Mihai Banciu

Mihai Banciu

Associate Dean of Faculty for the Freeman College of Management
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About Mihai Banciu


  • Ph.D., Operations Research, University of Pittsburgh, 2009.
  • M.B.A., James Madison University, 2002.
  • B.B.A., Romanian-American University, 1999.

Research Interests

  • Revenue management and pricing
  • Discrete optimization
  • Applications of operations research models in healthcare

Recent and Representative Publications

Banciu, M. M., Odegaard, F., & Stanciu, A. C. (2021). Revenue and Price Bounds for Bundles of Information Goods. Naval Research Logistics.

Stanciu, A. C., Banciu, M. M., Sadighi, A., Marshall, K., Holland, N., Abedi, V., & Zand, R. (2020). A Predictive Analytics Model for Differentiating Between Transient Ischemic Attacks (TIA) and its mimics. BMC Medical Informatics and Decision Making, 20(1), 112. http://doi.org/10.1186/s12911-020-01154-6

Sadighi, A., Stanciu, A. C., Banciu, M. M., Abedi, V., El Andary, N., Holland, N., & Zand, R. (2019). Rate and Associated Factors of Transient Ischemic Attack Misdiagnosis. ENeurologicalSci, 15, 100193. www.sciencedirect.com/science/article/pii/S2405650219300176

Banciu, M. M., Odegaard, F., & Stanciu, A. C. (2019). Distribution-free Bounds for the Expected Marginal Seat Revenue Heuristic with Dependent Demands. Journal of Revenue and Pricing Management, 18(2), 155–163. link.springer.com/article/10.1057/s41272-018-00170-6

Sadighi, A., Stanciu, A. C., Banciu, M. M., Abedi, V., El Andary, N., Holland, N., & Zand, R. (2019). Six-Month Outcome of Transient Ischemic Attack and its Mimics. Frontiers in Neurology, 10, 294. www.frontiersin.org/articles/10.3389/fneur.2019.00294/full

Banciu, M. M., & Ødegaard, F. (2016). Optimal product bundling with dependent valuations: The price of independence. European Journal of Operational Research, 255(2), 481–495. doi.org/10.1016/j.ejor.2016.05.022

Banciu, M. M., Balakrishnan, A., Glowacka, K., & Mirchandani, P. (2013). Hierarchical Approach for Survivable Network Design. European Journal of Operational Research, 225(2), 223–235.

Banciu, M. M., & Mirchandani, P. (2013). New Results Concerning Probability Distributions with Increasing Generalized Failure Rates. Operations Research, 61(4), 925–931.

Banciu, M. M., Gal-Or, E., & Mirchandani, P. (2010). Bundling Strategies When Products Are Vertically Differentiated and Capacities Are Limited. Management Science, 56(12), 2207–2223.

Recent Courses Taught

  • ACFM 340, Business Analytics & Financial Modeling.
  • MIDE 382, Predictive Analytics.
  • ANOP 102, Spreadsheet Modeling & Data Analysis.

Awards and Honors

  • Excellence in Teaching Award, The Joseph M. Katz Graduate School of Business, University of Pittsburgh. (2006).
  • Outstanding MBA Graduate Student, James Madison University. (2002).

Further Information

Contact Details


117B Holmes Hall