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Terence Reilly

  • Associate Professor
Academic Division: Mathematics, Analytics, Science, and Technology
781-239-4545
Since coming to Babson, Dr. Reilly has focused much of his attention on how best to educate his students. He has spearheaded curriculum changes in the graduate and undergraduate management science classes. He has been awarded a grant to implement cooperative learning in the classroom and was an invited speaker at the Teaching of Management Science Conference, University of Indiana, 2000. Dr. Reilly has also developed a distance learning course in decision analysis with the Babson/Intel MBA program.

Dr. Reilly's research interests include decision analysis, sensitivity analysis, copulas (multivariate distributions), and applied statistics. Other areas of expertise are in decision and risk analysis and simulations models. He has been published in Management Science, Decision Sciences, Structural Equation Modeling, and Sociological Methods and Research. He is also co-author with Bob Clemen of Making Hard Decisions with DecisionTools.

Academic Degrees

  • Ph D, University of Oregon
  • MS, University of Oregon
  • BS, University of San Francisco

Academic Interest / Expertise

Finance; Simulations in Financial Risk Analysis; Math and Sciences; Applied Statistics

Courses

  • Degree Courses 2024

    • QTM 3625 FINANCIAL SIMULATION
    • QTM 7800 BUSINESS ANALYTICS
    • QTM 7200 DATA MODELS AND DECISIONS
  • Degree Courses 2023

    • QTM 7800 BUSINESS ANALYTICS
    • QTM 3625 FINANCIAL SIMULATION
    • QTM 7200 DATA MODELS AND DECISIONS

Publications

Books

  • Reilly, T.B., Winston, W.L. (2016). Financial Modeling Using Simulation & Optimization, 4th Ed.: Financial Modeling Using Simulation & Optimization, 4th ed.. Issue: 4th, Page: 540. Palisade Corp.
  • Clemen, R.T., Reilly, T.B. (2013). Instructor’s Manual for Making Hard Decisions with DecisionTools. Issue: 3rd. South-Western Cengage Learning.
  • Clemen, R.T., Reilly, T.B. (2013). Making Hard Decisions With DecisionTools. Issue: 3rd, Page: 848. South-Western Cengage Learning.

Book Chapters

  • Reilly, T.B. (2019). Decision Analysis Applied to Job Selection: Career and Life Planning Guidebook for Medical Residents, 10th Ed.. Issue: 10, Page: 412. Adventures in Medicine. link

Conference Proceedings

  • Reilly, T.B. (2015). Pedagogical Tools for Teaching Exploration: HEAd'15 - International Conference on Higher Education Advances. UPV Press.

Presentations

  • Pedagogical Tools for Teaching Exploration Reilly, T. 1st International Conference on Higher Education Advances, Valencia, Spain (2015)
  • Probabilistic Sensitivity Analysis with Fixed Probabilities Reilly, T. INFORMS Minneapolis – 2013, Minneapolis, MN (2013)
  • Search Enginne Query Data in Relation to Asset Prices Goggin, G. Reilly, T. 2010 SE INFORMS, Myrtle Beach, SC (2010)
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