The Decision, Risk, and Operations Division

A world leader in research and instruction in quantitative, data-driven decision-making and all aspects of the operations and analytics functions in firms.

Awi Federgruen
Charles E. Exley Professor of Management;
Chair of Decision, Risk, and Operations Division

Division News and Awards

News

September 12, 2019

Prof. Linda Green named MSOM Fellow

DRO Professor Linda Green has been elected to receive the MSOM Distinguished Fellow Award in 2019. This honor recognizes outstanding research and scholarship in operations management.

July 16, 2019

DRO PhD students accept faculty positions at UCLA, UNC, and Imperial College London

Congratulations to our DRO PhD graduates of the class of 2019!

DRO PhD student Francisco Castro accepted a faculty position at UCLA Anderson School of Management. He will join the Decisions, Operations and Technology Management (DOTM) area. Francisco was advised by Professors Omar Besbes, Ilan Lobel and Gabriel Weintraub.

June 1, 2019

DRO researchers win runner-up award for 2019 Gomory Best Industry Studies Paper

Former DRO PhD student Wenqi Hu, DRO Professor Carri Chan, former DRO Professor Jose Zubizarreta, and Dr.

January 17, 2019

PhD student Zhe Liu wins 2nd Place in POMS-HK Best Student Paper Competition

The paper was written under the supervision of DRO professor Awi Federgruen.

Ideas at Work

News

News & Ideas

How to Fix the Physician Shortage

Professor Linda Green’s solution for the looming crisis boils down to two words: increased efficiency.

Improving Hospital Operations, Bed by Bed

Assistant Professor Jing Dong highlights how hospitals can reduce costs by taking a network view of the interconnected units.

How to Shorten Your Hospital Stay

Associate Professor Carri Chan is researching how hospital step-down units can reduce deaths, shorten lengths of stay, and lower readmissions.

The New Languages of Business: Python, SQL, R

MBAs increasingly need to be equipped with programming knowledge, says adjunct assistant professor and Y Combinator-backed entrepreneur Mattan Griffel.

Fixing Education, One Algorithm at a Time

Associate Professor Yash Kanoria helped design an algorithm to fill seats in India’s top tech schools, with implications for the US school system.

MBAs Who Code

New electives in web programming and data analytics have become some of the Business School’s most popular courses. “It gave me a leg up,” says one alumnus.

The Quantitative Advantage

The Decision, Risk, and Operations Division is a world leader in research and instruction in quantitative, data-driven decision-making through the use modeling, optimization and the management of uncertainty, and all aspects of the operations and analytics functions in firms.

Application areas in which the division has strong expertise include revenue management; logistics, distribution and supply-chain management; resource networks and service systems; healthcare operations; market design; quantitative finance with emphasis on the valuation of derivative securities, modern market microstructure, and risk management; econometrics; and business analytics.

An important aspect of the mission of the division is to foster collaboration with industry and impact society by solving important practical problems such as helping hospitals care for their patients in a more efficient and cost effective manner; coordination and risk mitigation in global supply chains; design of dynamic and responsive pricing algorithms in a variety of industries; creation of innovative securities trading algorithms; design of frameworks to measure systemic risk; and optimization the operations of online marketplaces.

The division is actively involved in teaching in the MBA and PhD programs. In the MBA program, the division teaches the core courses on Managerial Statistics, Business Analytics, and Operations Management, and offers a suite of electives in various topics in Operations, Analytics, and Technology.

Current faculty openings:

Assistant / Associate Professor

Lecturer in Discipline / Senior Lecturer in Discipline

Candidates are encouraged to apply by November 1 to be considered during the INFORMS meeting in Nashville.

Faculty and Research

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