The Institute of Mathematical Stochastics at Technische Universität Carolo-Wilhelmina zu Braunschweig (TUBS) is a research oriented unit. The main objectives regarding research are development of non standard statistical methodology for problems arising in the fields of engineering sciences, economics and computer science. The main focus is on accident research and financial data. Additionally the institute is engaged in bachelor and master programs for students in financial and business oriented mathematics as well as engineering, computer science, economics and psychology. Consulting is part of our duties as well.

Braunschweig is a medium sized town of the state Lower Saxonian (Niedersachsen) in the northern part of Germany. TU Braunschweig was founded in 1745 and is a well respected technologically oriented university with about 14000 students and approximately 2600 staff members.

The team of the Institute of Mathematical Stochastics consists of two professors in statistics, a senior scientist, 4-5 junior scientists (mainly Ph.D. students with temporary positions) and two secretaries. We have successfully carried through research projects for a car manufacturer on driver assistant systems and various projects within the Safety Rating Advisory Committee (SARAC) for the European Commission.

Jens-Peter Kreiss, Professor Dr. rer. nat., born in Hamburg 1958, studied mathematics, physics and educational sciences at Hamburg University. He received his diploma degree in mathematics in 1983, a Ph.D. in mathematics 1984 and the so-called habilitation (venia legendi) in 1989. During 1989 he was holding a visiting professorship at the University of Freiburg (Germany). From 1990 till 2001 he was Associate Professor in mathematical statistics at TU Braunschweig and since 2001 he is a full professor. From 2003 till 2005 he was dean of the faculty of mathematics and computer science and since 2005 he is a member of the senate of TU Braunschweig.

Lothar Schüler, Dr., born in Braunschweig 1947, studied mathematics, physics and economics. He got his diploma degree in mathematics in 1972 and Ph. D. in 1974. He has been working as a researcher and instructor in mathematical and advanced statistics at TU Braunschweig since 1972. He is experienced in consulting both scientists and professionals in all fields of statistics.