We are pleased to announce the following exciting new changes in the IELM Department:

 

1. Change of Department Name

Starting from 2018, the Department of Industrial Engineering and Logistics Management changes its name to the Department of Industrial Engineering and Decision Analytics (IEDA). The new name reflects the changed emphasis of the department on both predictive and prescriptive analytics as well as a broader scope that includes areas such as demand and supply analytics, health care analytics, financial engineering and risk management in addition to the traditional areas in logistics and engineering management.

2. New UG program in Decision Analytics 

A new UG program called Decision Analytics (DA) will be launched in Fall 2018. This selective program will align the training of its students with emerging societal needs, by equipping them with predictive and prescriptive analytical tools. In addition, students will acquire domain specific knowledge in areas such as financial engineering and consulting services (including risk-management, supply chain analytics, e-commerce and revenue optimization).

Graduates of DA will be able to analyze data, build and fit models that are consistent with the data and develop algorithms, simulated models, and process and system innovations to provide optimal or near-optimal solution to important decision problems in specific domains.  Graduates will acquire flexible tools and can work in banks, insurance companies, e-commerce, the travel and leisure industry, health-care organizations, and consulting firms in addition to working on complex issues arising in advanced manufacturing processes that also require decision analytics.

 

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Program Details

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Program Leaflet

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3. Merging of our two existing UG programs

Our existing UG programs (IEEM and LME) will be combined into a single major called Industrial Engineering & Engineering Management. This program will share many of the core courses with Decision Analytics and students will benefit from courses that are more in line with the modern economy. Students will have the option to specialize in one of two areas: logistics management or engineering management. Graduates from this program will gain professional expertise for working in the logistics or manufacturing sectors, especially focusing on jobs related to scheduling, logistics, systems design, operations planning, quality management and performance analysis.

 

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4. Transitional arrangement of the UG programs