Who We Are

We are researchers and experts helping our clients make informed decisions using innovative analytics. We tackle challenges with rigorous research and strategy to improve the quality of life. Whether examining policies to provide the best patient care, rebuilding housing communities, or analyzing the merits of space exploration, we apply hard work and dedication to each of our projects.

Our History

Econometrica was founded in 1998 to answer a growing demand for directed economic and analytical consulting services. Located in the heart of Bethesda, MD, above the Bethesda Metro Station, our offices are just 20 minutes from downtown Washington, DC. Our location enables us to focus our resources rapidly to assist the many organizations and agencies near our Nation’s capital and provides immediate access to resources unique to the seat of National Government.

Our Leadership

At Econometrica, we nurture a collaborative environment for ideas and problem-solving strategies to grow. We value individuals who think critically and communicate openly. Search our current job openings to join our team.

Cyrus Baghelai, President/CEO

Since founding Econometrica in 1998, Mr. Baghelai has overseen and directed all aspects of Econometrica’s operations, strategic planning, and business development, guiding the company’s growth. With a career focused on Government contracting spanning more than 30 years, Mr. Baghelai has managed and conducted major research and analytical studies, developed econometric models, and conducted statistical and economic analyses for a wide range of Federal, State, and local government agencies.

Prior to starting Econometrica, Mr. Baghelai acquired an extensive background applying operations research and statistical methods to a variety of issues of importance to Government agencies. At Washington Consulting Group, he had corporate, technical, and managerial responsibilities, overseeing a staff of more than 45 professionals in econometrics, economics, policy, operations research, and other areas. Under his direction, more than $40 million in projects were awarded to the firm. As Vice President of System Sciences, he directed a staff of economists, operations research analysts, engineers, programmers, and policy analysts in the health, energy, and defense fields.


  • M.S., Operations Research and Industrial Engineering, Illinois Institute of Technology.
  • M.S., Economics, University of Southern California.
  • B.S., Economics, National University.

Soroor Mohammad, Chairwoman & Treasurer

Ms. Mohammad has been with Econometrica since its inception in 1998, tirelessly working toward Econometrica’s success. As Chairwoman and Treasurer, she drives company efforts in business development and increasing technical capabilities. In addition, she works to create a positive atmosphere and beautiful workspace for Econometrica employees.

Russ Davis, Director, Capital Markets

Mr. Davis is an authority on Federal loan and guarantee programs, with more than 30 years of experience split between Wall Street and Washington, DC. He has a strong history of innovation and leadership in the three main areas of public finance: transactions (underwriting and restructuring), operations (loan origination and servicing), and policy. Mr. Davis has specialized in housing, healthcare, transportation, and financial technology, having served as a former senior executive at the U.S. Department of Agriculture (Administrator, Rural Housing Service), U.S. Department of Housing and Urban Development (acting Deputy Assistant Secretary), and U.S. Department of the Treasury (Senior Policy Advisor).


  • M.A., Applied Economics, Johns Hopkins University.
  • B.A., Economics, Harvard University.

Monique Sheppard, Director, Health

Dr. Sheppard is a health policy researcher, manager, epidemiologist, and biostatistician with more than 27 years of experience in qualitative and quantitative evaluation, data collection and analysis, national survey and evaluation projects, measure development, policy analysis, technical assistance and training, and rapid-cycle evaluation. She has led Econometrica’s Health Group since 2012 and has overseen or led Econometrica’s portfolio of projects for the Centers for Medicare & Medicaid Services (CMS) as well as other U.S. Department of Health & Human Services agencies. She currently serves as Corporate Monitor for five contracts and two subcontracts and is the Director of Econometrica’s CMS-funded State Data Resource Center.


  • Ph.D., Health Policy, and Management (emphasis in Injury Prevention & Control), Johns Hopkins University, School of Hygiene and Public Health.
  • M.S., Biostatistics and Epidemiology, Georgetown University School of Medicine.
  • B.A., Biological Sciences, University of California, Santa Barbara.

Craig Corl, Director, General Services

Mr. Corl is an experienced executive with more than 35 years of experience in a variety of homeland security and national defense positions. He has advised and supported a broad range of Government agencies, including the U.S. Coast Guard, U.S. Customs and Border Protection, U.S. Census Bureau, U.S. Department of Energy, Food and Drug Administration, and Transportation Security Administration. Mr. Corl is a prolific writer with highlights including research and publication of reports on the intersection of climate change, energy dependency, and national security and consulting in the areas of environmental regulatory compliance (National Environmental Policy Act), international maritime security, strategic planning, risk management, Federal acquisition of major systems, leadership development, and organizational change management.


  • Ph.D. Candidate (ABD), Environmental and Energy Management, The George Washington University.
  • M.A., New Media Photojournalism, Corcoran College of Art and Design.
  • M.S., Engineering Management, The George Washington University.
  • B.S., Marine Engineering, U.S. Coast Guard Academy.

Dennis Stout, Director, Housing & Community Development

With 25 years of experience, Mr. Stout has advised numerous Federal agencies, including the U.S. Departments of Defense, Navy, Army, Air Force, Housing and Urban Development (HUD), Veterans Affairs, and Agriculture, as well as the GSA, Federal Judiciary, U.S. Small Business Administration, U.S. Election Assistance Commission, and others on housing subsidy and financing programs, asset management, risk assessment, program design and implementation, financing alternatives, grants management, and accounting and reporting processes.

  • M.B.A., Columbia University.
  • M.A., Politics, Princeton University.
  • A.B., Economics and Political Science, University of California at Berkeley.

Dmitriy Goryachev, Director, Data Analytics

Mr. Goryachev is an experienced technical subject matter expert, specializing in payment incentives, healthcare quality and performance measurement, pharmaceuticals, electronic health records, Medicare and Medicaid populations, housing, and the environment. He is experienced in quantitatively analyzing large datasets, including Centers for Medicare & Medicaid Services (CMS) administrative data such as Medicare claims and national survey data. He leads Econometrica’s Data Analytics Group, a team of economists and programmers working on a variety of projects, and oversees data analysis, quality assurance, and technical deliverables for CMS, other Federal agencies, and private-sector clients. Mr. Goryachev’s strong leadership focuses on staff empowerment, innovation, talent optimization, and performance motivation.


  • M.S., Computer Science, Database Systems Technology, University of Maryland.
  • B.S., Decision and Information Technology, University of Maryland.

Laurie Riker, Director, Human Resources

With more than 20 years of experience, Ms. Riker has advised leadership teams with fortune 50 organizations, in the high tech (Oracle Corporation), finance (Bank of New York,) management consulting, and not-for-profit arenas on all aspects of human resource management. She has partnered with key executives across all businesses lines to drive employee engagement, morale, and performance in environments experiencing both significant external and internal organizational change. Ms. Riker has established and implemented short- and long-term corporate human capital plans, which included improving employee relations, talent acquisition and development, succession planning, workforce planning, compensation and benefits, and performance management.


  • M.S.W., Rutgers University.
  • SPHR, Villanova University.
  • B.S., Business Administration/Finance, University at Cal State Long Beach.

Interested in partnering with us?

Econometrica is interested in partnering with small businesses, consulting firms, and subject matter experts for exciting contracts. Get in touch with us to discuss business opportunities.