What is Statistics?

In Statistics, methods for data collection as well as data analysis are developed. This empirical approach is used in any field of economics. Therefore, statistical methods are essential for every economist.

Work Priorities

We are focused on the developement of statistical methods for analysis of financial markets. Another focus is on the measurement of risk of financial institutions. There, we work with the effects of statistical model risk.

Business and Practice

The institute cooperates with different organisations in teaching and research. In the field of teaching, we regularly offer seminars in cooperation with companies. Furthermore, there are cooperations on student research projects as well as bachelor and master theses.

In the field of research, we cooperate with financial institutions in the work of model risk.

Moreover, the institute advises on statistical problems.