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Management Science

Management Science deals with the application of advanced analytical methods to help make better decisions. The terms operations research and business analytics are sometimes used as synonyms for management science.
Aalto University / School of Business / Department of Information and Service Management / Management Science

Management Science covers a wide range of problem-solving and mathematical modelling techniques that help managers to improve decision-making and efficiency.

Examples of these techniques are econometrics, mathematical optimization, simulation, data analytics, statistics, and decision analysis. These techniques are widely applied in areas such as finance, risk management, economics, strategic management, international business, logistics and quality management.

Past and current research topics

  • Large-scale optimization and evolutionary computation
  • Statistical natural language processing and semantic text analysis
  • Portfolio decision analysis and resource allocation models
  • Performance, productivity and efficiency analysis (learn more)
  • Multiple criteria decision making and support (learn more)
  • Behavioral decision theory and support
  • Quantitative marketing; consumer preferences and pricing

Professional societies

Timo Kuosmanen

Pekka Malo
Assistant Professor     

Juuso Liesiö
Associate Professor

Eeva Vilkkumaa
Assistant Professor

Merja Halme
Senior Fellow  

Tomi Seppälä
Senior Fellow 

Jyrki Wallenius
Professor (Emeritus) 

Pekka Korhonen
Professor (Emeritus) 
Markku Kallio
Professor (Emeritus) 

Panu Erästö
University Lecturer     

Juha Heikkilä

Sergey Gritsyuk
Postdoctoral researcher

Lauri Neuvonen
Doctoral Candidate  

Olga Gorskikh
Postdoctoral Researcher    

Teemu Seeve
Doctoral Candidate 

Dai Sheng
Doctoral Candidate 

Philipp Back
Doctoral Candidate 

Bikesh Upreti
Doctoral Candidate 

Anton Frantsev
Doctoral Candidate      

Nasim Dehghan Hardoroudi
Doctoral Candidate  

Aku-Ville Lehtimäki
Doctoral Candidate 

Veli-Matti Rikala
Doctoral Candidate      

Andrei Vedernikov
Doctoral Candidate

Peng Xu
Doctoral Candidate

Taeyong Kee
Doctoral Candidate

Tuan Anh Nguyen
Doctoral Candidate

Ville Sillanpää
Doctoral Candidate 

Xun Zhou
Doctoral Candidate