Graduate School in Systems Analysis, Decision Making and Risk Management

1. Graduate School in Systems Analysis, Decision Making and Risk Management director prof. Raimo P. Hämäläinen coordinator Antti Punkka Systems Analysis Laboratory Aalto University School of Science and Technology P.O. Box 11100, 00076 Aalto, Finland http://www.sal.tkk.fi firstname.lastname@tkk.fi

2. Graduate school in a nutshell • The school promotes research in the field of operations research • Supervising professors from all major Finnish university units in the field • Research is done in research groups • Key units of the school • Key principles: • Research of highest standards • Internationality • Doctoral students' active participation in research projects

3. History & new, national Graduate school 2010 → • In 1995-2009: 62 doctoral degrees (Helsinki University of Technology 41, Helsinki School of Economics 21) • Average 4,3 doctors / year • 34 studied full-time, 28 part-time • About 7 supervising professors • The school became national in 2010 as three new research groups joined the school • University of Jyväskylä, University of Turku, Åbo Akademi University • 11 supervising professors, 25 full-time and 40 part-time students

4. Organization 2010 → • Extended steering group coordinates the school • Management group = supervising professors directs the school • Advisory group works as a link between the school and collaboration organizations Extended steering group: Mgmt group, advisory group, supervising professors • Collaboration: • Research projects’ customers • Other graduate schools • Research collaboration • with research institutes • Foreign universities A? TKK HSE JyU ÅA UTU Research groups Graduate students

5. Research groups involved 2010 → • Systems Analysis Lab., Aalto University School of Science and Technology • Prof. Harri Ehtamo, Prof. Raimo P. Hämäläinen, Prof. Ahti Salo • Subjects of Management Science and Quantitative Methods of Economics and Management Science, Aalto University School of Economics • Prof. Markku Kallio, Prof. Pekka Korhonen, Prof. Jyrki Wallenius • Institute of Strategy, Aalto University School of Science and Technology • Prof. Esa Saarinen, Prof. Hannele Wallenius • Research Group in Industrial Optimization, University of Jyväskylä • Prof. Kaisa Miettinen • Optimization Group, Department of Mathematics, University of Turku • Prof. Marko Mäkelä • Institute for Advanced Management Systems Research, Åbo Akademi • Prof. Christer Carlsson

6. Examples of research fields covered • Multi-criteria decision analysis and optimization • Optimization and game theory • Modeling of dynamic systems • Energy, environmental and biological modeling • Data envelopment analysis • Safety and risk analysis • Finance and stochastic optimization

7. Typical activities: Intensive courses • Given by foreign experts • Intensive = about 2 days – 2 weeks • Experts = invited lecturers or for example opponents of dissertations • A glance at a more specific area of research in a short time • Open to everybody interested in the subject • Have been popular for example among researchers from SYKE and VTT • Funding available for the school’s students who have to travel to participate • Thus far 2-4 courses per year • Attendance 10-70 students

8. Past courses 2008-2010 • 26.-28.4.2010: Mr. Tianyang Wang (McCombs School of Business, University of Texas at Austin):Real Options Pricing and Decision Trees Applications • 17.-21.5.2010: Prof. Leonidas Sakalauskas (Institute of Mathematics and Informatics, Vilnius, Lithuania):Stochastic Programming and Applications • 24.-26.5.2010: Prof. David L. Olson (University of Nebraska-Lincoln): Enterprise Risk Management • 16.-18.3.2009: Dr. Melvyn Sim (NUS Business School):Robust Optimization • 28.-29.9.2009:Efficiency Assessment and Portfolio Decision Analysis • 26.-29.2.2008: Prof. Mike Jackson (University of Hull): Systems Thinking • 31.3.-1.4.2008: Prof. Bertrand Mareschal (Université Libre de Bruxelles): Outranking Methods for Multicriteria Decision Aid • 21.-22.5.2008: Prof. Srinivas Talluri (Michigan State University):DEA Based Approaches and Their Applications in Supply Chain Management • 15.-26.9.2008: Prof. Herbert Moskowitz (Purdue University):Quality Management and Six Sigma Fundamentals and Advanced Concepts/Applications

9. Typical activities: Annual graduate school seminars • 2-3 days out of town • Often in collaboration with foreign universities • St. Petersburgh, Stockholm, Tallinn... • Students present their research and/or Focus on one specific topic • Scientific writing, citations, journals, etc. • Have been found very useful by the students • Require professors’ contribution in preparation • Reproducible

10. Past seminars 2002-2009 • October 26-28, 2009: Scientific Writing, Vierumäki • May 27-29, 2009: Graduate School Seminar in University of Jyväskylä • December 5-7, 2007: Graduate School Seminar: Citations as impacts of research - who reads our papers?, Stockholm, Sweden • December 13-15, 2006: Scientific Writing, Vierumäki • September 2-6, 2006: Russian-Finnish Graduate School Seminar "Dynamic Games and Multicriteria Optimization", Petrozavodsk, Russia • December 7-9, 2005: Graduate School Seminar in Stockholm • November 15-17, 2004: Graduate School Seminar in Stockholm • November 10-11, 2003: Graduate School Seminar on a boat • December 4-5, 2002: Graduate School Seminar in Tallinn

11. Encouraged activities: International intensive courses • About one-week courses organized by other organizations • A glance at a more specific area of research in a short time • Given by leading experts on a specific topic • Familiarize yourself with a topic that is related to your research • Get latest results on your research field • Meet young researchers working on the same field and network • Examples on the web site • Suggestions are very welcome

12. Funding to participate in international intensive courses • Registration, travel and accommodation costs • No daily allowances • Procedure • Discuss the suitability of the course to your research topic with your supervising professor • Fill out the application form at the school’s web site and email to the graduate school coordinator

13. Communication to students and supervisors • Email list • Upcoming events • NO: job advertisements, conferences • Website • Organization + contact info • Upcoming intensive courses, seminars and other events • Other graduate schools • Archive of past activities

14. Funding profile: Full-time students’ funding (2006-2007)