Faculty of Engineering and Natural Sciences

Academic Members

Faculty Member, PhD Nadi Serhan Aydın

Faculty Member, PhD
Nadi Serhan Aydın

Endüstri Mühendisliği

Dr. Aydın holds a BSc. degree in Management Engineering from Istanbul Technical University, as well as MSc. and PhD. degrees in Mathematical Finance from the Institute of Applied Mathematics at Middle East Technical University. He carried out his doctoral thesis studies as part of the Financial Signal Processing (FSP) Lab at Imperial College London. During his graduate studies, Dr. Aydın was also granted research fellowships at Heidelberg and Ulm Universities. Between 2011 and 2016, he worked as a senior researcher at an international organization, carrying out multi-stakeholder projects including the World Bank and various UN institutions, with a particular focus on financial sector development. Prior to joining Istinye University, Dr. Aydın also taught at the Department of Industrial Engineering at TED University in Ankara and is a certified Financial Risk Manager (FRM) designated by the Global Association of Risk Professionals (GARP). He also acts as reviewer and guest editor in a number of international journals. His research interests lie in quantitative finance, computational optimization, financial signal processing, and machine/reinforcement learning.

Çalışma Alanları

  • Mühendislik Temel Alanı
  • Endüstri Mühendisliği
  • Yöneylem Araştırması
  • Modelleme ve Optimizasyon
  • Finansal Mühendislik
  • Designing a Sustainable Water Supply Strategy through Biobjective Mixed-Integer Linear Programming: A Case Study on Gaza, 2024
  • A seismic-risk-based bi-objective stochastic optimization framework for the pre-disaster allocation of earthquake search and rescue units, 2024
  • A bi-level decision-making system to optimize a robust-resilient-sustainable aggregate production planning problem, 2023
  • Preface: advances of machine learning and optimization in healthcare systems and medicine, 2023
  • Erratum: A novel bi-objective model for a multi-period multi-product closed-loop supply chain, 2023
  • Integrated design of sustainable supply chain and transportation network using a fuzzy bi-level decision support system for perishable products, 2022
  • Reinforcement-learning-based optimal trading in a simulated futures market with heterogeneous agents, 2022
  • A systematic review of aggregate production planning literature with an outlook for sustainability and circularity, 2022
  • A Hybrid Biobjective Markov Chain Based Optimization Model for Sustainable Aggregate Production Planning, 2022
  • MODELLING AND PREDICTING THE GROWTH DYNAMICS OF COVID-19 PANDEMIC: A COMPARATIVE STUDY INCLUDING TURKEY, 2022
  • A novel bi-objective model for a multi-period multi-product closed-loop supply chain, 2022
  • Fuzzy integrated cell formation and production scheduling considering automated guided vehicles and human factors, 2021
  • A sustainable medical waste collection and transportation model for pandemics, 2021
  • A robust bi-objective mathematical model for disaster rescue units allocation and scheduling with learning effect, 2020
  • Asset-backed stable numéraire approach for sustainable valuation, 2020
  • A quantitative framework for testing the resilience of Islamic finance portfolios under IFSB and Basel capital rules, 2017
  • Valuation of power swing options, 2013
  • Simulation and Prediction of Wind Speeds: A Neural Network for Weibull, 2013
  • Stress testing of energy-related derivative instruments based on conditional market risk models, 2010
  • Optimal Control of Stochastic Hybrid Systems under Regime Switches, Impulsiveness and Delay, in Finance, Economics and Nature, 2016
  • Exploring the Trading Implications of the Brody-Hughston-Macrina (BHM) Framework using Reinforcement Learning, 2022
  • A Risk-Based Stochastic Optimization Framework for pre-Disaster Optimal Allocation of Earthquake Search and Rescue Units, 2023
  • Concept and mathematics of interest-free valuation and financial engineering, 2015
  • A novel multi-objective model for sustainable-robust aggregate production planning problem, 2022
  • Optimization and Control Reenters under Stochastic Uncertainty, Jumps, Regime Switches and Paradigms Shifts, 2016
  • Emerging Operational Research, Finance and Economics: Optimal Control under Regime Switches and Paradigm Shifts, 2015
  • Stochastic optimal control of impulsive systems under regime switches and paradigm shifts, in biology, finance and economics, 2017
  • State of the Art Review on Seismic Behavior and Design of Steel Storage Racking Structures, 2019
  • Reinforcement Learning based Optimal Trading in a Heterogeneous Agent Network, 2021
  • Stress-Testing of Energy Related Derivative Instruments Based on Conditional Market Risk Models, 2009
  • Financial Modelling with Forward-looking Information: An Intuitive Approach to Asset Pricing, ISBN: 978-3-319-57147-8, 2017
  • Science, Engineering Management and Information Technology, ISBN: 978-3-031-40395-8, 2023
  • Multidimensional and Strategic Outlook in Digital Business Transformation, ISBN: 978-3-031-23432-3, 2023