[2] Richmond received a BA in psychology from Syracuse University, an MBA from Columbia University, an MA in operations research from Case Western Reserve University, and a PhD in system dynamics from Massachusetts Institute of Technology, where he was a graduate student of Jay Wright Forrester.
[3] Whilst at the MIT Sloan School of Management, Richmond became intrigued with the possibilities of creating a software package to promote modeling and simulation activities using the new Macintosh computer produced by Apple.
Richmond has also been an associate editor of the journal "Systems dynamics" and "Simulation".
[5] In 2007, ISEE Systems established the "Barry Richmond Scholarship Award" to honor and continue the legacy of its founder.
The award is presented annually to a deserving Systems Thinking/System Dynamics practitioner whose work demonstrates a desire to expand the field or to apply it to current social issues.