David Yao is the Piyasombatkul Family Professor of Industrial Engineering and Operations Research at Columbia University, where he has been the founding chair (2013-16) of the Financial and Business Analytics Center at Columbia Data Science Institute. He has also helped establish several masters programs, including the MS/FE (Financial Engineering) program, and has taught regularly executive programs in portfolio management.
Professor Yao's teaching and research interests focus on the analysis, design and control of stochastic systems, such as stochastic networks, health care systems, supply chains, and related resource control and risk management issues. Author/co-author of some 200 scientific publications, he is a principal investigator of over thirty grants and contracts from government agencies and industrial sources, and a holder of eight U.S. patents.
His honors and awards include the Presidential Young Investigator Award from the National Science Foundation, Guggenheim Fellowship from the John Simon Guggenheim Foundation, Franz Edelman Award from the Institute for Operations Research and Management Sciences, SIAM Outstanding Paper Prize from the Society for Industrial and Applied Mathematics, Outstanding Technical Achievement Award from IBM Research, Great Teacher Award from the Society of Columbia Graduates, and the IBM Faculty Award. He is an IEEE Fellow, an INFORMS Fellow, and a member of the U.S. National Academy of Engineering.