The Institute of Statistics and Mathematics, Vienna University of Economics and Business (WU) is currently inviting applications for three PhD positions (30 hrs/week, contract duration 6 years). The intended starting date is September 1st 2016.
The successful applicants will carry out research work in the field of mathematics for  economics and business in one of the research areas of the institute (stochastic processes and financial mathematics; statistics and computing; optimization), typically with a focus on applications in finance and economics. Your research projects will comprise all aspects of applied mathematics, from model development and mathematical analysis to numerical implementation and statistical estimation of models.
Moreover, you will have teaching and supervision duties at the undergraduate level (2hrs of teaching per week).
Your profile:

  • MSc or diploma in applied mathematics or, alternatively, a MSc in either quantitative finance, quantitative economics, or statistics, with a strong mathematical background
  • Very good background in stochastics (probability theory and statistics)
  • A strong motivation for academic research
  • Good English as well as good programming skills
  • Padagocical and presentation skills

German language skills are not a prerequisite. Some prior background in economics or finance is an advantage.
We offer a stimulating interdisciplinary research environment in an attractive city. For further information contact either Prof. Rüdiger Frey ( or Prof. Sylvia Frühwirth-Schnatter (
Deadline for applications: March 29th 2017  (online application, reference number 3315).
Application materials can be submitted online until March 29th, 2017.
Details to be found under: