The Institute of Econometrics at the WSE is one of the largest academic units. Organized in five sections it employs over 40 faculty members having an expertise in all principal areas of modeling economic processes and economic phenomena.
Research conducted in the Institute encompasses both, fundamental as well as applied research problems. The topics and the scope of the research mirror the contemporary trends. Institute’s major fields of expertise include: microeconometrics, financial econometrics, decision analysis and support systems, nonclassical Markov models, insurance modeling, including automobile insurance, advanced financial mathematics, mathematical statistics, including Bayesian analysis and sampling.
Our findings are often incorporated in academic programs. Research projects employ students enrolled in doctoral and master programs. The Institute has an ample curricular offer with close to 100 courses in the form of lectures, laboratories, and seminars, for students in all three levels of studies. The courses range from comprehensive foundation to advanced and research-oriented areas. The Institute offers certificate programs in nine specializations and interdisciplinary areas, at the undergraduate and graduate levels. The Institute prepares programs and syllabi for core courses, electives as well as for general foundation courses. The programs are designed mainly for students majoring in Quantitative Methods in Economics and Information Systems, to enable them to acquire competence in implementing an analytic approach, in forecasting, optimization and simulation. Yet, the programs are addressed to all students who are aware of the importance of analytical skills in contemporary business and administration.