Selected Conference Attendance  * AmirMohammad Larni-Fooeik, Mostafa Shabani, Emran Mohammadi, “Integrating ESG Factors into Portfolio Optimization: Practical Constraints and S&P 500 Analysis”, 20th Iranian International Industrial Engineering Conference, May 14-15, 2025, Tehran, Iran.​ * Danial Mohammadi, Emran Mohammadi,  Mohammad Mahdi Vali-Siar , Nima Heidari “Analysis of Factors Influencing Pricing Errors of Option Contracts in the Derivatives Market of the Tehran Securities Exchange”, 20th Iranian International Industrial Engineering Conference, May 14-15, 2025, Tehran, Iran. * Mahdi Lotfizadeh, Emran Mohammadi, “Black-Litterman Portfolio Optimization with Alternative Risk Measures: Evidence from the U.S. Stock Market”, 20th Iranian International Industrial Engineering Conference, May 14-15, 2025, Tehran, Iran. * Seyed Ali Mousavi Loleti, Emran Mohammadi, Saeed Shavvalpour, “Forecasting the status of the total index of the Tehran Stock Exchange using macroeconomic variables”, 9th International Conference on Industrial and Systems Engineering, Ferdowsi University of Mashhad, September 12-13, 2023. * Mojtaba Nouri, Mir Saman Pishvaee, Emran Mohammadi, “Multi-stage stochastic wealth-semideviation-liquidity portfolio optimization under transaction costs”, 18th Iranian International Industrial Engineering Conference, November 17-18, 2021, Tehran, Iran. * Pejman Peykani, Mehdi Namazi, Emran Mohammadi, “ An Expert System for Evalution, Ranking and Selection of Research and Development Projects, The 13th International Conference on Decision and Data Envelopment Analysis, 27-28 October 2021 Tehran, Iran. * Mohammad Hossein Karimi, Emran Mohammadi, “A multinomial goal programming model using Markowitz model based on energy portfolio under uncertainty”, 4th International Online Conference on Intelligent Decision Science, Bahcesehir University on 7-8 August of 2020, Istanbul Turkey. * Zahra Khandan, Emran Mohammadi, “A new fuzzy approach for multi- period portfolio optimization under uncertainty”, 4th International Online Conference on Intelligent Decision Science, Bahcesehir University on 7-8 August of 2020, Istanbul Turkey. * Parinaz Vaez, Fatemeh Sabouhi, Ali Bozorgi-Amiri, Emran Mohammadi, “A production scheduling model for Temper mill”, 6 th  International Conference on Industrial and Systems Engineering, Ferdowsi University of Mashhad, 9 & 10 Sep. 2020. * Maryam Delshad Sisi, Emran Mohammadi, Amir Azizi, “Multiple satisfaction levels Optimization in portfolio decision analysis under an uncertain condition with fuzzy” 16th  Iranian International Industrial Engineering Conference, Alzahra University of Tehran, 22-23 January 2020. * Pejman Peykani, Emran Mohammadi, “Fuzzy Network Data Envelopment Analysis: A Possibility Approach” The third international conference on Intelligent Decision, Tehran, Iran, May 9-11, 2018. * Pejman Peykani, Emran Mohammadi, “Portfolio Selection Problem under Uncertainty: A Robust Optimization Approach” The third international conference on Intelligent Decision, Tehran, Iran, May 9-11, 2018. * Pejman Peykani, Emran Mohammadi, Mohsen Rostami, “A Robust Variant of Radial Measure for Performance Assessment of Stock” The third international conference on Intelligent Decision, Tehran, Iran, May 9-11, 2018. * Seyed Erfan Mohammadi, Emran Mohammadi, “Robustness in Portfolio Optimization Based on Minimax Regret Approach” 14th International Industrial Engineering Conference, Tehran, 2018. * Pejman Peykani,Emran Mohammadi, “Robust Data Envelopment Analysis with Hybrid Uncertainty Approaches and its Applications in Stock Performance Measurement” 14th International Industrial Engineering Conference, Iran University of science and Technology, 2018.2.7. * Hamidreza Mardimamghani, Amirmohammad Abdoli, Emran Mohammadi, “Introducing a model for business continuity using production planning of perishable goods under uncertainty” 14th International Industrial Engineering Conference, Iran University of science and Technology, 2018.2.7. * Pejman Peykani, Emran Mohammadi, Fatemeh Sadat Seyed Esmaeili, “The Classification of Investment Companies Using the Interval Network Data Envelopment Analysis Model” 14th International Industrial Engineering Conference, Iran University of science and Technology, 2018.2.7. * Hmidreza Mardimaqani, Emran Mohammadi, Mohammadmahdi Sharifinevisi, "Contracts performance evaluation in Tehran Municipality for waste management, using DEA with undesirable and uncontrollable variables" The first international conference on system optimization and business management, 30-31 Aug 2017, Babol Noshirvani University of Technology, Iran. * Pejman Peykani, Emran Mohammadi, Mohsen Rostamy-Malkhalifeh and Mir Saman Pishvaee, "Optimistic-Pessimistic Fuzzy Data Envelopment Analysis Based on General Fuzzy Measure", 15th International Conference on Data Envelopment Analysis, Prague – June 26 to 29, 2017. * E. Mohammadi, K. Anooshe, "Supplier Evaluation and Performance Improvement via DEA", The 8th National Conference of Data Envelopment Analysis, Islamic Azad University –Ardabil Branch, August 3-4, 2016. * Seyyed Mohammad Mousavi , Emran Mohammadi,  Heshmat Erfani ،Hessam Arefkhani, Hassan Mohammadzadeh, "Providing a practical, conceptual model for university-industry relationship and Classifying indices affecting the efficiency of that relationship", 6th International Conference on Economics Management and Engineering Sciences. Belgium, Brussels, Conference Hall Europe, 20. Jan. 2016. * M. Namazi, E. Mohammadi, "LC BOLD: A New Classification for Innovation Factors in Large Enterprises" , IEEE-2015, 2nd International Conference on Knowledge-Based Engineering and Innovation (KBEI), Tehran, Iran, Nov. 05-06 2015. * M. Namazi, E. Mohammadi, M. Fathian,"Excellence Model for Social Networks based on Information Technology" , IEEE-2015, 2nd International Conference on Knowledge-Based Engineering and Innovation (KBEI), Tehran, Iran, Nov. 05-06 2015 * L. Amini, E. Mohammadi" Process Modeling of Indirect Dry cooling Systems Performance in Thermal Power Plant Using System Dynamics Approach", International conference on Modern Research's in Management, Economics and Accounting, Istanbul, Turkey, 27 July 2015 * E. Mohammadi,"Detecting Faults in Railway Point Mechanism Subject to Preventive Maintenance and Inspection", The 4th International Conference on Recent Advances in Railway Engineering (ICRARE), Iran University of Science and Technology, Tehran , Iran,  18-19 MAY 2015 * E. Mohammadi F. Mansurian, " A New Application of Game Theory in Assembly Line Balancing Subject to Nash Equilibrium", National Conference on Economics, Management and Accounting, Iran, 19 February 2015  * E. Mohammadi, H. Mazlumi," Practical Financial Statement Analysis in Accounting Using DEA"  The 6th International Conference of Data Envelopment Analysis, Islamic Azad University , December 4-5, 2014 * Omid Shafiezad, Emran Mohammadi,"A New Model for Facility Layout Planning Using Genetic Algorithm", The First National Conference on Meta-Heuristic Algorithms and Their Applications in Engineering and Science, Pardisan High Education Institute, Feridonkenar, 7-8 August 2014  * Emran Mohammadi, Omid Shafiezad, "Considering Cost and Safety in Layout Optimization Using Genetic Algorithm", The First National Conference on Meta-Heuristic Algorithms and Their Applications in Engineering and Science, Pardisan High Education Institute, Feridonkenar, 7-8 August 2014 * A. Shakeri , E. Mohammadi, M. Moghaddam, "An investigation about effective factors in strategy of technology substitution",  10th International Conference On Strategic Management, University of Tehran, November 26 & 27, 2013 * Fateme Bozorgi Atoei , Emran Mohammadi, Ali Bozorgi Amiri, " Considering disruption risk in designing of reliable supply chain network" 5th International conference on modeling, simulation and applied optimization, Hammamet, Tunisia, ICMSAO’13, 2013  * Emran Mohammadi, "A MIP Modeling of Flow Shop Scheduling Subject to Fuzzy Process Time" International Conference on Nonlinear Modeling & Optimization, Shomal University, Amol , 28-29 Aug. 2012 * Mehdi Heydari, Emran Mohammadi, “Single Machine Problem with a Minimax Criteria and Preemption Penalties” IEEE CSAE 2011, shanghai during June, 10-12, 2011, ID: 10365. * Mehdi Heydari, Emran Mohammadi, “A Preemptive Priority Scheduling with Preemptions Subject to Fuzzy Time Penalty” 4th International conference on Fuzzy Information & Engineering, Shomal University, Amol, 14-15 October 2010. * Mehdi Heydari, Emran Mohammadi, “ Using a fuzzy heuristic algorithm in flow shop preemptive scheduling problem” 4th International conference on Fuzzy Information & Engineering, Shomal University, Amol, 14-15 October 2010.   * Emran Mohammadi, Mohammad Ghadirpour, “ Using fuzzy group analytical hierarchy process for evaluation of contractors; Case study in BIUST” 4th International conference on Fuzzy Information & Engineering, Shomal University, Amol, 14-15 October 2010. "Return to previous page"

Selected Journal Papers 1. Mohammadi D, Mohammadi E, Savojbolaghi ZN, (2026). Determinants of Option Pricing Errors: Evidence from Tehran Derivatives Market, International Journal of Operations Research and Artificial Intelligence. https://doi.org/10.48314/ijorai.v2i1.85 2.Larni-Fooeik AM, Shabani M, Mohammadi E, (2026). Balancing Financial Performance and ESG Objectives in Portfolio Optimization: Insights from the S&P 500, Journal of Quality Engineering and Production Optimization. https://doi.org/10.22070/jqepo.2026.20677.1302 3.Karimpoor Z, Ghanbari H, Mohammadi E, Noorossana R, (2026). Mapping the Intellectual Landscape of Option-Based Portfolio Management: A Multidimensional Bibliometric Review, Interdisciplinary Journal of Management Studies.  https://doi.org/10.22059/ijms.2026.392492.677501 4.Khakbazan M, Ghanbari H, Mohammadi E, Kumar RR, Ghasemi Abyaneh A, (2026). Exploring the role of AI-driven innovations in circular economy: a comprehensive bibliometric analysis. Quality & Quantity. https://doi.org/10.1007/s11135-025-02388-0 5.Mohammadi E, Karimi MH, Eskorouchi A, Ghanbari H, (2025). Dempster–Shafer-Informed Levelized Cost of Energy: A Robust Approach for Energy Portfolio Optimization under Deep Uncertainty. Results in Engineering. https://doi.org/10.1016/j.rineng.2025.107756 6.Ghasemi Abyaneh A, Ghanbari H, Mohammadi E, Amirsahami A, Khakbazan M, (2025). An analytical review of artificial intelligence applications in sustainable supply chains. Supply Chain Analytics. https://doi.org/10.1016/j.sca.2025.100173 7.Ghanbari H, Shabani M, Mohammadi E, Seiti H, (2025). A Comprehensive Bibliometric Review of Digitalization Impacts on Supply Chain Risk Management. Supply Chain Analytics. https://doi.org/10.1016/j.sca.2025.100165 8.Naseri V, Sahebi H, Mohammadi E, Razm S, (2025). Navigating the Water-Energy Nexus in Bioenergy Production: A Resilience Framework for Sustainable Biofuel Supply Networks. Results in Engineering. https://doi.org/10.1016/j.rineng.2025.107248 9.Heydarpour M, Mohammadi E, (2025). Comprehensive Econometric Modeling of Commodity and Cryptocurrency Impacts on the S&P 500 Index. International Journal of Management, Accounting & Economics. https://doi.org/10.22034/ijmae.2025.228021 10. Ghanbari H, Taheripour I, Mohammadi E, (2025). Investment Portfolio optimization using conditional value at risk under fuzzy credibility theory: A case study of the Dow Jones Industrial Average. Management: Modeling, Analysis and Application. https://doi.org/10.22105/mmaa.v2i3.96 11.   Shabani M, Khodarahmi A, Ghousi R, Mohammadi E, Ghanbari H, (2025). An Appraisal of Fund of Funds Efficiency Based on Risk-Adjusted Performance Measures: Application of an Augmented WASPAS Methodology, Plos One. https://doi.org/10.1371/journal.pone.0314918 12.  Ghanbari H, Tavakoli S, Shabani M, Mohammadi E, Sadjadi SJ, Kumar RR, (2025). A Two-Stage Framework for Enhancing Cryptocurrency Portfolio Performance: Integrating Credibilistic CVaR Criterion with a Novel Asset Preselection Approach, PLOS One.  https://doi.org/10.1371/journal.pone.0325973 13.  Heydarpour M, Ghanbari H, Mohammadi E, Shavvalpour S, (2025). Robust Portfolio Optimization using LSTM-based Stock and Cryptocurrency Price Prediction: An Application of Algorithmic Trading Strategies, Iranian Journal of Accounting, Auditing and Finance, https://doi.org/10.22067/ijaaf.2025.46039.1466 14. Taheri M, Azizi A, Mohammadi E, (2025). Novel methods for selecting stock portfolio in conditions of uncertainty and forecasting with RR-DEA, ANFIS, FGP: A case study of Tehran stock exchange, Plos One. https://doi.org/10.1371/journal.pone.0321370 15. Mohammadi D, Mohammadi E, Vali-Siar MM, Heidari N, (2025). Analysis of Factors Influencing Pricing Errors of Option Contracts in the Derivatives Market of the Tehran Securities Exchange. Journal of Optimization and Supply Chain Management. https://doi.org/10.22034/ISS.2025.9078.1044 16.  Ghanbari H, Seiti H, Mohammadi E, Elkamel A, (2025). Selecting a Sustainable Hydrogen Production Method Using a Novel Dual Evaluation EDAS Approach, Annals of Operations Research. https://doi.org/10.1007/s10479-025-06616-6  17.   Khalili AM, Mohammadi E, Ghanbari H, (2025). Cryptocurrency Portfolio Optimization using Conditional Drawdown at Risk Measure with a Novel Approach for Asset Pre-selection. Journal of Industrial and Systems Engineering. 18.  Mohseny-Tonekabony N, Sadjadi SJ, Mohammadi E, Tamiz M, F. Jones D, (2025). Robust, extended goal programming with uncertainty sets: an application to a multi-objective portfolio selection problem leveraging DEA, Annals of Operations Research. https://doi.org/10.1007/s10479-023-05811-7   19.   Nozohouri Kh, Ghanbari H, Mohammadi E, (2025). An Empirical Comparison of Quantile-Based Risk Measures for Portfolio Construction under Practical Constraints. Journal of Optimization in Industrial Engineering. https://doi.org/10.71720/joie.2025.1104450 20.  Ghanbari H, Shabani M, Mohammadi E, (2025). A Fuzzy Approach to Portfolio Optimization in the Light of Credibility Theory and Z-numbers: An Empirical Study of Tehran Stock Exchange. International Journal of Industrial Engineering. https://doi.org/10.22068/ijiepr.36.3.1999 21. Shabani M, Ghousi R, Mohammadi E, (2025). Exploring the Evolution of Scientific Publication on Portfolio Optimization in the Light of Artificial Intelligence: A Bibliometric Study, Accounting. https://doi.org/10.5267/j.ac.2024.10.002. 22.  Heydarpour M, Eskorouchi Ah, Mohammadi E, (2025). Portfolio Optimization Model Based on Prediction Using Dempster-Shafer Theory: Application to Iranian Stock and Options Market. Islamic and Middle Eastern Finance and Management. 23. Zarezade R, Ghousi R, Mohammadi E, Ghanbari H, (2025). Fuzzy portfolio optimization using conditional drawdown at risk: Empirical evidence on selective companies in the Tehran Stock Exchange. Accounting, https://doi.org/10.5267/j.ac.2025.2.002 24.  Mansouri H, Mollaei H, Mousavi-Nasab SH, Firoozi Z, Mohammadi E, (2024). Performance Evaluation and Credit Rating of Mutual Funds Using the Optimistic-Pessimistic Fuzzy Network Data Envelopment Analysis Approach. Fuzzy Systems and its Applications. 25.  Danesh Asgari S, Mohammadi E, Makui A, Jafari M, (2024). Data-driven robust optimization in the face of large-scale datasets: An incremental learning approach, Journal of Computational Science. https://doi.org/10.1016/j.jocs.2024.102432 26.  Shabani M, Ghanbari H, Ghousi R, Mohammadi E, (2024). A Novel Approach for Naive Diversification: An Application of Multiple Risk Measures to Enhance 1/N Portfolio Performance. International Journal of Management, Accounting and Economics. https://doi.org/10.5281/zenodo.13321037 27.  Ghanbari H, Mohammadi E, Larni Fooeik AM, Kumar RR, Stauvermann PJ, Shabani M, (2024). Cryptocurrency Portfolio Allocation under Credibilistic CVaR Criterion and Practical Constraints, Risks. https://doi.org/10.3390/risks12100163 28. Sheikhtajian S, Bagherinejad J, Mohammadi E, (2024). Investment in CCUS under technical uncertainty considering investor's risk aversion: An exotic compound real-options approach, International Journal of Greenhouse Gas Control. https://doi.org/10.1016/j.ijggc.2024.104241 29.  Peykani P, Emrouznejad A, Mohammadi E, Gheidar-Kheljani J, (2024). A Novel Robust Network Data Envelopment Analysis Approach for Performance Assessment of Mutual Funds under Uncertainty, Annals of Operations Research. https://doi.org/10.1007/s10479-022-04625-3 30.   Seyed Esmaeili FS, Mohammadi E, (2024). Z-number network data envelopment analysis approach: A case study on the Iranian insurance industry, Plos One. https://doi.org/10.1371/journal.pone.0306876 31.  Ghanbari H, Mohammadi E, Barzinpour F, Paeizi A, (2024). The Mean-Variance Cardinality Constrained Portfolio Selection using an Enhanced Genetic Algorithm with a Novel Crossover Operator. Journal of Industrial and Systems Engineering. 32.   Eskorouchi A, Ghanbari H, Mohammadi E, (2024). Exploring the Evolution of Robust Portfolio Optimization: A Scientometric Analysis. Iranian Journal of Accounting, Auditing and Finance. https://doi.org/10.22067/ijaaf.2024.44518.1402 33.   Larni A, Paeizi A, Taheri M, Mohammadi E, Sadjadi SJ, (2024). Multistage scenario-based planning for locating of pharmaceutic distribution centers for emergency patients by considering practical constraints under budget uncertainty conditions (case study: Kerman city in Iran). Results in Engineering. https://doi.org/10.1016/j.rineng.2024.102153 34.   Shabani M, Ghanbari H, Mohammadi E, (2024). Developing A New Equally Weighted Portfolio Strategy Using Different Risk Measures: An Empirical Evidence from S&P500 Index. Financial and Banking Strategic Studies. https://doi.org/10.22105/fbs.2024.194488 35. Dehghani J, Mirzamohammadi S, Mohammadi E, Mohammadi Dolat-Abadi H, (2024). Optimal investment timing for renewable projects based on binomial tree real-option-based model: a real-life case study of Iran. Environmental Energy and Economic Research. https://doi.org/10.22097/eeer.2024.433398.1310 36.  Larni AM, Sadjadi SJ, Mohammadi E, (2024). Stochastic portfolio optimization: A regret-based approach on volatility risk measures: An empirical evidence from The New York stock market. Plos One. https://doi.org/10.1371/journal.pone.0299699 37.  Zarezade R, Ghousi R, Mohammadi E, Ghanbari H, (2024). Portfolio optimization for insurance companies under different scenarios (A case study of Tehran Stock Exchange). Iranian Journal of Insurance Research. https://doi.org/10.22056/ijir.2024.03.04 38.  Zarezade R, Ghousi R, Mohammadi E, Ghanbari H, (2024). Chance-constrained programming for Cryptocurrency portfolio optimization using Conditional Drawdown at Risk. Journal of Industrial and Systems Engineering. 39.    Eghtesad A, Mohammadi E, (2024). Portfolio Optimization under Ambiguity Aversion Using Deep Learning, Machine Learning, and Time Series. The Journal of Financial Data Science. https://doi.org/10.3905/jfds.2024.1.150 40.  Mousavi Loleti SA, Ghanbari H, Mohammadi E, (2024). Portfolio optimization using the semi-variance model with a focus on positive potential (Case study: Tehran Stock Exchange). Budget and Finance Strategic Research. 41.   Danesh Asgari S, Mohammadi E, Makui A, Jafari M, (2024). Data-driven robust optimization based on position-regulated support vector clustering, Journal of Computational Science. https://doi.org/10.1016/j.jocs.2024.102210 42. Shabani M, Tavakoli S, Karimi S, Mohammadi E, (2024). A scientometric analysis of decentralized financial ecosystems: trends and future directions, Financial and banking strategic studies. https://doi.org/10.22105/fbs.2025.500474.1146 43.   Nanvay Savojbolaghi Z, Mohammadi D, Shokri N, Mohammadi E, (2024). Identification and analysis of factors affecting the valuation error of option contract in the Black-Scholes-Merton model. Journal of Research in Budget and Finance. 44.  Larni-Fooeik AM, Ghanbari H, Sadjadi SJ, Mohammadi E, (2024). Behavioral Finance biases: A Comprehensive Review on regret approach studies in portfolio optimization. International Journal of Industrial Engineering & Production Research. 45.  Larni AM, Ghasemi N, Mohammadi E, (2024). Insights into the application of the traveling salesman problem to logistics without considering financial risk: A bibliometric study. Management Science Letters. https://doi.org/10.5267/j.msl.2023.11.002 46.  Zarezade R, Ghousi R, Mohammadi E, (2024). Spillover effects of volatility between the Chinese stock market and selected emerging economies in the middle east: A condition

li.MsoNormal {mso-style-parent:""; margin-top:0margin-right:0 margin-bottom:8 margin-left:0 line-height:1 font-size:1 font-family:Calibri,sans-serif; 1 } span.citation-19 {} li.MsoNormal {mso-style-parent:""; margin-top:0margin-right:0 margin-bottom:8 margin-left:0 line-height:1 font-size:1 font-family:Calibri,sans-serif; 1 } span.citation-19 {}    ”Dr. Emran Mohammadi“  Associate Professor Industrial Engineering Group Email: e_mohammadiiust.ac.ir Phone: (+98)21-73225075    ORCID ID: 0000-0001-9965-1118 Educational Background Education •  Ph.D., Industrial Engineering, 2010, Iran University of Science and Technology, Iran •  M.Sc., Industrial Engineering, 2006, Iran University of Science and Technology, Iran •  B.Sc., Industrial Engineering, 2003, Iran University of Science and Technology, Iran Research Interests •  Financial Engineering (Portfolio Optimization; Advanced Topics in Financial Systems) • Quantitative Methods (Data Envelopment Analysis (DEA); Multi-Criteria Decision Making (MCDM); Dynamic Programming)  • Stochastic Programming and Risk Analysis (Stochastic, Fuzzy, and Robust Optimization; Risk Management and Analysis) •  Sequencing and Scheduling (Scheduling and Optimal Activity Sequencing; Production Planning) • Industrial Systems Design (Facility Location; Facility Layout Optimization; Feasibility Studies; Work Measurement and Time Study) Teaching Experiences • Post Graduate: Principles of Financial Engineering / Advanced Production Planning / Stochastic Programming / Financial Risk Management and Analysis / Advanced Topics in Financial Systems / Investment Management / Decision Making and Operations Research / Quantitative Methods / Statistics and Probability / Modern Production Management Systems / Mathematical Programming / Accounting for Managers / Risk Assessment and Management in Transportation / Entrepreneurial Decision-Making Models • Undergraduate: Principles of Cost Accounting / Production Planning / Compensation and Payroll Systems / Probability Theory / Operations Research / Engineering Economy / Financial Management / Work Measurement and Time Study / Industrial Facilities Planning / Industrial Systems Design / Maintenance and Reliability Management / Human Resource Management Research and Executive Experience  Employment  Teaching Experiences   Selected Journal Papers   Selected Conference Attendance  Selected Published Books   Assignments and Consultations "Back to Faculty List"