Program Overview

Department of Industrial Engineering & Operations Research, IIT Bombay

The Department of Industrial Engineering & Operations Research at IIT Bombay offers a range of academic programs, including Ph.D., M.Sc., M.Sc-Ph.D., M.Tech, B.Tech, and B.Tech Minor.

Academic Programs

• Ph.D.: The Ph.D. program is designed for students who wish to pursue advanced research in industrial engineering and operations research.
• M.Sc.: The M.Sc. program is a postgraduate program that provides students with advanced knowledge in industrial engineering and operations research.
• M.Sc-Ph.D.: The M.Sc-Ph.D. program is a dual-degree program that allows students to pursue both a master's and a doctoral degree in industrial engineering and operations research.
• M.Tech: The M.Tech program is a postgraduate program that provides students with advanced knowledge in industrial engineering and operations research.
• B.Tech: The B.Tech program is an undergraduate program that provides students with a foundation in industrial engineering and operations research.
• B.Tech Minor: The B.Tech Minor program is a minor program that allows students to pursue a secondary area of study in industrial engineering and operations research.

Course Offerings

The department offers a range of courses, including:

• IE 648: Quantitative Analysis in Finance and Marketing
  • Prerequisite: Exposure to relevant concepts at undergraduate level and instructor consent
  • Contents:
    • Objectives of financial management
    • Risk aversion, utility, and gambling
    • Financial analysis and planning
    • Investment decision under certainty and uncertainty
    • Working capital management
    • Cost of capital
    • Capital structure theories
    • Demand and sales forecasting
    • Product policy
    • Marketing mix analysis
    • Sales force planning
    • New product policy
    • Advertising strategy

Research Areas

The department has a strong research focus, with faculty members working on a range of topics, including:

• Financial management
• Operations research
• Marketing management
• Industrial engineering

References

The department recommends the following references for further study:

• I.M. Pandey (1979), Financial Management, Vikas
• G.M. Samuels and F.M. Wikes (1975), Management of Company Finance, Neison
• J.C.T Mao (1969), Quantitative Analysis of Financial Decisions, Mac Millan
• H. Bierman (1970), Financial Policy Decisions, MacMillan
• P.T Fitzroy (1976), Analytical Methods for Marketing Management, McGraw Hill

Other Programs

The department also offers other programs, including:

• IDDDP
• CEP
• Time-Table
• List of IEOR Courses
• Alumnus Endowment Awards