Recent environmental changes such as developments in technology, globalization, shortened product life cycles, and the combination of products and services have changed the role of industrial engineering. The Department of Industrial and Management Engineering provides a program in the management field on the basis of traditional industrial engineering. Industrial and Management Engineering aims to provide a knowledge base and skillset that enable organizations to achieve effective optimization and continuous improvement.

Therefore, the Graduate School of Industrial and Management Engineering has three research groups: SDM (System Design Management), OIM (Operations & Information Management) and STM (Strategic Technology Management). Under the three research groups, education and research are conducted focusing on seven key areas: product lifecycle engineering, human factor engineering / human computer interaction, management science and SCM, data mining, financial engineering, service science and strategic technology management.

• Product Lifecycle Engineering

How the products are designed, used and discarded from the viewpoint of environmentally friendly and competitiveness of products is emerging as a key issue of green growth. In the product lifecycle engineering field, we study methodologies that effectively support the design, development, production, operation, disposal and reuse of sustainable products and services that take into account the entire lifecycle of the product, conduct system engineering and infrastructure construction research for acquisition and exchange of product information using ubiquitous technology. The main topics are as follows:

– Product Lifecycle Analysis and Management
– Green Product & Product-Service Development(Eco-design)
– Sustainable Manufacturing
– Ubiquitous System Engineering(USE) and Product Lifecycle Information Infrastructure(UPLII)

• Ergonomics and Human Computer Interaction

In Ergonomics / human computer interaction field, we study human-centered design to enhance usability and user value in terms of physical, physiological, cognitive, and emotional aspects of people. Topics include human body mechanics, HCI, usability engineering, universal design, emotional design, product design and development. In recent years, user interface design and evaluation of mobile phones and electronic products, user experience and universal design of residential environment have been actively researched.

• Operations Research and Supply Chain Management

Operations research and SCM mainly focus on developing and applying techniques to analyze and optimize various systems related to system productivity and service level improvement in industry or public sector. Research areas include supply chain management, production management, scheduling, logistics, quality engineering, system performance analysis, system design, demand forecasting, and resource allocation. Related techniques include mathematical programming, search techniques, simulation, Markov chain, queuing theory, reliability theory, time series analysis, and regression analysis. We are actively carrying out research projects in the corporate and public sectors with emphasis on development of management technology that takes into consideration the applicability of the field.

• Data Mining and Business Intelligence

Data mining deals with theories, algorithms and applications that extract useful information or knowledge from engineering and business-related data. Useful information is expressed in the form of predictions, classifications, clusters, or association rules. Statistical / mathematical techniques, artificial intelligence, and expert systems are used to extract such information. Major applications include quality prediction, fraud detection, departure customer analysis, and market (customer) segmentation.

• Financial Engineering

Financial engineering is a discipline aimed at designing, developing and supplementing innovative means and procedures related to financial markets and providing creative solutions to various problems in financial markets. Financial engineers use a variety of mathematical and engineering analysis tools to analyze spot markets such as stocks and bonds and derivatives markets based on them, and research topics such as investment management of individuals and companies, and financial risk management of financial institutions. In particular, in the field of financial risk management, we study various financial risks due to changes in stock prices, exchange rates and interest rates, and quantitatively analyze the value of financial instruments to hedge risks. Financial engineering cannot be done in one discipline, but is a convergence science combining diverse disciplines such as business administration (finance), industrial engineering, and applied mathematics.

• Service Science, Management and Engineering

Service Science is a field of new studies born from attempts to synthesize knowledge of various adjacent fields such as industrial engineering and technology, management, mathematics, and social science to achieve innovation of service. Key areas of research include the development of new services, the operation of services, the engineering approach to improving services, and customer value management. Applications are focused on high value-added knowledge services among various service areas and focus on medical services, IT and communication services, financial services, logistics services and manufacturing services.

• Strategic Technology Management

STM covers strategic management using technology, and can be divided into two sub-fields: information management strategy and technology management strategy.

In the field of information management strategy, we deal with the strategic utilization of information technology (IT) required to effectively cope with the rapid progress of information technology. This course deals with the role of information technology (SIS), management innovation strategy (BPR / ERP / RE), various information systems (TPS, IPS, DSS, EIS, ERP) EC / MC, and KM.

In the field of technology management strategy, future technologies for technology innovation, technology forecasting, technology strategy, technology architecture, and patent strategy are covered. In addition, we learn about the source, type, and pattern of technological innovation as well as strategy for entering the market, effective organization, and cooperation between organizations. We learn of the strategic superiority of the company through technological innovation and development through actual domestic and foreign companies.