Latest News

Here we will inform you about the latest research topics, upcoming events and other news of the department.

Scientific Assistants / Interns

We are always looking for scientific assistants an interns as support in projects from the industry and research. Besides your interest on financial mathematical context, basic knowledge in a common programing language is requested. The remuneration is to be agreed upon.


Topics for Master Thesis

For our focus in financial mathematics for the energy industry, there are master thesis of the following topics available:

  • Evaluation of EEX Intraday Cap-Futures and
  • Evaluation of EEX Location Spreads,
  • Machine Learning to forecast Energy Markets

Do you have an own idea for a thesis? Also, this is a welcomed alternative. In this case, please submit your proposed topic within an unsolicited application, so that we can assess whether the proposed topic suits in our core competences.

Departmental News

Expansion of the Department with four new Employees

Four new employees were hired to meet the growing demands of our projekt work. We could expand our expertise in the field of Data Science, especially Big Data and Machine Learning, by hiring M.Sc. Simon Schnürch and Dr. Robert Knobloch. Furthermore, our competences in the field of Power Energy were strengthened by M.Sc. Ria Grindel. An additional support in the field of classical Financial Mathematics is M.Sc. Philipp Mahler.

M.Sc. Franziska Diez and M.Sc. Prilly Oktoviany new PhD Students

After two successful years as scientific employees at our department Franziska Diez and Prilly Oktoviany start their time as PhD students.


TALENTA - Financial Aid for Research Careers

Two staff members, Ria Grindel and Dr. Elisabeth Leoff, were accepted into the Fraunhofer-Gesellschaft TALENTA program. Both appreciate this support at the start of the careers and to further their career planning in applied research.

Ria Grindel und Elisabeth Leoff werden durch Fraunhofer TALENTA gefördert.
© Fraunhofer ITWM

Ria Grindel and Elisabeth Leoff were accepted into the Fraunhofer-Gesellschaft TALENTA program.

New Projects in our Department

Our proposals for major research projects for 2018 in the priority areas of data science and the energy economy were successful. We plan to develop new methods for forecasting time series and to introduce our expertise in the field of machine learning in "ML4P" (Machine Learning for Production), a Fraunhofer showcase project. The BMBF sponsored "ENets" project (Stochastic modeling and control of the power grids of the future) combines innovative models for the energy market with the modeling of electrical and gas grids.

Current Events


Conference / Fraunhofer-Zentrum, Kaiserslautern / 09/03/2019 - 09/04/2019

Annual Conference of the EI-QFM

[only available in German] Our expert Dr. Andreas Wagner will give a lecture at the annual conference of the EI-QFM on »Data Science«.

Annual Report 2018/19


Annual Report 2018/19

Take a look at our latest annual report. Find current highlights and projects of our department.