The Department of Information, Risk, and Operations Management (IROM) consists of three academic disciplines: Information Management, Operations Management and Risk (Decision Analysis, Quantitative Finance and Statistics).
The IROM Department has several outstanding and nationally ranked programs including the Undergraduate Management Information Systems program (ranked #4 by U.S. News and World Report), the MBA Information Management program (#3 by U.S. News and #5 by the Wall Street Journal), the Undergraduate Risk Management program (#7 by U.S. News) and the MBA Productions/Operations Management program (#13 by U.S. News). Learn more about IROM.
Information, Risk, and Operations Management News
Tuttle receives Texas Exes Teaching Award
MIS Lecturer Clint Tuttle is the McCombs School of Business recipient of the
2012 Texas Exes Teaching Award. The award is student-nominated and student-selected. His Teaching Assistant, Vinay Mohan, was chosen as the McCombs recipient of the 2012 TA/AI award. All recipients will be honored at a ceremony on February 21 at the Alumni Center. Visit
Texas Exes to learn more about the organization.
Paper Garners Honorable Mention by Decision Sciences Journal
Professor Steve Gilbert and two former doctoral students (Liwen Chen and Yusen Xia) received an honorable mention for the 2011 Decision Sciences Journal Best Paper Award for their article, “Private Labels: Facilitators or Impediments to Supply Chain Coordination.” The paper was recognized for its exceptional managerial significance, high level of intellectual stimulation, and academic contribution. To see all awards, visit the Decision Sciences Awards site.
Passion Comes from Emphasizing Detachment of Learning from Grades
"Teaching cannot and should not be about penalizing students for mistakes, but it should be about rewarding the learning." Prabhudev Konana, recently appointed Chairman of the IROM department, spoke to India Abroad recently. Read more
Business' Digital Transformation
"To Andrew Whinston — professor, Hugh Roy Cullen Centennial Chair in Business Administration, and director of the Center for Research in Electronic Commerce at the McCombs School of Business — Google is a prime example of how to survive in the $1.5 trillion world of e-commerce. Economics has always involved creative destruction, a process in which old industries crumble as new ones arise. But never have the waves of creative destruction churned as fast or as furiously as in the Internet economy." Read More
Patrick Brockett Invited to Join Prestigious Committee
Professor Patrick Brockett, who holds the Gus Wortham Memorial Chair in Risk Management and Insurance, has been invited to join the prestigious task force committee of the National Academy of Sciences' National Research Council. The committee will study issues associated with levees in the context of the National Flood Insurance Program. The study is sponsored by the Federal Emergency Management Agency. Read More
Ying He Wins 2011 DAS Student Paper Award
Ying He, a Risk Analysis & Decision Making PhD student, won the 2011 Decision Analysis Society Student Paper Award. Out of 62 submissions and six finalists, He's "Utility Functions Representing Preference over Interdependent Attributes" took the top prize.
'Just-in-Time' Production Dodges Disaster
Part of an overall “lean” strategy to streamline the manufacturing process, companies using the just-in-time approach keep small amounts of inventory, often just what is needed on a given day. But when entire manufacturing facilities were shut down due to the earthquake, the ramifications were felt worldwide. Yet many companies recovered quickly, since lean strategy also holds that companies who use lean supply chains develop disaster preparedness plans, explains Sridhar Seshadri, professor of information, risk, and operations management at McCombs. Read More
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