What is IROM?
The Department of Information, Risk, and Operations Management (IROM) consists of four academic disciplines: information management, legal environment of business, operations management and risk (decision analysis, quantitative finance and statistics). The department was formerly known as the Department of Management Science and Information Systems. The department’s name was changed in fall 2005 to better reflect the new composition of the department when the OM faculty moved from the Management Department.
The IROM Department
has several outstanding
and nationally ranked
programs including the
undergraduate
management information
systems program (ranked
#3 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 (#4
by
U.S. News)
and the MBA
productions/operations
management program (#13
by
U.S. News).
In addition, the legal
environment of business
faculty is typically
considered one of the
top business school law
faculties in the
nation.
The IROM Department highly values both research and teaching. This is reflected by the fact that five of its faculty members are in the University of Texas Academy of Distinguished Teachers and by the numerous university teaching awards won by its faculty. In terms of research, the department (then known as the MSIS Department) was ranked #2 in the nation by an INFORMS study measuring research productivity in the period 1990-2000 and the journal Decision Line listed three of the department’s faculty members as among the 30 most productive researchers in the field of information systems. The department’s faculty also has strong ties with industry and is actively engaged in joint research projects with a wide variety of firms.