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Dr. Hidayet Beyhan

Ph.D. in Business Administration · Researcher · Educator

HB

Dr. Hidayet Beyhan

Ph.D. · Researcher · Statistician

  • 📍 Istanbul, Turkey
  • ✉️ hidayetbeyhan@gmail.com
  • 🔗 LinkedIn
  • 💻 GitHub

Skills
Python R Matlab SPSS EViews Jamovi Machine Learning Time Series Agent-Based Modeling Statistical Inference

Background & Research

I hold a Ph.D. in Business Administration from Istanbul Technical University with a background in Mathematics from Eskişehir Osmangazi University. Over more than five years, I have built deep expertise in Python programming, machine learning, and statistical modeling — particularly applied to financial markets.

My doctoral thesis explored dynamic market modeling with heterogeneous agents across diverse markets. One of my most significant projects was a data-driven limit order book simulator that enables agents to interact with real historical NASDAQ orders, developed during a visiting researcher position at the University of Liverpool. This work required translating complex financial microstructure theory into working, testable code.

I have contributed to multiple research projects spanning marketing analytics, transportation economics, household expenditure, and social media effects on academic performance. My work has appeared in international journals and been presented at conferences across Europe and Turkey.

Beyond research, I am passionate about education. This website is dedicated to making statistics clear, visual, and accessible — because statistical literacy is increasingly essential in every field.


Education

Ph.D. in Business Administration

Istanbul Technical University
2017 – 2023

Thesis: Dynamic market modeling with heterogeneous agents: applications in diverse markets.

M.Sc. in Accounting and Finance

Swansea University, UK
2014 – 2015

Thesis: The optimal out-of-sample length for forecasting FTSE 100 Stock Index Volatility with GARCH(1,1) Model.

B.Sc. in Mathematics

Eskişehir Osmangazi University
2006 – 2010

Experience

Research Assistant

Istanbul Technical University
May 2017 – Present

Conducts research using Python and R. Supports graduate courses in Statistics, Financial Econometrics, and Machine Learning for Business Applications. Develops problem-solving sessions for graduate students.

Visiting Researcher

University of Liverpool, UK
Oct 2021 – Oct 2022

Built a limit order book simulator in Python to test machine learning trading strategies, enabling designated agents to interact with real NASDAQ stock orders.


Selected Publications

Beyhan, H. & Ulengin, B. (2023). Does more intelligent trading strategy win? Interacting trading strategies: An agent-based approach.

Journal of Intelligence Studies in Business, 12(3), 54–65.

Sivri, M.S. et al. (2022). Financial Analytics. In: Business Analytics for Professionals.

Springer Series in Advanced Manufacturing.

Kaya, G., Beyhan, H. et al. (2022). The Liberalization Effect on Air Transport Expenditure Choices of Turkish Households.

Journal of Transportation and Logistics, 7(1), 1–18.

Pekpazar, A., Aydın, G.K., Beyhan, H. et al. (2021). Role of Instagram Addiction on Academic Performance among Turkish University Students.

Computers and Education Open, 100049.

Beyhan, H. & Ulengin, B. (2021). Modelling an Artificial Financial Market: Agent Based Approach.

Maliye Finans Yazıları, Special Issue 2, 71–96.

Dogan, O., Kaya, G., Kaya, A. & Beyhan, H. (2019). Catastrophic Household Expenditure for Healthcare in Turkey: Clustering Analysis of Categorical Data.

Data, 4(3), 112.