Click to Download Adobe Acrobat (.pdf) Version
E. Ertugrul Karsak, Ph.D., CFA
Professor of Industrial Engineering
Industrial Engineering Department, Galatasaray University
Ciragan Caddesi 36, Ortakoy, Istanbul 34349, Turkey
Date of Birth: February 1968
Place of Birth: Istanbul, Turkey
Nationality: Turkish
Foreign Languages: Fluent in English and French.
EDUCATION:
1991 - 1994 Istanbul Technical University, Istanbul, Turkey
Ph.D. in Industrial Engineering, June 1994.
1989 - 1991 University of Southern California, Los Angeles, CA
M.S. in Industrial & Systems Engineering, August 1990; GPA = 3.97 out of 4.0.
Additional Ph.D. program course work is completed from 1990 to 1991.
1985 - 1989 Istanbul Technical University, Istanbul, Turkey
B.S. in Industrial Engineering, July 1989.
1978 - 1985 Istanbul American Robert College, Istanbul, Turkey
High School Diploma, June 1985.
PROFESSIONAL EXPERIENCE:
12/2001 – Present Industrial Engineering Department, Galatasaray University, Istanbul
Professor of Industrial Engineering.
10/1996 – 12/2001 Industrial Engineering Department, Galatasaray University, Istanbul
Associate Professor of Industrial Engineering.
11/1996 – 03/1997 Université Paris-Dauphine, Paris, France
Visiting Scholar at the Institut Finance.
10/1994 – 10/1996 Industrial Engineering Department, Galatasaray University, Istanbul
Assistant Professor of Industrial Engineering.
05/1992 – 12/1993 Yapi Kredi Bank, Head Office, Istanbul, Turkey
Associate Consultant in the Strategic Planning Group.
01/1990 – 12/1990 University of Southern California, Los Angeles, CA
Teaching assistant.
ADMINISTRATIVE POSITIONS:
04/2015 - 06/2023 Rector
02/2015 - 04/2015 Acting Rector
02/2015 - Present Chairholder of the UNESCO Chair in Computer-Integrated Manufacturing established at Galatasaray University
01/2008 – 02/2015 Vice Rector for Academic Affairs
06/2014 – 05/2015 Chair of Industrial Engineering Department
04/2008 – 04/2014 Dean of the Faculty of Engineering and Technology
04/2008 – Present Member of the University Executive Board
01/2009 – 04/2015 Chair of the Academic Evaluation and Quality Progress Committee (ADEK) at Galatasaray University
1997 – 02/2015 Co-chairholder of the UNESCO Chair in Computer-Integrated Manufacturing established at Galatasaray University
1994 – Present Member of the University Senate (Academic Council)
1994 – 09/2009 Founding Chair of Industrial Engineering Department
06/1997 – 04/2008 Director of the Institute of Science and Engineering
09/1995 – 09/2000 Associate Dean of the Faculty of Engineering and Technology
COURSES TAUGHT:
Undergraduate Level
Operations Research I
Operations Research II
Decision Analysis
Engineering Economy (lectures given in English)
Financial Engineering
Graduate Level
Mathematical Modeling and Optimization (lectures given in English)
Advanced Engineering Economy (lectures given in English)
Research Topics in IE & OR
Linear Programming and Extensions
Multiple Criteria Decision Making (lectures given in English)
Investment Decision Making (lectures given in English)
Managerial Finance (lectures given in English)
SUPERVISED PH.D. THESES:
Student Name: Nazli Göker Mutlu
Thesis Title: Novel Approaches in DEA-Based Multi-Criteria Decision Making and Their Applications
Completion Date: April 2021
Student Name: Melis Almula Karadayi
Thesis Title: Using Multi-Criteria Decision Making Approaches for Evaluating Health Care Performance of Districts in Istanbul
Completion Date: April 2017
Student Name: Mehtap Dursun Usta
Thesis Title: Multi-Criteria Decision Making Approaches for Supplier Selection
Completion Date: February 2013
Student Name: Zeynep Sener
Thesis Title: Decision Making Approaches for Software Quality Function Deployment
Completion Date: February 2010
Student Name: Cumhur Okan Ozogul
Thesis Title: A Real Options Approach for Valuation of Enterprise Resource Planning Systems: Implementation of Hospital Information System
Completion Date: February 2008 (co-advisor: Prof. Ethem Tolga)
SUPERVISED MASTER’S THESES:
Student Name: Ece Ucar
Thesis Title: Measuring Efficiency in Education Using PISA 2018 Data
Completion Date: July 2021
Student Name: Melis Almula Karadayi
Thesis Title: Evaluating Health-Care Waste Disposal Alternatives for Istanbul Using Fuzzy Multi-Criteria Decision Making Approaches
Completion Date: June 2009
Student Name: Mehtap Dursun
Thesis Title: Evaluating Solid Waste Management Scenarios Using Fuzzy Multi-criteria Decision Making Approaches
Completion Date: June 2007
Student Name: Ismail Ozgur Baykal
Thesis Title: Application of Multiple Criteria Decision Making Methods to the Personnel Selection Problem
Completion Date: January 2007
Student Name: Zeynep Yilmaz Sener
Thesis Title: Applications of Fuzzy Regression and Fuzzy Optimization to Technology Selection Problems
Completion Date: June 2005
Student Name: Mehmet Hakan Akyuz
Thesis Title: A Fuzzy Data Envelopment Analysis Approach to the Supplier Selection Problem
Completion Date: June 2005
Student Name: Burcak Ozbayraktar
Thesis Title: Application of Quality Function Deployment in Durable Goods Industry
Completion Date: January 2005
Student Name: Yavuz B. Turkogullari
Thesis Title: A New Fuzzy Multiple Objective Decision Making Procedure for Information System Project Selection
Completion Date: January 2004
Student Name: S. Sebnem Ahiska
Thesis Title: Applications of Imprecise Data Envelopment Analysis
Completion Date: June 2003
Student Name: A. Gokhan Kursun
Thesis Title: Textile Machinery Selection Using Multi-criteria Decision Making Methods
Completion Date: June 2003
Student Name: Pinar Kaymaz
Thesis Title: Alternative Fuzzy Logic Approaches for Quality Function Deployment Applications
Completion Date: June 2003
Student Name: S. Emre Alptekin
Thesis Title: Analytical Approaches in Quality Function Deployment Process
Completion Date: June 2001
Student Name: Sevin Sozer
Thesis Title: The Application of Fuzzy Integral and Fuzzy Measure in Multiple Criteria Decision Making
Completion Date: June 2001
Student Name: Onur Kuzgunkaya
Thesis Title: Selecting a Flexible Manufacturing System (FMS) Using a Fuzzy Multi-Objective Programming Approach
Completion Date: June 2000
Student Name: Cumhur Okan Ozogul
Thesis Title: An Options Approach to Valuing Flexibility in Flexible Manufacturing Systems Investments
Completion Date: June 2000
Student Name: Tamer Ozyigit
Thesis Title: Evaluation of Relative Socio-Economic Performances of Developing Countries
Completion Date: January 2000
Student Name: Ceyda Kalyoncuoglu
Thesis Title: Inventory Control in a Fluctuating Demand Environment
Completion Date: June 1999
Student Name: Firuzan Iscan
Thesis Title: Performance Management by Data Envelopment Analysis Incorporating Weight Restrictions, Cross Efficiency and Window Analysis
Completion Date: June 1999
FUNDED RESEARCH PROJECTS:
"Decision Analysis Approaches for Evaluating the Educational Performance of Countries", Principal Investigator, Galatasaray University Research Fund, Grant No. FBA-2021-1055, 2021.
"Data Envelopment Analysis Based Multi-criteria Decision Making Approach for Personnel Selection", Principal Investigator, Galatasaray University Research Fund, Grant No. 19.402.011, 2019.
"Evaluating Healthcare Service Performance of Districts in Istanbul Using Clustering and Ranking Analysis", Principal Investigator, Galatasaray University Research Fund, Grant No. 17.402.008, 2017.
"Common Weight DEA-Based Approach for Multidimensional Analysis of Human Development", Principal Investigator, Galatasaray University Research Fund, Grant No. 17.402.006, 2017.
"Applications of Group Decision Making Approach Based on Quality Function Deployment and Fuzzy Weighted Average", Principal Investigator, Galatasaray University Research Fund, Grant No. 15.402.002, 2015.
"Fuzzy Decision Making Approach for Health-care Performance Assessment in Istanbul", Principal Investigator, Galatasaray University Research Fund, Grant No. 14.402.001, 2014.
"Decision Making Methodology for Evaluating and Selecting Energy Alternatives", Principal Investigator, Galatasaray University Research Fund, Grant No. 13.402.007, 2013.
"An Integrated Approach for Supplier Evaluation and Selection using Quality Function Deployment and Data Envelopment Analysis", Principal Investigator, Galatasaray University Research Fund, Grant No. 12.402.001, 2012.
"Multi-Criteria Decision Making Approaches for Supplier Selection, Principal Investigator", Galatasaray University Research Fund, Grant No. 10.402.018, 2010.
"An Integrated Real Options and Fuzzy Multi-Criteria Decision Making Approach for Selecting an Advanced Manufacturing System", Principal Investigator, Galatasaray University Research Fund, Grant No. 10.402.014, 2010.
"Evaluating Health-Care Waste Disposal Alternatives Using Multi-Criteria Decision Making Approach", Principal Investigator, Galatasaray University Research Fund, Grant No. 09.402.019, 2009.
"A Decision Making Approach Based on Fuzzy Regression and Fuzzy Multiple Objective Programming for Advanced Manufacturing Technology Selection", Principal Investigator, Galatasaray University Research Fund, Grant No. 08.402.011, 2008.
"An Integrated Quality Function Deployment and Fuzzy Regression-Based Optimization Framework for Selecting an E-business Software System", Principal Investigator, Galatasaray University Research Fund, Grant No. 08.402.003, 2008.
"Valuation of Advanced Manufacturing System Investments Using Real Options Approach", Principal Investigator, Galatasaray University Research Fund, Grant No. 07.402.018, 2007.
"A Common-Weight MCDM Framework for Decision Problems with Multiple Inputs and Outputs", Principal Investigator, Galatasaray University Research Fund, Grant No. 07.402.006, 2007.
"Evaluating Solid Waste Management Scenarios Using a Fuzzy Multi-Criteria Decision Making Approach", Principal Investigator, Galatasaray University Research Fund, Grant No. 07.402.001, 2007.
"Personnel Selection Using an MCDM Approach that Integrates Numerical and Linguistic Information", Principal Investigator, Galatasaray University Research Fund, Grant No. 06.402.009, 2006.
"A Generalized Fuzzy Optimization Framework for R&D Project Selection Using Real Options Valuation", Principal Investigator, Galatasaray University Research Fund, Grant No. 06.402.001, 2006.
"Choquet Integral-based Decision Making Approach for Robot Selection", Principal Investigator, Galatasaray University Research Fund, Grant No. 05.402.006, 2005.
"Fuzzy Multi-Criteria Decision Making Approach for Transport Projects Evaluation in Istanbul", Principal Investigator, Galatasaray University Research Fund, Grant No. 05.402.002, 2005.
RESEARCH INTERESTS:
Decision analysis
Multiple criteria decision making
Data envelopment analysis (DEA)
Product development
Supplier selection
Capital investment decision making
Production economics
REVIEWING ACTIVITIES (Reviewer for the following academic journals):
International Journal of Production Research
International Journal of Production Economics
Fuzzy Sets and Systems
IEEE Transactions on Systems, Man and Cybernetics, Part A
Computers & Industrial Engineering
Computers & Operations Research
Kybernetes
Applied Mathematical Modelling
Proc. of the Inst. of Mechanical Engineers, Part B, Journal of Engineering Manufacture
International Journal of Computer Integrated Manufacturing (IJCIM)
International Journal of Information Technology & Decision Making (IJITDM)
RAIRO - Operations Research
Concurrent Engineering: Research and Applications
International Journal of Environmental Science and Technology
Mathematical Problems in Engineering
International Journal of Uncertainty, Fuzziness and Knowledge-Based Systems
Production and Operations Management
Robotics and Computer Integrated Manufacturing
Journal of Intelligent Manufacturing
Group Decision and Negotiation
Lecture Notes in Computer Science
Lecture Notes in Economics and Mathematical Systems
The Engineering Economist
Asia Pacific Management Review
The Arabian Journal for Science and Engineering
The Journal of Management & Engineering Integration
Transactions on Operational Research
Industrial Engineering Journal (Endustri Muhendisligi)
ACADEMIC HONORS & ACHIEVEMENTS:
Academic Achievement Award from the Office for International Students and Scholars of the University of Southern California, 1990.
Tuition Award from the Graduate School of the University of Southern California, 1990.
First ranking graduate in the 1988-89 graduating class of the Industrial Engineering Department of Istanbul Technical University.
MEMBERSHIP IN PROFESSIONAL SOCIETIES:
International Institute of Informatics and Systemics (IIIS)
KES (Society: Intelligent Systems)
CFA (Chartered Financial Analyst) Institute
OTHER ACADEMIC ACTIVITIES:
Cited over 2200 times in publications indexed within Web of Science and has an h-index of 24 (Source: ISI Web of Science Core Collection). Cited over 5200 times in publications indexed within Google Scholar and has an h-index of 29 (Source: Google Scholar).
According to a database compiled by Stanford University and Elsevier in 2023 as well as previous versions created since 2019, he is ranked among the world's top scientists both for career-long and single recent year impact in his respective field. The lists rank academics based upon research citation metrics across all scientists and disciplines.
Associate Editor, Decision Analytics Journal, Elsevier.
Member of the Editorial Board, Journal of Advanced Manufacturing Systems, World Scientific.
Keynote Speaker, International Academic Conference on Management, Economics, Business and Marketing in Vienna 2023 (IAC-MEBM 2023), Austria, 2023.
Keynote Speaker, International Academic Conference on Management, Economics and Marketing in Vienna 2023 (IAC-MEM 2023), Austria, 2023.
Keynote Speaker, International Academic Conference on Management, Economics and Marketing in Vienna 2022 (IAC-MEM 2022), Austria, 2022.
Keynote Speaker, International Academic Conference on Management, Economics, Business and Marketing in Vienna 2019 (IAC-MEBM 2019), Austria, 2019.
Keynote Speaker, The 3rd Annual International Conference on Data Science and Business Analytics (ICDSBA 2019), Istanbul, 2019.
Keynote Speaker, International Academic Conference on Management, Economics and Marketing in Vienna 2019 (IAC-MEM 2019), Austria, 2019.
Keynote Speaker, International Academic Conference on Management, Economics, Business and Marketing in Vienna 2018 (IAC-MEBM 2018), Austria, 2018.
Keynote Speaker, "Common Weight Data Envelopment Analysis-Based Decision Models", 38th Congress on Operational Research and Industrial Engineering (YA/EM 2018), Eskisehir, Turkey, 2018.
Guest Editor, 28th National Congress on Operational Research and Industrial Engineering (YA/EM'08) Special Issue, Industrial Engineering Journal (Endustri Muhendisligi), Vol. 20, No.1, 2009.
External assessor to review proposals of academy research fellow posts for Academy of Finland, The Research Council for Natural Sciences and Engineering.
External assessor to review research proposals for Swiss National Science Foundation (SNSF).
External assessor to review research proposals for City University of Hong Kong.
External assessor to review postdoctoral research scholarship applications in Industrial Engineering and Operations Research for Scientific and Technological Research Council of Turkey (TUBITAK).
Member of the evaluation committee of applicants for professor, associate/assistant professor and lecturer positions, and examiner for qualifying exams and member of dissertation committee of a number of Ph.D. students.
Within the framework of lifelong education, he graduated from Anadolu University Associate Degree Program in Justice as an honor student in September 2021, and Anadolu University Associate Degree Program in Health Institutions Management as a high honor student in January 2023.
CONFERENCE ACTIVITIES:
Organising Chair, The 3rd Annual International Conference on Data Science and Business Analytics (ICDSBA 2019), Istanbul, 11-12 October 2019.
Conference Committee Member of The International Conference on Systems Engineering and Engineering Management (ICSEEM’17), World Congress on Engineering and Computer Science (WCECS 2017), San Francisco, USA, 25-27 October 2017.
Conference Committee Member of The International Conference on Systems Engineering and Engineering Management (ICSEEM’16), World Congress on Engineering and Computer Science (WCECS 2016), San Francisco, USA, 19-21 October 2016.
Program Committee Member of The 2016 International Conference of Manufacturing Engineering and Engineering Management (ICMEEM′16), World Congress on Engineering 2016 (WCE 2016), London, UK, 29 June-1 July 2016.
Conference Committee Member of The International Conference on Systems Engineering and Engineering Management (ICSEEM’15), World Congress on Engineering and Computer Science (WCECS 2015), San Francisco, USA, 21-23 October 2015.
Scientific Advisory Board Member, 2nd Global Conference on Engineering & Technology Management (GCETM), Chicago, USA, 6-8 August 2015.
Program Committee Member of The 2015 International Conference of Manufacturing Engineering and Engineering Management (ICMEEM′15), World Congress on Engineering 2015 (WCE 2015), London, UK, 1-3 July 2015.
Member of the Scientific Committee, 15th National Symposium on Production Research, Izmir, Turkey, 14-16 October 2015.
Member of the Scientific Committee, 14th National Symposium on Production Research, Istanbul, Turkey, 3-5 September 2014.
Scientific Advisory Board Member, Global Conference on Engineering & Technology Management (GCETM), Istanbul, Turkey, 23-26 June 2014.
Member of the Organizing Committee, The International IIE Conference, Istanbul, Turkey, 26-28 June 2013.
Member of the Scientific Committee, 13th National Symposium on Production Research, Sakarya, Turkey, 25-27 September 2013.
Member of the Academic Advisory Board, 32nd National Congress on Operational Research and Industrial Engineering, Istanbul, Turkey, 20-22 June 2012.
Chair for "Decision Making in Management and Engineering" track, IEMS 2012 Conference (International Conference on Industry, Engineering, and Management Systems), Cocoa Beach, Florida, USA, 26-28 March 2012.
Member of the Scientific Committee, 11th National Symposium on Production Research, Istanbul, Turkey, 23-24 June 2011.
Chair for "Decision Making in Management and Engineering" track, IEMS 2011 Conference (International Conference on Industry, Engineering, and Management Systems), Cocoa Beach, Florida, USA, 28-30 March 2011.
Member of the Advisory Board, 30th National Congress on Operational Research and Industrial Engineering, Istanbul, Turkey, 30 June-2 July 2010.
Chair for "Decision Making in Management and Engineering" track, IEMS 2010 Conference (International Conference on Industry, Engineering, and Management Systems), Cocoa Beach, Florida, USA, 8-10 March 2010.
Member of the Program Committee, 2009 International Conference on Business Intelligence and Financial Engineering (BIFE'2009), Beijing, China, 24-26 July 2009.
Member of the Advisory Board, 9th National Symposium on Production Research, Eskisehir, Turkey, 15-17 October 2009.
Member of the Program Committee, 29th National Congress on Operational Research and Industrial Engineering, Ankara, Turkey, 22-24 June 2009.
Chair for "Decision Making in Management and Engineering" track, IEMS 2009 Conference (International Conference on Industry, Engineering, and Management Systems), Cocoa Beach, Florida, USA, 9-11 March 2009.
Member of the Scientific Committee, 8th National Symposium on Production Research, Istanbul, Turkey, 24-25 October 2008.
Chair of the Organizing Committee, 28th National Congress on Operational Research and Industrial Engineering (YA/EM'08), Istanbul, 30 June - 2 July 2008.
Chair for "Decision Making in Management and Engineering" track, IEMS 2008 Conference (International Conference on Industry, Engineering, and Management Systems), Cocoa Beach, Florida, USA, 10-12 March 2008.
Member of the Scientific Committee, 2nd National Symposium on Quality Function Deployment, Izmir, Turkey, 19-21 March 2008.
Co-organizer (with D-H. Lee and D-S. Kim) of the Technical Workshop on "Optimization: Theories and Applications (OTA 07)", International Conference on Computational Science and Its Applications (ICCSA 2007), Kuala Lumpur, Malaysia, 26-29 August 2007.
Member of the Scientific Committee, 7th National Symposium on Production Research, Ankara, Turkey, 15-17 November 2007.
Member of the Advisory Board, 27th National Congress on Operational Research and Industrial Engineering, Izmir, Turkey, 2-4 July 2007.
Chair for "Decision Making in Management and Engineering" track, IEMS 2007 Conference (International Conference on Industry, Engineering, and Management Systems), Cocoa Beach, Florida, USA, 12-14 March 2007.
Co-organizer (with D-H. Lee and D-S. Kim) of the Technical Workshop on "Optimization: Theories and Applications (OTA 06)", International Conference on Computational Science and Its Applications (ICCSA 2006), Glasgow, UK, 8-11 May 2006.
Chair for "Decision Making in Management and Engineering" track, IEMS 2006 Conference (International Conference on Industry, Engineering, and Management Systems), Cocoa Beach, Florida, USA, 13-15 March 2006.
Member of the Advisory Board, 26th National Congress on Operational Research and Industrial Engineering, Kocaeli, Turkey, 3-5 July 2006.
Member of the Scientific Committee, 5th National Symposium on Production Research, Istanbul, Turkey, 25-27 November 2005.
Member of the Scientific Committee, 35th International Conference on Computers & Industrial Engineeering (ICC&IE 2005), Istanbul, Turkey, 19-22 June 2005.
Member of the Advisory Board, 24th National Congress on Operational Research and Industrial Engineering, Adana, Turkey, 15-18 June 2004.
Chair for "Decision Support Systems" track, IEMS 2003 Conference (International Conference on Industry, Engineering, and Management Systems), Cocoa Beach, Florida, USA, 17-19 March 2003.
Member of the Advisory Board, 23rd National Congress on Operational Research and Industrial Engineering, Istanbul, Turkey, 3-5 July 2002.
Member of the International Advisory Board, 2nd International Conference on Responsive Manufacturing, Gaziantep, Turkey, 26-28 June 2002.
OTHER PROFESSIONAL ACTIVITIES:
Chartered Financial Analyst (CFA)®. Earning this charter (charter earned in 2000) required to pass three six-hour examinations covering a globally relevant Body of Knowledge set by an international council of investment-industry leaders.
Listed in Who’s Who in the World, 2003.