The world's metropolitan regions house over 50 percent of the world population, consume about 75 percent of worldwide energy, and emit about 80 percent of greenhouse gasses. By 2050, they will house about 70 percent of all people. Princeton engineers bring together expertise in the environment, infrastructure, climate, data science, sensors, privacy, security, public policy, and many other fields to make cities, towns and suburbs resilient and enjoyable places for people to flourish sustainably.
The Department of Operations Research and Financial Engineering is unique in the United States, combining deep roots in mathematics with engineering, business, and finance. Much of the research in the department focuses on developing mathematical and computational tools for making decisions under uncertainty. Work by faculty and students helps manage risk, optimize performance of complex systems, and manage resources efficiently. Expertise include “big data” analysis and financial technology (FinTech).