The former Discipline of Econometrics and Business Statistics is now officially renamed to Discipline of Operations Management and Econometrics (DOME).
This change recognises the important role of Operations Management in the group alongside the continuing strength in Econometrics. The strategic renaming reflects the full scope of DOME's expertise over operations management, management science, econometrics and statistics.
The discipline has strengths in the areas of financial econometrics, business forecasting, Bayesian econometrics, computationally intensive estimation methodology, supply chain management, scheduling theory and energy markets. As well as theoretical and applied work within the discipline, Operations Management and Econometrics brings sophisticated quantitative techniques to all areas of research and scholarship within the Faculty. This allows specialists in other disciplines to undertake a level of data analysis that would not otherwise be possible, and also enables cross-disciplinary collaborations in areas such as measuring risk in financial markets.
MEAFA is perhaps the most comprehensive multi-disciplinary project within the Faculty of Economics and Business that recognises the key input of DOME in an increasingly cross-disciplinary research environment.
It should be emphasised that DOME was instrumental in founding MEAFA in 2007 with one senior statistician Dr Richard Gerlach, one econometrician Dr Vasilis Sarafidis, and one operations management researcher Dr Dmytro Matsypura. Another econometrician Dr Andrey Vansev, has joined MEAFA in 2008. DOME has also a significant input in mentoring MEAFA's general direction, its national and international exposure with Prof Robert Bartels being a key member of its advisory committee.
MEAFA congratulates the Discipline of Operations Management and Econometrics (DOME) for the key move, and feels privileged to be part of such dynamic research environment.