

— Present

Caspian Capital Management, LLC • New York

Developed analytical strategies for trading operations.

Patents

Methods Post Trade Allocation

US Patent 8,799,146

A method that addresses allocation of filled orders (post-trade) among multiple managed accounts in a fair and unbiased manner.

Requirements for Columbia University

Doctorate Program
Requirements
GPA Requirement
Required:3
TOEFL
Total
Required:100
IELTS
Overall
Required:7.5
Prerequisites
Bachelor's degree or international equivalent
Application Checklist
  • Online application
  • Transcripts
  • Statement of Academic Purpose
  • Personal Statement
  • Three letters of recommendation
  • CV or Resume
  • Application fee
Specialization Notes

Department of Anthropology (GSAS)