| EPSRC Reference: |
EP/S023925/1 |
| Title: |
EPSRC Centre for Doctoral Training in Mathematics of Random Systems: Analysis, Modelling and Simulation |
| Principal Investigator: |
CONT, Professor R |
| Other Investigators: |
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| Researcher Co-Investigators: |
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| Project Partners: |
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| Department: |
Mathematical Institute |
| Organisation: |
University of Oxford |
| Scheme: |
Centre for Doctoral Training |
| Starts: |
01 April 2019 |
Ends: |
30 September 2027 |
Value (£): |
6,900,866
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| EPSRC Research Topic Classifications: |
| Mathematical Analysis |
Numerical Analysis |
| Statistics & Appl. Probability |
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| EPSRC Industrial Sector Classifications: |
| Financial Services |
Healthcare |
| Information Technologies |
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| Related Grants: |
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| Panel History: |
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Summary on Grant Application Form |
Probabilistic modelling permeates all branches of engineering and science, either in a fundamental way, addressing randomness and uncertainty in physical and economic phenomena, or as a device for the design of stochastic algorithms for data analysis, systems design and optimisation. Probability also provides the theoretical framework which underpins the analysis and design of algorithms in Data Science and Artificial Intelligence.
The "CDT in Mathematics of Random Systems" is a new partnership in excellence between the Oxford Mathematical Institute, the Oxford Dept of Statistics, the Dept of Mathematics at Imperial College and multiple industry partners from the healthcare, technology and financial services sectors, whose goal is to establish an internationally leading PhD training centre for probability and its applications in physics, finance, biology and Data Science, providing a national beacon for research and training in stochastic modelling and its applications, reinforcing the UK's position as an international leader in this area and meeting the needs of industry for experts with strong analytical, computing and modelling skills.
We bring together two of the worlds' best and foremost research groups in the area of probabilistic modelling, stochastic analysis and their applications -Imperial College and Oxford- to deliver a consolidated training programme in probability, stochastic analysis, stochastic simulation and computational methods and their applications in physics, biology, finance, healthcare and Data Science. Doctoral research of students will focus on the mathematical modelling of complex physical, economic and biological systems where randomness plays a key role, covering mathematical foundations as well as specific applications in collaboration with industry partners. Joint projects with industrial partners across several sectors -technology, finance, healthcare- will be used to sharpen research questions, leverage EPSRC funding and transfer research results to industry.
Our vision is to educate the next generation of PhDs with unparalleled, cross-disciplinary expertise, strong analytical and computing skills as well as in-depth understanding of applications, to meet the increasing demand for such experts within the Technology sector, the Financial Service sector, the Healthcare sector, Government and other Service sectors, in partnership with industry partners from these sectors who have committed to co-funding this initiative.
ALIGNMENT with EPSRC PRIORITIES
This proposal reaches across various areas of pure and applied mathematics and Data Science and addresses the EPSRC Priority areas of (15. Mathematical and Computational Modelling), (22. Pure Mathematics and its Interfaces) ; however, the domain it covers is cross-disciplinary and broader than any of these priority areas taken in isolation. Probabilistic methods and algorithms form the theoretical foundation for the burgeoning area of Data Science and AI, another EPSRC Priority area which we plan to address, in particular through industry partnerships with AI/technology/data science firms.
IMPACT
By training highly skilled experts equipped to build, analyse and deploy probabilistic models, the CDT in Mathematics of Random Systems will contribute to
- sharpening the UK's research lead in this area and training a new generation of mathematical scientists who can tackle scientific challenges in the modelling of complex, simulation and control of complex random systems in science and industry, and explore the exciting new avenues in mathematical research many of which have been pioneered by researchers in our two partner institutions;
- train the next generation of experts able to deploy sophisticated data driven models and algorithms in the technology, finance and healthcare sectors
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Key Findings |
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This information can now be found on Gateway to Research (GtR) http://gtr.rcuk.ac.uk
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Potential use in non-academic contexts |
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This information can now be found on Gateway to Research (GtR) http://gtr.rcuk.ac.uk
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Impacts |
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| Description |
This information can now be found on Gateway to Research (GtR) http://gtr.rcuk.ac.uk |
| Summary |
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| Date Materialised |
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Sectors submitted by the Researcher |
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This information can now be found on Gateway to Research (GtR) http://gtr.rcuk.ac.uk
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| Project URL: |
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| Further Information: |
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| Organisation Website: |
http://www.ox.ac.uk |