The Institute for Statistics and Mathematics is currently inviting applications for two 30 hours/week Teaching and Research Associate positions (pre-doc,employee subject to the terms of the Collective Bargaining Agreement for University Staff – Angestellte/r gemäß Kollektivvertrag für die Arbeitnehmer/innen der Universitäten; minimum gross monthly salary, paid 14 times per year: Euro 2,095.95, recognition of previous employment – if relevant to the advertised position – possible). This employee  position will be limited to a period of 6 years, starting on October 1, 2018 (commencement date subject to change).
Please note that under the terms of the WU personnel development plan, the position of Teaching and Research Associate is limited to an employment period of not more than six years. Applicants who are already employed at WU as substitute employees can therefore  only be employed for the time remaining to complete the six-year period. Persons who have already been employed at WU in a Teaching and Research Associate position can only be re-employed in an Assistant Professor, tenure track position.
The successful candidate will enroll in the PhD Programm in Economics and Social Science (an English track is available) and 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 Ievel (2hrs of teaching per week).
Your Profile:

  • MSc or diploma in applied mathematics or, alternatively, an 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
  • Pedagocical 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 Prof. Kurt Hornik ( or Prof Rüdiger Frey  (
Application materials can be submitted online until May 9, 2018.
Please apply on our homepage