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Marija Ilic joined the faculty of Carnegie Mellon University as a full professor in the Departments of Electrical and Computer Engineering and Engineering Public Policy. She has been a Senior Research Scientist at the EECS Department at MIT since 1987. Her interest is in control and design of large-scale systems. From September 1999 until March 2001, she was a Program Director for Control, Networks and Computational Intelligence at the National Science Foundation. Prior to her years at MIT, she was a member of the faculty at the University of Illinois at Urbana-Champaign and Cornell University. She is a recipient of the First Presidential Young Investigator Award for Power Systems. She is also an IEEE Fellow and an IEEE Distinguished Lecturer.

She has co-authored several books on the subject of large-scale electric power systems: Ilic and Zaborszky, Dynamics and Control of Large Electric Power Systems, John Wiley & Sons, Inc., 2000; Ilic, Galiana, and Fink (eds.), Power Systems Restructuring: Engineering and Economics, Kluwer Academic Publishers, printing 2000; Allen and Ilic, Price-Based Commitment decisions in the Electricity Markets, Springer-Verlag London Limited, 1999; Ilic and Liu, Hierarchical Power Systems Control: Its Value in a Changing Industry, Springer-Verlag London Limited, 1996; Skantze and Ilic, Valuation, Hedging and Speculation in Competitive Electricity Markets: A Fundamental Approach, Kluwer Academic Publishers, 2001.

In 2021, Professor Emerita Ilic was honored by election to the National Academy of Engineers “for contributions to electric power system analysis and control.”