Faculty

Retsef Levi and his co-authors Mahesh Nagarajan from UBC and Ganesh Janakiraman from NYU Stern, were chosen to receive the INFORMS Optimization Society Young Researcher Prize at the INFORMS annual conference in October for their paper entitled "A 2-Approximation Algorithm for Stochastic Inventory Control Models with Lost Sales" that appeared in Mathematics of Operations Research.

Retsef Levi has received a National Science Foundation Career Grant for his proposal: "New Algorithmic Approaches to Computationally Challenging Stochastic Supply Chain and Revenue Management Models." This award is among the most highly-regarded distinctions in government-funded scientific organizations.

Roberto Rigobon and Arathi Mehrotra (Managerial Communication) were named co-winners of the Sloan School Teacher of the Year at the MIT Sloan Excellence in Teaching Awards. Each year, students nominate instructors for these teaching awards and the final recipients are chosen based on the quantity and quality of their nominations.
 

Robert B. McKersie is the recipient of the 2008 Cushing/Gavin Award from the Boston Labor Guild. The Guild is a community labor management organization affiliated with the Archdiocese of Boston. Each year it honors an individual who has made outstanding contributions as a neutral to our labor management community.

MIT Sloan Professor Robert C. Merton, along with Myron Scholes, won the Nobel Memorial Prize in Economic Sciences in 1997 for a new method to determine the value of derivatives.  In collaboration with the late Fischer Black, they developed a pioneering formula for the valuation of stock options. The Black-Scholes-Merton options pricing model is a tenet of modern finance. Merton received his PhD in economics from MIT in 1970.

Ross Watts has been inducted into the Australian Accounting Hall of Fame, which honors and celebrates outstanding academic and practitioner contributions to the advancement of accounting in Australia. Watts is the first expatriate inductee.

Otto Scharmer and Dimitris Bertsimas were each awarded the 2015 Jamieson Prize for Excellence in Teaching, established to honor educational innovation and excellence. The Jamieson Prize for Excellence in Teaching Award is the most prestigious teaching prize offered by the School. The award was established in 2006 and is awarded each year to two MIT Sloan faculty members, as well as two electrical engineering and computer science faculty members, for their contributions to educational excellence at MIT.

Erin Scott and Scott Stern have each won the 2021 Innovation in Entrepreneurship Pedagogy Award from the Entrepreneurship Division of the Academy of Management, for their Entrepreneurial Strategy course developed with co-winner Joshua Gans (University of Toronto) and first launched at MIT Sloan and the University of Toronto’s Rotman School of Management.
This annual award, sponsored by Yeshiva University, honors development and implementation of an innovation in entrepreneurship pedagogy. Evaluation of entrepreneurship courses is based on the innovativeness of the content and pedagogical process, demonstrated and potential impact and transferability, and the course’s relevance (to both students and entrepreneurial practice). The award committee recognized Entrepreneurial Strategy as “one of the very finest innovations in the area of entrepreneurship this year.”

Kerry Siani (Assistant Professor of Finance) has won an MIT Sloan School Outstanding Teacher Award for the 2022-2023 academic year. Mohammed Fazel Zarandi (Senior Lecturer in Operations Research/Statistics; Research Scientist) also won an Outstanding Teacher Award.  Each year, students nominate instructors for these teaching awards and the final recipients are chosen based on the quantity and quality of their nominations. Deputy Dean Michael Cusumano thanked the winners of this year’s teaching awards for “exemplifying the dedication to pedagogical excellence that is so central to our mission at MIT Sloan.”

Duncan Simester and Catherine Tucker have won the 2020 Weitz-Winer-O’Dell Award from the American Marketing Association. This award recognizes a Journal of Marketing Research article published five years earlier that has made the most significant, long-term contribution to marketing theory, methodology, and/or practice. Their winning paper, “Harbingers of Failure” (Journal of Marketing Research, Vol. 52, No. 5, October 2015), was co-authored with Song Lin (HKUST Business School), who was an MIT Sloan PhD student when the paper was written (PhD 2015), and Eric Anderson (Kellogg School of Management), who also obtained his PhD at MIT Sloan (in 1995).