Department of Information and Service Management

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

Juuso Liesiö
Associate Professor

Pekka Malo
Associate Professor 

Eeva Vilkkumaa
Assistant Professor

Ilkka Leppänen
Assistant Professor

Lauri Viitasaari
Assistant Professor

Jyrki Wallenius
Professor (Emeritus) 

Markku Kallio
Professor (Emeritus) 

Merja Halme
Hourly paid Teacher 

Tomi Seppälä
Senior Fellow 

Panu Erästö
University Lecturer
(on Leave)

Patrik Nummi
University Teacher

Sami Helander
University Lecturer

Philipp Back
Postdoctoral Researcher

Anli Ke
Doctoral Researcher

Antti Suominen
Doctoral Researcher

Ellie Dillon
Doctoral Researcher

Iaroslav Kriuchkov
Doctoral Researcher

Teemu Seeve
Doctoral Researcher

Tuan Anh Nguyen
Doctoral Researcher

Zhiqiang Liao
Doctoral Researcher

  • Published:
  • Updated: